BLACK BEAR STATE 11SW

BLACK BEAR STATE 11SW 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 2015 to August 2026, totalling 524,163 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 $2.1M, with roughly $588K 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 1,130 barrels a month. Its strongest month on the record we hold was October 2016, at 18,697 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 11SW

Who operates BLACK BEAR STATE 11SW?
BLACK BEAR STATE 11SW is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
Where is BLACK BEAR STATE 11SW?
BLACK BEAR STATE 11SW is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47067.
Is BLACK BEAR STATE 11SW still producing?
BLACK BEAR STATE 11SW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK BEAR STATE 11SW is August 2026.
How much has BLACK BEAR STATE 11SW produced?
BLACK BEAR STATE 11SW has reported 524,163 barrels of oil (bbl) to the Railroad Commission of Texas between August 2015 and August 2026, from 1 wellbore.
How much is BLACK BEAR STATE 11SW worth?
The remaining production from BLACK BEAR STATE 11SW is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.8M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK BEAR STATE 11SW is a fraction of it. The estimate fits an Arps decline curve to the production BLACK BEAR STATE 11SW 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 11SW is an estimate of value, not an offer and not an appraisal.
How much income does BLACK BEAR STATE 11SW generate in a year?
BLACK BEAR STATE 11SW is forecast to net about $588K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLACK BEAR STATE 11SW receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BLACK BEAR STATE 11SW as filed with the Railroad Commission of Texas
OperatorThompson, J. Cleo
FieldWolfbone (Trend Area)
CountyReeves County, Texas
RRC district08
Lease number47067
Wellbores1
Reported production524,163 bbl
First reported
Last reported
Estimated royalty value$2.1M

Where BLACK BEAR STATE 11SW 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.