Mustang

Oil & Gas Property in McMullen County, TX

Property Summary

Key data points for Mustang

CountyMcMullen County, TX
OperatorRIDGEMAR ENERGY OPERATING, LLC
Production DatesDec 2012 - Jan 2024
Total Oil Production1,122,855 BBLs
Total Gas Production1,958,073 MCF
Recent Oil Production1,593 BBLs in Dec 2023
Recent Gas Production3,051 MCF in Dec 2023
Wells on Property9

Our Valuation Estimates for Mustang

ShaleAssessment

$36,635 *

MarketMultiple

$224,532 **

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

Based on a decimal interest

Mustang Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Mustang
from Dec 2012 to Jan 2024

Wells on Mustang

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-311-35140MUSTANG 1HRidgemar Energy Operating, LLCTemp AbandonedMcMullen County, TX28.628008-98.482454
42-311-35214MUSTANG 3HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.628057-98.494989
42-311-35251MUSTANG 2HRidgemar Energy Operating, LLCShut InMcMullen County, TX28.628009-98.488790
42-311-36201MUSTANG 12HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.627926-98.484068
42-311-36202MUSTANG 13HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.627923-98.483975
42-311-36203MUSTANG 14HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.627923-98.483881
42-311-36740MUSTANG 4HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.626144-98.492066
42-311-36742MUSTANG 6HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.626141-98.491973
42-311-36743MUSTANG 7HRidgemar Energy Operating, LLCProducingMcMullen County, TX28.626141-98.491929

Leases included in Mustang

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
01-16408MUSTANGRidgemar Energy Operating, LLCMcMullen County, TX
01-291276MUSTANG 3HRidgemar Energy Operating, LLCMcMullen County, TX
01-291474MUSTANG 1HRidgemar Energy Operating, LLCMcMullen County, TX

Nearby Properties

These are the closest 20 properties to the Mustang property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CamaroMcMullen County, TX0 BBLs0 MCFJan 2024
CobraMcMullen County, TX679 BBLs503 MCFJan 2024
CorvetteMcMullen County, TX1,329 BBLs882 MCFJan 2024
Dicke C UnitAtascosa County, TX1,274 BBLs1,677 MCFJan 2024
Eva CoeMcMullen County, TX54 BBLs0 MCFJan 2024
Gran Torino AMcMullen County, TX668 BBLs1,009 MCFJan 2024
GubbelsMcMullen County, TX13,208 BBLs29,143 MCFJan 2024
Hardin-RayesMcMullen County, TX1,323 BBLs591 MCFJan 2024
Herrera GMcMullen County, TX283 BBLs0 MCFJan 2024
HoddeMcMullen County, TX85 BBLs0 MCFJan 2024
J RayesMcMullen County, TX641 BBLs2,557 MCFJan 2024
LewisMcMullen County, TX244 BBLs0 MCFJan 2024
Lewis, Eva CoeMcMullen County, TX0 BBLs0 MCFMay 2019
Peeler Ranch MCMMcMullen County, TX1,441 BBLs1,808 MCFJan 2024
PoenischMcMullen County, TX2,156 BBLs3,409 MCFJan 2024
RabkeMcMullen County, TX152 BBLs0 MCFJan 2024
Rabke-MasperoMcMullen County, TX652 BBLs0 MCFJan 2024
Shelby CMcMullen County, TX700 BBLs303 MCFJan 2024
Sting Ray AMcMullen County, TX1,621 BBLs998 MCFJan 2024
WheelerMcMullen County, TX0 BBLs0 MCFMay 2022

Owners of Mustang

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023CALLON (EAGLE FORD) LLCMUSTANGCALLON (EAGLE
2023MBF HOLDINGS MCMULLEN LPMUSTANGCALLON (EAGLE
2023AMERICAN NATIONAL INS COMUSTANGCALLON (EAGLE
2023MBF HOLDINGS MCMULLEN LPMUSTANG #3HCALLON (EAGLE
2023AMERICAN NATIONAL INS COMUSTANG #3HCALLON (EAGLE
2023CALLON (EAGLE FORD) LLCMUSTANG #3HCALLON (EAGLE
2023CHAMBERS EAGLE FORD LLCMUSTANG #3HCALLON (EAGLE
2023DESERT ORRI LPMUSTANG #3HCALLON (EAGLE

Oil & Gas Sales on Mustang

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
01-16408MUSTANGNov 2023RIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGNov 2023SHELL TRADING (US) COMPANYRIDGEMAR ENERGY OPERATING, LLC
01-291276MUSTANG 3HNov 2023SHELL TRADING (US) COMPANYRIDGEMAR ENERGY OPERATING, LLC
01-291276MUSTANG 3HNov 2023RIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGNov 2023RIDGEMAR ENERGY OPERATING, LLCRIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGOct 2023RIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGOct 2023RIDGEMAR ENERGY OPERATING, LLCRIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGOct 2023VALERO MARKETING AND SUPPLY COMPANYRIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGOct 2023EASTEX CRUDE COMPANY, LLCRIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGOct 2023SHELL TRADING (US) COMPANYRIDGEMAR ENERGY OPERATING, LLC
01-291276MUSTANG 3HOct 2023SHELL TRADING (US) COMPANYRIDGEMAR ENERGY OPERATING, LLC
01-291276MUSTANG 3HOct 2023RIDGEMAR ENERGY OPERATING, LLC
01-291276MUSTANG 3HOct 2023EASTEX CRUDE COMPANY, LLCRIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGSep 2023RIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGSep 2023SHELL TRADING (US) COMPANYRIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGSep 2023RIDGEMAR ENERGY OPERATING, LLCRIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGSep 2023EASTEX CRUDE COMPANY, LLCRIDGEMAR ENERGY OPERATING, LLC
01-291474MUSTANG 1HSep 2023EASTEX CRUDE COMPANY, LLCRIDGEMAR ENERGY OPERATING, LLC
01-291276MUSTANG 3HSep 2023RIDGEMAR ENERGY OPERATING, LLC
01-291276MUSTANG 3HSep 2023EASTEX CRUDE COMPANY, LLCRIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGAug 2023RIDGEMAR ENERGY OPERATING, LLCRIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGAug 2023RIDGEMAR ENERGY OPERATING, LLC
01-16408MUSTANGAug 2023EASTEX CRUDE COMPANY, LLCRIDGEMAR (EAGLE FORD) LLC
01-16408MUSTANGJul 2023RIDGEMAR (EAGLE FORD) LLC
01-16408MUSTANGJul 2023SHELL TRADING (US) COMPANYRIDGEMAR (EAGLE FORD) LLC