Owner of oil and natural gas mineral interests in the United States.
Black Stone Minerals, L.P., headquartered in Houston, Texas, operates alongside its subsidiaries as a prominent owner and manager of mineral interests in the United States oil and natural gas sector. Established in 1876, the company holds extensive mineral rights across approximately 16.8 million gross acres, including nonparticipating royalty interests in 1.8 million gross acres and overriding royalty interests in 1.7 million gross acres spread across 41 states.
As of December 31, 2021, Black Stone Minerals, L.P. reported estimated proved reserves of 59,824 barrels of oil equivalent (BOE), underscoring its significant presence in the energy resources market. The company's strategic focus revolves around maximizing the value of its mineral portfolio through efficient management and prudent investment strategies, thereby delivering consistent returns to its stakeholders.
With a rich history dating back over a century, Black Stone Minerals, L.P. has evolved into a leading player in the mineral rights ownership sector. Leveraging its extensive experience and robust asset base, the company continues to explore opportunities for growth and expansion, while maintaining its commitment to sustainable resource development and responsible stewardship of natural assets across diverse geographical regions in the United States.