BLACKSTONE
BLACKSTONE is a Texas oil lease in Tyler County, Railroad Commission district 03, operated by Encore Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2002 to August 2026, totalling 29,505 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 $187K, with roughly $36K 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 36 barrels a month. Its strongest month on the record we hold was June 2016, at 84 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 BLACKSTONE
- Who operates BLACKSTONE?
- BLACKSTONE is operated by Encore Energy, Inc., Railroad Commission of Texas operator number 251902.
- Where is BLACKSTONE?
- BLACKSTONE is a Texas oil lease in Tyler County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24227.
- Is BLACKSTONE still producing?
- BLACKSTONE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACKSTONE is August 2026.
- How much has BLACKSTONE produced?
- BLACKSTONE has reported 29,505 barrels of oil (bbl) to the Railroad Commission of Texas between July 2002 and August 2026, from 1 wellbore.
- How much is BLACKSTONE worth?
- The remaining production from BLACKSTONE is estimated to be worth about $187K in total as of 26 August 2026, within a range of $103K to $271K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACKSTONE is a fraction of it. The estimate fits an Arps decline curve to the production BLACKSTONE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACKSTONE is an estimate of value, not an offer and not an appraisal.
- How much income does BLACKSTONE generate in a year?
- BLACKSTONE is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLACKSTONE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encore Energy, Inc. |
|---|---|
| Field | Hillister, E. (Cockfield Fifth) |
| County | Tyler County, Texas |
| RRC district | 03 |
| Lease number | 24227 |
| Wellbores | 1 |
| Reported production | 29,505 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $187K |
Where BLACKSTONE 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.