SHEPHARD, HENRY (T-560-2)

Operated by BETRO, INC. (P-5 68324) in the NOACK COWHERD, NE (3400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12068District 03Field 65611500NGPA filingOilCasinghead gasSaveExport
Value, all time
$629 k
Jan 1993 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 8 leases and 12 wells, and the rule below applies to all of them.

Discovered
1978-04-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

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.

StreamBasisVolumeValue
OilDisposition11,772 bbl$521,496
Casinghead gasProduction32,423 Mcf$107,746
Total$629,243

5,979 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 30.5479, -96.9008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.54792, -96.90076 · 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
3,518 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 3,518 ft.

Completions filed
Oct 1978
1 of 1 wells

1 well

42-0513035113,518 ftOct 1978

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 (401)

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

401 months

May 20268961106.413.05$9,656
Apr 202608098.932.87$230
Mar 202616089.753.15$279
Feb 202606363.503.75$236
Jan 20261762159.138.00$10,575
Dec 202501256.664.41$53
Nov 202502858.593.93$110
Oct 202522759.383.30$208
Sep 202502662.743.08$80
Aug 202502463.933.01$72
Jul 2025011866.743.32$391
Jun 2025010066.483.13$313
May 2025010660.553.23$343
Apr 2025010662.363.54$376
Mar 202507467.704.27$316
Feb 202507470.884.34$321
Jan 2025111074.324.28$8,250
Dec 202404868.993.12$150
Nov 202406869.052.20$149
Oct 202404171.372.28$94
Sep 202407969.612.36$187
Aug 202407975.632.06$163
Jul 202406679.932.15$142
Jun 202408978.082.63$234
May 20241797578.812.20$14,272
Apr 202402984.451.66$48
Mar 202408180.301.55$125
Feb 202408076.091.78$143
Jan 202407573.023.30$247
Dec 202307071.262.61$183
Nov 202309577.892.81$267
Oct 202307885.443.09$241
Sep 20231726889.042.74$15,501
Aug 202309580.522.67$254
Jul 202306974.852.64$182
Jun 202306868.962.26$154
May 20230070.622.23$0
Apr 2023010878.122.24$242
Mar 202307472.852.39$177
Feb 202307275.112.47$178
Jan 20231797576.533.39$13,953
Dec 202207176.415.73$407
Nov 202207685.005.65$429
Oct 202207487.185.86$434
Sep 2022799584.888.16$7,481
Aug 202208394.529.13$758
Jul 2022058101.587.54$437
Jun 2022075115.097.98$598
May 2022041109.378.43$346
Apr 2022031104.226.84$212
Mar 2022051108.885.08$259
Feb 2022183991.054.86$16,706
Jan 202204981.844.54$222
Dec 202102171.323.90$82
Nov 202102877.435.24$147
Oct 20210079.795.71$0
Sep 202105169.865.35$273
Aug 202104066.024.22$169
Jul 202103370.783.98$131
Jun 202109569.493.38$321
May 202103463.483.02$103
Apr 20211031160.362.76$6,247
Mar 202107461.302.72$201
Feb 202101857.805.55$100
Jan 202104250.412.81$118
Dec 202005444.642.68$144
Nov 202001238.772.71$32
Oct 202004636.972.48$114
Sep 2020898337.091.99$3,466
Aug 202007739.982.39$184
Jul 20201711238.371.83$6,583
Jun 202004034.901.69$68
May 20200916.921.81$16
Apr 202004414.751.80$79
Mar 202007430.341.86$137
Feb 202008949.881.98$176
Jan 202007357.252.09$153
Dec 201901759.012.30$39
Nov 201903655.302.75$99
Oct 201905153.472.42$123
Sep 201903355.052.66$88
Aug 201907653.112.30$175
Jul 201903856.272.46$93
Jun 20191816152.782.49$9,705
May 201902458.482.74$66
Apr 201905262.632.75$143
Mar 201903856.803.06$116
Feb 201902950.852.79$81
Jan 201904346.033.23$139
Dec 20181923746.594.19$9,100
Nov 201803352.934.24$140
Oct 201807361.443.40$248
Sep 201807259.543.11$224
Aug 201816659.403.07$262
Jul 201807665.142.93$223
Jun 2018010160.183.08$311
May 201805465.382.90$157
Apr 201809763.842.90$281
Mar 20181787361.222.79$11,101
Feb 201808261.782.77$227
Jan 201816362.874.01$315
Dec 201707957.272.92$231
Nov 201709755.423.12$302
Oct 201709249.292.98$275
Sep 201705547.523.09$170
Aug 2017013745.373.00$412
Jul 201717312143.873.09$7,963
Jun 2017011342.493.09$349
May 2017011045.373.26$359
Apr 201703447.933.21$109
Mar 201708146.772.98$242
Feb 201707750.452.95$227
Jan 201708049.413.42$274
Dec 201605548.763.72$205
Nov 201607342.492.64$193
Oct 201604946.193.09$151
Sep 201603341.553.10$102
Aug 201607841.442.92$228
Jul 20161754341.622.92$7,409
Jun 201608745.352.69$234
May 201606342.521.99$125
Apr 201607236.561.99$143
Mar 201603733.011.79$66
Feb 201609726.472.06$200
Jan 201602127.352.36$50
Dec 201518432.362.00$200
Nov 201505638.792.17$121
Oct 201508443.552.43$204
Sep 201507942.992.76$218
Aug 20151806640.162.87$7,418
Jul 201508548.152.95$250
Jun 201509056.152.88$259
May 201509355.212.96$275
Apr 201506449.822.71$173
Mar 201504842.892.93$141
Feb 201504644.662.98$137
Jan 201502343.433.10$71
Dec 20141707154.693.59$9,552
Nov 201405470.464.25$230
Oct 201409978.303.90$386
Sep 201404086.164.05$162
Aug 20140089.394.04$0
Jul 201402496.564.18$100
Jun 201403398.164.74$156
May 201405994.734.73$279
Apr 201405395.944.81$255
Mar 20141805495.895.06$17,533
Feb 201406097.406.19$372
Jan 201405190.404.86$248
Dec 201303291.824.35$139
Nov 201306188.853.74$228
Oct 201307797.423.78$291
Sep 2013022104.113.72$82
Aug 2013061104.253.52$215
Jul 201317654102.523.72$18,244
Jun 201308094.403.93$315
May 201307194.834.15$295
Apr 201308193.964.28$347
Mar 201305793.623.91$223
Feb 201307091.233.42$239
Jan 201306391.603.42$215
Dec 201205786.773.42$195
Nov 201206686.953.62$239
Oct 201206889.383.40$231
Sep 201207094.672.92$204
Aug 201217811892.662.91$16,837
Jul 201208285.133.02$248
Jun 201207479.822.52$186
May 20120791.612.49$17
Apr 2012055101.652.00$110
Mar 2012065105.052.22$144
Feb 2012080101.102.57$206
Jan 201206598.092.73$178
Dec 201106296.873.24$201
Nov 20111747195.723.31$16,890
Oct 201105484.983.65$197
Sep 201105883.623.99$231
Aug 201105083.404.15$207
Jul 201107394.144.52$330
Jun 201108592.904.64$394
May 201108098.134.40$352
Apr 2011049105.964.33$212
Mar 201108396.364.06$337
Feb 20111747785.644.18$15,223
Jan 201107586.504.59$344
Dec 201003685.734.35$157
Nov 201005580.843.80$209
Oct 201005278.103.51$182
Sep 201007272.633.98$287
Aug 201006673.684.42$292
Jul 201006472.554.74$303
Jun 201007470.364.91$363
May 20101715071.124.24$12,373
Apr 201003581.694.12$144
Mar 201003578.394.39$154
Feb 20100373.585.44$16
Jan 201004074.365.96$239
Dec 200902271.445.48$121
Nov 200904874.593.75$180
Oct 20091796772.544.11$13,260
Sep 200903265.543.06$98
Aug 200904667.423.22$148
Jul 200907261.133.46$249
Jun 200907266.163.90$280
May 200904054.743.93$157
Apr 20091772346.773.59$8,361
Mar 200905242.144.06$211
Feb 200905232.814.63$241
Jan 200905735.865.37$306
Dec 200805637.105.98$335
Nov 200808755.496.86$597
Oct 200808075.246.92$554
Sep 200800101.767.88$0
Aug 2008078114.228.48$662
Jul 200818266131.0811.39$24,608
Jun 2008067131.3313.03$873
May 2008063123.1711.57$729
Apr 2008087110.3110.45$910
Mar 2008075101.909.66$725
Feb 200806192.538.77$535
Jan 20081857790.388.21$17,352
Dec 200707388.337.30$533
Nov 200707691.677.29$554
Oct 200706282.856.92$429
Sep 200706275.846.24$387
Aug 200707869.066.39$498
Jul 2007184070.906.39$13,046
Jun 200706662.007.55$498
May 200707758.747.85$604
Apr 200707559.617.81$585
Mar 200708656.927.30$628
Feb 20071788255.108.22$10,482
Jan 200707950.306.73$531
Dec 200607656.656.92$526
Nov 200605554.207.62$419
Oct 200608254.906.01$493
Sep 20061857260.085.04$11,477
Aug 200608568.717.34$624
Jul 200609469.376.34$596
Jun 200606666.286.38$421
May 200607766.016.42$495
Apr 20061778764.397.36$12,037
Mar 200608956.707.08$630
Feb 200608157.597.75$628
Jan 200607060.598.93$625
Dec 200513754.9413.42$551
Nov 20050854.6910.59$85
Oct 2005012458.3413.80$1,711
Sep 200507361.4512.08$882
Aug 20051838861.519.80$12,118
Jul 200509255.697.84$722
Jun 200507452.337.38$546
May 200518245.226.65$591
Apr 200517749.207.36$616
Mar 20051857250.377.15$9,834
Feb 200507945.226.31$499
Jan 200507943.166.32$499
Dec 20040039.866.75$0
Nov 200408645.286.33$544
Oct 200408849.706.52$573
Sep 20041826943.245.28$8,234
Aug 200409142.375.55$505
Jul 200409238.286.08$560
Jun 200409436.106.43$605
May 200409237.486.49$598
Apr 200408534.475.86$498
Mar 20041829034.365.53$6,751
Feb 200408632.455.51$474
Jan 200407432.036.30$466
Dec 20030030.266.30$0
Nov 200308128.804.60$372
Oct 20031849028.174.76$5,612
Sep 200319626.314.75$482
Aug 2003010129.765.13$518
Jul 200308329.415.17$429
Jun 200308928.565.98$532
May 200318210926.595.97$5,490
Apr 200309126.675.41$492
Mar 200309331.146.10$567
Feb 200306833.487.93$539
Jan 200308430.315.58$469
Dec 20022006926.914.85$5,717
Nov 2002010324.664.14$426
Oct 2002010926.464.23$461
Sep 200208227.443.64$298
Aug 2002010925.963.16$345
Jul 2002176024.583.06$4,326
Jun 2002011323.733.34$377
May 200209624.663.58$344
Apr 200209623.653.51$337
Mar 200209622.003.10$298
Feb 20021948018.222.38$3,725
Jan 2002010917.172.38$259
Dec 20010016.932.36$0
Nov 200109718.072.41$233
Oct 2001010419.782.53$263
Sep 20011928724.262.25$4,854
Aug 200108524.873.05$260
Jul 200109123.933.20$291
Jun 2001010924.563.82$417
May 2001010725.524.31$461
Apr 200109324.685.34$496
Mar 20011869424.545.38$5,070
Feb 200105227.755.77$300
Jan 2001010527.478.40$882
Dec 2000012626.889.12$1,149
Nov 200009832.215.66$554
Oct 200008931.235.15$458
Sep 200017912431.875.19$6,348
Aug 200009829.644.54$445
Jul 2000012228.534.09$499
Jun 2000013129.304.40$576
May 200018912727.263.68$5,619
Apr 200002924.513.12$90
Mar 200005228.422.86$149
Feb 200005727.622.73$155
Jan 200014514325.272.48$4,019
Dec 1999015724.282.42$381
Nov 199909023.192.43$219
Oct 199917311320.982.80$3,946
Sep 1999012621.752.62$330
Aug 1999013819.262.88$397
Jul 1999013117.892.37$311
Jun 199917513615.942.36$3,111
May 1999014615.792.32$339
Apr 1999014715.102.21$325
Mar 1999113312.471.84$257
Feb 19991651249.981.82$1,872
Jan 1999114810.381.90$292
Dec 199801489.201.77$262
Nov 199818115510.892.19$2,310
Oct 1998016712.421.97$329
Sep 1998013912.592.08$289
Aug 1998012111.301.91$231
Jul 199817613811.742.24$2,375
Jun 1998013511.242.24$302
May 1998116112.622.21$368
Apr 1998016613.042.51$416
Mar 199818916712.802.31$2,805
Feb 1998014313.952.30$329
Jan 1998018314.702.15$394
Dec 199718619216.322.41$3,498
Nov 1997018118.193.09$559
Oct 1997017819.253.15$561
Sep 199718115517.742.95$3,669
Aug 1997016517.862.55$422
Jul 19970017.582.25$0
Jun 1997015517.242.26$350
May 199717619118.972.31$3,780
Apr 1997018817.882.08$392
Mar 1997015718.951.94$304
Feb 1997016520.492.21$364
Jan 199713518123.483.54$3,810
Dec 1996013823.32$0
Nov 199607321.97$0
Oct 1996012223.31$0
Sep 199617914822.22$3,977
Aug 1996019620.26$0
Jul 1996017119.55$0
Jun 199618317618.73$3,428
May 1996016119.43$0
Apr 1996015021.51$0
Mar 199618220419.38$3,527
Feb 1996017416.98$0
Jan 1996219117.07$34
Dec 199518618017.19$3,197
Nov 1995017316.00$0
Oct 1995015915.43$0
Sep 199518517516.18$2,993
Aug 1995019315.92$0
Jul 1995019315.24$0
Jun 199518319316.41$3,003
May 1995020017.56$0
Apr 1995014617.73$0
Mar 1995014016.44$0
Feb 19954411716.58$730
Jan 19951229915.92$1,942
Dec 1994011415.03$0
Nov 1994010015.90$0
Oct 1994012915.58$0
Sep 199410217215.29$1,560
Aug 199416316516.13$2,629
Jul 199417413317.56$3,055
Jun 19940117.09$0
May 19940115.88$0
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 199402012.66$0
Dec 1993016612.33$0
Nov 199317916814.49$2,594
Oct 1993013215.85$0
Sep 19930215.03$0
Aug 19930915.66$0
Jul 199312711615.46$1,963
Jun 1993014016.79$0
May 1993011017.68$0
Apr 199310913918.05$1,967
Mar 1993013018.14$0
Feb 19936312717.90$1,128
Jan 199303016.93$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.

May 2026 — as filed, then multipliedworked
Oil                   89 bbl  × $106.41 =     $9,470
Casinghead gas        61 Mcf  × $  3.05 =       $186

────────────────────────────────────────────────────
Month total                                   $9,656

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/O/12068 is the state's own key, not one this site invented.