Company: BSM
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001628280-25-007730
Chunk: 135

Company: Black Stone Minerals, L.P.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 135
---
 separated from the Delaware Basin to the west by a carbonate platform called the Central Basin Platform. We refer to the various Permian-aged resource plays within the Midland Basin as the Permian-Midland. These plays include the various members of the Spraberry and Wolfcamp formations. Our interests in the Permian-Midland resource plays are almost exclusively mineral and royalty interests.

•Permian-Delaware. The Delaware Basin, which is a sub-basin within the Permian Basin, is located in West Texas and Southeastern New Mexico in the Southwestern U.S. BSM Land Region. It is separated from the Midland Basin to the east by a carbonate platform called the Central Basin Platform. We refer to the various Permian-aged resource plays within the Delaware Basin as the Permian-Delaware. These plays include the various members of the Bone Springs, Avalon, and Wolfcamp formations. Our interests in the Permian-Delaware resource plays are almost exclusively mineral and royalty interests.

•Eagle Ford. The Eagle Ford shale is located in South Texas within the Gulf Coast BSM Land Region and produces from various depths between 4,000 and 14,000 feet. 

8

 Acreage as of December 31, 2024 Mineral and Royalty InterestsWorking Interests1Resource PlayMineral InterestsNPRIsORRIsGross AcresNet %2Gross AcresNet %3Gross AcresNet %3Gross AcresNet AcresBakken/Three Forks397,729 17.0 %38,623 1.4 %12,168 1.3 %51,909 6,670 Haynesville/Bossier422,340 60.2 %28,358 4.0 %27,594 5.3 %157,204 33,321 Permian-Midland221,630 4.9 %128,395 2.3 %100,705 0.4 %160 4 Permian-Delaware134,279 9.3 %39,103 2.6 %5,163 3.1 %2,482 1,071 Eagle Ford67,421 14.4 %106,301 1.3 %48,220 2.2 %1,147 87 

1   This excludes acreage for which we have incomplete seller records