DAVIDSON "38"
DAVIDSON "38" is a Texas oil lease in Upton County, Railroad Commission district 08, operated by Terrace Petroleum Corporation. It has 9 wellbores on file with the Commission. Reported production runs from October 1995 to August 2026, totalling 381,180 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $21K, with roughly $4K expected over the next twelve months.
| Operator | Terrace Petroleum Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 08 |
| Lease number | 34728 |
| Wellbores | 9 |
| Reported production | 381,180 bbl |
| First reported | October 1995 |
| Last reported | August 2026 |
| Estimated royalty value | $21K |
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.