BLACKTOP 21601 1
BLACKTOP 21601 1 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Bta Oil Producers, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2022 to August 2026, totalling 1,678,250 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 $4.2M, with roughly $1.4M 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 25,079 thousand cubic feet a month. Its strongest month on the record we hold was August 2022, at 70,929 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BLACKTOP 21601 1
- Who operates BLACKTOP 21601 1?
- BLACKTOP 21601 1 is operated by Bta Oil Producers, LLC, Railroad Commission of Texas operator number 041867.
- Where is BLACKTOP 21601 1?
- BLACKTOP 21601 1 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 293514.
- Is BLACKTOP 21601 1 still producing?
- BLACKTOP 21601 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACKTOP 21601 1 is August 2026.
- How much has BLACKTOP 21601 1 produced?
- BLACKTOP 21601 1 has reported 1,678,250 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2022 and August 2026, from 1 wellbore.
- How much is BLACKTOP 21601 1 worth?
- The remaining production from BLACKTOP 21601 1 is estimated to be worth about $4.2M in total as of 27 August 2026, within a range of $3.5M to $5.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACKTOP 21601 1 is a fraction of it. The estimate fits an Arps decline curve to the production BLACKTOP 21601 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACKTOP 21601 1 is an estimate of value, not an offer and not an appraisal.
- How much income does BLACKTOP 21601 1 generate in a year?
- BLACKTOP 21601 1 is forecast to net about $1.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLACKTOP 21601 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bta Oil Producers, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 293514 |
| Wellbores | 1 |
| Reported production | 1,678,250 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.2M |
Where BLACKTOP 21601 1 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.