BLUE FLAT
BLUE FLAT is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Pitcock, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2004 to August 2026, totalling 291,286 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 $115K, with roughly $18K 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 683 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 1,389 thousand cubic feet. 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 BLUE FLAT
- Who operates BLUE FLAT?
- BLUE FLAT is operated by Pitcock, Inc., Railroad Commission of Texas operator number 665870.
- Where is BLUE FLAT?
- BLUE FLAT is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 200168.
- Is BLUE FLAT still producing?
- BLUE FLAT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLUE FLAT is August 2026.
- How much has BLUE FLAT produced?
- BLUE FLAT has reported 291,286 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2004 and August 2026, from 1 wellbore.
- How much is BLUE FLAT worth?
- The remaining production from BLUE FLAT is estimated to be worth about $115K in total as of 27 August 2026, within a range of $90K to $141K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLUE FLAT is a fraction of it. The estimate fits an Arps decline curve to the production BLUE FLAT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLUE FLAT is an estimate of value, not an offer and not an appraisal.
- How much income does BLUE FLAT generate in a year?
- BLUE FLAT is forecast to net about $18K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLUE FLAT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pitcock, Inc. |
|---|---|
| Field | Palo Pinto Co. Reg. (Gas) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 200168 |
| Wellbores | 1 |
| Reported production | 291,286 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $115K |
Where BLUE FLAT 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.