Oil and gas leases in Parallel Petroleum LLC

Parallel Petroleum LLC is a Texas operator, Commission number 639028, with 2 leases reporting production across 1 county. 1 of them are oil leases and 1 are gas leases. Between them they carry 3 wellbores. Reported volumes run from July 2011 to August 2026 and come to 54 thousand barrels of oil and 226 thousand 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 LLC

How many oil and gas leases are in Parallel Petroleum LLC?
Parallel Petroleum LLC has 2 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 LLC produced?
Leases in Parallel Petroleum LLC have reported 53,958 barrels of oil (bbl) and 225,916 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2011 and August 2026.
How much are mineral rights in Parallel Petroleum LLC worth?
There is no single figure: what a mineral or royalty interest in Parallel Petroleum LLC is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 2 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

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.