BOND "22"
BOND "22" is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Devon SFS Operating, Inc. It has 7 wellbores on file with the Commission. Reported production runs from March 2000 to August 2026, totalling 160,162 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 $195K, with roughly $35K 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 58 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was December 2021, at 355 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 "22"
- Who operates BOND "22"?
- BOND "22" is operated by Devon SFS Operating, Inc., Railroad Commission of Texas operator number 216738.
- Where is BOND "22"?
- BOND "22" is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36280.
- Is BOND "22" still producing?
- BOND "22" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOND "22" is August 2026.
- How much has BOND "22" produced?
- BOND "22" has reported 160,162 barrels of oil (bbl) to the Railroad Commission of Texas between March 2000 and August 2026, from 7 wellbores.
- How much is BOND "22" worth?
- The remaining production from BOND "22" is estimated to be worth about $195K in total as of 26 August 2026, within a range of $107K to $283K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOND "22" is a fraction of it. The estimate fits an Arps decline curve to the production BOND "22" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOND "22" is an estimate of value, not an offer and not an appraisal.
- How much income does BOND "22" generate in a year?
- BOND "22" is forecast to net about $35K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOND "22" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon SFS Operating, Inc. |
|---|---|
| Field | Signal Peak (Wolfcamp) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 36280 |
| Wellbores | 7 |
| Reported production | 160,162 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $195K |
Where BOND "22" 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.