SHEPPARD, BAILEY GU5

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 137529District 06Field 664612752 tax incentive programmesGasSaveExport
Value, all time
$1.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 Gas111991-10-21124259
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
GasProduction751,226 Mcf$1,820,385
Total$1,820,385

320,251 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 32.4001, -94.5602. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40014, -94.56025 · 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
10,518 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 10,518 ft.

Completions filed
Nov 1990
1 of 1 wells

1 well

42-40132302410,518 ftNov 1990

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
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 20242369.612.36$54
Aug 2024075.632.06$0
Jul 202460979.932.15$1,307
Jun 20241,28678.082.63$3,387
May 20241,31478.812.20$2,889
Apr 202484184.451.66$1,395
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 202348571.262.61$1,266
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 202312176.533.39$410
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 20228108.885.08$41
Feb 20221091.054.86$49
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 2021266.024.22$8
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 202112963.483.02$389
Apr 202182760.362.76$2,281
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 201919455.052.66$516
Aug 201946553.112.30$1,072
Jul 20191,29556.272.46$3,186
Jun 201979952.782.49$1,990
May 201951158.482.74$1,400
Apr 201919962.632.75$547
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 201810661.443.40$360
Sep 201831859.543.11$988
Aug 201832759.403.07$1,003
Jul 201833565.142.93$982
Jun 201843460.183.08$1,335
May 201853765.382.90$1,558
Apr 201820363.842.90$589
Mar 201838261.222.79$1,065
Feb 201844761.782.77$1,236
Jan 201850062.874.01$2,005
Dec 20171,42257.272.92$4,154
Nov 201756955.423.12$1,774
Oct 201727149.292.98$809
Sep 201738147.523.09$1,176
Aug 201739745.373.00$1,193
Jul 201741443.873.09$1,278
Jun 201742442.493.09$1,309
May 201745145.373.26$1,472
Apr 201747047.933.21$1,509
Mar 20172,11146.772.98$6,299
Feb 20172,80050.452.95$8,267
Jan 201779349.413.42$2,711
Dec 2016048.763.72$0
Nov 201695042.492.64$2,512
Oct 201694346.193.09$2,914
Sep 20162,21041.553.10$6,852
Aug 20161,52841.442.92$4,468
Jul 20161,77041.622.92$5,176
Jun 20161,28945.352.69$3,462
May 20161,97342.521.99$3,928
Apr 20164,07536.561.99$8,113
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 201519155.212.96$564
Apr 201534349.822.71$928
Mar 201535942.892.93$1,054
Feb 201540744.662.98$1,211
Jan 201552243.433.10$1,619
Dec 20141,48854.693.59$5,344
Nov 20141,14770.464.25$4,877
Oct 2014078.303.90$0
Sep 201420086.164.05$809
Aug 201429789.394.04$1,198
Jul 201427696.564.18$1,154
Jun 201427598.164.74$1,303
May 201431694.734.73$1,494
Apr 201421895.944.81$1,048
Mar 201426995.895.06$1,360
Feb 201427597.406.19$1,703
Jan 201432990.404.86$1,599
Dec 201329191.824.35$1,267
Nov 20131,21988.853.74$4,557
Oct 201346297.423.78$1,746
Sep 2013301104.113.72$1,119
Aug 2013272104.253.52$958
Jul 2013305102.523.72$1,134
Jun 201331294.403.93$1,227
May 201334394.834.15$1,423
Apr 201331593.964.28$1,349
Mar 201328593.623.91$1,115
Feb 201327191.233.42$927
Jan 201335691.603.42$1,217
Dec 201235686.773.42$1,218
Nov 201231886.953.62$1,153
Oct 201235989.383.40$1,220
Sep 201237794.672.92$1,100
Aug 201237192.662.91$1,079
Jul 201235185.133.02$1,060
Jun 201233179.822.52$834
May 201230191.612.49$749
Apr 2012371101.652.00$741
Mar 2012386105.052.22$858
Feb 2012348101.102.57$894
Jan 201236598.092.73$998
Dec 201141396.873.24$1,338
Nov 201142495.723.31$1,404
Oct 201141984.983.65$1,529
Sep 201138583.623.99$1,535
Aug 201142383.404.15$1,755
Jul 201142694.144.52$1,924
Jun 201144192.904.64$2,046
May 201149898.134.40$2,194
Apr 2011459105.964.33$1,989
Mar 201131696.364.06$1,282
Feb 201144585.644.18$1,860
Jan 201140186.504.59$1,840
Dec 201057285.734.35$2,487
Nov 201042480.843.80$1,609
Oct 201037278.103.51$1,305
Sep 201026472.633.98$1,051
Aug 201016373.684.42$720
Jul 201026972.554.74$1,274
Jun 201043670.364.91$2,141
May 201046271.124.24$1,957
Apr 201048181.694.12$1,983
Mar 20101,41178.394.39$6,192
Feb 20101,12573.585.44$6,123
Jan 201061474.365.96$3,662
Dec 200961871.445.48$3,389
Nov 200956574.593.75$2,120
Oct 200959872.544.11$2,458
Sep 200952065.543.06$1,594
Aug 200962467.423.22$2,008
Jul 200929161.133.46$1,008
Jun 200945966.163.90$1,788
May 200945854.743.93$1,798
Apr 200941546.773.59$1,489
Mar 200942342.144.06$1,717
Feb 200941432.814.63$1,918
Jan 200946835.865.37$2,514
Dec 200843137.105.98$2,576
Nov 200855355.496.86$3,794
Oct 200858075.246.92$4,015
Sep 2008516101.767.88$4,065
Aug 2008449114.228.48$3,809
Jul 2008490131.0811.39$5,581
Jun 2008557131.3313.03$7,259
May 2008641123.1711.57$7,419
Apr 2008779110.3110.45$8,144
Mar 2008994101.909.66$9,606
Feb 200892492.538.77$8,104
Jan 200894890.388.21$7,779
Dec 200735388.337.30$2,578
Nov 200732891.677.29$2,392
Oct 200736682.856.92$2,533
Sep 200762175.846.24$3,878
Aug 200782569.066.39$5,270
Jul 200797970.906.39$6,254
Jun 20071,11862.007.55$8,439
May 20072,59858.747.85$20,385
Apr 20072,26759.617.81$17,694
Mar 20072,48856.927.30$18,167
Feb 20071,97055.108.22$16,186
Jan 20073,80950.306.73$25,623
Dec 20064,19456.656.92$29,016
Nov 20063,52754.207.62$26,867
Oct 20061,52654.906.01$9,177
Sep 20061,42360.085.04$7,168
Aug 20061,53168.717.34$11,237
Jul 20061,89869.376.34$12,039
Jun 20061,68266.286.38$10,738
May 20061,22266.016.42$7,851
Apr 20061,23864.397.36$9,112
Mar 20061,51456.707.08$10,724
Feb 20061,23857.597.75$9,596
Jan 20062,13360.598.93$19,055
Dec 20052,09654.9413.42$28,119
Nov 20051,49954.6910.59$15,872
Oct 20051,46558.3413.80$20,211
Sep 20051,91861.4512.08$23,168
Aug 20051,48161.519.80$14,509
Jul 20053,17755.697.84$24,919
Jun 20051,36052.337.38$10,038
May 20051,48645.226.65$9,884
Apr 20051,70549.207.36$12,550
Mar 20051,54750.377.15$11,069
Feb 20051,57945.226.31$9,967
Jan 20051,96143.166.32$12,398
Dec 20042,17939.866.75$14,711
Nov 20042,21745.286.33$14,035
Oct 20042,23949.706.52$14,587
Sep 20042,54043.245.28$13,421
Aug 20042,85542.375.55$15,847
Jul 20042,06838.286.08$12,582
Jun 20042,36636.106.43$15,221
May 20042,23737.486.49$14,528
Apr 20041,87134.475.86$10,961
Mar 20041,99434.365.53$11,027
Feb 20041,52732.455.51$8,413
Jan 20041,97832.036.30$12,461
Dec 20032,30830.266.30$14,544
Nov 20032,21128.804.60$10,160
Oct 20032,28828.174.76$10,890
Sep 20032,37226.314.75$11,265
Aug 20032,57929.765.13$13,230
Jul 20032,47829.415.17$12,813
Jun 20032,47328.565.98$14,796
May 20032,58026.595.97$15,410
Apr 20032,52226.675.41$13,637
Mar 20033,01931.146.10$18,404
Feb 20032,15833.487.93$17,104
Jan 20032,75830.315.58$15,395
Dec 20022,62026.914.85$12,717
Nov 20022,86024.664.14$11,832
Oct 20023,09326.464.23$13,081
Sep 20022,75727.443.64$10,022
Aug 20022,17825.963.16$6,892
Jul 20023,85024.583.06$11,788
Jun 20022,10023.733.34$7,010
May 20022,11624.663.58$7,584
Apr 20022,18823.653.51$7,685
Mar 20022,59922.003.10$8,064
Feb 20022,14218.222.38$5,089
Jan 20022,87517.172.38$6,830
Dec 20012,17816.932.36$5,150
Nov 20012,86518.072.41$6,892
Oct 20012,62819.782.53$6,646
Sep 20012,51824.262.25$5,669
Aug 20013,41124.873.05$10,414
Jul 20013,93523.933.20$12,581
Jun 20012,15024.563.82$8,222
May 20012,04325.524.31$8,800
Apr 20012,08624.685.34$11,129
Mar 20013,03024.545.38$16,291
Feb 20011,75427.755.77$10,115
Jan 20012,10727.478.40$17,696
Dec 20001,92726.889.12$17,579
Nov 20002,65332.215.66$15,011
Oct 20003,14831.235.15$16,198
Sep 20002,98531.875.19$15,482
Aug 20003,04929.644.54$13,845
Jul 20004,06728.534.09$16,633
Jun 20003,22329.304.40$14,172
May 20003,95127.263.68$14,539
Apr 20003,54024.513.12$11,031
Mar 20004,20128.422.86$12,014
Feb 20002,96127.622.73$8,073
Jan 20003,48025.272.48$8,632
Dec 19993,55724.282.42$8,621
Nov 19993,02523.192.43$7,363
Oct 19992,87420.982.80$8,058
Sep 19993,33921.752.62$8,744
Aug 19993,31019.262.88$9,518
Jul 19993,47417.892.37$8,242
Jun 19993,65815.942.36$8,641
May 19994,46415.792.32$10,361
Apr 19993,40215.102.21$7,512
Mar 19993,49512.471.84$6,425
Feb 19993,1329.981.82$5,693
Jan 19993,20010.381.90$6,080
Dec 19983,3049.201.77$5,859
Nov 19983,51310.892.19$7,678
Oct 19983,35912.421.97$6,615
Sep 19983,28112.592.08$6,833
Aug 19983,53511.301.91$6,742
Jul 19983,59511.742.24$8,043
Jun 19983,72211.242.24$8,327
May 19983,91112.622.21$8,629
Apr 19983,83013.042.51$9,595
Mar 19983,99712.802.31$9,231
Feb 19983,64213.952.30$8,373
Jan 19984,04714.702.15$8,720
Dec 19972,96916.322.41$7,159
Nov 19973,19918.193.09$9,879
Oct 19973,30519.253.15$10,410
Sep 19973,53417.742.95$10,443
Aug 19973,44017.862.55$8,788
Jul 19973,42217.582.25$7,689
Jun 19973,61617.242.26$8,162
May 19974,77618.972.31$11,025
Apr 19974,78417.882.08$9,964
Mar 19975,06618.951.94$9,824
Feb 19974,61120.492.21$10,171
Jan 19975,19623.483.54$18,392
Dec 19965,26123.32$0
Nov 19965,65721.97$0
Oct 19964,94423.31$0
Sep 19965,37222.22$0
Aug 19965,35020.26$0
Jul 19965,55419.55$0
Jun 19965,41218.73$0
May 19965,62119.43$0
Apr 19965,86021.51$0
Mar 19966,63419.38$0
Feb 19965,99816.98$0
Jan 19966,08317.07$0
Dec 19956,15817.19$0
Nov 19955,74316.00$0
Oct 19955,96415.43$0
Sep 19955,90016.18$0
Aug 19956,58215.92$0
Jul 19957,44915.24$0
Jun 19955,35216.41$0
May 199511,34417.56$0
Apr 199518,18017.73$0
Mar 19958,90216.44$0
Feb 19954,87616.58$0
Jan 19955,71815.92$0
Dec 19945,38915.03$0
Nov 19945,82315.90$0
Oct 19945,94015.58$0
Sep 19946,16715.29$0
Aug 19947,02416.13$0
Jul 19947,74117.56$0
Jun 19947,54017.09$0
May 199441815.88$0
Apr 19946,33214.14$0
Mar 19944,78412.46$0
Feb 19944,63612.50$0
Jan 19947,73612.66$0
Dec 19938,38012.33$0
Nov 19936,14414.49$0
Oct 19938,28115.85$0
Sep 19937,30615.03$0
Aug 19937,71615.66$0
Jul 19938,98215.46$0
Jun 19936,52016.79$0
May 19935,43117.68$0
Apr 19937,08418.05$0
Mar 19939,01718.14$0
Feb 19938,66817.90$0
Jan 19937,27816.93$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.

Sep 2024 — as filed, then multipliedworked
Gas                   23 Mcf  × $  2.36 =        $54

────────────────────────────────────────────────────
Month total                                      $54

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/137529 is the state's own key, not one this site invented.