BUSBY
BUSBY is a Texas gas lease in Montague County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2009 to August 2026, totalling 408,156 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 $159K, with roughly $25K 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 996 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 1,953 thousand cubic feet. 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 BUSBY
- Who operates BUSBY?
- BUSBY is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is BUSBY?
- BUSBY is a Texas gas lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 273989.
- Is BUSBY still producing?
- BUSBY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUSBY is August 2026.
- How much has BUSBY produced?
- BUSBY has reported 408,156 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2009 and August 2026, from 1 wellbore.
- How much is BUSBY worth?
- The remaining production from BUSBY is estimated to be worth about $159K in total as of 27 August 2026, within a range of $124K to $194K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUSBY is a fraction of it. The estimate fits an Arps decline curve to the production BUSBY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUSBY is an estimate of value, not an offer and not an appraisal.
- How much income does BUSBY generate in a year?
- BUSBY is forecast to net about $25K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUSBY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 273989 |
| Wellbores | 1 |
| Reported production | 408,156 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $159K |
Where BUSBY 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.