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MABEE 240B X1

Mabee 240B X1 is an oil lease in Andrews County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

Oil lease dossier

1,863bbl oil, last 12 months−65% vs prior year
RRC lease
08-54015

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
5,244 mcf
Oil in Jul 2026
0 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.

  • Sales

    No sales reported for the last 3 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

Oil output fell 65% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 65% over the last 12 monthsMonthly oil production and gas for MABEE 240B X1, Aug 2023 to Jul 2026. Oil output fell 65% over the last 12 months. 1,863 bbl in the 12 months through Jul 2026, against 5,375 bbl in the 12 months before.Last 12 months: 1,863 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 65% over the last 12 monthsMonthly oil production and gas for MABEE 240B X1, Aug 2023 to Jul 2026. Oil output fell 65% over the last 12 months. 1,863 bbl in the 12 months through Jul 2026, against 5,375 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2025 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Oct 2025 the lease's gas goes to a processing plant instead of lease fuelShare of MABEE 240B X1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2025: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2025 the lease's gas goes to a processing plant instead of lease fuelShare of MABEE 240B X1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Oct 25: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 5,244 mcf

  • Lease fuel (1)

    2.0% · 108 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 gasBuys50May 1, 2025–
Oneok Midland Midstream, LLCCasinghead gasBuys50Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers50May 1, 2025–
Enterprise Products Operating LLCCasinghead gasGathers50May 1, 2025–
Oryx Midland Oil Gathering LLCOilGathers100Aug 1, 2024Aug 17, 2026
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

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

1,295.90 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.

  • 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 240B X1
API numberWell no.Acreson the permit
42-003-455332HW1,295.90

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

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 240B X1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 202600000$102.13$2.94
Apr 2026054000$100.32$2.77
Mar 20265275761,7401,7400$91.38$3.04
Feb 20265575021,2801,2800$64.51$3.62
Jan 20263503421,1501,1500$60.04$7.72
Dec 20252102196996990$57.97$4.26
Nov 20251791433183180$60.06$3.79
Oct 2025402757570$60.89$3.19
Sep 202500000$63.96$2.97
Aug 202500000$64.86$2.91
Jul 202500000$68.39$3.20
Jun 202500000$68.17$3.02
May 202500000$62.17$3.12
Apr 202500000$63.54$3.42
Mar 2025046000$68.24$4.12
Feb 2025373395800$71.53$4.19
Jan 20258788581400$75.74$4.13
Dec 20246466941200$70.12$3.01
Nov 20247347142400$69.95$2.12
Oct 20248248382800$71.99$2.20
Sep 20249288902200$70.24$2.28
Aug 20249921,0201700$76.68$1.99
Jul 20247517311,7811,7730$81.80$2.07
Jun 20249209372,5862,5750$79.77$2.54
May 20249218563,8313,8140$80.02$2.12
Apr 20241531863233180$85.35$1.60
Mar 20247587842,5872,38466$81.28$1.49
Feb 20241,2331,2643,4713,2890$77.25$1.72
Jan 20241,4331,4486,7596,4430$74.15$3.18
Dec 20231,6841,6185,8835,6097$71.90$2.52
Nov 20231,4221,4574,7784,49542$77.69$2.71
Oct 20239108241,0751,0105$85.64$2.98
Sep 2023033000$89.43$2.64
Aug 20237777752,0751,9690$81.39$2.58

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

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Nearby

Cog Operating LLC in Andrews County

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Spraberry (Trend Area) field

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New drilling permits in Andrews County

Newest in the county: this lease has no coordinates.