Billy Rae

Oil & Gas Property in Payne County, OK

Property Summary

Key data points for Billy Rae

CountyPayne County, OK
OperatorCONTANGO RESOURCES LLC
Production DatesNov 2015 - Aug 2025
Total Oil Production78,347 BBLs
Total Gas Production278,136 MCF
Recent Oil Production168 BBLs in Aug 2025
Recent Gas Production471 MCF in Aug 2025
Wells on Property4

Our Valuation Estimates for Billy Rae

ShaleAssessment

Not Available

MarketMultiple

$15,011 **

* 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 Aug 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
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B&W OltmannsPayne County, OK0 BBLs12,531 MCFAug 2025
BerryPayne County, OK0 BBLs0 MCFMay 2025
BoomerPayne County, OK854 BBLs11,961 MCFAug 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, OK0 BBLs2,772 MCFAug 2025
FlohrPayne County, OK0 BBLs0 MCFFeb 2019
McMurtry 1-2Noble County, OK167 BBLs432 MCFAug 2025
MyersPayne County, OK0 BBLs0 MCFFeb 2019
Nellie BPayne County, OK0 BBLs0 MCFSep 2003
SarahNoble County, OK176 BBLs0 MCFAug 2025
SchroederPayne County, OK0 BBLs0 MCFJul 2025
StateNoble County, OK0 BBLs1,575 MCFAug 2025
TelfordPayne County, OK0 BBLs0 MCFSep 2025
WhitmorePayne County, OK0 BBLs0 MCFFeb 2025
WisemanNoble County, OK187 BBLs1,436 MCFSep 2025
Yost 1Payne County, OK0 BBLs0 MCFJun 2025