BUCKLES
BUCKLES is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Explo Oil, Inc. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 58,770 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 $5K, with roughly $892 expected over the next twelve months.
| Operator | Explo Oil, Inc. |
|---|---|
| Field | Ward, South |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 31190 |
| Wellbores | 10 |
| Reported production | 58,770 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $5K |
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.