AVIS
AVIS is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Felty Drilling Co. Inc. It has 3 wellbores on file with the Commission. Reported production runs from February 2022 to August 2026, totalling 40,577 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 $921K, with roughly $280K 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 488 barrels a month, about 163 per wellbore. Its strongest month on the record we hold was January 2023, at 2,263 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 AVIS
- Who operates AVIS?
- AVIS is operated by Felty Drilling Co. Inc, Railroad Commission of Texas operator number 265584.
- Where is AVIS?
- AVIS is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 34082.
- Is AVIS still producing?
- AVIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AVIS is August 2026.
- How much has AVIS produced?
- AVIS has reported 40,577 barrels of oil (bbl) to the Railroad Commission of Texas between February 2022 and August 2026, from 3 wellbores.
- How much is AVIS worth?
- The remaining production from AVIS is estimated to be worth about $921K in total as of 26 August 2026, within a range of $718K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AVIS is a fraction of it. The estimate fits an Arps decline curve to the production AVIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AVIS is an estimate of value, not an offer and not an appraisal.
- How much income does AVIS generate in a year?
- AVIS is forecast to net about $280K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AVIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Felty Drilling Co. Inc |
|---|---|
| Field | Ross |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 34082 |
| Wellbores | 3 |
| Reported production | 40,577 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $921K |
Where AVIS 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.