Payne Ranch

Oil & Gas Property in Montague County, TX

Property Summary

Key data points for Payne Ranch

CountyMontague County, TX
Production DatesOct 2007 - Jan 2026
Total Oil Production95,865 BBLs
Total Gas Production1,307,748 MCF
Recent Oil Production77 BBLs in Dec 2025
Recent Gas Production2,911 MCF in Dec 2025
Wells on Property3

Our Valuation Estimates for Payne Ranch

ShaleAssessment

$12,932 *

MarketMultiple

$26,175 **

* 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 Jan 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, TX53 BBLs1,837 MCFJan 2026
Crump-Lucas UnitMontague County, TX61 BBLs6,410 MCFJan 2026
EmbryMontague County, TX26 BBLs8 MCFJan 2026
FieldsMontague County, TX0 BBLs0 MCFNov 2010
Five NMontague County, TX0 BBLs16 MCFDec 2025
HarrisMontague County, TX37 BBLs2,405 MCFJan 2026
HenniganMontague County, TX102 BBLs1,569 MCFJan 2026
Leeton PhillipsMontague County, TX185 BBLs4,622 MCFJan 2026
Lindley UnitMontague County, TX28 BBLs5,306 MCFJan 2026
McCoyMontague County, TX0 BBLs0 MCFJun 2022
MilanoMontague County, TX8 BBLs1,524 MCFJan 2026
MossMontague County, TX123 BBLs0 MCFDec 2025
PhillipsMontague County, TX0 BBLs0 MCFApr 2025
PhillipsMontague County, TX0 BBLs0 MCFApr 2010
Ron CheekMontague County, TX13 BBLs2,640 MCFJan 2026
Running NMontague County, TX11 BBLs1,385 MCFJan 2026
ScottMontague County, TX202 BBLs1,947 MCFJan 2026
SeiboldMontague County, TX7 BBLs10,047 MCFJan 2026
SummersMontague County, TX40 BBLs9,906 MCFJan 2026
Tandy BowenMontague County, TX57 BBLs23 MCFJan 2026

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 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.
09-269409PAYNE RANCH 2HOct 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HOct 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HOct 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HOct 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HOct 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HSep 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HSep 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HSep 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HSep 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HSep 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HSep 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HAug 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HAug 2025EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HAug 2025EOG RESOURCES, INC.EOG RESOURCES, INC.
09-269409PAYNE RANCH 2HAug 2025RED RIVER CRUDE OIL LLCEOG RESOURCES, INC.
09-269414PAYNE RANCH 3HAug 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HAug 2025EOG RESOURCES, INC.
09-269414PAYNE RANCH 3HAug 2025EOG RESOURCES, INC.EOG RESOURCES, INC.