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Texas oil lease

Producing

MABEE 239 X2

Mabee 239 X2 is an oil lease in Martin County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

Oil lease dossier

11,811bbl oil, last 12 months
Operator
Cog Operating LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-63772

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
18,665 mcf
Oil in Jul 2026
1,489 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 138% since Jun 2025

  • Oil (bars)
  • Gas (line)
Oil output rose 138% since Jun 2025Monthly oil production and gas for MABEE 239 X2, Jun 2025 to Jul 2026. Oil output rose 138% since Jun 2025. Monthly average of 1,456 bbl in the latest 3 months, against 613 bbl in the first 3.bbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Jul 25OctJan 26AprJul
Oil output rose 138% since Jun 2025Monthly oil production and gas for MABEE 239 X2, Jun 2025 to Jul 2026. Oil output rose 138% since Jun 2025. Monthly average of 1,456 bbl in the latest 3 months, against 613 bbl in the first 3.bbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the 9 months reported

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the 9 months reportedShare of MABEE 239 X2 gas by disposition code each month, Jun 2025 to Jul 2026. 99% of the gas went to a processing plant in the 9 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Jul 25OctJan 26AprJul
99% of the gas went to a processing plant in the 9 months reportedShare of MABEE 239 X2 gas by disposition code each month, Jun 2025 to Jul 2026. 99% of the gas went to a processing plant in the 9 months reported.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 19,128 mcf

  • Lease fuel (1)

    1.2% · 226 mcf

  • Flared (4)

    0.0% · 1 mcf

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Mv Purchasing, LLCOilGathers100Aug 17, 2026–
Enterprise Products Operating LLCCasinghead gasBuys50Apr 1, 2026–
Oneok Midland Midstream, LLCCasinghead gasBuys50Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers50Apr 1, 2026–
Enterprise Products Operating LLCCasinghead gasGathers50Apr 1, 2026–
Oryx Midland Oil Gathering LLCOilGathers100Jun 1, 2025Aug 17, 2026
Enlink Permian, LLCCasinghead gasGathers10Jun 1, 2025Apr 1, 2026
Enterprise Products Operating LLCCasinghead gasGathers90Jun 1, 2025Apr 1, 2026
Coronado Midstream LLCCasinghead gasBuys10Jun 1, 2025Apr 1, 2026
Enterprise Products Operating LLCCasinghead gasBuys90Jun 1, 2025Apr 1, 2026

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

Who buys my oilOil price check

1,280 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

Check your decimal on this lease
Permits for Mabee 239 X2
API numberWell no.Acreson the permit
42-317-39048301WB1,280

SourceRailroad Commission drilling permits, Oct 3, 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

14 months, newest first

Ledger for MABEE 239 X2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,4891,4302,7072,6700$80.46$2.89
Jun 20261,2281,2671,8521,8300$84.81$3.15
May 20261,6501,6512,7722,7340$102.13$2.94
Apr 20261,9521,9723,9293,8900$100.32$2.77
Mar 20261,8081,8583,2903,2520$91.38$3.04
Feb 20261,9251,8622,4472,4210$64.51$3.62
Jan 20261,7591,6381,6681,6500$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 2025087000$64.86$2.91
Jul 20258888693223180$68.39$3.20
Jun 20259509343683631$68.17$3.02

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 LLCFieldSpraberry (Trend Area)CountyMartin County

Cog Operating LLC in Martin County

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Spraberry (Trend Area) field

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New drilling permits in Martin County

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