MABEE J.E. 'A' NCT-1 X6
MABEE J.E. 'A' NCT-1 X6 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Cog Operating LLC. It has 2 wellbores on file with the Commission. Reported production runs from September 2019 to August 2026, totalling 208,073 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 $356K 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 548 barrels a month, about 274 per wellbore. Its strongest month on the record we hold was October 2019, at 29,526 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 J.E. 'A' NCT-1 X6
- Who operates MABEE J.E. 'A' NCT-1 X6?
- MABEE J.E. 'A' NCT-1 X6 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is MABEE J.E. 'A' NCT-1 X6?
- MABEE J.E. 'A' NCT-1 X6 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54132.
- Is MABEE J.E. 'A' NCT-1 X6 still producing?
- MABEE J.E. 'A' NCT-1 X6 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE J.E. 'A' NCT-1 X6 is August 2026.
- How much has MABEE J.E. 'A' NCT-1 X6 produced?
- MABEE J.E. 'A' NCT-1 X6 has reported 208,073 barrels of oil (bbl) to the Railroad Commission of Texas between September 2019 and August 2026, from 2 wellbores.
- How much is MABEE J.E. 'A' NCT-1 X6 worth?
- The remaining production from MABEE J.E. 'A' NCT-1 X6 is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $971K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE J.E. 'A' NCT-1 X6 is a fraction of it. The estimate fits an Arps decline curve to the production MABEE J.E. 'A' NCT-1 X6 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE J.E. 'A' NCT-1 X6 is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE J.E. 'A' NCT-1 X6 generate in a year?
- MABEE J.E. 'A' NCT-1 X6 is forecast to net about $356K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MABEE J.E. 'A' NCT-1 X6 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 54132 |
| Wellbores | 2 |
| Reported production | 208,073 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where MABEE J.E. 'A' NCT-1 X6 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.