BIVINS 53-39 WEST
BIVINS 53-39 WEST is a Texas oil lease in Potter County, Railroad Commission district 10, operated by Le Norman Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2017 to August 2026, totalling 121,103 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 $686K, with roughly $124K 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 150 barrels a month. Its strongest month on the record we hold was January 2018, at 16,982 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 53-39 WEST
- Who operates BIVINS 53-39 WEST?
- BIVINS 53-39 WEST is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is BIVINS 53-39 WEST?
- BIVINS 53-39 WEST is a Texas oil lease in Potter County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09619.
- Is BIVINS 53-39 WEST still producing?
- BIVINS 53-39 WEST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIVINS 53-39 WEST is August 2026.
- How much has BIVINS 53-39 WEST produced?
- BIVINS 53-39 WEST has reported 121,103 barrels of oil (bbl) to the Railroad Commission of Texas between December 2017 and August 2026, from 1 wellbore.
- How much is BIVINS 53-39 WEST worth?
- The remaining production from BIVINS 53-39 WEST is estimated to be worth about $686K in total as of 27 August 2026, within a range of $535K to $837K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIVINS 53-39 WEST is a fraction of it. The estimate fits an Arps decline curve to the production BIVINS 53-39 WEST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIVINS 53-39 WEST is an estimate of value, not an offer and not an appraisal.
- How much income does BIVINS 53-39 WEST generate in a year?
- BIVINS 53-39 WEST is forecast to net about $124K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BIVINS 53-39 WEST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Le Norman Operating LLC |
|---|---|
| Field | Amarillo, North (Canyon Lime) |
| County | Potter County, Texas |
| RRC district | 10 |
| Lease number | 09619 |
| Wellbores | 1 |
| Reported production | 121,103 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $686K |
Where BIVINS 53-39 WEST 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.