CHOPPER 254 B

CHOPPER 254 B is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Black Swan Operating, Llc. It has 2 wellbores on file with the Commission. Reported production runs from August 2022 to August 2026, totalling 519,941 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 $314K, with roughly $78K expected over the next twelve months.

OperatorBlack Swan Operating, Llc
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number57729
Wellbores2
Reported production519,941 bbl
First reportedAugust 2022
Last reportedAugust 2026
Estimated royalty value$314K

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.