Oil & Gas Property in Gaines County, TX
Key data points for Medusa
County | Gaines County, TX |
---|---|
Operator | RING ENERGY, INC. |
Production Dates | Nov 2017 - Aug 2024 |
Total Oil Production | 197,186 BBLs |
Total Gas Production | 94,046 MCF |
Recent Oil Production | 838 BBLs in Jul 2024 |
Recent Gas Production | 453 MCF in Jul 2024 |
Wells on Property | 1 |
Our Valuation Estimates for Medusa
ShaleAssessment™
$72,284 *
MarketMultiple™
$110,205 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Medusa property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Condor | Gaines County, TX | 311 BBLs | 2,332 MCF | Aug 2024 |
Cone | Gaines County, TX | 1 BBLs | 0 MCF | Aug 2024 |
Elam | Gaines County, TX | 4,260 BBLs | 217 MCF | Aug 2024 |
Elam (Queen Sand) Unit | Gaines County, TX | 0 BBLs | 0 MCF | Aug 2024 |
Good Bull | Gaines County, TX | 517 BBLs | 0 MCF | Aug 2024 |
Henry | Gaines County, TX | 1,017 BBLs | 0 MCF | Aug 2024 |
Landreth | Gaines County, TX | 38 BBLs | 0 MCF | Jul 2024 |
Mars | Gaines County, TX | 0 BBLs | 0 MCF | Mar 2024 |
Maverick 4 | Gaines County, TX | 677 BBLs | 124 MCF | Aug 2024 |
McConal-Clark | Gaines County, TX | 503 BBLs | 0 MCF | Aug 2024 |
Merope | Gaines County, TX | 0 BBLs | 0 MCF | Apr 2019 |
Metas | Gaines County, TX | 678 BBLs | 1,173 MCF | Aug 2024 |
Morton | Gaines County, TX | 222 BBLs | 0 MCF | Aug 2024 |
Murtia | Gaines County, TX | 486 BBLs | 1,022 MCF | Aug 2024 |
Pogue, M | Gaines County, TX | 694 BBLs | 0 MCF | Aug 2024 |
Quail 4 | Gaines County, TX | 1,159 BBLs | 984 MCF | Aug 2024 |
Shusa | Gaines County, TX | 5,541 BBLs | 657 MCF | Aug 2024 |
Sinai | Gaines County, TX | 496 BBLs | 0 MCF | Aug 2024 |
Wharton | Gaines County, TX | 7,231 BBLs | 2,494 MCF | Aug 2024 |
Wharton A.B | Gaines County, TX | 2,442 BBLs | 419 MCF | Aug 2024 |
These are the closest 20 companies operating near the Medusa property.