MABEE WL 24-17 A
MABEE WL 24-17 A is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Diamondback E&P LLC. It has 2 wellbores on file with the Commission. Reported production runs from January 2024 to August 2026, totalling 530,114 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 $16.3M, with roughly $5.6M 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 11,468 barrels a month, about 5,734 per wellbore. Its strongest month on the record we hold was June 2024, at 62,156 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 WL 24-17 A
- Who operates MABEE WL 24-17 A?
- MABEE WL 24-17 A is operated by Diamondback E&P LLC, Railroad Commission of Texas operator number 217012.
- Where is MABEE WL 24-17 A?
- MABEE WL 24-17 A is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61077.
- Is MABEE WL 24-17 A still producing?
- MABEE WL 24-17 A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE WL 24-17 A is August 2026.
- How much has MABEE WL 24-17 A produced?
- MABEE WL 24-17 A has reported 530,114 barrels of oil (bbl) to the Railroad Commission of Texas between January 2024 and August 2026, from 2 wellbores.
- How much is MABEE WL 24-17 A worth?
- The remaining production from MABEE WL 24-17 A is estimated to be worth about $16.3M in total as of 27 August 2026, within a range of $13.3M to $19.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE WL 24-17 A is a fraction of it. The estimate fits an Arps decline curve to the production MABEE WL 24-17 A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE WL 24-17 A is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE WL 24-17 A generate in a year?
- MABEE WL 24-17 A is forecast to net about $5.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MABEE WL 24-17 A 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 | 61077 |
| Wellbores | 2 |
| Reported production | 530,114 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16.3M |
Where MABEE WL 24-17 A 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.