BONNER
BONNER is a Texas oil lease in Navarro County, Railroad Commission district 05, operated by O'Benco, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2013 to August 2026, totalling 48,374 barrels. The lease is intermittent. 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 $624K, with roughly $120K 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 236 barrels a month. Its strongest month on the record we hold was May 2016, at 589 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 BONNER
- Who operates BONNER?
- BONNER is operated by O'Benco, Inc., Railroad Commission of Texas operator number 617512.
- Where is BONNER?
- BONNER is a Texas oil lease in Navarro County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04118.
- Is BONNER still producing?
- BONNER is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BONNER is August 2026.
- How much has BONNER produced?
- BONNER has reported 48,374 barrels of oil (bbl) to the Railroad Commission of Texas between July 2013 and August 2026, from 1 wellbore.
- How much is BONNER worth?
- The remaining production from BONNER is estimated to be worth about $624K in total as of 27 August 2026, within a range of $487K to $762K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BONNER is a fraction of it. The estimate fits an Arps decline curve to the production BONNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BONNER is an estimate of value, not an offer and not an appraisal.
- How much income does BONNER generate in a year?
- BONNER is forecast to net about $120K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BONNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | O'Benco, Inc. |
|---|---|
| Field | Cheneyboro (Cotton Valley) |
| County | Navarro County, Texas |
| RRC district | 05 |
| Lease number | 04118 |
| Wellbores | 1 |
| Reported production | 48,374 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $624K |
Where BONNER 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.