BUSHBUCK UNIT 12E24
BUSHBUCK UNIT 12E24 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Pri Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2022 to August 2026, totalling 313,055 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 $6.5M, with roughly $1.9M 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 3,181 barrels a month. Its strongest month on the record we hold was December 2022, at 29,136 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BUSHBUCK UNIT 12E24
- Who operates BUSHBUCK UNIT 12E24?
- BUSHBUCK UNIT 12E24 is operated by Pri Operating, LLC, Railroad Commission of Texas operator number 676550.
- Where is BUSHBUCK UNIT 12E24?
- BUSHBUCK UNIT 12E24 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58798.
- Is BUSHBUCK UNIT 12E24 still producing?
- BUSHBUCK UNIT 12E24 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUSHBUCK UNIT 12E24 is August 2026.
- How much has BUSHBUCK UNIT 12E24 produced?
- BUSHBUCK UNIT 12E24 has reported 313,055 barrels of oil (bbl) to the Railroad Commission of Texas between November 2022 and August 2026, from 1 wellbore.
- How much is BUSHBUCK UNIT 12E24 worth?
- The remaining production from BUSHBUCK UNIT 12E24 is estimated to be worth about $6.5M in total as of 26 August 2026, within a range of $5.4M to $7.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUSHBUCK UNIT 12E24 is a fraction of it. The estimate fits an Arps decline curve to the production BUSHBUCK UNIT 12E24 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUSHBUCK UNIT 12E24 is an estimate of value, not an offer and not an appraisal.
- How much income does BUSHBUCK UNIT 12E24 generate in a year?
- BUSHBUCK UNIT 12E24 is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUSHBUCK UNIT 12E24 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pri Operating, LLC |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 58798 |
| Wellbores | 1 |
| Reported production | 313,055 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.5M |
Where BUSHBUCK UNIT 12E24 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.