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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 63016

Producing

BUFFALO C

Buffalo C is an oil lease in Loving County, Texas, operated by Admiral Permian Operating LLC in the Phantom (Wolfcamp) field. The Railroad Commission shows 48,571 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

48,571bbl oil, last 12 months
Operator
Admiral Permian Operating LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-63016

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County · RRC district 08Open Loving County →
Gas, last 12 months
506,357 mcf
Oil in Jul 2026
3,388 bbl
Reporting to the state
since Jan 2025
Wells
1

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 43% since Jan 2025

Monthly average of 3,043 bbl in the latest 3 months, against 5,335 bbl in the first 3.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 43% since Jan 2025Monthly oil production and gas for BUFFALO C, Jan 2025 to Jul 2026. Oil output fell 43% since Jan 2025. Monthly average of 3,043 bbl in the latest 3 months, against 5,335 bbl in the first 3.Last 12 months: 48,571 bblbbl per monthmcf per month002,50020k5,00040k7,50060k10k80kJan 25AprJulOctJan 26AprJul
Oil output fell 43% since Jan 2025Monthly oil production and gas for BUFFALO C, Jan 2025 to Jul 2026. Oil output fell 43% since Jan 2025. Monthly average of 3,043 bbl in the latest 3 months, against 5,335 bbl in the first 3.Last 12 monthsbbl per monthmcf per month002,50020k5,00040k7,50060k10k80kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 63016, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

All of the gas went to a processing plant in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

All of the gas went to a processing plant in the last 12 monthsShare of BUFFALO C gas by disposition code each month, Jan 2025 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Jan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of BUFFALO C gas by disposition code each month, Jan 2025 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Share of gas by disposition code0%50%100%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 63016, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

None of the gas was flared in the last 12 months.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Admiral Permian Operating LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeAdmiral Permian Operating LLC, Jan 2025 to Jul 202620252026Admiral Permian Operating LLCJan 2025 to nowthrough Jul 2026
Operators of this lease over timeAdmiral Permian Operating LLC, Jan 2025 to Jul 202620252026Admiral Permian Operating LLCJan 2025 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 63016 in district 08. The API number is the state’s ID for a well.
Wells on BUFFALO C
API numberWell no.Status
42-301-369561WCActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 63016.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Plains Pipeline L.p. gathers it.

    100% of it, on the list since Sep 11, 2024

  • Gas from oil wells

    Vaquero Permian Processing LLC buys and gathers it.

    Vaquero Permian Processing LLC buys it: 100% of it, on the list since Sep 11, 2024 · Vaquero Permian Processing LLC gathers it: 100% of it, on the list since Sep 11, 2024

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

1,695.30 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Sep 11, 2024
Latest permit
Jun 28, 2024

An allocation well is on this lease

A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Wells and acres on the permits for Buffalo C
API numberWell no.Acreson the permit
42-301-369561WC1,695.30

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says BUFFALO C sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

19 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for BUFFALO C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Admiral Permian3,3883,11734,23834,2380$80.46$2.89
Jun 2026Admiral Permian2,6862,60132,32232,3220$84.81$3.15
May 2026Admiral Permian3,0543,00537,21137,2110$102.13$2.94
Apr 2026Admiral Permian4,4754,38539,64439,6440$100.32$2.77
Mar 2026Admiral Permian3,7383,70740,57940,5790$91.38$3.04
Feb 2026Admiral Permian3,4823,48441,67441,6740$64.51$3.62
Jan 2026Admiral Permian3,4333,38736,38236,3820$60.04$7.72
Dec 2025Admiral Permian3,8313,86541,25641,2560$57.97$4.26
Nov 2025Admiral Permian4,4764,38145,77645,7760$60.06$3.79
Oct 2025Admiral Permian4,8504,79351,42951,4290$60.89$3.19
Sep 2025Admiral Permian5,2645,24652,18052,1800$63.96$2.97
Aug 2025Admiral Permian5,8945,80053,66653,6660$64.86$2.91
Jul 2025Admiral Permian6,9836,70756,22256,2220$68.39$3.20
Jun 2025Admiral Permian2,2272,21517,82817,8280$68.17$3.02
May 2025Admiral Permian4,5214,38640,47240,4720$62.17$3.12
Apr 2025Admiral Permian5,7925,63362,29862,2980$63.54$3.42
Mar 2025Admiral Permian8,2428,04379,95379,9530$68.24$4.12
Feb 2025Admiral Permian6,3636,32048,65148,6510$71.53$4.19
Jan 2025Admiral Permian1,4001,36110,45110,4510$75.74$4.13

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorAdmiral Permian Operating LLCFieldPhantom (Wolfcamp)CountyLoving County

Admiral Permian Operating LLC in Loving County

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Phantom (Wolfcamp) field

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Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 63016, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.