BOND 21
BOND 21 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Lackey, William H. Oil And Gas. It has 2 wellbores on file with the Commission. Reported production runs from January 2002 to August 2026, totalling 52,321 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 $132K, with roughly $21K 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 11 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was May 2018, at 545 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 BOND 21
- Who operates BOND 21?
- BOND 21 is operated by Lackey, William H. Oil And Gas, Railroad Commission of Texas operator number 480868.
- Where is BOND 21?
- BOND 21 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36792.
- Is BOND 21 still producing?
- BOND 21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOND 21 is August 2026.
- How much has BOND 21 produced?
- BOND 21 has reported 52,321 barrels of oil (bbl) to the Railroad Commission of Texas between January 2002 and August 2026, from 2 wellbores.
- How much is BOND 21 worth?
- The remaining production from BOND 21 is estimated to be worth about $132K in total as of 26 August 2026, within a range of $72K to $191K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOND 21 is a fraction of it. The estimate fits an Arps decline curve to the production BOND 21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOND 21 is an estimate of value, not an offer and not an appraisal.
- How much income does BOND 21 generate in a year?
- BOND 21 is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOND 21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lackey, William H. Oil And Gas |
|---|---|
| Field | Signal Peak (Wolfcamp) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 36792 |
| Wellbores | 2 |
| Reported production | 52,321 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $132K |
Where BOND 21 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.