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 - Jun 2025
Total Oil Production67,574 BBLs
Total Gas Production1,640,683 MCF
Recent Oil Production35 BBLs in May 2025
Recent Gas Production2,148 MCF in May 2025
Wells on Property4

Our Valuation Estimates for Varga Gas Unit

ShaleAssessment™

$4,751 *

MarketMultiple™

$19,443 **

* 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 Jun 2025

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 BBLs2,002 MCFJun 2025
DensonGregg County, TX0 BBLs1,700 MCFJun 2025
Driggers D.CGregg County, TX95 BBLs13,696 MCFJun 2025
HairgroveGregg County, TX0 BBLs1,871 MCFJun 2025
HarrisonGregg County, TX499 BBLs13,146 MCFJun 2025
HayesGregg County, TX0 BBLs8,123 MCFJun 2025
Hayes ClaudeGregg County, TX7 BBLs4,211 MCFJun 2025
Hays, MartinGregg County, TX0 BBLs0 MCFJan 2025
KellyGregg County, TX0 BBLs485 MCFJun 2025
Longview NorthGregg County, TX38 BBLs5,770 MCFJun 2025
McGredeGregg County, TX28 BBLs2,588 MCFJun 2025
McWhorterGregg County, TX37 BBLs10,008 MCFJun 2025
Meadows Pugh Gas UnitGregg County, TX277 BBLs15,781 MCFJun 2025
MottGregg County, TX8 BBLs1,728 MCFMay 2025
ThrasherGregg County, TX3 BBLs6,208 MCFJun 2025
Tolar JoeGregg County, TX36 BBLs5,195 MCFJun 2025
TolerGregg County, TX31 BBLs4,104 MCFJun 2025
Tuttle A.JGregg County, TX231 BBLs5,434 MCFMay 2025
WilliamsGregg County, TX179 BBLs10,360 MCFJun 2025

Companies in the Area

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

Company Name
Amplify Energy Operating LLC
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.
Sabine Oil & Gas Corporation
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
2025BUFFCO PRODUCTION INCVARGA G U #2BUFFCO PRODUCT
2025BUFFCO PRODUCTION INCVARGA GU #1ABUFFCO PRODUCT
2025POWELL GENEVARGA G U #2BUFFCO PRODUCT
2025BUFFCO PRODUCTION INCVARGA GU #1BUFFCO PRODUCT
2025B & R LAND & CATTLE COMPANYVARGA GU #1ABUFFCO PRODUCT
2025JOHNSTON GORDON C INCVARGA G U #2BUFFCO PRODUCT
2025CURLEE EMERY DEAN ESTATEVARGA G U #2BUFFCO PRODUCT
2025SKIPPER DOZIER & MARYVARGA G U #2BUFFCO PRODUCT
Displaying 8 of 697 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
06-101219VARGA GAS UNIT 1Mar 2025BUFFCO PRODUCTION, INC.
06-101219VARGA GAS UNIT 1Mar 2025DK TRADING & SUPPLY, LLCBUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1AMar 2025BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Mar 2025BUFFCO PRODUCTION, INC.
06-101219VARGA GAS UNIT 1Feb 2025BUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1AFeb 2025BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Feb 2025BUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1AJan 2025BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Jan 2025BUFFCO PRODUCTION, INC.
06-101219VARGA GAS UNIT 1Dec 2024BUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1ADec 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Dec 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Dec 2024DK TRADING & SUPPLY, LLCBUFFCO PRODUCTION, INC.
06-101219VARGA GAS UNIT 1Nov 2024BUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1ANov 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Nov 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Nov 2024DK TRADING & SUPPLY, LLCBUFFCO PRODUCTION, INC.
06-101219VARGA GAS UNIT 1Oct 2024BUFFCO PRODUCTION, INC.
06-107668VARGA GAS UNIT 1AOct 2024BUFFCO PRODUCTION, INC.
06-11538VARGA GAS UNIT NO. 2Oct 2024BUFFCO PRODUCTION, INC.
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.