Cone

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Cone

CountyGaines County, TX
OperatorPARALLEL PETROLEUM LLC
Production DatesJan 1993 - Nov 2025
Total Oil Production129,490 BBLs
Total Gas Production22,259 MCF
Recent Oil Production2 BBLs in Oct 2025
Recent Gas Production0 MCF in Oct 2025
Wells on Property3

Our Valuation Estimates for Cone

ShaleAssessment

$229 *

MarketMultiple

$432 **

* 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
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to oil and gas production for Cone
from Jan 1993 to Nov 2025

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, TX548 BBLs1,300 MCFNov 2025
AureliusGaines County, TX256 BBLs840 MCFNov 2025
BromiosGaines County, TX306 BBLs1,220 MCFNov 2025
Carm-Ann San Andres UnitGaines County, TX6,194 BBLs0 MCFNov 2025
Colgan St. AGaines County, TX300 BBLs0 MCFNov 2025
ElamGaines County, TX4,562 BBLs186 MCFNov 2025
Elam (Queen Sand) UnitGaines County, TX73 BBLs0 MCFNov 2025
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
MarsGaines County, TX0 BBLs0 MCFMar 2024
MayoGaines County, TX32 BBLs0 MCFNov 2025
McConal-ClarkGaines County, TX624 BBLs0 MCFNov 2025
MeropeGaines County, TX0 BBLs0 MCFApr 2019
Russell L. BGaines County, TX345 BBLs0 MCFNov 2025
ScipioGaines County, TX309 BBLs541 MCFNov 2025
ShusaGaines County, TX4,943 BBLs0 MCFNov 2025
SimpsonGaines County, TX0 BBLs0 MCFOct 2022
Thompson BGaines County, TX1,728 BBLs0 MCFNov 2025
TiberiusGaines County, TX379 BBLs643 MCFNov 2025
TyphonGaines County, TX218 BBLs812 MCFNov 2025
WinklesGaines County, TX352 BBLs0 MCFNov 2025

Owners of Cone

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PARALLEL PETROLEUM LLCCONEPARALLEL PETRO
2025MABEE J E & L E FOUNDATION INCCONEPARALLEL PETRO
2025POPS MINERALS LLCCONEPARALLEL PETRO
2025MARY HELEN ENERGY LLCCONEPARALLEL PETRO
2025SANDQUIST CAROL 1995 TRUSTCONEPARALLEL PETRO
2025WILLIAMS TRUST FBO MMPCONEPARALLEL PETRO
2025BLESSED INCOME LLCCONEPARALLEL PETRO
2025YEAGER RESOURCES LTDCONEPARALLEL 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