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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Midland’s Ring Energy resumes drilling operations in Yoakum County

December 11, 2020 by PBOG

Midland-based Ring Energy said last week it resumed drilling operations for its first new horizontal wells in 10 months. Paul D. McKinney, CEO and chairman, said a well was spud Dec. 2 on Ring’s leasehold on northwest shelf in Yoakum County. It will be a 1.5-mile horizontal San Andres oil well drilled to a vertical depth of 5,000 feet. Ring restored production to 9,219 boed (88 percent oil) in 2020Q3 to increase production 70 percent compared to 2020Q2.

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