Mars

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Mars

CountyGaines County, TX
Production DatesDec 2017 - Mar 2024
Total Oil Production16,958 BBLs
Total Gas Production22,305 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property3

Our Valuation Estimates for Mars

ShaleAssessment

$3,989 *

MarketMultiple

Not Available

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Mars Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Mars
from Dec 2017 to Mar 2024

Wells on Mars

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-36162MARS SA 1CAPROCK OPERATING, INC.Dry HoleGaines County, TX32.597147-102.644632
42-165-36168MARS SA 1ACAPROCK OPERATING, INC.Dry HoleGaines County, TX32.597213-102.644654
42-165-38569MARS 1HRING ENERGY, INC.Shut InGaines County, TX32.577856-102.657231

Leases included in Mars

Lease #Lease NameOperatorCounty
08-49943MARSRING ENERGY, INC.Gaines County, TX

Operators Associated With Mars

Nearby Properties

These are the closest 20 properties to the Mars property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BromiosGaines County, TX302 BBLs702 MCFSep 2025
ConeGaines County, TX3 BBLs0 MCFSep 2025
ElamGaines County, TX4,530 BBLs177 MCFSep 2025
Elam (Queen Sand) UnitGaines County, TX120 BBLs0 MCFSep 2025
Good BullGaines County, TX475 BBLs0 MCFSep 2025
LinkGaines County, TX485 BBLs0 MCFSep 2025
Maverick 4Gaines County, TX612 BBLs124 MCFSep 2025
MayoGaines County, TX30 BBLs0 MCFSep 2025
McConal-ClarkGaines County, TX771 BBLs0 MCFSep 2025
MedusaGaines County, TX413 BBLs173 MCFSep 2025
MeropeGaines County, TX0 BBLs0 MCFApr 2019
MetasGaines County, TX310 BBLs1,208 MCFSep 2025
MortonGaines County, TX377 BBLs0 MCFSep 2025
MurtiaGaines County, TX586 BBLs1,404 MCFSep 2025
Pogue, MGaines County, TX495 BBLs0 MCFSep 2025
Quail 4Gaines County, TX1,009 BBLs868 MCFSep 2025
ShusaGaines County, TX4,932 BBLs0 MCFSep 2025
South Harris UnitGaines County, TX2,948 BBLs375 MCFSep 2025
WhartonGaines County, TX6,701 BBLs830 MCFSep 2025
Wharton A.BGaines County, TX2,293 BBLs397 MCFSep 2025

Frac'ing activity on Mars

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-165-38569Mars 1H

Owners of Mars

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025RING ENERGY INCMARSRING ENERGY, I
2025MATTHEWS-LINK PROPERTIES LTDMARSRING ENERGY, I
2025SABINAL ENERGY OPERATING LLCMARSRING ENERGY, I
2025ANGUISH PARTNERSHIPMARSRING ENERGY, I
2025SUN OIL COMPANYMARSRING ENERGY, I
2025OAK VALLEY MINERAL AND LAND LPMARSRING ENERGY, I
2025MORGAN BETTY JO LIVING TRUSTMARSRING ENERGY, I
2025MDJ MINERALS LLPMARSRING ENERGY, I
Displaying 8 of 37 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Mars

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-49943MARSMar 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSMar 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49943MARSFeb 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSFeb 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49943MARSJan 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSJan 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49943MARSDec 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSDec 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49943MARSNov 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSNov 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49943MARSOct 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSOct 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49943MARSSep 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSSep 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49943MARSAug 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSAug 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49943MARSJul 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSJul 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49943MARSJun 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSJun 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49943MARSMay 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSMay 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49943MARSApr 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSMar 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSMar 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.