MABEE MN3
MABEE MN3 is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2021 to August 2026, totalling 328,031 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 $7.0M, with roughly $1.9M 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 2,516 barrels a month. Its strongest month on the record we hold was January 2022, at 30,446 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 MN3
- Who operates MABEE MN3?
- MABEE MN3 is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is MABEE MN3?
- MABEE MN3 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56033.
- Is MABEE MN3 still producing?
- MABEE MN3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE MN3 is August 2026.
- How much has MABEE MN3 produced?
- MABEE MN3 has reported 328,031 barrels of oil (bbl) to the Railroad Commission of Texas between March 2021 and August 2026, from 1 wellbore.
- How much is MABEE MN3 worth?
- The remaining production from MABEE MN3 is estimated to be worth about $7.0M in total as of 26 August 2026, within a range of $5.8M to $8.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE MN3 is a fraction of it. The estimate fits an Arps decline curve to the production MABEE MN3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE MN3 is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE MN3 generate in a year?
- MABEE MN3 is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MABEE MN3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Diamondback E&P LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 56033 |
| Wellbores | 1 |
| Reported production | 328,031 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.0M |
Where MABEE MN3 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.