BLESSING UNIT NO. 3

BLESSING UNIT NO. 3 is a Texas gas lease in Matagorda County, Railroad Commission district 03, operated by Baseline Oil & Gas Corp. It has 1 wellbore on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 537,434 thousand cubic feet. 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 $6K, with roughly $939 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 14 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 2,137 thousand cubic feet. 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 BLESSING UNIT NO. 3

Who operates BLESSING UNIT NO. 3?: BLESSING UNIT NO. 3 is operated by Baseline Oil & Gas Corp., Railroad Commission of Texas operator number 054107.
Where is BLESSING UNIT NO. 3?: BLESSING UNIT NO. 3 is a Texas gas lease in Matagorda County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 244598.
Is BLESSING UNIT NO. 3 still producing?: BLESSING UNIT NO. 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLESSING UNIT NO. 3 is August 2026.
How much has BLESSING UNIT NO. 3 produced?: BLESSING UNIT NO. 3 has reported 537,434 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2008 and August 2026, from 1 wellbore.
How much is BLESSING UNIT NO. 3 worth?: The remaining production from BLESSING UNIT NO. 3 is estimated to be worth about $6K in total as of 27 August 2026, within a range of $3K to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLESSING UNIT NO. 3 is a fraction of it. The estimate fits an Arps decline curve to the production BLESSING UNIT NO. 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLESSING UNIT NO. 3 is an estimate of value, not an offer and not an appraisal.
How much income does BLESSING UNIT NO. 3 generate in a year?: BLESSING UNIT NO. 3 is forecast to net about $939 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLESSING UNIT NO. 3 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BLESSING UNIT NO. 3 as filed with the Railroad Commission of Texas
Operator	Baseline Oil & Gas Corp.
Field	Pheasant, SW. (Frio 10500)
County	Matagorda County, Texas
RRC district	03
Lease number	244598
Wellbores	1
Reported production	537,434 mcf
First reported	November 2008
Last reported	August 2026
Estimated royalty value	$6K

Where BLESSING UNIT NO. 3 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.