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Texas oil lease

Producing

MABEE 23

Mabee 23 is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

2 wells

1,548bbl oil, last 12 months−3% vs prior year
RRC lease
08-42605

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
3,484 mcf
Oil in Jul 2026
130 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from Endeavor Energy Resources L.P. in Jan 2025.

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

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

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Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for MABEE 23, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 1,548 bbl in the 12 months through Jul 2026, against 1,589 bbl in the 12 months before.Last 12 months: 1,548 bblbbl per monthmcf per month0050100100200150300200400250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for MABEE 23, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 1,548 bbl in the 12 months through Jul 2026, against 1,589 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400250500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the last 12 monthsShare of MABEE 23 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of MABEE 23 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 36 months above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on MABEE 23
API numberWell no.Status
42-329-374203Active
42-329-374211Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2025–
Troubadour Shipping & LogisticsOilGathers100Mar 1, 2026Sep 1, 2026
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2025Mar 1, 2026
Midcon Gathering LLCOilGathers100Aug 1, 2025Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Mar 25, 2012Aug 1, 2025
Wtg Gas Processing, L.p.Casinghead gasBuys100Jun 1, 2018Aug 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Nov 1, 2018Aug 1, 2025

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

120 acres on the newest permit

Permits for Mabee 23
API numberWell no.Acreson the permit
42-329-374203120
42-329-374211120

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

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG).
Realized prices reported by Diamondback Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.82SEC filing
Q1 2026$73.47SEC filing
Q4 2025$58.00SEC filing
Q3 2025$64.60SEC filing
Q2 2025$63.23SEC filing
Q1 2025$70.95SEC filing

SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for MABEE 23
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P1301823590359$80.46$2.89
Jun 2026Diamondback E&P13603500350$84.81$3.15
May 2026Diamondback E&P1331893640364$102.13$2.94
Apr 2026Diamondback E&P1161803110311$100.32$2.77
Mar 2026Diamondback E&P1481783530353$91.38$3.04
Feb 2026Diamondback E&P1821773600360$64.51$3.62
Jan 2026Diamondback E&P12801830183$60.04$7.72
Dec 2025Diamondback E&P861751310131$57.97$4.26
Nov 2025Diamondback E&P11001800180$60.06$3.79
Oct 2025Diamondback E&P1251742920292$60.89$3.19
Sep 2025Diamondback E&P1391782910291$63.96$2.97
Aug 2025Diamondback E&P1151813100310$64.86$2.91
Jul 2025Diamondback E&P16002770277$68.39$3.20
Jun 2025Diamondback E&P1281852820282$68.17$3.02
May 2025Diamondback E&P1481862500250$62.17$3.12
Apr 2025Diamondback E&P1441953050305$63.54$3.42
Mar 2025Diamondback E&P1111863210321$68.24$4.12
Feb 2025Diamondback E&P2261833830383$71.53$4.19
Jan 2025Diamondback E&P53074074$75.74$4.13
Dec 2024Endeavor Energy7441440144$70.12$3.01
Nov 2024Endeavor Energy1381793440344$69.95$2.12
Oct 2024Endeavor Energy1331843510351$71.99$2.20
Sep 2024Endeavor Energy14203150315$70.24$2.28
Aug 2024Endeavor Energy1321823390339$76.68$1.99
Jul 2024Endeavor Energy1641773760376$81.80$2.07
Jun 2024Endeavor Energy971773020302$79.77$2.54
May 2024Endeavor Energy14643290329$80.02$2.12
Apr 2024Endeavor Energy1471853330333$85.35$1.60
Mar 2024Endeavor Energy1311763290329$81.28$1.49
Feb 2024Endeavor Energy1431762850285$77.25$1.72
Jan 2024Endeavor Energy1651753030303$74.15$3.18
Dec 2023Endeavor Energy11702160216$71.90$2.52
Nov 2023Endeavor Energy1171872580258$77.69$2.71
Oct 2023Endeavor Energy1201733190319$85.64$2.98
Sep 2023Endeavor Energy12603450345$89.43$2.64
Aug 2023Endeavor Energy1401883210321$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

Diamondback E&P LLC in Midland County

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Spraberry (Trend Area) field

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