MABEE 1E
MABEE 1E is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 2 wellbores on file with the Commission. Reported production runs from November 2016 to August 2026, totalling 749,127 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 $7.5M, with roughly $2.9M 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 4,450 barrels a month, about 2,225 per wellbore. Its strongest month on the record we hold was March 2018, at 35,836 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 1E
- Who operates MABEE 1E?
- MABEE 1E is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is MABEE 1E?
- MABEE 1E is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48689.
- Is MABEE 1E still producing?
- MABEE 1E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE 1E is August 2026.
- How much has MABEE 1E produced?
- MABEE 1E has reported 749,127 barrels of oil (bbl) to the Railroad Commission of Texas between November 2016 and August 2026, from 2 wellbores.
- How much is MABEE 1E worth?
- The remaining production from MABEE 1E is estimated to be worth about $7.5M in total as of 26 August 2026, within a range of $6.2M to $8.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE 1E is a fraction of it. The estimate fits an Arps decline curve to the production MABEE 1E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE 1E is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE 1E generate in a year?
- MABEE 1E is forecast to net about $2.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MABEE 1E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 48689 |
| Wellbores | 2 |
| Reported production | 749,127 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.5M |
Where MABEE 1E 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.