MABEE 239A
MABEE 239A is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Reliance Energy, Inc. It has 3 wellbores on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 163,134 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 $968K, with roughly $254K 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 384 barrels a month, about 128 per wellbore. Its strongest month on the record we hold was May 2016, at 1,773 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 239A
- Who operates MABEE 239A?
- MABEE 239A is operated by Reliance Energy, Inc., Railroad Commission of Texas operator number 700995.
- Where is MABEE 239A?
- MABEE 239A is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44151.
- Is MABEE 239A still producing?
- MABEE 239A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE 239A is August 2026.
- How much has MABEE 239A produced?
- MABEE 239A has reported 163,134 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 3 wellbores.
- How much is MABEE 239A worth?
- The remaining production from MABEE 239A is estimated to be worth about $968K in total as of 26 August 2026, within a range of $755K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE 239A is a fraction of it. The estimate fits an Arps decline curve to the production MABEE 239A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE 239A is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE 239A generate in a year?
- MABEE 239A is forecast to net about $254K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MABEE 239A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reliance Energy, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 44151 |
| Wellbores | 3 |
| Reported production | 163,134 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $968K |
Where MABEE 239A 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.