Austin

Oil & Gas Property in Panola County, TX

  2. Texas
  3. Panola County, TX
  4. Oil & Gas Properties in Panola County, TX
  5. Austin Oil & Gas Property

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Property Summary

Key data points for Austin

CountyPanola County, TX
Production DatesNov 1997 - Mar 2026
Total Oil Production12,042 BBLs
Total Gas Production3,181,286 MCF
Recent Oil Production2 BBLs in Feb 2026
Recent Gas Production1,149 MCF in Feb 2026
Wells on Property4

Our Valuation Estimates for Austin

ShaleAssessment™

$6,515 *

MarketMultiple™

$8,386 **

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

Based on a decimal interest

Austin 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 Austin
from Nov 1997 to Mar 2026

Wells on Austin

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-33766AUSTIN 1PECOS PETROLEUM COMPANYPlugged Gas WellPanola County, TX32.137330-94.550249
42-365-36183AUSTIN ZELMA 1BURK ROYALTY CO., LTD.ProducingPanola County, TX32.139193-94.533974
42-365-37107AUSTIN ZELMA 2BURK ROYALTY CO., LTD.ProducingPanola County, TX32.134099-94.543465
42-365-37373AUSTIN ZELMA 4BURK ROYALTY CO., LTD.Temp AbandonedPanola County, TX32.138003-94.538769

Leases included in Austin

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-166991AUSTIN 1PEDERNALES PETROLEUM OP, LLCPanola County, TX
06-166992AUSTIN 1PEDERNALES PETROLEUM OP, LLCPanola County, TX
06-234705AUSTIN ZELMA 1BURK ROYALTY CO., LTD.Panola County, TX
06-247159AUSTIN ZELMA 2BURK ROYALTY CO., LTD.Panola County, TX
06-252551AUSTIN ZELMA 4BURK ROYALTY CO., LTD.Panola County, TX
06-262045AUSTIN ZELMA 1BURK ROYALTY CO., LTD.Panola County, TX
06-264132AUSTIN ZELMA 2BURK ROYALTY CO., LTD.Panola County, TX

Operators Associated With Austin

Nearby Properties

These are the closest 20 properties to the Austin property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BrowningPanola County, TX0 BBLs0 MCFMar 2026
Browning R.D. Gas UnitPanola County, TX18 BBLs5,392 MCFMar 2026
CassityPanola County, TX10 BBLs7,391 MCFMar 2026
HarrisPanola County, TX76 BBLs3,871 MCFMar 2026
Harris Sylvan Gas UnitPanola County, TX115 BBLs25,192 MCFMar 2026
Holland Gas Unit No. 1Panola County, TX0 BBLs0 MCFJan 2026
Jim G. SealeyPanola County, TX0 BBLs0 MCFDec 2025
KylePanola County, TX0 BBLs825 MCFMar 2026
RaleyPanola County, TX0 BBLs0 MCFFeb 2022
Reed A.J. EstatePanola County, TX0 BBLs0 MCFJan 2026
RoquemorePanola County, TX0 BBLs0 MCFJan 2026
SealeyPanola County, TX0 BBLs10,188 MCFMar 2026
Sealey BillyPanola County, TX0 BBLs4,010 MCFMar 2026
Sealey Taylor GuPanola County, TX0 BBLs2,705 MCFMar 2026
Shaw Gas UnitPanola County, TX9 BBLs8,137 MCFMar 2026
Shaw HeirsPanola County, TX0 BBLs0 MCFDec 2024
Shaw RPanola County, TX145 BBLs0 MCFMar 2026
SmithPanola County, TX0 BBLs0 MCFJan 2026
TaylorPanola County, TX166 BBLs86,167 MCFMar 2026
Taylor Sealey Gas UnitPanola County, TX43 BBLs28,760 MCFMar 2026

Companies in the Area

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

Company Name
Ac Exploration, LLC
Arcadia Expl. & Prod. Company
Buckhorn Operating LLC
Burk Royalty Co., LTD.
Chesapeake Operating, Inc.
Craton Energy Holdings III, LP
Craton Operating LLC
Eqv Operating LLC
Goodrich Petroleum Company
Kaiser-Francis Oil Company
KJ Energy, LLC
Largo Oil Company
M. E. Operating & Services, Inc.
McBride Operating LLC
North American Reserve Corp.
Patara Oil & Gas LLC
Sklar & Phillips Oil Co.
Strand Energy, L.C.
TGNR East Texas II LLC
TGNR East Texas LLC

Owners of Austin

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025BURK ROYALTY CO LTDAUSTIN ZELMA #1BURK ROYALTY CO LTD
2025BURK ROYALTY CO LTDAUSTIN ZELMA #2BURK ROYALTY CO LTD
2025AUSTIN DENNIS DONAUSTIN ZELMA #1BURK ROYALTY CO LTD
2025MARLER DONNA L AUSTINAUSTIN ZELMA #1BURK ROYALTY CO LTD
2025DENTON LLOYDAUSTIN ZELMA #1BURK ROYALTY CO LTD
2025DENTON LOWELLAUSTIN ZELMA #1BURK ROYALTY CO LTD
2025HILL LAURA DENTONAUSTIN ZELMA #1BURK ROYALTY CO LTD
2025FLOYD KENNETH AAUSTIN ZELMA #1BURK ROYALTY CO LTD
Displaying 8 of 12 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Austin

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-234705AUSTIN ZELMA 1Feb 2026BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Jan 2026BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Dec 2025BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Nov 2025BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Oct 2025BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Sep 2025EASTEX CRUDE COMPANY, LLCBURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Sep 2025BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Aug 2025BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Jul 2025BURK ROYALTY CO., LTD.
06-247159AUSTIN ZELMA 2Jun 2025BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Jun 2025BURK ROYALTY CO., LTD.
06-247159AUSTIN ZELMA 2May 2025BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1May 2025BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Apr 2025BURK ROYALTY CO., LTD.
06-264132AUSTIN ZELMA 2Apr 2025BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Mar 2025BURK ROYALTY CO., LTD.
06-264132AUSTIN ZELMA 2Mar 2025BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Feb 2025BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Jan 2025BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Dec 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Dec 2024ENERGY TRANSFER CRUDE MARKETING LLCBURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Nov 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Oct 2024BURK ROYALTY CO., LTD.
06-264132AUSTIN ZELMA 2Sep 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Sep 2024BURK ROYALTY CO., LTD.