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 142169District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$56 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 Gas111993-02-18126097
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
CondensateDisposition8,397 bbl$222,398
GasProduction1,985,578 Mcf$4,551,325
Total$4,773,723

828,777 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 32.3666, -94.5056. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36659, -94.50558 · 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
10,325 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 10,325 ft.

Completions filed
Nov 1992
1 of 1 wells

1 well

42-40132356410,325 ftNov 1992

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 202601,483106.413.05$4,517
Apr 202601,72798.932.87$4,956
Mar 202601,66689.753.15$5,247
Feb 202601,66663.503.75$6,248
Jan 2026072659.138.00$5,806
Dec 202501,03856.664.41$4,581
Nov 202501,05658.593.93$4,146
Oct 202501,24059.383.30$4,098
Sep 202501,14862.743.08$3,532
Aug 202501,78963.933.01$5,393
Jul 202501,11566.743.32$3,696
Jun 202501,13666.483.13$3,554
May 202501,52760.553.23$4,936
Apr 202501,64862.363.54$5,839
Mar 202501,53767.704.27$6,560
Feb 202501,64670.884.34$7,145
Jan 202501,56274.324.28$6,683
Dec 2024701,70868.993.12$10,161
Nov 202401,56569.052.20$3,441
Oct 202401,78071.372.28$4,061
Sep 202401,79869.612.36$4,251
Aug 202401,88975.632.06$3,898
Jul 202401,84779.932.15$3,965
Jun 202401,72878.082.63$4,552
May 202401,68078.812.20$3,693
Apr 202401,46884.451.66$2,436
Mar 202401,77980.301.55$2,749
Feb 202401,36676.091.78$2,436
Jan 202401,64073.023.30$5,408
Dec 202311,73771.262.61$4,606
Nov 202301,78477.892.81$5,009
Oct 202301,87785.443.09$5,795
Sep 202301,70389.042.74$4,658
Aug 202301,94780.522.67$5,204
Jul 202311,99674.852.64$5,348
Jun 202301,98068.962.26$4,472
May 202302,04170.622.23$4,546
Apr 202301,84778.122.24$4,133
Mar 202301,92772.852.39$4,612
Feb 202301,77875.112.47$4,384
Jan 202301,78776.533.39$6,054
Dec 202201,90376.415.73$10,902
Nov 20221251,82685.005.65$20,935
Oct 202201,82787.185.86$10,713
Sep 202201,78984.888.16$14,605
Aug 202201,82494.529.13$16,648
Jul 202201,956101.587.54$14,752
Jun 202201,921115.097.98$15,324
May 202202,012109.378.43$16,967
Apr 202201,783104.226.84$12,191
Mar 202201,614108.885.08$8,193
Feb 202201,71991.054.86$8,352
Jan 202201,23281.844.54$5,590
Dec 202101,29071.323.90$5,030
Nov 202101,08977.435.24$5,703
Oct 202101,46779.795.71$8,382
Sep 202101,47969.865.35$7,914
Aug 202101,79366.024.22$7,568
Jul 202102,01170.783.98$8,008
Jun 202101,98069.493.38$6,694
May 202101,75663.483.02$5,299
Apr 202101,94260.362.76$5,357
Mar 202102,23961.302.72$6,083
Feb 202101,85557.805.55$10,291
Jan 202102,33350.412.81$6,556
Dec 20201002,19644.642.68$10,339
Nov 202002,07638.772.71$5,619
Oct 202002,35936.972.48$5,847
Sep 202002,20737.091.99$4,394
Aug 202002,40939.982.39$5,746
Jul 202002,33538.371.83$4,262
Jun 202002,09234.901.69$3,536
May 202002,33016.921.81$4,228
Apr 202002,28114.751.80$4,116
Mar 202002,65930.341.86$4,936
Feb 202002,47049.881.98$4,892
Jan 202002,81457.252.09$5,895
Dec 201902,31859.012.30$5,342
Nov 20191612,60555.302.75$16,069
Oct 201902,90153.472.42$7,016
Sep 201902,62755.052.66$6,981
Aug 201902,98953.112.30$6,888
Jul 201903,02956.272.46$7,452
Jun 201902,94952.782.49$7,347
May 201902,90258.482.74$7,952
Apr 201902,80962.632.75$7,727
Mar 201902,62756.803.06$8,044
Feb 2019091950.852.79$2,566
Jan 2019081246.033.23$2,621
Dec 201802,52846.594.19$10,581
Nov 201802,76552.934.24$11,716
Oct 201803,08561.443.40$10,483
Sep 201802,92959.543.11$9,103
Aug 201802,95059.403.07$9,046
Jul 201803,04265.142.93$8,919
Jun 20181623,09660.183.08$19,275
May 201803,28665.382.90$9,532
Apr 201803,21563.842.90$9,326
Mar 201803,44061.222.79$9,587
Feb 201803,41961.782.77$9,457
Jan 201823,08662.874.01$12,499
Dec 201702,42257.272.92$7,076
Nov 201713,63955.423.12$11,403
Oct 201734,27749.292.98$12,909
Sep 201704,93247.523.09$15,226
Aug 201704,50145.373.00$13,523
Jul 201702,49843.873.09$7,712
Jun 2017087042.493.09$2,686
May 201701,00545.373.26$3,280
Apr 2017074347.933.21$2,386
Mar 2017095846.772.98$2,858
Feb 2017087750.452.95$2,589
Jan 2017097249.413.42$3,323
Dec 2016095848.763.72$3,566
Nov 2016093142.492.64$2,462
Oct 2016097246.193.09$3,004
Sep 2016099741.553.10$3,091
Aug 2016098041.442.92$2,866
Jul 2016099741.622.92$2,916
Jun 2016094045.352.69$2,525
May 2016099342.521.99$1,977
Apr 2016094036.561.99$1,872
Mar 2016098833.011.79$1,772
Feb 2016086026.472.06$1,775
Jan 2016080627.352.36$1,906
Dec 2015077332.362.00$1,547
Nov 2015079338.792.17$1,719
Oct 2015085943.552.43$2,084
Sep 2015084942.992.76$2,342
Aug 2015084540.162.87$2,427
Jul 2015081848.152.95$2,409
Jun 2015074556.152.88$2,148
May 2015081855.212.96$2,418
Apr 2015082649.822.71$2,236
Mar 2015086042.892.93$2,524
Feb 2015097544.662.98$2,902
Jan 2015083843.433.10$2,598
Dec 2014080054.693.59$2,873
Nov 2014070170.464.25$2,981
Oct 2014090878.303.90$3,542
Sep 2014081786.164.05$3,305
Aug 2014083289.394.04$3,357
Jul 2014088796.564.18$3,707
Jun 2014088098.164.74$4,168
May 2014087494.734.73$4,131
Apr 20143881795.944.81$7,575
Mar 2014082495.895.06$4,167
Feb 2014075097.406.19$4,644
Jan 2014087290.404.86$4,239
Dec 2013085691.824.35$3,727
Nov 2013086188.853.74$3,219
Oct 2013087997.423.78$3,322
Sep 20130931104.113.72$3,461
Aug 20130936104.253.52$3,297
Jul 20130955102.523.72$3,550
Jun 2013093794.403.93$3,686
May 201301,04194.834.15$4,319
Apr 201301,00893.964.28$4,317
Mar 201301,02793.623.91$4,019
Feb 2013089891.233.42$3,071
Jan 201301,04191.603.42$3,560
Dec 201201,07186.773.42$3,663
Nov 201201,00686.953.62$3,647
Oct 201201,02989.383.40$3,498
Sep 201201,00694.672.92$2,936
Aug 201201,06192.662.91$3,086
Jul 201201,08585.133.02$3,278
Jun 201201,06479.822.52$2,680
May 201201,09091.612.49$2,712
Apr 201201,090101.652.00$2,177
Mar 201201,113105.052.22$2,473
Feb 201201,057101.102.57$2,717
Jan 201201,08398.092.73$2,961
Dec 201101,05096.873.24$3,402
Nov 201101,10495.723.31$3,656
Oct 201101,19484.983.65$4,356
Sep 201101,17883.623.99$4,695
Aug 201101,20583.404.15$5,000
Jul 201101,20894.144.52$5,457
Jun 201101,31392.904.64$6,092
May 201101,18598.134.40$5,220
Apr 201101,369105.964.33$5,932
Mar 201101,50696.364.06$6,110
Feb 201101,28285.644.18$5,359
Jan 201101,34786.504.59$6,181
Dec 201001,38685.734.35$6,026
Nov 201001,38280.843.80$5,245
Oct 201001,27878.103.51$4,484
Sep 201001,60972.633.98$6,403
Aug 201001,88773.684.42$8,339
Jul 201002,86872.554.74$13,584
Jun 201003,78770.364.91$18,596
May 201002,15571.124.24$9,127
Apr 201001,75981.694.12$7,252
Mar 201002,06878.394.39$9,076
Feb 201001,89273.585.44$10,297
Jan 201001,09474.365.96$6,525
Dec 200901,12271.445.48$6,153
Nov 20091541,27674.593.75$16,274
Oct 200903,06072.544.11$12,577
Sep 200902,33265.543.06$7,147
Aug 200902,26967.423.22$7,303
Jul 2009098861.133.46$3,423
Jun 200901,15866.163.90$4,510
May 200901,13354.743.93$4,448
Apr 200901,25246.773.59$4,492
Mar 200901,21542.144.06$4,932
Feb 200901,08432.814.63$5,022
Jan 2009088935.865.37$4,775
Dec 200801,06637.105.98$6,372
Nov 200801,31855.496.86$9,042
Oct 200801,57175.246.92$10,874
Sep 200802,945101.767.88$23,198
Aug 200803,371114.228.48$28,596
Jul 200801,454131.0811.39$16,560
Jun 200801,426131.3313.03$18,585
May 200801,527123.1711.57$17,674
Apr 200801,716110.3110.45$17,941
Mar 200803,416101.909.66$33,012
Feb 200802,58692.538.77$22,681
Jan 200802,19490.388.21$18,003
Dec 200702,34988.337.30$17,152
Nov 20071782,12891.677.29$31,834
Oct 2007075382.856.92$5,212
Sep 200701,63975.846.24$10,234
Aug 200701,84769.066.39$11,799
Jul 200701,82570.906.39$11,658
Jun 200701,75262.007.55$13,225
May 200701,77858.747.85$13,951
Apr 2007096859.617.81$7,555
Mar 2007097656.927.30$7,127
Feb 200701,51555.108.22$12,447
Jan 200703,37550.306.73$22,703
Dec 200602,81056.656.92$19,441
Nov 200602,07954.207.62$15,837
Oct 200601,25454.906.01$7,541
Sep 200602,89260.085.04$14,568
Aug 200602,40768.717.34$17,667
Jul 200602,38569.376.34$15,127
Jun 200602,28666.286.38$14,594
May 200602,54366.016.42$16,339
Apr 200623,09064.397.36$22,873
Mar 20061503,38856.707.08$32,502
Feb 200632,64257.597.75$20,651
Jan 200603,41460.598.93$30,498
Dec 200503,85354.9413.42$51,690
Nov 200504,17354.6910.59$44,185
Oct 200523,32258.3413.80$45,946
Sep 200512,38661.4512.08$28,882
Aug 200503,51961.519.80$34,475
Jul 200513,07555.697.84$24,175
Jun 20051802,79052.337.38$30,013
May 200503,63145.226.65$24,150
Apr 200502,90349.207.36$21,367
Mar 200502,56350.377.15$18,338
Feb 200503,25445.226.31$20,539
Jan 200502,70043.166.32$17,070
Dec 200403,78439.866.75$25,546
Nov 200405,24645.286.33$33,209
Oct 200403,74049.706.52$24,366
Sep 200403,82243.245.28$20,195
Aug 200403,82942.375.55$21,253
Jul 200403,51238.286.08$21,368
Jun 20041734,13236.106.43$32,827
May 200404,19837.486.49$27,264
Apr 200404,00534.475.86$23,463
Mar 200403,80634.365.53$21,048
Feb 200402,04132.455.51$11,245
Jan 200403,27532.036.30$20,631
Dec 200304,76630.266.30$30,034
Nov 200304,98228.804.60$22,893
Oct 200304,24328.174.76$20,195
Sep 200304,02826.314.75$19,130
Aug 200305,59929.765.13$28,721
Jul 200304,46929.415.17$23,108
Jun 200304,07428.565.98$24,375
May 200305,57626.595.97$33,304
Apr 200306,14926.675.41$33,249
Mar 20031754,92831.146.10$35,491
Feb 200304,98933.487.93$39,542
Jan 200305,88730.315.58$32,861
Dec 200206,02626.914.85$29,249
Nov 200204,74924.664.14$19,646
Oct 200203,02526.464.23$12,793
Sep 200204,21727.443.64$15,330
Aug 200205,42925.963.16$17,178
Jul 20021645,57624.583.06$21,103
Jun 200205,83523.733.34$19,479
May 200206,39024.663.58$22,902
Apr 200206,36323.653.51$22,349
Mar 200206,69722.003.10$20,779
Feb 20021786,17818.222.38$17,920
Jan 200206,96617.172.38$16,549
Dec 200107,06916.932.36$16,714
Nov 200106,21418.072.41$14,948
Oct 200107,14619.782.53$18,071
Sep 200107,04124.262.25$15,852
Aug 20011697,89324.873.05$28,302
Jul 200107,95723.933.20$25,439
Jun 200108,15324.563.82$31,178
May 200108,11225.524.31$34,941
Apr 20011757,61424.685.34$44,942
Mar 200109,48324.545.38$50,985
Feb 200109,31227.755.77$53,703
Jan 2001011,07127.478.40$92,983
Dec 200017412,03226.889.12$114,439
Nov 200002,23832.215.66$12,663
Oct 200002,95831.235.15$15,220
Sep 200003,69731.875.19$19,174
Aug 20001665,11229.644.54$28,133
Jul 200004,80228.534.09$19,639
Jun 200001,44629.304.40$6,358
May 200008,21527.263.68$30,229
Apr 200007,58524.513.12$23,635
Mar 20001808,88828.422.86$30,533
Feb 200007,51627.622.73$20,492
Jan 200008,41225.272.48$20,866
Dec 199908,08224.282.42$19,589
Nov 199908,07023.192.43$19,642
Oct 199908,19520.982.80$22,976
Sep 199907,99721.752.62$20,943
Aug 19991808,22019.262.88$27,104
Jul 199908,20817.892.37$19,472
Jun 199908,26015.942.36$19,511
May 199908,03315.792.32$18,645
Apr 199908,09815.102.21$17,881
Mar 199908,51512.471.84$15,653
Feb 199907,8589.981.82$14,284
Jan 19991858,82010.381.90$18,678
Dec 199808,8409.201.77$15,676
Nov 199808,80810.892.19$19,252
Oct 199809,67212.421.97$19,046
Sep 199809,25712.592.08$19,279
Aug 199809,37111.301.91$17,874
Jul 199809,33611.742.24$20,887
Jun 19981759,48011.242.24$23,176
May 1998010,03212.622.21$22,134
Apr 199809,91413.042.51$24,838
Mar 1998010,15712.802.31$23,457
Feb 199809,63113.952.30$22,143
Jan 1998010,41614.702.15$22,444
Dec 1997011,08916.322.41$26,737
Nov 19971749,88518.193.09$33,693
Oct 1997011,63919.253.15$36,661
Sep 1997011,54617.742.95$34,117
Aug 1997011,53317.862.55$29,464
Jul 1997012,02117.582.25$27,010
Jun 199717811,70717.242.26$29,494
May 1997012,57918.972.31$29,039
Apr 1997012,34117.882.08$25,704
Mar 1997013,56518.951.94$26,304
Feb 199718211,55320.492.21$29,214
Jan 1997014,13823.483.54$50,044
Dec 1996014,90823.32$0
Nov 1996015,02121.97$0
Oct 199617512,94423.31$4,079
Sep 1996015,51222.22$0
Aug 1996017,13820.26$0
Jul 199618524,02719.55$3,617
Jun 1996010,34618.73$0
May 199617310,31119.43$3,361
Apr 1996011,08521.51$0
Mar 1996010,85619.38$0
Feb 199618010,35616.98$3,056
Jan 1996011,02417.07$0
Dec 1995011,25817.19$0
Nov 199518411,78216.00$2,944
Oct 1995011,90115.43$0
Sep 1995010,04916.18$0
Aug 199517910,92815.92$2,850
Jul 1995010,58615.24$0
Jun 199517811,84516.41$2,921
May 1995013,30417.56$0
Apr 199517913,91117.73$3,174
Mar 1995019,92716.44$0
Feb 19950016.58$0
Jan 199506,17515.92$0
Dec 199417622,13515.03$2,645
Nov 199418416,30815.90$2,926
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 1994114,69617.56$18
Jun 199417112,45417.09$2,922
May 1994219,76315.88$32
Apr 199418119,73914.14$2,559
Mar 199418521,14312.46$2,305
Feb 1994118,27412.50$13
Jan 199418620,54112.66$2,355
Dec 1993021,40412.33$0
Nov 199317423,69514.49$2,521
Oct 199317527,39815.85$2,774
Sep 1993128,85915.03$15
Aug 199318232,65815.66$2,850
Jul 199317837,04415.46$2,752
Jun 199316537,90216.79$2,770
May 199334544,07317.68$6,100
Apr 199316940,06818.05$3,050
Mar 199335137,29818.14$6,367
Feb 1993017,64217.90$0
Jan 199317420,48916.93$2,946

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                1,483 Mcf  × $  3.05 =     $4,517

────────────────────────────────────────────────────
Month total                                   $4,517

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/142169 is the state's own key, not one this site invented.