Wedel

Oil & Gas Property in Payne County, OK

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

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Property Summary

Key data points for Wedel

CountyPayne County, OK
OperatorCONTANGO RESOURCES LLC
Production DatesNov 2013 - Oct 2025
Total Oil Production253,522 BBLs
Total Gas Production1,577,517 MCF
Recent Oil Production489 BBLs in Oct 2025
Recent Gas Production4,765 MCF in Oct 2025
Wells on Property3

Our Valuation Estimates for Wedel

ShaleAssessment™

Not Available

MarketMultiple™

$54,608 **

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

Based on a decimal interest

Wedel Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Wedel
from Nov 2013 to Oct 2025

Wells on Wedel

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
35-119-24124WEDEL #29-1WXCONTANGO RESOURCES LLCActivePayne County, OK36.087670-97.014599
35-119-24168WEDEL #28-1WXCONTANGO RESOURCES LLCActivePayne County, OK36.086591-96.992649
35-119-24303WEDEL 29-20-19N-3E #2WHCONTANGO RESOURCES LLCActivePayne County, OK36.087704-97.014559

Leases included in Wedel

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
119-212315-0-0000WEDELCONTANGO RESOURCES LLCPayne County, OK
119-212638-0-0000WEDELCONTANGO RESOURCES LLCPayne County, OK
119-215569-0-0000WEDEL 29-20-19N-3ECONTANGO RESOURCES LLCPayne County, OK

Nearby Properties

These are the closest 20 properties to the Wedel property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Ada Ruth 19-18-19N-3ePayne County, OK331 BBLs4,661 MCFOct 2025
AdamsPayne County, OK0 BBLs0 MCFMar 2024
CaldwellPayne County, OK334 BBLs293 MCFOct 2025
CombsPayne County, OK0 BBLs784 MCFOct 2025
EllenPayne County, OK0 BBLs0 MCFNov 2017
FriedemannPayne County, OK324 BBLs4,044 MCFOct 2025
HolsteinPayne County, OK89 BBLs667 MCFOct 2025
JardotPayne County, OK1,343 BBLs5,910 MCFOct 2025
JoycePayne County, OK163 BBLs2,053 MCFOct 2025
KatzPayne County, OK1,154 BBLs2,712 MCFOct 2025
LinsenmeyerPayne County, OK0 BBLs1,931 MCFOct 2025
MyersPayne County, OK0 BBLs0 MCFJun 2021
SchroederPayne County, OK314 BBLs5,546 MCFOct 2025
ShivelyPayne County, OK168 BBLs0 MCFOct 2025
ShrevePayne County, OK0 BBLs0 MCFJul 2019
StatePayne County, OK0 BBLs216 MCFOct 2025
StillwaterPayne County, OK311 BBLs2,630 MCFOct 2025
TelfordPayne County, OK0 BBLs0 MCFSep 2025
ThomasPayne County, OK0 BBLs0 MCFFeb 2025
Woodall Exchange 1-18N-2ePayne County, OK0 BBLs2,184 MCFOct 2025

Companies in the Area

These are the closest 20 companies operating near the Wedel property.

Company Name
Advent Oil & Operating Inc
Berry Operating Company
Contango Resources LLC
Eason Oil Company
G & C Petroleum Inc
Helton Oil Company
Heritage Petroleum, Inc.
Ketal Oil Producing Company
Kopco Inc
Lapetco Inc
Larry Wolff Dba Wolff'S Oilfield Service
M M Energy Inc
Oil Production Systems Inc
Pelto Oil Company
Pepin Operating Company Inc
Presley Operating LLC
Presley Petroleum Company
Roberson Oil Company
Truevine Operating LLC
Veenker Resources Inc