Zelma Austin

Oil & Gas Property in Panola County, TX

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

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Property Summary

Key data points for Zelma Austin

CountyPanola County, TX
OperatorBURK ROYALTY CO., LTD.
Production DatesJan 2009 - Nov 2025
Total Oil Production19,576 BBLs
Total Gas Production767,110 MCF
Recent Oil Production197 BBLs in Oct 2025
Recent Gas Production924 MCF in Oct 2025
Wells on Property1

Our Valuation Estimates for Zelma Austin

ShaleAssessment™

$135 *

MarketMultiple™

$16,253 **

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

Based on a decimal interest

Zelma Austin Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Zelma Austin
from Jan 2009 to Nov 2025

Wells on Zelma Austin

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-37328ZELMA AUSTIN 3BURK ROYALTY CO., LTD.ProducingPanola County, TX32.134111-94.538639

Leases included in Zelma Austin

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-15347ZELMA AUSTINBURK ROYALTY CO., LTD.Panola County, TX
06-247942ZELMA AUSTIN 3BURK ROYALTY CO., LTD.Panola County, TX

Nearby Properties

These are the closest 20 properties to the Zelma Austin property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AustinPanola County, TX0 BBLs1,045 MCFNov 2025
BrowningPanola County, TX16 BBLs0 MCFOct 2025
CassityPanola County, TX33 BBLs7,898 MCFNov 2025
HarrisPanola County, TX0 BBLs6,504 MCFNov 2025
Harris Sylvan Gas UnitPanola County, TX0 BBLs16,832 MCFNov 2025
Harris-Hardin UnitPanola County, TX2 BBLs1,292 MCFNov 2025
Hillin Joe Bailey 1Panola County, TX0 BBLs5,706 MCFNov 2025
Holland Gas Unit No. 1Panola County, TX1 BBLs846 MCFNov 2025
KylePanola County, TX0 BBLs1,027 MCFNov 2025
RaleyPanola County, TX0 BBLs0 MCFFeb 2022
Reed A.J. EstatePanola County, TX0 BBLs0 MCFNov 2025
RoquemorePanola County, TX17 BBLs4,761 MCFNov 2025
SealeyPanola County, TX0 BBLs10,426 MCFNov 2025
Sealey BillyPanola County, TX0 BBLs8,090 MCFNov 2025
Sealey Taylor GuPanola County, TX0 BBLs1,746 MCFNov 2025
Shaw Gas UnitPanola County, TX5 BBLs10,071 MCFNov 2025
Shaw HeirsPanola County, TX0 BBLs0 MCFDec 2024
SmithPanola County, TX16 BBLs842 MCFNov 2025
TaylorPanola County, TX133 BBLs101,921 MCFNov 2025
Taylor Sealey Gas UnitPanola County, TX17 BBLs39,899 MCFNov 2025

Companies in the Area

These are the closest 20 companies operating near the Zelma 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
Pecos Petroleum Company
Sklar & Phillips Oil Co.
Strand Energy, L.C.
TGNR East Texas II LLC

Owners of Zelma Austin

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025BURK ROYALTY CO LTDAUSTIN ZELMA #3BURK ROYALTY CO LTD
2025MARLER DONNA L AUSTINAUSTIN ZELMA #3BURK ROYALTY CO LTD
2025AUSTIN DENNIS DONAUSTIN ZELMA #3BURK ROYALTY CO LTD
2025DENTON LLOYDAUSTIN ZELMA #3BURK ROYALTY CO LTD
2025DENTON LOWELLAUSTIN ZELMA #3BURK ROYALTY CO LTD
2025HILL LAURA DENTONAUSTIN ZELMA #3BURK ROYALTY CO LTD
2025FLOYD KENNETH AAUSTIN ZELMA #3BURK ROYALTY CO LTD
2025ODEGARD MANAGEMENT TRUSTAUSTIN ZELMA #3BURK ROYALTY CO LTD
Displaying 8 of 11 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Zelma Austin

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-247942ZELMA AUSTIN 3Mar 2025EASTEX CRUDE COMPANY, LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Mar 2025BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Feb 2025BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Jan 2025BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Dec 2024BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Dec 2024ENERGY TRANSFER CRUDE MARKETING LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Nov 2024BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Nov 2024ENERGY TRANSFER CRUDE MARKETING LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Oct 2024BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Sep 2024ENERGY TRANSFER CRUDE MARKETING LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Sep 2024BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Aug 2024BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Aug 2024ENERGY TRANSFER CRUDE MARKETING LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Jul 2024ENERGY TRANSFER CRUDE MARKETING LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Jul 2024BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Jun 2024ENERGY TRANSFER CRUDE MARKETING LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Jun 2024BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3May 2024ENERGY TRANSFER CRUDE MARKETING LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3May 2024BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Apr 2024BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Mar 2024BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Feb 2024ENERGY TRANSFER CRUDE MARKETING LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Feb 2024BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Jan 2024BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Jan 2024ENERGY TRANSFER CRUDE MARKETING LLCBURK ROYALTY CO., LTD.