Oil and gas leases in Ariel Resources, Inc.

Ariel Resources, Inc. is a Texas operator, Commission number 030117, with 2 leases reporting production across 1 county. Between them they carry 2 wellbores. Reported volumes run from January 1993 to May 1997 and come to 83 thousand Mcf of gas. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about Ariel Resources, Inc.

How many oil and gas leases are in Ariel Resources, Inc.?
Ariel Resources, Inc. has 2 oil and gas leases with production reported to the Railroad Commission of Texas, as of May 1997.
How much oil and gas has Ariel Resources, Inc. produced?
Leases in Ariel Resources, Inc. have reported 82,741 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and May 1997.
How much are mineral rights in Ariel Resources, Inc. worth?
There is no single figure: what a mineral or royalty interest in Ariel Resources, Inc. is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 2 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Counties here

Railroad Commission districts

Leases

  • SMOTHERS — gas, Ariel Resources, Inc., Lavaca County, 74 thousand reported
  • KLIMITCHEK, J. — gas, Ariel Resources, Inc., Lavaca County, 9 thousand reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.