ADOBE
ADOBE is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Ormand, Don R. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 15,594 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 $128K, with roughly $25K 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 27 barrels a month. Its strongest month on the record we hold was February 2019, at 75 barrels. 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 ADOBE
- Who operates ADOBE?
- ADOBE is operated by Ormand, Don R., Railroad Commission of Texas operator number 626240.
- Where is ADOBE?
- ADOBE is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 27579.
- Is ADOBE still producing?
- ADOBE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ADOBE is August 2026.
- How much has ADOBE produced?
- ADOBE has reported 15,594 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ADOBE worth?
- The remaining production from ADOBE is estimated to be worth about $128K in total as of 26 August 2026, within a range of $71K to $186K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ADOBE is a fraction of it. The estimate fits an Arps decline curve to the production ADOBE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ADOBE is an estimate of value, not an offer and not an appraisal.
- How much income does ADOBE generate in a year?
- ADOBE is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ADOBE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ormand, Don R. |
|---|---|
| Field | Abell (Permian-General) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 27579 |
| Wellbores | 1 |
| Reported production | 15,594 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $128K |
Where ADOBE 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.