MABEE L 1-2

MABEE L 1-2 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by De Iv Operating, Llc. It has 2 wellbores on file with the Commission. Reported production runs from September 2022 to August 2026, totalling 585,034 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $198K, with roughly $65K expected over the next twelve months.

OperatorDe Iv Operating, Llc
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number58366
Wellbores2
Reported production585,034 bbl
First reportedSeptember 2022
Last reportedAugust 2026
Estimated royalty value$198K

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.