BIVINS
BIVINS is a Texas oil lease in Moore County, Railroad Commission district 10, operated by Arrow Energy, Incorporated. It has 1 wellbore on file with the Commission. Reported production runs from December 1995 to August 2026, totalling 8,670 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 $60K, with roughly $12K 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 15 barrels a month. Its strongest month on the record we hold was October 2023, at 34 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 BIVINS
- Who operates BIVINS?
- BIVINS is operated by Arrow Energy, Incorporated, Railroad Commission of Texas operator number 033183.
- Where is BIVINS?
- BIVINS is a Texas oil lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07074.
- Is BIVINS still producing?
- BIVINS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIVINS is August 2026.
- How much has BIVINS produced?
- BIVINS has reported 8,670 barrels of oil (bbl) to the Railroad Commission of Texas between December 1995 and August 2026, from 1 wellbore.
- How much is BIVINS worth?
- The remaining production from BIVINS is estimated to be worth about $60K in total as of 26 August 2026, within a range of $33K to $87K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIVINS is a fraction of it. The estimate fits an Arps decline curve to the production BIVINS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIVINS is an estimate of value, not an offer and not an appraisal.
- How much income does BIVINS generate in a year?
- BIVINS is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BIVINS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arrow Energy, Incorporated |
|---|---|
| Field | Panhandle (Red Cave) |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 07074 |
| Wellbores | 1 |
| Reported production | 8,670 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $60K |
Where BIVINS 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.