BOOTHE 236 ALLOC 04
BOOTHE 236 ALLOC 04 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Sable Permian Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 120,766 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 $1.7M, with roughly $608K 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 517 barrels a month. Its strongest month on the record we hold was March 2020, at 6,832 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 BOOTHE 236 ALLOC 04
- Who operates BOOTHE 236 ALLOC 04?
- BOOTHE 236 ALLOC 04 is operated by Sable Permian Resources, LLC, Railroad Commission of Texas operator number 742251.
- Where is BOOTHE 236 ALLOC 04?
- BOOTHE 236 ALLOC 04 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21168.
- Is BOOTHE 236 ALLOC 04 still producing?
- BOOTHE 236 ALLOC 04 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOOTHE 236 ALLOC 04 is August 2026.
- How much has BOOTHE 236 ALLOC 04 produced?
- BOOTHE 236 ALLOC 04 has reported 120,766 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is BOOTHE 236 ALLOC 04 worth?
- The remaining production from BOOTHE 236 ALLOC 04 is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.3M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOOTHE 236 ALLOC 04 is a fraction of it. The estimate fits an Arps decline curve to the production BOOTHE 236 ALLOC 04 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOOTHE 236 ALLOC 04 is an estimate of value, not an offer and not an appraisal.
- How much income does BOOTHE 236 ALLOC 04 generate in a year?
- BOOTHE 236 ALLOC 04 is forecast to net about $608K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOOTHE 236 ALLOC 04 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sable Permian Resources, LLC |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 21168 |
| Wellbores | 1 |
| Reported production | 120,766 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where BOOTHE 236 ALLOC 04 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.