BUCKSHOT
BUCKSHOT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Devon Energy Operating Co., L.P. It has 1 wellbore on file with the Commission. Reported production runs from May 2003 to August 2026, totalling 1,292,603 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 $236K, with roughly $38K 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 1,692 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 5,979 thousand cubic feet. 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 BUCKSHOT
- Who operates BUCKSHOT?
- BUCKSHOT is operated by Devon Energy Operating Co., L.P., Railroad Commission of Texas operator number 216730.
- Where is BUCKSHOT?
- BUCKSHOT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 196511.
- Is BUCKSHOT still producing?
- BUCKSHOT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUCKSHOT is August 2026.
- How much has BUCKSHOT produced?
- BUCKSHOT has reported 1,292,603 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2003 and August 2026, from 1 wellbore.
- How much is BUCKSHOT worth?
- The remaining production from BUCKSHOT is estimated to be worth about $236K in total as of 26 August 2026, within a range of $196K to $276K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUCKSHOT is a fraction of it. The estimate fits an Arps decline curve to the production BUCKSHOT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUCKSHOT is an estimate of value, not an offer and not an appraisal.
- How much income does BUCKSHOT generate in a year?
- BUCKSHOT is forecast to net about $38K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUCKSHOT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Operating Co., L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 196511 |
| Wellbores | 1 |
| Reported production | 1,292,603 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $236K |
Where BUCKSHOT 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.