DAVIS
DAVIS is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Charis Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 58,350 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 $935K, with roughly $212K 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 293 barrels a month. Its strongest month on the record we hold was July 2020, at 620 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 DAVIS
- Who operates DAVIS?
- DAVIS is operated by Charis Oil & Gas, LLC, Railroad Commission of Texas operator number 146368.
- Where is DAVIS?
- DAVIS is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32852.
- Is DAVIS still producing?
- DAVIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVIS is August 2026.
- How much has DAVIS produced?
- DAVIS has reported 58,350 barrels of oil (bbl) to the Railroad Commission of Texas between May 2014 and August 2026, from 1 wellbore.
- How much is DAVIS worth?
- The remaining production from DAVIS is estimated to be worth about $935K in total as of 26 August 2026, within a range of $730K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIS is a fraction of it. The estimate fits an Arps decline curve to the production DAVIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIS is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIS generate in a year?
- DAVIS is forecast to net about $212K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAVIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Charis Oil & Gas, LLC |
|---|---|
| Field | Hester (Strawn) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 32852 |
| Wellbores | 1 |
| Reported production | 58,350 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $935K |
Where DAVIS 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.