ABU GARCIA 28-16 R
ABU GARCIA 28-16 R 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 September 2024 to August 2026, totalling 318,252 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $95K, with roughly $69K expected over the next twelve months.
| Operator | Diamondback E&P Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 62071 |
| Wellbores | 1 |
| Reported production | 318,252 bbl |
| First reported | September 2024 |
| Last reported | August 2026 |
| Estimated royalty value | $95K |
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.