Venus

Oil & Gas Property in Andrews County, TX

Property Summary

Key data points for Venus

CountyAndrews County, TX
OperatorRING ENERGY, INC.
Production DatesFeb 2017 - Sep 2024
Total Oil Production218,292 BBLs
Total Gas Production102,464 MCF
Recent Oil Production1,075 BBLs in Aug 2024
Recent Gas Production2,298 MCF in Aug 2024
Wells on Property1

Our Valuation Estimates for Venus

ShaleAssessment

$58,214 *

MarketMultiple

$171,152 **

* 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 Sep 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, 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
CiloAndrews County, TX620 BBLs1,386 MCFSep 2024
CronusAndrews County, TX1,018 BBLs245 MCFSep 2024
CygnusAndrews County, TX615 BBLs1,357 MCFSep 2024
HadrianAndrews County, TX784 BBLs2,299 MCFSep 2024
Hair Of The DogAndrews County, TX27 BBLs21 MCFSep 2024
HestiaAndrews County, TX1,323 BBLs2,299 MCFSep 2024
Junior VarsityAndrews County, TX43 BBLs310 MCFSep 2024
Mathews FannieAndrews County, TX0 BBLs0 MCFOct 2022
Oaks StateAndrews County, TX276 BBLs241 MCFSep 2024
PersephoneAndrews County, TX1,005 BBLs2,342 MCFSep 2024
PerseusAndrews County, TX401 BBLs959 MCFSep 2024
PolluxAndrews County, TX1,146 BBLs843 MCFSep 2024
ProserpinaAndrews County, TX1,071 BBLs1,715 MCFSep 2024
Sight For Sore EyesAndrews County, TX537 BBLs614 MCFSep 2024
ZenaAndrews County, TX4,075 BBLs778 MCFSep 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
08-48429VENUSAug 2024PHILLIPS 66 COMPANYRING 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.
08-48429VENUSSep 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSAug 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-48429VENUSAug 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-48429VENUSJul 2023PHILLIPS 66 COMPANYRING ENERGY, INC.