BUTTRAM "A"

BUTTRAM "A" is a Texas oil lease in Young County, Railroad Commission district 09, operated by Farmer, Lewis & Hayden. It has 1 wellbore on file with the Commission. Reported production runs from May 1997 to August 2026, totalling 25,569 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 $129K, with roughly $25K 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 30 barrels a month. Its strongest month on the record we hold was August 2020, at 116 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BUTTRAM "A"

Who operates BUTTRAM "A"?
BUTTRAM "A" is operated by Farmer, Lewis & Hayden, Railroad Commission of Texas operator number 262522.
Where is BUTTRAM "A"?
BUTTRAM "A" is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29332.
Is BUTTRAM "A" still producing?
BUTTRAM "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUTTRAM "A" is August 2026.
How much has BUTTRAM "A" produced?
BUTTRAM "A" has reported 25,569 barrels of oil (bbl) to the Railroad Commission of Texas between May 1997 and August 2026, from 1 wellbore.
How much is BUTTRAM "A" worth?
The remaining production from BUTTRAM "A" is estimated to be worth about $129K in total as of 26 August 2026, within a range of $71K to $187K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUTTRAM "A" is a fraction of it. The estimate fits an Arps decline curve to the production BUTTRAM "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUTTRAM "A" is an estimate of value, not an offer and not an appraisal.
How much income does BUTTRAM "A" generate in a year?
BUTTRAM "A" is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BUTTRAM "A" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BUTTRAM "A" as filed with the Railroad Commission of Texas
OperatorFarmer, Lewis & Hayden
FieldYoung County Regular
CountyYoung County, Texas
RRC district09
Lease number29332
Wellbores1
Reported production25,569 bbl
First reported
Last reported
Estimated royalty value$129K

Where BUTTRAM "A" 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.