MELTON GAS UNIT
MELTON GAS UNIT is a Texas oil lease in Gregg County, Railroad Commission district 06, operated by Buffco Production Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2019 to August 2026, totalling 8,256 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 $156K, with roughly $30K 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 40 barrels a month. Its strongest month on the record we hold was July 2020, at 505 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 MELTON GAS UNIT
- Who operates MELTON GAS UNIT?
- MELTON GAS UNIT is operated by Buffco Production Inc., Railroad Commission of Texas operator number 106406.
- Where is MELTON GAS UNIT?
- MELTON GAS UNIT is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15730.
- Is MELTON GAS UNIT still producing?
- MELTON GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MELTON GAS UNIT is August 2026.
- How much has MELTON GAS UNIT produced?
- MELTON GAS UNIT has reported 8,256 barrels of oil (bbl) to the Railroad Commission of Texas between September 2019 and August 2026, from 1 wellbore.
- How much is MELTON GAS UNIT worth?
- The remaining production from MELTON GAS UNIT is estimated to be worth about $156K in total as of 27 August 2026, within a range of $86K to $226K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MELTON GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MELTON GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MELTON GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MELTON GAS UNIT generate in a year?
- MELTON GAS UNIT is forecast to net about $30K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MELTON GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Buffco Production Inc. |
|---|---|
| Field | Willow Springs (Travis Peak) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 15730 |
| Wellbores | 1 |
| Reported production | 8,256 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $156K |
Where MELTON GAS 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.