DAVID
DAVID is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Treadstone Energy Prtnr Op, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2019 to August 2026, totalling 147,911 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 $1.4M, with roughly $541K 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 826 barrels a month. Its strongest month on the record we hold was August 2021, at 16,615 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 DAVID
- Who operates DAVID?
- DAVID is operated by Treadstone Energy Prtnr Op, LLC, Railroad Commission of Texas operator number 866905.
- Where is DAVID?
- DAVID is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27851.
- Is DAVID still producing?
- DAVID is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVID is August 2026.
- How much has DAVID produced?
- DAVID has reported 147,911 barrels of oil (bbl) to the Railroad Commission of Texas between December 2019 and August 2026, from 1 wellbore.
- How much is DAVID worth?
- The remaining production from DAVID is estimated to be worth about $1.4M in total as of 27 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVID is a fraction of it. The estimate fits an Arps decline curve to the production DAVID has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVID is an estimate of value, not an offer and not an appraisal.
- How much income does DAVID generate in a year?
- DAVID is forecast to net about $541K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DAVID receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Treadstone Energy Prtnr Op, LLC |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 27851 |
| Wellbores | 1 |
| Reported production | 147,911 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where DAVID 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.