UTL BUFFLEHEAD 2040A
UTL BUFFLEHEAD 2040A is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Continental Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2024 to August 2026, totalling 7,334,022 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 $48.5M, with roughly $15.3M 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 300,610 thousand cubic feet a month. Its strongest month on the record we hold was December 2024, at 808,047 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 UTL BUFFLEHEAD 2040A
- Who operates UTL BUFFLEHEAD 2040A?
- UTL BUFFLEHEAD 2040A is operated by Continental Resources, Inc., Railroad Commission of Texas operator number 173777.
- Where is UTL BUFFLEHEAD 2040A?
- UTL BUFFLEHEAD 2040A is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 301085.
- Is UTL BUFFLEHEAD 2040A still producing?
- UTL BUFFLEHEAD 2040A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UTL BUFFLEHEAD 2040A is August 2026.
- How much has UTL BUFFLEHEAD 2040A produced?
- UTL BUFFLEHEAD 2040A has reported 7,334,022 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2024 and August 2026, from 1 wellbore.
- How much is UTL BUFFLEHEAD 2040A worth?
- The remaining production from UTL BUFFLEHEAD 2040A is estimated to be worth about $48.5M in total as of 26 August 2026, within a range of $39.8M to $57.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UTL BUFFLEHEAD 2040A is a fraction of it. The estimate fits an Arps decline curve to the production UTL BUFFLEHEAD 2040A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UTL BUFFLEHEAD 2040A is an estimate of value, not an offer and not an appraisal.
- How much income does UTL BUFFLEHEAD 2040A generate in a year?
- UTL BUFFLEHEAD 2040A is forecast to net about $15.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UTL BUFFLEHEAD 2040A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Continental Resources, Inc. |
|---|---|
| Field | Ruppel (Woodford) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 301085 |
| Wellbores | 1 |
| Reported production | 7,334,022 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $48.5M |
Where UTL BUFFLEHEAD 2040A 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.