BUZZARD B
BUZZARD B is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 590,165 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 $70K, with roughly $11K 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 445 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 1,789 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 BUZZARD B
- Who operates BUZZARD B?
- BUZZARD B is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is BUZZARD B?
- BUZZARD B is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 027953.
- Is BUZZARD B still producing?
- BUZZARD B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUZZARD B is August 2026.
- How much has BUZZARD B produced?
- BUZZARD B has reported 590,165 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BUZZARD B worth?
- The remaining production from BUZZARD B is estimated to be worth about $70K in total as of 26 August 2026, within a range of $55K to $86K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUZZARD B is a fraction of it. The estimate fits an Arps decline curve to the production BUZZARD B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUZZARD B is an estimate of value, not an offer and not an appraisal.
- How much income does BUZZARD B generate in a year?
- BUZZARD B is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUZZARD B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 027953 |
| Wellbores | 1 |
| Reported production | 590,165 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $70K |
Where BUZZARD B 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.