DAVIDSON 27X
DAVIDSON 27X is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 2 wellbores on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 661,213 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 $19.0M, with roughly $4.5M 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 5,711 barrels a month, about 2,856 per wellbore. Its strongest month on the record we hold was November 2022, at 89,164 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 27X
- Who operates DAVIDSON 27X?
- DAVIDSON 27X is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is DAVIDSON 27X?
- DAVIDSON 27X is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58715.
- Is DAVIDSON 27X still producing?
- DAVIDSON 27X is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVIDSON 27X is August 2026.
- How much has DAVIDSON 27X produced?
- DAVIDSON 27X has reported 661,213 barrels of oil (bbl) to the Railroad Commission of Texas between October 2022 and August 2026, from 2 wellbores.
- How much is DAVIDSON 27X worth?
- The remaining production from DAVIDSON 27X is estimated to be worth about $19.0M in total as of 27 August 2026, within a range of $15.8M to $22.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIDSON 27X is a fraction of it. The estimate fits an Arps decline curve to the production DAVIDSON 27X has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIDSON 27X is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIDSON 27X generate in a year?
- DAVIDSON 27X is forecast to net about $4.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DAVIDSON 27X 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 | 58715 |
| Wellbores | 2 |
| Reported production | 661,213 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $19.0M |
Where DAVIDSON 27X 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.