PEAVY
PEAVY is a Texas oil lease in Jack County, Railroad Commission district 09, operated by D L Operating. It has 1 wellbore on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 1,116 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 $179K, with roughly $34K 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 32 barrels a month. Its strongest month on the record we hold was April 2018, at 123 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 PEAVY
- Who operates PEAVY?
- PEAVY is operated by D L Operating, Railroad Commission of Texas operator number 196262.
- Where is PEAVY?
- PEAVY is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33741.
- Is PEAVY still producing?
- PEAVY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEAVY is August 2026.
- How much has PEAVY produced?
- PEAVY has reported 1,116 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 1 wellbore.
- How much is PEAVY worth?
- The remaining production from PEAVY is estimated to be worth about $179K in total as of 26 August 2026, within a range of $98K to $259K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEAVY is a fraction of it. The estimate fits an Arps decline curve to the production PEAVY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEAVY is an estimate of value, not an offer and not an appraisal.
- How much income does PEAVY generate in a year?
- PEAVY is forecast to net about $34K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PEAVY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | D L Operating |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 33741 |
| Wellbores | 1 |
| Reported production | 1,116 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $179K |
Where PEAVY 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.