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Royalty Clerk

Texas oil lease · RRC district 06 · Lease 15498

Producing

SILER UNIT

Siler Unit is an oil lease in Rusk County, Texas, operated by Buffco Production Inc. in the Good Springs (Pettit) field. The Railroad Commission shows 398 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

398bbl oil, last 12 months−60% vs prior year
Operator
Buffco Production Inc.
County
Rusk County
Field
Good Springs (Pettit)
RRC lease
06-15498

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Where it sits

This county

Rusk CountyRuskPanolaGreggUpshurShelbySmithHarrisonCherokeeRusk County
Rusk County · RRC district 06Open Rusk County →
Gas, last 12 months
314 mcf
Oil in Jul 2026
0 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 60% over the last 12 months

398 bbl in the 12 months through Jul 2026, against 1,004 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for SILER UNIT, Aug 2023 to Jul 2026. Oil output fell 60% over the last 12 months. 398 bbl in the 12 months through Jul 2026, against 1,004 bbl in the 12 months before.Last 12 months: 398 bblbbl per monthmcf per month005050100100150150200200250250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for SILER UNIT, Aug 2023 to Jul 2026. Oil output fell 60% over the last 12 months. 398 bbl in the 12 months through Jul 2026, against 1,004 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005050100100150150200200250250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 15498, 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 SILER UNIT 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 SILER UNIT 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 15498, 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 15498 in district 06. The API number is the state’s ID for a well.
Wells on SILER UNIT
API numberWell no.Status
42-401-323771Active

SourceTexas Railroad Commission Wellbore Query, district 06, lease 15498.

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 gathers it.

    100% of it, on the list since Nov 1, 2023

  • Gas from oil wells

    Et Gathering & Processing LLC buys it; Energy Transfer Company gathers it.

    Et Gathering & Processing LLC buys it: 100% of it, on the list since Nov 1, 2023 · Energy Transfer Company gathers it: 100% of it, on the list since Dec 16, 2015

Companies that used to be listed: Etc Texas P/L, LTD (buys it, until Nov 1, 2023); Lion Oil Trading & Trans, LLC (gathers it, until Nov 1, 2023); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Nov 1, 2023).

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

161.19 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
Dec 16, 2015
Latest permit
Apr 25, 2016

A pooling certificate was filed

Your tract may share its production with neighbours in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Wells and acres on the permits for Siler Unit
API numberWell no.Acreson the permit
42-401-323771161.19

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 SILER UNIT 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 SILER UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Buffco Production0027270$80.46$2.89
Jun 2026Buffco Production0027270$84.81$3.15
May 2026Buffco Production00000$102.13$2.94
Apr 2026Buffco Production00000$100.32$2.77
Mar 2026Buffco Production00000$91.38$3.04
Feb 2026Buffco Production001061060$64.51$3.62
Jan 2026Buffco Production23175000$60.04$7.72
Dec 2025Buffco Production6621541540$57.97$4.26
Nov 2025Buffco Production74172000$60.06$3.79
Oct 2025Buffco Production781000$60.89$3.19
Sep 2025Buffco Production761000$63.96$2.97
Aug 2025Buffco Production81172000$64.86$2.91
Jul 2025Buffco Production850000$68.39$3.20
Jun 2025Buffco Production78167000$68.17$3.02
May 2025Buffco Production831000$62.17$3.12
Apr 2025Buffco Production80163000$63.54$3.42
Mar 2025Buffco Production821000$68.24$4.12
Feb 2025Buffco Production84167000$71.53$4.19
Jan 2025Buffco Production8301181180$75.74$4.13
Dec 2024Buffco Production801521441440$70.12$3.01
Nov 2024Buffco Production85170700$69.95$2.12
Oct 2024Buffco Production8417359590$71.99$2.20
Sep 2024Buffco Production87166660$70.24$2.28
Aug 2024Buffco Production938070700$76.68$1.99
Jul 2024Buffco Production14216871710$81.80$2.07
Jun 2024Buffco Production3376760$79.77$2.54
May 2024Buffco Production7317514140$80.02$2.12
Apr 2024Buffco Production7917616160$85.35$1.60
Mar 2024Buffco Production94250500$81.28$1.49
Feb 2024Buffco Production24517044440$77.25$1.72
Jan 2024Buffco Production00000$74.15$3.18
Dec 2023Buffco Production2225250$71.90$2.52
Nov 2023Buffco Production33126220$77.69$2.71
Oct 2023Buffco Production00000$85.64$2.98
Sep 2023Buffco Production10000$89.43$2.64
Aug 2023Buffco Production20110100$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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This lease belongs to

OperatorBuffco Production Inc.FieldGood Springs (Pettit)CountyRusk County

Buffco Production Inc. in Rusk County

All Buffco Production Inc. leases →

Good Springs (Pettit) 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 15498, 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.