DAVIDSON 34
DAVIDSON 34 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Arco Permian. It has 6 wellbores on file with the Commission. Reported production runs from June 1996 to August 2026, totalling 243,438 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 $585K, with roughly $106K 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 157 barrels a month, about 26 per wellbore. Its strongest month on the record we hold was June 2016, at 933 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 34
- Who operates DAVIDSON 34?
- DAVIDSON 34 is operated by Arco Permian, Railroad Commission of Texas operator number 029347.
- Where is DAVIDSON 34?
- DAVIDSON 34 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34974.
- Is DAVIDSON 34 still producing?
- DAVIDSON 34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVIDSON 34 is August 2026.
- How much has DAVIDSON 34 produced?
- DAVIDSON 34 has reported 243,438 barrels of oil (bbl) to the Railroad Commission of Texas between June 1996 and August 2026, from 6 wellbores.
- How much is DAVIDSON 34 worth?
- The remaining production from DAVIDSON 34 is estimated to be worth about $585K in total as of 27 August 2026, within a range of $456K to $714K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIDSON 34 is a fraction of it. The estimate fits an Arps decline curve to the production DAVIDSON 34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIDSON 34 is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIDSON 34 generate in a year?
- DAVIDSON 34 is forecast to net about $106K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DAVIDSON 34 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arco Permian |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 34974 |
| Wellbores | 6 |
| Reported production | 243,438 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $585K |
Where DAVIDSON 34 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.