BLUE RIBBON UNIT
BLUE RIBBON UNIT is a Texas oil lease in Robertson County, Railroad Commission district 03, operated by Anadarko E&P Company LP. It has 1 wellbore on file with the Commission. Reported production runs from October 2002 to August 2026, totalling 217,584 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 $454K, with roughly $85K 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 110 barrels a month. Its strongest month on the record we hold was November 2019, at 1,011 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 BLUE RIBBON UNIT
- Who operates BLUE RIBBON UNIT?
- BLUE RIBBON UNIT is operated by Anadarko E&P Company LP, Railroad Commission of Texas operator number 020542.
- Where is BLUE RIBBON UNIT?
- BLUE RIBBON UNIT is a Texas oil lease in Robertson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24331.
- Is BLUE RIBBON UNIT still producing?
- BLUE RIBBON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLUE RIBBON UNIT is August 2026.
- How much has BLUE RIBBON UNIT produced?
- BLUE RIBBON UNIT has reported 217,584 barrels of oil (bbl) to the Railroad Commission of Texas between October 2002 and August 2026, from 1 wellbore.
- How much is BLUE RIBBON UNIT worth?
- The remaining production from BLUE RIBBON UNIT is estimated to be worth about $454K in total as of 26 August 2026, within a range of $354K to $554K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLUE RIBBON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BLUE RIBBON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLUE RIBBON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BLUE RIBBON UNIT generate in a year?
- BLUE RIBBON UNIT is forecast to net about $85K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLUE RIBBON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Company LP |
|---|---|
| Field | Giddings (Buda) |
| County | Robertson County, Texas |
| RRC district | 03 |
| Lease number | 24331 |
| Wellbores | 1 |
| Reported production | 217,584 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $454K |
Where BLUE RIBBON UNIT 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.