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Producing

MABEE J.E. 'B' NCT-2

Mabee J.e. 'B' NCT-2 is an oil lease in Martin County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

7 wells

42,223bbl oil, last 12 months−7% vs prior year
Operator
Cog Operating LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-46877

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
70,256 mcf
Oil in Jul 2026
3,308 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: CORONADO MIDSTREAM LLC replaced ONEOK MIDLAND MIDSTREAM, LLC as the buyer of this lease's gas from oil wells on Jun 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 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for MABEE J.E. 'B' NCT-2, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 42,223 bbl in the 12 months through Jul 2026, against 45,309 bbl in the 12 months before.Last 12 months: 42,223 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for MABEE J.E. 'B' NCT-2, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 42,223 bbl in the 12 months through Jul 2026, against 45,309 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kJan 24JulJan 25JulJan 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 last 12 months

Flaring peaked at 3.2% of the gas in Aug 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of MABEE J.E. 'B' NCT-2 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.2% of the gas in Aug 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of MABEE J.E. 'B' NCT-2 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.2% of the gas in Aug 2025.Share of gas by disposition code0%50%100%Flared 3.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 69,493 mcf

  • Flared (4)

    0.6% · 450 mcf

  • Lease fuel (1)

    0.4% · 313 mcf

0.6% of the gas flared in the last 12 months. One month above 3%.

7 wells on this lease

Wells on MABEE J.E. 'B' NCT-2
API numberWell no.Status
42-317-399551508HActive
42-317-399561509HActive
42-317-399571510HActive
42-317-399581511HActive
42-317-401201504HActive
42-317-401211505HActive
42-317-401271507HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jun 1, 2026–
Coronado Midstream LLCCasinghead gasBuys50Jun 1, 2026–
Enterprise Products Operating LLCCasinghead gasBuys50May 1, 2025–
Enlink Permian, LLCCasinghead gasGathers50May 1, 2025–
Enterprise Products Operating LLCCasinghead gasGathers50May 1, 2025–
Oneok Midland Midstream, LLCCasinghead gasBuys50Apr 1, 2026Jun 1, 2026
Beta Crude Connector, LLCOilGathers100Aug 1, 2024Jun 1, 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

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

Who buys my oilOil price check

392.55 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 392.55 and 395.55 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Mabee J.e. 'B' NCT-2
API numberWell no.Acreson the permit
42-317-401271507H392.55
42-317-401201504H395.55
42-317-401211505H392.55
42-317-399551508H392.55
42-317-399561509H392.55
42-317-399571510H392.55
42-317-399581511H392.55

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

36 months, newest first

Ledger for MABEE J.E. 'B' NCT-2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,3083,2636,7166,6820$80.46$2.89
Jun 20263,3933,3745,5825,5560$84.81$3.15
May 20263,5553,6975,1145,0870$102.13$2.94
Apr 20264,0833,9904,8544,8300$100.32$2.77
Mar 20264,4494,4786,1866,1570$91.38$3.04
Feb 20264,3664,4455,0645,0420$64.51$3.62
Jan 20262,7282,4824,4914,4710$60.04$7.72
Dec 20252,5572,5864,6464,6250$57.97$4.26
Nov 20252,7402,8035,1995,1750$60.06$3.79
Oct 20253,5383,4905,2465,2230$60.89$3.19
Sep 20253,2383,4136,8086,663118$63.96$2.97
Aug 20254,2684,14910,3509,982332$64.86$2.91
Jul 20254,5324,60612,78312,67267$68.39$3.20
Jun 20254,4444,3919,5199,42657$68.17$3.02
May 20253,6173,6258,9468,8770$62.17$3.12
Apr 20254,0713,9728,7158,53829$63.54$3.42
Mar 20253,8303,87311,77211,5160$68.24$4.12
Feb 20253,3963,3599,7919,5699$71.53$4.19
Jan 20253,3203,27021,43620,8810$75.74$4.13
Dec 20243,6413,70115,82015,267110$70.12$3.01
Nov 20243,3673,37115,96215,542129$69.95$2.12
Oct 20243,9373,98815,84015,48896$71.99$2.20
Sep 20243,5523,61510,4799,958292$70.24$2.28
Aug 20243,6023,56513,61713,196157$76.68$1.99
Jul 20243,9463,94415,32214,9610$81.80$2.07
Jun 20243,6313,60610,0319,6950$79.77$2.54
May 20243,7723,80514,28814,0480$80.02$2.12
Apr 20244,2004,35916,66516,4500$85.35$1.60
Mar 20244,0533,82214,72614,3890$81.28$1.49
Feb 20244,3954,42016,44416,1070$77.25$1.72
Jan 20244,5324,49016,69216,3360$74.15$3.18
Dec 20234,5654,58816,40116,1010$71.90$2.52
Nov 20234,6584,70318,15017,8700$77.69$2.71
Oct 20235,4185,29721,43421,1620$85.64$2.98
Sep 20234,8975,00621,02720,6890$89.43$2.64
Aug 20235,3705,35017,61017,3170$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 LLCFieldSpraberry (Trend Area)CountyMartin County

Cog Operating LLC in Martin County

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Spraberry (Trend Area) field

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