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 - Jan 2025
Total Oil Production199,940 BBLs
Total Gas Production100,112 MCF
Recent Oil Production619 BBLs in Dec 2024
Recent Gas Production1,371 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for Medusa

ShaleAssessment™

$65,798 *

MarketMultiple™

$96,129 **

* 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 Jan 2025

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
CondorGaines County, TX312 BBLs2,293 MCFJan 2025
ConeGaines County, TX2 BBLs0 MCFJan 2025
ElamGaines County, TX4,291 BBLs142 MCFJan 2025
Elam (Queen Sand) UnitGaines County, TX0 BBLs0 MCFOct 2024
Good BullGaines County, TX512 BBLs0 MCFJan 2025
HenryGaines County, TX1,321 BBLs0 MCFJan 2025
MariusGaines County, TX396 BBLs1,230 MCFJan 2025
MarsGaines County, TX0 BBLs0 MCFMar 2024
Maverick 4Gaines County, TX671 BBLs124 MCFJan 2025
McConal-ClarkGaines County, TX833 BBLs0 MCFJan 2025
MemnonGaines County, TX338 BBLs55 MCFJan 2025
MeropeGaines County, TX0 BBLs0 MCFApr 2019
MortonGaines County, TX380 BBLs0 MCFJan 2025
MurtiaGaines County, TX775 BBLs577 MCFJan 2025
Pogue, MGaines County, TX610 BBLs0 MCFJan 2025
Quail 4Gaines County, TX1,132 BBLs982 MCFJan 2025
ShusaGaines County, TX5,064 BBLs0 MCFJan 2025
SinaiGaines County, TX475 BBLs0 MCFJan 2025
WhartonGaines County, TX7,291 BBLs2,739 MCFJan 2025
Wharton A.BGaines County, TX2,383 BBLs417 MCFJan 2025

Companies in the Area

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

Company Name
Bald Eagle Operating Inc.
Caprock Operating, Inc.
Chaparral Energy, L.L.C.
Chevron USA Inc
Coastal Oil & Gas Corporation
Contango Resources LLC
Hilcorp Energy Company
Incline Energy
Jetta Operating Company Inc
Lynx Operating Co., Inc.
Occidental Permian LTD.
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.
Vin Fisher Operating, Inc.
Zarvona Energy LLC

Frac'ing activity on Medusa

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-165-38579Medusa 1H

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
2024HEWETT ERMA JOMEDUSARING ENERGY, I
2024KIRK DAVID LESTERMEDUSARING ENERGY, I
2024HALSTEAD JERI LYNNMEDUSARING 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.