ABELL DEVONIAN UNIT
ABELL DEVONIAN UNIT is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Parker & Parsley Development Co. It has 56 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,017,142 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 $4.4M, with roughly $1.2M 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 1,897 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was May 2016, at 7,558 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 ABELL DEVONIAN UNIT
- Who operates ABELL DEVONIAN UNIT?
- ABELL DEVONIAN UNIT is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is ABELL DEVONIAN UNIT?
- ABELL DEVONIAN UNIT is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 20813.
- Is ABELL DEVONIAN UNIT still producing?
- ABELL DEVONIAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ABELL DEVONIAN UNIT is August 2026.
- How much has ABELL DEVONIAN UNIT produced?
- ABELL DEVONIAN UNIT has reported 3,017,142 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 56 wellbores.
- How much is ABELL DEVONIAN UNIT worth?
- The remaining production from ABELL DEVONIAN UNIT is estimated to be worth about $4.4M in total as of 27 August 2026, within a range of $3.6M to $5.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ABELL DEVONIAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ABELL DEVONIAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ABELL DEVONIAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ABELL DEVONIAN UNIT generate in a year?
- ABELL DEVONIAN UNIT is forecast to net about $1.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ABELL DEVONIAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Abell (Devonian) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 20813 |
| Wellbores | 56 |
| Reported production | 3,017,142 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where ABELL DEVONIAN UNIT 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.