TEXAS TEA
TEXAS TEA is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Abarta Oil & Gas Co., Inc. It has 2 wellbores on file with the Commission. Reported production runs from June 2002 to August 2026, totalling 11,490 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 $206K, with roughly $40K 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 132 barrels a month, about 66 per wellbore. Its strongest month on the record we hold was September 2018, at 1,807 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 TEXAS TEA
- Who operates TEXAS TEA?
- TEXAS TEA is operated by Abarta Oil & Gas Co., Inc., Railroad Commission of Texas operator number 000918.
- Where is TEXAS TEA?
- TEXAS TEA is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50872.
- Is TEXAS TEA still producing?
- TEXAS TEA is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TEXAS TEA is August 2026.
- How much has TEXAS TEA produced?
- TEXAS TEA has reported 11,490 barrels of oil (bbl) to the Railroad Commission of Texas between June 2002 and August 2026, from 2 wellbores.
- How much is TEXAS TEA worth?
- The remaining production from TEXAS TEA is estimated to be worth about $206K in total as of 26 August 2026, within a range of $161K to $252K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXAS TEA is a fraction of it. The estimate fits an Arps decline curve to the production TEXAS TEA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXAS TEA is an estimate of value, not an offer and not an appraisal.
- How much income does TEXAS TEA generate in a year?
- TEXAS TEA is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXAS TEA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Abarta Oil & Gas Co., Inc. |
|---|---|
| Field | Block A-34, Northwest (Glorieta) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 50872 |
| Wellbores | 2 |
| Reported production | 11,490 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $206K |
Where TEXAS TEA 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.