Payne Heirs

Oil & Gas Property in Shelby County, TX

Property Summary

Key data points for Payne Heirs

CountyShelby County, TX
OperatorELLORA ENERGY INC.
Production DatesDec 2003 - Apr 2025
Total Oil Production282 BBLs
Total Gas Production611,301 MCF
Recent Oil Production0 BBLs in Mar 2025
Recent Gas Production137 MCF in Mar 2025
Wells on Property2

Our Valuation Estimates for Payne Heirs

ShaleAssessment

$154 *

MarketMultiple

$1,396 **

* 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 Apr 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 BBLs21,104 MCFApr 2025
BedrockShelby County, TX0 BBLs0 MCFMar 2008
Brahmaputra 1HBShelby County, TX0 BBLs19,926 MCFApr 2025
DunnShelby County, TX0 BBLs430 MCFApr 2025
Gascoyne B1Shelby County, TX0 BBLs8,962 MCFApr 2025
La Plata 1HShelby County, TX0 BBLs32,887 MCFApr 2025
LockeShelby County, TX0 BBLs4,751 MCFApr 2025
LundyShelby County, TX0 BBLs6,872 MCFApr 2025
Lynch WhiddonShelby County, TX0 BBLs0 MCFJul 2015
Mary Ann Gas Unit 1Shelby County, TX0 BBLs9,573 MCFMar 2025
McMahon FederalShelby County, TX0 BBLs6,577 MCFApr 2025
Murphy North UnitShelby County, TX0 BBLs0 MCFApr 2022
Murphy South UnitShelby County, TX0 BBLs1,571 MCFApr 2025
O RearShelby County, TX0 BBLs2,213 MCFApr 2025
Ob H1Shelby County, TX0 BBLs58,155 MCFApr 2025
Pechora B1Shelby County, TX0 BBLs11,412 MCFApr 2025
ScruggsShelby County, TX0 BBLs531 MCFApr 2025
UralShelby County, TX0 BBLs7,624 MCFApr 2025
USA-LockShelby County, TX0 BBLs5,448 MCFApr 2025
Volga B1Shelby County, TX0 BBLs20,702 MCFApr 2025

Owners of Payne Heirs

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024XTO ENERGY (ELLORA) (WI)PAYNE HEIRS (B)XTO ENERGY (ELLORA)
2024XTO 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.