MABEE WL 24-17 C
MABEE WL 24-17 C 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 December 2023 to August 2026, totalling 216,472 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 $5.8M, 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 3,667 barrels a month. Its strongest month on the record we hold was May 2024, at 41,747 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 WL 24-17 C
- Who operates MABEE WL 24-17 C?
- MABEE WL 24-17 C is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is MABEE WL 24-17 C?
- MABEE WL 24-17 C is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61056.
- Is MABEE WL 24-17 C still producing?
- MABEE WL 24-17 C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE WL 24-17 C is August 2026.
- How much has MABEE WL 24-17 C produced?
- MABEE WL 24-17 C has reported 216,472 barrels of oil (bbl) to the Railroad Commission of Texas between December 2023 and August 2026, from 1 wellbore.
- How much is MABEE WL 24-17 C worth?
- The remaining production from MABEE WL 24-17 C is estimated to be worth about $5.8M in total as of 27 August 2026, within a range of $4.8M to $6.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE WL 24-17 C is a fraction of it. The estimate fits an Arps decline curve to the production MABEE WL 24-17 C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE WL 24-17 C is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE WL 24-17 C generate in a year?
- MABEE WL 24-17 C is forecast to net about $1.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MABEE WL 24-17 C 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 | 61056 |
| Wellbores | 1 |
| Reported production | 216,472 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.8M |
Where MABEE WL 24-17 C 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.