MABEE MN1
MABEE MN1 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 February 2021 to August 2026, totalling 278,068 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 $3.2M, 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 1,799 barrels a month. Its strongest month on the record we hold was January 2022, at 30,042 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 MN1
- Who operates MABEE MN1?
- MABEE MN1 is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is MABEE MN1?
- MABEE MN1 is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55977.
- Is MABEE MN1 still producing?
- MABEE MN1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE MN1 is August 2026.
- How much has MABEE MN1 produced?
- MABEE MN1 has reported 278,068 barrels of oil (bbl) to the Railroad Commission of Texas between February 2021 and August 2026, from 1 wellbore.
- How much is MABEE MN1 worth?
- The remaining production from MABEE MN1 is estimated to be worth about $3.2M in total as of 27 August 2026, within a range of $2.7M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE MN1 is a fraction of it. The estimate fits an Arps decline curve to the production MABEE MN1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE MN1 is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE MN1 generate in a year?
- MABEE MN1 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 MN1 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 | 55977 |
| Wellbores | 1 |
| Reported production | 278,068 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.2M |
Where MABEE MN1 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.