BUSBY ESTATE GAS UNIT
BUSBY ESTATE GAS UNIT is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Anadarko E&P Company LP. It has 1 wellbore on file with the Commission. Reported production runs from February 2007 to August 2026, totalling 459,536 thousand cubic feet. 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 $38K, with roughly $5K 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 178 thousand cubic feet a month. Its strongest month on the record we hold was February 2019, at 1,119 thousand cubic feet. 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 BUSBY ESTATE GAS UNIT
- Who operates BUSBY ESTATE GAS UNIT?
- BUSBY ESTATE GAS UNIT is operated by Anadarko E&P Company LP, Railroad Commission of Texas operator number 020542.
- Where is BUSBY ESTATE GAS UNIT?
- BUSBY ESTATE GAS UNIT is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 229247.
- Is BUSBY ESTATE GAS UNIT still producing?
- BUSBY ESTATE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUSBY ESTATE GAS UNIT is August 2026.
- How much has BUSBY ESTATE GAS UNIT produced?
- BUSBY ESTATE GAS UNIT has reported 459,536 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2007 and August 2026, from 1 wellbore.
- How much is BUSBY ESTATE GAS UNIT worth?
- The remaining production from BUSBY ESTATE GAS UNIT is estimated to be worth about $38K in total as of 26 August 2026, within a range of $29K to $46K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUSBY ESTATE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BUSBY ESTATE GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUSBY ESTATE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BUSBY ESTATE GAS UNIT generate in a year?
- BUSBY ESTATE GAS UNIT is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUSBY ESTATE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Company LP |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 229247 |
| Wellbores | 1 |
| Reported production | 459,536 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $38K |
Where BUSBY ESTATE GAS UNIT 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.