BOHANNON38
BOHANNON38 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Henry Resources LLC. It has 13 wellbores on file with the Commission. Reported production runs from August 2008 to August 2026, totalling 1,388,245 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 $7.0M, with roughly $1.5M 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 1,825 barrels a month, about 140 per wellbore. Its strongest month on the record we hold was September 2016, at 28,175 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BOHANNON38
- Who operates BOHANNON38?
- BOHANNON38 is operated by Henry Resources LLC, Railroad Commission of Texas operator number 378535.
- Where is BOHANNON38?
- BOHANNON38 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38899.
- Is BOHANNON38 still producing?
- BOHANNON38 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOHANNON38 is August 2026.
- How much has BOHANNON38 produced?
- BOHANNON38 has reported 1,388,245 barrels of oil (bbl) to the Railroad Commission of Texas between August 2008 and August 2026, from 13 wellbores.
- How much is BOHANNON38 worth?
- The remaining production from BOHANNON38 is estimated to be worth about $7.0M in total as of 27 August 2026, within a range of $5.8M to $8.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOHANNON38 is a fraction of it. The estimate fits an Arps decline curve to the production BOHANNON38 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOHANNON38 is an estimate of value, not an offer and not an appraisal.
- How much income does BOHANNON38 generate in a year?
- BOHANNON38 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BOHANNON38 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Henry Resources LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 38899 |
| Wellbores | 13 |
| Reported production | 1,388,245 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.0M |
Where BOHANNON38 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.