BLACK BEAR STATE 11NW
BLACK BEAR STATE 11NW is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from August 2016 to August 2026, totalling 618,166 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 $632K, with roughly $427K 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 1,215 barrels a month. Its strongest month on the record we hold was February 2017, at 16,050 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 BLACK BEAR STATE 11NW
- Who operates BLACK BEAR STATE 11NW?
- BLACK BEAR STATE 11NW is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is BLACK BEAR STATE 11NW?
- BLACK BEAR STATE 11NW is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48350.
- Is BLACK BEAR STATE 11NW still producing?
- BLACK BEAR STATE 11NW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK BEAR STATE 11NW is August 2026.
- How much has BLACK BEAR STATE 11NW produced?
- BLACK BEAR STATE 11NW has reported 618,166 barrels of oil (bbl) to the Railroad Commission of Texas between August 2016 and August 2026, from 1 wellbore.
- How much is BLACK BEAR STATE 11NW worth?
- The remaining production from BLACK BEAR STATE 11NW is estimated to be worth about $632K in total as of 27 August 2026, within a range of $525K to $740K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK BEAR STATE 11NW is a fraction of it. The estimate fits an Arps decline curve to the production BLACK BEAR STATE 11NW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACK BEAR STATE 11NW is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK BEAR STATE 11NW generate in a year?
- BLACK BEAR STATE 11NW is forecast to net about $427K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLACK BEAR STATE 11NW receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 48350 |
| Wellbores | 1 |
| Reported production | 618,166 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $632K |
Where BLACK BEAR STATE 11NW 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.