Big Jake

Oil & Gas Property in Gaines County, TX

  2. Texas
  3. Gaines County, TX
  4. Oil & Gas Properties in Gaines County, TX
  5. Big Jake Oil & Gas Property

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Property Summary

Key data points for Big Jake

CountyGaines County, TX
OperatorPARALLEL PETROLEUM LLC
Production DatesAug 2016 - Aug 2024
Total Oil Production178,292 BBLs
Total Gas Production83,427 MCF
Recent Oil Production360 BBLs in Jul 2024
Recent Gas Production0 MCF in Jul 2024
Wells on Property1

Our Valuation Estimates for Big Jake

ShaleAssessment™

$27,255 *

MarketMultiple™

$61,940 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Big Jake 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 Big Jake
from Aug 2016 to Aug 2024

Wells on Big Jake

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-38409BIG JAKE 1HPARALLEL PETROLEUM LLCProducingGaines County, TX32.524830-102.661171

Leases included in Big Jake

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8A-70532BIG JAKEPARALLEL PETROLEUM LLCGaines County, TX

Nearby Properties

These are the closest 20 properties to the Big Jake property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlexanderAndrews County, TX0 BBLs0 MCFOct 2022
ApolloGaines County, TX548 BBLs503 MCFAug 2024
AureliusGaines County, TX464 BBLs358 MCFAug 2024
CothesAndrews County, TX1,797 BBLs0 MCFAug 2024
HallAndrews County, TX223 BBLs0 MCFAug 2024
HarrisAndrews County, TX0 BBLs0 MCFJul 2021
Harris Queen UnitAndrews County, TX177 BBLs0 MCFAug 2024
Harris San Andres UnitGaines County, TX15,220 BBLs22 MCFAug 2024
IversonAndrews County, TX756 BBLs0 MCFAug 2024
Jet PilotAndrews County, TX805 BBLs0 MCFAug 2024
Jordan, AAndrews County, TX20 BBLs0 MCFAug 2024
PallasAndrews County, TX847 BBLs1,087 MCFAug 2024
ScipioGaines County, TX433 BBLs237 MCFAug 2024
ShortesAndrews County, TX544 BBLs0 MCFAug 2024
SimpsonGaines County, TX0 BBLs0 MCFOct 2022
TetensGaines County, TX1,855 BBLs67 MCFAug 2024
TheaAndrews County, TX325 BBLs997 MCFAug 2024
TiberiusGaines County, TX351 BBLs569 MCFAug 2024
True GritAndrews County, TX539 BBLs0 MCFAug 2024
TyphonGaines County, TX333 BBLs323 MCFAug 2024

Companies in the Area

These are the closest 20 companies operating near the Big Jake property.

Company Name
Aroc (Texas) Inc
Bald Eagle Operating Inc.
Coastal Oil & Gas Corporation
Extex Operating Company
Free Rein Operating LLC
Grasha, Matthew P.
Jetta Operating Company Inc
Lynx Energy Company, Inc.
Lynx Operating Co., Inc.
Meridian Exploration Corp.
Parallel Petroleum LLC
Petex
Ring Energy, Inc.
Sabinal Energy Operating, LLC
Shell Western E&P Inc.
Texaco E & P Inc
Thompson, J. Cleo
Vin Fisher Operating, Inc.
Wood, McShane & Thams
Zarvona Energy LLC

Owners of Big Jake

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PARALLEL PETROLEUM LLCBIG JAKE 1HPARALLEL PETRO
2024ZPZ DELAWARE I LLCBIG JAKE 1HPARALLEL PETRO
2024FMH FOUNDATION OIL/GASBIG JAKE 1HPARALLEL PETRO
2024PRICE JOE D LLCBIG JAKE 1HPARALLEL PETRO
2024JORDAN AUGUSTA S/S/PBIG JAKE 1HPARALLEL PETRO
2024KELLOGG HOLDINGS LTDBIG JAKE 1HPARALLEL PETRO
2024FERSTLER HOLDINGS LPBIG JAKE 1HPARALLEL PETRO
2024HALL-FREE ENERGY INVESTMENTS LLCBIG JAKE 1HPARALLEL PETRO
Displaying 8 of 156 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Big Jake

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-70532BIG JAKEAug 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJul 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJun 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEMay 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEApr 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEMar 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEFeb 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEFeb 2024DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJan 2024PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJan 2024DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEDec 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEDec 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKENov 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKENov 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEOct 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEOct 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKESep 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKESep 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEAug 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEAug 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJul 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJul 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJun 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC
8A-70532BIG JAKEJun 2023PHILLIPS 66 COMPANYPARALLEL PETROLEUM LLC
8A-70532BIG JAKEMay 2023DCP OPERATING COMPANY, LPPARALLEL PETROLEUM LLC