DAVIS
DAVIS is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by CDJ Oil Co. It has 15 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 73,093 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 $321K, with roughly $62K 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 81 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was October 2024, at 267 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 DAVIS
- Who operates DAVIS?
- DAVIS is operated by CDJ Oil Co., Railroad Commission of Texas operator number 140598.
- Where is DAVIS?
- DAVIS is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 03535.
- 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 73,093 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 15 wellbores.
- How much is DAVIS worth?
- The remaining production from DAVIS is estimated to be worth about $321K in total as of 26 August 2026, within a range of $177K to $466K. 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 $62K 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 | CDJ Oil Co. |
|---|---|
| Field | Shackelford County Regular |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 03535 |
| Wellbores | 15 |
| Reported production | 73,093 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $321K |
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.