Medusa

Oil & Gas Property in Gaines County, TX

  2. Texas
  3. Gaines County, TX
  4. Oil & Gas Properties in Gaines County, TX
  5. Medusa Oil & Gas Property

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Property Summary

Key data points for Medusa

CountyGaines County, TX
OperatorRING ENERGY, INC.
Production DatesNov 2017 - Dec 2023
Total Oil Production189,162 BBLs
Total Gas Production84,431 MCF
Recent Oil Production1,210 BBLs in Dec 2023
Recent Gas Production1,569 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Medusa

ShaleAssessment™

$84,019 *

MarketMultiple™

$171,052 **

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

Based on a decimal interest

Medusa 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 Medusa
from Nov 2017 to Dec 2023

Wells on Medusa

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-38579MEDUSA 1HRING ENERGY, INC.ProducingGaines County, TX32.585879-102.650431

Leases included in Medusa

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-49868MEDUSARING ENERGY, INC.Gaines County, TX

Nearby Properties

These are the closest 20 properties to the Medusa property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BromiosGaines County, TX323 BBLs1,044 MCFDec 2023
ConeGaines County, TX13 BBLs0 MCFJan 2024
ElamGaines County, TX5,850 BBLs401 MCFJan 2024
Elam (Queen Sand) UnitGaines County, TX0 BBLs0 MCFNov 2023
Good BullGaines County, TX566 BBLs0 MCFJan 2024
HenryGaines County, TX1,151 BBLs0 MCFJan 2024
LandrethGaines County, TX31 BBLs0 MCFJan 2024
MariusGaines County, TX560 BBLs1,539 MCFDec 2023
MarsGaines County, TX32 BBLs365 MCFDec 2023
Maverick 4Gaines County, TX674 BBLs124 MCFJan 2024
McConal-ClarkGaines County, TX319 BBLs0 MCFJan 2024
MemnonGaines County, TX614 BBLs456 MCFDec 2023
MeropeGaines County, TX0 BBLs0 MCFApr 2019
MetasGaines County, TX1,042 BBLs1,493 MCFDec 2023
MortonGaines County, TX257 BBLs0 MCFDec 2023
MurtiaGaines County, TX390 BBLs1,135 MCFDec 2023
Pogue, MGaines County, TX620 BBLs0 MCFJan 2024
SinaiGaines County, TX545 BBLs0 MCFJan 2024
WhartonGaines County, TX8,445 BBLs2,661 MCFJan 2024
Wharton A.BGaines County, TX2,264 BBLs429 MCFJan 2024

Companies in the Area

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

Company Name
Apache Corporation
Bald Eagle Operating Inc.
Caprock Operating, Inc.
Chaparral Energy, L.L.C.
Chevron USA Inc
Coastal Oil & Gas Corporation
Contango Resources LLC
Extex Operating Company
Incline Energy
Inject Technologies Inc.
Jetta Operating Company Inc
Lynx Operating Co., Inc.
Parallel Petroleum LLC
Pierce Production Company, LLC
Ring Energy, Inc.
Sabinal Energy Operating, LLC
Seaboard Operating Co.
Texaco E & P Inc
Texland Petroleum, L.P.
Zarvona Energy LLC

Owners of Medusa

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023LANDERETH RI SUSPENSEMEDUSARING ENERGY, I
2023RING ENERGY INCMEDUSARING ENERGY, I
2023KIRK ALBERT LAWRENCEMEDUSARING ENERGY, I
2023BROEDER JOINT TRUSTMEDUSARING ENERGY, I
2023SHAFTER LAKE ROYALTYMEDUSARING ENERGY, I
2023HALSTEAD JERI LYNNMEDUSARING ENERGY, I
2023HEWETT ERMA JOMEDUSARING ENERGY, I
2023KIRK DAVID LESTERMEDUSARING ENERGY, I
Displaying 8 of 51 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Medusa

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-49868MEDUSADec 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSANov 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSANov 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAOct 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAOct 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSASep 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAAug 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAJul 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAJun 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAJun 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAMay 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAMay 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAApr 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAMar 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAMar 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAFeb 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAJan 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAJan 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSADec 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSADec 2022DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSANov 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSANov 2022DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAOct 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAOct 2022DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSASep 2022PHILLIPS 66 COMPANYRING ENERGY, INC.