BLACK
BLACK is a Texas gas lease in Leon County, Railroad Commission district 05, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2005 to August 2026, totalling 3,145,705 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 a standard royalty share at about $8, with roughly $8 expected over the next twelve months.
| Operator | Valence Operating Company |
|---|---|
| Field | Farrar (Cotton Valley Lime) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 208341 |
| Wellbores | 1 |
| Reported production | 3,145,705 mcf |
| First reported | January 2005 |
| Last reported | August 2026 |
| Estimated royalty value | $8 |
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.