Medusa

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Medusa

County,
OperatorRING ENERGY, INC.
Production DatesNov 2017 - Feb 2025
Total Oil Production200,301 BBLs
Total Gas Production101,024 MCF
Recent Oil Production499 BBLs in Jan 2025
Recent Gas Production1,279 MCF in Jan 2025
Wells on Property1

Our Valuation Estimates for Medusa

ShaleAssessment

$64,660 *

MarketMultiple

$88,130 **

* 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
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to oil and gas production for Medusa
from Nov 2017 to Feb 2025

Wells on Medusa

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,

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
Colgan St. AGaines County, TX464 BBLs0 MCFFeb 2025
CondorGaines County, TX233 BBLs829 MCFFeb 2025
ConeGaines County, TX14 BBLs0 MCFFeb 2025
ElamGaines County, TX4,907 BBLs146 MCFFeb 2025
Elam (Queen Sand) UnitGaines County, TX0 BBLs0 MCFOct 2024
Good BullGaines County, TX712 BBLs0 MCFFeb 2025
HenryGaines County, TX1,207 BBLs0 MCFFeb 2025
MarsGaines County, TX0 BBLs0 MCFMar 2024
Maverick 4Gaines County, TX646 BBLs122 MCFFeb 2025
MayoGaines County, TX32 BBLs0 MCFFeb 2025
McConal-ClarkGaines County, TX876 BBLs0 MCFFeb 2025
MeropeGaines County, TX0 BBLs0 MCFApr 2019
MortonGaines County, TX306 BBLs0 MCFFeb 2025
MurtiaGaines County, TX364 BBLs593 MCFFeb 2025
Pogue, MGaines County, TX521 BBLs0 MCFFeb 2025
Quail 4Gaines County, TX1,077 BBLs854 MCFFeb 2025
ShusaGaines County, TX4,435 BBLs0 MCFFeb 2025
SinaiGaines County, TX451 BBLs0 MCFFeb 2025
WhartonGaines County, TX7,178 BBLs2,417 MCFFeb 2025
Wharton A.BGaines County, TX2,349 BBLs411 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Medusa property.

Company Name

Owners of Medusa

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024LANDERETH RI SUSPENSEMEDUSARING ENERGY, I
2024RING ENERGY INCMEDUSARING ENERGY, I
2024KIRK ALBERT LAWRENCEMEDUSARING ENERGY, I
2024BROEDER JOINT TRUSTMEDUSARING ENERGY, I
2024SHAFTER LAKE ROYALTYMEDUSARING ENERGY, I
2024HALSTEAD JERI LYNNMEDUSARING ENERGY, I
2024HEWETT ERMA JOMEDUSARING ENERGY, I
2024KIRK DAVID LESTERMEDUSARING ENERGY, I
Displaying 8 of 50 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
08-49868MEDUSAOct 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSASep 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSASep 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAAug 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAAug 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAJul 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAJul 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAJun 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAJun 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAMay 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAMay 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAApr 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAApr 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAMar 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAMar 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAFeb 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAFeb 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAJan 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAJan 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSADec 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSADec 2023DCP OPERATING COMPANY, LPRING 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.