DAVIDSON 02B
DAVIDSON 02B is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Encana Oil & Gas(USA) Inc. It has 3 wellbores on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 691,679 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $3.1M, with roughly $1.2M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,633 barrels a month, about 544 per wellbore. Its strongest month on the record we hold was June 2017, at 35,048 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about DAVIDSON 02B
- Who operates DAVIDSON 02B?
- DAVIDSON 02B is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is DAVIDSON 02B?
- DAVIDSON 02B is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19187.
- Is DAVIDSON 02B still producing?
- DAVIDSON 02B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVIDSON 02B is August 2026.
- How much has DAVIDSON 02B produced?
- DAVIDSON 02B has reported 691,679 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 3 wellbores.
- How much is DAVIDSON 02B worth?
- The remaining production from DAVIDSON 02B is estimated to be worth about $3.1M in total as of 27 August 2026, within a range of $2.6M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIDSON 02B is a fraction of it. The estimate fits an Arps decline curve to the production DAVIDSON 02B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIDSON 02B is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIDSON 02B generate in a year?
- DAVIDSON 02B is forecast to net about $1.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DAVIDSON 02B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 19187 |
| Wellbores | 3 |
| Reported production | 691,679 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where DAVIDSON 02B sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.