DAVIS 3
DAVIS 3 is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by SM Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 1,577,996 thousand cubic feet. 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 $573K, with roughly $103K 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 2,463 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 10,263 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 3
- Who operates DAVIS 3?
- DAVIS 3 is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is DAVIS 3?
- DAVIS 3 is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 260343.
- Is DAVIS 3 still producing?
- DAVIS 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAVIS 3 is August 2026.
- How much has DAVIS 3 produced?
- DAVIS 3 has reported 1,577,996 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2010 and August 2026, from 1 wellbore.
- How much is DAVIS 3 worth?
- The remaining production from DAVIS 3 is estimated to be worth about $573K in total as of 26 August 2026, within a range of $476K to $671K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAVIS 3 is a fraction of it. The estimate fits an Arps decline curve to the production DAVIS 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAVIS 3 is an estimate of value, not an offer and not an appraisal.
- How much income does DAVIS 3 generate in a year?
- DAVIS 3 is forecast to net about $103K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAVIS 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Stiles Ranch (Granite Wash Cons) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 260343 |
| Wellbores | 1 |
| Reported production | 1,577,996 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $573K |
Where DAVIS 3 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.