DAVIDSON 34B
DAVIDSON 34B is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Ovintiv USA Inc. It has 4 wellbores on file with the Commission. Reported production runs from April 2024 to August 2026, totalling 1,825,434 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 $63.7M, with roughly $21.7M 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 28,942 barrels a month, about 7,236 per wellbore. Its strongest month on the record we hold was August 2024, at 186,347 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 34B
- Who operates DAVIDSON 34B?
- DAVIDSON 34B is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is DAVIDSON 34B?
- DAVIDSON 34B is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22801.
- Is DAVIDSON 34B still producing?
- DAVIDSON 34B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVIDSON 34B is August 2026.
- How much has DAVIDSON 34B produced?
- DAVIDSON 34B has reported 1,825,434 barrels of oil (bbl) to the Railroad Commission of Texas between April 2024 and August 2026, from 4 wellbores.
- How much is DAVIDSON 34B worth?
- The remaining production from DAVIDSON 34B is estimated to be worth about $63.7M in total as of 26 August 2026, within a range of $52.2M to $75.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIDSON 34B is a fraction of it. The estimate fits an Arps decline curve to the production DAVIDSON 34B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIDSON 34B is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIDSON 34B generate in a year?
- DAVIDSON 34B is forecast to net about $21.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAVIDSON 34B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 22801 |
| Wellbores | 4 |
| Reported production | 1,825,434 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $63.7M |
Where DAVIDSON 34B 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.