MABEE 240C X15
MABEE 240C X15 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2019 to August 2026, totalling 56,806 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 $1.1M, with roughly $281K 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 381 barrels a month. Its strongest month on the record we hold was September 2020, at 1,807 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 X15
- Who operates MABEE 240C X15?
- MABEE 240C X15 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is MABEE 240C X15?
- MABEE 240C X15 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55500.
- Is MABEE 240C X15 still producing?
- MABEE 240C X15 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE 240C X15 is August 2026.
- How much has MABEE 240C X15 produced?
- MABEE 240C X15 has reported 56,806 barrels of oil (bbl) to the Railroad Commission of Texas between November 2019 and August 2026, from 1 wellbore.
- How much is MABEE 240C X15 worth?
- The remaining production from MABEE 240C X15 is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $843K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE 240C X15 is a fraction of it. The estimate fits an Arps decline curve to the production MABEE 240C X15 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 X15 is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE 240C X15 generate in a year?
- MABEE 240C X15 is forecast to net about $281K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MABEE 240C X15 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 | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 55500 |
| Wellbores | 1 |
| Reported production | 56,806 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where MABEE 240C X15 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.