DAVIDSON 23G
DAVIDSON 23G is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 3 wellbores on file with the Commission. Reported production runs from April 2021 to August 2026, totalling 1,143,219 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 $10.6M, with roughly $4.6M 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 7,247 barrels a month, about 2,416 per wellbore. Its strongest month on the record we hold was October 2021, at 89,554 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 DAVIDSON 23G
- Who operates DAVIDSON 23G?
- DAVIDSON 23G is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is DAVIDSON 23G?
- DAVIDSON 23G is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56047.
- Is DAVIDSON 23G still producing?
- DAVIDSON 23G is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVIDSON 23G is August 2026.
- How much has DAVIDSON 23G produced?
- DAVIDSON 23G has reported 1,143,219 barrels of oil (bbl) to the Railroad Commission of Texas between April 2021 and August 2026, from 3 wellbores.
- How much is DAVIDSON 23G worth?
- The remaining production from DAVIDSON 23G is estimated to be worth about $10.6M in total as of 27 August 2026, within a range of $8.8M to $12.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIDSON 23G is a fraction of it. The estimate fits an Arps decline curve to the production DAVIDSON 23G has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIDSON 23G is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIDSON 23G generate in a year?
- DAVIDSON 23G is forecast to net about $4.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DAVIDSON 23G receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 56047 |
| Wellbores | 3 |
| Reported production | 1,143,219 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.6M |
Where DAVIDSON 23G 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.