BLACK HAWK STATE
BLACK HAWK STATE is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 2,674,452 thousand cubic feet. 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 $150K, with roughly $91K 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 9,486 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 112,425 thousand cubic feet. 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 HAWK STATE
- Who operates BLACK HAWK STATE?
- BLACK HAWK STATE is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is BLACK HAWK STATE?
- BLACK HAWK STATE is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 286695.
- Is BLACK HAWK STATE still producing?
- BLACK HAWK STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK HAWK STATE is August 2026.
- How much has BLACK HAWK STATE produced?
- BLACK HAWK STATE has reported 2,674,452 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2017 and August 2026, from 1 wellbore.
- How much is BLACK HAWK STATE worth?
- The remaining production from BLACK HAWK STATE is estimated to be worth about $150K in total as of 26 August 2026, within a range of $124K to $175K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK HAWK STATE is a fraction of it. The estimate fits an Arps decline curve to the production BLACK HAWK STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACK HAWK STATE is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK HAWK STATE generate in a year?
- BLACK HAWK STATE is forecast to net about $91K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLACK HAWK STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Alpine High (Cons) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 286695 |
| Wellbores | 1 |
| Reported production | 2,674,452 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $150K |
Where BLACK HAWK STATE 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.