Milan

Oil & Gas Property in Andrews County, TX

  2. Texas
  3. Andrews County, TX
  4. Oil & Gas Properties in Andrews County, TX
  5. Milan Oil & Gas Property

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Property Summary

Key data points for Milan

CountyAndrews County, TX
OperatorPARALLEL PETROLEUM LLC
Production DatesSep 2013 - Nov 2025
Total Oil Production45,009 BBLs
Total Gas Production44,248 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Milan

ShaleAssessment™

$4,005 *

MarketMultiple™

$373 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Milan Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Milan
from Sep 2013 to Nov 2025

Wells on Milan

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-45450MILAN 2410PARALLEL PETROLEUM LLCInjectionAndrews County, TX32.481386-102.680656
42-003-45673MILAN 2410HPARALLEL PETROLEUM LLCShut InAndrews County, TX32.481449-102.680391

Leases included in Milan

Lease #Lease NameOperatorCounty
08-45425MILANPARALLEL PETROLEUM LLCAndrews County, TX
08-45813MILANPARALLEL PETROLEUM LLCAndrews County, TX

Nearby Properties

These are the closest 20 properties to the Milan property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Armstrong Elizabeth M. EtalAndrews County, TX995 BBLs197 MCFMar 2026
AugustusAndrews County, TX1,064 BBLs725 MCFMar 2026
Bell CAndrews County, TX167 BBLs0 MCFMar 2026
Block A-34 UnitAndrews County, TX78 BBLs0 MCFMar 2026
CothesAndrews County, TX1,807 BBLs0 MCFMar 2026
Deford-WhiteAndrews County, TX2,757 BBLs543 MCFMar 2026
DianaAndrews County, TX373 BBLs1,840 MCFMar 2026
FaunaAndrews County, TX741 BBLs1,637 MCFMar 2026
FebruusAndrews County, TX582 BBLs706 MCFMar 2026
FortunaAndrews County, TX625 BBLs1,869 MCFMar 2026
FurinaAndrews County, TX286 BBLs980 MCFMar 2026
IversonAndrews County, TX518 BBLs0 MCFMar 2026
Jordan, AAndrews County, TX22 BBLs0 MCFMar 2026
MuleyAndrews County, TX215 BBLs0 MCFMar 2026
PallasAndrews County, TX655 BBLs1,389 MCFMar 2026
R.K. Deford AAndrews County, TX697 BBLs107 MCFMar 2026
Raider Power StateAndrews County, TX180 BBLs0 MCFMar 2026
Ul 14 TritonAndrews County, TX371 BBLs383 MCFMar 2026
UnderwoodAndrews County, TX3,602 BBLs3,136 MCFMar 2026
West John FisherAndrews County, TX1,051 BBLs0 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Milan property.

Company Name
Bald Eagle Operating Inc.
Bass Enterprises Production Co
Bettis, Boyle & Stovall
Citation Oil & Gas Corp
Dominion Operating, LLC
Forge Energy, LLC
Grasha, Matthew P.
Hunt Oil Company
Lynx Energy Company, Inc.
Lynx Operating Co., Inc.
McDonnold Operating, Inc.
Meridian Exploration Corp.
Parallel Petroleum LLC
Prasad, Hari Production Co.
R3 Operating Corporation
Redco Oil & Gas, Inc.
Ring Energy, Inc.
Vin Fisher Operating, Inc.
Wood, McShane & Thams
Zarvona Energy LLC

Oil & Gas Sales on Milan

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-45425MILANDec 2022ENERGY TRANSFER CRUDE MARKETING LLCLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANJul 2020PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANJan 2020PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45425MILANJan 2020DCP OPERATING COMPANY, LPLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANNov 2019PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANOct 2019PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANSep 2019PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANAug 2019PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANJul 2019PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANJun 2019PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANMay 2019PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANApr 2019PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANMar 2019PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANFeb 2019PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANJan 2019PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANDec 2018PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45425MILANDec 2018DCP OPERATING COMPANY, LPLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANNov 2018PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45425MILANNov 2018DCP OPERATING COMPANY, LPLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANOct 2018PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45425MILANOct 2018DCP OPERATING COMPANY, LPLIME ROCK RESOURCES IV-A, L.P.
08-45425MILANSep 2018DCP OPERATING COMPANY, LPLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANSep 2018PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45813MILANAug 2018PHILLIPS 66 COMPANYLIME ROCK RESOURCES IV-A, L.P.
08-45425MILANAug 2018DCP OPERATING COMPANY, LPLIME ROCK RESOURCES IV-A, L.P.