Merope

Oil & Gas Property in Gaines County, TX

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

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Property Summary

Key data points for Merope

CountyGaines County, TX
OperatorRING ENERGY, INC.
Production DatesJun 2018 - Apr 2019
Total Oil Production9,214 BBLs
Total Gas Production9,850 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property4

Our Valuation Estimates for Merope

ShaleAssessment™

Not Available

MarketMultiple™

Not Available

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

Based on a decimal interest

Merope Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Merope
from Jun 2018 to Apr 2019

Wells on Merope

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-38695MEROPE 3HRING ENERGY, INC.Shut InGaines County, TX32.579890-102.649294
42-165-38702MEROPE 2HRING ENERGY, INC.Shut InGaines County, TX32.581047-102.645782
42-165-38704MEROPE 1HRING ENERGY, INC.Horizontal Well Surface LocatioGaines County, TX32.582132-102.642223
42-165-38731MEROPE 1HRING ENERGY, INC.Horizontal Well Surface LocatioGaines County, TX32.582209-102.642683

Leases included in Merope

Lease #Lease NameOperatorCounty
08-51659MEROPERING ENERGY, INC.Gaines County, TX

Nearby Properties

These are the closest 20 properties to the Merope 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
MemnonGaines County, TX614 BBLs456 MCFDec 2023
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 Merope 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

Oil & Gas Sales on Merope

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
08-51659MEROPEMay 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51659MEROPEApr 2019DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51659MEROPEMar 2019DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51659MEROPEFeb 2019DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51659MEROPEJan 2019DCP OPERATING COMPANY, LPRING ENERGY, INC.