DIVIDE DRAW
DIVIDE DRAW is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Fiml Natural Resources, LLC. It has 49 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 2,837,039 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 $28.3M, with roughly $7.8M 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 8,764 barrels a month, about 179 per wellbore. Its strongest month on the record we hold was November 2017, at 51,073 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 DIVIDE DRAW
- Who operates DIVIDE DRAW?
- DIVIDE DRAW is operated by Fiml Natural Resources, LLC, Railroad Commission of Texas operator number 268313.
- Where is DIVIDE DRAW?
- DIVIDE DRAW is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17878.
- Is DIVIDE DRAW still producing?
- DIVIDE DRAW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIVIDE DRAW is August 2026.
- How much has DIVIDE DRAW produced?
- DIVIDE DRAW has reported 2,837,039 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 49 wellbores.
- How much is DIVIDE DRAW worth?
- The remaining production from DIVIDE DRAW is estimated to be worth about $28.3M in total as of 26 August 2026, within a range of $23.5M to $33.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIVIDE DRAW is a fraction of it. The estimate fits an Arps decline curve to the production DIVIDE DRAW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIVIDE DRAW is an estimate of value, not an offer and not an appraisal.
- How much income does DIVIDE DRAW generate in a year?
- DIVIDE DRAW is forecast to net about $7.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DIVIDE DRAW receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fiml Natural Resources, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 17878 |
| Wellbores | 49 |
| Reported production | 2,837,039 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $28.3M |
Where DIVIDE DRAW 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.