PHILLIPS-BONER
PHILLIPS-BONER is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Conoco Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 99,505 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 $794K, with roughly $151K 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 195 barrels a month, about 49 per wellbore. Its strongest month on the record we hold was July 2024, at 309 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 PHILLIPS-BONER
- Who operates PHILLIPS-BONER?
- PHILLIPS-BONER is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
- Where is PHILLIPS-BONER?
- PHILLIPS-BONER is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 01679.
- Is PHILLIPS-BONER still producing?
- PHILLIPS-BONER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHILLIPS-BONER is August 2026.
- How much has PHILLIPS-BONER produced?
- PHILLIPS-BONER has reported 99,505 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is PHILLIPS-BONER worth?
- The remaining production from PHILLIPS-BONER is estimated to be worth about $794K in total as of 26 August 2026, within a range of $620K to $969K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHILLIPS-BONER is a fraction of it. The estimate fits an Arps decline curve to the production PHILLIPS-BONER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHILLIPS-BONER is an estimate of value, not an offer and not an appraisal.
- How much income does PHILLIPS-BONER generate in a year?
- PHILLIPS-BONER is forecast to net about $151K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHILLIPS-BONER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conoco Inc. |
|---|---|
| Field | Fuhrman-Mascho |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 01679 |
| Wellbores | 4 |
| Reported production | 99,505 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $794K |
Where PHILLIPS-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.