MB
MB is a Texas oil lease in Midland County, Railroad Commission district 08, operated by MCM Operating, LLC. It has 11 wellbores on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 3,318,370 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 $102.5M, with roughly $33.3M 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 56,177 barrels a month, about 5,107 per wellbore. Its strongest month on the record we hold was July 2024, at 153,561 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 MB
- Who operates MB?
- MB is operated by MCM Operating, LLC, Railroad Commission of Texas operator number 552167.
- Where is MB?
- MB is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58284.
- Is MB still producing?
- MB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MB is August 2026.
- How much has MB produced?
- MB has reported 3,318,370 barrels of oil (bbl) to the Railroad Commission of Texas between October 2022 and August 2026, from 11 wellbores.
- How much is MB worth?
- The remaining production from MB is estimated to be worth about $102.5M in total as of 26 August 2026, within a range of $84.1M to $121.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MB is a fraction of it. The estimate fits an Arps decline curve to the production MB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MB is an estimate of value, not an offer and not an appraisal.
- How much income does MB generate in a year?
- MB is forecast to net about $33.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MB receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MCM Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 58284 |
| Wellbores | 11 |
| Reported production | 3,318,370 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $102.5M |
Where MB 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.