BLAZE M6
BLAZE M6 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2024 to August 2026, totalling 354,628 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 $7.3M, with roughly $4.5M 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 12,326 barrels a month. Its strongest month on the record we hold was October 2024, at 27,982 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BLAZE M6
- Who operates BLAZE M6?
- BLAZE M6 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is BLAZE M6?
- BLAZE M6 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22464.
- Is BLAZE M6 still producing?
- BLAZE M6 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLAZE M6 is August 2026.
- How much has BLAZE M6 produced?
- BLAZE M6 has reported 354,628 barrels of oil (bbl) to the Railroad Commission of Texas between January 2024 and August 2026, from 1 wellbore.
- How much is BLAZE M6 worth?
- The remaining production from BLAZE M6 is estimated to be worth about $7.3M in total as of 26 August 2026, within a range of $6.0M to $8.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLAZE M6 is a fraction of it. The estimate fits an Arps decline curve to the production BLAZE M6 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLAZE M6 is an estimate of value, not an offer and not an appraisal.
- How much income does BLAZE M6 generate in a year?
- BLAZE M6 is forecast to net about $4.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLAZE M6 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Pegasus (Consolidated) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 22464 |
| Wellbores | 1 |
| Reported production | 354,628 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.3M |
Where BLAZE M6 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.