BLACK RANCH "A"
BLACK RANCH "A" is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Breck Operating Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 25,329 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 $52K, with roughly $10K 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 17 barrels a month. Its strongest month on the record we hold was January 2017, at 46 barrels. 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 RANCH "A"
- Who operates BLACK RANCH "A"?
- BLACK RANCH "A" is operated by Breck Operating Corp., Railroad Commission of Texas operator number 089974.
- Where is BLACK RANCH "A"?
- BLACK RANCH "A" is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 23678.
- Is BLACK RANCH "A" still producing?
- BLACK RANCH "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK RANCH "A" is August 2026.
- How much has BLACK RANCH "A" produced?
- BLACK RANCH "A" has reported 25,329 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BLACK RANCH "A" worth?
- The remaining production from BLACK RANCH "A" is estimated to be worth about $52K in total as of 26 August 2026, within a range of $28K to $75K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK RANCH "A" is a fraction of it. The estimate fits an Arps decline curve to the production BLACK RANCH "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACK RANCH "A" is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK RANCH "A" generate in a year?
- BLACK RANCH "A" is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLACK RANCH "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Breck Operating Corp. |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 23678 |
| Wellbores | 1 |
| Reported production | 25,329 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $52K |
Where BLACK RANCH "A" 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.