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 140133District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$73 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
High Cost Gas111992-06-18125371
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
CondensateDisposition4,265 bbl$138,361
GasProduction1,669,568 Mcf$4,542,147
Total$4,680,507

549,294 Mcf of this lease's gas, across 44 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 32.3723, -94.4973. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37227, -94.49726 · 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
Nov 1991
1 of 1 wells

1 well

42-40132351310,300 ftNov 1991

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 202601,370106.413.05$4,173
Apr 202601,31298.932.87$3,765
Mar 202601,59289.753.15$5,014
Feb 202603,47463.503.75$13,029
Jan 202601,46659.138.00$11,725
Dec 202501,58256.664.41$6,982
Nov 202501,61258.593.93$6,329
Oct 202501,65959.383.30$5,483
Sep 202501,30662.743.08$4,018
Aug 202501,61963.933.01$4,881
Jul 2025087066.743.32$2,884
Jun 202501,50766.483.13$4,715
May 202501,53560.553.23$4,962
Apr 2025076462.363.54$2,707
Mar 202501,18167.704.27$5,041
Feb 202501,34970.884.34$5,856
Jan 202501,51474.324.28$6,478
Dec 202401,58268.993.12$4,938
Nov 202401,39969.052.20$3,076
Oct 202401,58771.372.28$3,621
Sep 202401,58569.612.36$3,748
Aug 202401,62675.632.06$3,355
Jul 202401,59179.932.15$3,415
Jun 202401,53978.082.63$4,054
May 202401,51878.812.20$3,337
Apr 202401,39084.451.66$2,306
Mar 202401,44580.301.55$2,233
Feb 202401,40476.091.78$2,504
Jan 202401,32673.023.30$4,373
Dec 202301,26571.262.61$3,303
Nov 202301,45477.892.81$4,082
Oct 202301,50685.443.09$4,649
Sep 202301,48589.042.74$4,062
Aug 202301,70780.522.67$4,563
Jul 202301,57074.852.64$4,148
Jun 202301,51168.962.26$3,413
May 202301,52870.622.23$3,403
Apr 202301,46678.122.24$3,281
Mar 202301,49472.852.39$3,575
Feb 202301,35675.112.47$3,343
Jan 202301,50876.533.39$5,109
Dec 202201,64076.415.73$9,396
Nov 20221391,45585.005.65$20,030
Oct 202201,42487.185.86$8,350
Sep 202201,40884.888.16$11,494
Aug 202201,46894.529.13$13,399
Jul 202201,497101.587.54$11,290
Jun 202201,438115.097.98$11,471
May 202201,542109.378.43$13,004
Apr 202201,500104.226.84$10,256
Mar 202201,558108.885.08$7,909
Feb 202201,44491.054.86$7,016
Jan 202201,61881.844.54$7,342
Dec 202101,70171.323.90$6,632
Nov 202101,69177.435.24$8,856
Oct 202101,70179.795.71$9,719
Sep 202101,79069.865.35$9,578
Aug 202101,84966.024.22$7,804
Jul 202101,89970.783.98$7,562
Jun 202101,86469.493.38$6,301
May 202101,93763.483.02$5,845
Apr 202101,88960.362.76$5,211
Mar 202101,97561.302.72$5,366
Feb 202101,75257.805.55$9,720
Jan 202102,00950.412.81$5,646
Dec 202002,03744.642.68$5,450
Nov 202001,80138.772.71$4,875
Oct 202002,07036.972.48$5,130
Sep 202001,90637.091.99$3,795
Aug 202002,14539.982.39$5,116
Jul 202002,19338.371.83$4,002
Jun 202002,14234.901.69$3,621
May 202002,23716.921.81$4,060
Apr 202002,17414.751.80$3,923
Mar 202002,27530.341.86$4,223
Feb 202002,11749.881.98$4,193
Jan 202002,27657.252.09$4,768
Dec 2019922,25659.012.30$10,628
Nov 201902,15755.302.75$5,933
Oct 201902,14053.472.42$5,176
Sep 201902,05255.052.66$5,453
Aug 201902,12153.112.30$4,888
Jul 201902,12956.272.46$5,237
Jun 201902,04852.782.49$5,102
May 201902,27558.482.74$6,234
Apr 201902,15262.632.75$5,920
Mar 201902,18856.803.06$6,700
Feb 201902,18550.852.79$6,101
Jan 201902,07146.033.23$6,686
Dec 201801,67846.594.19$7,023
Nov 201802,08852.934.24$8,847
Oct 201802,15461.443.40$7,319
Sep 201802,19259.543.11$6,813
Aug 20181631,18659.403.07$13,319
Jul 201802,04465.142.93$5,993
Jun 201801,88160.183.08$5,788
May 201801,93565.382.90$5,613
Apr 201802,00263.842.90$5,807
Mar 201801,86461.222.79$5,195
Feb 201801,65161.782.77$4,567
Jan 201801,97562.874.01$7,918
Dec 201701,99457.272.92$5,826
Nov 201701,96955.423.12$6,140
Oct 201702,12549.292.98$6,340
Sep 201702,06447.523.09$6,372
Aug 201702,06645.373.00$6,207
Jul 201702,05643.873.09$6,347
Jun 201702,00042.493.09$6,175
May 201702,06545.373.26$6,739
Apr 201702,02747.933.21$6,510
Mar 201702,14846.772.98$6,409
Feb 201702,01050.452.95$5,935
Jan 201702,27849.413.42$7,788
Dec 201602,22348.763.72$8,276
Nov 201602,01642.492.64$5,331
Oct 201602,09146.193.09$6,462
Sep 201602,07941.553.10$6,446
Aug 201602,20441.442.92$6,445
Jul 201602,04841.622.92$5,989
Jun 201601,97345.352.69$5,299
May 201602,13742.521.99$4,255
Apr 201602,14136.561.99$4,263
Mar 20161632,19433.011.79$9,317
Feb 201602,03726.472.06$4,204
Jan 201642,17527.352.36$5,252
Dec 201502,13532.362.00$4,273
Nov 201502,08538.792.17$4,519
Oct 201512,19543.552.43$5,370
Sep 201502,17442.992.76$5,997
Aug 201502,29240.162.87$6,584
Jul 201502,33148.152.95$6,865
Jun 201502,23656.152.88$6,446
May 201502,50955.212.96$7,415
Apr 201502,36549.822.71$6,401
Mar 201502,48242.892.93$7,284
Feb 201502,24744.662.98$6,688
Jan 201502,39643.433.10$7,429
Dec 201402,20654.693.59$7,923
Nov 201402,09870.464.25$8,920
Oct 201401,90878.303.90$7,443
Sep 201401,50286.164.05$6,076
Aug 201401,92589.394.04$7,768
Jul 201401,94996.564.18$8,146
Jun 201401,92598.164.74$9,118
May 201402,13594.734.73$10,091
Apr 2014761,97095.944.81$16,765
Mar 201402,33695.895.06$11,813
Feb 201402,00897.406.19$12,434
Jan 201402,29390.404.86$11,146
Dec 201301,91191.824.35$8,321
Nov 201301,82488.853.74$6,819
Oct 201301,80197.423.78$6,807
Sep 201301,772104.113.72$6,588
Aug 201302,059104.253.52$7,253
Jul 201301,902102.523.72$7,071
Jun 201302,09394.403.93$8,233
May 201312,22694.834.15$9,331
Apr 201302,23193.964.28$9,554
Mar 201302,48093.623.91$9,704
Feb 201302,32691.233.42$7,955
Jan 201302,61291.603.42$8,933
Dec 201202,67686.773.42$9,152
Nov 201202,70486.953.62$9,802
Oct 201202,59489.383.40$8,819
Sep 201202,59894.672.92$7,582
Aug 201202,86392.662.91$8,326
Jul 201202,66485.133.02$8,047
Jun 201202,68979.822.52$6,774
May 201202,71891.612.49$6,763
Apr 201202,770101.652.00$5,531
Mar 201202,846105.052.22$6,324
Feb 201202,697101.102.57$6,932
Jan 201202,94798.092.73$8,057
Dec 201103,10096.873.24$10,043
Nov 201102,99495.723.31$9,914
Oct 201103,13084.983.65$11,420
Sep 201102,84383.623.99$11,332
Aug 201102,96683.404.15$12,307
Jul 201103,05494.144.52$13,796
Jun 201103,37692.904.64$15,664
May 201103,05898.134.40$13,470
Apr 201103,244105.964.33$14,057
Mar 201103,44096.364.06$13,957
Feb 201102,67685.644.18$11,186
Jan 201102,90386.504.59$13,321
Dec 201003,63785.734.35$15,813
Nov 201003,51980.843.80$13,356
Oct 201003,72578.103.51$13,071
Sep 20101693,50672.633.98$26,226
Aug 201003,59673.684.42$15,892
Jul 201003,78372.554.74$17,918
Jun 201003,52970.364.91$17,329
May 201003,66171.124.24$15,505
Apr 201003,59581.694.12$14,821
Mar 201003,81978.394.39$16,760
Feb 201003,35373.585.44$18,248
Jan 201003,64274.365.96$21,721
Dec 200903,26671.445.48$17,910
Nov 200902,81274.593.75$10,549
Oct 200902,73972.544.11$11,258
Sep 200902,59065.543.06$7,938
Aug 200902,88467.423.22$9,282
Jul 200902,25861.133.46$7,823
Jun 20091772,51066.163.90$21,487
May 200902,70854.743.93$10,631
Apr 200902,64246.773.59$9,478
Mar 200902,79042.144.06$11,325
Feb 200902,58132.814.63$11,958
Jan 200902,46335.865.37$13,229
Dec 200802,75437.105.98$16,461
Nov 200802,85655.496.86$19,593
Oct 200802,98875.246.92$20,683
Sep 200802,966101.767.88$23,363
Aug 200802,702114.228.48$22,921
Jul 200802,633131.0811.39$29,988
Jun 200802,548131.3313.03$33,207
May 200802,370123.1711.57$27,431
Apr 200802,349110.3110.45$24,558
Mar 200802,551101.909.66$24,653
Feb 200802,68492.538.77$23,540
Jan 200802,76290.388.21$22,664
Dec 200702,87788.337.30$21,008
Nov 200702,42391.677.29$17,668
Oct 200702,24582.856.92$15,540
Sep 200702,33575.846.24$14,580
Aug 200702,62269.066.39$16,749
Jul 200702,46670.906.39$15,753
Jun 200702,47662.007.55$18,690
May 200702,45458.747.85$19,255
Apr 200702,34759.617.81$18,319
Mar 200702,36556.927.30$17,269
Feb 200702,78555.108.22$22,882
Jan 200702,83250.306.73$19,050
Dec 200602,95956.656.92$20,472
Nov 200603,86454.207.62$29,434
Oct 2006055954.906.01$3,362
Sep 200601,40660.085.04$7,082
Aug 200602,10368.717.34$15,436
Jul 20061692,73869.376.34$29,090
Jun 200602,86666.286.38$18,296
May 200602,95466.016.42$18,979
Apr 200603,37264.397.36$24,820
Mar 200603,76856.707.08$26,688
Feb 200602,76557.597.75$21,432
Jan 200603,93560.598.93$35,153
Dec 200504,21654.9413.42$56,559
Nov 200504,03154.6910.59$42,682
Oct 200502,47558.3413.80$34,145
Sep 200502,89161.4512.08$34,920
Aug 200503,80161.519.80$37,238
Jul 20051733,09455.697.84$33,903
Jun 200502,16252.337.38$15,958
May 200503,07945.226.65$20,479
Apr 200503,34249.207.36$24,599
Mar 200503,80350.377.15$27,210
Feb 200503,64745.226.31$23,020
Jan 200503,37243.166.32$21,318
Dec 200403,64439.866.75$24,601
Nov 200403,24045.286.33$20,511
Oct 200403,91349.706.52$25,494
Sep 200403,38743.245.28$17,897
Aug 200403,59642.375.55$19,960
Jul 200403,16138.286.08$19,232
Jun 200403,49736.106.43$22,496
May 200403,45737.486.49$22,452
Apr 200403,66534.475.86$21,471
Mar 200404,13934.365.53$22,889
Feb 200403,21332.455.51$17,702
Jan 200404,20832.036.30$26,509
Dec 200303,27430.266.30$20,632
Nov 200303,29028.804.60$15,118
Oct 200304,60828.174.76$21,932
Sep 200303,95826.314.75$18,798
Aug 200304,52429.765.13$23,207
Jul 200304,59829.415.17$23,776
Jun 200304,11528.565.98$24,620
May 200304,24326.595.97$25,342
Apr 200304,31826.675.41$23,349
Mar 200304,67331.146.10$28,487
Feb 200304,16733.487.93$33,027
Jan 200304,49930.315.58$25,114
Dec 200204,84926.914.85$23,536
Nov 200205,02624.664.14$20,792
Oct 200204,85726.464.23$20,541
Sep 200203,61327.443.64$13,134
Aug 2002013325.963.16$421
Jul 20020024.583.06$0
Jun 200201,71623.733.34$5,728
May 200204,42124.663.58$15,845
Apr 200204,30823.653.51$15,131
Mar 20021644,25822.003.10$16,819
Feb 200203,75218.222.38$8,914
Jan 200203,59217.172.38$8,533
Dec 200104,20016.932.36$9,930
Nov 200103,51918.072.41$8,465
Oct 200104,67919.782.53$11,833
Sep 200104,01324.262.25$9,035
Aug 200104,36424.873.05$13,324
Jul 200104,11323.933.20$13,150
Jun 200104,61724.563.82$17,656
May 200104,28825.524.31$18,470
Apr 200104,20024.685.34$22,408
Mar 200104,06424.545.38$21,850
Feb 20011643,85027.755.77$26,754
Jan 200104,20827.478.40$35,342
Dec 200005,12026.889.12$46,707
Nov 200004,47632.215.66$25,325
Oct 200004,72431.235.15$24,307
Sep 200004,58131.875.19$23,759
Aug 200004,83729.644.54$21,964
Jul 200004,74128.534.09$19,390
Jun 200005,49129.304.40$24,145
May 200006,18327.263.68$22,752
Apr 200005,58824.513.12$17,412
Mar 20001595,77328.422.86$21,028
Feb 200005,07527.622.73$13,837
Jan 200005,34325.272.48$13,253
Dec 199904,96224.282.42$12,027
Nov 199905,52523.192.43$13,448
Oct 199906,16220.982.80$17,276
Sep 199906,35221.752.62$16,635
Aug 199906,28119.262.88$18,062
Jul 199906,43217.892.37$15,259
Jun 19991756,43815.942.36$17,997
May 199906,25115.792.32$14,509
Apr 199906,62815.102.21$14,635
Mar 199908,36812.471.84$15,383
Feb 199906,8949.981.82$12,532
Jan 199906,96410.381.90$13,231
Dec 199807,0079.201.77$12,426
Nov 199808,06710.892.19$17,632
Oct 199806,38412.421.97$12,571
Sep 199806,81212.592.08$14,187
Aug 199806,75511.301.91$12,884
Jul 199807,46911.742.24$16,710
Jun 199807,20711.242.24$16,124
May 199807,54712.622.21$16,651
Apr 19981817,53213.042.51$21,230
Mar 199808,11412.802.31$18,739
Feb 199807,71413.952.30$17,735
Jan 199809,00614.702.15$19,406
Dec 199709,10816.322.41$21,960
Nov 199707,97018.193.09$24,613
Oct 199709,17419.253.15$28,896
Sep 19971459,12417.742.95$29,533
Aug 199709,95717.862.55$25,438
Jul 1997010,64317.582.25$23,914
Jun 199709,89517.242.26$22,335
May 1997011,52418.972.31$26,603
Apr 1997011,17117.882.08$23,267
Mar 1997011,03018.951.94$21,389
Feb 199717511,52820.492.21$29,015
Jan 1997013,11123.483.54$46,409
Dec 1996012,68223.32$0
Nov 199617411,20421.97$3,823
Oct 1996011,86523.31$0
Sep 1996014,20622.22$0
Aug 1996014,25320.26$0
Jul 1996314,04519.55$59
Jun 1996311,63918.73$56
May 199607,87519.43$0
Apr 199606,85021.51$0
Mar 19961724,55319.38$3,333
Feb 199608,15416.98$0
Jan 199607,34217.07$0
Dec 199506,35917.19$0
Nov 199507,17316.00$0
Oct 199506,42315.43$0
Sep 199507,63016.18$0
Aug 19951775,15415.92$2,818
Jul 199506,59215.24$0
Jun 199505,93916.41$0
May 199508,64917.56$0
Apr 1995011,63517.73$0
Mar 199517416,88116.44$2,861
Feb 19950016.58$0
Jan 199505,89715.92$0
Dec 199418514,35015.03$2,781
Nov 1994115,31915.90$16
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 199419,94717.56$18
Jun 199409,73117.09$0
May 1994114,65315.88$16
Apr 1994213,42314.14$28
Mar 199418316,75712.46$2,280
Feb 1994414,58412.50$50
Jan 199429,88112.66$25
Dec 199316912,83312.33$2,084
Nov 1993017,29014.49$0
Oct 1993022,28215.85$0
Sep 1993023,59515.03$0
Aug 1993126,38715.66$16
Jul 199317521,56615.46$2,706
Jun 1993019,75116.79$0
May 199317021,91617.68$3,006
Apr 199317818,51318.05$3,213
Mar 1993012,56718.14$0
Feb 199306,66817.90$0
Jan 1993014,28116.93$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                1,370 Mcf  × $  3.05 =     $4,173

────────────────────────────────────────────────────
Month total                                   $4,173

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/140133 is the state's own key, not one this site invented.