DEVITT
DEVITT is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by BC Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 128,586 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 $219K, with roughly $42K 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 55 barrels a month. Its strongest month on the record we hold was February 2023, at 131 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 DEVITT
- Who operates DEVITT?
- DEVITT is operated by BC Operating, Inc., Railroad Commission of Texas operator number 058893.
- Where is DEVITT?
- DEVITT is a Texas oil lease in Terry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66378.
- Is DEVITT still producing?
- DEVITT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DEVITT is August 2026.
- How much has DEVITT produced?
- DEVITT has reported 128,586 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is DEVITT worth?
- The remaining production from DEVITT is estimated to be worth about $219K in total as of 26 August 2026, within a range of $121K to $318K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DEVITT is a fraction of it. The estimate fits an Arps decline curve to the production DEVITT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DEVITT is an estimate of value, not an offer and not an appraisal.
- How much income does DEVITT generate in a year?
- DEVITT is forecast to net about $42K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DEVITT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BC Operating, Inc. |
|---|---|
| Field | Slaughter (Clear Fork 7190) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 66378 |
| Wellbores | 1 |
| Reported production | 128,586 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $219K |
Where DEVITT 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.