BLACK "A"

BLACK "A" is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Anadarko Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 1997 to August 2026, totalling 1,894,753 thousand cubic feet. 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 $113K, with roughly $18K 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 781 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 3,386 thousand cubic feet. 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 BLACK "A"

Who operates BLACK "A"?
BLACK "A" is operated by Anadarko Petroleum Corporation, Railroad Commission of Texas operator number 020572.
Where is BLACK "A"?
BLACK "A" is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 165802.
Is BLACK "A" still producing?
BLACK "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK "A" is August 2026.
How much has BLACK "A" produced?
BLACK "A" has reported 1,894,753 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1997 and August 2026, from 1 wellbore.
How much is BLACK "A" worth?
The remaining production from BLACK "A" is estimated to be worth about $113K in total as of 26 August 2026, within a range of $88K to $138K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK "A" is a fraction of it. The estimate fits an Arps decline curve to the production BLACK "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACK "A" is an estimate of value, not an offer and not an appraisal.
How much income does BLACK "A" generate in a year?
BLACK "A" is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLACK "A" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BLACK "A" as filed with the Railroad Commission of Texas
OperatorAnadarko Petroleum Corporation
FieldDew (Bossier)
CountyFreestone County, Texas
RRC district05
Lease number165802
Wellbores1
Reported production1,894,753 mcf
First reported
Last reported
Estimated royalty value$113K

Where BLACK "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.