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Texas oil lease

Producing

MABEE 139

Mabee 139 is an oil lease in Martin County, Texas, operated by Cog Operating LLC in the Lowe (Atoka) field.

2 wells

2,175bbl oil, last 12 months−15% vs prior year
Operator
Cog Operating LLC
County
Martin County
Field
Lowe (Atoka)
RRC lease
08-46737

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
19,390 mcf
Oil in Jul 2026
106 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 fell 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for MABEE 139, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 2,175 bbl in the 12 months through Jul 2026, against 2,569 bbl in the 12 months before.Last 12 months: 2,175 bblbbl per monthmcf per month002001,0004002,0006003,0008004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for MABEE 139, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 2,175 bbl in the 12 months through Jul 2026, against 2,569 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

Flaring peaked at 11.9% of the gas in Apr 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of MABEE 139 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 11.9% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 11.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of MABEE 139 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 11.9% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Flared 11.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on MABEE 139
API numberWell no.Status
42-317-38772301HActive
42-317-39262202HAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers100Apr 1, 2026–
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
Oryx Midland Oil Gathering LLCOilGathers100Dec 1, 2019Apr 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

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

Who buys my oilOil price check

1,920 acres on the newest permit

Check your decimal on this lease
Permits for Mabee 139
API numberWell no.Acreson the permit
42-317-39262202HA1,920
42-317-38772301H1,920

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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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 139
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026106596166160$80.46$2.89
Jun 20261454000$84.81$3.15
May 20261381561,9131,9130$102.13$2.94
Apr 20263854033,1893,1890$100.32$2.77
Mar 20264861,2591,2590$91.38$3.04
Feb 202650000$64.51$3.62
Jan 202678798428420$60.04$7.72
Dec 202574821,7171,7170$57.97$4.26
Nov 20251072111,8131,8130$60.06$3.79
Oct 20257987553,7843,7840$60.89$3.19
Sep 20252232091,8791,8790$63.96$2.97
Aug 20251991172,3782,3780$64.86$2.91
Jul 2025161035055050$68.39$3.20
Jun 20252232421,2921,2920$68.17$3.02
May 20252292411,4301,4300$62.17$3.12
Apr 20253543092,4882,4880$63.54$3.42
Mar 20252272051,9251,9250$68.24$4.12
Feb 20251191371,4701,4700$71.53$4.19
Jan 20251511361,2741,2740$75.74$4.13
Dec 2024122961,4561,4560$70.12$3.01
Nov 2024861818538530$69.95$2.12
Oct 20243293411,8391,8390$71.99$2.20
Sep 20243833552,2692,2690$70.24$2.28
Aug 20243302401,5201,5200$76.68$1.99
Jul 202477506026020$81.80$2.07
Jun 20240128000$79.77$2.54
May 20249529000$80.02$2.12
Apr 20241361601,4241,231170$85.35$1.60
Mar 20242532781,6801,63423$81.28$1.49
Feb 20242182001,6151,5920$77.25$1.72
Jan 20242912772,3722,3480$74.15$3.18
Dec 20232041952,2992,2930$71.90$2.52
Nov 20232172282,0652,00065$77.69$2.71
Oct 20232742622,8572,81344$85.64$2.98
Sep 20232842713,2143,093121$89.43$2.64
Aug 20232502893,2113,2110$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 LLCFieldLowe (Atoka)CountyMartin County

Cog Operating LLC in Martin County

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Lowe (Atoka) field

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