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Texas oil lease

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MILLARD E

Millard E is an oil lease in Ector County, Texas, operated by Ring Energy, Inc. in the Penwell (Clear Fork 5100) field.

Oil lease dossier

11,736bbl oil, last 12 months−60% vs prior year
Operator
Ring Energy, Inc.
County
Ector County
Field
Penwell (Clear Fork 5100)
RRC lease
08-53527

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County
Gas, last 12 months
13,556 mcf
Oil in Apr 2024
0 bbl

Production by month

Oil output fell 60% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for MILLARD E, May 2021 to Apr 2024. Oil output fell 60% over the last 12 months. 11,736 bbl in the 12 months through Apr 2024, against 29,299 bbl in the 12 months before.Last 12 months: 11,736 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kJul 21OctJan 22AprJulOctJan 23AprJulOctJan 24Apr
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for MILLARD E, May 2021 to Apr 2024. Oil output fell 60% over the last 12 months. 11,736 bbl in the 12 months through Apr 2024, against 29,299 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kJul 21Jan 22JulJan 23JulJan 24

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

All of the gas went to a processing plant in the last 12 monthsShare of MILLARD E gas by disposition code each month, May 2021 to Apr 2024. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Jul 21OctJan 22AprJulOctJan 23AprJulOctJan 24Apr
All of the gas went to a processing plant in the last 12 monthsShare of MILLARD E gas by disposition code each month, May 2021 to Apr 2024. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 21Jan 22JulJan 23JulJan 24

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Aug 2023

Operators of this lease over timeFounders Oil & Gas Operating,llc, Jan 2020 to Jul 2023; Ring Energy, Inc., Aug 2023 to Apr 202420202021202220232024Changed Aug 2023Founders Oil & Gas Operating,…Jan 2020 to Jul 2023Ring Energy, Inc.Aug 2023 to now
Operators of this lease over timeFounders Oil & Gas Operating,llc, Jan 2020 to Jul 2023; Ring Energy, Inc., Aug 2023 to Apr 202420202021202220232024Changed Aug 2023Founders Oil & Gas Operating,llcJan 2020 to Jul 2023Ring Energy, Inc.Aug 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Anchor Crude Marketing, LLCOilGathers100Aug 15, 2023–
Dcp Operating Company, LPCasinghead gasBuys100Dec 7, 2019–
Dcp Operating Company, LPCasinghead gasGathers100Dec 7, 2019–
Veteran Energy Transport INCOilGathers100Dec 7, 2019Aug 15, 2023

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

Who buys my oilOil price check

172.10 acres on the newest permit

Permits for Millard E
API numberWell no.Acreson the permit
42-135-43694101172.10

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 MILLARD E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Apr 2024Ring Energy,00000$85.35$1.60
Mar 2024Ring Energy,00000$81.28$1.49
Feb 2024Ring Energy,00000$77.25$1.72
Jan 2024Ring Energy,00000$74.15$3.18
Dec 2023Ring Energy,00000$71.90$2.52
Nov 2023Ring Energy,00000$77.69$2.71
Oct 2023Ring Energy,1,1821,4252,0892,0890$85.64$2.98
Sep 2023Ring Energy,1,2501,3123,7333,7330$89.43$2.64
Aug 2023Ring Energy,2,1342,0793,3903,3900$81.39$2.58
Jul 2023Founders Oil2,3402,3224,2844,2840$76.07$2.55
Jun 2023Founders Oil2,0992,09860600$70.25$2.18
May 2023Founders Oil2,7312,684000$71.58$2.15
Apr 2023Founders Oil2,9692,8776,5906,5900$79.45$2.16
Mar 2023Founders Oil2,3302,2962,4992,4990$73.28$2.31
Feb 2023Founders Oil9049213,7963,7960$76.83$2.38
Jan 2023Founders Oil1,6901,7034,3944,3940$78.12$3.27
Dec 2022Founders Oil1,5781,61711110$76.44$5.53
Nov 2022Founders Oil3,2653,231000$84.37$5.45
Oct 2022Founders Oil2,4832,5064,8134,8130$87.55$5.66
Sep 2022Founders Oil3,9093,9157,9897,9890$84.26$7.88
Aug 2022Founders Oil3,1983,1909,9059,9050$93.67$8.81
Jul 2022Founders Oil8661,3294,0334,0330$101.62$7.28
Jun 2022Founders Oil2,7062,3169,9349,9340$114.84$7.70
May 2022Founders Oil3,4013,37611,47911,4790$109.55$8.14
Apr 2022Founders Oil3,9773,97412,92712,9270$101.78$6.60
Mar 2022Founders Oil2,6122,5614,0244,0240$108.50$4.90
Feb 2022Founders Oil1,8211,8323,8943,8940$91.64$4.69
Jan 2022Founders Oil2,3172,2604,0874,0870$83.22$4.38
Dec 2021Founders Oil1,9091,9104,7854,7850$71.71$3.76
Nov 2021Founders Oil2,1832,2014,5834,5830$79.15$5.05
Oct 2021Founders Oil2,5352,5135,3715,3710$81.48$5.51
Sep 2021Founders Oil2,0862,0631,8511,8510$71.65$5.16
Aug 2021Founders Oil1,7091,7243,4553,4550$67.73$4.07
Jul 2021Founders Oil1,4731,4681,7041,7040$72.49$3.84
Jun 2021Founders Oil1,4231,4583,2173,2170$71.38$3.26
May 2021Founders Oil2,1642,180000$65.17$2.91

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorRing Energy, Inc.FieldPenwell (Clear Fork 5100)CountyEctor County

Ring Energy, Inc. in Ector County

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Penwell (Clear Fork 5100) field

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New drilling permits in Ector County

Newest in the county: this lease has no coordinates.