ABACO STATE DEEP UNIT
ABACO STATE DEEP UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Permian Resources Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2024 to August 2026, totalling 552,275 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 $7.9M, with roughly $2.3M 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 15,936 thousand cubic feet a month. Its strongest month on the record we hold was September 2024, at 85,229 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 ABACO STATE DEEP UNIT
- Who operates ABACO STATE DEEP UNIT?
- ABACO STATE DEEP UNIT is operated by Permian Resources Operating, LLC, Railroad Commission of Texas operator number 100852.
- Where is ABACO STATE DEEP UNIT?
- ABACO STATE DEEP UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 298962.
- Is ABACO STATE DEEP UNIT still producing?
- ABACO STATE DEEP UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ABACO STATE DEEP UNIT is August 2026.
- How much has ABACO STATE DEEP UNIT produced?
- ABACO STATE DEEP UNIT has reported 552,275 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2024 and August 2026, from 1 wellbore.
- How much is ABACO STATE DEEP UNIT worth?
- The remaining production from ABACO STATE DEEP UNIT is estimated to be worth about $7.9M in total as of 27 August 2026, within a range of $6.5M to $9.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ABACO STATE DEEP UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ABACO STATE DEEP UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ABACO STATE DEEP UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ABACO STATE DEEP UNIT generate in a year?
- ABACO STATE DEEP UNIT is forecast to net about $2.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ABACO STATE DEEP UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Permian Resources Operating, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 298962 |
| Wellbores | 1 |
| Reported production | 552,275 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.9M |
Where ABACO STATE DEEP 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.