Venus

Oil & Gas Property in Andrews County, TX

Property Summary

Key data points for Venus

CountyAndrews County, TX
OperatorRING ENERGY, INC.
Production DatesFeb 2017 - Dec 2023
Total Oil Production208,285 BBLs
Total Gas Production86,863 MCF
Recent Oil Production1,160 BBLs in Nov 2023
Recent Gas Production2,584 MCF in Nov 2023
Wells on Property1

Our Valuation Estimates for Venus

ShaleAssessment

$64,319 *

MarketMultiple

$152,651 **

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

Based on a decimal interest

Venus Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Venus
from Feb 2017 to Dec 2023

Wells on Venus

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-47437VENUS 1HRING ENERGY, INC.ProducingAndrews County, TX32.512453-102.608908

Leases included in Venus

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-48429VENUSRING ENERGY, INC.Andrews County, TX

Nearby Properties

These are the closest 20 properties to the Venus property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CaesarAndrews County, TX418 BBLs172 MCFDec 2023
CeresAndrews County, TX618 BBLs308 MCFDec 2023
CetoAndrews County, TX439 BBLs814 MCFDec 2023
ChaparralAndrews County, TX462 BBLs0 MCFDec 2023
CiloAndrews County, TX621 BBLs1,263 MCFDec 2023
Crews-MastAndrews County, TX656 BBLs2,512 MCFDec 2023
CronusAndrews County, TX1,016 BBLs466 MCFDec 2023
CygnusAndrews County, TX643 BBLs60 MCFDec 2023
HadrianAndrews County, TX911 BBLs1,935 MCFDec 2023
Hair Of The DogAndrews County, TX25 BBLs15 MCFDec 2023
HestiaAndrews County, TX1,044 BBLs2,323 MCFDec 2023
Junior VarsityAndrews County, TX25 BBLs898 MCFDec 2023
Mathews FannieAndrews County, TX0 BBLs0 MCFOct 2022
Oaks StateAndrews County, TX243 BBLs0 MCFDec 2023
PersephoneAndrews County, TX1,205 BBLs2,106 MCFDec 2023
PolluxAndrews County, TX558 BBLs0 MCFDec 2023
ProserpinaAndrews County, TX1,071 BBLs1,409 MCFDec 2023
Sight For Sore EyesAndrews County, TX730 BBLs2,575 MCFDec 2023
State Lucky StrikeAndrews County, TX48 BBLs112 MCFDec 2023
ZenaAndrews County, TX9,563 BBLs4,571 MCFDec 2023

Owners of Venus

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023RING ENERGY INCVENUSRING ENERGY, I
2023ELI RUSH CREWS RANCH LLCVENUSRING ENERGY, I
2023ZPZ DELAWARE I LLCVENUSRING ENERGY, I
2023OCCIDENTAL PERMIAN LTDVENUSRING ENERGY, I
2023OCCIDENTAL PERMIAN LTDVENUSRING ENERGY, I
2023WINSTON PARTNERS LTDVENUSRING ENERGY, I
2023PENN ENTERPRISES INCVENUSRING ENERGY, I
2023ABELL HANGER FOUNDATIONVENUSRING ENERGY, I
Displaying 8 of 15 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Venus

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-48429VENUSDec 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSNov 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSNov 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSOct 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSOct 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSSep 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSAug 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSJul 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSJun 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSJun 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSMay 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSMay 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSApr 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSMar 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSMar 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSFeb 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSJan 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSJan 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSDec 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSDec 2022DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSNov 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSNov 2022DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSOct 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSOct 2022DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSSep 2022PHILLIPS 66 COMPANYRING ENERGY, INC.