GARVER HEIRS
GARVER HEIRS is a Texas oil lease in Leon County, Railroad Commission district 05, operated by Henderson Exploration. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,445 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 $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 8 barrels a month. Its strongest month on the record we hold was July 2016, at 72 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 GARVER HEIRS
- Who operates GARVER HEIRS?
- GARVER HEIRS is operated by Henderson Exploration, Railroad Commission of Texas operator number 375236.
- Where is GARVER HEIRS?
- GARVER HEIRS is a Texas oil lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 02091.
- Is GARVER HEIRS still producing?
- GARVER HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARVER HEIRS is August 2026.
- How much has GARVER HEIRS produced?
- GARVER HEIRS has reported 10,445 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GARVER HEIRS worth?
- The remaining production from GARVER HEIRS is estimated to be worth about $24K in total as of 27 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 GARVER HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production GARVER HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARVER HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does GARVER HEIRS generate in a year?
- GARVER HEIRS is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GARVER HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Henderson Exploration |
|---|---|
| Field | Red Oak, South (Sub-Clarksville) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 02091 |
| Wellbores | 1 |
| Reported production | 10,445 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $24K |
Where GARVER HEIRS 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.