BIVINS-LIT
BIVINS-LIT is a Texas oil lease in Oldham County, Railroad Commission district 10, operated by Apache Corporation. It has 5 wellbores on file with the Commission. Reported production runs from January 2014 to August 2026, totalling 529,740 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 $6.6M, with roughly $1.3M 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 1,337 barrels a month, about 267 per wellbore. Its strongest month on the record we hold was July 2018, at 13,449 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 09310.
- 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 529,740 barrels of oil (bbl) to the Railroad Commission of Texas between January 2014 and August 2026, from 5 wellbores.
- How much is BIVINS-LIT worth?
- The remaining production from BIVINS-LIT is estimated to be worth about $6.6M in total as of 26 August 2026, within a range of $5.5M to $7.8M. 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 $1.3M 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 | Bivins Lit (Canyon Lime) |
| County | Oldham County, Texas |
| RRC district | 10 |
| Lease number | 09310 |
| Wellbores | 5 |
| Reported production | 529,740 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.6M |
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.