GIVENS
GIVENS is a Texas oil lease in Lubbock County, Railroad Commission district 8A, operated by L.C.S. Production Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 4,561 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 $119K, with roughly $23K 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 25 barrels a month. Its strongest month on the record we hold was August 2020, at 90 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 GIVENS
- Who operates GIVENS?
- GIVENS is operated by L.C.S. Production Company, Railroad Commission of Texas operator number 479574.
- Where is GIVENS?
- GIVENS is a Texas oil lease in Lubbock County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69765.
- Is GIVENS still producing?
- GIVENS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIVENS is August 2026.
- How much has GIVENS produced?
- GIVENS has reported 4,561 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 1 wellbore.
- How much is GIVENS worth?
- The remaining production from GIVENS is estimated to be worth about $119K in total as of 26 August 2026, within a range of $65K to $172K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIVENS is a fraction of it. The estimate fits an Arps decline curve to the production GIVENS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIVENS is an estimate of value, not an offer and not an appraisal.
- How much income does GIVENS generate in a year?
- GIVENS is forecast to net about $23K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GIVENS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | L.C.S. Production Company |
|---|---|
| Field | Craven |
| County | Lubbock County, Texas |
| RRC district | 8A |
| Lease number | 69765 |
| Wellbores | 1 |
| Reported production | 4,561 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $119K |
Where GIVENS 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.