MABEE KELTON G 4-1
MABEE KELTON G 4-1 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by De IV Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 185,274 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 $746K 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 2,111 barrels a month. Its strongest month on the record we hold was August 2023, at 21,407 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 KELTON G 4-1
- Who operates MABEE KELTON G 4-1?
- MABEE KELTON G 4-1 is operated by De IV Operating, LLC, Railroad Commission of Texas operator number 100168.
- Where is MABEE KELTON G 4-1?
- MABEE KELTON G 4-1 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59405.
- Is MABEE KELTON G 4-1 still producing?
- MABEE KELTON G 4-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE KELTON G 4-1 is August 2026.
- How much has MABEE KELTON G 4-1 produced?
- MABEE KELTON G 4-1 has reported 185,274 barrels of oil (bbl) to the Railroad Commission of Texas between April 2023 and August 2026, from 1 wellbore.
- How much is MABEE KELTON G 4-1 worth?
- The remaining production from MABEE KELTON G 4-1 is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $926K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE KELTON G 4-1 is a fraction of it. The estimate fits an Arps decline curve to the production MABEE KELTON G 4-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE KELTON G 4-1 is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE KELTON G 4-1 generate in a year?
- MABEE KELTON G 4-1 is forecast to net about $746K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MABEE KELTON G 4-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | De IV Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 59405 |
| Wellbores | 1 |
| Reported production | 185,274 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where MABEE KELTON G 4-1 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.