Pallas

Oil & Gas Property in Andrews County, TX

  2. Texas
  3. Andrews County, TX
  4. Oil & Gas Properties in Andrews County, TX
  5. Pallas Oil & Gas Property

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Property Summary

Key data points for Pallas

CountyAndrews County, TX
OperatorRING ENERGY, INC.
Production DatesJan 2018 - Dec 2023
Total Oil Production113,336 BBLs
Total Gas Production41,408 MCF
Recent Oil Production887 BBLs in Dec 2023
Recent Gas Production831 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Pallas

ShaleAssessment™

$70,352 *

MarketMultiple™

$145,854 **

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

Based on a decimal interest

Pallas Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Pallas
from Jan 2018 to Dec 2023

Wells on Pallas

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-47674PALLAS 1HRING ENERGY, INC.ProducingAndrews County, TX32.506505-102.642091

Leases included in Pallas

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-50273PALLASRING ENERGY, INC.Andrews County, TX

Nearby Properties

These are the closest 20 properties to the Pallas property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderAndrews County, TX0 BBLs0 MCFOct 2022
AugustusAndrews County, TX534 BBLs307 MCFDec 2023
CeresAndrews County, TX394 BBLs316 MCFDec 2023
CetoAndrews County, TX444 BBLs946 MCFDec 2023
CharitiesAndrews County, TX369 BBLs647 MCFDec 2023
Crews S.E.-Mast -8Andrews County, TX627 BBLs3,688 MCFJan 2024
Crews-MastAndrews County, TX944 BBLs4,413 MCFJan 2024
CronusAndrews County, TX816 BBLs806 MCFDec 2023
CygnusAndrews County, TX426 BBLs60 MCFDec 2023
HallAndrews County, TX270 BBLs0 MCFJan 2024
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
Jordan, AAndrews County, TX32 BBLs0 MCFJan 2024
Junior VarsityAndrews County, TX22 BBLs1,107 MCFJan 2024
Lucky TexanAndrews County, TX1,032 BBLs15 MCFJan 2024
Oaks StateAndrews County, TX182 BBLs363 MCFJan 2024
PolluxAndrews County, TX412 BBLs272 MCFDec 2023
Raider Power StateAndrews County, TX148 BBLs1,089 MCFJan 2024
State Lucky StrikeAndrews County, TX50 BBLs138 MCFJan 2024
TheaAndrews County, TX477 BBLs641 MCFDec 2023
True GritAndrews County, TX1,095 BBLs5 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Pallas property.

Company Name
Bald Eagle Operating Inc.
Bass Enterprises Production Co
Caprock Operating, Inc.
Citation Oil & Gas Corp.
Crownquest Operating, LLC
Extex Operating Company
Grasha, Matthew P.
Hunt Oil Company
Lynx Energy Company, Inc.
Lynx Operating Co., Inc.
McDonnold Operating, Inc.
Meridian Exploration Corp.
Oxy USA Inc
Parallel Petroleum LLC
Pitts Energy Co.
Raw Oil & Gas, Inc.
Ring Energy, Inc.
Ryann Operating, LLC
Wood, McShane & Thams
WTG Exploration

Owners of Pallas

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023RING ENERGY INCPALLASRING ENERGY, I
2023CREWS & MAST LLCPALLASRING ENERGY, I
2023EXEMPT-STATE OF TEXASPALLASRING ENERGY, I
2023ZPZ DELAWARE I LLCPALLASRING ENERGY, I
2023ELI RUSH CREWS RANCH LLCPALLASRING ENERGY, I
2023WINSTON PARTNERS LTDPALLASRING ENERGY, I
2023BAKER FAMILY ROYALTY TRUSTPALLASRING ENERGY, I
2023PENN ENTERPRISES INCPALLASRING ENERGY, I
Displaying 8 of 15 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Pallas

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-50273PALLASDec 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASNov 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASNov 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASOct 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASOct 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASSep 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASAug 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASJul 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASJun 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASJun 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASMay 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASMay 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASApr 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASMar 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASMar 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASFeb 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASJan 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASJan 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASDec 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASDec 2022DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASNov 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASNov 2022DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASOct 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASOct 2022DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASSep 2022PHILLIPS 66 COMPANYRING ENERGY, INC.