SHEPPERD GU B-1

Operated by FAULCONER ENERGY, LLC (P-5 263648) in the GLADEWATER (HAYNESVILLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 132980District 06Field 35134500CondensateGasSave
Value, all time
$17.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$190 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition10,881 bbl$375,498
GasProduction6,744,042 Mcf$17,379,330
Total$17,754,827

2,600,018 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 32.5265, -94.9537. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.52646, -94.95371 · 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
12,000 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 12,000 ft.

Completions filed
Nov 1989
1 of 1 wells

1 well

42-18330781212,000 ftNov 1989

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 202604,114106.413.05$12,531
Apr 2026273,67398.932.87$13,212
Mar 2026274,16389.753.15$15,534
Feb 202603,85363.503.75$14,450
Jan 2026283,96459.138.00$33,359
Dec 202504,22256.664.41$18,633
Nov 2025284,03958.593.93$17,499
Oct 202504,06959.383.30$13,447
Sep 202503,61362.743.08$11,117
Aug 2025273,67363.933.01$12,799
Jul 2025243,93366.743.32$14,640
Jun 202504,16466.483.13$13,028
May 202502,36060.553.23$7,628
Apr 202503,83162.363.54$13,574
Mar 2025284,22267.704.27$19,916
Feb 202503,08970.884.34$13,409
Jan 2025243,22274.324.28$15,570
Dec 202402,96568.993.12$9,255
Nov 202402,85769.052.20$6,281
Oct 2024113,11071.372.28$7,880
Sep 202403,51169.612.36$8,301
Aug 202403,70875.632.06$7,652
Jul 202403,96779.932.15$8,516
Jun 202443,94578.082.63$10,703
May 202434,64178.812.20$10,439
Apr 202402,43484.451.66$4,038
Mar 202454,73780.301.55$7,721
Feb 202404,12776.091.78$7,361
Jan 202442,49573.023.30$8,520
Dec 202364,40571.262.61$11,928
Nov 202304,12377.892.81$11,576
Oct 202374,54085.443.09$14,614
Sep 202304,26189.042.74$11,654
Aug 202374,42480.522.67$12,388
Jul 202305,00474.852.64$13,220
Jun 202303,25968.962.26$7,360
May 202374,72770.622.23$11,023
Apr 202384,60978.122.24$10,939
Mar 202385,09372.852.39$12,771
Feb 202303,08075.112.47$7,594
Jan 202384,48876.533.39$15,816
Dec 202284,07076.415.73$23,929
Nov 202204,48685.005.65$25,329
Oct 202274,52087.185.86$27,114
Sep 202294,57084.888.16$38,072
Aug 202264,48794.529.13$41,521
Jul 2022144,724101.587.54$37,051
Jun 202204,499115.097.98$35,889
May 202204,615109.378.43$38,918
Apr 2022234,477104.226.84$33,009
Mar 202204,782108.885.08$24,275
Feb 202204,37191.054.86$21,238
Jan 2022204,86081.844.54$23,690
Dec 202104,97171.323.90$19,383
Nov 202104,76977.435.24$24,975
Oct 202104,87579.795.71$27,855
Sep 202174,85069.865.35$26,441
Aug 202105,03566.024.22$21,251
Jul 202185,00570.783.98$20,497
Jun 202104,83469.493.38$16,342
May 202185,12363.483.02$15,967
Apr 202175,08060.362.76$14,435
Mar 202105,61061.302.72$15,242
Feb 2021133,49657.805.55$20,147
Jan 202185,08950.412.81$14,705
Dec 202083,57744.642.68$9,927
Nov 202004,46138.772.71$12,074
Oct 202084,48536.972.48$11,412
Sep 202094,99237.091.99$10,273
Aug 202005,17939.982.39$12,352
Jul 2020105,37638.371.83$10,196
Jun 2020135,08834.901.69$9,054
May 202004,92316.921.81$8,934
Apr 2020184,83214.751.80$8,984
Mar 2020194,96530.341.86$9,793
Feb 202004,97949.881.98$9,862
Jan 2020204,84457.252.09$11,292
Dec 2019133,44959.012.30$8,715
Nov 201904,68755.302.75$12,893
Oct 201905,82153.472.42$14,078
Sep 201903,32755.052.66$8,841
Aug 201975,24753.112.30$12,463
Jul 201985,36056.272.46$13,636
Jun 201904,92352.782.49$12,264
May 201905,40158.482.74$14,800
Apr 201904,59662.632.75$12,642
Mar 201903,75956.803.06$11,510
Feb 201903,73850.852.79$10,437
Jan 201904,61646.033.23$14,901
Dec 201805,55146.594.19$23,233
Nov 201805,16852.934.24$21,898
Oct 201825,65261.443.40$19,329
Sep 201805,46459.543.11$16,982
Aug 201805,66959.403.07$17,384
Jul 201805,16865.142.93$15,152
Jun 201805,39460.183.08$16,597
May 201805,57765.382.90$16,178
Apr 201815,13563.842.90$14,959
Mar 201805,68861.222.79$15,852
Feb 201855,18561.782.77$14,651
Jan 2018155,79962.874.01$24,193
Dec 201705,61257.272.92$16,396
Nov 2017345,65255.423.12$19,509
Oct 2017835,40549.292.98$20,218
Sep 201705,58747.523.09$17,249
Aug 2017745,99245.373.00$21,360
Jul 201706,01743.873.09$18,576
Jun 2017615,88242.493.09$20,751
May 201705,72345.373.26$18,676
Apr 201785,65347.933.21$18,539
Mar 201755,75546.772.98$17,405
Feb 201775,34250.452.95$16,126
Jan 201705,46349.413.42$18,677
Dec 201686,08148.763.72$23,029
Nov 201605,94442.492.64$15,718
Oct 2016196,07346.193.09$19,645
Sep 201606,11341.553.10$18,954
Aug 201606,46541.442.92$18,906
Jul 2016126,11841.622.92$18,391
Jun 201606,37945.352.69$17,133
May 201676,54042.521.99$13,319
Apr 201606,37136.561.99$12,685
Mar 201636,72833.011.79$12,169
Feb 201636,31426.472.06$13,109
Jan 201606,72027.352.36$15,889
Dec 201526,74632.362.00$13,566
Nov 201516,65038.792.17$14,452
Oct 201507,00843.552.43$17,005
Sep 201506,92942.992.76$19,113
Aug 201507,29540.162.87$20,955
Jul 201507,46348.152.95$21,979
Jun 201507,13456.152.88$20,566
May 201507,57255.212.96$22,379
Apr 201507,56549.822.71$20,475
Mar 201507,98342.892.93$23,428
Feb 201507,86344.662.98$23,402
Jan 201506,54643.433.10$20,297
Dec 201406,55154.693.59$23,527
Nov 201404,68670.464.25$19,924
Oct 201406,23378.303.90$24,315
Sep 201406,58386.164.05$26,631
Aug 201406,10889.394.04$24,647
Jul 201405,57596.564.18$23,301
Jun 201407,03898.164.74$33,338
May 201406,70194.734.73$31,673
Apr 201405,01795.944.81$24,127
Mar 201406,14295.895.06$31,059
Feb 201405,73397.406.19$35,499
Jan 201406,70590.404.86$32,591
Dec 201306,60091.824.35$28,740
Nov 201306,60288.853.74$24,680
Oct 201307,83297.423.78$29,600
Sep 201306,728104.113.72$25,013
Aug 201307,473104.253.52$26,324
Jul 201307,879102.523.72$29,292
Jun 201307,74294.403.93$30,452
May 201308,23394.834.15$34,159
Apr 201307,62293.964.28$32,642
Mar 201307,13693.623.91$27,922
Feb 201306,64991.233.42$22,739
Jan 201307,65191.603.42$26,166
Dec 201206,75586.773.42$23,103
Nov 201207,10286.953.62$25,744
Oct 201207,25089.383.40$24,648
Sep 201206,82494.672.92$19,915
Aug 201207,02492.662.91$20,427
Jul 201206,42785.133.02$19,415
Jun 201206,90879.822.52$17,402
May 201206,77991.612.49$16,868
Apr 201206,336101.652.00$12,652
Mar 201208,163105.052.22$18,139
Feb 201207,031101.102.57$18,071
Jan 201207,12498.092.73$19,478
Dec 201117,29096.873.24$23,715
Nov 201108,27595.723.31$27,401
Oct 201146,28384.983.65$23,264
Sep 201105,36183.623.99$21,368
Aug 2011258,25083.404.15$36,317
Jul 2011273,71894.144.52$19,337
Jun 2011467,83692.904.64$40,632
May 2011516,15998.134.40$32,134
Apr 201105,078105.964.33$22,004
Mar 2011485,62696.364.06$27,452
Feb 201103,65185.644.18$15,261
Jan 2011532,89286.504.59$17,855
Dec 2010339,66485.734.35$44,846
Nov 201008,88380.843.80$33,714
Oct 2010149,11478.103.51$33,073
Sep 2010138,56572.633.98$35,028
Aug 201009,24273.684.42$40,844
Jul 20101310,39672.554.74$50,184
Jun 201008,66970.364.91$42,568
May 2010169,51771.124.24$41,445
Apr 2010189,54081.694.12$40,801
Mar 2010179,84178.394.39$44,522
Feb 2010188,98973.585.44$50,246
Jan 2010159,61374.365.96$58,448
Dec 200909,80471.445.48$53,763
Nov 2009579,78574.593.75$40,960
Oct 200909,38872.544.11$38,587
Sep 2009229,92065.543.06$31,844
Aug 20093010,75867.423.22$36,647
Jul 200909,66961.133.46$33,498
Jun 20097810,15166.163.90$44,699
May 20094010,69454.743.93$44,172
Apr 20094410,38446.773.59$39,310
Mar 20095011,84142.144.06$50,170
Feb 20095310,57332.814.63$50,724
Jan 2009012,09035.865.37$64,935
Dec 20084011,03837.105.98$67,460
Nov 2008010,48955.496.86$71,958
Oct 20084512,13175.246.92$87,356
Sep 2008010,228101.767.88$80,567
Aug 20087110,406114.228.48$96,384
Jul 2008839,880131.0811.39$123,407
Jun 20088411,293131.3313.03$158,209
May 20085910,727123.1711.57$131,424
Apr 20086211,542110.3110.45$127,509
Mar 20085111,778101.909.66$119,020
Feb 20084311,29392.538.77$103,025
Jan 20083612,96190.388.21$109,608
Dec 20072510,61488.337.30$79,711
Nov 20071210,06991.677.29$74,520
Oct 20071211,95882.856.92$83,767
Sep 20071311,53275.846.24$72,994
Aug 20071410,67869.066.39$69,177
Jul 20071911,97370.906.39$77,830
Jun 2007011,73762.007.55$88,596
May 20073210,97858.747.85$88,016
Apr 20073511,83359.617.81$94,445
Mar 20075712,50456.927.30$94,548
Feb 20073211,16655.108.22$93,503
Jan 20073112,52050.306.73$85,779
Dec 20062812,71056.656.92$89,520
Nov 20062712,66454.207.62$97,931
Oct 20061813,17754.906.01$80,232
Sep 20061712,53660.085.04$64,168
Aug 20061713,24268.717.34$98,363
Jul 20061313,06969.376.34$83,795
Jun 20061512,42366.286.38$80,301
May 20063313,45966.016.42$88,652
Apr 20061713,06164.397.36$97,230
Mar 20064113,96556.707.08$101,238
Feb 20062212,45157.597.75$97,776
Jan 20062213,57760.598.93$122,621
Dec 20052314,27354.9413.42$192,742
Nov 20052413,52054.6910.59$144,468
Oct 20055114,98758.3413.80$209,732
Sep 2005013,47061.4512.08$162,704
Aug 20052814,93661.519.80$148,048
Jul 20052514,19155.697.84$112,701
Jun 20052114,24952.337.38$106,271
May 20054014,86245.226.65$100,658
Apr 20051114,45349.207.36$106,922
Mar 20051115,24250.377.15$109,609
Feb 20052013,44745.226.31$85,781
Jan 2005915,04843.166.32$95,525
Dec 20042015,02439.866.75$102,225
Nov 20042214,76245.286.33$94,446
Oct 20042615,71949.706.52$103,703
Sep 20043115,48043.245.28$83,135
Aug 20042716,29442.375.55$91,586
Jul 20042616,34438.286.08$100,435
Jun 20042515,14336.106.43$98,318
May 20042116,05237.486.49$105,038
Apr 20042515,78834.475.86$93,355
Mar 20044816,56234.365.53$93,239
Feb 20042315,81732.455.51$87,892
Jan 20044616,96532.036.30$108,347
Dec 20032116,86930.266.30$106,938
Nov 20034617,06828.804.60$79,755
Oct 20035017,28528.174.76$83,679
Sep 20032317,05626.314.75$81,610
Aug 20032417,99729.765.13$93,034
Jul 20034918,25129.415.17$95,814
Jun 20035117,11628.565.98$103,861
May 20032418,16326.595.97$109,120
Apr 20035318,08926.675.41$99,226
Mar 20038020,60431.146.10$128,094
Feb 20035715,52733.487.93$124,974
Jan 20032712,50030.315.58$70,594
Dec 20026019,49026.914.85$96,214
Nov 20025719,67024.664.14$82,780
Oct 20024820,81526.464.23$89,299
Sep 20022319,43127.443.64$71,267
Aug 20024119,89925.963.16$64,028
Jul 20024321,32924.583.06$66,361
Jun 20022120,00123.733.34$67,266
May 20024520,88024.663.58$75,944
Apr 20024320,00523.653.51$71,281
Mar 20024221,20222.003.10$66,708
Feb 20026320,56518.222.38$50,004
Jan 20024322,65217.172.38$54,552
Dec 20014122,99416.932.36$55,061
Nov 20014125,47918.072.41$62,031
Oct 20013621,16219.782.53$54,228
Sep 20011919,61524.262.25$44,621
Aug 20014924,32624.873.05$75,490
Jul 20012825,90923.933.20$83,503
Jun 20014927,18124.563.82$105,148
May 20012220,69525.524.31$89,701
Apr 20013519,88824.685.34$106,973
Mar 20011618,04324.545.38$97,400
Feb 20014220,55427.755.77$119,702
Jan 20014927,92127.478.40$235,848
Dec 20004422,09626.889.12$202,753
Nov 20002524,58832.215.66$139,924
Oct 20003822,73231.235.15$118,154
Sep 20001924,48931.875.19$127,618
Aug 20001823,61229.644.54$107,750
Jul 20001822,63928.534.09$93,101
Jun 20003723,83029.304.40$105,871
May 20001922,84027.263.68$84,563
Apr 20004125,88224.513.12$81,653
Mar 20002024,09528.422.86$69,474
Feb 20004222,67527.622.73$62,983
Jan 20005128,52725.272.48$72,050
Dec 19992826,61624.282.42$65,190
Nov 19995726,51323.192.43$65,854
Oct 19995926,85320.982.80$76,526
Sep 19992926,61221.752.62$70,324
Aug 19993127,48619.262.88$79,636
Jul 19996128,12617.892.37$67,817
Jun 19993128,36315.942.36$67,490
May 19996529,67915.792.32$69,912
Apr 19996929,28815.102.21$65,711
Mar 19993730,34412.471.84$56,244
Feb 19997229,2969.981.82$53,973
Jan 199910130,34410.381.90$58,700
Dec 19986627,6009.201.77$49,551
Nov 19986527,39910.892.19$60,594
Oct 19982628,22812.421.97$55,910
Sep 19985027,54812.592.08$58,002
Aug 19985028,05411.301.91$54,074
Jul 19982529,53511.742.24$66,371
Jun 19985328,57811.242.24$64,532
May 19985429,60712.622.21$66,005
Apr 19985531,07213.042.51$78,563
Mar 19985031,38412.802.31$73,119
Feb 19984627,36313.952.30$63,553
Jan 19985132,34114.702.15$70,438
Dec 19977234,94716.322.41$85,436
Nov 19974229,04718.193.09$90,469
Oct 19973531,83819.253.15$100,958
Sep 19974633,02417.742.95$98,398
Aug 19972433,84617.862.55$86,896
Jul 19974937,80717.582.25$85,811
Jun 19975635,58417.242.26$81,286
May 199710636,61518.972.31$86,537
Apr 19973636,01317.882.08$75,651
Mar 19979836,90918.951.94$73,429
Feb 19976533,87620.492.21$76,059
Jan 19976638,64223.483.54$138,331
Dec 199610539,45423.32$2,449
Nov 19967536,93821.97$1,648
Oct 19967938,70923.31$1,841
Sep 19963740,79322.22$822
Aug 19966941,58120.26$1,398
Jul 19967440,44119.55$1,447
Jun 19966743,11818.73$1,255
May 19968540,59819.43$1,652
Apr 19966443,03321.51$1,377
Mar 199610042,81319.38$1,938
Feb 19966239,40716.98$1,053
Jan 19968443,52717.07$1,434
Dec 19952845,32717.19$481
Nov 19956646,45616.00$1,056
Oct 19954246,69515.43$648
Sep 19953747,11916.18$599
Aug 19954049,78715.92$637
Jul 19954653,98915.24$701
Jun 19957848,56116.41$1,280
May 19957552,67917.56$1,317
Apr 19956551,51717.73$1,152
Mar 19955453,68516.44$888
Feb 19955648,91316.58$928
Jan 19956456,26315.92$1,019
Dec 19946561,12515.03$977
Nov 19948558,90115.90$1,352
Oct 19947648,60515.58$1,184
Sep 19947956,26515.29$1,208
Aug 19947857,57116.13$1,258
Jul 19946362,90617.56$1,106
Jun 19947160,80917.09$1,213
May 19949862,87915.88$1,556
Apr 19948465,24014.14$1,188
Mar 19949175,68112.46$1,134
Feb 19948774,46912.50$1,088
Jan 19946233,11212.66$785
Dec 19933633,31112.33$444
Nov 19937552,74914.49$1,087
Oct 19938361,95515.85$1,316
Sep 199310261,87015.03$1,533
Aug 19939972,65615.66$1,550
Jul 199310866,94715.46$1,670
Jun 199310171,37916.79$1,696
May 199311176,48317.68$1,962
Apr 199312167,07418.05$2,184
Mar 199312473,94018.14$2,249
Feb 199311976,21517.90$2,130
Jan 199312576,47316.93$2,116

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                4,114 Mcf  × $  3.05 =    $12,531

────────────────────────────────────────────────────
Month total                                  $12,531

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/132980 is the state's own key, not one this site invented.