Varga Gas Unit

Oil & Gas Property in Gregg County, TX

  2. Texas
  3. Gregg County, TX
  4. Oil & Gas Properties in Gregg County, TX
  5. Varga Gas Unit Oil & Gas Property

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Property Summary

Key data points for Varga Gas Unit

CountyGregg County, TX
OperatorBUFFCO PRODUCTION, INC.
Production DatesJan 1993 - Nov 2024
Total Oil Production66,958 BBLs
Total Gas Production1,627,531 MCF
Recent Oil Production117 BBLs in Oct 2024
Recent Gas Production2,167 MCF in Oct 2024
Wells on Property4

Our Valuation Estimates for Varga Gas Unit

ShaleAssessment™

$5,200 *

MarketMultiple™

$10,977 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Varga Gas Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Varga Gas Unit
from Jan 1993 to Nov 2024

Wells on Varga Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-183-30499VARGA GAS UNIT 1BUFFCO PRODUCTION INC.ProducingGregg County, TX32.534632-94.748801
42-183-30554VARGA GAS UNIT 2CLEMCOPermitted LocationGregg County, TX32.521898-94.733862
42-183-30555VARGA GAS UNIT NO. 2 2ABUFFCO PRODUCTION INC.Shut In-Multi-ComplGregg County, TX32.515475-94.743258
42-183-30580VARGA GAS UNIT 1ABUFFCO PRODUCTION INC.ProducingGregg County, TX32.534838-94.748863

Leases included in Varga Gas Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-101219VARGA GAS UNIT 1BUFFCO PRODUCTION INC.Gregg County, TX
06-107668VARGA GAS UNIT 1ABUFFCO PRODUCTION INC.Gregg County, TX
06-109325VARGA GAS UNIT NO. 2 2ABUFFCO PRODUCTION INC.Gregg County, TX
06-11538VARGA GAS UNIT NO. 2BUFFCO PRODUCTION INC.Gregg County, TX

Nearby Properties

These are the closest 20 properties to the Varga Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Allen, Mary BGregg County, TX0 BBLs0 MCFDec 2021
BodenheimGregg County, TX0 BBLs1,829 MCFNov 2024
DensonGregg County, TX0 BBLs1,635 MCFNov 2024
Driggers D.CGregg County, TX122 BBLs7,158 MCFNov 2024
HairgroveGregg County, TX0 BBLs1,848 MCFNov 2024
HarrisonGregg County, TX385 BBLs13,104 MCFNov 2024
HayesGregg County, TX3 BBLs10,239 MCFNov 2024
Hayes ClaudeGregg County, TX15 BBLs2,657 MCFNov 2024
Hays, MartinGregg County, TX0 BBLs40 MCFNov 2024
KellyGregg County, TX2 BBLs1,307 MCFNov 2024
Longview NorthGregg County, TX13 BBLs4,254 MCFNov 2024
McGredeGregg County, TX20 BBLs3,021 MCFNov 2024
McWhorterGregg County, TX64 BBLs9,740 MCFNov 2024
MottGregg County, TX64 BBLs1,745 MCFOct 2024
ThrasherGregg County, TX2 BBLs4,288 MCFNov 2024
Tolar JoeGregg County, TX39 BBLs4,110 MCFOct 2024
TolerGregg County, TX40 BBLs4,385 MCFNov 2024
Toler Gas UnitGregg County, TX3 BBLs10,993 MCFNov 2024
Tuttle A.JGregg County, TX37 BBLs6,920 MCFNov 2024
WilliamsGregg County, TX333 BBLs12,740 MCFNov 2024

Companies in the Area

These are the closest 20 companies operating near the Varga Gas Unit property.

Company Name
Amplify Energy Operating LLC
Basa Resources Inc
Buffco Production, Inc.
Cook Exploration Co.
Craton Operating LLC
Dallas Production Company LLC
Dorfman Production Company
EOG Resources, Inc.
Faulconer Energy, LLC
Fortune Resources LLC
H & S Production, Inc.
J-W Operating Company
Machin & Associates, Inc.
Neches Exploration, L.L.C.
North Lake Resources LLC
Powell, Gene Investments, Inc.
Sonat Exploration Company -Tyler
Sonat Exploration Company-MCR
Williams, Clayton Energy, Inc.
WTR Operating LLC

Owners of Varga Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024BUFFCO PRODUCTION INCVARGA G U #2BUFFCO PRODUCT
2024BUFFCO PRODUCTION INCVARGA GU #1ABUFFCO PRODUCT
2024POWELL GENEVARGA G U #2BUFFCO PRODUCT
2024BUFFCO PRODUCTION INCVARGA GU #1BUFFCO PRODUCT
2024B & R LAND & CATTLE COMPANYVARGA GU #1ABUFFCO PRODUCT
2024JOHNSTON GORDON C INCVARGA G U #2BUFFCO PRODUCT
2024CURLEE EMERY DEAN ESTATEVARGA G U #2BUFFCO PRODUCT
2024SKIPPER DOZIER & MARYVARGA G U #2BUFFCO PRODUCT
Displaying 8 of 397 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Varga Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-11538VARGA GAS UNIT NO. 2Oct 2024DK TRADING & SUPPLY, LLCBUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1ASep 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Sep 2024BUFFCO PRODUCTION, INC.
06-101219VARGA GAS UNIT 1Aug 2024BUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1AAug 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Aug 2024BUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1AJul 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Jul 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Jul 2024DK TRADING & SUPPLY, LLCBUFFCO PRODUCTION, INC.
06-101219VARGA GAS UNIT 1Jun 2024BUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1AJun 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Jun 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Jun 2024DK TRADING & SUPPLY, LLCBUFFCO PRODUCTION, INC.
06-101219VARGA GAS UNIT 1May 2024BUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1AMay 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2May 2024BUFFCO PRODUCTION, INC.
06-101219VARGA GAS UNIT 1Apr 2024BUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1AApr 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Apr 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Apr 2024DK TRADING & SUPPLY, LLCBUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1AMar 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Mar 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Mar 2024DK TRADING & SUPPLY, LLCBUFFCO PRODUCTION, INC.
06-101219VARGA GAS UNIT 1Feb 2024BUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1AFeb 2024BUFFCO PRODUCTION, INC.