BLACK 1176
BLACK 1176 is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by H. D. Investments. It has 1 wellbore on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 44,062 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 $12K, with roughly $2K 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 61 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 852 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 1176
- Who operates BLACK 1176?
- BLACK 1176 is operated by H. D. Investments, Railroad Commission of Texas operator number 340219.
- Where is BLACK 1176?
- BLACK 1176 is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 267888.
- Is BLACK 1176 still producing?
- BLACK 1176 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK 1176 is August 2026.
- How much has BLACK 1176 produced?
- BLACK 1176 has reported 44,062 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2012 and August 2026, from 1 wellbore.
- How much is BLACK 1176 worth?
- The remaining production from BLACK 1176 is estimated to be worth about $12K in total as of 26 August 2026, within a range of $7K to $18K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK 1176 is a fraction of it. The estimate fits an Arps decline curve to the production BLACK 1176 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACK 1176 is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK 1176 generate in a year?
- BLACK 1176 is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLACK 1176 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | H. D. Investments |
|---|---|
| Field | Stephens County Regular (Gas) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 267888 |
| Wellbores | 1 |
| Reported production | 44,062 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where BLACK 1176 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.