DAVIS HEIRS
DAVIS HEIRS is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Firewheel Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 27,770 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 $683K, with roughly $110K 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 91 barrels a month. Its strongest month on the record we hold was May 2016, at 235 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 HEIRS
- Who operates DAVIS HEIRS?
- DAVIS HEIRS is operated by Firewheel Operating, LLC, Railroad Commission of Texas operator number 268992.
- Where is DAVIS HEIRS?
- DAVIS HEIRS is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44398.
- Is DAVIS HEIRS still producing?
- DAVIS HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVIS HEIRS is August 2026.
- How much has DAVIS HEIRS produced?
- DAVIS HEIRS has reported 27,770 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 1 wellbore.
- How much is DAVIS HEIRS worth?
- The remaining production from DAVIS HEIRS is estimated to be worth about $683K in total as of 26 August 2026, within a range of $376K to $991K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIS HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production DAVIS HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIS HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIS HEIRS generate in a year?
- DAVIS HEIRS is forecast to net about $110K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAVIS HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Firewheel Operating, LLC |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 44398 |
| Wellbores | 1 |
| Reported production | 27,770 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $683K |
Where DAVIS HEIRS 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.