BLOCKER "24"
BLOCKER "24" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Stephens, Autry C. It has 2 wellbores on file with the Commission. Reported production runs from April 2000 to August 2026, totalling 116,372 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 $949K, with roughly $183K 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 235 barrels a month, about 117 per wellbore. Its strongest month on the record we hold was August 2019, at 1,033 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 BLOCKER "24"
- Who operates BLOCKER "24"?
- BLOCKER "24" is operated by Stephens, Autry C., Railroad Commission of Texas operator number 817550.
- Where is BLOCKER "24"?
- BLOCKER "24" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36272.
- Is BLOCKER "24" still producing?
- BLOCKER "24" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLOCKER "24" is August 2026.
- How much has BLOCKER "24" produced?
- BLOCKER "24" has reported 116,372 barrels of oil (bbl) to the Railroad Commission of Texas between April 2000 and August 2026, from 2 wellbores.
- How much is BLOCKER "24" worth?
- The remaining production from BLOCKER "24" is estimated to be worth about $949K in total as of 27 August 2026, within a range of $740K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLOCKER "24" is a fraction of it. The estimate fits an Arps decline curve to the production BLOCKER "24" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLOCKER "24" is an estimate of value, not an offer and not an appraisal.
- How much income does BLOCKER "24" generate in a year?
- BLOCKER "24" is forecast to net about $183K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLOCKER "24" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stephens, Autry C. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 36272 |
| Wellbores | 2 |
| Reported production | 116,372 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $949K |
Where BLOCKER "24" 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.