BLAIR
BLAIR is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Penwell Energy, Inc. It has 2 wellbores on file with the Commission. Reported production runs from February 1997 to August 2026, totalling 82,110 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 $215K, with roughly $41K 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 59 barrels a month, about 29 per wellbore. Its strongest month on the record we hold was May 2019, at 181 barrels. 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 BLAIR
- Who operates BLAIR?
- BLAIR is operated by Penwell Energy, Inc., Railroad Commission of Texas operator number 652943.
- Where is BLAIR?
- BLAIR is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67716.
- Is BLAIR still producing?
- BLAIR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLAIR is August 2026.
- How much has BLAIR produced?
- BLAIR has reported 82,110 barrels of oil (bbl) to the Railroad Commission of Texas between February 1997 and August 2026, from 2 wellbores.
- How much is BLAIR worth?
- The remaining production from BLAIR is estimated to be worth about $215K in total as of 27 August 2026, within a range of $118K to $312K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLAIR is a fraction of it. The estimate fits an Arps decline curve to the production BLAIR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLAIR is an estimate of value, not an offer and not an appraisal.
- How much income does BLAIR generate in a year?
- BLAIR is forecast to net about $41K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLAIR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Penwell Energy, Inc. |
|---|---|
| Field | Sable (Miss.) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 67716 |
| Wellbores | 2 |
| Reported production | 82,110 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $215K |
Where BLAIR 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.