DAVIS '3385'
DAVIS '3385' is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Marjac Oil Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2008 to August 2026, totalling 8,358 barrels. The lease is intermittent. 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 $94K, with roughly $16K 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 14 barrels a month. Its strongest month on the record we hold was October 2016, at 64 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 '3385'
- Who operates DAVIS '3385'?
- DAVIS '3385' is operated by Marjac Oil Company, Inc., Railroad Commission of Texas operator number 526262.
- Where is DAVIS '3385'?
- DAVIS '3385' is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30193.
- Is DAVIS '3385' still producing?
- DAVIS '3385' is intermittent. The most recent month of production reported to the Railroad Commission of Texas for DAVIS '3385' is August 2026.
- How much has DAVIS '3385' produced?
- DAVIS '3385' has reported 8,358 barrels of oil (bbl) to the Railroad Commission of Texas between October 2008 and August 2026, from 1 wellbore.
- How much is DAVIS '3385' worth?
- The remaining production from DAVIS '3385' is estimated to be worth about $94K in total as of 26 August 2026, within a range of $52K to $136K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIS '3385' is a fraction of it. The estimate fits an Arps decline curve to the production DAVIS '3385' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIS '3385' is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIS '3385' generate in a year?
- DAVIS '3385' is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAVIS '3385' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marjac Oil Company, Inc. |
|---|---|
| Field | Pitz (Duffer) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 30193 |
| Wellbores | 1 |
| Reported production | 8,358 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $94K |
Where DAVIS '3385' 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.