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 - May 2025
Total Oil Production78,009 BBLs
Total Gas Production276,708 MCF
Recent Oil Production178 BBLs in May 2025
Recent Gas Production502 MCF in May 2025
Wells on Property4

Our Valuation Estimates for Billy Rae

ShaleAssessment

Not Available

MarketMultiple

$15,058 **

* 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 May 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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Cedar Grove 2Payne County, OK160 BBLs1,145 MCFJun 2025
CookPayne County, OK0 BBLs0 MCFAug 2024
Cooley 24-19N-1ePayne County, OK334 BBLs3,079 MCFMay 2025
FlohrPayne County, OK0 BBLs0 MCFFeb 2019
McMurtry 1-2Noble County, OK0 BBLs1,741 MCFMay 2025
MyersPayne County, OK0 BBLs0 MCFFeb 2019
Nellie BPayne County, OK0 BBLs0 MCFSep 2003
SarahNoble County, OK171 BBLs0 MCFMay 2025
SchroederPayne County, OK170 BBLs0 MCFMay 2025
StateNoble County, OK0 BBLs1,669 MCFMay 2025
TelfordPayne County, OK0 BBLs0 MCFMar 2025
Teresa 3Payne County, OK0 BBLs0 MCFJan 2016
WhitmorePayne County, OK0 BBLs0 MCFFeb 2025
WisemanNoble County, OK271 BBLs692 MCFJun 2025
Yost 1Payne County, OK0 BBLs208 MCFJun 2025