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Texas oil lease

Producing

FISHER 4

Fisher 4 is an oil lease in Andrews County, Texas, operated by Ring Energy, Inc. in the Shafter Lake, N. (San Andres) field.

5 wells

16,794bbl oil, last 12 months−12% vs prior year
Operator
Ring Energy, Inc.
County
Andrews County
Field
Shafter Lake, N. (San Andres)
RRC lease
08-42741

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
13,010 mcf
Oil in Jul 2026
1,214 bbl

Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for FISHER 4, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 16,794 bbl in the 12 months through Jul 2026, against 19,140 bbl in the 12 months before.Last 12 months: 16,794 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for FISHER 4, Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 16,794 bbl in the 12 months through Jul 2026, against 19,140 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2025 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 93.1% of the gas in Apr 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Apr 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of FISHER 4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 93.1% of the gas in Apr 2024.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2025: line to plantFlared 93.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of FISHER 4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2025 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 93.1% of the gas in Apr 2024.Share of gas by disposition code0%50%100%Apr 25: line to plantFlared 93.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 12,046 mcf

  • Flared (4)

    7.4% · 964 mcf

7.4% of the gas flared in the last 12 months. 20 months above 3%.

Who has run this lease

The operator changed once, most recently in Apr 2025

Operators of this lease over timeLime Rock Resources IV-A, L.P., Jan 2020 to Mar 2025; Ring Energy, Inc., Apr 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Lime Rock Resources IV-A, L.P.Jan 2020 to Mar 2025Ring Energy, Inc.Apr 2025 to now
Operators of this lease over timeLime Rock Resources IV-A, L.P., Jan 2020 to Mar 2025; Ring Energy, Inc., Apr 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Lime Rock Resources IV-A, L.P.Jan 2020 to Mar 2025Ring Energy, Inc.Apr 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on FISHER 4
API numberWell no.Status
42-003-413301HActive
42-003-413312HActive
42-003-425503HShut-in
42-003-427174HActive
42-003-428765HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Sep 1, 2026–
Dcp Operating Company, LPCasinghead gasBuys100May 1, 2015–
Dcp Operating Company, LPCasinghead gasGathers100May 1, 2015–
Energy Trans Crude Marketing LLCOilGathers100Aug 1, 2025Sep 1, 2026
Phillips 66 Pipeline LLCOilGathers50May 11, 2017Aug 1, 2025
Sentinel Transportation, LLCOilGathers50May 11, 2017Aug 1, 2025

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

Who buys my oilOil price check

640 acres on the newest permit

The wells on this lease state different acreage

The permits state between 600 and 640 acres.

Permits for Fisher 4
API numberWell no.Acreson the permit
42-003-428765H640
42-003-427174H640
42-003-425503H640
42-003-413312H600
42-003-413301H600

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 FISHER 4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ring Energy,1,2141,16495289557$80.46$2.89
Jun 2026Ring Energy,1,4421,5871,00093664$84.81$3.15
May 2026Ring Energy,1,3991,3681,03497856$102.13$2.94
Apr 2026Ring Energy,1,3431,2939069060$100.32$2.77
Mar 2026Ring Energy,1,4361,4169419410$91.38$3.04
Feb 2026Ring Energy,1,1001,2011,0051,0050$64.51$3.62
Jan 2026Ring Energy,1,2781,2111,01899424$60.04$7.72
Dec 2025Ring Energy,1,6471,5871,3431,30934$57.97$4.26
Nov 2025Ring Energy,1,3161,3499089080$60.06$3.79
Oct 2025Ring Energy,1,4611,4381,457966491$60.89$3.19
Sep 2025Ring Energy,1,5951,9901,2301,19931$63.96$2.97
Aug 2025Ring Energy,1,5631,2051,2161,009207$64.86$2.91
Jul 2025Ring Energy,1,7941,9201,312951361$68.39$3.20
Jun 2025Ring Energy,1,3931,2301,1101,1100$68.17$3.02
May 2025Ring Energy,1,8491,8141,527895632$62.17$3.12
Apr 2025Ring Energy,1,9511,9341,0311,00427$63.54$3.42
Mar 2025Lime Rock1,6011,57881578233$68.24$4.12
Feb 2025Lime Rock1,5701,7058878870$71.53$4.19
Jan 2025Lime Rock1,6621,82798196021$75.74$4.13
Dec 2024Lime Rock1,3781,103934485449$70.12$3.01
Nov 2024Lime Rock1,2751,3878078016$69.95$2.12
Oct 2024Lime Rock1,4701,3139419410$71.99$2.20
Sep 2024Lime Rock1,6071,8021,0691,00861$70.24$2.28
Aug 2024Lime Rock1,5901,538925731194$76.68$1.99
Jul 2024Lime Rock1,6241,639885214671$81.80$2.07
Jun 2024Lime Rock1,5781,646965225740$79.77$2.54
May 2024Lime Rock1,5881,7121,120185935$80.02$2.12
Apr 2024Lime Rock1,5121,55283858780$85.35$1.60
Mar 2024Lime Rock1,7971,532952136816$81.28$1.49
Feb 2024Lime Rock1,1721,092604421183$77.25$1.72
Jan 2024Lime Rock1,2141,409751466285$74.15$3.18
Dec 2023Lime Rock1,5351,5828968897$71.90$2.52
Nov 2023Lime Rock1,5331,386942780162$77.69$2.71
Oct 2023Lime Rock1,4871,4291,2741,25717$85.64$2.98
Sep 2023Lime Rock1,7001,8461,0791,06415$89.43$2.64
Aug 2023Lime Rock1,7541,664970685285$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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This lease belongs to

OperatorRing Energy, Inc.FieldShafter Lake, N. (San Andres)CountyAndrews County

Ring Energy, Inc. in Andrews County

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Shafter Lake, N. (San Andres) field

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