Mars

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Mars

CountyGaines County, TX
Production DatesDec 2017 - Dec 2023
Total Oil Production16,763 BBLs
Total Gas Production21,483 MCF
Recent Oil Production32 BBLs in Dec 2023
Recent Gas Production365 MCF in Dec 2023
Wells on Property3

Our Valuation Estimates for Mars

ShaleAssessment

$4,122 *

MarketMultiple

$10,401 **

* 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 Dec 2023

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.ProducingGaines County, TX32.577856-102.657231

Leases included in Mars

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
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, TX323 BBLs1,044 MCFDec 2023
ConeGaines County, TX13 BBLs0 MCFJan 2024
ElamGaines County, TX5,850 BBLs401 MCFJan 2024
Elam (Queen Sand) UnitGaines County, TX0 BBLs0 MCFNov 2023
Good BullGaines County, TX566 BBLs0 MCFJan 2024
LandrethGaines County, TX31 BBLs0 MCFJan 2024
LinkGaines County, TX605 BBLs0 MCFJan 2024
MariusGaines County, TX560 BBLs1,539 MCFDec 2023
Maverick 4Gaines County, TX674 BBLs124 MCFJan 2024
McConal-ClarkGaines County, TX319 BBLs0 MCFJan 2024
MedusaGaines County, TX1,210 BBLs1,569 MCFDec 2023
MemnonGaines County, TX614 BBLs456 MCFDec 2023
MeropeGaines County, TX0 BBLs0 MCFApr 2019
MetasGaines County, TX1,042 BBLs1,493 MCFDec 2023
MortonGaines County, TX257 BBLs0 MCFDec 2023
MurtiaGaines County, TX390 BBLs1,135 MCFDec 2023
Pogue, MGaines County, TX620 BBLs0 MCFJan 2024
ShusaGaines County, TX5,983 BBLs10 MCFJan 2024
WhartonGaines County, TX8,445 BBLs2,661 MCFJan 2024
Wharton A.BGaines County, TX2,264 BBLs429 MCFJan 2024

Owners of Mars

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023RING ENERGY INCMARSRING ENERGY, I
2023LANDRETH CO SHAREHOLDERSMARSRING ENERGY, I
2023LECLAIRE DOUGLAS WMARSRING ENERGY, I
2023CRAFT E ROSSMARSRING ENERGY, I
2023MULKEY CHERIE CRAFTMARSRING ENERGY, I
2023CRAFT RONALD CMARSRING ENERGY, I
2023COLEMAN JO ANN CRAFTMARSRING ENERGY, I
2023ALLEN TERRI LYNNMARSRING ENERGY, I
Displaying 8 of 12 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
08-49943MARSDec 2023PHILLIPS 66 COMPANYRING 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.
08-49943MARSAug 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSJul 2023PHILLIPS 66 COMPANYRING 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.
08-49943MARSFeb 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSJan 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSJan 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49943MARSDec 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSDec 2022DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49943MARSNov 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSOct 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSSep 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSAug 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49943MARSJul 2022PHILLIPS 66 COMPANYRING ENERGY, INC.