BLACKSTEN
BLACKSTEN is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Kaiser-Francis Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 326,085 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 $1K, with roughly $167 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 12 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 595 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 BLACKSTEN
- Who operates BLACKSTEN?
- BLACKSTEN is operated by Kaiser-Francis Oil Company, Railroad Commission of Texas operator number 450175.
- Where is BLACKSTEN?
- BLACKSTEN is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 027822.
- Is BLACKSTEN still producing?
- BLACKSTEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACKSTEN is August 2026.
- How much has BLACKSTEN produced?
- BLACKSTEN has reported 326,085 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BLACKSTEN worth?
- The remaining production from BLACKSTEN is estimated to be worth about $1K in total as of 27 August 2026, within a range of $729 to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACKSTEN is a fraction of it. The estimate fits an Arps decline curve to the production BLACKSTEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACKSTEN is an estimate of value, not an offer and not an appraisal.
- How much income does BLACKSTEN generate in a year?
- BLACKSTEN is forecast to net about $167 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLACKSTEN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kaiser-Francis Oil Company |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 027822 |
| Wellbores | 1 |
| Reported production | 326,085 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1K |
Where BLACKSTEN 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.