ABU GARCIA 28-16 G
ABU GARCIA 28-16 G is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 3 wellbores on file with the Commission. Reported production runs from May 2024 to August 2026, totalling 856,321 barrels. The lease is intermittent. 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 $9.1M, with roughly $6.3M 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 34,180 barrels a month, about 11,393 per wellbore. Its strongest month on the record we hold was March 2025, at 128,775 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 ABU GARCIA 28-16 G
- Who operates ABU GARCIA 28-16 G?
- ABU GARCIA 28-16 G is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is ABU GARCIA 28-16 G?
- ABU GARCIA 28-16 G is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61669.
- Is ABU GARCIA 28-16 G still producing?
- ABU GARCIA 28-16 G is intermittent. The most recent month of production reported to the Railroad Commission of Texas for ABU GARCIA 28-16 G is August 2026.
- How much has ABU GARCIA 28-16 G produced?
- ABU GARCIA 28-16 G has reported 856,321 barrels of oil (bbl) to the Railroad Commission of Texas between May 2024 and August 2026, from 3 wellbores.
- How much is ABU GARCIA 28-16 G worth?
- The remaining production from ABU GARCIA 28-16 G is estimated to be worth about $9.1M in total as of 26 August 2026, within a range of $7.5M to $10.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ABU GARCIA 28-16 G is a fraction of it. The estimate fits an Arps decline curve to the production ABU GARCIA 28-16 G has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ABU GARCIA 28-16 G is an estimate of value, not an offer and not an appraisal.
- How much income does ABU GARCIA 28-16 G generate in a year?
- ABU GARCIA 28-16 G is forecast to net about $6.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ABU GARCIA 28-16 G receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 61669 |
| Wellbores | 3 |
| Reported production | 856,321 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.1M |
Where ABU GARCIA 28-16 G 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.