Oil & Gas Property in Gaines County, TX
Key data points for Cone
| County | Gaines County, TX |
|---|---|
| Operator | PARALLEL PETROLEUM LLC |
| Production Dates | Jan 1993 - Jun 2025 |
| Total Oil Production | 129,470 BBLs |
| Total Gas Production | 22,259 MCF |
| Recent Oil Production | 4 BBLs in May 2025 |
| Recent Gas Production | 0 MCF in May 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Cone
ShaleAssessment™
$245 *
MarketMultiple™
$1,019 **
* 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 | 668 BBLs | 411 MCF | May 2025 |
| Bromios | Gaines County, TX | 332 BBLs | 847 MCF | May 2025 |
| Carm-Ann San Andres Unit | Gaines County, TX | 4,962 BBLs | 0 MCF | Jun 2025 |
| Colgan St. A | Gaines County, TX | 300 BBLs | 0 MCF | Jun 2025 |
| Cupid | Gaines County, TX | 402 BBLs | 338 MCF | May 2025 |
| Elam | Gaines County, TX | 4,270 BBLs | 151 MCF | Jun 2025 |
| Elam (Queen Sand) Unit | Gaines County, TX | 116 BBLs | 0 MCF | Jun 2025 |
| Good Bull | Gaines County, TX | 446 BBLs | 0 MCF | Jun 2025 |
| Harris | Andrews County, TX | 0 BBLs | 0 MCF | Jul 2021 |
| Mars | Gaines County, TX | 0 BBLs | 0 MCF | Mar 2024 |
| Mayo | Gaines County, TX | 28 BBLs | 0 MCF | Jun 2025 |
| McConal-Clark | Gaines County, TX | 508 BBLs | 0 MCF | Jun 2025 |
| Merope | Gaines County, TX | 0 BBLs | 0 MCF | Apr 2019 |
| Russell L. B | Gaines County, TX | 81 BBLs | 0 MCF | Jun 2025 |
| Scipio | Gaines County, TX | 416 BBLs | 361 MCF | May 2025 |
| Shusa | Gaines County, TX | 4,960 BBLs | 0 MCF | Jun 2025 |
| Simpson | Gaines County, TX | 0 BBLs | 0 MCF | Oct 2022 |
| Thompson B | Gaines County, TX | 901 BBLs | 0 MCF | Jun 2025 |
| Tiberius | Gaines County, TX | 482 BBLs | 372 MCF | May 2025 |
| Winkles | Gaines County, TX | 384 BBLs | 0 MCF | Jun 2025 |
These are the closest 20 companies operating near the Cone property.