ABEL 18G
ABEL 18G is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 2 wellbores on file with the Commission. Reported production runs from December 2019 to August 2026, totalling 504,838 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 $2.5M, with roughly $1.2M 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 2,605 barrels a month, about 1,302 per wellbore. Its strongest month on the record we hold was January 2020, at 54,233 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 ABEL 18G
- Who operates ABEL 18G?
- ABEL 18G is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is ABEL 18G?
- ABEL 18G is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54464.
- Is ABEL 18G still producing?
- ABEL 18G is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ABEL 18G is August 2026.
- How much has ABEL 18G produced?
- ABEL 18G has reported 504,838 barrels of oil (bbl) to the Railroad Commission of Texas between December 2019 and August 2026, from 2 wellbores.
- How much is ABEL 18G worth?
- The remaining production from ABEL 18G is estimated to be worth about $2.5M in total as of 27 August 2026, within a range of $2.1M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ABEL 18G is a fraction of it. The estimate fits an Arps decline curve to the production ABEL 18G has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ABEL 18G is an estimate of value, not an offer and not an appraisal.
- How much income does ABEL 18G generate in a year?
- ABEL 18G is forecast to net about $1.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ABEL 18G receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 54464 |
| Wellbores | 2 |
| Reported production | 504,838 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where ABEL 18G 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.