ABU GARCIA 28-16 W
ABU GARCIA 28-16 W is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2024 to August 2026, totalling 258,780 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 $2.7M, with roughly $1.6M 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 8,997 barrels a month. Its strongest month on the record we hold was February 2025, at 53,976 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 ABU GARCIA 28-16 W
- Who operates ABU GARCIA 28-16 W?
- ABU GARCIA 28-16 W is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is ABU GARCIA 28-16 W?
- ABU GARCIA 28-16 W is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61841.
- Is ABU GARCIA 28-16 W still producing?
- ABU GARCIA 28-16 W is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ABU GARCIA 28-16 W is August 2026.
- How much has ABU GARCIA 28-16 W produced?
- ABU GARCIA 28-16 W has reported 258,780 barrels of oil (bbl) to the Railroad Commission of Texas between August 2024 and August 2026, from 1 wellbore.
- How much is ABU GARCIA 28-16 W worth?
- The remaining production from ABU GARCIA 28-16 W is estimated to be worth about $2.7M in total as of 26 August 2026, within a range of $2.2M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ABU GARCIA 28-16 W is a fraction of it. The estimate fits an Arps decline curve to the production ABU GARCIA 28-16 W 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 W is an estimate of value, not an offer and not an appraisal.
- How much income does ABU GARCIA 28-16 W generate in a year?
- ABU GARCIA 28-16 W is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ABU GARCIA 28-16 W 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 | 61841 |
| Wellbores | 1 |
| Reported production | 258,780 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where ABU GARCIA 28-16 W 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.