BLACK STONE MINERALS
BLACK STONE MINERALS is a Texas gas lease in Polk County, Railroad Commission district 03, operated by Meridian Resource & Expl LLC,The. It has 1 wellbore on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 1,184,661 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 $330K, with roughly $74K 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 966 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 4,767 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 MINERALS
- Who operates BLACK STONE MINERALS?
- BLACK STONE MINERALS is operated by Meridian Resource & Expl LLC,The, Railroad Commission of Texas operator number 561113.
- Where is BLACK STONE MINERALS?
- BLACK STONE MINERALS is a Texas gas lease in Polk County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 251247.
- Is BLACK STONE MINERALS still producing?
- BLACK STONE MINERALS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK STONE MINERALS is August 2026.
- How much has BLACK STONE MINERALS produced?
- BLACK STONE MINERALS has reported 1,184,661 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2008 and August 2026, from 1 wellbore.
- How much is BLACK STONE MINERALS worth?
- The remaining production from BLACK STONE MINERALS is estimated to be worth about $330K in total as of 27 August 2026, within a range of $257K to $402K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK STONE MINERALS is a fraction of it. The estimate fits an Arps decline curve to the production BLACK STONE MINERALS 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 MINERALS is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK STONE MINERALS generate in a year?
- BLACK STONE MINERALS is forecast to net about $74K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLACK STONE MINERALS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meridian Resource & Expl LLC,The |
|---|---|
| Field | Double A Wells, N (Austin Chalk) |
| County | Polk County, Texas |
| RRC district | 03 |
| Lease number | 251247 |
| Wellbores | 1 |
| Reported production | 1,184,661 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $330K |
Where BLACK STONE MINERALS 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.