WAB-EVELYN
WAB-EVELYN is a Texas oil lease in Carson County, Railroad Commission district 10, operated by Adobe Operating Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 186,122 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 $730K, with roughly $163K 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 251 barrels a month, about 63 per wellbore. Its strongest month on the record we hold was April 2019, at 788 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 WAB-EVELYN
- Who operates WAB-EVELYN?
- WAB-EVELYN is operated by Adobe Operating Company, Railroad Commission of Texas operator number 008391.
- Where is WAB-EVELYN?
- WAB-EVELYN is a Texas oil lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 05586.
- Is WAB-EVELYN still producing?
- WAB-EVELYN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAB-EVELYN is August 2026.
- How much has WAB-EVELYN produced?
- WAB-EVELYN has reported 186,122 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is WAB-EVELYN worth?
- The remaining production from WAB-EVELYN is estimated to be worth about $730K in total as of 26 August 2026, within a range of $569K to $890K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAB-EVELYN is a fraction of it. The estimate fits an Arps decline curve to the production WAB-EVELYN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAB-EVELYN is an estimate of value, not an offer and not an appraisal.
- How much income does WAB-EVELYN generate in a year?
- WAB-EVELYN is forecast to net about $163K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WAB-EVELYN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Adobe Operating Company |
|---|---|
| Field | Panhandle Carson County Field |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 05586 |
| Wellbores | 4 |
| Reported production | 186,122 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $730K |
Where WAB-EVELYN 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.