Means R. M. Etal -B

Oil & Gas Property in Andrews County, TX

Property Summary

Key data points for Means R. M. Etal -B

CountyAndrews County, TX
OperatorRING ENERGY, INC.
Production DatesJan 1993 - Jan 2024
Total Oil Production207,904 BBLs
Total Gas Production81,116 MCF
Recent Oil Production26 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Means R. M. Etal -B

ShaleAssessment

$558 *

MarketMultiple

$7,847 **

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

Based on a decimal interest

Means R. M. Etal -B Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Means R. M. Etal -B
from Jan 1993 to Jan 2024

Wells on Means R. M. Etal -B

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-45764MEANS R. M. ETAL -B- 2RING ENERGY, INC.ProducingAndrews County, TX32.464456-102.628164
42-003-46268MEANS R. M. ETAL -B- 3RING ENERGY, INC.ProducingAndrews County, TX32.466111-102.629131

Leases included in Means R. M. Etal -B

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-09273MEANS, R. M., ETAL -B-RING ENERGY, INC.Andrews County, TX
08-45395MEANS, R. M., ETAL -B-RING ENERGY, INC.Andrews County, TX

Nearby Properties

These are the closest 20 properties to the Means R. M. Etal -B property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Armstrong Elizabeth M. EtalAndrews County, TX1,268 BBLs326 MCFJan 2024
Bell CAndrews County, TX361 BBLs0 MCFJan 2024
Clampett JedAndrews County, TX938 BBLs495 MCFJan 2024
Deford R KAndrews County, TX477 BBLs195 MCFJan 2024
Deford-WhiteAndrews County, TX3,709 BBLs937 MCFJan 2024
Dow-CorridorAndrews County, TX0 BBLs0 MCFJun 2019
Dow-HallAndrews County, TX0 BBLs0 MCFJun 2019
East John FisherAndrews County, TX378 BBLs0 MCFJan 2024
FalacerAndrews County, TX678 BBLs380 MCFDec 2023
FamaAndrews County, TX831 BBLs479 MCFDec 2023
FaunaAndrews County, TX486 BBLs66 MCFDec 2023
FebruusAndrews County, TX550 BBLs1,423 MCFDec 2023
FidesAndrews County, TX1,152 BBLs707 MCFDec 2023
FloraAndrews County, TX1,142 BBLs0 MCFDec 2023
FortunaAndrews County, TX504 BBLs615 MCFDec 2023
HillbillyAndrews County, TX108 BBLs0 MCFJan 2024
McQuattersAndrews County, TX284 BBLs328 MCFJan 2024
R.K. Deford AAndrews County, TX794 BBLs130 MCFJan 2024
UnderwoodAndrews County, TX6,536 BBLs2,384 MCFJan 2024
WhiteAndrews County, TX10,439 BBLs2,721 MCFJan 2024

Owners of Means R. M. Etal -B

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023RING ENERGY INCMEANS, R. M., ETAL -B-RING ENERGY, I
2023RING ENERGY INCMEANS R M ETAL -BRING ENERGY, I
2023SUN OPERATING LPMEANS, R. M., ETAL -B-RING ENERGY, I
2023DAUGHERTY MATTHEW RMEANS, R. M., ETAL -B-RING ENERGY, I
2023MAJESTIC MINERALS & ROYALTY LPMEANS, R. M., ETAL -B-RING ENERGY, I
2023FOSTER RANDALL RMEANS, R. M., ETAL -B-RING ENERGY, I
2023DORCHESTER MINERALS LPMEANS, R. M., ETAL -B-RING ENERGY, I
2023SABINE ROYALTY TRUSTMEANS, R. M., ETAL -B-RING ENERGY, I
Displaying 8 of 48 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Means R. M. Etal -B

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-45395MEANS, R. M., ETAL -B-Nov 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Jul 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Jun 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Mar 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Jan 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Aug 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Apr 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Jan 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Oct 2021PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Aug 2021PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Jul 2021PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-May 2021PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Apr 2021PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Mar 2021PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Feb 2021PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Jan 2021PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Dec 2020PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Nov 2020PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Oct 2020PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Sep 2020PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Aug 2020PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Jul 2020PHILLIPS 66 COMPANYRING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Apr 2020OCCIDENTAL ENERGY MARKETING, INC.RING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Feb 2020OCCIDENTAL ENERGY MARKETING, INC.RING ENERGY, INC.
08-45395MEANS, R. M., ETAL -B-Jun 2018OCCIDENTAL ENERGY MARKETING, INC.RING ENERGY, INC.