Oil & Gas Property in Gaines County, TX
Key data points for Cone
| County | Gaines County, TX |
|---|---|
| Operator | PARALLEL PETROLEUM LLC |
| Production Dates | Jan 1993 - Jan 2025 |
| Total Oil Production | 129,439 BBLs |
| Total Gas Production | 22,259 MCF |
| Recent Oil Production | 2 BBLs in Dec 2024 |
| Recent Gas Production | 0 MCF in Dec 2024 |
| Wells on Property | 3 |
Our Valuation Estimates for Cone
ShaleAssessment™
$259 *
MarketMultiple™
$591 **
* 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 | 565 BBLs | 317 MCF | Jan 2025 |
| Aurelius | Gaines County, TX | 622 BBLs | 299 MCF | Jan 2025 |
| Carm-Ann San Andres Unit | Gaines County, TX | 4,770 BBLs | 0 MCF | Jan 2025 |
| Colgan St. A | Gaines County, TX | 131 BBLs | 0 MCF | Jan 2025 |
| Elam | Gaines County, TX | 4,291 BBLs | 142 MCF | Jan 2025 |
| Elam (Queen Sand) Unit | Gaines County, TX | 0 BBLs | 0 MCF | Oct 2024 |
| Good Bull | Gaines County, TX | 512 BBLs | 0 MCF | Jan 2025 |
| Marius | Gaines County, TX | 396 BBLs | 1,230 MCF | Jan 2025 |
| Mayo | Gaines County, TX | 38 BBLs | 0 MCF | Jan 2025 |
| McConal-Clark | Gaines County, TX | 833 BBLs | 0 MCF | Jan 2025 |
| Memnon | Gaines County, TX | 338 BBLs | 55 MCF | Jan 2025 |
| Merope | Gaines County, TX | 0 BBLs | 0 MCF | Apr 2019 |
| Russell L. B | Gaines County, TX | 316 BBLs | 109 MCF | Jan 2025 |
| Scipio | Gaines County, TX | 284 BBLs | 319 MCF | Jan 2025 |
| Shusa | Gaines County, TX | 5,064 BBLs | 0 MCF | Jan 2025 |
| Simpson | Gaines County, TX | 0 BBLs | 0 MCF | Oct 2022 |
| Thompson B | Gaines County, TX | 1,693 BBLs | 0 MCF | Jan 2025 |
| Tiberius | Gaines County, TX | 479 BBLs | 355 MCF | Jan 2025 |
| Typhon | Gaines County, TX | 448 BBLs | 328 MCF | Jan 2025 |
| Winkles | Gaines County, TX | 380 BBLs | 66 MCF | Jan 2025 |
These are the closest 20 companies operating near the Cone property.