BLAGRAVE "54-59"
BLAGRAVE "54-59" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 4 wellbores on file with the Commission. Reported production runs from January 2011 to August 2026, totalling 226,237 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 $1.6M, with roughly $363K 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 490 barrels a month, about 123 per wellbore. Its strongest month on the record we hold was May 2016, at 1,514 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 BLAGRAVE "54-59"
- Who operates BLAGRAVE "54-59"?
- BLAGRAVE "54-59" is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is BLAGRAVE "54-59"?
- BLAGRAVE "54-59" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40955.
- Is BLAGRAVE "54-59" still producing?
- BLAGRAVE "54-59" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLAGRAVE "54-59" is August 2026.
- How much has BLAGRAVE "54-59" produced?
- BLAGRAVE "54-59" has reported 226,237 barrels of oil (bbl) to the Railroad Commission of Texas between January 2011 and August 2026, from 4 wellbores.
- How much is BLAGRAVE "54-59" worth?
- The remaining production from BLAGRAVE "54-59" is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLAGRAVE "54-59" is a fraction of it. The estimate fits an Arps decline curve to the production BLAGRAVE "54-59" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLAGRAVE "54-59" is an estimate of value, not an offer and not an appraisal.
- How much income does BLAGRAVE "54-59" generate in a year?
- BLAGRAVE "54-59" is forecast to net about $363K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLAGRAVE "54-59" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 40955 |
| Wellbores | 4 |
| Reported production | 226,237 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where BLAGRAVE "54-59" 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.