BONER DEEP
BONER DEEP is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Grama Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2021 to August 2026, totalling 6,483 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 $351K, with roughly $67K 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 61 barrels a month. Its strongest month on the record we hold was January 2022, at 426 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BONER DEEP
- Who operates BONER DEEP?
- BONER DEEP is operated by Grama Operating, LLC, Railroad Commission of Texas operator number 324437.
- Where is BONER DEEP?
- BONER DEEP is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56744.
- Is BONER DEEP still producing?
- BONER DEEP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BONER DEEP is August 2026.
- How much has BONER DEEP produced?
- BONER DEEP has reported 6,483 barrels of oil (bbl) to the Railroad Commission of Texas between October 2021 and August 2026, from 1 wellbore.
- How much is BONER DEEP worth?
- The remaining production from BONER DEEP is estimated to be worth about $351K in total as of 26 August 2026, within a range of $193K to $509K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BONER DEEP is a fraction of it. The estimate fits an Arps decline curve to the production BONER DEEP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BONER DEEP is an estimate of value, not an offer and not an appraisal.
- How much income does BONER DEEP generate in a year?
- BONER DEEP is forecast to net about $67K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BONER DEEP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grama Operating, LLC |
|---|---|
| Field | Fuhrman (Glorieta) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 56744 |
| Wellbores | 1 |
| Reported production | 6,483 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $351K |
Where BONER DEEP 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.