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Davis Holdings L.P
1500 McGowen St , Suite 200, Houston, Texas, United States

Memberships : NA
Industry : Oil & Gas
Basic Member
Since Dec, 2019
About Company

Davis Holdings L.P. is a privately held company with areas of expertise in Real Estate, Oil and Gas Exploration and Development and different aspects of venture capital.

Davis Holdings L.P. originates, develops, manages, and leases its properties in house and usually maintains ownership for an extended period of time. In addition, Davis Holdings L.P. creates value through the acquisition of existing properties through redevelopment, evaluation of tenants, and adjusting the asset base to maximize return.

Oil & Gas

Davis Holdings L.P. and affiliates has interests in or operates over 50 various properties located in Texas and Oklahoma. In addition, there are 12 active prospects in the companys portfolio.  Davis Holdings L.P. focus area is in Hardin and Jasper Counties, Texas where the success of exploration efforts has been in the Yegua and Wilcox sands. Davis Holdings L.P. is continuing to actively lease and drill in this area.

Summary of Oil and Gas Expertise:   

  • 30 Years Oil and Gas Experience
  • Proven Tract Record
  • Core Investor Group
  • Experienced Staff of Professionals

Mississippi - Alabama Program
The largest major program conceived and implemented by Davis Bros. in the 1970s was its participation in the efforts of Davis McCoy, Inc. This company was organized by Davis Bros. to conduct an extensive exploration program on behalf of Public Service Company of Oklahoma and Gulf States Utilities of Beaumont, Texas.

This program acquired in excess of 400,000 net acres of leases and 2,000 miles of seismic data over a three year period. The first prospect drilled in this program yielded an outstanding Smackover discovery which opened up the Chunchula Field in Mobile County, Alabama. Subsequent to the discovery. thirty-Four (34) producing wells were successfully completed, yielding similar productivity.

Reservoir studies of this field conducted by the operator, Union Oil of California. indicated recoverable condensate reserves or 102 million barrels and recoverable gas reserves of 179 billion cubic feet.
During the term of the project, an agreement was effected with the largest independently owned oil partnership in Norway to participate in the venture, which provided for a two phase commitment. The first phase required the Norwegians to expend $22.5 million in exploration and drilling on the 400,000 net acre leasehold position in order to earn an interest in the block, excluding all ownership in the Chunchula Field. The second phase dealt with their funding of development drilling expenditures on each prospect after the initial exploratory well had been drilled. This program developed the Waveland Field in Hancock County. Mississippi where it established excellent gas reserves in the Mooringsport Formation at approximately 13,000 Feet. Deep drilling on the program acreage resulted in the discovery of Catahoula Creek Field in Hancock County, Mississippi. This program also developed excellent gas reserves in the Anadarko Basin of Oklahoma.

Mineral Holdings

Complementing its other exploration activities, Davis Bros. owns and/or manages in excess of 500,000 gross acres of mineral interests in twenty-two states. These acquisitions represent the entire mineral assets of The Alliance Life Insurance Company, Peoria, Illinois; The Central Standard Life Insurance Company, Chicago, Illinois; The Commerce Trust Bank, Kansas City, Missouri; The Wilbe Lumber Company, Des Moines, Iowa; and the interests or numerous individuals and estates. These mineral interests arc primarily concentrated in the Anadarko and Arkoma Basins in Oklahoma, the Delaware Basin of Texas and New Mexico, and the Salt Basin and Smackover Provinces of Mississippi . Rather than operating its mineral assets as would a typical royalty company. the philosophy of Davis Bros. is not to grant leases on its minerals until it has first considered participating in the drilling of wells, This approach allows Davis Bros, to consider its proprietary minerals as paid up leases which hold potential for development as warranted.

 

Company NameDavis Holdings L.P
Business CategoryOil & Gas
Address1500 McGowen St
Suite 200
Houston
Texas
United States
ZIP: 77004
PresidentNA
Year Established1945
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Oil Production
  • Gas Production
  • Oil Exploration
  • Gas Exploration
  • Real Estate
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