ARROW-BIVINS 37P
ARROW-BIVINS 37P is a Texas oil lease in Potter County, Railroad Commission district 10, operated by Arrow Energy, Incorporated. It has 4 wellbores on file with the Commission. Reported production runs from May 1995 to August 2026, totalling 47,265 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 $249K, with roughly $48K 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 67 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was June 2019, at 400 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 ARROW-BIVINS 37P
- Who operates ARROW-BIVINS 37P?
- ARROW-BIVINS 37P is operated by Arrow Energy, Incorporated, Railroad Commission of Texas operator number 033183.
- Where is ARROW-BIVINS 37P?
- ARROW-BIVINS 37P is a Texas oil lease in Potter County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07041.
- Is ARROW-BIVINS 37P still producing?
- ARROW-BIVINS 37P is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ARROW-BIVINS 37P is August 2026.
- How much has ARROW-BIVINS 37P produced?
- ARROW-BIVINS 37P has reported 47,265 barrels of oil (bbl) to the Railroad Commission of Texas between May 1995 and August 2026, from 4 wellbores.
- How much is ARROW-BIVINS 37P worth?
- The remaining production from ARROW-BIVINS 37P is estimated to be worth about $249K in total as of 26 August 2026, within a range of $137K to $362K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ARROW-BIVINS 37P is a fraction of it. The estimate fits an Arps decline curve to the production ARROW-BIVINS 37P has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ARROW-BIVINS 37P is an estimate of value, not an offer and not an appraisal.
- How much income does ARROW-BIVINS 37P generate in a year?
- ARROW-BIVINS 37P is forecast to net about $48K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ARROW-BIVINS 37P receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arrow Energy, Incorporated |
|---|---|
| Field | Panhandle (Red Cave) |
| County | Potter County, Texas |
| RRC district | 10 |
| Lease number | 07041 |
| Wellbores | 4 |
| Reported production | 47,265 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $249K |
Where ARROW-BIVINS 37P 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.