Cone

Oil & Gas Property in Gaines County, TX

  2. Texas
  3. Gaines County, TX
  4. Oil & Gas Properties in Gaines County, TX
  5. Cone Oil & Gas Property

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Property Summary

Key data points for Cone

CountyGaines County, TX
OperatorPARALLEL PETROLEUM LLC
Production DatesJan 1993 - Jan 2026
Total Oil Production129,498 BBLs
Total Gas Production22,259 MCF
Recent Oil Production3 BBLs in Dec 2025
Recent Gas Production0 MCF in Dec 2025
Wells on Property3

Our Valuation Estimates for Cone

ShaleAssessment™

$223 *

MarketMultiple™

$412 **

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

Based on a decimal interest

Cone Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Cone
from Jan 1993 to Jan 2026

Wells on Cone

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-32408CONE 1PARALLEL PETROLEUM LLCShut InGaines County, TX32.553643-102.634336
42-165-33398CONE 2PARALLEL PETROLEUM LLCProducingGaines County, TX32.552789-102.637424
42-165-36656CONE 3PARALLEL PETROLEUM LLCShut InGaines County, TX32.551870-102.639836

Leases included in Cone

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-28377CONEPARALLEL PETROLEUM LLCGaines County, TX
8A-64402CONECAPROCK OIL & GAS, INC.Gaines County, TX

Nearby Properties

These are the closest 20 properties to the Cone property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ApolloGaines County, TX521 BBLs517 MCFJan 2026
BromiosGaines County, TX472 BBLs649 MCFJan 2026
Carm-Ann San Andres UnitGaines County, TX5,365 BBLs0 MCFJan 2026
Colgan St. AGaines County, TX119 BBLs0 MCFJan 2026
CupidGaines County, TX406 BBLs294 MCFJan 2026
E. C. M. LeaseGaines County, TX0 BBLs0 MCFJan 2025
ElamGaines County, TX3,013 BBLs202 MCFJan 2026
Elam (Queen Sand) UnitGaines County, TX0 BBLs0 MCFNov 2025
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
MarsGaines County, TX0 BBLs0 MCFMar 2024
MayoGaines County, TX34 BBLs17 MCFJan 2026
McConal-ClarkGaines County, TX527 BBLs0 MCFJan 2026
MeropeGaines County, TX0 BBLs0 MCFApr 2019
Russell L. BGaines County, TX388 BBLs0 MCFJan 2026
ScipioGaines County, TX364 BBLs224 MCFJan 2026
ShusaGaines County, TX4,854 BBLs0 MCFJan 2026
SimpsonGaines County, TX1 BBLs13 MCFDec 2025
Thompson BGaines County, TX1,867 BBLs0 MCFJan 2026
TiberiusGaines County, TX359 BBLs328 MCFJan 2026
WinklesGaines County, TX129 BBLs0 MCFJan 2026

Companies in the Area

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

Company Name
Aroc (Texas) Inc.
Bald Eagle Operating Inc.
Bce-Mach III LLC
Caprock Operating, Inc.
Chaparral Energy, L.L.C.
Chevron USA Inc
Coastal Oil & Gas Corp
Extex Operating Company
Free Rein Operating LLC
Incline Energy
Jetta Operating Company, Inc.
Lynx Operating Co., Inc.
Parallel Petroleum LLC
Pierce Production Company, LLC
Ring Energy, Inc.
Texaco E & P Inc.
Thompson, J. Cleo
Vin Fisher Operating, Inc.
Wood, McShane & Thams
Zarvona Energy LLC

Owners of Cone

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PARALLEL PETROLEUM LLCCONEPARALLEL PETRO
2025SEVENWAYS VENTURE CAPITAL LTDCONEPARALLEL PETRO
2025WILLIAMS TRUST FBO MMPCONEPARALLEL PETRO
2025HINCHEY PATSY FMLY PTNSHPCONEPARALLEL PETRO
2025YEAGER RESOURCES LTDCONEPARALLEL PETRO
2025SEVENWAYS VENTURE CAPITAL LTDCONEPARALLEL PETRO
2025POPS MINERALS LLCCONEPARALLEL PETRO
2025POPS MINERALS LLCCONEPARALLEL PETRO
Displaying 8 of 21 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Cone

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-28377CONEDec 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEOct 2022PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEMar 2020PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEApr 2018PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEJan 2017PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEFeb 2016PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONESep 2015PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEJul 2015PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEMar 2015PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONENov 2014PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEJul 2014PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEFeb 2014PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEDec 2013PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEAug 2013PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEJan 2013PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEOct 2012PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEJun 2012PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
08-28377CONEMar 2012CONOCOPHILLIPS COMPANYPARALLEL PETROLEUM LLC
08-28377CONEDec 2011CONOCOPHILLIPS COMPANYPARALLEL PETROLEUM LLC
08-28377CONEOct 2011CONOCOPHILLIPS COMPANYPARALLEL PETROLEUM LLC
08-28377CONEAug 2011CONOCOPHILLIPS COMPANYPARALLEL PETROLEUM LLC
08-28377CONEMay 2011CONOCOPHILLIPS COMPANYPARALLEL PETROLEUM LLC
08-28377CONEFeb 2011CONOCOPHILLIPS COMPANYPARALLEL PETROLEUM LLC
08-28377CONEJan 2011CONOCOPHILLIPS COMPANYPARALLEL PETROLEUM LLC
08-28377CONENov 2010CONOCOPHILLIPS COMPANYPARALLEL PETROLEUM LLC