SHEPARD UNIT

Name: SHEPARD UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BOTASCH OPERATING, LLC (P-5 83330) in the ED STUMBERG (OLMOS A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 120253District 01Field 27508500NGPA filingCondensateGasSave Export

Value, all time

$375 k

Jan 1993 – Mar 2013

Value, last 12 filed months

at the published price for each month

Months reported

243

no gaps in the span

Streams

condensate, gas

The ED STUMBERG (OLMOS A) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 8 leases and 8 wells, and the rule below applies to all of them.

Discovered

1984-11-14

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “EXEMPT FIELD EFFECTIVE 6-1-97.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Condensate	Disposition	197 bbl	$2,507
Gas	Production	139,829 Mcf	$372,384
Total			$374,891

49,668 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.3668, -99.6405. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.36684, -99.64053 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

4,800 ft

1 wells filed one

Completion to plug

27.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 4,800 ft.

Completions filed

Jan 1986

1 of 1 wells

Plug dates filed

Mar 2013

1 of 1 wells

Last completion to plug: a median of 27.2 years across the 1 well that filed both dates, with the middle half between 27.2 years and 27.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-12732734	1	4,800 ft	Jan 1986	Mar 2013	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (243)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

243 months


Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	172	72.55	4.74	$815
Jun 2010	0	160	70.36	4.91	$786
May 2010	0	113	71.12	4.24	$479
Apr 2010	0	110	81.69	4.12	$454
Mar 2010	0	119	78.39	4.39	$522
Feb 2010	0	126	73.58	5.44	$686
Jan 2010	0	25	74.36	5.96	$149
Dec 2009	0	59	71.44	5.48	$324
Nov 2009	0	103	74.59	3.75	$386
Oct 2009	0	139	72.54	4.11	$571
Sep 2009	0	139	65.54	3.06	$426
Aug 2009	0	139	67.42	3.22	$447
Jul 2009	0	139	61.13	3.46	$482
Jun 2009	0	137	66.16	3.90	$534
May 2009	0	128	54.74	3.93	$503
Apr 2009	0	136	46.77	3.59	$488
Mar 2009	0	166	42.14	4.06	$674
Feb 2009	0	144	32.81	4.63	$667
Jan 2009	0	152	35.86	5.37	$816
Dec 2008	0	178	37.10	5.98	$1,064
Nov 2008	0	72	55.49	6.86	$494
Oct 2008	0	154	75.24	6.92	$1,066
Sep 2008	0	157	101.76	7.88	$1,237
Aug 2008	0	177	114.22	8.48	$1,501
Jul 2008	0	165	131.08	11.39	$1,879
Jun 2008	0	144	131.33	13.03	$1,877
May 2008	0	147	123.17	11.57	$1,701
Apr 2008	0	135	110.31	10.45	$1,411
Mar 2008	0	148	101.90	9.66	$1,430
Feb 2008	0	166	92.53	8.77	$1,456
Jan 2008	0	256	90.38	8.21	$2,101
Dec 2007	0	212	88.33	7.30	$1,548
Nov 2007	0	228	91.67	7.29	$1,663
Oct 2007	0	229	82.85	6.92	$1,585
Sep 2007	0	253	75.84	6.24	$1,580
Aug 2007	0	195	69.06	6.39	$1,246
Jul 2007	0	290	70.90	6.39	$1,853
Jun 2007	0	302	62.00	7.55	$2,280
May 2007	0	220	58.74	7.85	$1,726
Apr 2007	0	314	59.61	7.81	$2,451
Mar 2007	0	416	56.92	7.30	$3,038
Feb 2007	0	369	55.10	8.22	$3,032
Jan 2007	0	361	50.30	6.73	$2,428
Dec 2006	0	280	56.65	6.92	$1,937
Nov 2006	0	254	54.20	7.62	$1,935
Oct 2006	0	251	54.90	6.01	$1,509
Sep 2006	0	239	60.08	5.04	$1,204
Aug 2006	0	235	68.71	7.34	$1,725
Jul 2006	0	286	69.37	6.34	$1,814
Jun 2006	0	316	66.28	6.38	$2,017
May 2006	0	293	66.01	6.42	$1,883
Apr 2006	0	258	64.39	7.36	$1,899
Mar 2006	0	357	56.70	7.08	$2,529
Feb 2006	0	343	57.59	7.75	$2,659
Jan 2006	0	411	60.59	8.93	$3,672
Dec 2005	0	430	54.94	13.42	$5,769
Nov 2005	0	350	54.69	10.59	$3,706
Oct 2005	0	344	58.34	13.80	$4,746
Sep 2005	0	349	61.45	12.08	$4,216
Aug 2005	0	323	61.51	9.80	$3,164
Jul 2005	0	366	55.69	7.84	$2,871
Jun 2005	0	369	52.33	7.38	$2,724
May 2005	0	356	45.22	6.65	$2,368
Apr 2005	0	329	49.20	7.36	$2,422
Mar 2005	0	221	50.37	7.15	$1,581
Feb 2005	0	335	45.22	6.31	$2,114
Jan 2005	0	341	43.16	6.32	$2,156
Dec 2004	0	75	39.86	6.75	$506
Nov 2004	0	192	45.28	6.33	$1,215
Oct 2004	0	405	49.70	6.52	$2,639
Sep 2004	0	350	43.24	5.28	$1,849
Aug 2004	0	501	42.37	5.55	$2,781
Jul 2004	0	378	38.28	6.08	$2,300
Jun 2004	0	395	36.10	6.43	$2,541
May 2004	0	483	37.48	6.49	$3,137
Apr 2004	0	417	34.47	5.86	$2,443
Mar 2004	0	427	34.36	5.53	$2,361
Feb 2004	0	433	32.45	5.51	$2,386
Jan 2004	0	410	32.03	6.30	$2,583
Dec 2003	0	401	30.26	6.30	$2,527
Nov 2003	0	349	28.80	4.60	$1,604
Oct 2003	0	282	28.17	4.76	$1,342
Sep 2003	0	450	26.31	4.75	$2,137
Aug 2003	0	553	29.76	5.13	$2,837
Jul 2003	0	616	29.41	5.17	$3,185
Jun 2003	0	472	28.56	5.98	$2,824
May 2003	0	353	26.59	5.97	$2,108
Apr 2003	0	425	26.67	5.41	$2,298
Mar 2003	0	329	31.14	6.10	$2,006
Feb 2003	0	310	33.48	7.93	$2,457
Jan 2003	0	361	30.31	5.58	$2,015
Dec 2002	0	441	26.91	4.85	$2,141
Nov 2002	0	427	24.66	4.14	$1,766
Oct 2002	0	487	26.46	4.23	$2,060
Sep 2002	0	604	27.44	3.64	$2,196
Aug 2002	0	631	25.96	3.16	$1,997
Jul 2002	0	601	24.58	3.06	$1,840
Jun 2002	0	582	23.73	3.34	$1,943
May 2002	0	1,143	24.66	3.58	$4,097
Apr 2002	0	724	23.65	3.51	$2,543
Mar 2002	0	765	22.00	3.10	$2,374
Feb 2002	0	742	18.22	2.38	$1,763
Jan 2002	0	886	17.17	2.38	$2,105
Dec 2001	0	570	16.93	2.36	$1,348
Nov 2001	0	423	18.07	2.41	$1,018
Oct 2001	0	767	19.78	2.53	$1,940
Sep 2001	0	772	24.26	2.25	$1,738
Aug 2001	0	625	24.87	3.05	$1,908
Jul 2001	0	421	23.93	3.20	$1,346
Jun 2001	0	690	24.56	3.82	$2,639
May 2001	0	1,071	25.52	4.31	$4,613
Apr 2001	0	1,102	24.68	5.34	$5,880
Mar 2001	0	1,208	24.54	5.38	$6,495
Feb 2001	0	752	27.75	5.77	$4,337
Jan 2001	0	807	27.47	8.40	$6,778
Dec 2000	0	699	26.88	9.12	$6,377
Nov 2000	0	696	32.21	5.66	$3,938
Oct 2000	0	1,073	31.23	5.15	$5,521
Sep 2000	0	1,159	31.87	5.19	$6,011
Aug 2000	0	1,175	29.64	4.54	$5,335
Jul 2000	0	1,265	28.53	4.09	$5,174
Jun 2000	0	1,089	29.30	4.40	$4,789
May 2000	0	985	27.26	3.68	$3,625
Apr 2000	0	1,167	24.51	3.12	$3,636
Mar 2000	0	1,182	28.42	2.86	$3,380
Feb 2000	0	969	27.62	2.73	$2,642
Jan 2000	0	1,227	25.27	2.48	$3,044
Dec 1999	0	889	24.28	2.42	$2,155
Nov 1999	0	973	23.19	2.43	$2,368
Oct 1999	0	993	20.98	2.80	$2,784
Sep 1999	0	1,289	21.75	2.62	$3,376
Aug 1999	0	1,075	19.26	2.88	$3,091
Jul 1999	0	778	17.89	2.37	$1,846
Jun 1999	0	836	15.94	2.36	$1,975
May 1999	0	976	15.79	2.32	$2,265
Apr 1999	0	1,036	15.10	2.21	$2,288
Mar 1999	180	1,084	12.47	1.84	$4,237
Feb 1999	0	856	9.98	1.82	$1,556
Jan 1999	0	705	10.38	1.90	$1,339
Dec 1998	0	927	9.20	1.77	$1,644
Nov 1998	0	905	10.89	2.19	$1,978
Oct 1998	0	1,004	12.42	1.97	$1,977
Sep 1998	0	1,020	12.59	2.08	$2,124
Aug 1998	0	1,093	11.30	1.91	$2,085
Jul 1998	0	1,123	11.74	2.24	$2,512
Jun 1998	0	1,098	11.24	2.24	$2,457
May 1998	0	1,047	12.62	2.21	$2,310
Apr 1998	0	923	13.04	2.51	$2,312
Mar 1998	0	1,108	12.80	2.31	$2,559
Feb 1998	0	895	13.95	2.30	$2,058
Jan 1998	0	630	14.70	2.15	$1,358
Dec 1997	0	1,050	16.32	2.41	$2,532
Nov 1997	0	852	18.19	3.09	$2,631
Oct 1997	0	1,114	19.25	3.15	$3,509
Sep 1997	0	1,111	17.74	2.95	$3,283
Aug 1997	0	1,143	17.86	2.55	$2,920
Jul 1997	0	1,130	17.58	2.25	$2,539
Jun 1997	0	1,152	17.24	2.26	$2,600
May 1997	0	992	18.97	2.31	$2,290
Apr 1997	0	991	17.88	2.08	$2,064
Mar 1997	0	959	18.95	1.94	$1,860
Feb 1997	0	1,077	20.49	2.21	$2,376
Jan 1997	0	703	23.48	3.54	$2,488
Dec 1996	0	1,200	23.32	—	$0
Nov 1996	0	1,134	21.97	—	$0
Oct 1996	0	1,261	23.31	—	$0
Sep 1996	0	1,291	22.22	—	$0
Aug 1996	0	1,295	20.26	—	$0
Jul 1996	0	1,344	19.55	—	$0
Jun 1996	0	1,205	18.73	—	$0
May 1996	0	1,185	19.43	—	$0
Apr 1996	0	1,003	21.51	—	$0
Mar 1996	0	1,054	19.38	—	$0
Feb 1996	0	975	16.98	—	$0
Jan 1996	0	997	17.07	—	$0
Dec 1995	0	938	17.19	—	$0
Nov 1995	0	1,075	16.00	—	$0
Oct 1995	0	1,083	15.43	—	$0
Sep 1995	0	980	16.18	—	$0
Aug 1995	0	1,070	15.92	—	$0
Jul 1995	0	1,271	15.24	—	$0
Jun 1995	0	1,223	16.41	—	$0
May 1995	0	1,548	17.56	—	$0
Apr 1995	0	1,432	17.73	—	$0
Mar 1995	0	1,027	16.44	—	$0
Feb 1995	0	589	16.58	—	$0
Jan 1995	0	761	15.92	—	$0
Dec 1994	0	652	15.03	—	$0
Nov 1994	0	706	15.90	—	$0
Oct 1994	0	672	15.58	—	$0
Sep 1994	0	741	15.29	—	$0
Aug 1994	0	936	16.13	—	$0
Jul 1994	0	1,154	17.56	—	$0
Jun 1994	0	1,018	17.09	—	$0
May 1994	0	1,222	15.88	—	$0
Apr 1994	0	947	14.14	—	$0
Mar 1994	0	679	12.46	—	$0
Feb 1994	0	499	12.50	—	$0
Jan 1994	0	621	12.66	—	$0
Dec 1993	0	642	12.33	—	$0
Nov 1993	0	581	14.49	—	$0
Oct 1993	0	871	15.85	—	$0
Sep 1993	0	956	15.03	—	$0
Aug 1993	0	1,026	15.66	—	$0
Jul 1993	17	1,260	15.46	—	$263
Jun 1993	0	1,202	16.79	—	$0
May 1993	0	1,312	17.68	—	$0
Apr 1993	0	341	18.05	—	$0
Mar 1993	0	1,618	18.14	—	$0
Feb 1993	0	1,311	17.90	—	$0
Jan 1993	0	1,760	16.93	—	$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jul 2010 — as filed, then multipliedworked

Condensate             0 bbl  × $ 72.55 =         $0
Gas                  172 Mcf  × $  4.74 =       $815

────────────────────────────────────────────────────
Month total                                     $815

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/120253 is the state's own key, not one this site invented.