Texas oil lease
ProducingFREDDY FALCON 360
Freddy Falcon 360 is an oil lease in Yoakum County, Texas, operated by Ring Energy, Inc. in the Platang (San Andres) field.
3 wells
- Operator
- Ring Energy, Inc.
- County
- Yoakum County
- Field
- Platang (San Andres)
- RRC lease
- 8A-71355
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 38,555 mcf
- Oil in Jul 2026
- 2,572 bbl
Checks stopped on this lease?
- Buyer
Buyer changed: TARGA SAN ANDRES GAS SERVICES LL replaced STAKEHOLDER GAS SERVICES, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output fell 37% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
97% of the gas went to a processing plant in the last 12 months
Flaring peaked at 24.3% of the gas in Oct 2025.
- Processing plant (3)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
97% · 37,548 mcf
Flared (4)
2.6% · 1,007 mcf
2.6% of the gas flared in the last 12 months. 3 months above 3%.
3 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-501-37471 | 1H | Active |
| 42-501-37473 | 2H | Active |
| 42-501-37478 | 3H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Sentinel Transportation, LLC | Oil | Gathers | 100 | Oct 18, 2023 | – |
| Targa San Andres Gas Services Ll | Casinghead gas | Buys | 100 | Mar 1, 2026 | – |
| Targa San Andres Gas Utility LLC | Casinghead gas | Gathers | 100 | Mar 1, 2026 | – |
| Stakeholder Gas Utility, LLC | Casinghead gas | Gathers | 100 | Oct 18, 2023 | Mar 1, 2026 |
| Stakeholder Gas Services, LLC | Casinghead gas | Buys | 100 | Oct 18, 2023 | Mar 1, 2026 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
325 acres on the newest permit
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-501-37478 | 3H | Jul 18, 2023 | Oct 20, 2023 | 325 |
| 42-501-37471 | 1H | Jun 6, 2023 | Oct 18, 2023 | 325 |
| 42-501-37473 | 2H | Jun 2, 2023 | Oct 20, 2023 | 325 |
What Ring Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $95.45 | −$5.20 | $9.96 | SEC filing |
| Q1 2026 | $68.97 | −$2.54 | $4.96 | SEC filing |
| Q4 2025 | $57.47 | −$2.49 | $5.29 | SEC filing |
| Q3 2025 | $64.32 | −$1.22 | $5.22 | SEC filing |
| Q2 2025 | $62.69 | −$1.31 | $6.19 | SEC filing |
| Q1 2025 | $70.40 | −$0.19 | $9.65 | SEC filing |
SourceRing Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
34 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 2,572 | 2,529 | 3,202 | 3,202 | 0 | $80.46 | $2.89 |
| Jun 2026 | 2,672 | 3,042 | 3,219 | 3,219 | 0 | $84.81 | $3.15 |
| May 2026 | 2,728 | 2,390 | 3,276 | 3,276 | 0 | $102.13 | $2.94 |
| Apr 2026 | 2,496 | 2,544 | 3,051 | 3,051 | 0 | $100.32 | $2.77 |
| Mar 2026 | 3,652 | 3,561 | 3,530 | 3,530 | 0 | $91.38 | $3.04 |
| Feb 2026 | 2,200 | 2,044 | 2,382 | 2,382 | 0 | $64.51 | $3.62 |
| Jan 2026 | 2,243 | 2,383 | 2,785 | 2,785 | 0 | $60.04 | $7.72 |
| Dec 2025 | 2,891 | 3,073 | 2,885 | 2,885 | 0 | $57.97 | $4.26 |
| Nov 2025 | 2,948 | 2,927 | 3,353 | 3,353 | 0 | $60.06 | $3.79 |
| Oct 2025 | 2,866 | 2,715 | 3,407 | 2,580 | 827 | $60.89 | $3.19 |
| Sep 2025 | 2,340 | 2,550 | 2,985 | 2,985 | 0 | $63.96 | $2.97 |
| Aug 2025 | 3,256 | 3,251 | 4,480 | 4,300 | 180 | $64.86 | $2.91 |
| Jul 2025 | 3,576 | 3,613 | 4,231 | 4,231 | 0 | $68.39 | $3.20 |
| Jun 2025 | 3,816 | 4,355 | 3,738 | 3,738 | 0 | $68.17 | $3.02 |
| May 2025 | 3,318 | 2,900 | 3,590 | 3,590 | 0 | $62.17 | $3.12 |
| Apr 2025 | 3,829 | 3,834 | 3,741 | 3,741 | 0 | $63.54 | $3.42 |
| Mar 2025 | 4,201 | 4,157 | 3,698 | 3,698 | 0 | $68.24 | $4.12 |
| Feb 2025 | 3,168 | 3,368 | 3,264 | 3,264 | 0 | $71.53 | $4.19 |
| Jan 2025 | 3,678 | 3,694 | 4,358 | 4,358 | 0 | $75.74 | $4.13 |
| Dec 2024 | 4,678 | 4,597 | 5,028 | 4,668 | 360 | $70.12 | $3.01 |
| Nov 2024 | 4,538 | 4,635 | 4,375 | 4,375 | 0 | $69.95 | $2.12 |
| Oct 2024 | 5,476 | 5,519 | 4,987 | 4,987 | 0 | $71.99 | $2.20 |
| Sep 2024 | 5,044 | 4,963 | 4,673 | 4,673 | 0 | $70.24 | $2.28 |
| Aug 2024 | 6,860 | 6,063 | 5,550 | 5,550 | 0 | $76.68 | $1.99 |
| Jul 2024 | 0 | 0 | 0 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024 | 0 | 0 | 0 | 0 | 0 | $79.77 | $2.54 |
| May 2024 | 0 | 0 | 0 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024 | 0 | 0 | 0 | 0 | 0 | $85.35 | $1.60 |
| Mar 2024 | 0 | 0 | 0 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024 | 0 | 0 | 0 | 0 | 0 | $77.25 | $1.72 |
| Jan 2024 | 0 | 0 | 0 | 0 | 0 | $74.15 | $3.18 |
| Dec 2023 | 0 | 0 | 0 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023 | 0 | 0 | 0 | 0 | 0 | $77.69 | $2.71 |
| Oct 2023 | 0 | 0 | 0 | 0 | 0 | $85.64 | $2.98 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Ring Energy, Inc. in Yoakum County
- BUCKY 711 A
37,091 bbl
- SOONER 662 B
34,537 bbl
- SOONER 662 D
34,871 bbl
- SOONER 662 C
34,073 bbl
- COUGAR 726
34,196 bbl
- RAZORBACK 663 A
35,808 bbl
- BADGER 709 B
29,254 bbl
- BEVO 664 SA C
29,344 bbl
- REVEILLE 644 A
26,193 bbl
- BOOMER 727 B
19,947 bbl
Platang (San Andres) field
- BANJO BILL 452 C
34,407 bbl
- UNDER THE BRIDGE 452 C
28,165 bbl
- OLD SWITCHEROO 418
28,701 bbl
- TRUE GRIT 712
32,578 bbl
- PARADISE CITY 583
31,139 bbl
- SINISTER KID
33,050 bbl
- HOODOO BROWN 645
29,234 bbl
- BADGER 709 B
29,254 bbl
- BEVO 664 SA C
29,344 bbl
- CALDWELL 578 603
28,380 bbl
Leases within 10 km
- HORNED FROG 400 A
43,495 bbl · 0.6 km
- BENJAMIN
2,627 bbl · 0.6 km
- HORNED FROG 400 B
8,703 bbl · 1 km
- DYCK
641 bbl · 1 km
- ASHBURN
675 bbl · 1.1 km
- HOOK 'EM 361 A
1,334 bbl · 1.1 km
- BUCK MCNEIL
0 bbl · 1.4 km
- R.S. BRENNAND, JR.
748 bbl · 1.4 km
- WISHBONE FLATS 400
0 bbl · 1.5 km
- MASKED RIDER 361
13,776 bbl · 1.5 km
Drilling permits within 10 km
DESPERADO W 538 #35H
new drill · horizontal · Riley Permian Operating Co, LLC · Yoakum County · 9.8 km
Permit 0917029 · Jul 14, 2026
LAZY HORSE 581-600 D #35XH
new drill · horizontal · Riley Permian Operating Co, LLC · Yoakum County · 9.8 km
Permit 0917147 · Jul 10, 2026
AURORA #1H
new drill · horizontal · Burk Royalty Co., Ltd. · Yoakum County · 8.3 km
Permit 0916790 · Jul 2, 2026
STROMNESS #1H
new drill · horizontal · Burk Royalty Co., Ltd. · Yoakum County · 8.4 km
Permit 0916799 · Jul 1, 2026
HOOK'EM 361-344 C #6XH
new drill · horizontal · Ring Energy, Inc. · Yoakum County · 0.5 km
Permit 0914226 · Mar 30, 2026