DAVIS-CLISBEE UNIT

DAVIS-CLISBEE UNIT is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Marshall Pipe & Supply Co. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 81,770 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 $138K, with roughly $27K 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 36 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was November 2017, at 465 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 DAVIS-CLISBEE UNIT

Who operates DAVIS-CLISBEE UNIT?
DAVIS-CLISBEE UNIT is operated by Marshall Pipe & Supply Co., Railroad Commission of Texas operator number 527820.
Where is DAVIS-CLISBEE UNIT?
DAVIS-CLISBEE UNIT is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 12538.
Is DAVIS-CLISBEE UNIT still producing?
DAVIS-CLISBEE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVIS-CLISBEE UNIT is August 2026.
How much has DAVIS-CLISBEE UNIT produced?
DAVIS-CLISBEE UNIT has reported 81,770 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
How much is DAVIS-CLISBEE UNIT worth?
The remaining production from DAVIS-CLISBEE UNIT is estimated to be worth about $138K in total as of 27 August 2026, within a range of $76K to $200K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIS-CLISBEE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DAVIS-CLISBEE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIS-CLISBEE UNIT is an estimate of value, not an offer and not an appraisal.
How much income does DAVIS-CLISBEE UNIT generate in a year?
DAVIS-CLISBEE UNIT is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DAVIS-CLISBEE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DAVIS-CLISBEE UNIT as filed with the Railroad Commission of Texas
OperatorMarshall Pipe & Supply Co.
FieldHildreth
CountyMontague County, Texas
RRC district09
Lease number12538
Wellbores3
Reported production81,770 bbl
First reported
Last reported
Estimated royalty value$138K

Where DAVIS-CLISBEE UNIT 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.