FIELD, MABEL
FIELD, MABEL is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Pedco Resources Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 106,050 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 $946K, with roughly $176K 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 203 barrels a month, about 51 per wellbore. Its strongest month on the record we hold was March 2020, at 411 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 FIELD, MABEL
- Who operates FIELD, MABEL?
- FIELD, MABEL is operated by Pedco Resources Company, Railroad Commission of Texas operator number 650154.
- Where is FIELD, MABEL?
- FIELD, MABEL is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 62570.
- Is FIELD, MABEL still producing?
- FIELD, MABEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FIELD, MABEL is August 2026.
- How much has FIELD, MABEL produced?
- FIELD, MABEL has reported 106,050 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is FIELD, MABEL worth?
- The remaining production from FIELD, MABEL is estimated to be worth about $946K in total as of 26 August 2026, within a range of $737K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FIELD, MABEL is a fraction of it. The estimate fits an Arps decline curve to the production FIELD, MABEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FIELD, MABEL is an estimate of value, not an offer and not an appraisal.
- How much income does FIELD, MABEL generate in a year?
- FIELD, MABEL is forecast to net about $176K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FIELD, MABEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pedco Resources Company |
|---|---|
| Field | Buckshot (4950) |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 62570 |
| Wellbores | 4 |
| Reported production | 106,050 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $946K |
Where FIELD, MABEL 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.