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 - Oct 2025
Total Oil Production282 BBLs
Total Gas Production614,457 MCF
Recent Oil Production0 BBLs in Sep 2025
Recent Gas Production303 MCF in Sep 2025
Wells on Property2

Our Valuation Estimates for Payne Heirs

ShaleAssessment™

$142 *

MarketMultiple™

$1,699 **

* 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 Oct 2025

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 BBLs17,350 MCFOct 2025
BedrockShelby County, TX0 BBLs0 MCFMar 2008
Brahmaputra 1HBShelby County, TX0 BBLs20,341 MCFOct 2025
DunnShelby County, TX0 BBLs968 MCFOct 2025
Gascoyne B1Shelby County, TX0 BBLs8,755 MCFOct 2025
La Plata 1HShelby County, TX0 BBLs31,573 MCFOct 2025
LockeShelby County, TX0 BBLs4,664 MCFOct 2025
LundyShelby County, TX0 BBLs6,275 MCFOct 2025
Lynch WhiddonShelby County, TX0 BBLs0 MCFJul 2015
McMahon FederalShelby County, TX0 BBLs5,320 MCFOct 2025
Murphy North UnitShelby County, TX0 BBLs0 MCFApr 2022
Murphy South UnitShelby County, TX0 BBLs3,048 MCFOct 2025
O RearShelby County, TX0 BBLs2,215 MCFOct 2025
Ob H1Shelby County, TX0 BBLs60,590 MCFOct 2025
Pechora B1Shelby County, TX0 BBLs11,861 MCFOct 2025
ScruggsShelby County, TX0 BBLs1,010 MCFOct 2025
UralShelby County, TX0 BBLs9,016 MCFOct 2025
USA-EllingtonShelby County, TX0 BBLs9,970 MCFOct 2025
USA-LockShelby County, TX0 BBLs4,578 MCFOct 2025
Volga B1Shelby County, TX0 BBLs17,829 MCFOct 2025

Companies in the Area

These are the closest 19 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.
Hog Operating LLC
Legacy Reserves Operating LP
Marathon Oil Company
Par Minerals Corporation
Phillips Petroleum Company
Rosbottom Production Corp
Samson Lone Star LP
Samson Lone Star, LLC
Shelby Boswell Operator, 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 1HMar 2025DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HMar 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.
06-233676PAYNE HEIRS 1HNov 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HOct 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HOct 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HSep 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HSep 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HAug 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HAug 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HJul 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HJul 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HJun 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HJun 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HMay 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HMay 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-233676PAYNE HEIRS 1HApr 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HApr 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.
06-203488PAYNE HEIRS (B) 2HMar 2024DOMINION GAS VENTURES, LPXTO ENERGY INC.