DAVIS
DAVIS is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Nosivad Oil, Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2003 to August 2026, totalling 11,465 barrels. The lease is intermittent. 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 $24K, with roughly $5K 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 6 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was April 2018, at 45 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 Nosivad Oil, Inc., Railroad Commission of Texas operator number 615225.
- Where is DAVIS?
- DAVIS is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 29216.
- Is DAVIS still producing?
- DAVIS is intermittent. 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 11,465 barrels of oil (bbl) to the Railroad Commission of Texas between March 2003 and August 2026, from 2 wellbores.
- How much is DAVIS worth?
- The remaining production from DAVIS is estimated to be worth about $24K in total as of 26 August 2026, within a range of $0 to $47K. 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 $5K 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 | Nosivad Oil, Inc. |
|---|---|
| Field | Jones County Regular |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 29216 |
| Wellbores | 2 |
| Reported production | 11,465 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $24K |
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.