PRIEST
PRIEST is a Texas gas lease in Cherokee County, Railroad Commission district 06, operated by Buffco Production Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 515,369 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 $350K, with roughly $104K 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 3,321 thousand cubic feet a month. Its strongest month on the record we hold was June 2017, at 12,168 thousand cubic feet. 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 PRIEST
- Who operates PRIEST?
- PRIEST is operated by Buffco Production Inc., Railroad Commission of Texas operator number 106406.
- Where is PRIEST?
- PRIEST is a Texas gas lease in Cherokee County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 282626.
- Is PRIEST still producing?
- PRIEST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRIEST is August 2026.
- How much has PRIEST produced?
- PRIEST has reported 515,369 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2017 and August 2026, from 1 wellbore.
- How much is PRIEST worth?
- The remaining production from PRIEST is estimated to be worth about $350K in total as of 27 August 2026, within a range of $290K to $409K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRIEST is a fraction of it. The estimate fits an Arps decline curve to the production PRIEST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRIEST is an estimate of value, not an offer and not an appraisal.
- How much income does PRIEST generate in a year?
- PRIEST is forecast to net about $104K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRIEST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Buffco Production Inc. |
|---|---|
| Field | Rusk, Se. (Pettit) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 282626 |
| Wellbores | 1 |
| Reported production | 515,369 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $350K |
Where PRIEST 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.