GLASS 28
GLASS 28 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 2 wellbores on file with the Commission. Reported production runs from April 2015 to August 2026, totalling 59,534 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 $2.0M, with roughly $289K 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 135 barrels a month, about 67 per wellbore. Its strongest month on the record we hold was May 2016, at 1,834 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GLASS 28
- Who operates GLASS 28?
- GLASS 28 is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is GLASS 28?
- GLASS 28 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46921.
- Is GLASS 28 still producing?
- GLASS 28 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLASS 28 is August 2026.
- How much has GLASS 28 produced?
- GLASS 28 has reported 59,534 barrels of oil (bbl) to the Railroad Commission of Texas between April 2015 and August 2026, from 2 wellbores.
- How much is GLASS 28 worth?
- The remaining production from GLASS 28 is estimated to be worth about $2.0M in total as of 27 August 2026, within a range of $1.6M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLASS 28 is a fraction of it. The estimate fits an Arps decline curve to the production GLASS 28 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLASS 28 is an estimate of value, not an offer and not an appraisal.
- How much income does GLASS 28 generate in a year?
- GLASS 28 is forecast to net about $289K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GLASS 28 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 46921 |
| Wellbores | 2 |
| Reported production | 59,534 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where GLASS 28 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.