BIDDIX
BIDDIX is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by D. W. R. Oil Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2006 to August 2026, totalling 11,212 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 $140K, with roughly $27K 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 25 barrels a month. Its strongest month on the record we hold was June 2016, at 48 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BIDDIX
- Who operates BIDDIX?
- BIDDIX is operated by D. W. R. Oil Co., Inc., Railroad Commission of Texas operator number 195925.
- Where is BIDDIX?
- BIDDIX is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16101.
- Is BIDDIX still producing?
- BIDDIX is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIDDIX is August 2026.
- How much has BIDDIX produced?
- BIDDIX has reported 11,212 barrels of oil (bbl) to the Railroad Commission of Texas between December 2006 and August 2026, from 1 wellbore.
- How much is BIDDIX worth?
- The remaining production from BIDDIX is estimated to be worth about $140K in total as of 26 August 2026, within a range of $77K to $203K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIDDIX is a fraction of it. The estimate fits an Arps decline curve to the production BIDDIX has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIDDIX is an estimate of value, not an offer and not an appraisal.
- How much income does BIDDIX generate in a year?
- BIDDIX is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BIDDIX receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | D. W. R. Oil Co., Inc. |
|---|---|
| Field | Winters, North (Cisco 3020) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 16101 |
| Wellbores | 1 |
| Reported production | 11,212 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $140K |
Where BIDDIX 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.