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 - Oct 2025
Total Oil Production11,983 BBLs
Total Gas Production3,175,841 MCF
Recent Oil Production3 BBLs in Sep 2025
Recent Gas Production1,097 MCF in Sep 2025
Wells on Property4

Our Valuation Estimates for Austin

ShaleAssessment™

$6,975 *

MarketMultiple™

$8,485 **

* 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 Oct 2025

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 MCFOct 2025
Browning R.D. Gas UnitPanola County, TX35 BBLs4,533 MCFOct 2025
HarrisPanola County, TX0 BBLs6,537 MCFOct 2025
Harris Sylvan Gas UnitPanola County, TX1 BBLs15,721 MCFSep 2025
Hillin Joe Bailey 1Panola County, TX0 BBLs5,394 MCFSep 2025
Holland Gas Unit No. 1Panola County, TX16 BBLs958 MCFOct 2025
Jim G. SealeyPanola County, TX0 BBLs0 MCFJun 2025
KylePanola County, TX0 BBLs983 MCFSep 2025
RaleyPanola County, TX0 BBLs0 MCFFeb 2022
Reed A.J. EstatePanola County, TX0 BBLs0 MCFAug 2025
RoquemorePanola County, TX38 BBLs4,830 MCFOct 2025
SealeyPanola County, TX0 BBLs10,186 MCFSep 2025
Sealey BillyPanola County, TX0 BBLs9,657 MCFSep 2025
Sealey Taylor GuPanola County, TX0 BBLs3,204 MCFSep 2025
Shaw Gas UnitPanola County, TX20 BBLs10,408 MCFOct 2025
Shaw HeirsPanola County, TX0 BBLs0 MCFDec 2024
Shaw RPanola County, TX161 BBLs419 MCFOct 2025
SmithPanola County, TX11 BBLs312 MCFOct 2025
TaylorPanola County, TX74 BBLs102,063 MCFOct 2025
Taylor Sealey Gas UnitPanola County, TX18 BBLs23,659 MCFOct 2025

Companies in the Area

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

Company Name
Ac Exploration, LLC
Amplify Energy Operating LLC
Arcadia Expl. & Prod. Company
Buckhorn Operating LLC
Burk Royalty Co., LTD.
Chesapeake Operating, Inc.
Craton Energy Holdings III, LP
Craton 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
2025BREAUX DAN JAUSTIN 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 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 2024ENERGY TRANSFER CRUDE MARKETING LLCBURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Dec 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Nov 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Oct 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Sep 2024BURK ROYALTY CO., LTD.
06-264132AUSTIN ZELMA 2Sep 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Aug 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Jul 2024BURK ROYALTY CO., LTD.
06-264132AUSTIN ZELMA 2Jul 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Jun 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1May 2024BURK ROYALTY CO., LTD.
06-264132AUSTIN ZELMA 2Apr 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Apr 2024BURK ROYALTY CO., LTD.
06-264132AUSTIN ZELMA 2Mar 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Mar 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Feb 2024BURK ROYALTY CO., LTD.
06-264132AUSTIN ZELMA 2Feb 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Jan 2024BURK ROYALTY CO., LTD.
06-264132AUSTIN ZELMA 2Jan 2024BURK ROYALTY CO., LTD.
06-234705AUSTIN ZELMA 1Jan 2024ENERGY TRANSFER CRUDE MARKETING LLCBURK ROYALTY CO., LTD.
06-264132AUSTIN ZELMA 2Dec 2023BURK ROYALTY CO., LTD.