Oil & Gas Property in Gaines County, TX
Key data points for Medusa
| County | Gaines County, TX |
|---|---|
| Operator | RING ENERGY, INC. |
| Production Dates | Nov 2017 - May 2026 |
| Total Oil Production | 206,449 BBLs |
| Total Gas Production | 106,774 MCF |
| Recent Oil Production | 134 BBLs in Apr 2026 |
| Recent Gas Production | 166 MCF in Apr 2026 |
| Wells on Property | 1 |
Our Valuation Estimates for Medusa
ShaleAssessment™
$48,732 *
MarketMultiple™
$35,241 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Medusa property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bromios | Gaines County, TX | 414 BBLs | 748 MCF | May 2026 |
| Colgan St. A | Gaines County, TX | 417 BBLs | 0 MCF | May 2026 |
| Condor | Gaines County, TX | 294 BBLs | 1,290 MCF | May 2026 |
| Cone | Gaines County, TX | 9 BBLs | 0 MCF | May 2026 |
| Elam | Gaines County, TX | 2,303 BBLs | 180 MCF | May 2026 |
| Elam (Queen Sand) Unit | Gaines County, TX | 161 BBLs | 0 MCF | May 2026 |
| Good Bull | Gaines County, TX | 354 BBLs | 0 MCF | May 2026 |
| Henry | Gaines County, TX | 1,571 BBLs | 0 MCF | May 2026 |
| Mars | Gaines County, TX | 0 BBLs | 0 MCF | Mar 2024 |
| Maverick 4 | Gaines County, TX | 580 BBLs | 107 MCF | May 2026 |
| McConal-Clark | Gaines County, TX | 461 BBLs | 0 MCF | May 2026 |
| Merope | Gaines County, TX | 0 BBLs | 0 MCF | Apr 2019 |
| Morton | Gaines County, TX | 318 BBLs | 0 MCF | May 2026 |
| Murtia | Gaines County, TX | 374 BBLs | 1,389 MCF | May 2026 |
| Pogue, M | Gaines County, TX | 516 BBLs | 0 MCF | May 2026 |
| Quail 4 | Gaines County, TX | 951 BBLs | 799 MCF | May 2026 |
| Shusa | Gaines County, TX | 4,155 BBLs | 0 MCF | May 2026 |
| Sinai | Gaines County, TX | 366 BBLs | 0 MCF | May 2026 |
| Wharton | Gaines County, TX | 4,845 BBLs | 367 MCF | May 2026 |
| Wharton A.B | Gaines County, TX | 2,035 BBLs | 389 MCF | May 2026 |
These are the closest 20 companies operating near the Medusa property.