ABBIE LAINE 30G
ABBIE LAINE 30G is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 5 wellbores on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 1,033,116 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 $1.3M, with roughly $225K 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 1,142 barrels a month, about 228 per wellbore. Its strongest month on the record we hold was March 2017, at 106,351 barrels. 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 ABBIE LAINE 30G
- Who operates ABBIE LAINE 30G?
- ABBIE LAINE 30G is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is ABBIE LAINE 30G?
- ABBIE LAINE 30G is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48919.
- Is ABBIE LAINE 30G still producing?
- ABBIE LAINE 30G is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ABBIE LAINE 30G is August 2026.
- How much has ABBIE LAINE 30G produced?
- ABBIE LAINE 30G has reported 1,033,116 barrels of oil (bbl) to the Railroad Commission of Texas between February 2017 and August 2026, from 5 wellbores.
- How much is ABBIE LAINE 30G worth?
- The remaining production from ABBIE LAINE 30G is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.1M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ABBIE LAINE 30G is a fraction of it. The estimate fits an Arps decline curve to the production ABBIE LAINE 30G has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ABBIE LAINE 30G is an estimate of value, not an offer and not an appraisal.
- How much income does ABBIE LAINE 30G generate in a year?
- ABBIE LAINE 30G is forecast to net about $225K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ABBIE LAINE 30G 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 | Midland County, Texas |
| RRC district | 08 |
| Lease number | 48919 |
| Wellbores | 5 |
| Reported production | 1,033,116 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where ABBIE LAINE 30G 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.