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Texas oil lease

Producing

CRONUS

Cronus is an oil lease in Andrews County, Texas, operated by Ring Energy, Inc. in the Block A-34 (San Andres) field.

1 well

999bbl oil, last 12 months−68% vs prior year
RRC lease
08-50457

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
291 mcf
Oil in Jul 2026
40 bbl

Production by month

Oil output fell 68% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 68% over the last 12 monthsMonthly oil production and gas for CRONUS, Aug 2023 to Jul 2026. Oil output fell 68% over the last 12 months. 999 bbl in the 12 months through Jul 2026, against 3,093 bbl in the 12 months before.Last 12 months: 999 bblbbl per monthmcf per month002502005004007506001,0008001,2501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 68% over the last 12 monthsMonthly oil production and gas for CRONUS, Aug 2023 to Jul 2026. Oil output fell 68% over the last 12 months. 999 bbl in the 12 months through Jul 2026, against 3,093 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502005004007506001,0008001,2501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

76% of the gas went to a processing plant in the last 12 months

Flaring peaked at 91.2% of the gas in Apr 2024.

  • Processing plant (3)
  • Flared (4)
76% of the gas went to a processing plant in the last 12 monthsShare of CRONUS gas by disposition code each month, Aug 2023 to Jul 2026. 76% of the gas went to a processing plant in the last 12 months. Flaring peaked at 91.2% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 91.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
76% of the gas went to a processing plant in the last 12 monthsShare of CRONUS gas by disposition code each month, Aug 2023 to Jul 2026. 76% of the gas went to a processing plant in the last 12 months. Flaring peaked at 91.2% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Flared 91.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    76% · 221 mcf

  • Flared (4)

    24% · 70 mcf

24.1% of the gas flared in the last 12 months. 32 months above 3%.

1 well on this lease

Wells on CRONUS
API numberWell no.Status
42-003-477801HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Ring Energy, Inc.OilGathers100May 14, 2018
Dcp Operating Company, LPCasinghead gasBuys100May 14, 2018
Dcp Operating Company, LPCasinghead gasGathers100May 14, 2018

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

200 acres on the newest permit

An allocation well is on this lease

Permits for Cronus
API numberWell no.Acreson the permit
42-003-477801H200

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

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 CRONUS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202640371183$80.46$2.89
Jun 2026627214113$84.81$3.15
May 20261009528235$102.13$2.94
Apr 202610811516133$100.32$2.77
Mar 202614618916124$91.38$3.04
Feb 202635229372693$64.51$3.62
Jan 20265101082$60.04$7.72
Dec 202540431477$57.97$4.26
Nov 2025342619127$60.06$3.79
Oct 202545743$60.89$3.19
Sep 20254557362115$63.96$2.97
Aug 20256381483315$64.86$2.91
Jul 202522219113410430$68.39$3.20
Jun 202501000$68.17$3.02
May 20252754803050$62.17$3.12
Apr 202518821416612145$63.54$3.42
Mar 2025514337370$68.24$4.12
Feb 20251661711651578$71.53$4.19
Jan 202536132357050367$75.74$4.13
Dec 20241361501278047$70.12$3.01
Nov 202413510818816028$69.95$2.12
Oct 202435948830324657$71.99$2.20
Sep 202443045036228478$70.24$2.28
Aug 20241,0181,01922520619$76.68$1.99
Jul 202456441427945234$81.80$2.07
Jun 20241201651094564$79.77$2.54
May 202435033426724243$80.02$2.12
Apr 202425625717115156$85.35$1.60
Mar 2024381446731115616$81.28$1.49
Feb 202444849464794553$77.25$1.72
Jan 202413285456327129$74.15$3.18
Dec 202381683080679313$71.90$2.52
Nov 20231,016975466352114$77.69$2.71
Oct 20235185016436367$85.64$2.98
Sep 2023342375455331124$89.43$2.64
Aug 2023711686860536324$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

Ring Energy, Inc. in Andrews County

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Block A-34 (San Andres) field

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