BLACK BURRO
BLACK BURRO is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Seaboard Operating Co. It has 6 wellbores on file with the Commission. Reported production runs from May 2015 to August 2026, totalling 120,841 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 $2.4M, with roughly $524K 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 663 barrels a month, about 110 per wellbore. Its strongest month on the record we hold was May 2016, at 1,211 barrels. 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 BLACK BURRO
- Who operates BLACK BURRO?
- BLACK BURRO is operated by Seaboard Operating Co., Railroad Commission of Texas operator number 760960.
- Where is BLACK BURRO?
- BLACK BURRO is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46206.
- Is BLACK BURRO still producing?
- BLACK BURRO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK BURRO is August 2026.
- How much has BLACK BURRO produced?
- BLACK BURRO has reported 120,841 barrels of oil (bbl) to the Railroad Commission of Texas between May 2015 and August 2026, from 6 wellbores.
- How much is BLACK BURRO worth?
- The remaining production from BLACK BURRO is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $1.9M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK BURRO is a fraction of it. The estimate fits an Arps decline curve to the production BLACK BURRO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACK BURRO is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK BURRO generate in a year?
- BLACK BURRO is forecast to net about $524K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLACK BURRO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seaboard Operating Co. |
|---|---|
| Field | Quito (Delaware-Consolidated) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 46206 |
| Wellbores | 6 |
| Reported production | 120,841 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where BLACK BURRO 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.