BOONE 11
BOONE 11 is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Sabine Oil & Gas LLC. It has 2 wellbores on file with the Commission. Reported production runs from February 2014 to August 2026, totalling 220,532 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 $1.2M, with roughly $193K 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 158 barrels a month, about 79 per wellbore. Its strongest month on the record we hold was May 2016, at 1,621 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 11
- Who operates BOONE 11?
- BOONE 11 is operated by Sabine Oil & Gas LLC, Railroad Commission of Texas operator number 742142.
- Where is BOONE 11?
- BOONE 11 is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09005.
- Is BOONE 11 still producing?
- BOONE 11 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOONE 11 is August 2026.
- How much has BOONE 11 produced?
- BOONE 11 has reported 220,532 barrels of oil (bbl) to the Railroad Commission of Texas between February 2014 and August 2026, from 2 wellbores.
- How much is BOONE 11 worth?
- The remaining production from BOONE 11 is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $956K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOONE 11 is a fraction of it. The estimate fits an Arps decline curve to the production BOONE 11 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOONE 11 is an estimate of value, not an offer and not an appraisal.
- How much income does BOONE 11 generate in a year?
- BOONE 11 is forecast to net about $193K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOONE 11 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sabine Oil & Gas LLC |
|---|---|
| Field | Lard Ranch (Granite Wash -C-) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 09005 |
| Wellbores | 2 |
| Reported production | 220,532 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where BOONE 11 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.