ABASIN
ABASIN is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2020 to August 2026, totalling 252,286 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 $4.4M, 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 1,541 barrels a month. Its strongest month on the record we hold was August 2020, at 23,365 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 ABASIN
- Who operates ABASIN?
- ABASIN is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is ABASIN?
- ABASIN is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55032.
- Is ABASIN still producing?
- ABASIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ABASIN is August 2026.
- How much has ABASIN produced?
- ABASIN has reported 252,286 barrels of oil (bbl) to the Railroad Commission of Texas between July 2020 and August 2026, from 1 wellbore.
- How much is ABASIN worth?
- The remaining production from ABASIN is estimated to be worth about $4.4M in total as of 26 August 2026, within a range of $3.7M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ABASIN is a fraction of it. The estimate fits an Arps decline curve to the production ABASIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ABASIN is an estimate of value, not an offer and not an appraisal.
- How much income does ABASIN generate in a year?
- ABASIN is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ABASIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crownquest Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 55032 |
| Wellbores | 1 |
| Reported production | 252,286 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where ABASIN 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.