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 - Jun 2025
Total Oil Production181,731 BBLs
Total Gas Production83,429 MCF
Recent Oil Production305 BBLs in May 2025
Recent Gas Production0 MCF in May 2025
Wells on Property1

Our Valuation Estimates for Big Jake

ShaleAssessment

$23,444 *

MarketMultiple

$41,519 **

* 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 Jun 2025

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.
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, TX668 BBLs411 MCFMay 2025
CothesAndrews County, TX1,648 BBLs0 MCFJun 2025
Elam (Queen Sand) UnitGaines County, TX116 BBLs0 MCFJun 2025
HallAndrews County, TX215 BBLs0 MCFJun 2025
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
Harris Queen UnitAndrews County, TX58 BBLs0 MCFJun 2025
Harris San Andres UnitGaines County, TX14,707 BBLs0 MCFJun 2025
IversonAndrews County, TX584 BBLs0 MCFJun 2025
Jet PilotAndrews County, TX509 BBLs0 MCFJun 2025
Jordan, AAndrews County, TX14 BBLs0 MCFJun 2025
PallasAndrews County, TX993 BBLs1,084 MCFMay 2025
Rio BravoAndrews County, TX305 BBLs0 MCFJun 2025
ScipioGaines County, TX416 BBLs361 MCFMay 2025
ShortesAndrews County, TX419 BBLs0 MCFJun 2025
SimpsonGaines County, TX0 BBLs0 MCFOct 2022
South Harris UnitGaines County, TX3,242 BBLs469 MCFJun 2025
TetensGaines County, TX2,173 BBLs46 MCFJun 2025
TiberiusGaines County, TX482 BBLs372 MCFMay 2025
True GritAndrews County, TX846 BBLs0 MCFJun 2025

Frac'ing activity on Big Jake

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-165-38409Big Jake 1H

Owners of Big Jake

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PARALLEL PETROLEUM LLCBIG JAKE 1HPARALLEL PETRO
2025HILCORP MINERALS LLCBIG JAKE 1HPARALLEL PETRO
2025FMH FOUNDATION OIL/GASBIG JAKE 1HPARALLEL PETRO
2025PRICE JOE D LLCBIG JAKE 1HPARALLEL PETRO
2025JORDAN AUGUSTA S/S/PBIG JAKE 1HPARALLEL PETRO
2025FERSTLER HOLDINGS LPBIG JAKE 1HPARALLEL PETRO
2025KELLOGG HOLDINGS LTDBIG JAKE 1HPARALLEL PETRO
2025HALL-FREE ENERGY INVESTMENTS LLCBIG JAKE 1HPARALLEL PETRO
Displaying 8 of 172 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 JAKEApr 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEMar 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEFeb 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEFeb 2025DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJan 2025PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEDec 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKENov 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEOct 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKESep 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEAug 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJul 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJun 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEMay 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEApr 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEMar 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEFeb 2024DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEFeb 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJan 2024DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJan 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEDec 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEDec 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKENov 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKENov 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEOct 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEOct 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC