BUSCHA-HEMPEL UNIT
BUSCHA-HEMPEL UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 3 wellbores on file with the Commission. Reported production runs from September 1996 to August 2026, totalling 154,631 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 $1.5M, with roughly $515K 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 442 barrels a month, about 147 per wellbore. Its strongest month on the record we hold was September 2020, at 3,943 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BUSCHA-HEMPEL UNIT
- Who operates BUSCHA-HEMPEL UNIT?
- BUSCHA-HEMPEL UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is BUSCHA-HEMPEL UNIT?
- BUSCHA-HEMPEL UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23299.
- Is BUSCHA-HEMPEL UNIT still producing?
- BUSCHA-HEMPEL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUSCHA-HEMPEL UNIT is August 2026.
- How much has BUSCHA-HEMPEL UNIT produced?
- BUSCHA-HEMPEL UNIT has reported 154,631 barrels of oil (bbl) to the Railroad Commission of Texas between September 1996 and August 2026, from 3 wellbores.
- How much is BUSCHA-HEMPEL UNIT worth?
- The remaining production from BUSCHA-HEMPEL UNIT is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUSCHA-HEMPEL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BUSCHA-HEMPEL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUSCHA-HEMPEL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BUSCHA-HEMPEL UNIT generate in a year?
- BUSCHA-HEMPEL UNIT is forecast to net about $515K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUSCHA-HEMPEL 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 | 23299 |
| Wellbores | 3 |
| Reported production | 154,631 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where BUSCHA-HEMPEL 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.