Memnon

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Memnon

CountyGaines County, TX
OperatorRING ENERGY, INC.
Production DatesJun 2018 - Jan 2025
Total Oil Production72,221 BBLs
Total Gas Production26,410 MCF
Recent Oil Production338 BBLs in Dec 2024
Recent Gas Production55 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for Memnon

ShaleAssessment

Not Available

MarketMultiple

$37,370 **

* 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 Jan 2025

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
Colgan St. AGaines County, TX131 BBLs0 MCFJan 2025
ConeGaines County, TX2 BBLs0 MCFJan 2025
ElamGaines County, TX4,291 BBLs142 MCFJan 2025
Elam (Queen Sand) UnitGaines County, TX0 BBLs0 MCFOct 2024
Good BullGaines County, TX512 BBLs0 MCFJan 2025
MariusGaines County, TX396 BBLs1,230 MCFJan 2025
MarsGaines County, TX0 BBLs0 MCFMar 2024
Maverick 4Gaines County, TX671 BBLs124 MCFJan 2025
MayoGaines County, TX38 BBLs0 MCFJan 2025
McConal-ClarkGaines County, TX833 BBLs0 MCFJan 2025
MedusaGaines County, TX619 BBLs1,371 MCFJan 2025
MeropeGaines County, TX0 BBLs0 MCFApr 2019
MortonGaines County, TX380 BBLs0 MCFJan 2025
MurtiaGaines County, TX775 BBLs577 MCFJan 2025
Quail 4Gaines County, TX1,132 BBLs982 MCFJan 2025
Russell L. BGaines County, TX316 BBLs109 MCFJan 2025
ShusaGaines County, TX5,064 BBLs0 MCFJan 2025
South Harris UnitGaines County, TX3,013 BBLs449 MCFJan 2025
WhartonGaines County, TX7,291 BBLs2,739 MCFJan 2025
Wharton A.BGaines County, TX2,383 BBLs417 MCFJan 2025

Frac'ing activity on Memnon

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-165-38652MEMNON 1H

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
08-51635MEMNONOct 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONSep 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONSep 2024DCP OPERATING COMPANY, LPRING ENERGY, INC.
08-51635MEMNONAug 2024PHILLIPS 66 COMPANYRING ENERGY, INC.
08-51635MEMNONAug 2024DCP OPERATING COMPANY, LPRING 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.