Oil and gas leases in Payne Petroleum

Payne Petroleum is a Texas operator, Commission number 646465, with 1 lease reporting production across 1 county. Between them they carry 1 wellbores. Reported volumes run from February 2004 to April 2017 and come to 4 thousand barrels of oil. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about Payne Petroleum

How many oil and gas leases are in Payne Petroleum?: Payne Petroleum has 1 oil and gas lease with production reported to the Railroad Commission of Texas, as of April 2017.
How much oil and gas has Payne Petroleum produced?: Leases in Payne Petroleum have reported 3,505 barrels of oil (bbl) to the Railroad Commission of Texas between February 2004 and April 2017.
How much are mineral rights in Payne Petroleum worth?: There is no single figure: what a mineral or royalty interest in Payne Petroleum is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 1 lease listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Counties here

Taylor County — 1 lease

Railroad Commission districts

District 7B — 1 lease

Leases

PAYNE, G. E. EST. — oil, Payne Petroleum, Taylor County, 4 thousand reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.