BLE-IRWIN
BLE-IRWIN is a Texas oil lease in Kent County, Railroad Commission district 8A, operated by Gunn Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from March 1998 to August 2026, totalling 140,204 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $628K, with roughly $121K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 147 barrels a month. Its strongest month on the record we hold was March 2017, at 379 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about BLE-IRWIN
- Who operates BLE-IRWIN?
- BLE-IRWIN is operated by Gunn Oil Company, Railroad Commission of Texas operator number 339493.
- Where is BLE-IRWIN?
- BLE-IRWIN is a Texas oil lease in Kent County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67915.
- Is BLE-IRWIN still producing?
- BLE-IRWIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLE-IRWIN is August 2026.
- How much has BLE-IRWIN produced?
- BLE-IRWIN has reported 140,204 barrels of oil (bbl) to the Railroad Commission of Texas between March 1998 and August 2026, from 1 wellbore.
- How much is BLE-IRWIN worth?
- The remaining production from BLE-IRWIN is estimated to be worth about $628K in total as of 27 August 2026, within a range of $490K to $767K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLE-IRWIN is a fraction of it. The estimate fits an Arps decline curve to the production BLE-IRWIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLE-IRWIN is an estimate of value, not an offer and not an appraisal.
- How much income does BLE-IRWIN generate in a year?
- BLE-IRWIN is forecast to net about $121K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLE-IRWIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gunn Oil Company |
|---|---|
| Field | Maben (Cisco) |
| County | Kent County, Texas |
| RRC district | 8A |
| Lease number | 67915 |
| Wellbores | 1 |
| Reported production | 140,204 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $628K |
Where BLE-IRWIN sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.