STABEL
STABEL is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Crescendo Resources, L.P. It has 1 wellbore on file with the Commission. Reported production runs from July 1999 to August 2026, totalling 259,029 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 $85K, with roughly $13K 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 597 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 885 thousand cubic feet. 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 STABEL
- Who operates STABEL?
- STABEL is operated by Crescendo Resources, L.P., Railroad Commission of Texas operator number 189451.
- Where is STABEL?
- STABEL is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 174719.
- Is STABEL still producing?
- STABEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STABEL is August 2026.
- How much has STABEL produced?
- STABEL has reported 259,029 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1999 and August 2026, from 1 wellbore.
- How much is STABEL worth?
- The remaining production from STABEL is estimated to be worth about $85K in total as of 26 August 2026, within a range of $67K to $104K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STABEL is a fraction of it. The estimate fits an Arps decline curve to the production STABEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STABEL is an estimate of value, not an offer and not an appraisal.
- How much income does STABEL generate in a year?
- STABEL is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STABEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crescendo Resources, L.P. |
|---|---|
| Field | Stabel (Lower Morrow) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 174719 |
| Wellbores | 1 |
| Reported production | 259,029 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $85K |
Where STABEL 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.