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Texas oil lease

Producing

MABEE N 1-2

Mabee N 1-2 is an oil lease in Martin County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

30,802bbl oil, last 12 months−13% vs prior year
Operator
Diamondback E&P LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-58360

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
73,197 mcf
Oil in Jul 2026
1,682 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from De IV Operating, LLC in May 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jan 29, 2026 (last P-5 filed Jan 7, 2025).

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 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for MABEE N 1-2, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 30,802 bbl in the 12 months through Jul 2026, against 35,310 bbl in the 12 months before.Last 12 months: 30,802 bblbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for MABEE N 1-2, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 30,802 bbl in the 12 months through Jul 2026, against 35,310 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2025 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 9.7% of the gas in Aug 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since May 2025 the lease's gas goes to a transmission line instead of a processing plantShare of MABEE N 1-2 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 9.7% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%May 2025: plant to lineFlared 9.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2025 the lease's gas goes to a transmission line instead of a processing plantShare of MABEE N 1-2 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 9.7% of the gas in Aug 2023.Share of gas by disposition code0%50%100%May 25: plant to lineFlared 9.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 72,744 mcf

  • Lease fuel (1)

    0.5% · 356 mcf

  • Flared (4)

    0.1% · 97 mcf

0.1% of the gas flared in the last 12 months. 2 months above 3%.

Who has run this lease

The operator changed once, most recently in May 2025

Operators of this lease over timeDe IV Operating, LLC, Feb 2023 to Apr 2025; Diamondback E&P LLC, May 2025 to Jul 2026202420252026Changed May 2025De IV Operating, LLCFeb 2023 to Apr 2025Diamondback E&P LLCMay 2025 to now
Operators of this lease over timeDe IV Operating, LLC, Feb 2023 to Apr 2025; Diamondback E&P LLC, May 2025 to Jul 2026202420252026Changed May 2025De IV Operating, LLCFeb 2023 to Apr 2025Diamondback E&P LLCMay 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MABEE N 1-2
API numberWell no.Status
42-317-444312814HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Western Refining Pipeline, LLCOilGathers100Oct 1, 2023–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jan 1, 2023–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jan 1, 2023–
Centurion Pipeline L.p.OilGathers100Jan 1, 2023Oct 1, 2023

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

Who buys my oilOil price check

792.75 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for 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 N 1-2
API numberWell no.Acreson the permit
42-317-444312814H792.75

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

Unit decimal checker

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 N 1-2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P1,6821,6714,3044,2780$80.46$2.89
Jun 2026Diamondback E&P1,9731,9874,6594,6340$84.81$3.15
May 2026Diamondback E&P2,6842,6848,1468,1020$102.13$2.94
Apr 2026Diamondback E&P3,3663,37311,27111,2190$100.32$2.77
Mar 2026Diamondback E&P3,4993,4738,9838,9420$91.38$3.04
Feb 2026Diamondback E&P2,4762,4815,1505,1220$64.51$3.62
Jan 2026Diamondback E&P2,3372,3364,8514,72797$60.04$7.72
Dec 2025Diamondback E&P2,4272,4365,1735,1490$57.97$4.26
Nov 2025Diamondback E&P2,6062,6185,0275,0040$60.06$3.79
Oct 2025Diamondback E&P2,5342,5215,1915,1680$60.89$3.19
Sep 2025Diamondback E&P2,7492,7325,2485,2260$63.96$2.97
Aug 2025Diamondback E&P2,4692,4795,1945,1730$64.86$2.91
Jul 2025Diamondback E&P2,6132,6205,3555,3320$68.39$3.20
Jun 2025Diamondback E&P2,7162,6935,9755,9500$68.17$3.02
May 2025Diamondback E&P2,7032,7195,5835,5580$62.17$3.12
Apr 2025De IV2,1992,1955,2925,2920$63.54$3.42
Mar 2025De IV3,0453,0506,1216,1210$68.24$4.12
Feb 2025De IV2,7752,7725,6355,6350$71.53$4.19
Jan 2025De IV3,1643,1657,1847,1840$75.74$4.13
Dec 2024De IV3,3163,3096,3896,3890$70.12$3.01
Nov 2024De IV3,1513,1695,5735,5730$69.95$2.12
Oct 2024De IV3,3403,3226,0236,0230$71.99$2.20
Sep 2024De IV2,7382,7363,8753,8750$70.24$2.28
Aug 2024De IV3,5503,5445,3945,3940$76.68$1.99
Jul 2024De IV3,7373,7506,8436,8430$81.80$2.07
Jun 2024De IV4,9574,9568,8918,8910$79.77$2.54
May 2024De IV4,9454,9408,3978,3970$80.02$2.12
Apr 2024De IV3,8303,8285,5625,439123$85.35$1.60
Mar 2024De IV3,9603,9635,4865,4833$81.28$1.49
Feb 2024De IV4,2714,2675,5375,317220$77.25$1.72
Jan 2024De IV4,7054,7074,9514,93714$74.15$3.18
Dec 2023De IV6,0896,0866,3646,3622$71.90$2.52
Nov 2023De IV5,0075,0046,2846,26618$77.69$2.71
Oct 2023De IV4,9585,0845,6785,65028$85.64$2.98
Sep 2023De IV8,1658,0819,0339,0312$89.43$2.64
Aug 2023De IV8,8688,89816,60114,9841,617$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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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMartin County

Diamondback E&P LLC in Martin County

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Spraberry (Trend Area) field

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