BLASIG UNIT
BLASIG UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from December 1994 to August 2026, totalling 48,644 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 $185K, with roughly $36K 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 64 barrels a month. Its strongest month on the record we hold was August 2025, at 216 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BLASIG UNIT
- Who operates BLASIG UNIT?
- BLASIG UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is BLASIG UNIT?
- BLASIG UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22606.
- Is BLASIG UNIT still producing?
- BLASIG UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLASIG UNIT is August 2026.
- How much has BLASIG UNIT produced?
- BLASIG UNIT has reported 48,644 barrels of oil (bbl) to the Railroad Commission of Texas between December 1994 and August 2026, from 1 wellbore.
- How much is BLASIG UNIT worth?
- The remaining production from BLASIG UNIT is estimated to be worth about $185K in total as of 26 August 2026, within a range of $102K to $269K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLASIG UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BLASIG UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLASIG UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BLASIG UNIT generate in a year?
- BLASIG UNIT is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLASIG UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 22606 |
| Wellbores | 1 |
| Reported production | 48,644 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $185K |
Where BLASIG UNIT 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.