BUSHBUCK UNIT 12W31
BUSHBUCK UNIT 12W31 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by VTX Energy Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2023 to August 2026, totalling 196,523 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 $5.4M, with roughly $1.7M 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 3,047 barrels a month. Its strongest month on the record we hold was September 2023, at 16,688 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 BUSHBUCK UNIT 12W31
- Who operates BUSHBUCK UNIT 12W31?
- BUSHBUCK UNIT 12W31 is operated by VTX Energy Operating, LLC, Railroad Commission of Texas operator number 101377.
- Where is BUSHBUCK UNIT 12W31?
- BUSHBUCK UNIT 12W31 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60200.
- Is BUSHBUCK UNIT 12W31 still producing?
- BUSHBUCK UNIT 12W31 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUSHBUCK UNIT 12W31 is August 2026.
- How much has BUSHBUCK UNIT 12W31 produced?
- BUSHBUCK UNIT 12W31 has reported 196,523 barrels of oil (bbl) to the Railroad Commission of Texas between August 2023 and August 2026, from 1 wellbore.
- How much is BUSHBUCK UNIT 12W31 worth?
- The remaining production from BUSHBUCK UNIT 12W31 is estimated to be worth about $5.4M in total as of 27 August 2026, within a range of $4.5M to $6.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUSHBUCK UNIT 12W31 is a fraction of it. The estimate fits an Arps decline curve to the production BUSHBUCK UNIT 12W31 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUSHBUCK UNIT 12W31 is an estimate of value, not an offer and not an appraisal.
- How much income does BUSHBUCK UNIT 12W31 generate in a year?
- BUSHBUCK UNIT 12W31 is forecast to net about $1.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUSHBUCK UNIT 12W31 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | VTX Energy Operating, LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 60200 |
| Wellbores | 1 |
| Reported production | 196,523 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.4M |
Where BUSHBUCK UNIT 12W31 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.