ABBIE LAINE 30E
ABBIE LAINE 30E is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 3 wellbores on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 549,228 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 $7.3M, with roughly $1.9M 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 2,410 barrels a month, about 803 per wellbore. Its strongest month on the record we hold was December 2020, at 42,387 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 30E
- Who operates ABBIE LAINE 30E?
- ABBIE LAINE 30E is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is ABBIE LAINE 30E?
- ABBIE LAINE 30E is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54657.
- Is ABBIE LAINE 30E still producing?
- ABBIE LAINE 30E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ABBIE LAINE 30E is August 2026.
- How much has ABBIE LAINE 30E produced?
- ABBIE LAINE 30E has reported 549,228 barrels of oil (bbl) to the Railroad Commission of Texas between April 2020 and August 2026, from 3 wellbores.
- How much is ABBIE LAINE 30E worth?
- The remaining production from ABBIE LAINE 30E is estimated to be worth about $7.3M in total as of 26 August 2026, within a range of $6.0M to $8.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ABBIE LAINE 30E is a fraction of it. The estimate fits an Arps decline curve to the production ABBIE LAINE 30E 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 30E is an estimate of value, not an offer and not an appraisal.
- How much income does ABBIE LAINE 30E generate in a year?
- ABBIE LAINE 30E is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ABBIE LAINE 30E 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 | Midland County, Texas |
| RRC district | 08 |
| Lease number | 54657 |
| Wellbores | 3 |
| Reported production | 549,228 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.3M |
Where ABBIE LAINE 30E 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.