Payne

Oil & Gas Property in Madison County, TX

  2. Texas
  3. Madison County, TX
  4. Oil & Gas Properties in Madison County, TX
  5. Payne Oil & Gas Property

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Property Summary

Key data points for Payne

CountyMadison County, TX
Production DatesJan 1993 - Jan 2024
Total Oil Production840,514 BBLs
Total Gas Production3,086,244 MCF
Recent Oil Production898 BBLs in Dec 2023
Recent Gas Production6,651 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Payne

ShaleAssessment™

$139,003 *

MarketMultiple™

$168,757 **

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

Based on a decimal interest

Payne Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Payne
from Jan 1993 to Jan 2024

Wells on Payne

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-313-30260PAYNE W.W. 2FAULCONER ENERGY, LLCProducingMadison County, TX30.881034-96.062916
42-313-80193PAYNE, W. W. GAS UNIT 1FLYING DIAMOND OIL CORPORATIONGas WellMadison County, TX30.882984-96.071721

Leases included in Payne

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-087397PAYNE W.W. 2FAULCONER ENERGY, LLCMadison County, TX
03-26067PAYNE UNIT AContango Resources, LLCMadison County, TX
03-26168PAYNE UNIT BContango Resources, LLCMadison County, TX

Operators Associated With Payne

Nearby Properties

These are the closest 20 properties to the Payne property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Andrews-Zulch (Allocation)Madison County, TX1,496 BBLs198 MCFJan 2024
Big InchMadison County, TX8 BBLs697 MCFJan 2024
Boozer NellieMadison County, TX8 BBLs278 MCFJan 2024
Crow Gas UnitMadison County, TX0 BBLs2,073 MCFJan 2024
Crow Unit AMadison County, TX407 BBLs833 MCFJan 2024
Grace HallMadison County, TX1,010 BBLs3,402 MCFJan 2024
HallMadison County, TX8 BBLs1,498 MCFJan 2024
Hall GraceMadison County, TX0 BBLs2,780 MCFJan 2024
HarrisonMadison County, TX593 BBLs6,221 MCFJan 2024
HopperMadison County, TX401 BBLs152 MCFJan 2024
HuttoMadison County, TX430 BBLs337 MCFJan 2024
KankeyMadison County, TX247 BBLs866 MCFJan 2024
Lang JamesMadison County, TX8 BBLs1,421 MCFJan 2024
McGillMadison County, TX1,167 BBLs4,207 MCFJan 2024
McWhorterMadison County, TX14 BBLs758 MCFJan 2024
MosleyMadison County, TX284 BBLs2,605 MCFJan 2024
Nevill-Mosley (Allocation) UnitMadison County, TX352 BBLs2,354 MCFJan 2024
Raider (Allocation)Madison County, TX326 BBLs300 MCFJan 2024
WinchesterMadison County, TX463 BBLs288 MCFJan 2024
Zulch, SallyMadison County, TX8 BBLs1,037 MCFJan 2024

Companies in the Area

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

Company Name
A & P Oil & Gas
Cago, Inc.
Challenge Operating Inc
CML Exploration, LLC
Contango Resources LLC
Crimson Exploration Oper., Inc.
Devon Energy Production Company LP
Edwards Petroleum Company
Faulconer Energy, LLC
Faulconer Vernon E Inc
Golden Monet, Inc.
Lapco Oil & Gas Company
MD America Energy, LLC
Mitchell Energy Corp
Newstar Energy Of Texas L.L.C.
Parten Operating Inc.
Promise Energy Operations, LLC
Trailblazer Energy Resources, LLC
Wildfire Energy Operating LLC
Zingara Grimes, LLC

Owners of Payne

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023CONTANGO RESOURCES LLC (WI)PAYNE UNIT B (1H)(2H)CONTANGO RESOURCES
2023HILCORP ENERGY I LPPAYNE UNIT B (1H)(2H)CONTANGO RESOURCES
2023CONTANGO RESOURCES LLC (WI)PAYNE UNIT -A- (1H)(2H)CONTANGO RESOURCES
2023PAYNE W W TESTMNTRY TRSTPAYNE UNIT B (1H)(2H)CONTANGO RESOURCES
2023KLEB KEVINPAYNE UNIT B (1H)(2H)CONTANGO RESOURCES
2023AUDUBON EXPLORATION LLCPAYNE UNIT B (1H)(2H)CONTANGO RESOURCES
2023COHN CONNIE IRENE MCNAIRPAYNE UNIT B (1H)(2H)CONTANGO RESOURCES
2023WALTERS DWAYNE PPAYNE UNIT B (1H)(2H)CONTANGO RESOURCES
Displaying 8 of 193 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Payne

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-087397PAYNE W.W. 2Nov 2023FAULCONER ENERGY, LLC
03-087397PAYNE W.W. 2Nov 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
03-26067PAYNE UNIT ANov 2023ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
03-26168PAYNE UNIT BNov 2023ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
03-087397PAYNE W.W. 2Oct 2023FAULCONER ENERGY, LLC
03-087397PAYNE W.W. 2Oct 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
03-26067PAYNE UNIT AOct 2023ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
03-26168PAYNE UNIT BOct 2023ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
03-087397PAYNE W.W. 2Sep 2023FAULCONER ENERGY, LLC
03-087397PAYNE W.W. 2Sep 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
03-26067PAYNE UNIT ASep 2023ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
03-26168PAYNE UNIT BSep 2023ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
03-087397PAYNE W.W. 2Aug 2023FAULCONER ENERGY, LLC
03-087397PAYNE W.W. 2Aug 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
03-26067PAYNE UNIT AAug 2023ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
03-26168PAYNE UNIT BAug 2023ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
03-087397PAYNE W.W. 2Jul 2023FAULCONER ENERGY, LLC
03-087397PAYNE W.W. 2Jul 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
03-26067PAYNE UNIT AJul 2023ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
03-26168PAYNE UNIT BJul 2023ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
03-087397PAYNE W.W. 2Jun 2023FAULCONER ENERGY, LLC
03-087397PAYNE W.W. 2Jun 2023FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
03-26067PAYNE UNIT AJun 2023ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
03-26168PAYNE UNIT BJun 2023ENERGY TRANSFER CRUDE MARKETING LLCCONTANGO RESOURCES, LLC
03-087397PAYNE W.W. 2May 2023FAULCONER ENERGY, LLC