BUSCHA-ARMSTRONG UNIT
BUSCHA-ARMSTRONG UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 2 wellbores on file with the Commission. Reported production runs from February 1993 to August 2026, totalling 497,532 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 $802K, with roughly $135K 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 145 barrels a month, about 73 per wellbore. Its strongest month on the record we hold was July 2021, at 471 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 BUSCHA-ARMSTRONG UNIT
- Who operates BUSCHA-ARMSTRONG UNIT?
- BUSCHA-ARMSTRONG UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is BUSCHA-ARMSTRONG UNIT?
- BUSCHA-ARMSTRONG UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21964.
- Is BUSCHA-ARMSTRONG UNIT still producing?
- BUSCHA-ARMSTRONG UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUSCHA-ARMSTRONG UNIT is August 2026.
- How much has BUSCHA-ARMSTRONG UNIT produced?
- BUSCHA-ARMSTRONG UNIT has reported 497,532 barrels of oil (bbl) to the Railroad Commission of Texas between February 1993 and August 2026, from 2 wellbores.
- How much is BUSCHA-ARMSTRONG UNIT worth?
- The remaining production from BUSCHA-ARMSTRONG UNIT is estimated to be worth about $802K in total as of 27 August 2026, within a range of $626K to $979K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUSCHA-ARMSTRONG UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BUSCHA-ARMSTRONG UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUSCHA-ARMSTRONG UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BUSCHA-ARMSTRONG UNIT generate in a year?
- BUSCHA-ARMSTRONG UNIT is forecast to net about $135K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUSCHA-ARMSTRONG UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 21964 |
| Wellbores | 2 |
| Reported production | 497,532 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $802K |
Where BUSCHA-ARMSTRONG 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.