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Producing

COWBOY JOE 708

Cowboy Joe 708 is an oil lease in Yoakum County, Texas, operated by Ring Energy, Inc. in the Platang (San Andres) field.

4 wells

131,175bbl oil, last 12 months+2% vs prior year
RRC lease
8A-70872

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Where it sits

This county

Yoakum CountyYoakumHockleyCochranTerryYoakum County
Yoakum County
Gas, last 12 months
490,605 mcf
Oil in Jul 2026
10,812 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: TARGA SAN ANDRES GAS SERVICES LL replaced STAKEHOLDER GAS SERVICES, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

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

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Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for COWBOY JOE 708, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 131,175 bbl in the 12 months through Jul 2026, against 128,547 bbl in the 12 months before.Last 12 months: 131,175 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for COWBOY JOE 708, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 131,175 bbl in the 12 months through Jul 2026, against 128,547 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a processing plant in the last 12 months

Flaring peaked at 26.3% of the gas in Jul 2025.

  • Processing plant (3)
  • Flared (4)
91% of the gas went to a processing plant in the last 12 monthsShare of COWBOY JOE 708 gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months. Flaring peaked at 26.3% of the gas in Jul 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 26.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
91% of the gas went to a processing plant in the last 12 monthsShare of COWBOY JOE 708 gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months. Flaring peaked at 26.3% of the gas in Jul 2025.Share of gas by disposition code0%50%100%Flared 26.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    91% · 447,410 mcf

  • Flared (4)

    8.8% · 43,195 mcf

8.8% of the gas flared in the last 12 months. 12 months above 3%.

4 wells on this lease

Wells on COWBOY JOE 708
API numberWell no.Status
42-501-370381XHActive
42-501-371402XHActive
42-501-372563XHActive
42-501-372574XHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Dec 5, 2018–
Targa San Andres Gas Services LlCasinghead gasBuys100Mar 1, 2026–
Targa San Andres Gas Utility LLCCasinghead gasGathers100Mar 1, 2026–
Stakeholder Gas Utility, LLCCasinghead gasGathers100Dec 1, 2020Mar 1, 2026
Stakeholder Gas Services, LLCCasinghead gasBuys100Jun 1, 2022Mar 1, 2026
Bp Energy Co.Casinghead gasBuys100Dec 5, 2018Jun 1, 2022
Santa Fe Midstream Permian LLCCasinghead gasGathers100Dec 5, 2018Dec 1, 2020

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

480.33 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 Cowboy Joe 708
API numberWell no.Acreson the permit
42-501-372574XH480.33
42-501-372563XH480.33
42-501-371402XH480.33
42-501-370381XH480.33

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 COWBOY JOE 708
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202610,81210,79045,72342,1783,545$80.46$2.89
Jun 20269,4279,40542,71935,8176,902$84.81$3.15
May 202610,99711,36245,17844,233945$102.13$2.94
Apr 202610,74210,49741,07830,84110,237$100.32$2.77
Mar 20268,7379,11337,23134,3982,833$91.38$3.04
Feb 202610,31310,39737,31637,3160$64.51$3.62
Jan 202610,96010,58136,24136,2410$60.04$7.72
Dec 202512,18112,08038,53638,5360$57.97$4.26
Nov 202511,25711,23838,19638,1960$60.06$3.79
Oct 202511,51911,55240,00132,2317,770$60.89$3.19
Sep 202512,03212,33346,54436,9219,623$63.96$2.97
Aug 202512,19812,40541,84240,5021,340$64.86$2.91
Jul 202512,68812,15254,89340,45814,435$68.39$3.20
Jun 202513,58514,23548,55739,4479,110$68.17$3.02
May 202510,4039,85437,23437,2340$62.17$3.12
Apr 202510,59810,78738,04438,0440$63.54$3.42
Mar 202511,56811,66444,63944,6390$68.24$4.12
Feb 202510,63010,41133,31633,3160$71.53$4.19
Jan 20259,0359,20026,29626,2960$75.74$4.13
Dec 202411,68611,37428,92928,9290$70.12$3.01
Nov 20249,61910,11529,13629,1360$69.95$2.12
Oct 202410,0599,92528,08828,0880$71.99$2.20
Sep 202411,45611,14727,96127,9610$70.24$2.28
Aug 20247,2207,09416,95816,444514$76.68$1.99
Jul 202412,52012,52615,61715,6170$81.80$2.07
Jun 202410,40210,30814,49414,4940$79.77$2.54
May 202411,69412,19714,43514,4350$80.02$2.12
Apr 202412,29213,16214,72814,7280$85.35$1.60
Mar 202414,77714,60214,32314,3230$81.28$1.49
Feb 202413,69113,76616,51916,5190$77.25$1.72
Jan 202415,81615,30218,07218,0720$74.15$3.18
Dec 202317,40217,52120,37519,749626$71.90$2.52
Nov 202314,29614,37219,28018,654626$77.69$2.71
Oct 202315,66616,23021,40921,4090$85.64$2.98
Sep 202315,65215,40021,97021,9700$89.43$2.64
Aug 202318,66618,35321,30221,3020$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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Nearby

Ring Energy, Inc. in Yoakum County

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Platang (San Andres) field

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