FIELDS
FIELDS is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Maralo, LLC. It has 4 wellbores on file with the Commission. Reported production runs from March 2001 to August 2026, totalling 487,448 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $959K, with roughly $183K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 230 barrels a month, about 57 per wellbore. Its strongest month on the record we hold was November 2018, at 765 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about FIELDS
- Who operates FIELDS?
- FIELDS is operated by Maralo, LLC, Railroad Commission of Texas operator number 525339.
- Where is FIELDS?
- FIELDS is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68289.
- Is FIELDS still producing?
- FIELDS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FIELDS is August 2026.
- How much has FIELDS produced?
- FIELDS has reported 487,448 barrels of oil (bbl) to the Railroad Commission of Texas between March 2001 and August 2026, from 4 wellbores.
- How much is FIELDS worth?
- The remaining production from FIELDS is estimated to be worth about $959K in total as of 26 August 2026, within a range of $748K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FIELDS is a fraction of it. The estimate fits an Arps decline curve to the production FIELDS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FIELDS is an estimate of value, not an offer and not an appraisal.
- How much income does FIELDS generate in a year?
- FIELDS is forecast to net about $183K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FIELDS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maralo, LLC |
|---|---|
| Field | Salisbury (L. Leonard SD.) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 68289 |
| Wellbores | 4 |
| Reported production | 487,448 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $959K |
Where FIELDS sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.