Big Jake

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Big Jake

CountyGaines County, TX
OperatorPARALLEL PETROLEUM LLC
Production DatesAug 2016 - Jan 2024
Total Oil Production174,353 BBLs
Total Gas Production83,107 MCF
Recent Oil Production487 BBLs in Dec 2023
Recent Gas Production3 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Big Jake

ShaleAssessment

$36,073 *

MarketMultiple

$54,543 **

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

Based on a decimal interest

Big Jake Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Big Jake
from Aug 2016 to Jan 2024

Wells on Big Jake

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-38409BIG JAKE 1HPARALLEL PETROLEUM LLCProducingGaines County, TX32.524830-102.661171

Leases included in Big Jake

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
8A-70532BIG JAKEPARALLEL PETROLEUM LLCGaines County, TX

Nearby Properties

These are the closest 20 properties to the Big Jake property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderAndrews County, TX0 BBLs0 MCFOct 2022
ApolloGaines County, TX761 BBLs517 MCFDec 2023
CothesAndrews County, TX1,898 BBLs0 MCFJan 2024
HallAndrews County, TX270 BBLs0 MCFJan 2024
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
Harris Queen UnitAndrews County, TX0 BBLs0 MCFNov 2023
Harris San Andres UnitGaines County, TX16,751 BBLs89 MCFJan 2024
IversonAndrews County, TX440 BBLs0 MCFJan 2024
Jet PilotAndrews County, TX775 BBLs8 MCFJan 2024
Jordan, AAndrews County, TX32 BBLs0 MCFJan 2024
Lucky TexanAndrews County, TX1,032 BBLs15 MCFJan 2024
Riders Of DestinyGaines County, TX346 BBLs0 MCFJan 2024
ScipioGaines County, TX446 BBLs251 MCFDec 2023
ShortesAndrews County, TX557 BBLs0 MCFJan 2024
SimpsonGaines County, TX0 BBLs0 MCFOct 2022
TetensGaines County, TX1,807 BBLs18 MCFJan 2024
TheaAndrews County, TX477 BBLs641 MCFDec 2023
TiberiusGaines County, TX428 BBLs343 MCFDec 2023
True GritAndrews County, TX1,095 BBLs5 MCFJan 2024
TyphonGaines County, TX381 BBLs507 MCFDec 2023

Owners of Big Jake

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023PARALLEL PETROLEUM LLCBIG JAKE 1HPARALLEL PETRO
2023ZPZ DELAWARE I LLCBIG JAKE 1HPARALLEL PETRO
2023FMH FOUNDATION OIL/GASBIG JAKE 1HPARALLEL PETRO
2023PRICE JOE D LLCBIG JAKE 1HPARALLEL PETRO
2023JORDAN AUGUSTA S/S/PBIG JAKE 1HPARALLEL PETRO
2023FERSTLER HOLDINGS LPBIG JAKE 1HPARALLEL PETRO
2023KELLOGG HOLDINGS LTDBIG JAKE 1HPARALLEL PETRO
2023HALL-FREE ENERGY INVESTMENTS LLCBIG JAKE 1HPARALLEL PETRO
Displaying 8 of 162 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Big Jake

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-70532BIG JAKEDec 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKENov 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKENov 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEOct 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEOct 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKESep 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKESep 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEAug 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEAug 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJul 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJul 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJun 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJun 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEMay 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEMay 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEApr 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEApr 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEMar 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEMar 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEFeb 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEFeb 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJan 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEDec 2022PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKENov 2022PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEOct 2022PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC