BOONE 12
BOONE 12 is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Sabine Oil & Gas LLC. It has 2 wellbores on file with the Commission. Reported production runs from June 2014 to August 2026, totalling 217,023 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 $552K, with roughly $86K 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 76 barrels a month, about 38 per wellbore. Its strongest month on the record we hold was June 2016, at 962 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 BOONE 12
- Who operates BOONE 12?
- BOONE 12 is operated by Sabine Oil & Gas LLC, Railroad Commission of Texas operator number 742142.
- Where is BOONE 12?
- BOONE 12 is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09099.
- Is BOONE 12 still producing?
- BOONE 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOONE 12 is August 2026.
- How much has BOONE 12 produced?
- BOONE 12 has reported 217,023 barrels of oil (bbl) to the Railroad Commission of Texas between June 2014 and August 2026, from 2 wellbores.
- How much is BOONE 12 worth?
- The remaining production from BOONE 12 is estimated to be worth about $552K in total as of 26 August 2026, within a range of $304K to $801K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOONE 12 is a fraction of it. The estimate fits an Arps decline curve to the production BOONE 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOONE 12 is an estimate of value, not an offer and not an appraisal.
- How much income does BOONE 12 generate in a year?
- BOONE 12 is forecast to net about $86K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOONE 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sabine Oil & Gas LLC |
|---|---|
| Field | Lard Ranch (Granite Wash -C-) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 09099 |
| Wellbores | 2 |
| Reported production | 217,023 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $552K |
Where BOONE 12 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.