Hebe

Oil & Gas Property in Andrews County, TX

Property Summary

Key data points for Hebe

CountyAndrews County, TX
OperatorRING ENERGY, INC.
Production DatesOct 2023 - May 2024
Total Oil Production30,574 BBLs
Total Gas Production5,143 MCF
Recent Oil Production3,249 BBLs in May 2024
Recent Gas Production137 MCF in May 2024
Wells on Property1

Our Valuation Estimates for Hebe

ShaleAssessment

Not Available

MarketMultiple

$529,115 **

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

Based on a decimal interest

Hebe Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Hebe
from Oct 2023 to May 2024

Wells on Hebe

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-48011HEBE 1HRING ENERGY, INC.ProducingAndrews County, TX32.434884-102.612613

Leases included in Hebe

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-60725HEBERING ENERGY, INC.Andrews County, TX

Nearby Properties

These are the closest 20 properties to the Hebe property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Acu 5Andrews County, TX3,446 BBLs1,036 MCFMay 2024
Dow-CorridorAndrews County, TX0 BBLs0 MCFJun 2019
Dow-HallAndrews County, TX0 BBLs0 MCFJun 2019
East John FisherAndrews County, TX391 BBLs0 MCFMay 2024
ErisAndrews County, TX819 BBLs357 MCFJun 2024
FalacerAndrews County, TX585 BBLs349 MCFJun 2024
FidesAndrews County, TX960 BBLs519 MCFJun 2024
FisherAndrews County, TX18,130 BBLs10,283 MCFJun 2024
Fisher Horse PastureAndrews County, TX1,999 BBLs0 MCFMay 2024
Fisher-GreavesAndrews County, TX337 BBLs472 MCFJun 2024
FlamsonAndrews County, TX1,519 BBLs188 MCFJun 2024
GardnerAndrews County, TX118 BBLs0 MCFJun 2024
HillbillyAndrews County, TX105 BBLs0 MCFJun 2024
HybresAndrews County, TX1,561 BBLs109 MCFJun 2024
KentAndrews County, TX5,621 BBLs3,725 MCFJun 2024
Nichols SisterloadAndrews County, TX0 BBLs0 MCFJun 2019
SavageAndrews County, TX0 BBLs0 MCFFeb 2024
StarkAndrews County, TX7,063 BBLs4,979 MCFJun 2024
WhiteAndrews County, TX1,064 BBLs729 MCFJun 2024
ZetasAndrews County, TX966 BBLs712 MCFJun 2024

Owners of Hebe

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024RING ENERGY INCHEBE #1HRING ENERGY, I

Oil & Gas Sales on Hebe

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
08-60725HEBEApr 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-60725HEBEMar 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-60725HEBEFeb 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-60725HEBEJan 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-60725HEBEDec 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-60725HEBENov 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-60725HEBEOct 2023PHILLIPS 66 COMPANYRING ENERGY, INC.