PRIVATEER
PRIVATEER is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Blackbeard Operating, LLC. It has 3 wellbores on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 148,397 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 $958K, with roughly $379K 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 603 barrels a month, about 201 per wellbore. Its strongest month on the record we hold was January 2020, at 7,492 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 PRIVATEER
- Who operates PRIVATEER?
- PRIVATEER is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is PRIVATEER?
- PRIVATEER is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52884.
- Is PRIVATEER still producing?
- PRIVATEER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRIVATEER is August 2026.
- How much has PRIVATEER produced?
- PRIVATEER has reported 148,397 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 3 wellbores.
- How much is PRIVATEER worth?
- The remaining production from PRIVATEER is estimated to be worth about $958K in total as of 27 August 2026, within a range of $748K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRIVATEER is a fraction of it. The estimate fits an Arps decline curve to the production PRIVATEER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRIVATEER is an estimate of value, not an offer and not an appraisal.
- How much income does PRIVATEER generate in a year?
- PRIVATEER is forecast to net about $379K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRIVATEER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbeard Operating, LLC |
|---|---|
| Field | Monahans, North (Clearfork) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 52884 |
| Wellbores | 3 |
| Reported production | 148,397 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $958K |
Where PRIVATEER 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.