DAVIS
DAVIS is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Sinclair Oil Corporation. It has 5 wellbores on file with the Commission. Reported production runs from April 2004 to August 2026, totalling 84,830 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 $419K, with roughly $81K 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 115 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was May 2024, at 402 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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
- Who operates DAVIS?
- DAVIS is operated by Sinclair Oil Corporation, Railroad Commission of Texas operator number 784546.
- Where is DAVIS?
- DAVIS is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 29402.
- Is DAVIS still producing?
- DAVIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVIS is August 2026.
- How much has DAVIS produced?
- DAVIS has reported 84,830 barrels of oil (bbl) to the Railroad Commission of Texas between April 2004 and August 2026, from 5 wellbores.
- How much is DAVIS worth?
- The remaining production from DAVIS is estimated to be worth about $419K in total as of 26 August 2026, within a range of $327K to $511K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIS is a fraction of it. The estimate fits an Arps decline curve to the production DAVIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIS is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIS generate in a year?
- DAVIS is forecast to net about $81K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAVIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sinclair Oil Corporation |
|---|---|
| Field | Coh (Hope) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 29402 |
| Wellbores | 5 |
| Reported production | 84,830 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $419K |
Where DAVIS 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.