BLACK STONE MINERALS
BLACK STONE MINERALS is a Texas oil lease in Tyler County, Railroad Commission district 03, operated by Nadsoilco LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2014 to August 2026, totalling 20,560 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 $15K, with roughly $3K 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 30 barrels a month. Its strongest month on the record we hold was June 2024, at 431 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 MINERALS
- Who operates BLACK STONE MINERALS?
- BLACK STONE MINERALS is operated by Nadsoilco LLC, Railroad Commission of Texas operator number 598945.
- Where is BLACK STONE MINERALS?
- BLACK STONE MINERALS is a Texas oil lease in Tyler County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26924.
- 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 20,560 barrels of oil (bbl) to the Railroad Commission of Texas between June 2014 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 $15K in total as of 26 August 2026, within a range of $8K to $22K. 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 $3K across the whole undivided lease over the twelve months following 26 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 | Nadsoilco LLC |
|---|---|
| Field | Fisher (Wilcox Fifth) |
| County | Tyler County, Texas |
| RRC district | 03 |
| Lease number | 26924 |
| Wellbores | 1 |
| Reported production | 20,560 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $15K |
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.