A novel inductance-free nonlinear oscillator circuit with a single bifurcation parameter is presented in this paper. This circuit is composed of a twin-T oscillator, a passive RC network, and a flux-controlled memristor. With an increase in the control parameter, the circuit exhibits complicated chaotic behaviors from double periodicity. The dynamic properties of the circuit are demonstrated by means of equilibrium stability, Lyapunov exponent spectra, and bifurcation diagrams. In order to confirm the occurrence of chaotic behavior in the circuit, an analog realization of the piecewise-linear flux-controlled memristor is proposed, and Pspice simulation is conducted on the resulting circuit. A novel inductance-free nonlinear oscillator circuit with a single bifurcation parameter is presented in this paper. This circuit is composed of a twin-T oscillator, a passive RC network, and a flux-controlled memristor. With an increase in the control parameter, the circuit exhibits complicated chaotic behaviors from double periodicity. The dynamic properties of the circuit are demonstrated by means of equilibrium stability, Lyapunov exponent spectra, and bifurcation diagrams. In order to confirm the occurrence of chaotic behavior in the circuit, an analog realization of the piecewise-linear flux-controlled memristor is proposed, and Pspice simulation is conducted on the resulting circuit.