Company: BSM
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001628280-25-007730
Chunk: 89

Company: Black Stone Minerals, L.P.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 15
Chunk 89
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 (per Bbl)Range (per Bbl)Period and Type of ContractLowHighOil Swap Contracts:    2024Fourth quarter190 $71.45 $67.00 $81.00 2025    First quarter555 71.22 70.02 73.15 Second quarter555 71.22 70.02 73.15 Third quarter555 71.22 70.02 73.15 Fourth quarter555 71.22 70.02 73.15 2026First quarter180 66.29 65.52 67.35 Second quarter180 66.29 65.52 67.35 Third quarter180 66.29 65.52 67.35 Fourth quarter180 66.29 65.52 67.35 

F-19

BLACK STONE MINERALS, L.P. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

The Partnership had the following open derivative contracts for natural gas as of December 31, 2024: Volume (BBtu)Weighted Average Price (per MMBtu)Range (per MMBtu)Period and Type of ContractLowHighNatural Gas Swap Contracts:    2025First quarter10,800 $3.36 $3.02 $3.65 Second quarter10,920 3.36 3.02 3.65 Third quarter11,040 3.45 3.34 3.65 Fourth quarter11,040 3.45 3.34 3.65 2026First quarter9,000 $3.55 $3.50 $3.68 Second quarter9,100 3.55 3.50 3.68 Third quarter9,200 3.55 3.50 3.68 Fourth quarter9,200 3.55 3.50 3.68 The Partnership entered into the following derivative contracts for natural gas subsequent to December 31, 2024:  Volume (BBtu)Weighted Average Price (per MMBtu)Range (per MMBtu)Period and Type of ContractLowHighNatural Gas Swap Contracts:    2026First quarter1,800 $4.05 $4.05 $4.05 Second quarter1,820