SHEPPARD UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 174140District 03Field 34733500CondensateGasSaveExport
Value, all time
$584 k
Aug 1999 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
322
no gaps in the span
Streams
2
condensate, gas

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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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.

StreamBasisVolumeValue
CondensateDisposition3,298 bbl$164,898
GasProduction89,420 Mcf$418,895
Total$583,793

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 30.2378, -96.8317. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23782, -96.83172 · centre of the wells drawn, derived

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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,900 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 8,900 ft.

Completions filed
Oct 1980
1 of 1 wells

1 well

42-2873080418,900 ftOct 1980

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 (322)

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

322 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202308585.443.09$262
Sep 202309689.042.74$263
Aug 202309680.522.67$257
Jul 202309174.852.64$240
Jun 202309668.962.26$217
May 202309570.622.23$212
Apr 202309078.122.24$201
Mar 202309572.852.39$227
Feb 202309175.112.47$224
Jan 202309976.533.39$335
Dec 2022011676.415.73$665
Nov 202207885.005.65$440
Oct 2022010387.185.86$604
Sep 202209484.888.16$767
Aug 202209594.529.13$867
Jul 2022091101.587.54$686
Jun 2022098115.097.98$782
May 20220106109.378.43$894
Apr 20220109104.226.84$745
Mar 20220111108.885.08$563
Feb 202209591.054.86$462
Jan 2022010181.844.54$458
Dec 2021010971.323.90$425
Nov 2021010777.435.24$560
Oct 2021010979.795.71$623
Sep 202108969.865.35$476
Aug 202109066.024.22$380
Jul 202109570.783.98$378
Jun 2021010269.493.38$345
May 2021013063.483.02$392
Apr 202109560.362.76$262
Mar 2021012161.302.72$329
Feb 202108857.805.55$488
Jan 2021011550.412.81$323
Dec 2020011144.642.68$297
Nov 2020011038.772.71$298
Oct 2020011836.972.48$292
Sep 2020011137.091.99$221
Aug 2020011539.982.39$274
Jul 2020011338.371.83$206
Jun 2020011334.901.69$191
May 2020012216.921.81$221
Apr 2020011814.751.80$213
Mar 2020012630.341.86$234
Feb 2020011049.881.98$218
Jan 2020011857.252.09$247
Dec 2019011859.012.30$272
Nov 2019012455.302.75$341
Oct 2019012853.472.42$310
Sep 2019011855.052.66$314
Aug 2019012853.112.30$295
Jul 2019012856.272.46$315
Jun 2019012452.782.49$309
May 2019015158.482.74$414
Apr 2019012962.632.75$355
Mar 2019013256.803.06$404
Feb 2019012150.852.79$338
Jan 2019012446.033.23$400
Dec 2018012246.594.19$511
Nov 2018012752.934.24$538
Oct 2018013261.443.40$449
Sep 2018012659.543.11$392
Aug 2018012359.403.07$377
Jul 2018012665.142.93$369
Jun 2018012360.183.08$378
May 2018012565.382.90$363
Apr 2018011863.842.90$342
Mar 2018012861.222.79$357
Feb 2018011061.782.77$304
Jan 2018012262.874.01$489
Dec 2017012157.272.92$354
Nov 2017012055.423.12$374
Oct 2017010249.292.98$304
Sep 2017015647.523.09$482
Aug 201707445.373.00$222
Jul 201708643.873.09$266
Jun 201709542.493.09$293
May 2017010145.373.26$330
Apr 201709347.933.21$299
Mar 201708846.772.98$263
Feb 201709650.452.95$283
Jan 201709349.413.42$318
Dec 201608448.763.72$313
Nov 201608742.492.64$230
Oct 201609046.193.09$278
Sep 201609441.553.10$291
Aug 2016010041.442.92$292
Jul 201608641.622.92$251
Jun 201606545.352.69$175
May 201607142.521.99$141
Apr 201606636.561.99$131
Mar 201606533.011.79$117
Feb 201607626.472.06$157
Jan 201606727.352.36$158
Dec 201506232.362.00$124
Nov 201505638.792.17$121
Oct 201504143.552.43$99
Sep 201505142.992.76$141
Aug 201509240.162.87$264
Jul 201507248.152.95$212
Jun 201504656.152.88$133
May 201506555.212.96$192
Apr 201507749.822.71$208
Mar 201508042.892.93$235
Feb 201507444.662.98$220
Jan 201508243.433.10$254
Dec 201408554.693.59$305
Nov 201409270.464.25$391
Oct 201409778.303.90$378
Sep 201409086.164.05$364
Aug 2014011489.394.04$460
Jul 2014017296.564.18$719
Jun 2014013598.164.74$639
May 2014013794.734.73$648
Apr 2014013595.944.81$649
Mar 2014014295.895.06$718
Feb 2014012897.406.19$793
Jan 2014013390.404.86$646
Dec 2013014691.824.35$636
Nov 2013015788.853.74$587
Oct 2013019997.423.78$752
Sep 20130201104.113.72$747
Aug 20130203104.253.52$715
Jul 20130202102.523.72$751
Jun 2013021794.403.93$854
May 2013031194.834.15$1,290
Apr 2013013793.964.28$587
Mar 2013020293.623.91$790
Feb 2013015991.233.42$544
Jan 2013022491.603.42$766
Dec 2012022086.773.42$752
Nov 2012023686.953.62$855
Oct 2012022189.383.40$751
Sep 201217621094.672.92$17,275
Aug 2012021192.662.91$614
Jul 2012021285.133.02$640
Jun 2012020779.822.52$521
May 2012021691.612.49$537
Apr 20120200101.652.00$399
Mar 20120210105.052.22$467
Feb 20120208101.102.57$535
Jan 2012021498.092.73$585
Dec 2011022896.873.24$739
Nov 2011022595.723.31$745
Oct 2011022884.983.65$832
Sep 2011022583.623.99$897
Aug 2011022483.404.15$929
Jul 2011023894.144.52$1,075
Jun 2011020892.904.64$965
May 2011023298.134.40$1,022
Apr 20110202105.964.33$875
Mar 201117320796.364.06$17,510
Feb 2011016985.644.18$706
Jan 2011019786.504.59$904
Dec 2010021085.734.35$913
Nov 2010019980.843.80$755
Oct 2010010478.103.51$365
Sep 2010018372.633.98$728
Aug 2010019873.684.42$875
Jul 2010020372.554.74$962
Jun 2010019370.364.91$948
May 2010017071.124.24$720
Apr 2010016981.694.12$697
Mar 2010015678.394.39$685
Feb 2010015073.585.44$816
Jan 2010016374.365.96$972
Dec 2009016771.445.48$916
Nov 200918415974.593.75$14,321
Oct 2009012272.544.11$501
Sep 2009021065.543.06$644
Aug 2009022367.423.22$718
Jul 2009023261.133.46$804
Jun 2009023266.163.90$904
May 2009022254.743.93$872
Apr 2009019846.773.59$710
Mar 2009019942.144.06$808
Feb 2009020632.814.63$954
Jan 2009017635.865.37$945
Dec 2008018337.105.98$1,094
Nov 200819013255.496.86$11,449
Oct 2008020575.246.92$1,419
Sep 20080202101.767.88$1,591
Aug 20080180114.228.48$1,527
Jul 20080175131.0811.39$1,993
Jun 20080161131.3313.03$2,098
May 20080165123.1711.57$1,910
Apr 2008196160110.3110.45$23,294
Mar 20080177101.909.66$1,711
Feb 2008014192.538.77$1,237
Jan 2008022990.388.21$1,879
Dec 2007033888.337.30$2,468
Nov 20079323091.677.29$10,202
Oct 2007029282.856.92$2,021
Sep 2007029175.846.24$1,817
Aug 2007032669.066.39$2,082
Jul 2007035270.906.39$2,249
Jun 2007035462.007.55$2,672
May 2007036258.747.85$2,840
Apr 200719235059.617.81$14,177
Mar 2007036356.927.30$2,651
Feb 2007030355.108.22$2,489
Jan 2007037250.306.73$2,502
Dec 2006038056.656.92$2,629
Nov 2006037854.207.62$2,879
Oct 2006039054.906.01$2,345
Sep 2006038660.085.04$1,944
Aug 2006040968.717.34$3,002
Jul 2006032569.376.34$2,061
Jun 2006037766.286.38$2,407
May 2006041666.016.42$2,673
Apr 2006039764.397.36$2,922
Mar 200618939956.707.08$13,542
Feb 2006034957.597.75$2,705
Jan 2006037360.598.93$3,332
Dec 2005037554.9413.42$5,031
Nov 2005037754.6910.59$3,992
Oct 2005038558.3413.80$5,311
Sep 2005040461.4512.08$4,880
Aug 2005042561.519.80$4,164
Jul 2005040955.697.84$3,208
Jun 2005040152.337.38$2,960
May 2005042445.226.65$2,820
Apr 2005042149.207.36$3,099
Mar 2005043650.377.15$3,120
Feb 200517737245.226.31$10,352
Jan 2005041543.166.32$2,624
Dec 2004043039.866.75$2,903
Nov 2004043045.286.33$2,722
Oct 2004048049.706.52$3,127
Sep 2004039343.245.28$2,077
Aug 2004047542.375.55$2,637
Jul 200417947138.286.08$9,718
Jun 2004044436.106.43$2,856
May 2004050337.486.49$3,267
Apr 2004050134.475.86$2,935
Mar 2004050334.365.53$2,782
Feb 2004049132.455.51$2,705
Jan 2004053832.036.30$3,389
Dec 2003052430.266.30$3,302
Nov 2003052028.804.60$2,389
Oct 2003053128.174.76$2,527
Sep 2003052726.314.75$2,503
Aug 200317455329.765.13$8,015
Jul 2003055829.415.17$2,885
Jun 2003051828.565.98$3,099
May 2003056026.595.97$3,345
Apr 2003057126.675.41$3,088
Mar 200318258431.146.10$9,228
Feb 2003155033.487.93$4,393
Jan 2003060630.315.58$3,383
Dec 2002061726.914.85$2,995
Nov 2002076024.664.14$3,144
Oct 2002074926.464.23$3,168
Sep 200218265027.443.64$7,357
Aug 2002065825.963.16$2,082
Jul 2002073424.583.06$2,247
Jun 2002069423.733.34$2,317
May 2002084824.663.58$3,039
Apr 2002082523.653.51$2,898
Mar 2002085922.003.10$2,665
Feb 2002078318.222.38$1,860
Jan 2002090517.172.38$2,150
Dec 2001096716.932.36$2,286
Nov 2001097318.072.41$2,341
Oct 200135597719.782.53$9,493
Sep 2001088324.262.25$1,988
Aug 2001098724.873.05$3,013
Jul 2001096823.933.20$3,095
Jun 2001098724.563.82$3,774
May 2001098825.524.31$4,256
Apr 2001092524.685.34$4,935
Mar 2001071324.545.38$3,833
Feb 2001070627.755.77$4,072
Jan 2001074827.478.40$6,282
Dec 2000079726.889.12$7,271
Nov 2000080132.215.66$4,532
Oct 200017983831.235.15$9,902
Sep 2000085231.875.19$4,419
Aug 2000087429.644.54$3,969
Jul 2000087828.534.09$3,591
Jun 2000047429.304.40$2,084
May 200001,01527.263.68$3,735
Apr 200017990824.513.12$7,217
Mar 200001,21428.422.86$3,472
Feb 200001,16827.622.73$3,185
Jan 20001801,31825.272.48$7,818
Dec 199901,41824.282.42$3,437
Nov 19991172,02523.192.43$7,642
Oct 1999093320.982.80$2,616
Sep 1999097921.752.62$2,564
Aug 199901,14019.262.88$3,278

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.

Oct 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.44 =         $0
Gas                   85 Mcf  × $  3.09 =       $262

────────────────────────────────────────────────────
Month total                                     $262

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. 03/G/174140 is the state's own key, not one this site invented.