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Texas oil lease

No report in 6+ months

MILLARD -L-

Millard -L- is an oil lease in Ector County, Texas, operated by Ring Energy, Inc. in the Penwell (Devonian) field.

1 well

0bbl oil, last 12 months
RRC lease
08-41750

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Where it sits

This county

Ector CountyEctorMartinMidlandAndrewsWinklerWardEctor County
Ector County
Oil in May 2025
0 bbl
Reporting since
Jan 2020

Production by month

No production to chart

The state shows zero oil and zero gas for all 18 months we hold (Jun 2022 to May 2025). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Sep 2024

Operators of this lease over timeFounders Oil & Gas Operating,llc, Jan 2020 to Jul 2023; Ring Energy, Inc., Sep 2024 to May 2025202020212022202320242025Changed Sep 2024Founders Oil & Gas Operating,…Jan 2020 to Jul 2023Ring Energy, Inc.Sep 2024 to now
Operators of this lease over timeFounders Oil & Gas Operating,llc, Jan 2020 to Jul 2023; Ring Energy, Inc., Sep 2024 to May 2025202020212022202320242025Changed Sep 2024Founders Oil & Gas Operating,llcJan 2020 to Jul 2023Ring Energy, Inc.Sep 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MILLARD -L-
API numberWell no.Status
42-135-407675Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Anchor Crude Marketing, LLCOilGathers100Aug 15, 2023–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Sentinel Transportation, LLCOilGathers100Aug 16, 2011Aug 15, 2023

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

161 acres on the newest permit

Permits for Millard -L-
API numberWell no.Acreson the permit
42-135-407675161

SourceRailroad Commission drilling permits, Sep 26, 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 MILLARD -L-
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
May 2025Ring Energy,00$62.17$3.12
Apr 2025Ring Energy,00$63.54$3.42
Mar 2025No report––$68.24$4.12
Feb 2025No report––$71.53$4.19
Jan 2025No report––$75.74$4.13
Dec 2024No report––$70.12$3.01
Nov 2024Ring Energy,00$69.95$2.12
Oct 2024No report––$71.99$2.20
Sep 2024Ring Energy,00$70.24$2.28
Aug 2024No report––$76.68$1.99
Jul 2024No report––$81.80$2.07
Jun 2024No report––$79.77$2.54
May 2024No report––$80.02$2.12
Apr 2024No report––$85.35$1.60
Mar 2024No report––$81.28$1.49
Feb 2024No report––$77.25$1.72
Jan 2024No report––$74.15$3.18
Dec 2023No report––$71.90$2.52
Nov 2023No report––$77.69$2.71
Oct 2023No report––$85.64$2.98
Sep 2023No report––$89.43$2.64
Aug 2023No report––$81.39$2.58
Jul 2023Founders Oil00$76.07$2.55
Jun 2023Founders Oil00$70.25$2.18
May 2023Founders Oil00$71.58$2.15
Apr 2023Founders Oil00$79.45$2.16
Mar 2023Founders Oil00$73.28$2.31
Feb 2023Founders Oil00$76.83$2.38
Jan 2023Founders Oil00$78.12$3.27
Dec 2022Founders Oil00$76.44$5.53
Nov 2022Founders Oil00$84.37$5.45
Oct 2022Founders Oil00$87.55$5.66
Sep 2022Founders Oil00$84.26$7.88
Aug 2022Founders Oil00$93.67$8.81
Jul 2022Founders Oil00$101.62$7.28
Jun 2022Founders Oil00$114.84$7.70

No report filed

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

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Nearby

Ring Energy, Inc. in Ector County

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Penwell (Devonian) field

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Drilling permits within 10 km