MABLE
MABLE is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Craft Resources, Inc. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 21,259 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 $93K, with roughly $18K 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 23 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was February 2024, at 68 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MABLE
- Who operates MABLE?
- MABLE is operated by Craft Resources, Inc., Railroad Commission of Texas operator number 186363.
- Where is MABLE?
- MABLE is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 24201.
- Is MABLE still producing?
- MABLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABLE is August 2026.
- How much has MABLE produced?
- MABLE has reported 21,259 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
- How much is MABLE worth?
- The remaining production from MABLE is estimated to be worth about $93K in total as of 26 August 2026, within a range of $51K to $135K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABLE is a fraction of it. The estimate fits an Arps decline curve to the production MABLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABLE is an estimate of value, not an offer and not an appraisal.
- How much income does MABLE generate in a year?
- MABLE is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MABLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Craft Resources, Inc. |
|---|---|
| Field | Jack County Regular |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 24201 |
| Wellbores | 12 |
| Reported production | 21,259 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $93K |
Where MABLE 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.