Oil and gas leases in Parallel Petroleum Corporation

Parallel Petroleum Corporation is a Texas operator, Commission number 639025, with 51 leases reporting production across 11 counties. 21 of them are oil leases and 30 are gas leases. Between them they carry 184 wellbores. Reported volumes run from January 1993 to August 2026 and come to 1.8 million barrels of oil and 19.8 million Mcf of gas. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about Parallel Petroleum Corporation

How many oil and gas leases are in Parallel Petroleum Corporation?
Parallel Petroleum Corporation has 51 oil and gas leases with production reported to the Railroad Commission of Texas, as of August 2026.
How much oil and gas has Parallel Petroleum Corporation produced?
Leases in Parallel Petroleum Corporation have reported 1,839,296 barrels of oil (bbl) and 19,818,441 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026.
How much are mineral rights in Parallel Petroleum Corporation worth?
There is no single figure: what a mineral or royalty interest in Parallel Petroleum Corporation is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 51 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Counties here

Railroad Commission districts

Leases

  • YENDREY — gas, Parallel Petroleum Corporation, Jackson County, 6.2 million reported
  • MCLEOD GAS UNIT — gas, Parallel Petroleum Corporation, Jackson County, 2.3 million reported
  • GIESECKE, A. ET AL — gas, Parallel Petroleum Corporation, Pecos County, 1.7 million reported
  • GIESECKE, A. ET AL — gas, Parallel Petroleum Corporation, Pecos County, 1.2 million reported
  • PAGE D — gas, Parallel Petroleum Corporation, Schleicher County, 865 thousand reported
  • PAGE BROTHERS — gas, Parallel Petroleum Corporation, Schleicher County, 787 thousand reported
  • PAGE E — gas, Parallel Petroleum Corporation, Schleicher County, 755 thousand reported
  • MILLAR, L. H. ET AL — gas, Parallel Petroleum Corporation, Pecos County, 745 thousand reported
  • PAGE D — gas, Parallel Petroleum Corporation, Schleicher County, 699 thousand reported
  • PAGE E — gas, Parallel Petroleum Corporation, Schleicher County, 694 thousand reported
  • WRIGHT — gas, Parallel Petroleum Corporation, Hemphill County, 648 thousand reported
  • GRACIE -121- — gas, Parallel Petroleum Corporation, Hemphill County, 529 thousand reported
  • WRIGHT — gas, Parallel Petroleum Corporation, Hemphill County, 408 thousand reported
  • CORNING LOUDAMY -29- — oil, Parallel Petroleum Corporation, Howard County, 376 thousand reported
  • PAGE D — gas, Parallel Petroleum Corporation, Schleicher County, 362 thousand reported
  • MCLEOD GAS UNIT — gas, Parallel Petroleum Corporation, Jackson County, 334 thousand reported
  • WORLD WEST STRAWN UNIT — oil, Parallel Petroleum Corporation, Crockett County, 288 thousand reported
  • KOY-B — gas, Parallel Petroleum Corporation, Schleicher County, 282 thousand reported
  • PAGE UNIT — oil, Parallel Petroleum Corporation, Schleicher County, 229 thousand reported
  • HAMLIN "16" — oil, Parallel Petroleum Corporation, Howard County, 218 thousand reported
  • COURSON — gas, Parallel Petroleum Corporation, Ochiltree County, 214 thousand reported
  • WRIGHT, JOHN T. SEC. -116- — gas, Parallel Petroleum Corporation, Hemphill County, 202 thousand reported
  • WRIGHT — gas, Parallel Petroleum Corporation, Hemphill County, 189 thousand reported
  • KOY C — gas, Parallel Petroleum Corporation, Schleicher County, 165 thousand reported
  • WRIGHT — gas, Parallel Petroleum Corporation, Hemphill County, 161 thousand reported
  • HULLDALE /PENN REEF UNIT/ — oil, Parallel Petroleum Corporation, Schleicher County, 145 thousand reported
  • MCILVAIN, EDITH — oil, Parallel Petroleum Corporation, Pecos County, 133 thousand reported
  • KOY A — gas, Parallel Petroleum Corporation, Schleicher County, 125 thousand reported
  • GRACIE -121- — gas, Parallel Petroleum Corporation, Hemphill County, 114 thousand reported
  • KOY UNIT — oil, Parallel Petroleum Corporation, Schleicher County, 114 thousand reported
  • NORET-JONES — oil, Parallel Petroleum Corporation, Howard County, 93 thousand reported
  • SCHUELKE "28" — oil, Parallel Petroleum Corporation, Howard County, 89 thousand reported
  • PAGE, J. A. ET AL — gas, Parallel Petroleum Corporation, Schleicher County, 69 thousand reported
  • CLINE — oil, Parallel Petroleum Corporation, Dawson County, 68 thousand reported
  • PHILLIPS UNIT — oil, Parallel Petroleum Corporation, Howard County, 47 thousand reported
  • PAGE J — gas, Parallel Petroleum Corporation, Schleicher County, 39 thousand reported
  • GIESECKE, A. ET AL — gas, Parallel Petroleum Corporation, Pecos County, 34 thousand reported
  • PAGE E — gas, Parallel Petroleum Corporation, Schleicher County, 21 thousand reported
  • HULLDALE PENN REEF UNIT — oil, Parallel Petroleum Corporation, Schleicher County, 18 thousand reported
  • PAGE — gas, Parallel Petroleum Corporation, Schleicher County, 14 thousand reported
  • GIESECKE — gas, Parallel Petroleum Corporation, Pecos County, 10 thousand reported
  • GIESECKE, A. ET AL — gas, Parallel Petroleum Corporation, Pecos County, 9 thousand reported
  • FLANAGAN — oil, Parallel Petroleum Corporation, Glasscock County, 6 thousand reported
  • HAMLIN "22" — oil, Parallel Petroleum Corporation, Howard County, 5 thousand reported
  • GRACIE 117 — oil, Parallel Petroleum Corporation, Hemphill County, 4 thousand reported
  • MCNEW — oil, Parallel Petroleum Corporation, Howard County, 3 thousand reported
  • FLORENCE — oil, Parallel Petroleum Corporation, Andrews County, 3 thousand reported
  • GIESECKE A. ET AL — oil, Parallel Petroleum Corporation, Pecos County, 1 thousand reported
  • BIG BAD — oil, Parallel Petroleum Corporation, Howard County, 589 reported
  • HUNT — oil, Parallel Petroleum Corporation, Gaines County, 401 reported
  • OHARROW CANYON UNIT — oil, Parallel Petroleum Corporation, Schleicher County, 33 reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.