BLACK STONE 68
BLACK STONE 68 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 218,851 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 $2.4M, with roughly $466K 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 429 barrels a month, about 215 per wellbore. Its strongest month on the record we hold was April 2018, at 25,581 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 BLACK STONE 68
- Who operates BLACK STONE 68?
- BLACK STONE 68 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is BLACK STONE 68?
- BLACK STONE 68 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09572.
- Is BLACK STONE 68 still producing?
- BLACK STONE 68 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK STONE 68 is August 2026.
- How much has BLACK STONE 68 produced?
- BLACK STONE 68 has reported 218,851 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 2 wellbores.
- How much is BLACK STONE 68 worth?
- The remaining production from BLACK STONE 68 is estimated to be worth about $2.4M in total as of 27 August 2026, within a range of $1.9M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK STONE 68 is a fraction of it. The estimate fits an Arps decline curve to the production BLACK STONE 68 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACK STONE 68 is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK STONE 68 generate in a year?
- BLACK STONE 68 is forecast to net about $466K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLACK STONE 68 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Allen-Parker (Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 09572 |
| Wellbores | 2 |
| Reported production | 218,851 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where BLACK STONE 68 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.