BUTLER 05
BUTLER 05 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Texas American Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2013 to August 2026, totalling 67,599 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 $701K, with roughly $119K 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 123 barrels a month. Its strongest month on the record we hold was December 2017, at 547 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 BUTLER 05
- Who operates BUTLER 05?
- BUTLER 05 is operated by Texas American Resources Company, Railroad Commission of Texas operator number 844344.
- Where is BUTLER 05?
- BUTLER 05 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08962.
- Is BUTLER 05 still producing?
- BUTLER 05 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUTLER 05 is August 2026.
- How much has BUTLER 05 produced?
- BUTLER 05 has reported 67,599 barrels of oil (bbl) to the Railroad Commission of Texas between August 2013 and August 2026, from 1 wellbore.
- How much is BUTLER 05 worth?
- The remaining production from BUTLER 05 is estimated to be worth about $701K in total as of 27 August 2026, within a range of $546K to $855K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUTLER 05 is a fraction of it. The estimate fits an Arps decline curve to the production BUTLER 05 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUTLER 05 is an estimate of value, not an offer and not an appraisal.
- How much income does BUTLER 05 generate in a year?
- BUTLER 05 is forecast to net about $119K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUTLER 05 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texas American Resources Company |
|---|---|
| Field | Allen-Parker (Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08962 |
| Wellbores | 1 |
| Reported production | 67,599 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $701K |
Where BUTLER 05 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.