Venus

Oil & Gas Property in Andrews County, TX

Property Summary

Key data points for Venus

CountyAndrews County, TX
OperatorRING ENERGY, INC.
Production DatesFeb 2017 - Jan 2025
Total Oil Production221,879 BBLs
Total Gas Production107,079 MCF
Recent Oil Production1,620 BBLs in Dec 2024
Recent Gas Production1,289 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for Venus

ShaleAssessment

$55,174 *

MarketMultiple

$128,783 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Venus
from Feb 2017 to Jan 2025

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, TX444 BBLs416 MCFJan 2025
CeresAndrews County, TX752 BBLs526 MCFJan 2025
CetoAndrews County, TX1,012 BBLs1,309 MCFJan 2025
ChaosAndrews County, TX498 BBLs728 MCFJan 2025
CharitiesAndrews County, TX331 BBLs319 MCFJan 2025
Crews MastAndrews County, TX2,685 BBLs0 MCFJan 2025
CygnusAndrews County, TX707 BBLs312 MCFJan 2025
HadrianAndrews County, TX1,102 BBLs2,371 MCFJan 2025
Hair Of The DogAndrews County, TX32 BBLs0 MCFJan 2025
HestiaAndrews County, TX1,461 BBLs2,380 MCFJan 2025
Junior VarsityAndrews County, TX41 BBLs0 MCFJan 2025
Mathews FannieAndrews County, TX0 BBLs0 MCFOct 2022
Oaks StateAndrews County, TX591 BBLs0 MCFJan 2025
PersephoneAndrews County, TX1,104 BBLs1,391 MCFJan 2025
PerseusAndrews County, TX452 BBLs779 MCFJan 2025
PolluxAndrews County, TX863 BBLs499 MCFJan 2025
ProserpinaAndrews County, TX994 BBLs1,760 MCFJan 2025
Sight For Sore EyesAndrews County, TX771 BBLs0 MCFJan 2025
TheaAndrews County, TX258 BBLs1,058 MCFJan 2025
ZenaAndrews County, TX4,341 BBLs8,802 MCFJan 2025

Frac'ing activity on Venus

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-003-47437Venus 1H

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.