BLACK FLAG STATE UNIT 253-254E
BLACK FLAG STATE UNIT 253-254E is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Primexx Operating Corporation. It has 5 wellbores on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 885,882 barrels. 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 $19K, with roughly $16K expected over the next twelve months.
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 50139 |
| Wellbores | 5 |
| Reported production | 885,882 bbl |
| First reported | July 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $19K |
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.