MABEE "OH"

MABEE "OH" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Reliance Energy, Inc. It has 17 wellbores on file with the Commission. Reported production runs from December 2007 to August 2026, totalling 2,126,897 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 $1.4M, with roughly $361K 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 579 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was July 2016, at 18,329 barrels. 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 MABEE "OH"

Who operates MABEE "OH"?
MABEE "OH" is operated by Reliance Energy, Inc., Railroad Commission of Texas operator number 700995.
Where is MABEE "OH"?
MABEE "OH" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38657.
Is MABEE "OH" still producing?
MABEE "OH" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE "OH" is August 2026.
How much has MABEE "OH" produced?
MABEE "OH" has reported 2,126,897 barrels of oil (bbl) to the Railroad Commission of Texas between December 2007 and August 2026, from 17 wellbores.
How much is MABEE "OH" worth?
The remaining production from MABEE "OH" is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE "OH" is a fraction of it. The estimate fits an Arps decline curve to the production MABEE "OH" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE "OH" is an estimate of value, not an offer and not an appraisal.
How much income does MABEE "OH" generate in a year?
MABEE "OH" is forecast to net about $361K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MABEE "OH" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MABEE "OH" as filed with the Railroad Commission of Texas
OperatorReliance Energy, Inc.
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number38657
Wellbores17
Reported production2,126,897 bbl
First reported
Last reported
Estimated royalty value$1.4M

Where MABEE "OH" 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.