BUZZARD 76
BUZZARD 76 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2018 to August 2026, totalling 71,781 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 $636K, with roughly $107K 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 116 barrels a month. Its strongest month on the record we hold was December 2018, at 9,402 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 BUZZARD 76
- Who operates BUZZARD 76?
- BUZZARD 76 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is BUZZARD 76?
- BUZZARD 76 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09666.
- Is BUZZARD 76 still producing?
- BUZZARD 76 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUZZARD 76 is August 2026.
- How much has BUZZARD 76 produced?
- BUZZARD 76 has reported 71,781 barrels of oil (bbl) to the Railroad Commission of Texas between December 2018 and August 2026, from 1 wellbore.
- How much is BUZZARD 76 worth?
- The remaining production from BUZZARD 76 is estimated to be worth about $636K in total as of 26 August 2026, within a range of $496K to $776K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUZZARD 76 is a fraction of it. The estimate fits an Arps decline curve to the production BUZZARD 76 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUZZARD 76 is an estimate of value, not an offer and not an appraisal.
- How much income does BUZZARD 76 generate in a year?
- BUZZARD 76 is forecast to net about $107K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUZZARD 76 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Allen-Parker (Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 09666 |
| Wellbores | 1 |
| Reported production | 71,781 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $636K |
Where BUZZARD 76 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.