LUCE, ABE
LUCE, ABE is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Gauge Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from December 1999 to August 2026, totalling 15,825 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 $39K, with roughly $8K 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 12 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was March 2021, at 201 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 LUCE, ABE
- Who operates LUCE, ABE?
- LUCE, ABE is operated by Gauge Oil Company, Railroad Commission of Texas operator number 297345.
- Where is LUCE, ABE?
- LUCE, ABE is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 14289.
- Is LUCE, ABE still producing?
- LUCE, ABE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUCE, ABE is August 2026.
- How much has LUCE, ABE produced?
- LUCE, ABE has reported 15,825 barrels of oil (bbl) to the Railroad Commission of Texas between December 1999 and August 2026, from 2 wellbores.
- How much is LUCE, ABE worth?
- The remaining production from LUCE, ABE is estimated to be worth about $39K in total as of 26 August 2026, within a range of $22K to $57K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUCE, ABE is a fraction of it. The estimate fits an Arps decline curve to the production LUCE, ABE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUCE, ABE is an estimate of value, not an offer and not an appraisal.
- How much income does LUCE, ABE generate in a year?
- LUCE, ABE is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LUCE, ABE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gauge Oil Company |
|---|---|
| Field | Luling-Branyon |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 14289 |
| Wellbores | 2 |
| Reported production | 15,825 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $39K |
Where LUCE, ABE 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.