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Royalty Clerk

Texas oil lease · RRC district 06 · Lease 13480

Producing

FAY HEIRS

Fay Heirs is an oil lease in Gregg County, Texas, operated by Buffco Production Inc. in the Willow Springs, Se (Travis Peak) field. The Railroad Commission shows 798 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

798bbl oil, last 12 months−11% vs prior year
Operator
Buffco Production Inc.
County
Gregg County
Field
Willow Springs, Se (Travis Peak)
RRC lease
06-13480

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Where it sits

This county

Gregg CountyGreggPanolaUpshurCassWoodMorrisHopkinsSmithRuskHarrisonMarionCampGregg County
Gregg County · RRC district 06Open Gregg County →
Gas, last 12 months
1,841 mcf
Oil in Jul 2026
75 bbl
Reporting to the state
since Jan 2020
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 11% over the last 12 months

798 bbl in the 12 months through Jul 2026, against 900 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for FAY HEIRS, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 798 bbl in the 12 months through Jul 2026, against 900 bbl in the 12 months before.Last 12 months: 798 bblbbl per monthmcf per month0050200100400150600200800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for FAY HEIRS, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 798 bbl in the 12 months through Jul 2026, against 900 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050200100400150600200800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 13480, district 06. 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 transmission line 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 transmission line in the last 12 monthsShare of FAY HEIRS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of FAY HEIRS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months. Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 13480, district 06. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

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.

Buffco Production Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeBuffco Production Inc., Jan 2020 to Jul 20262020202120222023202420252026Buffco Production Inc.Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeBuffco Production Inc., Jan 2020 to Jul 20262020202120222023202420252026Buffco Production Inc.Jan 2020 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 13480 in district 06. The API number is the state’s ID for a well.
Wells on FAY HEIRS
API numberWell no.Status
42-183-31195101Active

SourceTexas Railroad Commission Wellbore Query, district 06, lease 13480.

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

    Dk Trading & Supply, LLC and Eastex Crude Company, LLC gather it.

    Dk Trading & Supply, LLC gathers it: 50% of it, on the list since Jun 1, 2025 · Eastex Crude Company, LLC gathers it: 50% of it, on the list since Sep 1, 2026

  • Gas from oil wells

    Midcoast G & P (East Texas) L.p. buys it; Midcoast Pipelines (E Tx) L.p. gathers it.

    Midcoast G & P (East Texas) L.p. buys it: 100% of it, on the list since Jun 1, 2025 · Midcoast Pipelines (E Tx) L.p. gathers it: 100% of it, on the list since Feb 1, 2019

Companies that used to be listed: Plains Marketing, L.p. (gathers it, until Sep 1, 2026); Enbridge Pipelines (E. Tx) L.p. (buys it, until Jun 1, 2025); Lion Oil Trading & Trans, LLC (gathers it, until Jun 1, 2025); Plains Marketing, L.p. (gathers it, until Jun 1, 2025); Plains Marketing, L.p. (gathers it, until Aug 1, 2019); Enbridge Pipelines (E. Tx) L.p. (gathers it, until Feb 1, 2019).

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

160 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
0
First completion
Jan 2, 1996
Latest permit
Oct 25, 1995
Wells and acres on the permits for Fay Heirs
API numberWell no.Acreson the permit
42-183-31195101160

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 FAY HEIRS 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

36 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 FAY HEIRS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Buffco Production7517825250$80.46$2.89
Jun 2026Buffco Production9202142140$84.81$3.15
May 2026Buffco Production3501451450$102.13$2.94
Apr 2026Buffco Production0041410$100.32$2.77
Mar 2026Buffco Production10001711710$91.38$3.04
Feb 2026Buffco Production35084840$64.51$3.62
Jan 2026Buffco Production3160880$60.04$7.72
Dec 2025Buffco Production7502512510$57.97$4.26
Nov 2025Buffco Production951771501500$60.06$3.79
Oct 2025Buffco Production841323173170$60.89$3.19
Sep 2025Buffco Production11503173170$63.96$2.97
Aug 2025Buffco Production891811181180$64.86$2.91
Jul 2025Buffco Production11701761760$68.39$3.20
Jun 2025Buffco Production0080800$68.17$3.02
May 2025Buffco Production781632022020$62.17$3.12
Apr 2025Buffco Production9002572570$63.54$3.42
Mar 2025Buffco Production801521911910$68.24$4.12
Feb 2025Buffco Production95087870$71.53$4.19
Jan 2025Buffco Production951531281280$75.74$4.13
Dec 2024Buffco Production1191771461460$70.12$3.01
Nov 2024Buffco Production10501501500$69.95$2.12
Oct 2024Buffco Production00000$71.99$2.20
Sep 2024Buffco Production531821231230$70.24$2.28
Aug 2024Buffco Production6801161160$76.68$1.99
Jul 2024Buffco Production1301862282280$81.80$2.07
Jun 2024Buffco Production3503663660$79.77$2.54
May 2024Buffco Production6304884880$80.02$2.12
Apr 2024Buffco Production621732532530$85.35$1.60
Mar 2024Buffco Production7702102100$81.28$1.49
Feb 2024Buffco Production1121721941940$77.25$1.72
Jan 2024Buffco Production12405295290$74.15$3.18
Dec 2023Buffco Production3002502500$71.90$2.52
Nov 2023Buffco Production1041752232230$77.69$2.71
Oct 2023Buffco Production971722432430$85.64$2.98
Sep 2023Buffco Production100050500$89.43$2.64
Aug 2023Buffco Production150000$81.39$2.58

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

OperatorBuffco Production Inc.FieldWillow Springs, Se (Travis Peak)CountyGregg County

Buffco Production Inc. in Gregg County

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Willow Springs, Se (Travis Peak) field

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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 13480, district 06, 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.

FAQ

Questions about FAY HEIRS

Who operates the FAY HEIRS lease?

The Railroad Commission lists Buffco Production Inc. (operator number 106406) as the operator of this lease in Gregg County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the FAY HEIRS lease produced?

The lease reported 798 bbl of oil and 1,841 mcf of gas in the last 12 months through Jul 2026. Monthly figures for 36 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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