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    Ring Energy

    NYSE: REI

    Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.

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    Upstream · Independent E&P

    Ring Energy

    REI

    Ring Energy is a Houston-area E&P company focused on oil and gas development in the Permian Basin of West Texas.

    Founded
    2012
    Employees
    200+
    Revenue
    $700 million (2023)
    HQ
    The Woodlands, TX (Houston Metro)
    Permian BasinCentral Basin PlatformNorthwest ShelfOil Production

    Ring Energy, Inc. is an independent oil and natural gas company headquartered in The Woodlands, Texas, focused on the acquisition, exploration, development, and production of oil and natural gas resources in the Permian Basin. The company operates in the Central Basin Platform and the Northwest Shelf of the Permian Basin, targeting conventional and unconventional formations.

    Headquarters

    The Woodlands, TX (Houston Metro)

    Founded

    2012

    Employees

    200+

    Revenue

    $700 million (2023)

    CEO

    Paul McKinney

    History of Ring Energy

    Ring Energy was founded in 2012 and has grown through a series of acquisitions in the Permian Basin. The company's strategy focuses on acquiring and developing oil-rich properties in proven areas of the Permian Basin, utilizing both conventional and horizontal drilling techniques to maximize production and reserves.

    Operations & Business Segments

    Ring Energy operates approximately 100,000 net acres in the Permian Basin, split between the Central Basin Platform and the Northwest Shelf. The company utilizes a combination of conventional vertical wells and horizontal wells to develop multiple productive formations across its acreage position.

    Headquarters Location

    The Woodlands, TX (Houston Metro)

    Key Specialties & Capabilities

    Permian BasinCentral Basin PlatformNorthwest ShelfOil ProductionConventional DrillingHorizontal Drilling

    Frequently Asked Questions About Ring Energy

    What does Ring Energy do?
    Ring Energy is an independent E&P company focused on acquiring and developing oil and gas properties in the Permian Basin of West Texas.
    Where is Ring Energy headquartered?
    Ring Energy is headquartered in The Woodlands, Texas, which is in the Greater Houston metropolitan area.
    Where does Ring Energy operate?
    Ring Energy operates in the Central Basin Platform and Northwest Shelf areas of the Permian Basin in West Texas and Southeast New Mexico.
    What does Ring Energy do in Houston?
    Ring Energy is a upstream company based in The Woodlands, TX (Houston Metro). Ring Energy is a Houston-area E&P company focused on oil and gas development in the Permian Basin of West Texas.
    Where is Ring Energy headquartered?
    Ring Energy is headquartered in The Woodlands, TX (Houston Metro), founded in 2012. The company operates in Houston's energy corridor as part of the upstream sector.

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