BLACK, JOHN
BLACK, JOHN is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Snyder Oil Corporation. It has 15 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 733,305 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 $4.0M, with roughly $909K 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 1,326 barrels a month, about 88 per wellbore. Its strongest month on the record we hold was March 2017, at 1,892 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, JOHN
- Who operates BLACK, JOHN?
- BLACK, JOHN is operated by Snyder Oil Corporation, Railroad Commission of Texas operator number 799886.
- Where is BLACK, JOHN?
- BLACK, JOHN is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 14438.
- Is BLACK, JOHN still producing?
- BLACK, JOHN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK, JOHN is August 2026.
- How much has BLACK, JOHN produced?
- BLACK, JOHN has reported 733,305 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 15 wellbores.
- How much is BLACK, JOHN worth?
- The remaining production from BLACK, JOHN is estimated to be worth about $4.0M in total as of 26 August 2026, within a range of $3.3M to $4.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK, JOHN is a fraction of it. The estimate fits an Arps decline curve to the production BLACK, JOHN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACK, JOHN is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK, JOHN generate in a year?
- BLACK, JOHN is forecast to net about $909K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLACK, JOHN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Snyder Oil Corporation |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 14438 |
| Wellbores | 15 |
| Reported production | 733,305 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.0M |
Where BLACK, JOHN 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.