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Texas oil lease

Producing

PAYNE UNIT B

Payne Unit B is an oil lease in Madison County, Texas, operated by Wildfire Energy Operating LLC in the Madisonville, W. (Woodbine -A-) field.

2 wells

7,375bbl oil, last 12 months−28% vs prior year
Operator
Wildfire Energy Operating LLC
County
Madison County
Field
Madisonville, W. (Woodbine -A-)
RRC lease
03-26168

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Where it sits

This county

Madison CountyMadisonWalkerLimestoneHoustonLeonBrazosRobertsonMadison County
Madison County
Gas, last 12 months
25,957 mcf
Oil in Jun 2026
546 bbl

Production by month

Oil output fell 28% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for PAYNE UNIT B, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 6,699 bbl in the 12 months through Jul 2026, against 9,361 bbl in the 12 months before.Last 12 months: 6,699 bblbbl per monthmcf per month002501,0005002,0007503,0001,0004,0001,2505,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for PAYNE UNIT B, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 6,699 bbl in the 12 months through Jul 2026, against 9,361 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002501,0005002,0007503,0001,0004,0001,2505,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

86% of the gas went to a transmission line in the last 12 months

Flaring peaked at 5.2% of the gas in Jul 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
86% of the gas went to a transmission line in the last 12 monthsShare of PAYNE UNIT B gas by disposition code each month, Aug 2023 to Jul 2026. 86% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.2% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
86% of the gas went to a transmission line in the last 12 monthsShare of PAYNE UNIT B gas by disposition code each month, Aug 2023 to Jul 2026. 86% of the gas went to a transmission line in the last 12 months. Flaring peaked at 5.2% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Flared 5.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    86% · 22,301 mcf

  • Lease fuel (1)

    14% · 3,656 mcf

Who has run this lease

The operator changed 2 times, most recently in Oct 2023

Operators of this lease over timeContango Resources, Inc., Jan 2020 to Dec 2021; Contango Resources, LLC, Jan 2022 to Sep 2023; Wildfire Energy Operating LLC, Oct 2023 to Jun 20262020202120222023202420252026Changed Jan 2022Changed Oct 2023Contango Resources, Inc.Jan 2020 to Dec 2021Contango Resources, LLCJan 2022 to Sep 2023Wildfire Energy Operating LLCOct 2023 to now
Operators of this lease over timeContango Resources, Inc., Jan 2020 to Dec 2021; Contango Resources, LLC, Jan 2022 to Sep 2023; Wildfire Energy Operating LLC, Oct 2023 to Jun 20262020202120222023202420252026Changed Jan 2022Changed Oct 2023Contango Resources, Inc.Jan 2020 to Dec 2021Contango Resources, LLCJan 2022 to Sep 2023Wildfire Energy Operating LLCOct 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on PAYNE UNIT B
API numberWell no.Status
42-313-309831HActive
42-313-310542HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
4J Energy, LLCOilGathers34Sep 1, 2024–
Energy Trans Crude Marketing LLCOilGathers33Sep 1, 2024–
Shell Trading (Us) CompanyOilGathers33Sep 1, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100May 13, 2013–
Energy Trans Crude Marketing LLCOilGathers100Oct 1, 2023Sep 1, 2024
Etc Texas P/L, LTDCasinghead gasBuys100May 13, 2013Oct 1, 2023
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Jul 1, 2018Oct 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

412.05 acres on the newest permit

Check your decimal on this lease
Permits for Payne Unit B
API numberWell no.Acreson the permit
42-313-310542H412.05
42-313-309831H412.05

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for PAYNE UNIT B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Wildfire Energy5465402,1651,8320$84.81$3.15
May 2026Wildfire Energy4431861,8601,5650$102.13$2.94
Apr 2026Wildfire Energy6207252,5482,1640$100.32$2.77
Mar 2026Wildfire Energy6887263,4442,9360$91.38$3.04
Feb 2026Wildfire Energy2341791,0308670$64.51$3.62
Jan 2026Wildfire Energy6387422,6272,2200$60.04$7.72
Dec 2025Wildfire Energy6227331,8091,5410$57.97$4.26
Nov 2025Wildfire Energy6235431,7541,4890$60.06$3.79
Oct 2025Wildfire Energy8486701,6621,3940$60.89$3.19
Sep 2025Wildfire Energy7619062,2521,9200$63.96$2.97
Aug 2025Wildfire Energy6766942,3422,1310$64.86$2.91
Jul 2025Wildfire Energy6767362,4642,2420$68.39$3.20
Jun 2025Wildfire Energy7246741,9561,7800$68.17$3.02
May 2025Wildfire Energy4465392,0951,9060$62.17$3.12
Apr 2025Wildfire Energy7617132,2222,0220$63.54$3.42
Mar 2025Wildfire Energy6765342,2302,0910$68.24$4.12
Feb 2025Wildfire Energy5448692,1772,0330$71.53$4.19
Jan 2025Wildfire Energy7105291,7711,6450$75.74$4.13
Dec 2024Wildfire Energy9368812,3482,2060$70.12$3.01
Nov 2024Wildfire Energy8887392,0911,9640$69.95$2.12
Oct 2024Wildfire Energy9571,2842,3162,1830$71.99$2.20
Sep 2024Wildfire Energy1,0268892,5582,3980$70.24$2.28
Aug 2024Wildfire Energy1,0179022,5822,4250$76.68$1.99
Jul 2024Wildfire Energy5817131,8791,66198$81.80$2.07
Jun 2024Wildfire Energy1,1617192,0091,8860$79.77$2.54
May 2024Wildfire Energy6315352,8341,9590$80.02$2.12
Apr 2024Wildfire Energy6977232,8061,9352$85.35$1.60
Mar 2024Wildfire Energy5915182,7141,9870$81.28$1.49
Feb 2024Wildfire Energy6367132,6161,7490$77.25$1.72
Jan 2024Wildfire Energy6155312,3351,4310$74.15$3.18
Dec 2023Wildfire Energy6365513,2581,9960$71.90$2.52
Nov 2023Wildfire Energy7237383,0982,0030$77.69$2.71
Oct 2023Wildfire Energy7277343,3212,2582$85.64$2.98
Sep 2023Contango Resources,7228943,5202,4471$89.43$2.64
Aug 2023Contango Resources,8317163,4692,36612$81.39$2.58

No report filed Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorWildfire Energy Operating LLCFieldMadisonville, W. (Woodbine -A-)CountyMadison County

Wildfire Energy Operating LLC in Madison County

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