PHILLIPS

PHILLIPS is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Davcro Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 50,787 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 $10K, with roughly $2K expected over the next twelve months.

OperatorDavcro Inc.
FieldLevelland
CountyCochran County, Texas
RRC district8A
Lease number64078
Wellbores1
Reported production50,787 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$10K

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.