MABEE 239D
MABEE 239D is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Reliance Energy, Inc. It has 23 wellbores on file with the Commission. Reported production runs from September 2010 to August 2026, totalling 1,008,381 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 $1.2M, with roughly $633K 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 1,265 barrels a month, about 55 per wellbore. Its strongest month on the record we hold was July 2016, at 7,809 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 239D
- Who operates MABEE 239D?
- MABEE 239D is operated by Reliance Energy, Inc., Railroad Commission of Texas operator number 700995.
- Where is MABEE 239D?
- MABEE 239D is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40730.
- Is MABEE 239D still producing?
- MABEE 239D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE 239D is August 2026.
- How much has MABEE 239D produced?
- MABEE 239D has reported 1,008,381 barrels of oil (bbl) to the Railroad Commission of Texas between September 2010 and August 2026, from 23 wellbores.
- How much is MABEE 239D worth?
- The remaining production from MABEE 239D is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $965K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE 239D is a fraction of it. The estimate fits an Arps decline curve to the production MABEE 239D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE 239D is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE 239D generate in a year?
- MABEE 239D is forecast to net about $633K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MABEE 239D 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 | Martin County, Texas |
| RRC district | 08 |
| Lease number | 40730 |
| Wellbores | 23 |
| Reported production | 1,008,381 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where MABEE 239D 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.