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™

$175 **

* 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, TX846 BBLs180 MCFJun 2026
AugustusAndrews County, TX822 BBLs539 MCFJun 2026
Bell CAndrews County, TX180 BBLs0 MCFJun 2026
Block A-34 UnitAndrews County, TX106 BBLs0 MCFJun 2026
CothesAndrews County, TX1,976 BBLs0 MCFJun 2026
Deford-WhiteAndrews County, TX2,881 BBLs617 MCFJun 2026
DianaAndrews County, TX514 BBLs1,371 MCFJun 2026
FaunaAndrews County, TX537 BBLs726 MCFJun 2026
FebruusAndrews County, TX545 BBLs379 MCFJun 2026
FortunaAndrews County, TX491 BBLs725 MCFJun 2026
IversonAndrews County, TX508 BBLs0 MCFJun 2026
Jordan, AAndrews County, TX20 BBLs0 MCFJun 2026
MuleyAndrews County, TX181 BBLs0 MCFJun 2026
PallasAndrews County, TX918 BBLs1,048 MCFJun 2026
R.K. Deford AAndrews County, TX783 BBLs130 MCFJun 2026
Raider Power StateAndrews County, TX128 BBLs0 MCFJun 2026
Ul 14 TritonAndrews County, TX414 BBLs419 MCFJun 2026
UnderwoodAndrews County, TX4,143 BBLs1,539 MCFJun 2026
West John FisherAndrews County, TX938 BBLs0 MCFJun 2026
WhiteAndrews County, TX7,571 BBLs1,667 MCFJun 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.