BLOCK 72 UNIT
BLOCK 72 UNIT is a Texas oil lease in Live Oak County, Railroad Commission district 02, operated by Marquee Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 176,925 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 $663K, with roughly $128K 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 203 barrels a month. Its strongest month on the record we hold was May 2016, at 337 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 BLOCK 72 UNIT
- Who operates BLOCK 72 UNIT?
- BLOCK 72 UNIT is operated by Marquee Corporation, Railroad Commission of Texas operator number 526675.
- Where is BLOCK 72 UNIT?
- BLOCK 72 UNIT is a Texas oil lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 06896.
- Is BLOCK 72 UNIT still producing?
- BLOCK 72 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLOCK 72 UNIT is August 2026.
- How much has BLOCK 72 UNIT produced?
- BLOCK 72 UNIT has reported 176,925 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BLOCK 72 UNIT worth?
- The remaining production from BLOCK 72 UNIT is estimated to be worth about $663K in total as of 26 August 2026, within a range of $517K to $809K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLOCK 72 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BLOCK 72 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLOCK 72 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BLOCK 72 UNIT generate in a year?
- BLOCK 72 UNIT is forecast to net about $128K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLOCK 72 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marquee Corporation |
|---|---|
| Field | Clayton (Queen City -B-) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 06896 |
| Wellbores | 1 |
| Reported production | 176,925 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $663K |
Where BLOCK 72 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.