DAVIES ESTATE
DAVIES ESTATE is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Miltex Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 76,938 barrels. The lease is shut in. 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 $257K, with roughly $39K 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 22 barrels a month. Its strongest month on the record we hold was June 2019, at 275 barrels.
Key facts about DAVIES ESTATE
- Who operates DAVIES ESTATE?
- DAVIES ESTATE is operated by Miltex Oil Company, Railroad Commission of Texas operator number 569415.
- Where is DAVIES ESTATE?
- DAVIES ESTATE is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 12201.
- Is DAVIES ESTATE still producing?
- DAVIES ESTATE is shut in. The most recent month of production reported to the Railroad Commission of Texas for DAVIES ESTATE is August 2026.
- How much has DAVIES ESTATE produced?
- DAVIES ESTATE has reported 76,938 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is DAVIES ESTATE worth?
- The remaining production from DAVIES ESTATE is estimated to be worth about $257K in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIES ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production DAVIES ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIES ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIES ESTATE generate in a year?
- DAVIES ESTATE is forecast to net about $39K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DAVIES ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Miltex Oil Company |
|---|---|
| Field | Davis (Devonian) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 12201 |
| Wellbores | 1 |
| Reported production | 76,938 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $257K |
Where DAVIES ESTATE 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.