Memnon

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Memnon

CountyGaines County, TX
OperatorRING ENERGY, INC.
Production DatesJun 2018 - Sep 2024
Total Oil Production71,456 BBLs
Total Gas Production26,157 MCF
Recent Oil Production350 BBLs in Aug 2024
Recent Gas Production108 MCF in Aug 2024
Wells on Property1

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

Memnon Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Memnon
from Jun 2018 to Sep 2024

Wells on Memnon

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-38652MEMNON 1HRING ENERGY, INC.ProducingGaines County, TX32.571436-102.649206

Leases included in Memnon

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-51635MEMNONRING ENERGY, INC.Gaines County, TX

Nearby Properties

These are the closest 20 properties to the Memnon property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BromiosGaines County, TX273 BBLs986 MCFSep 2024
Colgan St. AGaines County, TX250 BBLs0 MCFSep 2024
ConeGaines County, TX2 BBLs0 MCFSep 2024
ElamGaines County, TX4,721 BBLs157 MCFSep 2024
Elam (Queen Sand) UnitGaines County, TX336 BBLs0 MCFAug 2024
Good BullGaines County, TX524 BBLs0 MCFSep 2024
LandrethGaines County, TX0 BBLs0 MCFJul 2024
MariusGaines County, TX308 BBLs1,419 MCFSep 2024
MarsGaines County, TX0 BBLs0 MCFMar 2024
Maverick 4Gaines County, TX658 BBLs124 MCFSep 2024
MayoGaines County, TX31 BBLs0 MCFSep 2024
McConal-ClarkGaines County, TX718 BBLs0 MCFSep 2024
MedusaGaines County, TX769 BBLs1,584 MCFSep 2024
MeropeGaines County, TX0 BBLs0 MCFApr 2019
MetasGaines County, TX675 BBLs1,001 MCFSep 2024
MortonGaines County, TX258 BBLs0 MCFSep 2024
MurtiaGaines County, TX441 BBLs1,987 MCFSep 2024
Quail 4Gaines County, TX1,167 BBLs1,261 MCFSep 2024
WhartonGaines County, TX6,810 BBLs2,870 MCFSep 2024
Wharton A.BGaines County, TX2,405 BBLs429 MCFSep 2024

Owners of Memnon

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024LANDERETH RI SUSPENSEMEMNONRING ENERGY, I
2024RING ENERGY INCMEMNONRING ENERGY, I
2024LECLAIRE DOUGLAS WMEMNONRING ENERGY, I
2024KIRK ALBERT LAWRENCEMEMNONRING ENERGY, I
2024BROEDER JOINT TRUSTMEMNONRING ENERGY, I
2024MDJ MINERALS LLPMEMNONRING ENERGY, I
2024SHAFTER LAKE ROYALTYMEMNONRING ENERGY, I
2024KIRK DAVID LESTERMEMNONRING ENERGY, I
Displaying 8 of 55 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Memnon

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-51635MEMNONAug 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONJul 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONJul 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONJun 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONJun 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONMay 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONMay 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONApr 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONApr 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONMar 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONMar 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONFeb 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONFeb 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONJan 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONJan 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONDec 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONDec 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONNov 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONNov 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONOct 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONOct 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONSep 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONSep 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONAug 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONAug 2023DCP OPERATING COMPANY, LPRING ENERGY, INC.