DAVIS
DAVIS is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by H & L Exploration Company, LLC. It has 2 wellbores on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 78,745 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 $704K, 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 113 barrels a month, about 56 per wellbore. Its strongest month on the record we hold was February 2019, at 588 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 DAVIS
- Who operates DAVIS?
- DAVIS is operated by H & L Exploration Company, LLC, Railroad Commission of Texas operator number 339771.
- Where is DAVIS?
- DAVIS is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08538.
- Is DAVIS still producing?
- DAVIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVIS is August 2026.
- How much has DAVIS produced?
- DAVIS has reported 78,745 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 2 wellbores.
- How much is DAVIS worth?
- The remaining production from DAVIS is estimated to be worth about $704K in total as of 26 August 2026, within a range of $549K to $859K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIS is a fraction of it. The estimate fits an Arps decline curve to the production DAVIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIS is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIS generate in a year?
- DAVIS is forecast to net about $124K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAVIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | H & L Exploration Company, LLC |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 08538 |
| Wellbores | 2 |
| Reported production | 78,745 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $704K |
Where DAVIS 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.