MABEE 240B
MABEE 240B is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Reliance Energy, Inc. It has 36 wellbores on file with the Commission. Reported production runs from November 2009 to August 2026, totalling 2,586,184 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 $3.3M, with roughly $1.2M 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 1,128 barrels a month, about 31 per wellbore. Its strongest month on the record we hold was April 2017, at 27,450 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 240B
- Who operates MABEE 240B?
- MABEE 240B is operated by Reliance Energy, Inc., Railroad Commission of Texas operator number 700995.
- Where is MABEE 240B?
- MABEE 240B is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39879.
- Is MABEE 240B still producing?
- MABEE 240B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE 240B is August 2026.
- How much has MABEE 240B produced?
- MABEE 240B has reported 2,586,184 barrels of oil (bbl) to the Railroad Commission of Texas between November 2009 and August 2026, from 36 wellbores.
- How much is MABEE 240B worth?
- The remaining production from MABEE 240B is estimated to be worth about $3.3M in total as of 27 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE 240B is a fraction of it. The estimate fits an Arps decline curve to the production MABEE 240B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE 240B is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE 240B generate in a year?
- MABEE 240B is forecast to net about $1.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MABEE 240B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reliance Energy, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 39879 |
| Wellbores | 36 |
| Reported production | 2,586,184 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where MABEE 240B 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.