Texas oil lease
Shut inMEMNON
Memnon is an oil lease in Gaines County, Texas, operated by Ring Energy, Inc. in the Block A-34 (San Andres) field.
1 well
- Operator
- Ring Energy, Inc.
- County
- Gaines County
- RRC lease
- 08-51635
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 445 mcf
- Oil in Jul 2026
- 0 bbl
Production by month
Oil output fell 81% 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
75% of the gas went to a processing plant in the last 12 months
Flaring peaked at 92.0% of the gas in May 2024.
- Processing plant (3)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
75% · 773 mcf
Flared (4)
25% · 257 mcf
25.0% of the gas flared in the last 12 months. 26 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-165-38652 | 1H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Ring Energy, Inc. | Oil | Gathers | 100 | Jun 8, 2018 |
| Dcp Operating Company, LP | Casinghead gas | Buys | 100 | Jun 8, 2018 |
| Dcp Operating Company, LP | Casinghead gas | Gathers | 100 | Jun 8, 2018 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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 | $9.65 | SEC filing |
SourceRing Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 0 | 0 | 0 | 0 | 0 | $80.46 | $2.89 |
| Jun 2026 | 0 | 0 | 0 | 0 | 0 | $84.81 | $3.15 |
| May 2026 | 0 | 0 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026 | 0 | 0 | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026 | 0 | 25 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026 | 0 | 0 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026 | 0 | 0 | 8 | 7 | 1 | $60.04 | $7.72 |
| Dec 2025 | 0 | 0 | 19 | 9 | 10 | $57.97 | $4.26 |
| Nov 2025 | 0 | 1 | 105 | 66 | 39 | $60.06 | $3.79 |
| Oct 2025 | 1 | 2 | 114 | 68 | 46 | $60.89 | $3.19 |
| Sep 2025 | 327 | 267 | 127 | 75 | 52 | $63.96 | $2.97 |
| Aug 2025 | 0 | 0 | 72 | 50 | 22 | $64.86 | $2.91 |
| Jul 2025 | 0 | 0 | 54 | 43 | 11 | $68.39 | $3.20 |
| Jun 2025 | 0 | 75 | 96 | 88 | 8 | $68.17 | $3.02 |
| May 2025 | 0 | 0 | 81 | 42 | 39 | $62.17 | $3.12 |
| Apr 2025 | 0 | 0 | 98 | 72 | 26 | $63.54 | $3.42 |
| Mar 2025 | 155 | 70 | 162 | 161 | 1 | $68.24 | $4.12 |
| Feb 2025 | 177 | 168 | 94 | 92 | 2 | $71.53 | $4.19 |
| Jan 2025 | 116 | 86 | 156 | 137 | 19 | $75.74 | $4.13 |
| Dec 2024 | 338 | 347 | 55 | 36 | 19 | $70.12 | $3.01 |
| Nov 2024 | 185 | 159 | 69 | 56 | 13 | $69.95 | $2.12 |
| Oct 2024 | 158 | 172 | 84 | 68 | 16 | $71.99 | $2.20 |
| Sep 2024 | 286 | 287 | 111 | 92 | 19 | $70.24 | $2.28 |
| Aug 2024 | 350 | 328 | 99 | 90 | 9 | $76.68 | $1.99 |
| Jul 2024 | 210 | 232 | 176 | 31 | 145 | $81.80 | $2.07 |
| Jun 2024 | 358 | 355 | 147 | 22 | 125 | $79.77 | $2.54 |
| May 2024 | 338 | 327 | 87 | 7 | 80 | $80.02 | $2.12 |
| Apr 2024 | 337 | 396 | 140 | 13 | 127 | $85.35 | $1.60 |
| Mar 2024 | 546 | 458 | 128 | 19 | 109 | $81.28 | $1.49 |
| Feb 2024 | 247 | 248 | 127 | 17 | 110 | $77.25 | $1.72 |
| Jan 2024 | 316 | 359 | 236 | 189 | 47 | $74.15 | $3.18 |
| Dec 2023 | 614 | 611 | 456 | 448 | 8 | $71.90 | $2.52 |
| Nov 2023 | 365 | 363 | 445 | 336 | 109 | $77.69 | $2.71 |
| Oct 2023 | 392 | 390 | 350 | 346 | 4 | $85.64 | $2.98 |
| Sep 2023 | 506 | 501 | 205 | 149 | 56 | $89.43 | $2.64 |
| Aug 2023 | 294 | 328 | 258 | 161 | 97 | $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.
How to check your stub against this leaseDo your checks match this lease?
Nearby
This lease belongs to
Ring Energy, Inc. in Gaines County
- APOLLO
5,523 bbl
- TIBERIUS
4,329 bbl
- BROMIOS
4,090 bbl
- CUPID
4,312 bbl
- MEDUSA
4,173 bbl
- SCIPIO
4,085 bbl
- METAS
2,912 bbl
- AURELIUS
1,852 bbl
- TYPHON
1,699 bbl
- AJAX
622 bbl
Block A-34 (San Andres) field
- FISHER -8-
835 bbl
- MEANS, R. M., ETAL -B-
715 bbl
- AJAX
622 bbl
- CREWS-MAST "8B"
392 bbl
- HAIR OF THE DOG
360 bbl
- ARABIAN 3
264 bbl
- JORDAN, AUGUSTA
254 bbl
- CREWS-MAST, LTD.
119 bbl
- THOROUGHBRED 11
86 bbl
- MULEY B
14 bbl
Leases within 10 km
- MARIUS
0 bbl · 0.1 km
- MAIA
0 bbl · 0.1 km
- METAS
2,912 bbl · 0.8 km
- MEROPE
0 bbl · 0.9 km
- MARS
0 bbl · 1 km
- SOUTH HARRIS UNIT
41,961 bbl · 1.3 km
- WHARTON UNIT
69,957 bbl · 1.3 km
- MENA
0 bbl · 1.4 km
- MORUS
0 bbl · 1.5 km
- MEDUSA
4,173 bbl · 1.6 km
Drilling permits within 10 km
WHARTON, A.B.JR. 'A' JOA #133
recompletion · Bce-Mach III LLC · Gaines County · 3.5 km
Permit 0915746 · Jun 3, 2026
RED WOLF #1
new drill · Big Mountain Operating LLC · Gaines County · 8.7 km
Permit 0911189 · Oct 22, 2025
MORIAH #3
recompletion · Texland Petroleum, L.P. · Gaines County · 6.8 km
Permit 0909801 · Aug 12, 2025
WHARTON, A.B.JR. 'B' JOA #156
recompletion · Sabinal Energy Operating, LLC · Gaines County · 3.4 km
Permit 0907741 · Jun 16, 2025
SEMINOLE SAN ANDRES UNIT #3804
recompletion · OXY USA Inc. · Gaines County · 6.8 km
Permit 0905630 · Feb 4, 2025