BIVINS HEIRS
BIVINS HEIRS is a Texas oil lease in Gregg County, Railroad Commission district 06, operated by Buffco Production Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2020 to August 2026, totalling 6,160 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $7K, with roughly $1K expected over the next twelve months.
| Operator | Buffco Production Inc. |
|---|---|
| Field | Willow Springs (Pettit) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 15775 |
| Wellbores | 1 |
| Reported production | 6,160 bbl |
| First reported | July 2020 |
| Last reported | August 2026 |
| Estimated royalty value | $7K |
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.