AVION

AVION is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Gordy Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2019 to August 2026, totalling 58,104 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 $304K, with roughly $181K 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 411 barrels a month. Its strongest month on the record we hold was August 2022, at 4,034 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 AVION

Who operates AVION?
AVION is operated by Gordy Oil Company, Railroad Commission of Texas operator number 317150.
Where is AVION?
AVION is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54105.
Is AVION still producing?
AVION is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AVION is August 2026.
How much has AVION produced?
AVION has reported 58,104 barrels of oil (bbl) to the Railroad Commission of Texas between June 2019 and August 2026, from 1 wellbore.
How much is AVION worth?
The remaining production from AVION is estimated to be worth about $304K in total as of 26 August 2026, within a range of $237K to $371K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AVION is a fraction of it. The estimate fits an Arps decline curve to the production AVION has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AVION is an estimate of value, not an offer and not an appraisal.
How much income does AVION generate in a year?
AVION is forecast to net about $181K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AVION receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

AVION as filed with the Railroad Commission of Texas
OperatorGordy Oil Company
FieldWolfbone (Trend Area)
CountyPecos County, Texas
RRC district08
Lease number54105
Wellbores1
Reported production58,104 bbl
First reported
Last reported
Estimated royalty value$304K

Where AVION 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.