BUFORD
BUFORD is a Texas gas lease in Gregg County, Railroad Commission district 06, operated by Anadarko E&P Company LP. It has 1 wellbore on file with the Commission. Reported production runs from May 2007 to August 2026, totalling 964,594 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 $194K, with roughly $29K 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 1,216 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 4,939 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 BUFORD
- Who operates BUFORD?
- BUFORD is operated by Anadarko E&P Company LP, Railroad Commission of Texas operator number 020542.
- Where is BUFORD?
- BUFORD is a Texas gas lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 230434.
- Is BUFORD still producing?
- BUFORD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUFORD is August 2026.
- How much has BUFORD produced?
- BUFORD has reported 964,594 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2007 and August 2026, from 1 wellbore.
- How much is BUFORD worth?
- The remaining production from BUFORD is estimated to be worth about $194K in total as of 26 August 2026, within a range of $161K to $227K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUFORD is a fraction of it. The estimate fits an Arps decline curve to the production BUFORD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUFORD is an estimate of value, not an offer and not an appraisal.
- How much income does BUFORD generate in a year?
- BUFORD is forecast to net about $29K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUFORD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Company LP |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 230434 |
| Wellbores | 1 |
| Reported production | 964,594 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $194K |
Where BUFORD 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.