BUFORD
BUFORD is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by Rose City Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2021 to August 2026, totalling 128,459 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 $665K, with roughly $328K 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 639 barrels a month. Its strongest month on the record we hold was November 2021, at 12,272 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 BUFORD
- Who operates BUFORD?
- BUFORD is operated by Rose City Resources, LLC, Railroad Commission of Texas operator number 727892.
- Where is BUFORD?
- BUFORD is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15883.
- 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 128,459 barrels of oil (bbl) to the Railroad Commission of Texas between October 2021 and August 2026, from 1 wellbore.
- How much is BUFORD worth?
- The remaining production from BUFORD is estimated to be worth about $665K in total as of 26 August 2026, within a range of $519K to $811K. 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 $328K 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 | Rose City Resources, LLC |
|---|---|
| Field | Whelan (Pettit) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 15883 |
| Wellbores | 1 |
| Reported production | 128,459 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $665K |
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.