BLACK BART STATE 25-12-54
BLACK BART STATE 25-12-54 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Noble Energy Inc. It has 2 wellbores on file with the Commission. Reported production runs from June 2019 to August 2026, totalling 714,267 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 $11.4M, with roughly $2.8M 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 3,279 barrels a month, about 1,639 per wellbore. Its strongest month on the record we hold was July 2019, at 67,605 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BART STATE 25-12-54
- Who operates BLACK BART STATE 25-12-54?
- BLACK BART STATE 25-12-54 is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
- Where is BLACK BART STATE 25-12-54?
- BLACK BART STATE 25-12-54 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52407.
- Is BLACK BART STATE 25-12-54 still producing?
- BLACK BART STATE 25-12-54 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK BART STATE 25-12-54 is August 2026.
- How much has BLACK BART STATE 25-12-54 produced?
- BLACK BART STATE 25-12-54 has reported 714,267 barrels of oil (bbl) to the Railroad Commission of Texas between June 2019 and August 2026, from 2 wellbores.
- How much is BLACK BART STATE 25-12-54 worth?
- The remaining production from BLACK BART STATE 25-12-54 is estimated to be worth about $11.4M in total as of 27 August 2026, within a range of $9.4M to $13.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK BART STATE 25-12-54 is a fraction of it. The estimate fits an Arps decline curve to the production BLACK BART STATE 25-12-54 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACK BART STATE 25-12-54 is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK BART STATE 25-12-54 generate in a year?
- BLACK BART STATE 25-12-54 is forecast to net about $2.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLACK BART STATE 25-12-54 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Inc |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 52407 |
| Wellbores | 2 |
| Reported production | 714,267 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.4M |
Where BLACK BART STATE 25-12-54 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.