MABEE 240C
MABEE 240C is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Reliance Energy, Inc. It has 83 wellbores on file with the Commission. Reported production runs from February 2009 to August 2026, totalling 9,045,541 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 $2.4M, with roughly $704K 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 873 barrels a month, about 11 per wellbore. Its strongest month on the record we hold was July 2018, at 328,935 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 240C
- Who operates MABEE 240C?
- MABEE 240C is operated by Reliance Energy, Inc., Railroad Commission of Texas operator number 700995.
- Where is MABEE 240C?
- MABEE 240C is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39493.
- Is MABEE 240C still producing?
- MABEE 240C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE 240C is August 2026.
- How much has MABEE 240C produced?
- MABEE 240C has reported 9,045,541 barrels of oil (bbl) to the Railroad Commission of Texas between February 2009 and August 2026, from 83 wellbores.
- How much is MABEE 240C worth?
- The remaining production from MABEE 240C is estimated to be worth about $2.4M in total as of 27 August 2026, within a range of $1.8M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE 240C is a fraction of it. The estimate fits an Arps decline curve to the production MABEE 240C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE 240C is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE 240C generate in a year?
- MABEE 240C is forecast to net about $704K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MABEE 240C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reliance Energy, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 39493 |
| Wellbores | 83 |
| Reported production | 9,045,541 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where MABEE 240C 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.