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Producing

MABEE 138

Mabee 138 is an oil lease in Martin County, Texas, operated by Cog Operating LLC in the Mabee (Strawn) field.

1 well

2,326bbl oil, last 12 months+20% vs prior year
Operator
Cog Operating LLC
County
Martin County
Field
Mabee (Strawn)
RRC lease
08-45945

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
27,530 mcf
Oil in Jul 2026
216 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced CORONADO MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Apr 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 20% over the last 12 monthsMonthly oil production and gas for MABEE 138, Aug 2023 to Jul 2026. Oil output rose 20% over the last 12 months. 2,326 bbl in the 12 months through Jul 2026, against 1,938 bbl in the 12 months before.Last 12 months: 2,326 bblbbl per monthmcf per month00501,0001002,0001503,0002004,0002505,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 20% over the last 12 monthsMonthly oil production and gas for MABEE 138, Aug 2023 to Jul 2026. Oil output rose 20% over the last 12 months. 2,326 bbl in the 12 months through Jul 2026, against 1,938 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00501,0001002,0001503,0002004,0002505,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 3.4% of the gas in Apr 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of MABEE 138 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.4% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of MABEE 138 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.4% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Flared 3.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 27,444 mcf

  • Flared (4)

    0.3% · 86 mcf

0.3% of the gas flared in the last 12 months. 3 months above 3%.

1 well on this lease

Wells on MABEE 138
API numberWell no.Status
42-317-39252709HSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Midland Oil Gathering LLCOilGathers100Dec 1, 2019–
Enterprise Products Operating LLCCasinghead gasBuys50May 1, 2025–
Oneok Midland Midstream, LLCCasinghead gasBuys50Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers50May 1, 2025–
Enterprise Products Operating LLCCasinghead gasGathers50May 1, 2025–
Coronado Midstream LLCCasinghead gasBuys50May 1, 2025Apr 1, 2026
Enlink Permian, LLCCasinghead gasGathers10Aug 1, 2024May 1, 2025
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers90Aug 1, 2024May 1, 2025
Coronado Midstream LLCCasinghead gasBuys10Aug 1, 2024May 1, 2025
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys90Aug 1, 2024May 1, 2025
Enlink North Texas Gathering, LPCasinghead gasGathers100Jun 1, 2016Dec 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

5,760 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Mabee 138
API numberWell no.Acreson the permit
42-317-39252709HS5,760

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What ConocoPhillips told investors it received

Cog Operating LLC is linked to ConocoPhillips (COP).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing
Q3 2024$76.77SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for MABEE 138
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262162031,9651,9650$80.46$2.89
Jun 20262061962,4082,4080$84.81$3.15
May 20261741802,0472,0470$102.13$2.94
Apr 20262312272,7042,7040$100.32$2.77
Mar 20261201192,0322,0320$91.38$3.04
Feb 20261831822,2732,2730$64.51$3.62
Jan 20261982031,5221,5220$60.04$7.72
Dec 20252102042,4072,4070$57.97$4.26
Nov 20251641762,1942,1940$60.06$3.79
Oct 20251831912,5952,5950$60.89$3.19
Sep 20252242152,6442,60935$63.96$2.97
Aug 20252172102,7392,68851$64.86$2.91
Jul 20251881852,5282,5280$68.39$3.20
Jun 20251671662,4442,4440$68.17$3.02
May 20251591612,4182,4180$62.17$3.12
Apr 20251551542,2502,2500$63.54$3.42
Mar 20251681652,5262,5260$68.24$4.12
Feb 20251481502,2252,2250$71.53$4.19
Jan 20251941982,5992,5990$75.74$4.13
Dec 20241521572,8192,8190$70.12$3.01
Nov 20241551502,5352,44986$69.95$2.12
Oct 20241451432,7032,7030$71.99$2.20
Sep 20241561562,6172,6170$70.24$2.28
Aug 20241511592,4732,4730$76.68$1.99
Jul 20241931793,1163,1160$81.80$2.07
Jun 202470831,0981,06037$79.77$2.54
May 2024202204000$80.02$2.12
Apr 20242122033,4953,367120$85.35$1.60
Mar 20241381463,1503,1420$81.28$1.49
Feb 20241751653,3273,3190$77.25$1.72
Jan 20241911933,7283,7190$74.15$3.18
Dec 20231911933,7113,7020$71.90$2.52
Nov 20231711833,1393,1310$77.69$2.71
Oct 20231881793,5573,5490$85.64$2.98
Sep 20231701753,2913,2830$89.43$2.64
Aug 20232312263,7263,7180$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorCog Operating LLCFieldMabee (Strawn)CountyMartin County

Cog Operating LLC in Martin County

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Mabee (Strawn) field

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