Billy Rae

Oil & Gas Property in Payne County, OK

  2. Oklahoma
  3. Payne County, OK
  4. Oil & Gas Properties in Payne County, OK
  5. Billy Rae Oil & Gas Property

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Property Summary

Key data points for Billy Rae

CountyPayne County, OK
OperatorCONTANGO RESOURCES LLC
Production DatesNov 2015 - Oct 2025
Total Oil Production78,678 BBLs
Total Gas Production279,054 MCF
Recent Oil Production166 BBLs in Oct 2025
Recent Gas Production461 MCF in Oct 2025
Wells on Property4

Our Valuation Estimates for Billy Rae

ShaleAssessment™

Not Available

MarketMultiple™

$17,124 **

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

Based on a decimal interest

Billy Rae Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Billy Rae
from Nov 2015 to Oct 2025

Wells on Billy Rae

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
35-119-24352BILLY RAE 7-19N-02E #1WHCONTANGO RESOURCES LLCActivePayne County, OK36.143317-97.126240
35-119-24358BILLY RAE 6-19N-2E #1MHCONTANGO RESOURCES LLCActivePayne County, OK36.143324-97.126335
35-119-24359BILLY RAE 6-19N-2E #2WHCONTANGO RESOURCES LLCActivePayne County, OK36.143319-97.126132
35-119-24365BILLY RAE 7-19N-2E #1SWDCONTANGO RESOURCES LLCActivePayne County, OK36.143315-97.126448

Leases included in Billy Rae

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
119-216583-0-0000BILLY RAE 6-19N-2ECONTANGO RESOURCES LLCPayne County, OK
119-216748-0-0000BILLY RAE 6-19N-2ECONTANGO RESOURCES LLCPayne County, OK
119-216749-0-0000BILLY RAE 7-19N-2ECONTANGO RESOURCES LLCPayne County, OK

Nearby Properties

These are the closest 20 properties to the Billy Rae property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Ada Ruth 19-18-19N-3ePayne County, OK331 BBLs4,661 MCFOct 2025
Aldean 3Payne County, OK1,193 BBLs28,601 MCFOct 2025
B&W Kole-KadenPayne County, OK180 BBLs13,751 MCFOct 2025
B&W OltmannsPayne County, OK0 BBLs10,221 MCFOct 2025
BerryPayne County, OK0 BBLs0 MCFMay 2025
BoomerPayne County, OK518 BBLs9,147 MCFOct 2025
BoothePayne County, OK0 BBLs0 MCFSep 2025
Cedar Grove 2Payne County, OK0 BBLs0 MCFJun 2025
CookPayne County, OK0 BBLs0 MCFAug 2024
Cooley 24-19N-1ePayne County, OK170 BBLs3,260 MCFOct 2025
FlohrPayne County, OK0 BBLs0 MCFFeb 2019
McMurtry 1-2Noble County, OK0 BBLs0 MCFAug 2025
MyersPayne County, OK0 BBLs0 MCFFeb 2019
Nellie BPayne County, OK0 BBLs0 MCFSep 2003
SarahNoble County, OK0 BBLs0 MCFAug 2025
SchroederPayne County, OK0 BBLs0 MCFSep 2025
StateNoble County, OK0 BBLs677 MCFOct 2025
TelfordPayne County, OK0 BBLs0 MCFSep 2025
WhitmorePayne County, OK0 BBLs0 MCFFeb 2025
Yost 1Payne County, OK0 BBLs0 MCFJun 2025

Companies in the Area

These are the closest 20 companies operating near the Billy Rae property.

Company Name
Berry Operating Company
Blackcat Oil Company
Canvas Energy LLC
Concho Exploration Inc
Contango Resources LLC
Covington Oil Company Inc
Cundiff Jack
Dakota Exploration LLC
Four-O-One Corporation
Heritage Petroleum, Inc.
Imperium Energy Inc
Indian Wells Oil Co
Investment Operating Co
Ketal Oil Producing Company
Kopco Inc
Legend Energy Corporation
Roberson Oil Company
Schuler Oil Properties LLC
Sequoyah Energy Holdings LLC
Wil-MC Oil Corporation The