MABEE 30E
MABEE 30E is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 2 wellbores on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 475,572 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 $7.8M, with roughly $2.4M 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 3,681 barrels a month, about 1,841 per wellbore. Its strongest month on the record we hold was May 2023, at 80,375 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 30E
- Who operates MABEE 30E?
- MABEE 30E is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is MABEE 30E?
- MABEE 30E is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62525.
- Is MABEE 30E still producing?
- MABEE 30E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE 30E is August 2026.
- How much has MABEE 30E produced?
- MABEE 30E has reported 475,572 barrels of oil (bbl) to the Railroad Commission of Texas between April 2023 and August 2026, from 2 wellbores.
- How much is MABEE 30E worth?
- The remaining production from MABEE 30E is estimated to be worth about $7.8M in total as of 27 August 2026, within a range of $6.5M to $9.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE 30E is a fraction of it. The estimate fits an Arps decline curve to the production MABEE 30E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE 30E is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE 30E generate in a year?
- MABEE 30E is forecast to net about $2.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MABEE 30E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 62525 |
| Wellbores | 2 |
| Reported production | 475,572 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.8M |
Where MABEE 30E 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.