MABEE Y
MABEE Y is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Chesapeake Operating, Inc. It has 10 wellbores on file with the Commission. Reported production runs from December 2009 to August 2026, totalling 590,473 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 $1.7M, with roughly $628K 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 932 barrels a month, about 93 per wellbore. Its strongest month on the record we hold was May 2016, at 4,669 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 Y
- Who operates MABEE Y?
- MABEE Y is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is MABEE Y?
- MABEE Y is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39868.
- Is MABEE Y still producing?
- MABEE Y is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE Y is August 2026.
- How much has MABEE Y produced?
- MABEE Y has reported 590,473 barrels of oil (bbl) to the Railroad Commission of Texas between December 2009 and August 2026, from 10 wellbores.
- How much is MABEE Y worth?
- The remaining production from MABEE Y is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.3M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE Y is a fraction of it. The estimate fits an Arps decline curve to the production MABEE Y has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE Y is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE Y generate in a year?
- MABEE Y is forecast to net about $628K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MABEE Y receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 39868 |
| Wellbores | 10 |
| Reported production | 590,473 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where MABEE Y 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.