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Texas oil lease

Producing

MCKNIGHT-CROLEY

McKnight-Croley is an oil lease in Crane County, Texas, operated by Ring Energy, Inc. in the Sand Hills (Tubb) field.

3 wells

2,042bbl oil, last 12 months−21% vs prior year
RRC lease
08-39964

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Oil in Jul 2026
159 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for MCKNIGHT-CROLEY, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 2,042 bbl in the 12 months through Jul 2026, against 2,587 bbl in the 12 months before.Last 12 months: 2,042 bblbbl per monthmcf per month001001,0002002,0003003,0004004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for MCKNIGHT-CROLEY, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 2,042 bbl in the 12 months through Jul 2026, against 2,587 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 3.4% of the gas in Oct 2023.

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of MCKNIGHT-CROLEY gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.4% of the gas in Oct 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of MCKNIGHT-CROLEY gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.4% of the gas in Oct 2023.Share of gas by disposition code0%50%100%Flared 3.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Sep 2022

Operators of this lease over timeStronghold Energy II Oper, LLC, Jan 2020 to Aug 2022; Ring Energy, Inc., Sep 2022 to Jul 20262020202120222023202420252026Changed Sep 2022Stronghold Energy II Oper, LLCJan 2020 to Aug 2022Ring Energy, Inc.Sep 2022 to now
Operators of this lease over timeStronghold Energy II Oper, LLC, Jan 2020 to Aug 2022; Ring Energy, Inc., Sep 2022 to Jul 20262020202120222023202420252026Changed Sep 2022Stronghold Energy II Oper, LLCJan 2020 to Aug 2022Ring Energy, Inc.Sep 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on MCKNIGHT-CROLEY
API numberWell no.Status
42-103-025931Active
42-103-356952Active
42-103-356963Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Feb 1, 2024–
Targa Midstream Services LLCCasinghead gasBuys100Feb 1, 2017–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011–
Lpc Crude Iii, LLCOilGathers50Jan 1, 2024Feb 1, 2024
Sentinel Transportation, LLCOilGathers50Jan 1, 2024Feb 1, 2024
Enterprise Crude Oil LLCOilGathers100Feb 1, 2017Jan 1, 2024

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

120 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for McKnight-Croley
API numberWell no.Acreson the permit
42-103-356963120
42-103-356952120
42-103-025931120

SourceRailroad Commission drilling permits, Oct 3, 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 MCKNIGHT-CROLEY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ring Energy,1590000$80.46$2.89
Jun 2026Ring Energy,156181000$84.81$3.15
May 2026Ring Energy,149163000$102.13$2.94
Apr 2026Ring Energy,1600000$100.32$2.77
Mar 2026Ring Energy,173277000$91.38$3.04
Feb 2026Ring Energy,161175000$64.51$3.62
Jan 2026Ring Energy,154165000$60.04$7.72
Dec 2025Ring Energy,179165000$57.97$4.26
Nov 2025Ring Energy,165171000$60.06$3.79
Oct 2025Ring Energy,192161000$60.89$3.19
Sep 2025Ring Energy,193333000$63.96$2.97
Aug 2025Ring Energy,201170000$64.86$2.91
Jul 2025Ring Energy,197166000$68.39$3.20
Jun 2025Ring Energy,189170000$68.17$3.02
May 2025Ring Energy,208169000$62.17$3.12
Apr 2025Ring Energy,22417014140$63.54$3.42
Mar 2025Ring Energy,2503351,2821,2820$68.24$4.12
Feb 2025Ring Energy,2241678068060$71.53$4.19
Jan 2025Ring Energy,2431764134130$75.74$4.13
Dec 2024Ring Energy,281747797790$70.12$3.01
Nov 2024Ring Energy,2143311,4161,4160$69.95$2.12
Oct 2024Ring Energy,19308508500$71.99$2.20
Sep 2024Ring Energy,2373381,6051,6050$70.24$2.28
Aug 2024Ring Energy,3803321,6751,6750$76.68$1.99
Jul 2024Ring Energy,2793411,9021,9020$81.80$2.07
Jun 2024Ring Energy,2241652,2322,2320$79.77$2.54
May 2024Ring Energy,2233412,3712,3710$80.02$2.12
Apr 2024Ring Energy,2261751,7241,7240$85.35$1.60
Mar 2024Ring Energy,2543471,7041,7040$81.28$1.49
Feb 2024Ring Energy,18801,4461,4460$77.25$1.72
Jan 2024Ring Energy,2683381,5141,5140$74.15$3.18
Dec 2023Ring Energy,2651781,3721,3720$71.90$2.52
Nov 2023Ring Energy,2413641,7551,7550$77.69$2.71
Oct 2023Ring Energy,2091842,2152,13976$85.64$2.98
Sep 2023Ring Energy,2441832,2872,2870$89.43$2.64
Aug 2023Ring Energy,2323602,5282,47850$81.39$2.58

Flared above 3%

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

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