BLACKTIP STATE 42
BLACKTIP STATE 42 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 5 wellbores on file with the Commission. Reported production runs from October 2013 to August 2026, totalling 2,247,802 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 $29.7M, with roughly $7.2M 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 9,946 barrels a month, about 1,989 per wellbore. Its strongest month on the record we hold was May 2016, at 68,940 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BLACKTIP STATE 42
- Who operates BLACKTIP STATE 42?
- BLACKTIP STATE 42 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is BLACKTIP STATE 42?
- BLACKTIP STATE 42 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44861.
- Is BLACKTIP STATE 42 still producing?
- BLACKTIP STATE 42 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACKTIP STATE 42 is August 2026.
- How much has BLACKTIP STATE 42 produced?
- BLACKTIP STATE 42 has reported 2,247,802 barrels of oil (bbl) to the Railroad Commission of Texas between October 2013 and August 2026, from 5 wellbores.
- How much is BLACKTIP STATE 42 worth?
- The remaining production from BLACKTIP STATE 42 is estimated to be worth about $29.7M in total as of 26 August 2026, within a range of $24.7M to $34.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACKTIP STATE 42 is a fraction of it. The estimate fits an Arps decline curve to the production BLACKTIP STATE 42 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACKTIP STATE 42 is an estimate of value, not an offer and not an appraisal.
- How much income does BLACKTIP STATE 42 generate in a year?
- BLACKTIP STATE 42 is forecast to net about $7.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLACKTIP STATE 42 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 44861 |
| Wellbores | 5 |
| Reported production | 2,247,802 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $29.7M |
Where BLACKTIP STATE 42 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.