MARS

Operated by RING ENERGY, INC. (P-5 712382) in the BLOCK A-34 (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 49943District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.1 M
Dec 2017 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
102
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 160 leases and 433 wells, and the rule below applies to all of them.

Discovered
1979-03-16
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2016-11-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OPTIONAL ACRES 10,NO MAX DIAGONAL, SALVAGE FIELD

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition16,958 bbl$1,050,293
Casinghead gasProduction22,305 Mcf$68,570
Total$1,118,862

Every month this lease reported (102)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

102 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024103180.301.55$851
Feb 20245039776.091.78$4,513
Jan 20244939473.023.30$4,877
Dec 20233236571.262.61$3,233
Nov 20232819277.892.81$2,720
Oct 2023441,01385.443.09$6,887
Sep 2023481,84489.042.74$9,317
Aug 2023681,53080.522.67$9,565
Jul 2023741,32774.852.64$9,045
Jun 2023921,18168.962.26$9,012
May 2023501,24870.622.23$6,311
Apr 2023861,36778.122.24$9,777
Mar 2023721,53572.852.39$8,919
Feb 2023791,61075.112.47$9,903
Jan 2023831,47776.533.39$11,356
Dec 20221081,14276.415.73$14,795
Nov 2022116085.005.65$9,860
Oct 202278087.185.86$6,800
Sep 2022120084.888.16$10,186
Aug 2022134094.529.13$12,666
Jul 20221270101.587.54$12,901
Jun 20222020115.097.98$23,248
May 2022970109.378.43$10,609
Apr 20221050104.226.84$10,943
Mar 20221210108.885.08$13,174
Feb 2022119091.054.86$10,835
Jan 202295081.844.54$7,775
Dec 2021123071.323.90$8,772
Nov 2021127077.435.24$9,834
Oct 2021135079.795.71$10,772
Sep 20211111,78669.865.35$17,311
Aug 2021157066.024.22$10,365
Jul 202191070.783.98$6,441
Jun 202183069.493.38$5,768
May 2021109063.483.02$6,919
Apr 2021146060.362.76$8,813
Mar 2021147061.302.72$9,011
Feb 202134057.805.55$1,965
Jan 202183050.412.81$4,184
Dec 2020166044.642.68$7,410
Nov 2020128038.772.71$4,963
Oct 2020117036.972.48$4,325
Sep 202097037.091.99$3,598
Aug 2020153039.982.39$6,117
Jul 202074038.371.83$2,839
Jun 2020106034.901.69$3,699
May 20200016.921.81$0
Apr 2020184014.751.80$2,714
Mar 2020288030.341.86$8,738
Feb 2020273049.881.98$13,617
Jan 20202729157.252.09$15,763
Dec 201925853259.012.30$16,451
Nov 201918137755.302.75$11,046
Oct 2019195053.472.42$10,427
Sep 2019172055.052.66$9,469
Aug 2019200353.112.30$10,629
Jul 2019221056.272.46$12,436
Jun 2019185052.782.49$9,764
May 2019213058.482.74$12,456
Apr 2019226062.632.75$14,154
Mar 2019264056.803.06$14,995
Feb 20192367850.852.79$12,218
Jan 201926430046.033.23$13,120
Dec 201836841446.594.19$18,878
Nov 201832841052.934.24$19,098
Oct 20184663161.443.40$28,736
Sep 20184288159.543.11$25,735
Aug 201846019259.403.07$27,913
Jul 201849818765.142.93$32,988
Jun 201882222760.183.08$50,166
May 201880527065.382.90$53,414
Apr 20181,19431863.842.90$77,147
Mar 20181,03435561.222.79$64,291
Feb 2018945061.782.77$58,382
Jan 2018857062.874.01$53,880
Dec 2017647057.272.92$37,054

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Mar 2024 — as filed, then multipliedworked
Oil                   10 bbl  × $ 80.30 =       $803
Casinghead gas        31 Mcf  × $  1.55 =        $48

────────────────────────────────────────────────────
Month total                                     $851

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/49943 is the state's own key, not one this site invented.