North Penwell Unit

Oil & Gas Property in Ector County, TX

Property Summary

Key data points for North Penwell Unit

County,
OperatorRING ENERGY, INC.
Production DatesJan 1993 - Feb 2025
Total Oil Production7,287,244 BBLs
Total Gas Production4,215,132 MCF
Recent Oil Production1,576 BBLs in Jan 2025
Recent Gas Production2,236 MCF in Jan 2025
Wells on Property259

Our Valuation Estimates for North Penwell Unit

ShaleAssessment

$288,451 *

MarketMultiple

$292,665 **

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

Based on a decimal interest

North Penwell Unit 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 North Penwell Unit
from Jan 1993 to Feb 2025

Wells on North Penwell Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
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Leases included in North Penwell Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-21556NORTH PENWELL UNITRING ENERGY, INC.Ector County, TX

Nearby Properties

These are the closest 20 properties to the North Penwell Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ConnellCrane County, TX13,886 BBLs10,517 MCFFeb 2025
East Penwell San Andres UnitEctor County, TX12,828 BBLs310 MCFFeb 2025
EctorEctor County, TX643 BBLs839 MCFFeb 2025
Ector -E- Fee NCTEctor County, TX53 BBLs0 MCFFeb 2025
Ector C Fee NCTEctor County, TX1 BBLs0 MCFFeb 2025
Harper DevonianEctor County, TX2,394 BBLs14,111 MCFFeb 2025
Judkins TownsiteEctor County, TX0 BBLs0 MCFDec 2016
Kloh A. Etal -G- /NCT-BEctor County, TX0 BBLs0 MCFNov 2024
McKenzieEctor County, TX267 BBLs0 MCFFeb 2025
MillardEctor County, TX33,383 BBLs109,078 MCFFeb 2025
MossEctor County, TX2,894 BBLs3,467 MCFFeb 2025
PenwellEctor County, TX3,930 BBLs46 MCFFeb 2025
Phillips-TXL 31Ector County, TX0 BBLs0 MCFMar 2024
ScharbauerEctor County, TX21,528 BBLs67,844 MCFFeb 2025
Shoe BarEctor County, TX573 BBLs0 MCFFeb 2025
Shoe Bar Ranch 26Ector County, TX675 BBLs0 MCFFeb 2025
Shoebar RanchEctor County, TX0 BBLs0 MCFJan 2016
TXL-XEctor County, TX0 BBLs0 MCFAug 1995
W.H. Grove AEctor County, TX0 BBLs0 MCFJul 2023
WoottonEctor County, TX382 BBLs0 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the North Penwell Unit property.

Company Name

Owners of North Penwell Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024SABINAL ENERGY OPERATING LLCPENWELL E SA UN TR 13SABINAL ENERGY OPERATING LLC
2024SABINAL ENERGY OPERATING LLCPENWELL E SA UN TR 12SABINAL ENERGY OPERATING LLC
2024SABINAL ENERGY OPERATING LLCPENWELL E SA UN TR 11SABINAL ENERGY OPERATING LLC
2024SABINAL ENERGY OPERATING LLCPENWELL E SA UN TR 14SABINAL ENERGY OPERATING LLC
2024CROSS TIMBERS ENERGYPENWELL E SA UN TR 13SABINAL ENERGY OPERATING LLC
2024SABINAL ENERGY OPERATING LLCPENWELL E SA UN TR 17SABINAL ENERGY OPERATING LLC
2024SABINAL ENERGY OPERATING LLCPENWELL E SA UN TR 18SABINAL ENERGY OPERATING LLC
2024SABINAL ENERGY OPERATING LLCPENWELL E SA UN TR 24SABINAL ENERGY OPERATING LLC
Displaying 8 of 2130 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on North Penwell Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-21556NORTH PENWELL UNITOct 2024CONCORD ENERGY LLCRING ENERGY, INC.
08-21556NORTH PENWELL UNITSep 2024CONCORD ENERGY LLCRING ENERGY, INC.
08-21556NORTH PENWELL UNITSep 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-21556NORTH PENWELL UNITSep 2024DCP OPERATING COMPANY, LPFOUNDERS OIL & GAS OPERATING, LLC
08-21556NORTH PENWELL UNITSep 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-21556NORTH PENWELL UNITSep 2024DCP OPERATING COMPANY, LPCONOCOPHILLIPS COMPANY
08-21556NORTH PENWELL UNITAug 2024CONCORD ENERGY LLCRING ENERGY, INC.
08-21556NORTH PENWELL UNITAug 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-21556NORTH PENWELL UNITAug 2024DCP OPERATING COMPANY, LPFOUNDERS OIL & GAS OPERATING, LLC
08-21556NORTH PENWELL UNITAug 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-21556NORTH PENWELL UNITAug 2024DCP OPERATING COMPANY, LPCONOCOPHILLIPS COMPANY
08-21556NORTH PENWELL UNITJul 2024CONCORD ENERGY LLCRING ENERGY, INC.
08-21556NORTH PENWELL UNITJul 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-21556NORTH PENWELL UNITJun 2024CONCORD ENERGY LLCRING ENERGY, INC.
08-21556NORTH PENWELL UNITJun 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-21556NORTH PENWELL UNITJun 2024DCP OPERATING COMPANY, LPFOUNDERS OIL & GAS OPERATING, LLC
08-21556NORTH PENWELL UNITJun 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-21556NORTH PENWELL UNITJun 2024DCP OPERATING COMPANY, LPCONOCOPHILLIPS COMPANY
08-21556NORTH PENWELL UNITMay 2024CONCORD ENERGY LLCRING ENERGY, INC.
08-21556NORTH PENWELL UNITMay 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-21556NORTH PENWELL UNITMay 2024DCP OPERATING COMPANY, LPFOUNDERS OIL & GAS OPERATING, LLC
08-21556NORTH PENWELL UNITMay 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-21556NORTH PENWELL UNITMay 2024DCP OPERATING COMPANY, LPCONOCOPHILLIPS COMPANY
08-21556NORTH PENWELL UNITApr 2024CONCORD ENERGY LLCRING ENERGY, INC.
08-21556NORTH PENWELL UNITApr 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.