Medusa

Oil & Gas Property in Gaines County, TX

  2. Texas
  3. Gaines County, TX
  4. Oil & Gas Properties in Gaines County, TX
  5. Medusa Oil & Gas Property

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Property Summary

Key data points for Medusa

CountyGaines County, TX
OperatorRING ENERGY, INC.
Production DatesNov 2017 - Aug 2024
Total Oil Production197,186 BBLs
Total Gas Production94,046 MCF
Recent Oil Production838 BBLs in Jul 2024
Recent Gas Production453 MCF in Jul 2024
Wells on Property1

Our Valuation Estimates for Medusa

ShaleAssessment™

$72,284 *

MarketMultiple™

$110,204 **

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

Based on a decimal interest

Medusa 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 Medusa
from Nov 2017 to Aug 2024

Wells on Medusa

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-38579MEDUSA 1HRING ENERGY, INC.ProducingGaines County, TX32.585879-102.650431

Leases included in Medusa

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-49868MEDUSARING ENERGY, INC.Gaines County, TX

Nearby Properties

These are the closest 20 properties to the Medusa property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CondorGaines County, TX311 BBLs2,332 MCFAug 2024
ConeGaines County, TX1 BBLs0 MCFAug 2024
ElamGaines County, TX4,260 BBLs217 MCFAug 2024
Elam (Queen Sand) UnitGaines County, TX0 BBLs0 MCFAug 2024
Good BullGaines County, TX517 BBLs0 MCFAug 2024
HenryGaines County, TX1,017 BBLs0 MCFAug 2024
LandrethGaines County, TX38 BBLs0 MCFJul 2024
MarsGaines County, TX0 BBLs0 MCFMar 2024
Maverick 4Gaines County, TX677 BBLs124 MCFAug 2024
McConal-ClarkGaines County, TX503 BBLs0 MCFAug 2024
MeropeGaines County, TX0 BBLs0 MCFApr 2019
MetasGaines County, TX678 BBLs1,173 MCFAug 2024
MortonGaines County, TX222 BBLs0 MCFAug 2024
MurtiaGaines County, TX486 BBLs1,022 MCFAug 2024
Pogue, MGaines County, TX694 BBLs0 MCFAug 2024
Quail 4Gaines County, TX1,159 BBLs984 MCFAug 2024
ShusaGaines County, TX5,541 BBLs657 MCFAug 2024
SinaiGaines County, TX496 BBLs0 MCFAug 2024
WhartonGaines County, TX7,231 BBLs2,494 MCFAug 2024
Wharton A.BGaines County, TX2,442 BBLs419 MCFAug 2024

Companies in the Area

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

Company Name
Apache Corporation
Bald Eagle Operating Inc.
Caprock Operating, Inc.
Chaparral Energy, L.L.C.
Chevron USA Inc
Coastal Oil & Gas Corporation
Contango Resources LLC
Extex Operating Company
Incline Energy
Inject Technologies Inc.
Jetta Operating Company Inc
Lynx Operating Co., Inc.
Parallel Petroleum LLC
Pierce Production Company, LLC
Ring Energy, Inc.
Sabinal Energy Operating, LLC
Seaboard Operating Co.
Texaco E & P Inc
Texland Petroleum, L.P.
Zarvona Energy LLC

Owners of Medusa

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024LANDERETH RI SUSPENSEMEDUSARING ENERGY, I
2024RING ENERGY INCMEDUSARING ENERGY, I
2024KIRK ALBERT LAWRENCEMEDUSARING ENERGY, I
2024BROEDER JOINT TRUSTMEDUSARING ENERGY, I
2024SHAFTER LAKE ROYALTYMEDUSARING ENERGY, I
2024HALSTEAD JERI LYNNMEDUSARING ENERGY, I
2024HEWETT ERMA JOMEDUSARING ENERGY, I
2024KIRK DAVID LESTERMEDUSARING ENERGY, I
Displaying 8 of 50 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Medusa

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-49868MEDUSAAug 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAJul 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAJul 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAJun 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAJun 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAMay 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAMay 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAApr 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAApr 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAMar 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAMar 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAFeb 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAFeb 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAJan 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAJan 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSADec 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSADec 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSANov 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSANov 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAOct 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAOct 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSASep 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAAug 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-49868MEDUSAAug 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-49868MEDUSAJul 2023PHILLIPS 66 COMPANYRING ENERGY, INC.