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 - Jun 2026
Total Oil Production282 BBLs
Total Gas Production622,920 MCF
Recent Oil Production0 BBLs in May 2026
Recent Gas Production2,311 MCF in May 2026
Wells on Property2

Our Valuation Estimates for Payne Heirs

ShaleAssessment™

$129 *

MarketMultiple™

$5,283 **

* 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 Jun 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
Alexander UnitShelby County, TX0 BBLs311 MCFJun 2026
BarcooShelby County, TX0 BBLs21,480 MCFJun 2026
BedrockShelby County, TX0 BBLs0 MCFMar 2008
Brahmaputra 1HBShelby County, TX0 BBLs18,066 MCFJun 2026
DunnShelby County, TX0 BBLs1,128 MCFJun 2026
La Plata 1HShelby County, TX0 BBLs28,835 MCFJun 2026
LockeShelby County, TX7 BBLs5,357 MCFJun 2026
LundyShelby County, TX0 BBLs10,381 MCFJun 2026
Lynch WhiddonShelby County, TX0 BBLs0 MCFJul 2015
McMahon FederalShelby County, TX0 BBLs6,534 MCFJun 2026
Murphy North UnitShelby County, TX0 BBLs0 MCFApr 2022
Murphy South UnitShelby County, TX0 BBLs2,839 MCFJun 2026
O RearShelby County, TX0 BBLs1,577 MCFJun 2026
Ob H1Shelby County, TX0 BBLs50,851 MCFJun 2026
Pechora B1Shelby County, TX0 BBLs10,798 MCFJun 2026
PreeceShelby County, TX0 BBLs48 MCFJun 2026
ScruggsShelby County, TX0 BBLs821 MCFJun 2026
UralShelby County, TX0 BBLs9,795 MCFJun 2026
USA-EllingtonShelby County, TX0 BBLs5,029 MCFJun 2026
USA-LockShelby County, TX0 BBLs2,752 MCFJun 2026

Companies in the Area

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

Company Name
A.O.E. Operators, Inc.
Adamas Energy LLC
Apex Natural Gas, LLC
Cornerstone Oil Trust
Ellora Energy Inc.
Ellora Operating, L.P.
Grace Petroleum Corp.
Legacy Reserves Operating LP
Marathon Oil Company
Par Minerals Corporation
Phillips Petroleum Company
Rockcliff Energy Operating III LLC
Rosbottom Production Corp
Samson Lone Star LP
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
2026XTO ENERGY (ELLORA) (WI)PAYNE HEIRS (B)XTO ENERGY (ELLORA)
2026XTO 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 1HMay 2026DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HMay 2026DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HApr 2026DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HApr 2026DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HMar 2026DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HMar 2026DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HFeb 2026DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HFeb 2026DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HJan 2026DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HJan 2026DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HDec 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HDec 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HNov 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HNov 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HOct 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HOct 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.