Texas Tea

Oil Property in Andrews County, TX

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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Texas Tea

CountyAndrews County, TX
OperatorPARALLEL PETROLEUM LLC
Production DatesAug 2018 - Oct 2025
Total Oil Production11,174 BBLs
Total Gas Production0 MCF
Recent Oil Production311 BBLs in Sep 2025
Recent Gas Production0 MCF in Sep 2025
Wells on Property2

Our Valuation Estimates for Texas Tea

ShaleAssessment™

Not Available

MarketMultiple™

$13,749 **

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

Based on a decimal interest

Texas Tea Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Texas Tea
from Aug 2018 to Oct 2025

Wells on Texas Tea

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-47736TEXAS TEA 1PARALLEL PETROLEUM LLCDry HoleAndrews County, TX32.482344-102.733943
42-003-47821TEXAS TEA 2HPARALLEL PETROLEUM LLCProducingAndrews County, TX32.467108-102.729929

Leases included in Texas Tea

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-50872TEXAS TEAPARALLEL PETROLEUM LLCAndrews County, TX

Nearby Properties

These are the closest 20 properties to the Texas Tea property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Amoco University 3Andrews County, TX415 BBLs0 MCFOct 2025
Arco-University 2Andrews County, TX116 BBLs0 MCFOct 2025
BitlerAndrews County, TX2,155 BBLs0 MCFOct 2025
Bitler 01 MinihanAndrews County, TX472 BBLs0 MCFOct 2025
Bitler Lowe ClearforAndrews County, TX2,237 BBLs0 MCFOct 2025
Chi MobilAndrews County, TX154 BBLs0 MCFOct 2025
Fullerton EastAndrews County, TX345 BBLs0 MCFSep 2025
IversonAndrews County, TX628 BBLs0 MCFOct 2025
LogsdonAndrews County, TX501 BBLs0 MCFOct 2025
Longhorn -213Andrews County, TX261 BBLs0 MCFOct 2025
LoweAndrews County, TX251 BBLs0 MCFOct 2025
Lowe-BitAndrews County, TX941 BBLs0 MCFOct 2025
MilanAndrews County, TX9 BBLs0 MCFOct 2025
Monterey UniversityAndrews County, TX1,107 BBLs1,131 MCFOct 2025
ParkerAndrews County, TX663 BBLs0 MCFOct 2025
Simmons HardinAndrews County, TX102 BBLs0 MCFOct 2025
Sinclair-UniversityAndrews County, TX122 BBLs0 MCFOct 2025
Ul 13 HyperionAndrews County, TX430 BBLs462 MCFOct 2025
Ul 14 OberonAndrews County, TX903 BBLs957 MCFOct 2025
Ul 14 TritonAndrews County, TX496 BBLs488 MCFOct 2025

Companies in the Area

These are the closest 20 companies operating near the Texas Tea property.

Company Name
Bettis, Boyle & Stovall
Contango Resources LLC
Fasken Oil And Ranch, LTD.
Forge Energy, LLC
Highmark Energy Operating LLC
Huber J M Corp
LZS Corporation
Maralo, Inc.
Maynard Oil Co.
Minihan Oil & Gas Corporation
Minihan Oil & Gas LTD.
Parallel Petroleum LLC
Parsley Energy Operations, LLC
Phillips Petroleum Company
Prasad, Hari Production Co.
R3 Operating Corporation
Ring Energy, Inc.
Scythian, LTD.
Vin Fisher Operating, Inc.
White Rock Oil & Gas, LLC

Frac'ing activity on Texas Tea

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-003-47821Texas Tea #2H

Owners of Texas Tea

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025OVINTIV USA INCTEXAS TEASIP UNIVERSITYOVINTIV USA IN
2025UNIVERSITY OF TEXAS (PUF)TEXAS TEASIP UNIVERSITYOVINTIV USA IN