DAVETTE
DAVETTE is a Texas oil lease in Wharton County, Railroad Commission district 03, operated by JRP Production, LLC. It has 5 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 3,926 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 $70K, with roughly $13K 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 18 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was November 2016, at 68 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 DAVETTE
- Who operates DAVETTE?
- DAVETTE is operated by JRP Production, LLC, Railroad Commission of Texas operator number 427882.
- Where is DAVETTE?
- DAVETTE is a Texas oil lease in Wharton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25883.
- Is DAVETTE still producing?
- DAVETTE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVETTE is August 2026.
- How much has DAVETTE produced?
- DAVETTE has reported 3,926 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 5 wellbores.
- How much is DAVETTE worth?
- The remaining production from DAVETTE is estimated to be worth about $70K in total as of 26 August 2026, within a range of $39K to $102K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVETTE is a fraction of it. The estimate fits an Arps decline curve to the production DAVETTE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVETTE is an estimate of value, not an offer and not an appraisal.
- How much income does DAVETTE generate in a year?
- DAVETTE is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAVETTE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | JRP Production, LLC |
|---|---|
| Field | Boling |
| County | Wharton County, Texas |
| RRC district | 03 |
| Lease number | 25883 |
| Wellbores | 5 |
| Reported production | 3,926 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $70K |
Where DAVETTE 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.