BIVINS-LIT
BIVINS-LIT is a Texas oil lease in Oldham County, Railroad Commission district 10, operated by Apache Corporation. It has 34 wellbores on file with the Commission. Reported production runs from March 2011 to August 2026, totalling 2,946,355 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 $319K, with roughly $105K 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 561 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was May 2019, at 18,168 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 BIVINS-LIT
- Who operates BIVINS-LIT?
- BIVINS-LIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is BIVINS-LIT?
- BIVINS-LIT is a Texas oil lease in Oldham County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08366.
- Is BIVINS-LIT still producing?
- BIVINS-LIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIVINS-LIT is August 2026.
- How much has BIVINS-LIT produced?
- BIVINS-LIT has reported 2,946,355 barrels of oil (bbl) to the Railroad Commission of Texas between March 2011 and August 2026, from 34 wellbores.
- How much is BIVINS-LIT worth?
- The remaining production from BIVINS-LIT is estimated to be worth about $319K in total as of 26 August 2026, within a range of $249K to $389K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIVINS-LIT is a fraction of it. The estimate fits an Arps decline curve to the production BIVINS-LIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIVINS-LIT is an estimate of value, not an offer and not an appraisal.
- How much income does BIVINS-LIT generate in a year?
- BIVINS-LIT is forecast to net about $105K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BIVINS-LIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Paint Ridge (Canyon Granite WSH) |
| County | Oldham County, Texas |
| RRC district | 10 |
| Lease number | 08366 |
| Wellbores | 34 |
| Reported production | 2,946,355 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $319K |
Where BIVINS-LIT 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.