MABEE FOUNDATION -E-
MABEE FOUNDATION -E- is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Parker & Parsley Development Co. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 131,832 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 $1.1M, with roughly $306K 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 428 barrels a month, about 107 per wellbore. Its strongest month on the record we hold was January 2021, at 1,638 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 FOUNDATION -E-
- Who operates MABEE FOUNDATION -E-?
- MABEE FOUNDATION -E- is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is MABEE FOUNDATION -E-?
- MABEE FOUNDATION -E- is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 26520.
- Is MABEE FOUNDATION -E- still producing?
- MABEE FOUNDATION -E- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MABEE FOUNDATION -E- is August 2026.
- How much has MABEE FOUNDATION -E- produced?
- MABEE FOUNDATION -E- has reported 131,832 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is MABEE FOUNDATION -E- worth?
- The remaining production from MABEE FOUNDATION -E- is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $852K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MABEE FOUNDATION -E- is a fraction of it. The estimate fits an Arps decline curve to the production MABEE FOUNDATION -E- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MABEE FOUNDATION -E- is an estimate of value, not an offer and not an appraisal.
- How much income does MABEE FOUNDATION -E- generate in a year?
- MABEE FOUNDATION -E- is forecast to net about $306K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MABEE FOUNDATION -E- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 26520 |
| Wellbores | 4 |
| Reported production | 131,832 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where MABEE FOUNDATION -E- 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.