DAVIS 106
DAVIS 106 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Latigo Petroleum Texas, LP. It has 1 wellbore on file with the Commission. Reported production runs from December 2005 to August 2026, totalling 61,190 barrels. The lease is intermittent. 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 $370K, with roughly $53K 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 10 barrels a month. Its strongest month on the record we hold was January 2020, at 204 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 106
- Who operates DAVIS 106?
- DAVIS 106 is operated by Latigo Petroleum Texas, LP, Railroad Commission of Texas operator number 488245.
- Where is DAVIS 106?
- DAVIS 106 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07623.
- Is DAVIS 106 still producing?
- DAVIS 106 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for DAVIS 106 is August 2026.
- How much has DAVIS 106 produced?
- DAVIS 106 has reported 61,190 barrels of oil (bbl) to the Railroad Commission of Texas between December 2005 and August 2026, from 1 wellbore.
- How much is DAVIS 106 worth?
- The remaining production from DAVIS 106 is estimated to be worth about $370K in total as of 26 August 2026, within a range of $203K to $536K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIS 106 is a fraction of it. The estimate fits an Arps decline curve to the production DAVIS 106 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIS 106 is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIS 106 generate in a year?
- DAVIS 106 is forecast to net about $53K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAVIS 106 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Latigo Petroleum Texas, LP |
|---|---|
| Field | Horizon (Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 07623 |
| Wellbores | 1 |
| Reported production | 61,190 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $370K |
Where DAVIS 106 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.