Texas oil lease
ProducingSTATE -KJ-
State -KJ- is an oil lease in Crane County, Texas, operated by Ring Energy, Inc. in the Dune field.
2 wells
- Operator
- Ring Energy, Inc.
- County
- Crane County
- Field
- Dune
- RRC lease
- 08-15734
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 147 mcf
- Oil in Jul 2026
- 40 bbl
Production by month
Oil output rose 12% 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
All of the gas went to a processing plant in the last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Who has run this lease
The operator changed once, most recently in Sep 2022
- Ring Energy, Inc. Sep 2022 to now
- Stronghold Energy II Oper, LLC Jan 2020 to Aug 2022
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-103-05724 | 2 | Shut-in |
| 42-103-10277 | 4 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Sentinel Transportation, LLC | Oil | Gathers | 100 | Feb 1, 2024 | – |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | Feb 1, 2017 | – |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 100 | Oct 1, 2011 | – |
| Lpc Crude Iii, LLC | Oil | Gathers | 50 | Jan 1, 2024 | Feb 1, 2024 |
| Sentinel Transportation, LLC | Oil | Gathers | 50 | Jan 1, 2024 | Feb 1, 2024 |
| Enterprise Crude Oil LLC | Oil | Gathers | 100 | Feb 1, 2017 | Jan 1, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
What the drilling permits say
- Good to know
The state has no unit acreage for this lease
Ask the operator for the acreage on your well's division order and unit plat.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-103-05724 | 2 | – | Mar 1, 1961 | – |
| 42-103-10016 | 5 | – | Jan 12, 1984 | – |
| 42-103-10277 | 4 | – | Sep 17, 1963 | – |
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 2026Ring Energy, | 40 | 36 | 27 | 27 | 0 | $80.46 | $2.89 |
| Jun 2026Ring Energy, | 65 | 78 | 13 | 13 | 0 | $84.81 | $3.15 |
| May 2026Ring Energy, | 75 | 102 | 7 | 7 | 0 | $102.13 | $2.94 |
| Apr 2026Ring Energy, | 155 | 148 | 14 | 14 | 0 | $100.32 | $2.77 |
| Mar 2026Ring Energy, | 157 | 174 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Ring Energy, | 99 | 80 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Ring Energy, | 98 | 85 | 5 | 5 | 0 | $60.04 | $7.72 |
| Dec 2025Ring Energy, | 121 | 122 | 13 | 13 | 0 | $57.97 | $4.26 |
| Nov 2025Ring Energy, | 112 | 127 | 10 | 10 | 0 | $60.06 | $3.79 |
| Oct 2025Ring Energy, | 111 | 91 | 14 | 14 | 0 | $60.89 | $3.19 |
| Sep 2025Ring Energy, | 125 | 112 | 17 | 17 | 0 | $63.96 | $2.97 |
| Aug 2025Ring Energy, | 33 | 44 | 27 | 27 | 0 | $64.86 | $2.91 |
| Jul 2025Ring Energy, | 68 | 86 | 26 | 26 | 0 | $68.39 | $3.20 |
| Jun 2025Ring Energy, | 147 | 126 | 23 | 23 | 0 | $68.17 | $3.02 |
| May 2025Ring Energy, | 84 | 92 | 20 | 20 | 0 | $62.17 | $3.12 |
| Apr 2025Ring Energy, | 131 | 123 | 3 | 3 | 0 | $63.54 | $3.42 |
| Mar 2025Ring Energy, | 88 | 85 | 18 | 18 | 0 | $68.24 | $4.12 |
| Feb 2025Ring Energy, | 119 | 109 | 17 | 17 | 0 | $71.53 | $4.19 |
| Jan 2025Ring Energy, | 23 | 24 | 4 | 4 | 0 | $75.74 | $4.13 |
| Dec 2024Ring Energy, | 9 | 37 | 0 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Ring Energy, | 106 | 90 | 4 | 4 | 0 | $69.95 | $2.12 |
| Oct 2024Ring Energy, | 96 | 89 | 4 | 4 | 0 | $71.99 | $2.20 |
| Sep 2024Ring Energy, | 89 | 91 | 3 | 3 | 0 | $70.24 | $2.28 |
| Aug 2024Ring Energy, | 102 | 99 | 10 | 10 | 0 | $76.68 | $1.99 |
| Jul 2024Ring Energy, | 87 | 109 | 19 | 19 | 0 | $81.80 | $2.07 |
| Jun 2024Ring Energy, | 98 | 83 | 14 | 14 | 0 | $79.77 | $2.54 |
| May 2024Ring Energy, | 93 | 87 | 14 | 14 | 0 | $80.02 | $2.12 |
| Apr 2024Ring Energy, | 107 | 123 | 10 | 10 | 0 | $85.35 | $1.60 |
| Mar 2024Ring Energy, | 83 | 83 | 11 | 11 | 0 | $81.28 | $1.49 |
| Feb 2024Ring Energy, | 121 | 133 | 6 | 6 | 0 | $77.25 | $1.72 |
| Jan 2024Ring Energy, | 107 | 92 | 3 | 3 | 0 | $74.15 | $3.18 |
| Dec 2023Ring Energy, | 117 | 106 | 9 | 9 | 0 | $71.90 | $2.52 |
| Nov 2023Ring Energy, | 104 | 132 | 11 | 11 | 0 | $77.69 | $2.71 |
| Oct 2023Ring Energy, | 165 | 131 | 14 | 14 | 0 | $85.64 | $2.98 |
| Sep 2023Ring Energy, | 28 | 30 | 4 | 4 | 0 | $89.43 | $2.64 |
| Aug 2023Ring Energy, | 39 | 58 | 15 | 15 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Ring Energy, Inc. in Crane County
- TUBB, J. B. ETAL TR. -C-
853 bbl
- LEA, P.J. ET AL
1,255 bbl
- SNODGRASS, E.N. 18
1,352 bbl
- UNIVERSITY 31-8
1,064 bbl
- STATE -KK-
1,112 bbl
- TUBB, J.B., ETAL
800 bbl
- LEA, P.J. ET AL
745 bbl
- MCKNIGHT, M. B.
604 bbl
- TUBB, J.B. -B-
566 bbl
- TUBB, J. B.
6,783 mcf
Dune field
- STATE -LB-
1,254 bbl
- STATE OF TEXAS -DV-
1,410 bbl
- PURE-UNIVERSITY -A-
1,281 bbl
- ADAMS, H. E. "A"
1,267 bbl
- UNIVERSITY LANDS 31
942 bbl
- TEXAS UNIVERSITY SEC. 16
1,042 bbl
- UNIVERSITY "D"
1,039 bbl
- PURE-UNIVERSITY -B-
875 bbl
- TEXAS CONSOLIDATED #1
635 bbl
- STATE -LC-
529 bbl
Leases within 10 km
- STATE -KJ-
0 bbl · 0.2 km
- STATE -KK-
0 bbl · 0.2 km
- STATE -KK-
0 bbl · 0.3 km
- TEXAS CONSOLIDATED #1
8,181 bbl · 0.5 km
- TEXAS -GG-
2,400 bbl · 1 km
- UNIVERSITY -Y-
4,355 bbl · 1 km
- UNIVERSITY -Y-
396 bbl · 1.1 km
- UNIVERSITY WADDELL DEVONIAN UNIT
19,480 bbl · 1.1 km
- TEXAS UNIVERSITY SEC. 1 & 2
6,312 bbl · 1.2 km
- UNIVERSITY -Z-
3,165 bbl · 1.2 km
Drilling permits within 10 km
BLOCK 31 UNIT #H 5H
recompletion · OXY USA EOR, LLC · Crane County · 3.6 km
Permit 0918850 · Sep 28, 2026
BLOCK 31 UNIT #K 3K
recompletion · Hilcorp Energy Company · Crane County · 3.3 km
Permit 0918855 · Sep 25, 2026
WADDELL TR 3 #5827H
new drill · horizontal · Blackbeard Operating, LLC · Crane County · 6.4 km
Permit 0918329 · Sep 10, 2026
WADDELL TR 3 #6026H
new drill · horizontal · Blackbeard Operating, LLC · Crane County · 6.5 km
Permit 0918322 · Sep 4, 2026
WADDELL 13-25 6BN #5427H
new drill · horizontal · Blackbeard Operating, LLC · Crane County · 6.4 km
Permit 0918346 · Sep 4, 2026