Oil & Gas Property in Gaines County, TX
Key data points for Cone
| County | Gaines County, TX |
|---|---|
| Operator | PARALLEL PETROLEUM LLC |
| Production Dates | Jan 1993 - Sep 2024 |
| Total Oil Production | 129,400 BBLs |
| Total Gas Production | 22,259 MCF |
| Recent Oil Production | 2 BBLs in Aug 2024 |
| Recent Gas Production | 0 MCF in Aug 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Cone
ShaleAssessment™
$273 *
MarketMultiple™
$540 **
* 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 | 475 BBLs | 488 MCF | Sep 2024 |
| Aurelius | Gaines County, TX | 402 BBLs | 243 MCF | Sep 2024 |
| Bromios | Gaines County, TX | 273 BBLs | 986 MCF | Sep 2024 |
| Carm-Ann San Andres Unit | Gaines County, TX | 4,050 BBLs | 0 MCF | Sep 2024 |
| Colgan St. A | Gaines County, TX | 250 BBLs | 0 MCF | Sep 2024 |
| Elam | Gaines County, TX | 4,721 BBLs | 157 MCF | Sep 2024 |
| Elam (Queen Sand) Unit | Gaines County, TX | 336 BBLs | 0 MCF | Aug 2024 |
| Good Bull | Gaines County, TX | 524 BBLs | 0 MCF | Sep 2024 |
| Marius | Gaines County, TX | 308 BBLs | 1,419 MCF | Sep 2024 |
| Mayo | Gaines County, TX | 31 BBLs | 0 MCF | Sep 2024 |
| McConal-Clark | Gaines County, TX | 718 BBLs | 0 MCF | Sep 2024 |
| Memnon | Gaines County, TX | 350 BBLs | 108 MCF | Sep 2024 |
| Russell L. B | Gaines County, TX | 273 BBLs | 0 MCF | Sep 2024 |
| Scipio | Gaines County, TX | 498 BBLs | 800 MCF | Sep 2024 |
| Shusa | Gaines County, TX | 5,225 BBLs | 815 MCF | Sep 2024 |
| Simpson | Gaines County, TX | 0 BBLs | 0 MCF | Oct 2022 |
| Thompson B | Gaines County, TX | 1,940 BBLs | 0 MCF | Sep 2024 |
| Tiberius | Gaines County, TX | 443 BBLs | 591 MCF | Sep 2024 |
| Typhon | Gaines County, TX | 413 BBLs | 317 MCF | Sep 2024 |
| Winkles | Gaines County, TX | 342 BBLs | 0 MCF | Sep 2024 |
These are the closest 20 companies operating near the Cone property.