Payne Ranch

Oil & Gas Property in Montague County, TX

Property Summary

Key data points for Payne Ranch

CountyMontague County, TX
Production DatesOct 2007 - Apr 2025
Total Oil Production95,083 BBLs
Total Gas Production1,272,244 MCF
Recent Oil Production155 BBLs in Mar 2025
Recent Gas Production4,422 MCF in Mar 2025
Wells on Property3

Our Valuation Estimates for Payne Ranch

ShaleAssessment

$14,530 *

MarketMultiple

$32,298 **

* 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 Apr 2025

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, TX138 BBLs9,809 MCFApr 2025
Crump-Lucas UnitMontague County, TX15 BBLs5,468 MCFApr 2025
EmbryMontague County, TX34 BBLs14 MCFApr 2025
FieldsMontague County, TX0 BBLs0 MCFNov 2010
Five NMontague County, TX0 BBLs170 MCFApr 2025
HarrisMontague County, TX0 BBLs12 MCFApr 2025
HenniganMontague County, TX48 BBLs2,447 MCFApr 2025
Keith UnitMontague County, TX85 BBLs6,376 MCFApr 2025
Leeton PhillipsMontague County, TX249 BBLs6,056 MCFApr 2025
Lindley UnitMontague County, TX32 BBLs4,410 MCFApr 2025
McCoyMontague County, TX0 BBLs0 MCFJun 2022
MilanoMontague County, TX7 BBLs1,459 MCFApr 2025
MossMontague County, TX145 BBLs0 MCFApr 2025
PhillipsMontague County, TX0 BBLs0 MCFApr 2010
Ron CheekMontague County, TX12 BBLs3,159 MCFApr 2025
Running NMontague County, TX16 BBLs861 MCFApr 2025
ScottMontague County, TX116 BBLs2,181 MCFApr 2025
SeiboldMontague County, TX0 BBLs7,433 MCFApr 2025
SummersMontague County, TX47 BBLs10,605 MCFApr 2025
Tandy BowenMontague County, TX71 BBLs21 MCFApr 2025

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
2024EOG RESOURCES INC (WI)PAYNE RANCH 2HEOG RESOURCES
2024EOG 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 2HMar 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HMar 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HMar 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HMar 2025RED RIVER CRUDE OIL LLCEOG RESOURCES, INC.
09-269414PAYNE RANCH 3HMar 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HMar 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HMar 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HFeb 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HFeb 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HFeb 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HFeb 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HFeb 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HFeb 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HJan 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HJan 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HJan 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HJan 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HJan 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HJan 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HJan 2025RED RIVER CRUDE OIL LLCEOG RESOURCES, INC.
09-269409PAYNE RANCH 2HDec 2024EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HDec 2024EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HDec 2024EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HDec 2024RED RIVER CRUDE OIL LLCEOG RESOURCES, INC.
09-269414PAYNE RANCH 3HDec 2024EOG RESOURCES, INC.