SHEPPARD, BAILEY ET AL

Operated by TGNR EAST TEXAS LLC (P-5 850990) 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 132779District 06Field 664612752 tax incentive programmesGasSaveExport
Value, all time
$3.2 M
Jan 1993 – Feb 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
398
no gaps in the span
Streams
1
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
High Cost Gas111974-08-03121574
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
GasProduction1,281,869 Mcf$3,223,984
Total$3,223,984

477,951 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 32.3902, -94.5309. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39023, -94.53092 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,500 ft
1 wells filed one
Completion to plug
36.3 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 10,500 ft.

Completions filed
Nov 1989
1 of 1 wells
Plug dates filed
Mar 2026
1 of 1 wells

Last completion to plug: a median of 36.3 years across the 1 well that filed both dates, with the middle half between 36.3 years and 36.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40132257710,500 ftNov 1989Mar 2026Yes

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 (398)

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

398 months

Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 20171,91045.373.00$5,738
Jul 201721643.873.09$667
Jun 201736742.493.09$1,133
May 201737245.373.26$1,214
Apr 201736847.933.21$1,182
Mar 201739546.772.98$1,179
Feb 201736450.452.95$1,075
Jan 20174,70049.413.42$16,068
Dec 20163,62748.763.72$13,503
Nov 20163,83142.492.64$10,131
Oct 20162,46446.193.09$7,614
Sep 20162,25541.553.10$6,992
Aug 20162,21741.442.92$6,483
Jul 20162,34641.622.92$6,861
Jun 20161,85345.352.69$4,977
May 20161,18442.521.99$2,357
Apr 201648136.561.99$958
Mar 201651533.011.79$924
Feb 201649726.472.06$1,026
Jan 201643927.352.36$1,038
Dec 201534032.362.00$680
Nov 201560538.792.17$1,311
Oct 201574943.552.43$1,818
Sep 201592042.992.76$2,538
Aug 20151,81940.162.87$5,225
Jul 20153,30348.152.95$9,728
Jun 2015056.152.88$0
May 201539155.212.96$1,156
Apr 201559549.822.71$1,610
Mar 201594342.892.93$2,767
Feb 20151,21944.662.98$3,628
Jan 20151,17243.433.10$3,634
Dec 20142,29954.693.59$8,257
Nov 20141,19570.464.25$5,081
Oct 2014078.303.90$0
Sep 201439386.164.05$1,590
Aug 201453089.394.04$2,139
Jul 201453496.564.18$2,232
Jun 201452998.164.74$2,506
May 201484594.734.73$3,994
Apr 20141,09295.944.81$5,252
Mar 201479995.895.06$4,040
Feb 20141,04297.406.19$6,452
Jan 201460490.404.86$2,936
Dec 201366291.824.35$2,883
Nov 201388488.853.74$3,305
Oct 20132,07697.423.78$7,846
Sep 20131,394104.113.72$5,183
Aug 2013573104.253.52$2,018
Jul 2013598102.523.72$2,223
Jun 201359094.403.93$2,321
May 201375194.834.15$3,116
Apr 201372393.964.28$3,096
Mar 201375393.623.91$2,946
Feb 201371991.233.42$2,459
Jan 201395291.603.42$3,256
Dec 20121,92986.773.42$6,597
Nov 20121,66886.953.62$6,046
Oct 201288789.383.40$3,016
Sep 20121,47394.672.92$4,299
Aug 20121,13792.662.91$3,307
Jul 20121,99185.133.02$6,014
Jun 20122,25479.822.52$5,678
May 20121,21091.612.49$3,011
Apr 20121,234101.652.00$2,464
Mar 2012851105.052.22$1,891
Feb 2012847101.102.57$2,177
Jan 20121,02398.092.73$2,797
Dec 20111,09596.873.24$3,548
Nov 20111,04795.723.31$3,467
Oct 20111,18084.983.65$4,305
Sep 201182883.623.99$3,300
Aug 201192983.404.15$3,855
Jul 201194094.144.52$4,246
Jun 201196192.904.64$4,459
May 20111,00398.134.40$4,418
Apr 2011980105.964.33$4,247
Mar 20111,03996.364.06$4,216
Feb 20111,06085.644.18$4,431
Jan 20111,13586.504.59$5,208
Dec 20101,25585.734.35$5,456
Nov 201095880.843.80$3,636
Oct 201099678.103.51$3,495
Sep 201097472.633.98$3,876
Aug 201095273.684.42$4,207
Jul 20101,06972.554.74$5,063
Jun 20101,02370.364.91$5,023
May 20101,09771.124.24$4,646
Apr 20101,01681.694.12$4,189
Mar 20101,15678.394.39$5,073
Feb 20101,21173.585.44$6,591
Jan 20101,84674.365.96$11,010
Dec 20092,18671.445.48$11,987
Nov 20091,56574.593.75$5,871
Oct 20091,61072.544.11$6,618
Sep 20091,47865.543.06$4,530
Aug 20091,57967.423.22$5,082
Jul 20091,58261.133.46$5,481
Jun 20091,48966.163.90$5,800
May 20091,64454.743.93$6,454
Apr 20091,66746.773.59$5,980
Mar 20091,78742.144.06$7,253
Feb 20091,52032.814.63$7,042
Jan 20091,84035.865.37$9,883
Dec 20081,63337.105.98$9,761
Nov 20081,90855.496.86$13,090
Oct 20082,08175.246.92$14,405
Sep 2008911101.767.88$7,176
Aug 20081,169114.228.48$9,917
Jul 20081,200131.0811.39$13,667
Jun 20081,138131.3313.03$14,831
May 20081,157123.1711.57$13,391
Apr 20081,140110.3110.45$11,919
Mar 20081,241101.909.66$11,993
Feb 20081,13292.538.77$9,928
Jan 20081,20390.388.21$9,871
Dec 20071,24288.337.30$9,069
Nov 20071,41991.677.29$10,347
Oct 20071,96182.856.92$13,574
Sep 20072,01575.846.24$12,582
Aug 20072,10569.066.39$13,447
Jul 20072,15970.906.39$13,792
Jun 20072,08362.007.55$15,723
May 20072,21858.747.85$17,403
Apr 20071,98459.617.81$15,486
Mar 20072,09756.927.30$15,312
Feb 20071,92855.108.22$15,840
Jan 20072,71850.306.73$18,284
Dec 20063,49656.656.92$24,187
Nov 20063,26954.207.62$24,902
Oct 20063,44654.906.01$20,724
Sep 20062,00960.085.04$10,120
Aug 20062,07068.717.34$15,194
Jul 20062,03469.376.34$12,901
Jun 20062,02666.286.38$12,934
May 20062,10366.016.42$13,512
Apr 20061,95464.397.36$14,382
Mar 20062,04356.707.08$14,470
Feb 20061,89057.597.75$14,650
Jan 20062,08760.598.93$18,644
Dec 20052,18954.9413.42$29,366
Nov 20052,22154.6910.59$23,517
Oct 20053,15958.3413.80$43,581
Sep 20051,94961.4512.08$23,542
Aug 20054,30761.519.80$42,195
Jul 20057,14255.697.84$56,019
Jun 20052,51552.337.38$18,563
May 20052,68245.226.65$17,838
Apr 20052,47049.207.36$18,180
Mar 20052,56450.377.15$18,345
Feb 20053,01945.226.31$19,056
Jan 20053,64343.166.32$23,032
Dec 20043,95539.866.75$26,701
Nov 20043,24845.286.33$20,561
Oct 20044,03249.706.52$26,269
Sep 20043,72743.245.28$19,693
Aug 20043,76442.375.55$20,893
Jul 20043,96038.286.08$24,093
Jun 20044,05136.106.43$26,060
May 20044,33337.486.49$28,141
Apr 20043,34434.475.86$19,591
Mar 20043,66534.365.53$20,268
Feb 20043,62232.455.51$19,956
Jan 20043,90832.036.30$24,619
Dec 20034,43430.266.30$27,941
Nov 20034,39928.804.60$20,214
Oct 20034,47728.174.76$21,309
Sep 20034,43526.314.75$21,063
Aug 20034,79029.765.13$24,571
Jul 20035,09129.415.17$26,325
Jun 20034,39228.565.98$26,277
May 20034,68126.595.97$27,958
Apr 20034,61326.675.41$24,944
Mar 20034,95831.146.10$30,224
Feb 20034,31433.487.93$34,192
Jan 20034,73530.315.58$26,431
Dec 20024,74926.914.85$23,051
Nov 20024,57624.664.14$18,931
Oct 20024,66226.464.23$19,716
Sep 20024,91027.443.64$17,849
Aug 20024,49825.963.16$14,232
Jul 20024,73924.583.06$14,510
Jun 20024,65523.733.34$15,540
May 20024,55024.663.58$16,307
Apr 20024,16223.653.51$14,618
Mar 20024,54722.003.10$14,108
Feb 20024,27318.222.38$10,151
Jan 20024,50917.172.38$10,712
Dec 20014,61316.932.36$10,907
Nov 20013,09918.072.41$7,455
Oct 20014,21519.782.53$10,659
Sep 20013,20324.262.25$7,211
Aug 20013,87324.873.05$11,825
Jul 20014,02823.933.20$12,878
Jun 20014,53924.563.82$17,358
May 20015,70225.524.31$24,560
Apr 20017,88824.685.34$42,085
Mar 20013,33424.545.38$17,925
Feb 20013,88827.755.77$22,422
Jan 20012,78827.478.40$23,416
Dec 20003,30926.889.12$30,186
Nov 20004,41332.215.66$24,969
Oct 20004,37031.235.15$22,486
Sep 20004,80431.875.19$24,916
Aug 20004,44029.644.54$20,161
Jul 20004,74428.534.09$19,402
Jun 20004,82129.304.40$21,199
May 20005,33427.263.68$19,628
Apr 20005,28124.513.12$16,456
Mar 20005,41928.422.86$15,497
Feb 20005,11327.622.73$13,941
Jan 20005,18325.272.48$12,856
Dec 19995,05324.282.42$12,247
Nov 19995,62723.192.43$13,696
Oct 19995,35920.982.80$15,025
Sep 19995,98421.752.62$15,671
Aug 19995,66519.262.88$16,290
Jul 19995,97617.892.37$14,177
Jun 19995,46715.942.36$12,914
May 19995,50115.792.32$12,768
Apr 19995,29815.102.21$11,698
Mar 19995,99112.471.84$11,013
Feb 19995,0099.981.82$9,105
Jan 19996,00710.381.90$11,413
Dec 19986,0949.201.77$10,807
Nov 19987,25410.892.19$15,855
Oct 199810,07812.421.97$19,846
Sep 199839,14112.592.08$81,516
Aug 199829,69111.301.91$56,631
Jul 199825,59911.742.24$57,272
Jun 19986,73611.242.24$15,070
May 19986,46412.622.21$14,262
Apr 19987,56913.042.51$18,963
Mar 19989,36512.802.31$21,628
Feb 19985,89313.952.30$13,549
Jan 19986,96514.702.15$15,008
Dec 19976,01416.322.41$14,500
Nov 19976,69618.193.09$20,679
Oct 19975,85719.253.15$18,449
Sep 19977,44417.742.95$21,996
Aug 19976,92717.862.55$17,697
Jul 19976,59517.582.25$14,819
Jun 19976,20117.242.26$13,997
May 19977,00618.972.31$16,173
Apr 19976,28217.882.08$13,084
Mar 19977,55918.951.94$14,658
Feb 19976,71020.492.21$14,802
Jan 19977,35823.483.54$26,045
Dec 19967,26523.32$0
Nov 19967,28621.97$0
Oct 19965,12823.31$0
Sep 19967,52022.22$0
Aug 19967,05520.26$0
Jul 19967,62919.55$0
Jun 19967,67018.73$0
May 19967,48619.43$0
Apr 19967,76621.51$0
Mar 19968,46719.38$0
Feb 19968,02216.98$0
Jan 19968,73517.07$0
Dec 19959,26317.19$0
Nov 199510,05016.00$0
Oct 19959,17915.43$0
Sep 19958,63416.18$0
Aug 19958,93315.92$0
Jul 19958,69515.24$0
Jun 19955,73116.41$0
May 19957,73617.56$0
Apr 19958,56817.73$0
Mar 19958,55216.44$0
Feb 19958,21116.58$0
Jan 19959,35415.92$0
Dec 19949,14215.03$0
Nov 19947,49815.90$0
Oct 19948,64615.58$0
Sep 19949,49915.29$0
Aug 199410,05316.13$0
Jul 199410,75917.56$0
Jun 199412,47217.09$0
May 19945,00915.88$0
Apr 199411,52714.14$0
Mar 199412,90912.46$0
Feb 199412,11212.50$0
Jan 199411,93012.66$0
Dec 199312,48312.33$0
Nov 19938,90614.49$0
Oct 199310,61915.85$0
Sep 199310,44515.03$0
Aug 199310,16315.66$0
Jul 199313,24915.46$0
Jun 199317,82016.79$0
May 199317,37117.68$0
Apr 199318,56118.05$0
Mar 199321,33018.14$0
Feb 19939,87017.90$0
Jan 199312,64316.93$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.

Aug 2017 — as filed, then multipliedworked
Gas                1,910 Mcf  × $  3.00 =     $5,738

────────────────────────────────────────────────────
Month total                                   $5,738

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/132779 is the state's own key, not one this site invented.