Oil & Gas Property in Gaines County, TX
Key data points for Memnon
County | Gaines County, TX |
---|---|
Operator | RING ENERGY, INC. |
Production Dates | Jun 2018 - Sep 2024 |
Total Oil Production | 71,456 BBLs |
Total Gas Production | 26,157 MCF |
Recent Oil Production | 350 BBLs in Aug 2024 |
Recent Gas Production | 108 MCF in Aug 2024 |
Wells on Property | 1 |
Our Valuation Estimates for Memnon
ShaleAssessment™
Not Available
MarketMultiple™
$46,753 **
* 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 Memnon property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Bromios | Gaines County, TX | 273 BBLs | 986 MCF | Sep 2024 |
Colgan St. A | Gaines County, TX | 250 BBLs | 0 MCF | Sep 2024 |
Cone | Gaines County, TX | 2 BBLs | 0 MCF | Sep 2024 |
Elam | Gaines County, TX | 4,721 BBLs | 157 MCF | Sep 2024 |
Elam (Queen Sand) Unit | Gaines County, TX | 336 BBLs | 0 MCF | Aug 2024 |
Good Bull | Gaines County, TX | 524 BBLs | 0 MCF | Sep 2024 |
Landreth | Gaines County, TX | 0 BBLs | 0 MCF | Jul 2024 |
Marius | Gaines County, TX | 308 BBLs | 1,419 MCF | Sep 2024 |
Mars | Gaines County, TX | 0 BBLs | 0 MCF | Mar 2024 |
Maverick 4 | Gaines County, TX | 658 BBLs | 124 MCF | Sep 2024 |
Mayo | Gaines County, TX | 31 BBLs | 0 MCF | Sep 2024 |
McConal-Clark | Gaines County, TX | 718 BBLs | 0 MCF | Sep 2024 |
Medusa | Gaines County, TX | 769 BBLs | 1,584 MCF | Sep 2024 |
Merope | Gaines County, TX | 0 BBLs | 0 MCF | Apr 2019 |
Metas | Gaines County, TX | 675 BBLs | 1,001 MCF | Sep 2024 |
Morton | Gaines County, TX | 258 BBLs | 0 MCF | Sep 2024 |
Murtia | Gaines County, TX | 441 BBLs | 1,987 MCF | Sep 2024 |
Quail 4 | Gaines County, TX | 1,167 BBLs | 1,261 MCF | Sep 2024 |
Wharton | Gaines County, TX | 6,810 BBLs | 2,870 MCF | Sep 2024 |
Wharton A.B | Gaines County, TX | 2,405 BBLs | 429 MCF | Sep 2024 |
These are the closest 20 companies operating near the Memnon property.