Memnon

Oil & Gas Property in Gaines County, TX

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

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Property Summary

Key data points for Memnon

CountyGaines County, TX
OperatorRING ENERGY, INC.
Production DatesJun 2018 - Dec 2023
Total Oil Production67,721 BBLs
Total Gas Production24,438 MCF
Recent Oil Production614 BBLs in Dec 2023
Recent Gas Production456 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Memnon

ShaleAssessment™

Not Available

MarketMultiple™

$61,209 **

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

Based on a decimal interest

Memnon 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 Memnon
from Jun 2018 to Dec 2023

Wells on Memnon

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-38652MEMNON 1HRING ENERGY, INC.ProducingGaines County, TX32.571436-102.649206

Leases included in Memnon

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-51635MEMNONRING ENERGY, INC.Gaines County, TX

Nearby Properties

These are the closest 20 properties to the Memnon property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BromiosGaines County, TX323 BBLs1,044 MCFDec 2023
Colgan St. AGaines County, TX261 BBLs0 MCFJan 2024
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
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
MayoGaines County, TX37 BBLs0 MCFJan 2024
McConal-ClarkGaines County, TX319 BBLs0 MCFJan 2024
MedusaGaines County, TX1,210 BBLs1,569 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
ShusaGaines County, TX5,983 BBLs10 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 Memnon property.

Company Name
Apache Corporation
Bald Eagle Operating Inc.
Caprock Operating, Inc.
Chaparral Energy, L.L.C.
Chevron USA Inc
Coastal Oil & Gas Corporation
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
Thompson, J. Cleo
Wood, McShane & Thams
Zarvona Energy LLC

Owners of Memnon

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023RING ENERGY INCMEMNONRING ENERGY, I
2023LANDERETH RI SUSPENSEMEMNONRING ENERGY, I
2023LECLAIRE DOUGLAS WMEMNONRING ENERGY, I
2023KIRK ALBERT LAWRENCEMEMNONRING ENERGY, I
2023BROEDER JOINT TRUSTMEMNONRING ENERGY, I
2023MDJ MINERALS LLPMEMNONRING ENERGY, I
2023SHAFTER LAKE ROYALTYMEMNONRING ENERGY, I
2023KIRK DAVID LESTERMEMNONRING ENERGY, I
Displaying 8 of 62 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Memnon

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-51635MEMNONDec 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONNov 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONNov 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONOct 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONOct 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONSep 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONAug 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONJul 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONJun 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONJun 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONMay 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONMay 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONApr 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONMar 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONMar 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONFeb 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONJan 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONJan 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONDec 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONDec 2022DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONNov 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONNov 2022DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONOct 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONOct 2022DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONSep 2022PHILLIPS 66 COMPANYRING ENERGY, INC.