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Texas oil lease

Producing

LONGHORN 708

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

4 wells

113,803bbl oil, last 12 months−22% vs prior year
Operator
Ring Energy, Inc.
County
Yoakum County
Field
Platang (San Andres)
RRC lease
8A-70823

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Where it sits

This county

Yoakum CountyYoakumHockleyCochranTerryYoakum County
Yoakum County
Gas, last 12 months
601,033 mcf
Oil in Jul 2026
8,488 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.

See why checks stop on this lease

Production by month

Oil output fell 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for LONGHORN 708, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 113,803 bbl in the 12 months through Jul 2026, against 146,203 bbl in the 12 months before.Last 12 months: 113,803 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for LONGHORN 708, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 113,803 bbl in the 12 months through Jul 2026, against 146,203 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

96% of the gas went to a processing plant in the last 12 months

Flaring peaked at 17.4% of the gas in Apr 2026.

  • Processing plant (3)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of LONGHORN 708 gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 17.4% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 17.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of LONGHORN 708 gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 17.4% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 17.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 576,068 mcf

  • Flared (4)

    4.2% · 24,965 mcf

4.2% of the gas flared in the last 12 months. 5 months above 3%.

4 wells on this lease

Wells on LONGHORN 708
API numberWell no.Status
42-501-369831XHActive
42-501-371412XHActive
42-501-372613XHActive
42-501-3726215XHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Oct 10, 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 1, 2020Jun 1, 2022

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

Who buys my oilOil price check

480.65 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 Longhorn 708
API numberWell no.Acreson the permit
42-501-3726215XH480.65
42-501-372613XH480.65
42-501-371412XH480.65
42-501-369831XH480.65

SourceRailroad Commission drilling permits, Oct 3, 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 LONGHORN 708
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268,4888,41053,89152,8901,001$80.46$2.89
Jun 20268,3398,68653,09147,3775,714$84.81$3.15
May 20269,5249,24356,75854,7012,057$102.13$2.94
Apr 20269,6429,67549,03840,4938,545$100.32$2.77
Mar 202610,61610,85749,05749,0570$91.38$3.04
Feb 202610,15110,19348,20848,2080$64.51$3.62
Jan 20268,6878,74046,89046,8900$60.04$7.72
Dec 20258,5588,15446,92346,9230$57.97$4.26
Nov 20259,2349,28147,65647,6560$60.06$3.79
Oct 202510,55810,73250,37643,3776,999$60.89$3.19
Sep 20259,2279,30545,66845,6680$63.96$2.97
Aug 202510,77910,96953,47752,828649$64.86$2.91
Jul 202511,87411,56054,28954,27316$68.39$3.20
Jun 202511,45711,80248,55247,978574$68.17$3.02
May 202511,66811,12154,28054,2800$62.17$3.12
Apr 202510,32510,85333,54133,5410$63.54$3.42
Mar 202511,19810,96132,74532,7450$68.24$4.12
Feb 20258,1807,85225,06225,0620$71.53$4.19
Jan 202511,49211,56628,34828,3480$75.74$4.13
Dec 202413,29113,62130,55830,5580$70.12$3.01
Nov 202414,04414,20126,80426,8040$69.95$2.12
Oct 202414,10514,07626,25226,2520$71.99$2.20
Sep 202413,59813,41923,77823,7780$70.24$2.28
Aug 202414,97115,04025,64525,6450$76.68$1.99
Jul 202412,09311,85416,26316,2630$81.80$2.07
Jun 20249,1528,81514,87614,8760$79.77$2.54
May 20245,4335,40311,25811,2580$80.02$2.12
Apr 20248,3898,45515,63415,6340$85.35$1.60
Mar 20249,83410,2579,3959,3950$81.28$1.49
Feb 202411,83612,0628,9058,9050$77.25$1.72
Jan 202413,07913,24412,87012,434436$74.15$3.18
Dec 202315,03014,67927,12027,1200$71.90$2.52
Nov 202312,05512,11825,84525,8450$77.69$2.71
Oct 202314,10613,88027,32227,3220$85.64$2.98
Sep 202313,08813,02325,69325,6930$89.43$2.64
Aug 202310,40910,29219,77119,7710$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

This lease belongs to

OperatorRing Energy, Inc.FieldPlatang (San Andres)CountyYoakum County

Ring Energy, Inc. in Yoakum County

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Platang (San Andres) field

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