BONOBO 29
BONOBO 29 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Patriot Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2014 to August 2026, totalling 258,705 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 $3.0M, with roughly $657K 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 1,018 barrels a month. Its strongest month on the record we hold was November 2019, at 2,473 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 BONOBO 29
- Who operates BONOBO 29?
- BONOBO 29 is operated by Patriot Resources, Inc., Railroad Commission of Texas operator number 643401.
- Where is BONOBO 29?
- BONOBO 29 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45432.
- Is BONOBO 29 still producing?
- BONOBO 29 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BONOBO 29 is August 2026.
- How much has BONOBO 29 produced?
- BONOBO 29 has reported 258,705 barrels of oil (bbl) to the Railroad Commission of Texas between February 2014 and August 2026, from 1 wellbore.
- How much is BONOBO 29 worth?
- The remaining production from BONOBO 29 is estimated to be worth about $3.0M in total as of 27 August 2026, within a range of $2.5M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BONOBO 29 is a fraction of it. The estimate fits an Arps decline curve to the production BONOBO 29 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BONOBO 29 is an estimate of value, not an offer and not an appraisal.
- How much income does BONOBO 29 generate in a year?
- BONOBO 29 is forecast to net about $657K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BONOBO 29 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patriot Resources, Inc. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 45432 |
| Wellbores | 1 |
| Reported production | 258,705 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where BONOBO 29 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.