Cone

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Cone

County,
OperatorPARALLEL PETROLEUM LLC
Production DatesJan 1993 - Feb 2025
Total Oil Production129,450 BBLs
Total Gas Production22,259 MCF
Recent Oil Production14 BBLs in Jan 2025
Recent Gas Production0 MCF in Jan 2025
Wells on Property3

Our Valuation Estimates for Cone

ShaleAssessment

$256 *

MarketMultiple

$692 **

* 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 Feb 2025

Wells on Cone

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,

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, TX439 BBLs365 MCFFeb 2025
AureliusGaines County, TX406 BBLs305 MCFFeb 2025
Carm-Ann San Andres UnitGaines County, TX5,852 BBLs0 MCFFeb 2025
Colgan St. AGaines County, TX464 BBLs0 MCFFeb 2025
CupidGaines County, TX286 BBLs446 MCFFeb 2025
ElamGaines County, TX4,907 BBLs146 MCFFeb 2025
Elam (Queen Sand) UnitGaines County, TX0 BBLs0 MCFOct 2024
Good BullGaines County, TX712 BBLs0 MCFFeb 2025
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
MarsGaines County, TX0 BBLs0 MCFMar 2024
MayoGaines County, TX32 BBLs0 MCFFeb 2025
McConal-ClarkGaines County, TX876 BBLs0 MCFFeb 2025
MeropeGaines County, TX0 BBLs0 MCFApr 2019
Russell L. BGaines County, TX321 BBLs0 MCFFeb 2025
ScipioGaines County, TX425 BBLs401 MCFFeb 2025
ShusaGaines County, TX4,435 BBLs0 MCFFeb 2025
SimpsonGaines County, TX0 BBLs0 MCFOct 2022
Thompson BGaines County, TX1,408 BBLs0 MCFFeb 2025
TiberiusGaines County, TX444 BBLs424 MCFFeb 2025
WinklesGaines County, TX348 BBLs0 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Cone property.

Company Name

Owners of Cone

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PARALLEL PETROLEUM LLCCONEPARALLEL PETRO
2024MABEE J E & L E FOUNDATION INCCONEPARALLEL PETRO
2024WILLIAMS TRUST FBO MMPCONEPARALLEL PETRO

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