Payne Heirs

Oil & Gas Property in Shelby County, TX

  2. Texas
  3. Shelby County, TX
  4. Oil & Gas Properties in Shelby County, TX
  5. Payne Heirs Oil & Gas Property

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Property Summary

Key data points for Payne Heirs

CountyShelby County, TX
OperatorELLORA ENERGY INC.
Production DatesDec 2003 - Jan 2026
Total Oil Production282 BBLs
Total Gas Production616,077 MCF
Recent Oil Production0 BBLs in Dec 2025
Recent Gas Production503 MCF in Dec 2025
Wells on Property2

Our Valuation Estimates for Payne Heirs

ShaleAssessment™

$136 *

MarketMultiple™

$2,027 **

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

Based on a decimal interest

Payne Heirs Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Payne Heirs
from Dec 2003 to Jan 2026

Wells on Payne Heirs

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-419-30886PAYNE HEIRS (B) 2HELLORA ENERGY INC.ProducingShelby County, TX31.685822-93.916515
42-419-31042PAYNE HEIRS 1HELLORA ENERGY INC.ProducingShelby County, TX31.685959-93.916506

Leases included in Payne Heirs

Lease #Lease NameOperatorCountyMonthly Gas Prod.
06-203488PAYNE HEIRS (B) 2HELLORA ENERGY INC.Shelby County, TX
06-233676PAYNE HEIRS 1HELLORA ENERGY INC.Shelby County, TX

Nearby Properties

These are the closest 20 properties to the Payne Heirs property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BarcooShelby County, TX0 BBLs17,954 MCFJan 2026
BedrockShelby County, TX0 BBLs0 MCFMar 2008
Brahmaputra 1HBShelby County, TX0 BBLs18,941 MCFJan 2026
DunnShelby County, TX0 BBLs425 MCFJan 2026
La Plata 1HShelby County, TX0 BBLs39,653 MCFJan 2026
LockeShelby County, TX0 BBLs4,795 MCFJan 2026
LundyShelby County, TX0 BBLs6,545 MCFJan 2026
Lynch WhiddonShelby County, TX0 BBLs0 MCFJul 2015
McMahon FederalShelby County, TX0 BBLs5,937 MCFJan 2026
Murphy North UnitShelby County, TX0 BBLs0 MCFApr 2022
Murphy South UnitShelby County, TX0 BBLs3,138 MCFJan 2026
O RearShelby County, TX0 BBLs887 MCFJan 2026
Ob H1Shelby County, TX0 BBLs53,857 MCFJan 2026
Pechora B1Shelby County, TX0 BBLs12,072 MCFJan 2026
PreeceShelby County, TX0 BBLs58 MCFJan 2026
ScruggsShelby County, TX0 BBLs2,354 MCFJan 2026
UralShelby County, TX0 BBLs11,020 MCFJan 2026
USA-EllingtonShelby County, TX0 BBLs8,937 MCFJan 2026
USA-LockShelby County, TX0 BBLs3,750 MCFJan 2026
Volga B1Shelby County, TX0 BBLs16,644 MCFJan 2026

Companies in the Area

These are the closest 18 companies operating near the Payne Heirs property.

Company Name
Aethon Energy Operating LLC
Apex Natural Gas, LLC
Cornerstone Oil Trust
Ellora Energy Inc.
Ellora Operating, L.P.
Forza Operating, LLC
Grace Petroleum Corp.
Legacy Reserves Operating LP
Marathon Oil Company
Par Minerals Corporation
Phillips Petroleum Company
Pine Wave Energy Partners Op,LLC
Rockcliff Energy Operating III LLC
Rosbottom Production Corp
Samson Lone Star, LLC
Silver Hill Energy Operating, LLC
Trinidad Exploration, Inc.
XTO Energy Inc.

Owners of Payne Heirs

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025XTO ENERGY (ELLORA) (WI)PAYNE HEIRS (B)XTO ENERGY (ELLORA)
2025XTO ENERGY (ELLORA) (WI)PAYNE HEIRS 1HXTO ENERGY (ELLORA)

Oil & Gas Sales on Payne Heirs

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-233676PAYNE HEIRS 1HNov 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HNov 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HOct 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HOct 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HSep 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HSep 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HAug 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HAug 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HJul 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HJul 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HJun 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HJun 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HMay 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HMay 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HApr 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HApr 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HMar 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HMar 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HFeb 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HFeb 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HJan 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HJan 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HDec 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HDec 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HNov 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.