BILLY (ABO) UNIT
BILLY (ABO) UNIT is a Texas oil lease in Lamb County, Railroad Commission district 8A, operated by Whiting Oil And Gas Corporation. It has 18 wellbores on file with the Commission. Reported production runs from September 2005 to August 2026, totalling 1,115,240 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 $5.5M, with roughly $1.3M 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 1,752 barrels a month, about 97 per wellbore. Its strongest month on the record we hold was July 2016, at 3,960 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 BILLY (ABO) UNIT
- Who operates BILLY (ABO) UNIT?
- BILLY (ABO) UNIT is operated by Whiting Oil And Gas Corporation, Railroad Commission of Texas operator number 920478.
- Where is BILLY (ABO) UNIT?
- BILLY (ABO) UNIT is a Texas oil lease in Lamb County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68792.
- Is BILLY (ABO) UNIT still producing?
- BILLY (ABO) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BILLY (ABO) UNIT is August 2026.
- How much has BILLY (ABO) UNIT produced?
- BILLY (ABO) UNIT has reported 1,115,240 barrels of oil (bbl) to the Railroad Commission of Texas between September 2005 and August 2026, from 18 wellbores.
- How much is BILLY (ABO) UNIT worth?
- The remaining production from BILLY (ABO) UNIT is estimated to be worth about $5.5M in total as of 26 August 2026, within a range of $4.5M to $6.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BILLY (ABO) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BILLY (ABO) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BILLY (ABO) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BILLY (ABO) UNIT generate in a year?
- BILLY (ABO) UNIT is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BILLY (ABO) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Whiting Oil And Gas Corporation |
|---|---|
| Field | Billy (Abo) |
| County | Lamb County, Texas |
| RRC district | 8A |
| Lease number | 68792 |
| Wellbores | 18 |
| Reported production | 1,115,240 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.5M |
Where BILLY (ABO) 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.