BSMC A-937
BSMC A-937 is a Texas gas lease in Tyler County, Railroad Commission district 03, operated by Cornerstone Petroleum Op, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2017 to August 2026, totalling 471,439 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 $154K, with roughly $74K 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 592 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 44,815 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BSMC A-937
- Who operates BSMC A-937?
- BSMC A-937 is operated by Cornerstone Petroleum Op, LLC, Railroad Commission of Texas operator number 179238.
- Where is BSMC A-937?
- BSMC A-937 is a Texas gas lease in Tyler County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 283525.
- Is BSMC A-937 still producing?
- BSMC A-937 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BSMC A-937 is August 2026.
- How much has BSMC A-937 produced?
- BSMC A-937 has reported 471,439 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2017 and August 2026, from 1 wellbore.
- How much is BSMC A-937 worth?
- The remaining production from BSMC A-937 is estimated to be worth about $154K in total as of 26 August 2026, within a range of $120K to $188K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BSMC A-937 is a fraction of it. The estimate fits an Arps decline curve to the production BSMC A-937 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BSMC A-937 is an estimate of value, not an offer and not an appraisal.
- How much income does BSMC A-937 generate in a year?
- BSMC A-937 is forecast to net about $74K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BSMC A-937 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cornerstone Petroleum Op, LLC |
|---|---|
| Field | Magnolia Springs (Austin Chalk) |
| County | Tyler County, Texas |
| RRC district | 03 |
| Lease number | 283525 |
| Wellbores | 1 |
| Reported production | 471,439 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $154K |
Where BSMC A-937 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.