PRIMOS, RICHARD
PRIMOS, RICHARD is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by Buffco Production Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2021 to August 2026, totalling 14,840 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 $618K, with roughly $102K 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 105 barrels a month. Its strongest month on the record we hold was March 2021, at 871 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 PRIMOS, RICHARD
- Who operates PRIMOS, RICHARD?
- PRIMOS, RICHARD is operated by Buffco Production Inc., Railroad Commission of Texas operator number 106406.
- Where is PRIMOS, RICHARD?
- PRIMOS, RICHARD is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15792.
- Is PRIMOS, RICHARD still producing?
- PRIMOS, RICHARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRIMOS, RICHARD is August 2026.
- How much has PRIMOS, RICHARD produced?
- PRIMOS, RICHARD has reported 14,840 barrels of oil (bbl) to the Railroad Commission of Texas between January 2021 and August 2026, from 1 wellbore.
- How much is PRIMOS, RICHARD worth?
- The remaining production from PRIMOS, RICHARD is estimated to be worth about $618K in total as of 27 August 2026, within a range of $482K to $754K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRIMOS, RICHARD is a fraction of it. The estimate fits an Arps decline curve to the production PRIMOS, RICHARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRIMOS, RICHARD is an estimate of value, not an offer and not an appraisal.
- How much income does PRIMOS, RICHARD generate in a year?
- PRIMOS, RICHARD is forecast to net about $102K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRIMOS, RICHARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Buffco Production Inc. |
|---|---|
| Field | Bethany (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 15792 |
| Wellbores | 1 |
| Reported production | 14,840 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $618K |
Where PRIMOS, RICHARD 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.