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GIG'EM 343

Gig'em 343 is an oil lease in Yoakum County, Texas, operated by Ring Energy, Inc. in the Sable (San Andres) field.

1 well

270bbl oil, since Jan 2020
Operator
Ring Energy, Inc.
County
Yoakum County
Field
Sable (San Andres)
RRC lease
8A-70783

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Where it sits

This county

Yoakum CountyYoakumHockleyCochranTerryYoakum County
Yoakum County
Gas, since Jan 2020
158 mcf
Oil in Jun 2020
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 33% since Jan 2020

  • Oil (bars)
  • Gas (line)
Oil output rose 33% since Jan 2020Monthly oil production and gas for GIG'EM 343, Jan 2020 to Jun 2020. Oil output rose 33% since Jan 2020. Monthly average of 51 bbl in the latest 3 months, against 39 bbl in the first 3.bbl per monthmcf per month005020100401506020080Jul 19OctJan 20Apr
Oil output rose 33% since Jan 2020Monthly oil production and gas for GIG'EM 343, Jan 2020 to Jun 2020. Oil output rose 33% since Jan 2020. Monthly average of 51 bbl in the latest 3 months, against 39 bbl in the first 3.bbl per monthmcf per month005020100401506020080Jul 19Jan 20

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the 4 months reported

All of the gas went to a processing plant in the 4 months reportedShare of GIG'EM 343 gas by disposition code each month, Jan 2020 to Jun 2020. All of the gas went to a processing plant in the 4 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Jul 19OctJan 20Apr
All of the gas went to a processing plant in the 4 months reportedShare of GIG'EM 343 gas by disposition code each month, Jan 2020 to Jun 2020. All of the gas went to a processing plant in the 4 months reported.Share of gas by disposition code0%50%100%Jul 19Jan 20

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on GIG'EM 343
API numberWell no.Status
42-501-369481HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Sentinel Transportation, LLCOilGathers100Feb 1, 2019
Bp Energy Co.Casinghead gasBuys100Feb 1, 2019
Santa Fe Midstream Permian LLCCasinghead gasGathers100Feb 1, 2019

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

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324.95 acres on the newest permit

Check your decimal on this lease
Permits for Gig'em 343
API numberWell no.Acreson the permit
42-501-369481H324.95

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

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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.

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6 months, newest first

Ledger for GIG'EM 343
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jun 202000000$38.31$1.63
May 20209126000$28.56$1.75
Apr 202014518150500$16.55$1.74
Mar 202011617861610$29.21$1.79
Feb 202000770$50.54$1.91
Jan 20200040400$57.52$2.02

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorRing Energy, Inc.FieldSable (San Andres)CountyYoakum County

Ring Energy, Inc. in Yoakum County

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Sable (San Andres) field

No other producing leases in this field are in our data yet.

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