MABEE 1 318F
MABEE 1 318F is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 2 wellbores on file with the Commission. Reported production runs from November 2015 to August 2026, totalling 788,895 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 $3.6M, with roughly $734K 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 858 barrels a month, about 429 per wellbore. Its strongest month on the record we hold was July 2016, at 38,327 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 1 318F
- Who operates MABEE 1 318F?
- MABEE 1 318F is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is MABEE 1 318F?
- MABEE 1 318F is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48107.
- Is MABEE 1 318F still producing?
- MABEE 1 318F is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE 1 318F is August 2026.
- How much has MABEE 1 318F produced?
- MABEE 1 318F has reported 788,895 barrels of oil (bbl) to the Railroad Commission of Texas between November 2015 and August 2026, from 2 wellbores.
- How much is MABEE 1 318F worth?
- The remaining production from MABEE 1 318F is estimated to be worth about $3.6M in total as of 27 August 2026, within a range of $2.8M to $4.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE 1 318F is a fraction of it. The estimate fits an Arps decline curve to the production MABEE 1 318F has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE 1 318F is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE 1 318F generate in a year?
- MABEE 1 318F is forecast to net about $734K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MABEE 1 318F receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 48107 |
| Wellbores | 2 |
| Reported production | 788,895 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.6M |
Where MABEE 1 318F 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.