BLACK STONE GAS UNIT
BLACK STONE GAS UNIT is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Crown Petroleum Corp. It has 1 wellbore on file with the Commission. Reported production runs from May 2003 to August 2026, totalling 400,207 barrels. 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 $266K, with roughly $51K 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 85 barrels a month. Its strongest month on the record we hold was July 2020, at 789 barrels. 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 GAS UNIT
- Who operates BLACK STONE GAS UNIT?
- BLACK STONE GAS UNIT is operated by Crown Petroleum Corp., Railroad Commission of Texas operator number 191541.
- Where is BLACK STONE GAS UNIT?
- BLACK STONE GAS UNIT is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24395.
- Is BLACK STONE GAS UNIT still producing?
- BLACK STONE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK STONE GAS UNIT is August 2026.
- How much has BLACK STONE GAS UNIT produced?
- BLACK STONE GAS UNIT has reported 400,207 barrels of oil (bbl) to the Railroad Commission of Texas between May 2003 and August 2026, from 1 wellbore.
- How much is BLACK STONE GAS UNIT worth?
- The remaining production from BLACK STONE GAS UNIT is estimated to be worth about $266K in total as of 27 August 2026, within a range of $147K to $386K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK STONE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BLACK STONE GAS 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 GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK STONE GAS UNIT generate in a year?
- BLACK STONE GAS UNIT is forecast to net about $51K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLACK STONE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crown Petroleum Corp. |
|---|---|
| Field | Sour Lake, E. (Price) |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 24395 |
| Wellbores | 1 |
| Reported production | 400,207 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $266K |
Where BLACK STONE GAS 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.