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 - Jun 2025
Total Oil Production78,179 BBLs
Total Gas Production277,176 MCF
Recent Oil Production170 BBLs in Jun 2025
Recent Gas Production468 MCF in Jun 2025
Wells on Property4

Our Valuation Estimates for Billy Rae

ShaleAssessment

Not Available

MarketMultiple

$14,931 **

* 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 Jun 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, OK428 BBLs2,997 MCFJun 2025
Aldean 3Payne County, OK1,160 BBLs28,201 MCFJun 2025
B&W Kole-KadenPayne County, OK170 BBLs13,449 MCFJun 2025
BerryPayne County, OK0 BBLs0 MCFMay 2025
BoomerPayne County, OK1,018 BBLs11,428 MCFJun 2025
BoothePayne County, OK0 BBLs0 MCFApr 2025
Cedar Grove 2Payne County, OK0 BBLs730 MCFJun 2025
CookPayne County, OK0 BBLs0 MCFAug 2024
Cooley 24-19N-1ePayne County, OK169 BBLs2,900 MCFJun 2025
FlohrPayne County, OK0 BBLs0 MCFFeb 2019
McMurtry 1-2Noble County, OK171 BBLs0 MCFJun 2025
MyersPayne County, OK0 BBLs0 MCFFeb 2019
Nellie BPayne County, OK0 BBLs0 MCFSep 2003
SarahNoble County, OK0 BBLs0 MCFMay 2025
SchroederPayne County, OK0 BBLs0 MCFMay 2025
StateNoble County, OK172 BBLs0 MCFJun 2025
TelfordPayne County, OK0 BBLs0 MCFMar 2025
WhitmorePayne County, OK0 BBLs0 MCFFeb 2025
WisemanNoble County, OK28 BBLs599 MCFJul 2025
Yost 1Payne County, OK0 BBLs43 MCFJun 2025