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CONNELL SEC 10

Connell Sec 10 is an oil lease in Ector County, Texas, operated by Ring Energy, Inc. in the Penwell (Clear Fork) field.

Oil lease dossier

7,249bbl oil, last 12 months−39% vs prior year
Operator
Ring Energy, Inc.
County
Ector County
Field
Penwell (Clear Fork)
RRC lease
08-55448

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County
Gas, last 12 months
13,248 mcf
Oil in Jul 2026
77 bbl

Production by month

Oil output fell 39% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for CONNELL SEC 10, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 7,249 bbl in the 12 months through Jul 2026, against 11,905 bbl in the 12 months before.Last 12 months: 7,249 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for CONNELL SEC 10, Aug 2023 to Jul 2026. Oil output fell 39% over the last 12 months. 7,249 bbl in the 12 months through Jul 2026, against 11,905 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

84% of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Sep 2023.

  • Processing plant (3)
  • Flared (4)
84% of the gas went to flaring in the last 12 monthsShare of CONNELL SEC 10 gas by disposition code each month, Aug 2023 to Jul 2026. 84% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
84% of the gas went to flaring in the last 12 monthsShare of CONNELL SEC 10 gas by disposition code each month, Aug 2023 to Jul 2026. 84% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    84% · 11,120 mcf

  • Processing plant (3)

    16% · 2,128 mcf

83.9% of the gas flared in the last 12 months. 27 months above 3%.

Who has run this lease

The operator changed once, most recently in Aug 2023

Operators of this lease over timeFounders Oil & Gas Operating,llc, Aug 2020 to Jul 2023; Ring Energy, Inc., Aug 2023 to Jul 2026202120222023202420252026Changed Aug 2023Founders Oil & Gas Operating,…Aug 2020 to Jul 2023Ring Energy, Inc.Aug 2023 to now
Operators of this lease over timeFounders Oil & Gas Operating,llc, Aug 2020 to Jul 2023; Ring Energy, Inc., Aug 2023 to Jul 2026202120222023202420252026Changed Aug 2023Founders Oil & Gas Operating,llcAug 2020 to Jul 2023Ring Energy, Inc.Aug 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Aug 1, 2023–
Dcp Operating Company, LPCasinghead gasBuys100Aug 29, 2020–
Dcp Operating Company, LPCasinghead gasGathers100Aug 29, 2020–
Veteran Energy Transport INCOilGathers100Aug 29, 2020Aug 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

80 acres on the newest permit

Permits for Connell Sec 10
API numberWell no.Acreson the permit
42-135-43678180

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What Ring Energy, Inc. told investors it received

Ring Energy, Inc. is linked to Ring Energy, Inc. (REI).
Realized prices reported by Ring Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$95.45SEC filing
Q1 2026$68.97SEC filing
Q4 2025$57.47SEC filing
Q3 2025$64.32SEC filing
Q2 2025$62.69SEC filing
Q1 2025$70.40SEC filing

SourceRing Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for CONNELL SEC 10
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ring Energy,771912170217$80.46$2.89
Jun 2026Ring Energy,6266121,33201,332$84.81$3.15
May 2026Ring Energy,5585061,52601,526$102.13$2.94
Apr 2026Ring Energy,6096741,44401,444$100.32$2.77
Mar 2026Ring Energy,5886031,43501,435$91.38$3.04
Feb 2026Ring Energy,4844651,18101,181$64.51$3.62
Jan 2026Ring Energy,6646271,18701,187$60.04$7.72
Dec 2025Ring Energy,5045431,14101,141$57.97$4.26
Nov 2025Ring Energy,6706171,19601,196$60.06$3.79
Oct 2025Ring Energy,65870993388746$60.89$3.19
Sep 2025Ring Energy,8459377577570$63.96$2.97
Aug 2025Ring Energy,966845899484415$64.86$2.91
Jul 2025Ring Energy,811853859220639$68.39$3.20
Jun 2025Ring Energy,914946870520350$68.17$3.02
May 2025Ring Energy,8749271,26501,265$62.17$3.12
Apr 2025Ring Energy,8568461,456978478$63.54$3.42
Mar 2025Ring Energy,9668811,2401,16971$68.24$4.12
Feb 2025Ring Energy,5336261,277990287$71.53$4.19
Jan 2025Ring Energy,8518781,8851,244641$75.74$4.13
Dec 2024Ring Energy,1,3971,3892,3783172,061$70.12$3.01
Nov 2024Ring Energy,1,4751,3592,7601,7341,026$69.95$2.12
Oct 2024Ring Energy,1,3801,3902,1432,1430$71.99$2.20
Sep 2024Ring Energy,6246971,5061,42185$70.24$2.28
Aug 2024Ring Energy,1,2241,1361,189924265$76.68$1.99
Jul 2024Ring Energy,1,2131,189000$81.80$2.07
Jun 2024Ring Energy,1,2711,320000$79.77$2.54
May 2024Ring Energy,1,2691,629000$80.02$2.12
Apr 2024Ring Energy,1,5871,632000$85.35$1.60
Mar 2024Ring Energy,1,5371,473000$81.28$1.49
Feb 2024Ring Energy,1,2211,220000$77.25$1.72
Jan 2024Ring Energy,1,5631,5621990199$74.15$3.18
Dec 2023Ring Energy,1,6831,5223383380$71.90$2.52
Nov 2023Ring Energy,1,2961,2261,7956671,128$77.69$2.71
Oct 2023Ring Energy,1,3071,3671,5174261,091$85.64$2.98
Sep 2023Ring Energy,1,4361,3395730573$89.43$2.64
Aug 2023Ring Energy,1,1731,3601,056176880$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorRing Energy, Inc.FieldPenwell (Clear Fork)CountyEctor County

Ring Energy, Inc. in Ector County

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Penwell (Clear Fork) field

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New drilling permits in Ector County

Newest in the county: this lease has no coordinates.