BUFFALO
BUFFALO is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 4 wellbores on file with the Commission. Reported production runs from January 2022 to August 2026, totalling 1,086,332 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 $12.5M, with roughly $3.7M 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 5,854 barrels a month, about 1,464 per wellbore. Its strongest month on the record we hold was July 2022, at 152,478 barrels. 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 BUFFALO
- Who operates BUFFALO?
- BUFFALO is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is BUFFALO?
- BUFFALO is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57374.
- Is BUFFALO still producing?
- BUFFALO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUFFALO is August 2026.
- How much has BUFFALO produced?
- BUFFALO has reported 1,086,332 barrels of oil (bbl) to the Railroad Commission of Texas between January 2022 and August 2026, from 4 wellbores.
- How much is BUFFALO worth?
- The remaining production from BUFFALO is estimated to be worth about $12.5M in total as of 27 August 2026, within a range of $10.4M to $14.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUFFALO is a fraction of it. The estimate fits an Arps decline curve to the production BUFFALO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUFFALO is an estimate of value, not an offer and not an appraisal.
- How much income does BUFFALO generate in a year?
- BUFFALO is forecast to net about $3.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUFFALO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crownquest Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 57374 |
| Wellbores | 4 |
| Reported production | 1,086,332 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.5M |
Where BUFFALO 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.