BLANCO UNIT 224-223W
BLANCO UNIT 224-223W is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Primexx Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 473,784 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 $582K, with roughly $101K 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 106 barrels a month. Its strongest month on the record we hold was December 2018, at 30,061 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 BLANCO UNIT 224-223W
- Who operates BLANCO UNIT 224-223W?
- BLANCO UNIT 224-223W is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
- Where is BLANCO UNIT 224-223W?
- BLANCO UNIT 224-223W is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52276.
- Is BLANCO UNIT 224-223W still producing?
- BLANCO UNIT 224-223W is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLANCO UNIT 224-223W is August 2026.
- How much has BLANCO UNIT 224-223W produced?
- BLANCO UNIT 224-223W has reported 473,784 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 1 wellbore.
- How much is BLANCO UNIT 224-223W worth?
- The remaining production from BLANCO UNIT 224-223W is estimated to be worth about $582K in total as of 26 August 2026, within a range of $454K to $710K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLANCO UNIT 224-223W is a fraction of it. The estimate fits an Arps decline curve to the production BLANCO UNIT 224-223W has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLANCO UNIT 224-223W is an estimate of value, not an offer and not an appraisal.
- How much income does BLANCO UNIT 224-223W generate in a year?
- BLANCO UNIT 224-223W is forecast to net about $101K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLANCO UNIT 224-223W receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 52276 |
| Wellbores | 1 |
| Reported production | 473,784 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $582K |
Where BLANCO UNIT 224-223W 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.