BONER
BONER is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Brown, Tom Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 163,485 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 $827K, with roughly $159K 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 221 barrels a month, about 110 per wellbore. Its strongest month on the record we hold was June 2016, at 386 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 BONER
- Who operates BONER?
- BONER is operated by Brown, Tom Inc., Railroad Commission of Texas operator number 102550.
- Where is BONER?
- BONER is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 24079.
- Is BONER still producing?
- BONER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BONER is August 2026.
- How much has BONER produced?
- BONER has reported 163,485 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is BONER worth?
- The remaining production from BONER is estimated to be worth about $827K in total as of 26 August 2026, within a range of $645K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BONER is a fraction of it. The estimate fits an Arps decline curve to the production BONER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BONER is an estimate of value, not an offer and not an appraisal.
- How much income does BONER generate in a year?
- BONER is forecast to net about $159K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BONER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Brown, Tom Inc. |
|---|---|
| Field | Fuhrman (Glorieta) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 24079 |
| Wellbores | 2 |
| Reported production | 163,485 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $827K |
Where BONER 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.