Oil & Gas Property in Gaines County, TX
Key data points for Cone
| County | Gaines County, TX |
|---|---|
| Operator | PARALLEL PETROLEUM LLC |
| Production Dates | Jan 1993 - Jan 2024 |
| Total Oil Production | 129,371 BBLs |
| Total Gas Production | 22,259 MCF |
| Recent Oil Production | 13 BBLs in Dec 2023 |
| Recent Gas Production | 0 MCF in Dec 2023 |
| Wells on Property | 3 |
Our Valuation Estimates for Cone
ShaleAssessment™
$348 *
MarketMultiple™
$2,184 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Cone property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Apollo | Gaines County, TX | 761 BBLs | 517 MCF | Dec 2023 |
| Bromios | Gaines County, TX | 323 BBLs | 1,044 MCF | Dec 2023 |
| Carm-Ann San Andres Unit | Gaines County, TX | 6,430 BBLs | 0 MCF | Jan 2024 |
| Colgan St. A | Gaines County, TX | 261 BBLs | 0 MCF | Jan 2024 |
| Elam | Gaines County, TX | 5,850 BBLs | 401 MCF | Jan 2024 |
| Elam (Queen Sand) Unit | Gaines County, TX | 0 BBLs | 0 MCF | Nov 2023 |
| Good Bull | Gaines County, TX | 566 BBLs | 0 MCF | Jan 2024 |
| Marius | Gaines County, TX | 560 BBLs | 1,539 MCF | Dec 2023 |
| Mayo | Gaines County, TX | 37 BBLs | 0 MCF | Jan 2024 |
| McConal-Clark | Gaines County, TX | 319 BBLs | 0 MCF | Jan 2024 |
| Memnon | Gaines County, TX | 614 BBLs | 456 MCF | Dec 2023 |
| Riders Of Destiny | Gaines County, TX | 346 BBLs | 0 MCF | Jan 2024 |
| Russell L. B | Gaines County, TX | 362 BBLs | 59 MCF | Jan 2024 |
| Scipio | Gaines County, TX | 446 BBLs | 251 MCF | Dec 2023 |
| Shusa | Gaines County, TX | 5,983 BBLs | 10 MCF | Jan 2024 |
| Simpson | Gaines County, TX | 0 BBLs | 0 MCF | Oct 2022 |
| Thompson B | Gaines County, TX | 1,909 BBLs | 0 MCF | Jan 2024 |
| Tiberius | Gaines County, TX | 428 BBLs | 343 MCF | Dec 2023 |
| Typhon | Gaines County, TX | 381 BBLs | 507 MCF | Dec 2023 |
| Winkles | Gaines County, TX | 320 BBLs | 35 MCF | Jan 2024 |
These are the closest 20 companies operating near the Cone property.