ALABASTER
ALABASTER is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Siana Oil & Gas. It has 3 wellbores on file with the Commission. Reported production runs from November 2006 to August 2026, totalling 236,529 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 $889K, with roughly $171K 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 227 barrels a month, about 76 per wellbore. Its strongest month on the record we hold was May 2016, at 972 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 ALABASTER
- Who operates ALABASTER?
- ALABASTER is operated by Siana Oil & Gas, Railroad Commission of Texas operator number 779259.
- Where is ALABASTER?
- ALABASTER is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69221.
- Is ALABASTER still producing?
- ALABASTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALABASTER is August 2026.
- How much has ALABASTER produced?
- ALABASTER has reported 236,529 barrels of oil (bbl) to the Railroad Commission of Texas between November 2006 and August 2026, from 3 wellbores.
- How much is ALABASTER worth?
- The remaining production from ALABASTER is estimated to be worth about $889K in total as of 26 August 2026, within a range of $693K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALABASTER is a fraction of it. The estimate fits an Arps decline curve to the production ALABASTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALABASTER is an estimate of value, not an offer and not an appraisal.
- How much income does ALABASTER generate in a year?
- ALABASTER is forecast to net about $171K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALABASTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Siana Oil & Gas |
|---|---|
| Field | Elzibeth (Gin Sand) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 69221 |
| Wellbores | 3 |
| Reported production | 236,529 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $889K |
Where ALABASTER 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.