ABSTON "A"
ABSTON "A" is a Texas gas lease in Foard County, Railroad Commission district 09, operated by Palmer Petroleum Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2005 to August 2026, totalling 39,647 thousand cubic feet. 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 $7K, with roughly $840 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 19 thousand cubic feet a month. Its strongest month on the record we hold was January 2026, at 80 thousand cubic feet. 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 ABSTON "A"
- Who operates ABSTON "A"?
- ABSTON "A" is operated by Palmer Petroleum Inc., Railroad Commission of Texas operator number 636222.
- Where is ABSTON "A"?
- ABSTON "A" is a Texas gas lease in Foard County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 214638.
- Is ABSTON "A" still producing?
- ABSTON "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ABSTON "A" is August 2026.
- How much has ABSTON "A" produced?
- ABSTON "A" has reported 39,647 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2005 and August 2026, from 1 wellbore.
- How much is ABSTON "A" worth?
- The remaining production from ABSTON "A" is estimated to be worth about $7K in total as of 26 August 2026, within a range of $4K to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ABSTON "A" is a fraction of it. The estimate fits an Arps decline curve to the production ABSTON "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ABSTON "A" is an estimate of value, not an offer and not an appraisal.
- How much income does ABSTON "A" generate in a year?
- ABSTON "A" is forecast to net about $840 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ABSTON "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Palmer Petroleum Inc. |
|---|---|
| Field | Thalia (Wichita Falls) |
| County | Foard County, Texas |
| RRC district | 09 |
| Lease number | 214638 |
| Wellbores | 1 |
| Reported production | 39,647 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where ABSTON "A" 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.