MABEE 239 X3
MABEE 239 X3 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Cog Operating Llc. It has 1 wellbore on file with the Commission. Reported production runs from June 2025 to August 2026, totalling 10,759 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 $75K, with roughly $16K expected over the next twelve months.
| Operator | Cog Operating Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 63773 |
| Wellbores | 1 |
| Reported production | 10,759 bbl |
| First reported | June 2025 |
| Last reported | August 2026 |
| Estimated royalty value | $75K |
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.