BOONE-COFFEE 20
BOONE-COFFEE 20 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Hunt Oil Company. It has 4 wellbores on file with the Commission. Reported production runs from June 2017 to August 2026, totalling 685,572 barrels. The lease is currently producing. 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 $3.4M, with roughly $633K 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 678 barrels a month, about 169 per wellbore. Its strongest month on the record we hold was October 2017, at 29,964 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 BOONE-COFFEE 20
- Who operates BOONE-COFFEE 20?
- BOONE-COFFEE 20 is operated by Hunt Oil Company, Railroad Commission of Texas operator number 416330.
- Where is BOONE-COFFEE 20?
- BOONE-COFFEE 20 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48934.
- Is BOONE-COFFEE 20 still producing?
- BOONE-COFFEE 20 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOONE-COFFEE 20 is August 2026.
- How much has BOONE-COFFEE 20 produced?
- BOONE-COFFEE 20 has reported 685,572 barrels of oil (bbl) to the Railroad Commission of Texas between June 2017 and August 2026, from 4 wellbores.
- How much is BOONE-COFFEE 20 worth?
- The remaining production from BOONE-COFFEE 20 is estimated to be worth about $3.4M in total as of 26 August 2026, within a range of $2.6M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOONE-COFFEE 20 is a fraction of it. The estimate fits an Arps decline curve to the production BOONE-COFFEE 20 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOONE-COFFEE 20 is an estimate of value, not an offer and not an appraisal.
- How much income does BOONE-COFFEE 20 generate in a year?
- BOONE-COFFEE 20 is forecast to net about $633K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOONE-COFFEE 20 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hunt Oil Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 48934 |
| Wellbores | 4 |
| Reported production | 685,572 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where BOONE-COFFEE 20 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.