MABEL UNIT
MABEL UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by U. S. Operating, Inc. It has 3 wellbores on file with the Commission. Reported production runs from November 1996 to August 2026, totalling 100,127 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 $474K, with roughly $75K 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 63 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was January 2018, at 205 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 MABEL UNIT
- Who operates MABEL UNIT?
- MABEL UNIT is operated by U. S. Operating, Inc., Railroad Commission of Texas operator number 875431.
- Where is MABEL UNIT?
- MABEL UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23160.
- Is MABEL UNIT still producing?
- MABEL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEL UNIT is August 2026.
- How much has MABEL UNIT produced?
- MABEL UNIT has reported 100,127 barrels of oil (bbl) to the Railroad Commission of Texas between November 1996 and August 2026, from 3 wellbores.
- How much is MABEL UNIT worth?
- The remaining production from MABEL UNIT is estimated to be worth about $474K in total as of 27 August 2026, within a range of $261K to $687K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MABEL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MABEL UNIT generate in a year?
- MABEL UNIT is forecast to net about $75K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MABEL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | U. S. Operating, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 23160 |
| Wellbores | 3 |
| Reported production | 100,127 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $474K |
Where MABEL UNIT 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.