Venus

Oil & Gas Property in Andrews County, TX

Property Summary

Key data points for Venus

CountyAndrews County, TX
OperatorRING ENERGY, INC.
Production DatesFeb 2017 - Nov 2024
Total Oil Production219,540 BBLs
Total Gas Production104,077 MCF
Recent Oil Production582 BBLs in Oct 2024
Recent Gas Production1,518 MCF in Oct 2024
Wells on Property1

Our Valuation Estimates for Venus

ShaleAssessment

$56,745 *

MarketMultiple

$143,753 **

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

Based on a decimal interest

Venus Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Venus
from Feb 2017 to Nov 2024

Wells on Venus

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-47437VENUS 1HRING ENERGY, INC.ProducingAndrews County, TX32.512453-102.608908

Leases included in Venus

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-48429VENUSRING ENERGY, INC.Andrews County, TX

Nearby Properties

These are the closest 20 properties to the Venus property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CaesarAndrews County, TX384 BBLs539 MCFNov 2024
CeresAndrews County, TX505 BBLs957 MCFNov 2024
CetoAndrews County, TX1,106 BBLs1,741 MCFNov 2024
CharitiesAndrews County, TX316 BBLs451 MCFNov 2024
Crews MastAndrews County, TX2,352 BBLs0 MCFNov 2024
CronusAndrews County, TX359 BBLs326 MCFNov 2024
CygnusAndrews County, TX591 BBLs243 MCFNov 2024
HadrianAndrews County, TX792 BBLs3,035 MCFNov 2024
Hair Of The DogAndrews County, TX47 BBLs0 MCFNov 2024
HestiaAndrews County, TX995 BBLs2,893 MCFNov 2024
Junior VarsityAndrews County, TX0 BBLs0 MCFNov 2024
Mathews FannieAndrews County, TX0 BBLs0 MCFOct 2022
Oaks StateAndrews County, TX132 BBLs0 MCFNov 2024
PersephoneAndrews County, TX1,062 BBLs2,504 MCFNov 2024
PerseusAndrews County, TX441 BBLs1,074 MCFNov 2024
PolluxAndrews County, TX855 BBLs706 MCFNov 2024
ProserpinaAndrews County, TX1,071 BBLs2,071 MCFNov 2024
Sight For Sore EyesAndrews County, TX374 BBLs0 MCFNov 2024
State Lucky StrikeAndrews County, TX47 BBLs0 MCFNov 2024
ZenaAndrews County, TX4,468 BBLs829 MCFNov 2024

Owners of Venus

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024RING ENERGY INCVENUSRING ENERGY, I
2024ELI RUSH CREWS RANCH LLCVENUSRING ENERGY, I
2024ZPZ DELAWARE I LLCVENUSRING ENERGY, I
2024OCCIDENTAL PERMIAN LTDVENUSRING ENERGY, I
2024OCCIDENTAL PERMIAN LTDVENUSRING ENERGY, I
2024WINSTON PARTNERS LTDVENUSRING ENERGY, I
2024PENN ENTERPRISES INCVENUSRING ENERGY, I
2024ABELL HANGER FOUNDATIONVENUSRING ENERGY, I
Displaying 8 of 15 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Venus

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-48429VENUSOct 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSSep 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSSep 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSAug 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSAug 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSJul 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSJul 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSJun 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSJun 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSMay 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSMay 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSApr 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSMar 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSMar 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSFeb 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSFeb 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSJan 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSJan 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSDec 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSDec 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSNov 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSNov 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSOct 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSOct 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSSep 2023PHILLIPS 66 COMPANYRING ENERGY, INC.