ABACO STATE SHALLOW UNIT
ABACO STATE SHALLOW UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Permian Resources Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2024 to August 2026, totalling 432,697 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 $5.1M, with roughly $2.2M 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 14,342 thousand cubic feet a month. Its strongest month on the record we hold was September 2024, at 40,882 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 ABACO STATE SHALLOW UNIT
- Who operates ABACO STATE SHALLOW UNIT?
- ABACO STATE SHALLOW UNIT is operated by Permian Resources Operating, LLC, Railroad Commission of Texas operator number 100852.
- Where is ABACO STATE SHALLOW UNIT?
- ABACO STATE SHALLOW UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 298784.
- Is ABACO STATE SHALLOW UNIT still producing?
- ABACO STATE SHALLOW UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ABACO STATE SHALLOW UNIT is August 2026.
- How much has ABACO STATE SHALLOW UNIT produced?
- ABACO STATE SHALLOW UNIT has reported 432,697 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2024 and August 2026, from 1 wellbore.
- How much is ABACO STATE SHALLOW UNIT worth?
- The remaining production from ABACO STATE SHALLOW UNIT is estimated to be worth about $5.1M in total as of 26 August 2026, within a range of $4.2M to $6.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ABACO STATE SHALLOW UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ABACO STATE SHALLOW UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ABACO STATE SHALLOW UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ABACO STATE SHALLOW UNIT generate in a year?
- ABACO STATE SHALLOW UNIT is forecast to net about $2.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ABACO STATE SHALLOW UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Permian Resources Operating, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 298784 |
| Wellbores | 1 |
| Reported production | 432,697 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.1M |
Where ABACO STATE SHALLOW UNIT 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.