BLACK STONE GILLELAND UNIT
BLACK STONE GILLELAND UNIT is a Texas gas lease in Polk County, Railroad Commission district 03, operated by Pogo Producing Company LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2007 to August 2026, totalling 259,004 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 $189K, with roughly $35K 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 158 thousand cubic feet a month. Its strongest month on the record we hold was November 2018, at 1,133 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 BLACK STONE GILLELAND UNIT
- Who operates BLACK STONE GILLELAND UNIT?
- BLACK STONE GILLELAND UNIT is operated by Pogo Producing Company LLC, Railroad Commission of Texas operator number 668907.
- Where is BLACK STONE GILLELAND UNIT?
- BLACK STONE GILLELAND UNIT is a Texas gas lease in Polk County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 234684.
- Is BLACK STONE GILLELAND UNIT still producing?
- BLACK STONE GILLELAND UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK STONE GILLELAND UNIT is August 2026.
- How much has BLACK STONE GILLELAND UNIT produced?
- BLACK STONE GILLELAND UNIT has reported 259,004 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2007 and August 2026, from 1 wellbore.
- How much is BLACK STONE GILLELAND UNIT worth?
- The remaining production from BLACK STONE GILLELAND UNIT is estimated to be worth about $189K in total as of 27 August 2026, within a range of $147K to $230K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK STONE GILLELAND UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BLACK STONE GILLELAND UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACK STONE GILLELAND UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK STONE GILLELAND UNIT generate in a year?
- BLACK STONE GILLELAND UNIT is forecast to net about $35K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLACK STONE GILLELAND UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pogo Producing Company LLC |
|---|---|
| Field | Double A Wells, N (Austin Chalk) |
| County | Polk County, Texas |
| RRC district | 03 |
| Lease number | 234684 |
| Wellbores | 1 |
| Reported production | 259,004 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $189K |
Where BLACK STONE GILLELAND 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.