BUCHANAN
BUCHANAN is a Texas oil lease in Zavala County, Railroad Commission district 01, operated by Texas American Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 189,813 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 $767K, with roughly $147K 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 248 barrels a month. Its strongest month on the record we hold was March 2024, at 1,513 barrels. 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 BUCHANAN
- Who operates BUCHANAN?
- BUCHANAN is operated by Texas American Resources Company, Railroad Commission of Texas operator number 844344.
- Where is BUCHANAN?
- BUCHANAN is a Texas oil lease in Zavala County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17742.
- Is BUCHANAN still producing?
- BUCHANAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUCHANAN is August 2026.
- How much has BUCHANAN produced?
- BUCHANAN has reported 189,813 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 1 wellbore.
- How much is BUCHANAN worth?
- The remaining production from BUCHANAN is estimated to be worth about $767K in total as of 27 August 2026, within a range of $598K to $936K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUCHANAN is a fraction of it. The estimate fits an Arps decline curve to the production BUCHANAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUCHANAN is an estimate of value, not an offer and not an appraisal.
- How much income does BUCHANAN generate in a year?
- BUCHANAN is forecast to net about $147K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUCHANAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texas American Resources Company |
|---|---|
| Field | Pearsall (Buda, S.) |
| County | Zavala County, Texas |
| RRC district | 01 |
| Lease number | 17742 |
| Wellbores | 1 |
| Reported production | 189,813 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $767K |
Where BUCHANAN 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.