BUTLER A-304
BUTLER A-304 is a Texas gas lease in De Witt County, Railroad Commission district 02, operated by Burlington Resources O & G Co LP. It has 1 wellbore on file with the Commission. Reported production runs from December 2022 to August 2026, totalling 1,516,371 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 $666K, with roughly $415K 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 9,648 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 136,342 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 BUTLER A-304
- Who operates BUTLER A-304?
- BUTLER A-304 is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is BUTLER A-304?
- BUTLER A-304 is a Texas gas lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 294325.
- Is BUTLER A-304 still producing?
- BUTLER A-304 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUTLER A-304 is August 2026.
- How much has BUTLER A-304 produced?
- BUTLER A-304 has reported 1,516,371 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2022 and August 2026, from 1 wellbore.
- How much is BUTLER A-304 worth?
- The remaining production from BUTLER A-304 is estimated to be worth about $666K in total as of 27 August 2026, within a range of $553K to $780K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUTLER A-304 is a fraction of it. The estimate fits an Arps decline curve to the production BUTLER A-304 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUTLER A-304 is an estimate of value, not an offer and not an appraisal.
- How much income does BUTLER A-304 generate in a year?
- BUTLER A-304 is forecast to net about $415K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUTLER A-304 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burlington Resources O & G Co LP |
|---|---|
| Field | De Witt (Eagle Ford Shale) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 294325 |
| Wellbores | 1 |
| Reported production | 1,516,371 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $666K |
Where BUTLER A-304 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.