MABEE 239 X6
MABEE 239 X6 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2025 to August 2026, totalling 7,379 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 $267K, with roughly $202K 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 671 barrels a month. Its strongest month on the record we hold was October 2025, at 1,016 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 MABEE 239 X6
- Who operates MABEE 239 X6?
- MABEE 239 X6 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is MABEE 239 X6?
- MABEE 239 X6 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63776.
- Is MABEE 239 X6 still producing?
- MABEE 239 X6 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE 239 X6 is August 2026.
- How much has MABEE 239 X6 produced?
- MABEE 239 X6 has reported 7,379 barrels of oil (bbl) to the Railroad Commission of Texas between June 2025 and August 2026, from 1 wellbore.
- How much is MABEE 239 X6 worth?
- The remaining production from MABEE 239 X6 is estimated to be worth about $267K in total as of 27 August 2026, within a range of $208K to $325K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE 239 X6 is a fraction of it. The estimate fits an Arps decline curve to the production MABEE 239 X6 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE 239 X6 is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE 239 X6 generate in a year?
- MABEE 239 X6 is forecast to net about $202K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MABEE 239 X6 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 63776 |
| Wellbores | 1 |
| Reported production | 7,379 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $267K |
Where MABEE 239 X6 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.