MARIUS

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 50231District 08Field 08958500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.8 M
Jul 2017 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
107
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
OilDisposition83,480 bbl$5,364,243
Casinghead gasProduction103,114 Mcf$403,551
Total$5,767,793

Every month this lease reported (107)

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

107 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 202565067.704.27$4,401
Feb 202513033470.884.34$10,664
Jan 202512345374.324.28$11,080
Dec 20244021,23068.993.12$31,573
Nov 20242031,67569.052.20$17,700
Oct 20242041,50371.372.28$17,988
Sep 20243031,61569.612.36$24,910
Aug 20242971,30775.632.06$25,159
Jul 20241901,27779.932.15$17,928
Jun 20243471,19778.082.63$30,247
May 20243311,14978.812.20$28,612
Apr 20243891,31884.451.66$35,038
Mar 202440287580.301.55$33,633
Feb 20242691,23176.091.78$22,664
Jan 20242351,57573.023.30$22,354
Dec 20235571,53971.262.61$43,710
Nov 20233311,57877.892.81$30,212
Oct 20234331,68185.443.09$42,185
Sep 20236091,44489.042.74$58,175
Aug 20235291,59180.522.67$46,848
Jul 20236181,72274.852.64$50,806
Jun 20237671,64668.962.26$56,610
May 20236711,68970.622.23$51,148
Apr 20236111,81178.122.24$51,784
Mar 20238402,72672.852.39$67,718
Feb 20236832,24775.112.47$56,841
Jan 20236222,28676.533.39$55,346
Dec 20226182,06076.415.73$59,023
Nov 20223611,48085.005.65$39,041
Oct 20228462,98187.185.86$91,234
Sep 20229172,73784.888.16$100,179
Aug 20228232,93694.529.13$104,587
Jul 20228382,496101.587.54$103,949
Jun 20228262,482115.097.98$114,864
May 20228692,853109.378.43$119,102
Apr 20228143,070104.226.84$105,827
Mar 20221,0452,241108.885.08$125,156
Feb 20225831,59491.054.86$60,827
Jan 20221,0201,74281.844.54$91,381
Dec 20217171,97371.323.90$58,829
Nov 20217502,43077.435.24$70,798
Oct 20219943,02979.795.71$96,619
Sep 2021832069.865.35$58,124
Aug 2021959066.024.22$63,313
Jul 20211,093070.783.98$77,363
Jun 20211,373069.493.38$95,410
May 20211,464063.483.02$92,935
Apr 20211,399060.362.76$84,444
Mar 20211,076061.302.72$65,959
Feb 2021613057.805.55$35,431
Jan 20211,035050.412.81$52,174
Dec 2020285044.642.68$12,722
Nov 202077038.772.71$2,985
Oct 20207370936.972.48$4,456
Sep 202012981437.091.99$6,405
Aug 202013275739.982.39$7,083
Jul 20207278538.371.83$4,195
Jun 2020044334.901.69$749
May 20200016.921.81$0
Apr 2020256014.751.80$3,776
Mar 2020393030.341.86$11,924
Feb 2020371,04849.881.98$3,921
Jan 202002,13557.252.09$4,472
Dec 20191102,18859.012.30$11,533
Nov 20191,5382,77155.302.75$92,674
Oct 20191,2342,27953.472.42$71,494
Sep 20191,4881,53955.052.66$86,004
Aug 20191,6442,13453.112.30$92,230
Jul 20191,6061,64356.272.46$94,412
Jun 20191,8241,57552.782.49$100,194
May 20191,8321,76558.482.74$111,972
Apr 20191,1521,76262.632.75$76,996
Mar 20191,73215956.803.06$98,864
Feb 20191,7782550.852.79$90,481
Jan 20191,246746.033.23$57,376
Dec 2018944546.594.19$44,002
Nov 20181,077052.934.24$57,006
Oct 20181,199461.443.40$73,680
Sep 20181,567059.543.11$93,299
Aug 20181,59714859.403.07$95,316
Jul 20181,5211,10065.142.93$102,303
Jun 20181,2521,05860.183.08$78,601
May 20181,339065.382.90$87,544
Apr 20181,81148863.842.90$117,030
Mar 20181,75697061.222.79$110,206
Feb 20181,168061.782.77$72,159
Jan 20182,224062.874.01$139,823
Dec 20173,246057.272.92$185,898
Nov 20172,648055.423.12$146,752
Oct 20173,805049.292.98$187,548
Sep 20172,969047.523.09$141,087
Aug 20171,632045.373.00$74,044
Jul 201761043.873.09$2,676

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 2025 — as filed, then multipliedworked
Oil                   65 bbl  × $ 67.70 =     $4,401
Casinghead gas         0 Mcf  × $  4.27 =         $0

────────────────────────────────────────────────────
Month total                                   $4,401

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/50231 is the state's own key, not one this site invented.