GREEN
GREEN is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Blackwell BMC, LLC. It has 2 wellbores on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 48,872 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 $974K, with roughly $157K 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 164 barrels a month, about 82 per wellbore. Its strongest month on the record we hold was August 2016, at 511 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 GREEN
- Who operates GREEN?
- GREEN is operated by Blackwell BMC, LLC, Railroad Commission of Texas operator number 073337.
- Where is GREEN?
- GREEN is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31684.
- Is GREEN still producing?
- GREEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREEN is August 2026.
- How much has GREEN produced?
- GREEN has reported 48,872 barrels of oil (bbl) to the Railroad Commission of Texas between March 2010 and August 2026, from 2 wellbores.
- How much is GREEN worth?
- The remaining production from GREEN is estimated to be worth about $974K in total as of 26 August 2026, within a range of $760K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREEN is a fraction of it. The estimate fits an Arps decline curve to the production GREEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREEN is an estimate of value, not an offer and not an appraisal.
- How much income does GREEN generate in a year?
- GREEN is forecast to net about $157K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREEN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackwell BMC, LLC |
|---|---|
| Field | Big Mineral Creek (Woodford) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 31684 |
| Wellbores | 2 |
| Reported production | 48,872 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $974K |
Where GREEN 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.