CEDAR SPRINGS GAS UNIT 3
CEDAR SPRINGS GAS UNIT 3 is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Buffco Production Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2022 to August 2026, totalling 57,195 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 $47K, with roughly $18K 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 775 thousand cubic feet a month. Its strongest month on the record we hold was April 2023, at 3,897 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 CEDAR SPRINGS GAS UNIT 3
- Who operates CEDAR SPRINGS GAS UNIT 3?
- CEDAR SPRINGS GAS UNIT 3 is operated by Buffco Production Inc., Railroad Commission of Texas operator number 106406.
- Where is CEDAR SPRINGS GAS UNIT 3?
- CEDAR SPRINGS GAS UNIT 3 is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 294629.
- Is CEDAR SPRINGS GAS UNIT 3 still producing?
- CEDAR SPRINGS GAS UNIT 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CEDAR SPRINGS GAS UNIT 3 is August 2026.
- How much has CEDAR SPRINGS GAS UNIT 3 produced?
- CEDAR SPRINGS GAS UNIT 3 has reported 57,195 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2022 and August 2026, from 1 wellbore.
- How much is CEDAR SPRINGS GAS UNIT 3 worth?
- The remaining production from CEDAR SPRINGS GAS UNIT 3 is estimated to be worth about $47K in total as of 26 August 2026, within a range of $37K to $57K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CEDAR SPRINGS GAS UNIT 3 is a fraction of it. The estimate fits an Arps decline curve to the production CEDAR SPRINGS GAS UNIT 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CEDAR SPRINGS GAS UNIT 3 is an estimate of value, not an offer and not an appraisal.
- How much income does CEDAR SPRINGS GAS UNIT 3 generate in a year?
- CEDAR SPRINGS GAS UNIT 3 is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CEDAR SPRINGS GAS UNIT 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Buffco Production Inc. |
|---|---|
| Field | Cedar Springs (Cotton Valley SD) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 294629 |
| Wellbores | 1 |
| Reported production | 57,195 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $47K |
Where CEDAR SPRINGS GAS UNIT 3 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.