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 - May 2026
Total Oil Production19,939 BBLs
Total Gas Production792,622 MCF
Recent Oil Production19 BBLs in Apr 2026
Recent Gas Production9,527 MCF in Apr 2026
Wells on Property1

Our Valuation Estimates for Zelma Austin

ShaleAssessment™

$124 *

MarketMultiple™

$18,386 **

* 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 May 2026

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, TX1 BBLs392 MCFMay 2026
BrowningPanola County, TX0 BBLs154 MCFMay 2026
Browning R.D. Gas UnitPanola County, TX19 BBLs4,570 MCFMay 2026
CassityPanola County, TX2 BBLs7,817 MCFMay 2026
HarrisPanola County, TX65 BBLs4,224 MCFMay 2026
Harris Sylvan Gas UnitPanola County, TX0 BBLs11,513 MCFMay 2026
Harris-Hardin UnitPanola County, TX125 BBLs816 MCFMay 2026
Holland Gas Unit No. 1Panola County, TX10 BBLs715 MCFMay 2026
KylePanola County, TX0 BBLs802 MCFMay 2026
RaleyPanola County, TX0 BBLs0 MCFFeb 2022
Reed A.J. EstatePanola County, TX0 BBLs0 MCFJan 2026
RoquemorePanola County, TX30 BBLs3,189 MCFMay 2026
SealeyPanola County, TX0 BBLs9,374 MCFMay 2026
Sealey BillyPanola County, TX139 BBLs4,165 MCFMay 2026
Sealey Taylor GuPanola County, TX0 BBLs3,350 MCFMay 2026
Shaw Gas UnitPanola County, TX15 BBLs7,911 MCFMay 2026
Shaw HeirsPanola County, TX0 BBLs0 MCFDec 2024
SmithPanola County, TX17 BBLs2,930 MCFMay 2026
TaylorPanola County, TX113 BBLs88,921 MCFMay 2026
Taylor Sealey Gas UnitPanola County, TX3 BBLs28,692 MCFMay 2026

Companies in the Area

These are the closest 20 companies operating near the Zelma 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
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 3Feb 2026EASTEX CRUDE COMPANY, LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Feb 2026BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Jan 2026BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Dec 2025EASTEX CRUDE COMPANY, LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Dec 2025BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Nov 2025EASTEX CRUDE COMPANY, LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Nov 2025BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Oct 2025EASTEX CRUDE COMPANY, LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Oct 2025BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Sep 2025EASTEX CRUDE COMPANY, LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Sep 2025BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Aug 2025EASTEX CRUDE COMPANY, LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Aug 2025BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Jul 2025EASTEX CRUDE COMPANY, LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Jul 2025BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Jun 2025BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3May 2025EASTEX CRUDE COMPANY, LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3May 2025BURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Apr 2025BURK ROYALTY CO., LTD.
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 2024ENERGY TRANSFER CRUDE MARKETING LLCBURK ROYALTY CO., LTD.
06-247942ZELMA AUSTIN 3Dec 2024BURK ROYALTY CO., LTD.