PAGE-BLACK
PAGE-BLACK is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Libertad Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2022 to August 2026, totalling 1,386 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 $46K, with roughly $9K 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 18 barrels a month. Its strongest month on the record we hold was January 2023, at 233 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 PAGE-BLACK
- Who operates PAGE-BLACK?
- PAGE-BLACK is operated by Libertad Operating LLC, Railroad Commission of Texas operator number 500295.
- Where is PAGE-BLACK?
- PAGE-BLACK is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71318.
- Is PAGE-BLACK still producing?
- PAGE-BLACK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAGE-BLACK is August 2026.
- How much has PAGE-BLACK produced?
- PAGE-BLACK has reported 1,386 barrels of oil (bbl) to the Railroad Commission of Texas between August 2022 and August 2026, from 1 wellbore.
- How much is PAGE-BLACK worth?
- The remaining production from PAGE-BLACK is estimated to be worth about $46K in total as of 27 August 2026, within a range of $25K to $67K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAGE-BLACK is a fraction of it. The estimate fits an Arps decline curve to the production PAGE-BLACK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAGE-BLACK is an estimate of value, not an offer and not an appraisal.
- How much income does PAGE-BLACK generate in a year?
- PAGE-BLACK is forecast to net about $9K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PAGE-BLACK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Libertad Operating LLC |
|---|---|
| Field | Wasson |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 71318 |
| Wellbores | 1 |
| Reported production | 1,386 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $46K |
Where PAGE-BLACK 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.