BLACKSTONE NW UNIT B
BLACKSTONE NW UNIT B is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Cholla Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2012 to August 2026, totalling 5,385 barrels. The lease is intermittent. 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 $29K, with roughly $6K 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 8 barrels a month. Its strongest month on the record we hold was August 2017, at 71 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 BLACKSTONE NW UNIT B
- Who operates BLACKSTONE NW UNIT B?
- BLACKSTONE NW UNIT B is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is BLACKSTONE NW UNIT B?
- BLACKSTONE NW UNIT B is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31040.
- Is BLACKSTONE NW UNIT B still producing?
- BLACKSTONE NW UNIT B is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BLACKSTONE NW UNIT B is August 2026.
- How much has BLACKSTONE NW UNIT B produced?
- BLACKSTONE NW UNIT B has reported 5,385 barrels of oil (bbl) to the Railroad Commission of Texas between July 2012 and August 2026, from 1 wellbore.
- How much is BLACKSTONE NW UNIT B worth?
- The remaining production from BLACKSTONE NW UNIT B is estimated to be worth about $29K in total as of 26 August 2026, within a range of $0 to $59K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACKSTONE NW UNIT B is a fraction of it. The estimate fits an Arps decline curve to the production BLACKSTONE NW UNIT B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACKSTONE NW UNIT B is an estimate of value, not an offer and not an appraisal.
- How much income does BLACKSTONE NW UNIT B generate in a year?
- BLACKSTONE NW UNIT B is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLACKSTONE NW UNIT B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Sweetwater (Canyon Sand) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 31040 |
| Wellbores | 1 |
| Reported production | 5,385 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $29K |
Where BLACKSTONE NW UNIT B 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.