MABEE UNIT
MABEE UNIT is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Texaco E & P Inc. It has 919 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 37,902,607 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 $88.3M, with roughly $20.0M 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 28,386 barrels a month, about 31 per wellbore. Its strongest month on the record we hold was March 2017, at 55,470 barrels. 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 MABEE UNIT
- Who operates MABEE UNIT?
- MABEE UNIT is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is MABEE UNIT?
- MABEE UNIT is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 04010.
- Is MABEE UNIT still producing?
- MABEE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE UNIT is August 2026.
- How much has MABEE UNIT produced?
- MABEE UNIT has reported 37,902,607 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 919 wellbores.
- How much is MABEE UNIT worth?
- The remaining production from MABEE UNIT is estimated to be worth about $88.3M in total as of 26 August 2026, within a range of $72.4M to $104.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MABEE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE UNIT generate in a year?
- MABEE UNIT is forecast to net about $20.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MABEE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Mabee |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 04010 |
| Wellbores | 919 |
| Reported production | 37,902,607 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $88.3M |
Where MABEE 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.