BUSTER
BUSTER is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Baker Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 23,173 barrels. The lease is intermittent. 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 $116K, with roughly $20K 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 11 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was December 2016, at 146 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BUSTER
- Who operates BUSTER?
- BUSTER is operated by Baker Operating, Inc., Railroad Commission of Texas operator number 046623.
- Where is BUSTER?
- BUSTER is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38601.
- Is BUSTER still producing?
- BUSTER is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BUSTER is August 2026.
- How much has BUSTER produced?
- BUSTER has reported 23,173 barrels of oil (bbl) to the Railroad Commission of Texas between February 2008 and August 2026, from 2 wellbores.
- How much is BUSTER worth?
- The remaining production from BUSTER is estimated to be worth about $116K in total as of 26 August 2026, within a range of $64K to $169K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUSTER is a fraction of it. The estimate fits an Arps decline curve to the production BUSTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUSTER is an estimate of value, not an offer and not an appraisal.
- How much income does BUSTER generate in a year?
- BUSTER is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUSTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Baker Operating, Inc. |
|---|---|
| Field | Goldsmith, W. (San Andres) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 38601 |
| Wellbores | 2 |
| Reported production | 23,173 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $116K |
Where BUSTER 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.