Oil & Gas Property in Gaines County, TX
Key data points for Cone
| County | Gaines County, TX |
|---|---|
| Operator | PARALLEL PETROLEUM LLC |
| Production Dates | Jan 1993 - Mar 2026 |
| Total Oil Production | 129,505 BBLs |
| Total Gas Production | 22,259 MCF |
| Recent Oil Production | 2 BBLs in Feb 2026 |
| Recent Gas Production | 0 MCF in Feb 2026 |
| Wells on Property | 3 |
Our Valuation Estimates for Cone
ShaleAssessment™
$219 *
MarketMultiple™
$405 **
* 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 |
|---|---|---|---|---|
| Alexander | Andrews County, TX | 0 BBLs | 0 MCF | Dec 2025 |
| Apollo | Gaines County, TX | 330 BBLs | 1,446 MCF | Mar 2026 |
| Carm-Ann San Andres Unit | Gaines County, TX | 5,503 BBLs | 0 MCF | Mar 2026 |
| Colgan St. A | Gaines County, TX | 297 BBLs | 0 MCF | Mar 2026 |
| Cupid | Gaines County, TX | 381 BBLs | 520 MCF | Mar 2026 |
| E. C. M. Lease | Gaines County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| Elam | Gaines County, TX | 1,968 BBLs | 168 MCF | Mar 2026 |
| Elam (Queen Sand) Unit | Gaines County, TX | 0 BBLs | 0 MCF | Nov 2025 |
| Harris | Andrews County, TX | 0 BBLs | 0 MCF | Jul 2021 |
| Lucky Texan | Andrews County, TX | 759 BBLs | 0 MCF | Mar 2026 |
| Mars | Gaines County, TX | 0 BBLs | 0 MCF | Mar 2024 |
| Mayo | Gaines County, TX | 32 BBLs | 0 MCF | Mar 2026 |
| McConal-Clark | Gaines County, TX | 506 BBLs | 0 MCF | Mar 2026 |
| Merope | Gaines County, TX | 0 BBLs | 0 MCF | Apr 2019 |
| Russell L. B | Gaines County, TX | 368 BBLs | 0 MCF | Mar 2026 |
| Shusa | Gaines County, TX | 4,255 BBLs | 0 MCF | Mar 2026 |
| Simpson | Gaines County, TX | 0 BBLs | 0 MCF | Dec 2025 |
| South Harris Unit | Gaines County, TX | 3,761 BBLs | 419 MCF | Mar 2026 |
| Thompson B | Gaines County, TX | 1,566 BBLs | 0 MCF | Mar 2026 |
| Winkles | Gaines County, TX | 380 BBLs | 0 MCF | Mar 2026 |
These are the closest 20 companies operating near the Cone property.