MABEE 4M
MABEE 4M is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2025 to August 2026, totalling 199,175 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 $7.1M, with roughly $6.0M 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 17,005 barrels a month. Its strongest month on the record we hold was November 2025, at 32,866 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 4M
- Who operates MABEE 4M?
- MABEE 4M is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is MABEE 4M?
- MABEE 4M is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63724.
- Is MABEE 4M still producing?
- MABEE 4M is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE 4M is August 2026.
- How much has MABEE 4M produced?
- MABEE 4M has reported 199,175 barrels of oil (bbl) to the Railroad Commission of Texas between June 2025 and August 2026, from 1 wellbore.
- How much is MABEE 4M worth?
- The remaining production from MABEE 4M is estimated to be worth about $7.1M in total as of 27 August 2026, within a range of $5.9M to $8.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE 4M is a fraction of it. The estimate fits an Arps decline curve to the production MABEE 4M has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE 4M is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE 4M generate in a year?
- MABEE 4M is forecast to net about $6.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MABEE 4M 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 | 63724 |
| Wellbores | 1 |
| Reported production | 199,175 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.1M |
Where MABEE 4M 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.