Black Stone Minerals, L.P. Announces Unaudited Consolidated Operating Results for the Fourth Quarter and Full Year Ended December 31, 2020
February 23, 2021 at 06:13 am EST
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Black Stone Minerals, L.P. announced unaudited consolidated operating results for the fourth quarter and full year ended December 31, 2020. For the quarter, the company reported production of oil and condensate of 915 MBbls against 1,147 MBbls a year ago. Production of natural gas was 16,023 MMcf against 18,611 MMcf a year ago. Production of equivalents was 3,586 MBoe against 4,249 MBoe a year ago.
For the year, the company reported production of oil and condensate of 3,895 MBbls against 4,777 MBbls a year ago. Production of natural gas was 67,945 MMcf against 77,635 MMcf a year ago. Production of equivalents was 15,219 MBoe against 17,716 MBoe a year ago.
Black Stone Minerals, L.P. is an owner and manager of oil and natural gas mineral interests in the United States. The Company's principal business is maximizing the value of its existing mineral and royalty assets through active management and expanding its asset base through acquisitions of additional mineral and royalty interests. It owns mineral interests in approximately 16.8 million gross acres. It also owns nonparticipating royalty interests (NPRIs) in 1.8 million gross acres and overriding royalty interests (ORRIs) in 1.6 million gross acres. The Company owns mineral and royalty interests in 41 states in the continental United States, including all of the onshore producing basins. Many of these interests are in active resource plays, including the Haynesville/Bossier shales in East Texas/Western Louisiana, the Wolfcamp/Spraberry/Bone Springs in the Permian Basin, the Bakken/Three Forks in the Williston Basin, and the Eagle Ford shale in South Texas.
BLACK STONE MINERALS, L.P. 
