SHEPPARD, B. ET AL

Operated by EQV OPERATING LLC (P-5 101634) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 115043District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$4.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
401
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
NGPA1none

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
CondensateDisposition3,365 bbl$108,759
GasProduction1,500,399 Mcf$4,503,435
Total$4,612,194

424,443 Mcf of this lease's gas, across 46 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 32.3714, -94.5047. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37139, -94.50467 · 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
10,300 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 10,300 ft.

Completions filed
Sep 1984
1 of 1 wells

1 well

42-40131868110,300 ftSep 1984

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 202601,510106.413.05$4,599
Apr 202602,02298.932.87$5,803
Mar 202601,69189.753.15$5,326
Feb 20260063.503.75$0
Jan 202601,51159.138.00$12,085
Dec 202501,56056.664.41$6,885
Nov 202501,50458.593.93$5,905
Oct 202501,68559.383.30$5,569
Sep 202501,40562.743.08$4,323
Aug 202502,23163.933.01$6,726
Jul 202501,31366.743.32$4,353
Jun 202501,24366.483.13$3,889
May 202501,40960.553.23$4,554
Apr 202501,60862.363.54$5,697
Mar 202501,15567.704.27$4,930
Feb 202501,39670.884.34$6,060
Jan 202501,54274.324.28$6,598
Dec 202401,99668.993.12$6,230
Nov 202401,70369.052.20$3,744
Oct 202401,39571.372.28$3,183
Sep 202401,37869.612.36$3,258
Aug 202401,53075.632.06$3,157
Jul 202401,43179.932.15$3,072
Jun 202401,39378.082.63$3,669
May 202401,49978.812.20$3,295
Apr 202401,54784.451.66$2,567
Mar 202401,48880.301.55$2,299
Feb 202401,45276.091.78$2,590
Jan 202401,57873.023.30$5,204
Dec 202301,48371.262.61$3,872
Nov 202301,53277.892.81$4,301
Oct 202301,53385.443.09$4,733
Sep 202301,52389.042.74$4,165
Aug 2023561,62780.522.67$8,858
Jul 202301,57274.852.64$4,153
Jun 202301,57968.962.26$3,566
May 202301,68470.622.23$3,751
Apr 202301,68178.122.24$3,762
Mar 202301,74872.852.39$4,183
Feb 202301,78475.112.47$4,399
Jan 202312,62676.533.39$8,973
Dec 202201,84476.415.73$10,564
Nov 202201,49485.005.65$8,435
Oct 202201,58487.185.86$9,288
Sep 202201,61384.888.16$13,168
Aug 202201,63494.529.13$14,914
Jul 202201,720101.587.54$12,972
Jun 202201,721115.097.98$13,729
May 202201,821109.378.43$15,357
Apr 202201,707104.226.84$11,672
Mar 202201,714108.885.08$8,701
Feb 202201,67591.054.86$8,139
Jan 202201,86781.844.54$8,472
Dec 202101,94571.323.90$7,584
Nov 202102,37177.435.24$12,417
Oct 202102,40979.795.71$13,765
Sep 202101,60469.865.35$8,583
Aug 202101,69366.024.22$7,145
Jul 202101,72170.783.98$6,853
Jun 202101,65469.493.38$5,592
May 202101,70963.483.02$5,157
Apr 202101,66160.362.76$4,582
Mar 202101,72161.302.72$4,676
Feb 202101,60257.805.55$8,888
Jan 202101,83150.412.81$5,146
Dec 2020832,12244.642.68$9,382
Nov 202001,97038.772.71$5,332
Oct 202001,88936.972.48$4,682
Sep 202001,83437.091.99$3,652
Aug 202002,08139.982.39$4,963
Jul 202002,58938.371.83$4,725
Jun 202002,52134.901.69$4,261
May 202001,76016.921.81$3,194
Apr 202001,70914.751.80$3,084
Mar 202001,80930.341.86$3,358
Feb 202001,71849.881.98$3,403
Jan 202001,83257.252.09$3,838
Dec 201901,84559.012.30$4,252
Nov 201901,84355.302.75$5,070
Oct 201901,89353.472.42$4,578
Sep 201901,96455.052.66$5,219
Aug 201902,29353.112.30$5,284
Jul 201902,47556.272.46$6,089
Jun 201901,95552.782.49$4,870
May 201902,45758.482.74$6,733
Apr 201901,91662.632.75$5,270
Mar 201902,12456.803.06$6,504
Feb 201902,16750.852.79$6,051
Jan 201902,48146.033.23$8,009
Dec 201802,05146.594.19$8,584
Nov 201802,12852.934.24$9,017
Oct 201802,25261.443.40$7,652
Sep 201801,73059.543.11$5,377
Aug 201802,13559.403.07$6,547
Jul 201802,24565.142.93$6,582
Jun 201802,48560.183.08$7,646
May 2018852,70865.382.90$13,413
Apr 201802,38063.842.90$6,904
Mar 201802,39861.222.79$6,683
Feb 201802,15961.782.77$5,972
Jan 201802,67962.874.01$10,741
Dec 201702,97357.272.92$8,686
Nov 201703,29655.423.12$10,278
Oct 201703,50649.292.98$10,461
Sep 201703,53847.523.09$10,923
Aug 201703,38445.373.00$10,167
Jul 201703,35143.873.09$10,345
Jun 201701,93742.493.09$5,980
May 201701,86245.373.26$6,076
Apr 201701,73647.933.21$5,575
Mar 201701,76646.772.98$5,269
Feb 201701,71750.452.95$5,070
Jan 201701,80149.413.42$6,157
Dec 201601,88448.763.72$7,014
Nov 2016641,78042.492.64$7,426
Oct 201611,85446.193.09$5,776
Sep 201601,88141.553.10$5,832
Aug 201602,01941.442.92$5,904
Jul 201601,87441.622.92$5,480
Jun 201601,85645.352.69$4,985
May 201601,80742.521.99$3,598
Apr 201611,75836.561.99$3,537
Mar 201601,51133.011.79$2,711
Feb 201601,43726.472.06$2,965
Jan 201601,52127.352.36$3,596
Dec 201501,52532.362.00$3,052
Nov 201501,47738.792.17$3,201
Oct 201501,52843.552.43$3,708
Sep 201501,47342.992.76$4,063
Aug 201501,57340.162.87$4,518
Jul 201501,53148.152.95$4,509
Jun 201501,53556.152.88$4,425
May 201501,73155.212.96$5,116
Apr 201501,70449.822.71$4,612
Mar 201501,73742.892.93$5,098
Feb 201501,67244.662.98$4,976
Jan 201502,06143.433.10$6,390
Dec 20141042,23554.693.59$13,714
Nov 201402,21270.464.25$9,405
Oct 201402,63178.303.90$10,263
Sep 201402,53286.164.05$10,243
Aug 201402,07889.394.04$8,385
Jul 201401,49896.564.18$6,261
Jun 201401,45298.164.74$6,878
May 201401,50994.734.73$7,132
Apr 201401,52695.944.81$7,339
Mar 201401,56195.895.06$7,894
Feb 201401,37797.406.19$8,526
Jan 201401,61390.404.86$7,840
Dec 201301,71591.824.35$7,468
Nov 201301,73988.853.74$6,501
Oct 201301,87097.423.78$7,067
Sep 201301,644104.113.72$6,112
Aug 201301,761104.253.52$6,203
Jul 201301,879102.523.72$6,986
Jun 201301,78294.403.93$7,009
May 201302,10394.834.15$8,726
Apr 201312,06693.964.28$8,942
Mar 201312,18393.623.91$8,635
Feb 201301,90591.233.42$6,515
Jan 201302,02891.603.42$6,936
Dec 201201,96786.773.42$6,727
Nov 201202,03986.953.62$7,391
Oct 201202,18189.383.40$7,415
Sep 2012832,11494.672.92$14,027
Aug 201202,20892.662.91$6,421
Jul 201202,22685.133.02$6,724
Jun 201202,21679.822.52$5,582
May 201202,30291.612.49$5,728
Apr 201202,332101.652.00$4,657
Mar 201202,365105.052.22$5,255
Feb 201201,953101.102.57$5,020
Jan 201202,10298.092.73$5,747
Dec 201102,01696.873.24$6,531
Nov 201102,11895.723.31$7,013
Oct 201102,34584.983.65$8,556
Sep 201102,17183.623.99$8,653
Aug 201102,33283.404.15$9,676
Jul 201102,46294.144.52$11,121
Jun 201103,01592.904.64$13,989
May 201101,87598.134.40$8,259
Apr 201102,805105.964.33$12,155
Mar 201103,18996.364.06$12,939
Feb 201102,25485.644.18$9,422
Jan 201102,63986.504.59$12,110
Dec 201002,69385.734.35$11,708
Nov 201002,50180.843.80$9,492
Oct 201002,67978.103.51$9,400
Sep 20101653,11572.633.98$24,380
Aug 201003,07473.684.42$13,585
Jul 201002,87172.554.74$13,598
Jun 201002,39570.364.91$11,760
May 201002,31271.124.24$9,792
Apr 201002,23081.694.12$9,194
Mar 201002,43478.394.39$10,682
Feb 201002,29773.585.44$12,501
Jan 201003,16974.365.96$18,900
Dec 200903,35571.445.48$18,398
Nov 200903,14374.593.75$11,791
Oct 200903,62572.544.11$14,900
Sep 200902,06965.543.06$6,341
Aug 200902,33967.423.22$7,528
Jul 200901,83561.133.46$6,357
Jun 200902,15566.163.90$8,394
May 200902,31354.743.93$9,080
Apr 200902,36746.773.59$8,492
Mar 200902,41442.144.06$9,798
Feb 200902,38632.814.63$11,054
Jan 20091642,56835.865.37$19,674
Dec 200802,89337.105.98$17,292
Nov 200803,24055.496.86$22,228
Oct 200803,37875.246.92$23,382
Sep 200803,190101.767.88$25,128
Aug 200802,423114.228.48$20,554
Jul 200802,437131.0811.39$27,756
Jun 200802,439131.3313.03$31,787
May 200802,559123.1711.57$29,619
Apr 200802,903110.3110.45$30,350
Mar 200803,270101.909.66$31,602
Feb 200803,23392.538.77$28,355
Jan 200803,46690.388.21$28,441
Dec 200703,74388.337.30$27,331
Nov 200703,72491.677.29$27,154
Oct 200703,80582.856.92$26,338
Sep 200703,48075.846.24$21,730
Aug 200702,92269.066.39$18,666
Jul 200703,36570.906.39$21,495
Jun 200703,15862.007.55$23,838
May 200702,67658.747.85$20,997
Apr 200703,29659.617.81$25,726
Mar 20071613,16556.927.30$32,275
Feb 200702,95855.108.22$24,303
Jan 200703,77350.306.73$25,380
Dec 200603,02756.656.92$20,942
Nov 200603,71854.207.62$28,322
Oct 200601,35154.906.01$8,125
Sep 200601,97860.085.04$9,964
Aug 200602,71168.717.34$19,899
Jul 200603,03969.376.34$19,276
Jun 200603,40166.286.38$21,712
May 200603,43966.016.42$22,096
Apr 200603,51664.397.36$25,879
Mar 200605,16256.707.08$36,562
Feb 200633,72957.597.75$29,077
Jan 200604,33660.598.93$38,735
Dec 200504,08554.9413.42$54,802
Nov 200503,26954.6910.59$34,613
Oct 200502,52958.3413.80$34,889
Sep 200502,83461.4512.08$34,232
Aug 200504,05861.519.80$39,756
Jul 20051723,02155.697.84$33,274
Jun 200505,20052.337.38$38,381
May 200502,80645.226.65$18,663
Apr 200502,61549.207.36$19,248
Mar 200503,02950.377.15$21,672
Feb 200502,70045.226.31$17,042
Jan 200502,79343.166.32$17,658
Dec 200402,83639.866.75$19,146
Nov 200402,91745.286.33$18,466
Oct 200403,08949.706.52$20,125
Sep 200402,83543.245.28$14,980
Aug 200402,57642.375.55$14,299
Jul 200402,65938.286.08$16,178
Jun 200403,02436.106.43$19,453
May 200403,34637.486.49$21,731
Apr 200403,62634.475.86$21,243
Mar 200403,58534.365.53$19,826
Feb 200403,10832.455.51$17,124
Jan 200404,33632.036.30$27,315
Dec 200304,19830.266.30$26,454
Nov 200304,32628.804.60$19,879
Oct 200305,13828.174.76$24,455
Sep 200304,59526.314.75$21,823
Aug 200305,73029.765.13$29,393
Jul 200305,04729.415.17$26,097
Jun 200304,63328.565.98$27,719
May 200304,69026.595.97$28,012
Apr 200304,44226.675.41$24,019
Mar 20031724,30531.146.10$31,600
Feb 200303,72933.487.93$29,556
Jan 200303,91430.315.58$21,848
Dec 200204,11226.914.85$19,959
Nov 200203,80424.664.14$15,737
Oct 200203,90326.464.23$16,506
Sep 200203,35327.443.64$12,189
Aug 200203,47925.963.16$11,008
Jul 200203,74724.583.06$11,472
Jun 200204,38823.733.34$14,648
May 200204,37924.663.58$15,694
Apr 200204,84523.653.51$17,017
Mar 200204,11722.003.10$12,774
Feb 200203,59018.222.38$8,529
Jan 200203,63517.172.38$8,636
Dec 200103,80616.932.36$8,999
Nov 200104,00118.072.41$9,624
Oct 200104,68519.782.53$11,848
Sep 200103,89224.262.25$8,762
Aug 200104,15824.873.05$12,695
Jul 200104,08223.933.20$13,050
Jun 20011404,20324.563.82$19,511
May 200104,69825.524.31$20,236
Apr 200104,52824.685.34$24,158
Mar 200104,82924.545.38$25,963
Feb 200104,56527.755.77$26,327
Jan 20011553,97927.478.40$37,677
Dec 200005,03626.889.12$45,941
Nov 200005,23632.215.66$29,625
Oct 200006,37731.235.15$32,813
Sep 200005,80531.875.19$30,108
Aug 200005,43929.644.54$24,697
Jul 200005,13928.534.09$21,017
Jun 200006,10029.304.40$26,823
May 200006,79327.263.68$24,997
Apr 200006,48124.513.12$20,195
Mar 200006,59428.422.86$18,857
Feb 200005,59827.622.73$15,263
Jan 200005,78725.272.48$14,355
Dec 199906,18524.282.42$14,991
Nov 199905,12323.192.43$12,469
Oct 199905,60020.982.80$15,701
Sep 199906,42721.752.62$16,831
Aug 199905,69919.262.88$16,388
Jul 199905,28317.892.37$12,533
Jun 199906,44115.942.36$15,214
May 199907,01715.792.32$16,287
Apr 19991786,82515.102.21$17,758
Mar 199905,24412.471.84$9,640
Feb 199905,0899.981.82$9,251
Jan 199906,21610.381.90$11,810
Dec 199806,9489.201.77$12,321
Nov 199806,60010.892.19$14,426
Oct 199807,67212.421.97$15,108
Sep 199805,87812.592.08$12,242
Aug 199806,42711.301.91$12,259
Jul 199807,55911.742.24$16,912
Jun 199806,15011.242.24$13,759
May 199806,72912.622.21$14,846
Apr 199807,11713.042.51$17,830
Mar 19981737,80412.802.31$20,237
Feb 199806,69213.952.30$15,386
Jan 199807,02714.702.15$15,142
Dec 199706,64716.322.41$16,027
Nov 199706,71018.193.09$20,722
Oct 199707,25119.253.15$22,839
Sep 199707,31217.742.95$21,606
Aug 199707,81017.862.55$19,953
Jul 199706,77817.582.25$15,230
Jun 199707,29417.242.26$16,464
May 19971758,20918.972.31$22,270
Apr 199707,91617.882.08$16,487
Mar 199707,89518.951.94$15,310
Feb 199707,50120.492.21$16,546
Jan 199708,67323.483.54$30,700
Dec 199607,93523.32$0
Nov 199608,70321.97$0
Oct 199606,99023.31$0
Sep 199608,34022.22$0
Aug 19961687,32620.26$3,404
Jul 199607,62419.55$0
Jun 199608,99618.73$0
May 199608,66719.43$0
Apr 199607,08021.51$0
Mar 199607,23519.38$0
Feb 19961817,94716.98$3,073
Jan 199608,29517.07$0
Dec 199518,69317.19$17
Nov 1995010,62016.00$0
Oct 199508,72915.43$0
Sep 199509,78216.18$0
Aug 1995111,11415.92$16
Jul 1995111,64515.24$15
Jun 199518212,22516.41$2,987
May 1995112,55817.56$18
Apr 1995111,85617.73$18
Mar 1995113,94216.44$16
Feb 1995022216.58$0
Jan 199517017,48915.92$2,706
Dec 1994010,15915.03$0
Nov 19940015.90$0
Oct 199402,27415.58$0
Sep 199402,29515.29$0
Aug 19940016.13$0
Jul 1994112,40517.56$18
Jun 1994111,65417.09$17
May 1994214,04615.88$32
Apr 199416015,84014.14$2,262
Mar 1994516,15512.46$62
Feb 1994713,39612.50$88
Jan 199429,03512.66$25
Dec 199306,22412.33$0
Nov 19931807,18514.49$2,608
Oct 199307,94715.85$0
Sep 199307,47715.03$0
Aug 199307,66915.66$0
Jul 199307,57715.46$0
Jun 199307,76516.79$0
May 199308,11717.68$0
Apr 199309,31218.05$0
Mar 19931629,27118.14$2,939
Feb 199306,88417.90$0
Jan 199307,74316.93$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
Condensate             0 bbl  × $106.41 =         $0
Gas                1,510 Mcf  × $  3.05 =     $4,599

────────────────────────────────────────────────────
Month total                                   $4,599

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. 06/G/115043 is the state's own key, not one this site invented.