Pallas

Oil & Gas Property in Andrews County, TX

  2. Texas
  3. Andrews County, TX
  4. Oil & Gas Properties in Andrews County, TX
  5. Pallas Oil & Gas Property

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Property Summary

Key data points for Pallas

CountyAndrews County, TX
OperatorRING ENERGY, INC.
Production DatesJan 2018 - Sep 2024
Total Oil Production122,605 BBLs
Total Gas Production50,066 MCF
Recent Oil Production699 BBLs in Aug 2024
Recent Gas Production1,035 MCF in Aug 2024
Wells on Property1

Our Valuation Estimates for Pallas

ShaleAssessment™

$49,594 *

MarketMultiple™

$112,030 **

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

Based on a decimal interest

Pallas 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 Pallas
from Jan 2018 to Sep 2024

Wells on Pallas

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-47674PALLAS 1HRING ENERGY, INC.ProducingAndrews County, TX32.506505-102.642091

Leases included in Pallas

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-50273PALLASRING ENERGY, INC.Andrews County, TX

Nearby Properties

These are the closest 20 properties to the Pallas property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderAndrews County, TX0 BBLs0 MCFOct 2022
AugustusAndrews County, TX343 BBLs531 MCFSep 2024
CaesarAndrews County, TX450 BBLs398 MCFSep 2024
CeresAndrews County, TX693 BBLs926 MCFSep 2024
CetoAndrews County, TX1,216 BBLs1,666 MCFSep 2024
ChaosAndrews County, TX427 BBLs608 MCFSep 2024
CharitiesAndrews County, TX293 BBLs818 MCFSep 2024
Crews S.E.-Mast -8Andrews County, TX606 BBLs1,063 MCFSep 2024
Crews-MastAndrews County, TX1,568 BBLs1,835 MCFSep 2024
CronusAndrews County, TX1,018 BBLs245 MCFSep 2024
CygnusAndrews County, TX615 BBLs1,357 MCFSep 2024
HallAndrews County, TX152 BBLs0 MCFSep 2024
Jordan, AAndrews County, TX23 BBLs0 MCFSep 2024
Junior VarsityAndrews County, TX43 BBLs310 MCFSep 2024
Oaks StateAndrews County, TX276 BBLs241 MCFSep 2024
PolluxAndrews County, TX1,146 BBLs843 MCFSep 2024
Raider Power StateAndrews County, TX125 BBLs142 MCFSep 2024
State Lucky StrikeAndrews County, TX47 BBLs31 MCFSep 2024
TheaAndrews County, TX809 BBLs1,041 MCFSep 2024
True GritAndrews County, TX592 BBLs0 MCFSep 2024

Companies in the Area

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

Company Name
Bald Eagle Operating Inc.
Bass Enterprises Production Co
Caprock Operating, Inc.
Citation Oil & Gas Corp.
Extex Operating Company
Grasha, Matthew P.
Hunt Oil Company
Lynx Energy Company, Inc.
Lynx Operating Co., Inc.
McDonnold Operating, Inc.
Meridian Exploration Corp.
Oxy USA Inc
Parallel Petroleum LLC
Pitts Energy Co.
Raw Oil & Gas, Inc.
Ring Energy, Inc.
Ryann Operating, LLC
Triumph Exploration, Inc.
Vin Fisher Operating, Inc.
Wood, McShane & Thams

Owners of Pallas

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024RING ENERGY INCPALLASRING ENERGY, I
2024CREWS & MAST LLCPALLASRING ENERGY, I
2024EXEMPT-STATE OF TEXASPALLASRING ENERGY, I
2024ZPZ DELAWARE I LLCPALLASRING ENERGY, I
2024ELI RUSH CREWS RANCH LLCPALLASRING ENERGY, I
2024WINSTON PARTNERS LTDPALLASRING ENERGY, I
2024BAKER FAMILY ROYALTY TRUSTPALLASRING ENERGY, I
2024PENN ENTERPRISES INCPALLASRING ENERGY, I
Displaying 8 of 15 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Pallas

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-50273PALLASAug 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASJul 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASJul 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASJun 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASJun 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASMay 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASMay 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASApr 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASMar 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASMar 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASFeb 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASFeb 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASJan 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASJan 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASDec 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASDec 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASNov 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASNov 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASOct 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASOct 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASSep 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASSep 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASAug 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-50273PALLASAug 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-50273PALLASJul 2023PHILLIPS 66 COMPANYRING ENERGY, INC.