DAWS
DAWS is a Texas oil lease in Young County, Railroad Commission district 09, operated by Bankhead Operating Corp. It has 1 wellbore on file with the Commission. Reported production runs from June 2006 to August 2026, totalling 8,941 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 $21K, with roughly $4K 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 6 barrels a month. Its strongest month on the record we hold was October 2016, at 14 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 DAWS
- Who operates DAWS?
- DAWS is operated by Bankhead Operating Corp., Railroad Commission of Texas operator number 048403.
- Where is DAWS?
- DAWS is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30638.
- Is DAWS still producing?
- DAWS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAWS is August 2026.
- How much has DAWS produced?
- DAWS has reported 8,941 barrels of oil (bbl) to the Railroad Commission of Texas between June 2006 and August 2026, from 1 wellbore.
- How much is DAWS worth?
- The remaining production from DAWS is estimated to be worth about $21K in total as of 26 August 2026, within a range of $0 to $42K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAWS is a fraction of it. The estimate fits an Arps decline curve to the production DAWS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAWS is an estimate of value, not an offer and not an appraisal.
- How much income does DAWS generate in a year?
- DAWS is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAWS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bankhead Operating Corp. |
|---|---|
| Field | Sweeney (Conglomerate, Lower) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 30638 |
| Wellbores | 1 |
| Reported production | 8,941 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $21K |
Where DAWS 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.