GIVAN, BESS
GIVAN, BESS is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by Aratex Production Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 125,113 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 $747K, with roughly $143K 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 191 barrels a month, about 95 per wellbore. Its strongest month on the record we hold was October 2023, at 461 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GIVAN, BESS
- Who operates GIVAN, BESS?
- GIVAN, BESS is operated by Aratex Production Company, Railroad Commission of Texas operator number 028723.
- Where is GIVAN, BESS?
- GIVAN, BESS is a Texas oil lease in Terry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 16203.
- Is GIVAN, BESS still producing?
- GIVAN, BESS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIVAN, BESS is August 2026.
- How much has GIVAN, BESS produced?
- GIVAN, BESS has reported 125,113 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is GIVAN, BESS worth?
- The remaining production from GIVAN, BESS is estimated to be worth about $747K in total as of 26 August 2026, within a range of $583K to $912K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIVAN, BESS is a fraction of it. The estimate fits an Arps decline curve to the production GIVAN, BESS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIVAN, BESS is an estimate of value, not an offer and not an appraisal.
- How much income does GIVAN, BESS generate in a year?
- GIVAN, BESS is forecast to net about $143K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GIVAN, BESS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Aratex Production Company |
|---|---|
| Field | Leeper (Glorieta) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 16203 |
| Wellbores | 2 |
| Reported production | 125,113 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $747K |
Where GIVAN, BESS 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.