BOONE
BOONE is a Texas oil lease in Baylor County, Railroad Commission district 09, operated by Denoco Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 7,020 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 $7K, with roughly $1K 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 2 barrels a month. Its strongest month on the record we hold was November 2018, at 8 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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
- Who operates BOONE?
- BOONE is operated by Denoco Inc., Railroad Commission of Texas operator number 215930.
- Where is BOONE?
- BOONE is a Texas oil lease in Baylor County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28393.
- Is BOONE still producing?
- BOONE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BOONE is August 2026.
- How much has BOONE produced?
- BOONE has reported 7,020 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BOONE worth?
- The remaining production from BOONE is estimated to be worth about $7K in total as of 26 August 2026, within a range of $0 to $14K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOONE is a fraction of it. The estimate fits an Arps decline curve to the production BOONE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOONE is an estimate of value, not an offer and not an appraisal.
- How much income does BOONE generate in a year?
- BOONE is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOONE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Denoco Inc. |
|---|---|
| Field | Boone (Miss) |
| County | Baylor County, Texas |
| RRC district | 09 |
| Lease number | 28393 |
| Wellbores | 1 |
| Reported production | 7,020 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where BOONE 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.