BLACK JACK SPRINGS UNIT
BLACK JACK SPRINGS UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Southern Bay Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from July 2011 to August 2026, totalling 86,795 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 $389K, with roughly $75K 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 94 barrels a month. Its strongest month on the record we hold was May 2016, at 287 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 JACK SPRINGS UNIT
- Who operates BLACK JACK SPRINGS UNIT?
- BLACK JACK SPRINGS UNIT is operated by Southern Bay Operating, L.L.C., Railroad Commission of Texas operator number 803494.
- Where is BLACK JACK SPRINGS UNIT?
- BLACK JACK SPRINGS UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26087.
- Is BLACK JACK SPRINGS UNIT still producing?
- BLACK JACK SPRINGS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK JACK SPRINGS UNIT is August 2026.
- How much has BLACK JACK SPRINGS UNIT produced?
- BLACK JACK SPRINGS UNIT has reported 86,795 barrels of oil (bbl) to the Railroad Commission of Texas between July 2011 and August 2026, from 1 wellbore.
- How much is BLACK JACK SPRINGS UNIT worth?
- The remaining production from BLACK JACK SPRINGS UNIT is estimated to be worth about $389K in total as of 27 August 2026, within a range of $214K to $564K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK JACK SPRINGS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BLACK JACK SPRINGS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACK JACK SPRINGS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK JACK SPRINGS UNIT generate in a year?
- BLACK JACK SPRINGS UNIT is forecast to net about $75K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLACK JACK SPRINGS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Southern Bay Operating, L.L.C. |
|---|---|
| Field | Southern Bay (Eagle Ford) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 26087 |
| Wellbores | 1 |
| Reported production | 86,795 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $389K |
Where BLACK JACK SPRINGS UNIT 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.