BLACKARD "A"

BLACKARD "A" is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Marshall & Winston, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 224,140 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 $428K, with roughly $82K 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 144 barrels a month, about 72 per wellbore. Its strongest month on the record we hold was January 2019, at 406 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BLACKARD "A"

Who operates BLACKARD "A"?
BLACKARD "A" is operated by Marshall & Winston, Inc., Railroad Commission of Texas operator number 527850.
Where is BLACKARD "A"?
BLACKARD "A" is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 65196.
Is BLACKARD "A" still producing?
BLACKARD "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACKARD "A" is August 2026.
How much has BLACKARD "A" produced?
BLACKARD "A" has reported 224,140 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
How much is BLACKARD "A" worth?
The remaining production from BLACKARD "A" is estimated to be worth about $428K in total as of 26 August 2026, within a range of $334K to $523K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACKARD "A" is a fraction of it. The estimate fits an Arps decline curve to the production BLACKARD "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACKARD "A" is an estimate of value, not an offer and not an appraisal.
How much income does BLACKARD "A" generate in a year?
BLACKARD "A" is forecast to net about $82K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLACKARD "A" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BLACKARD "A" as filed with the Railroad Commission of Texas
OperatorMarshall & Winston, Inc.
FieldClinta (Strawn)
CountyBorden County, Texas
RRC district8A
Lease number65196
Wellbores2
Reported production224,140 bbl
First reported
Last reported
Estimated royalty value$428K

Where BLACKARD "A" 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.