DAVIDSON
DAVIDSON is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Watson Operating Company. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 13,315 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 $129K, with roughly $19K 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 22 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was July 2018, at 172 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 DAVIDSON
- Who operates DAVIDSON?
- DAVIDSON is operated by Watson Operating Company, Railroad Commission of Texas operator number 901200.
- Where is DAVIDSON?
- DAVIDSON is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 04973.
- Is DAVIDSON still producing?
- DAVIDSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVIDSON is August 2026.
- How much has DAVIDSON produced?
- DAVIDSON has reported 13,315 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is DAVIDSON worth?
- The remaining production from DAVIDSON is estimated to be worth about $129K in total as of 26 August 2026, within a range of $71K to $186K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIDSON is a fraction of it. The estimate fits an Arps decline curve to the production DAVIDSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIDSON is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIDSON generate in a year?
- DAVIDSON is forecast to net about $19K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAVIDSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Watson Operating Company |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 04973 |
| Wellbores | 8 |
| Reported production | 13,315 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $129K |
Where DAVIDSON 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.