MAMBA 17
MAMBA 17 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Patriot Resources, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 376,717 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 $2.4M, with roughly $627K 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 983 barrels a month, about 491 per wellbore. Its strongest month on the record we hold was August 2016, at 3,801 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 MAMBA 17
- Who operates MAMBA 17?
- MAMBA 17 is operated by Patriot Resources, Inc., Railroad Commission of Texas operator number 643401.
- Where is MAMBA 17?
- MAMBA 17 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42649.
- Is MAMBA 17 still producing?
- MAMBA 17 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAMBA 17 is August 2026.
- How much has MAMBA 17 produced?
- MAMBA 17 has reported 376,717 barrels of oil (bbl) to the Railroad Commission of Texas between January 2012 and August 2026, from 2 wellbores.
- How much is MAMBA 17 worth?
- The remaining production from MAMBA 17 is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $1.9M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAMBA 17 is a fraction of it. The estimate fits an Arps decline curve to the production MAMBA 17 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAMBA 17 is an estimate of value, not an offer and not an appraisal.
- How much income does MAMBA 17 generate in a year?
- MAMBA 17 is forecast to net about $627K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAMBA 17 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patriot Resources, Inc. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 42649 |
| Wellbores | 2 |
| Reported production | 376,717 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where MAMBA 17 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.