MBE

MBE is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Firebird Energy Ii Llc. It has 8 wellbores on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 1,545,804 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 $1.3M, with roughly $891K expected over the next twelve months.

OperatorFirebird Energy Ii Llc
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number61355
Wellbores8
Reported production1,545,804 bbl
First reportedNovember 2023
Last reportedAugust 2026
Estimated royalty value$1.3M

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.