BUCHORN UNIT
BUCHORN UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from October 1994 to August 2026, totalling 153,523 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 $271K, with roughly $52K 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 47 barrels a month. Its strongest month on the record we hold was October 2024, at 308 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 BUCHORN UNIT
- Who operates BUCHORN UNIT?
- BUCHORN UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is BUCHORN UNIT?
- BUCHORN UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22587.
- Is BUCHORN UNIT still producing?
- BUCHORN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUCHORN UNIT is August 2026.
- How much has BUCHORN UNIT produced?
- BUCHORN UNIT has reported 153,523 barrels of oil (bbl) to the Railroad Commission of Texas between October 1994 and August 2026, from 1 wellbore.
- How much is BUCHORN UNIT worth?
- The remaining production from BUCHORN UNIT is estimated to be worth about $271K in total as of 27 August 2026, within a range of $149K to $394K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUCHORN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BUCHORN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUCHORN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BUCHORN UNIT generate in a year?
- BUCHORN UNIT is forecast to net about $52K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUCHORN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 22587 |
| Wellbores | 1 |
| Reported production | 153,523 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $271K |
Where BUCHORN UNIT 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.