BLACK STONE 'N'
BLACK STONE 'N' is a Texas gas lease in Polk County, Railroad Commission district 03, operated by Unit Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 845,520 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 $10K, with roughly $1K 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 22 thousand cubic feet a month. Its strongest month on the record we hold was July 2018, at 22,043 thousand cubic feet. 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 BLACK STONE 'N'
- Who operates BLACK STONE 'N'?
- BLACK STONE 'N' is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is BLACK STONE 'N'?
- BLACK STONE 'N' is a Texas gas lease in Polk County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 280612.
- Is BLACK STONE 'N' still producing?
- BLACK STONE 'N' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK STONE 'N' is August 2026.
- How much has BLACK STONE 'N' produced?
- BLACK STONE 'N' has reported 845,520 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2014 and August 2026, from 1 wellbore.
- How much is BLACK STONE 'N' worth?
- The remaining production from BLACK STONE 'N' is estimated to be worth about $10K in total as of 26 August 2026, within a range of $5K to $14K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK STONE 'N' is a fraction of it. The estimate fits an Arps decline curve to the production BLACK STONE 'N' 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 'N' is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK STONE 'N' generate in a year?
- BLACK STONE 'N' is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLACK STONE 'N' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Jazz (Wilcox Deep) |
| County | Polk County, Texas |
| RRC district | 03 |
| Lease number | 280612 |
| Wellbores | 1 |
| Reported production | 845,520 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where BLACK STONE 'N' 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.