Payne Ranch

Oil & Gas Property in Montague County, TX

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

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Property Summary

Key data points for Payne Ranch

CountyMontague County, TX
Production DatesOct 2007 - Mar 2026
Total Oil Production96,032 BBLs
Total Gas Production1,313,744 MCF
Recent Oil Production67 BBLs in Feb 2026
Recent Gas Production1,927 MCF in Feb 2026
Wells on Property3

Our Valuation Estimates for Payne Ranch

ShaleAssessment™

$12,635 *

MarketMultiple™

$28,046 **

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

Based on a decimal interest

Payne Ranch Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Payne Ranch
from Oct 2007 to Mar 2026

Wells on Payne Ranch

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-337-33915PAYNE RANCH 1HOSBORN,W.B. OIL & GAS OPERATIONSHorizontal Well Surface LocatioMontague County, TX33.682629-97.536529
42-337-34820PAYNE RANCH 2HEOG RESOURCES, INC.ProducingMontague County, TX33.678687-97.540237
42-337-34821PAYNE RANCH 3HEOG RESOURCES, INC.ProducingMontague County, TX33.678639-97.540293

Leases included in Payne Ranch

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-269409PAYNE RANCH 2HEOG RESOURCES, INC.Montague County, TX
09-269414PAYNE RANCH 3HEOG RESOURCES, INC.Montague County, TX
09-283320PAYNE RANCH 1HEOG RESOURCES, INC.Montague County, TX
09-30921PAYNE RANCHEOG RESOURCES, INC.Montague County, TX

Operators Associated With Payne Ranch

Nearby Properties

These are the closest 20 properties to the Payne Ranch property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CrumpMontague County, TX60 BBLs1,868 MCFMar 2026
Crump-Lucas UnitMontague County, TX70 BBLs6,413 MCFMar 2026
EmbryMontague County, TX55 BBLs9 MCFMar 2026
FieldsMontague County, TX0 BBLs0 MCFNov 2010
Five NMontague County, TX0 BBLs0 MCFJul 2025
HarrisMontague County, TX137 BBLs2,768 MCFMar 2026
HenniganMontague County, TX56 BBLs2,057 MCFMar 2026
Leeton PhillipsMontague County, TX171 BBLs4,412 MCFMar 2026
Lindley UnitMontague County, TX38 BBLs4,808 MCFMar 2026
McCoyMontague County, TX0 BBLs0 MCFJun 2022
MilanoMontague County, TX6 BBLs1,464 MCFMar 2026
MossMontague County, TX0 BBLs0 MCFJan 2026
PhillipsMontague County, TX0 BBLs0 MCFApr 2025
PhillipsMontague County, TX0 BBLs0 MCFApr 2010
Ron CheekMontague County, TX11 BBLs2,386 MCFMar 2026
Running NMontague County, TX58 BBLs1,417 MCFMar 2026
ScottMontague County, TX78 BBLs1,016 MCFMar 2026
SeiboldMontague County, TX7 BBLs9,075 MCFMar 2026
SummersMontague County, TX34 BBLs8,755 MCFMar 2026
Tandy BowenMontague County, TX36 BBLs3 MCFMar 2026

Companies in the Area

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

Company Name
Canan Operating, Inc.
Carter Energy Corporation
Chico Production Corp.
Dallas Production, Inc.
Dark Horse Operating Co., L.L.C.
Decleva, Paul
Ebs Oil & Gas Partners Op.Co.,LP
Eleon Operators, LLC
Enserch Exploration Inc
EOG Resources Inc
Felderhoff Production Company
Hawkbend LLC
Joint Resources Company
Osborn,W.B. Oil & Gas Operations
Pop Operating Company
Rife Energy Operating, Inc.
Teleo Operating, LLC
Trio Consulting & Management,LLC
W&W Oil And Gas, Inc.
Wise Production Company

Frac'ing activity on Payne Ranch

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-337-34820Payne Ranch #2H
42-337-34821Payne Ranch #3H

Owners of Payne Ranch

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025EOG RESOURCES INC (WI)PAYNE RANCH 2HEOG RESOURCES
2025EOG RESOURCES INC (WI)PAYNE RANCH 3HEOG RESOURCES

Oil & Gas Sales on Payne Ranch

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-269409PAYNE RANCH 2HFeb 2026EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HFeb 2026EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HFeb 2026EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HFeb 2026EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HFeb 2026EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HFeb 2026EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HJan 2026EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HJan 2026EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HJan 2026EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HJan 2026EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HJan 2026EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HJan 2026EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HDec 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HDec 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HDec 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HDec 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HDec 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HDec 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HNov 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HNov 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HNov 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HNov 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HNov 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HNov 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HOct 2025EOG RESOURCES, INC.