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 142170District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$36 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 Gas111993-03-24126091
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
CondensateDisposition6,514 bbl$197,084
GasProduction1,226,367 Mcf$3,755,153
Total$3,952,237

335,302 Mcf of this lease's gas, across 43 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 32.3663, -94.4890. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36634, -94.48903 · 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
Jan 1993
1 of 1 wells

1 well

42-36532559510,300 ftJan 1993

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 20260699106.413.05$2,129
Apr 202601,02498.932.87$2,939
Mar 2026094689.753.15$2,979
Feb 20260063.503.75$0
Jan 2026092059.138.00$7,358
Dec 2025091756.664.41$4,047
Nov 2025098858.593.93$3,879
Oct 202501,16159.383.30$3,837
Sep 2025079262.743.08$2,437
Aug 2025076463.933.01$2,303
Jul 2025059366.743.32$1,966
Jun 2025069866.483.13$2,184
May 2025080960.553.23$2,615
Apr 2025067662.363.54$2,395
Mar 2025067867.704.27$2,894
Feb 2025098570.884.34$4,276
Jan 2025092974.324.28$3,975
Dec 202401,27568.993.12$3,980
Nov 20241585869.052.20$2,922
Oct 202401,10371.372.28$2,516
Sep 202401,26869.612.36$2,998
Aug 202401,38275.632.06$2,852
Jul 202401,52979.932.15$3,282
Jun 202401,62078.082.63$4,267
May 202401,84178.812.20$4,047
Apr 202401,21184.451.66$2,009
Mar 2024099280.301.55$1,533
Feb 202401,02976.091.78$1,835
Jan 202401,76573.023.30$5,820
Dec 202301,04271.262.61$2,720
Nov 202301,13177.892.81$3,175
Oct 202301,03885.443.09$3,205
Sep 2023401,03889.042.74$6,401
Aug 202301,05380.522.67$2,815
Jul 202301,03974.852.64$2,745
Jun 202301,02768.962.26$2,319
May 202301,06070.622.23$2,361
Apr 20234269378.122.24$4,832
Mar 202301,00772.852.39$2,410
Feb 202301,00275.112.47$2,471
Jan 202301,01076.533.39$3,422
Dec 2022095976.415.73$5,494
Nov 20224299085.005.65$9,160
Oct 202201,10787.185.86$6,491
Sep 202201,01984.888.16$8,319
Aug 202201,06494.529.13$9,711
Jul 2022401,068101.587.54$12,118
Jun 202201,057115.097.98$8,432
May 202201,109109.378.43$9,352
Apr 202201,046104.226.84$7,152
Mar 2022421,081108.885.08$10,061
Feb 2022094891.054.86$4,606
Jan 202201,11681.844.54$5,064
Dec 202101,15971.323.90$4,519
Nov 202101,10077.435.24$5,761
Oct 202101,16579.795.71$6,657
Sep 202101,29769.865.35$6,940
Aug 202101,26266.024.22$5,326
Jul 2021411,12870.783.98$7,394
Jun 202101,24969.493.38$4,222
May 202101,36463.483.02$4,116
Apr 202101,21760.362.76$3,357
Mar 202101,56461.302.72$4,249
Feb 202101,36857.805.55$7,590
Jan 202101,54950.412.81$4,353
Dec 2020331,69844.642.68$6,016
Nov 202001,62038.772.71$4,385
Oct 202001,71636.972.48$4,253
Sep 202001,51537.091.99$3,016
Aug 2020771,72139.982.39$7,183
Jul 202001,75538.371.83$3,203
Jun 202001,82234.901.69$3,080
May 202001,69116.921.81$3,069
Apr 202001,55114.751.80$2,799
Mar 202001,22230.341.86$2,268
Feb 202001,20149.881.98$2,379
Jan 202001,25857.252.09$2,635
Dec 201901,21459.012.30$2,797
Nov 2019801,32555.302.75$8,069
Oct 201901,84353.472.42$4,457
Sep 201903,05455.052.66$8,115
Aug 201903,33753.112.30$7,690
Jul 201903,16756.272.46$7,791
Jun 201902,77852.782.49$6,921
May 2019401,44058.482.74$6,285
Apr 201901,55162.632.75$4,266
Mar 201901,95456.803.06$5,983
Feb 201902,06550.852.79$5,766
Jan 201901,58246.033.23$5,107
Dec 201801,69846.594.19$7,107
Nov 201801,68552.934.24$7,140
Oct 201801,90461.443.40$6,470
Sep 201801,77659.543.11$5,520
Aug 201801,91559.403.07$5,872
Jul 201802,48965.142.93$7,297
Jun 201801,24060.183.08$3,815
May 20183826765.382.90$3,259
Apr 2018087263.842.90$2,530
Mar 2018092261.222.79$2,569
Feb 2018094861.782.77$2,622
Jan 201801,27362.874.01$5,104
Dec 2017701,41457.272.92$8,140
Nov 201701,37255.423.12$4,278
Oct 201701,42249.292.98$4,243
Sep 201701,46047.523.09$4,507
Aug 201701,59545.373.00$4,792
Jul 201701,70343.873.09$5,258
Jun 2017371,67442.493.09$6,740
May 201701,73045.373.26$5,646
Apr 201701,94147.933.21$6,234
Mar 2017472,07346.772.98$8,383
Feb 201701,91950.452.95$5,666
Jan 201702,22249.413.42$7,597
Dec 201612,07448.763.72$7,770
Nov 201602,22442.492.64$5,881
Oct 201602,37146.193.09$7,327
Sep 201602,18641.553.10$6,778
Aug 201601,66941.442.92$4,881
Jul 2016421,63641.622.92$6,532
Jun 201601,71745.352.69$4,612
May 2016301,71842.521.99$4,696
Apr 201601,62836.561.99$3,241
Mar 201601,67933.011.79$3,012
Feb 201601,59926.472.06$3,300
Jan 201601,78127.352.36$4,211
Dec 2015871,86032.362.00$6,538
Nov 201501,66738.792.17$3,613
Oct 201501,67843.552.43$4,072
Sep 201501,78142.992.76$4,913
Aug 201501,82840.162.87$5,251
Jul 201501,95948.152.95$5,769
Jun 201501,80256.152.88$5,195
May 201501,91255.212.96$5,651
Apr 201501,85849.822.71$5,029
Mar 201501,72342.892.93$5,057
Feb 201501,60344.662.98$4,771
Jan 201502,53143.433.10$7,848
Dec 201402,46954.693.59$8,867
Nov 201402,35370.464.25$10,005
Oct 201402,26178.303.90$8,820
Sep 201402,22486.164.05$8,997
Aug 201402,30989.394.04$9,317
Jul 201402,41496.564.18$10,090
Jun 201401,91898.164.74$9,085
May 201401,88594.734.73$8,910
Apr 201401,76895.944.81$8,503
Mar 201401,68195.895.06$8,500
Feb 201401,59797.406.19$9,889
Jan 201402,10190.404.86$10,212
Dec 201302,23891.824.35$9,745
Nov 201302,18388.853.74$8,161
Oct 201302,31497.423.78$8,745
Sep 201302,148104.113.72$7,986
Aug 201302,319104.253.52$8,169
Jul 201302,042102.523.72$7,592
Jun 201301,92094.403.93$7,552
May 201302,03694.834.15$8,448
Apr 201301,93193.964.28$8,270
Mar 201302,01293.623.91$7,873
Feb 201301,72991.233.42$5,913
Jan 201302,06691.603.42$7,066
Dec 201202,24286.773.42$7,668
Nov 201202,10186.953.62$7,616
Oct 201202,26289.383.40$7,690
Sep 201202,16194.672.92$6,307
Aug 201202,45092.662.91$7,125
Jul 201202,28885.133.02$6,912
Jun 201202,33779.822.52$5,887
May 201202,33891.612.49$5,818
Apr 201202,319101.652.00$4,631
Mar 201202,376105.052.22$5,280
Feb 201202,328101.102.57$5,984
Jan 201202,51898.092.73$6,884
Dec 201102,45796.873.24$7,960
Nov 201102,53195.723.31$8,381
Oct 201102,47584.983.65$9,030
Sep 201102,61683.623.99$10,427
Aug 201102,60983.404.15$10,826
Jul 201102,16494.144.52$9,775
Jun 201102,08892.904.64$9,688
May 201101,85598.134.40$8,171
Apr 201101,950105.964.33$8,450
Mar 201101,92696.364.06$7,814
Feb 201101,78785.644.18$7,470
Jan 201101,73386.504.59$7,952
Dec 201002,13785.734.35$9,291
Nov 201002,37880.843.80$9,025
Oct 201002,48378.103.51$8,713
Sep 201051,66472.633.98$6,985
Aug 201002,21773.684.42$9,798
Jul 201002,36172.554.74$11,183
Jun 201002,13370.364.91$10,474
May 201002,44071.124.24$10,334
Apr 201001,88181.694.12$7,755
Mar 201002,08378.394.39$9,142
Feb 201012,08373.585.44$11,410
Jan 201002,22574.365.96$13,270
Dec 200902,31771.445.48$12,706
Nov 200902,15174.593.75$8,069
Oct 200903,49272.544.11$14,353
Sep 200902,50065.543.06$7,662
Aug 200902,75667.423.22$8,870
Jul 2009872,11961.133.46$12,660
Jun 200902,54866.163.90$9,924
May 200902,23554.743.93$8,774
Apr 200902,59746.773.59$9,317
Mar 200902,45242.144.06$9,953
Feb 200902,06732.814.63$9,576
Jan 200902,10735.865.37$11,317
Dec 2008982,24137.105.98$17,031
Nov 200802,54355.496.86$17,446
Oct 200802,51475.246.92$17,402
Sep 200802,401101.767.88$18,913
Aug 2008842,415114.228.48$30,081
Jul 200802,116131.0811.39$24,100
Jun 200802,233131.3313.03$29,102
May 200802,182123.1711.57$25,255
Apr 200802,425110.3110.45$25,353
Mar 2008902,565101.909.66$33,959
Feb 200802,61992.538.77$22,970
Jan 200803,29590.388.21$27,038
Dec 2007992,94988.337.30$30,278
Nov 200702,95391.677.29$21,532
Oct 200702,92882.856.92$20,268
Sep 200702,91375.846.24$18,189
Aug 200703,02669.066.39$19,330
Jul 200702,41670.906.39$15,433
Jun 200702,62362.007.55$19,800
May 200702,29558.747.85$18,007
Apr 2007922,44559.617.81$24,568
Mar 200702,66056.927.30$19,423
Feb 200702,31255.108.22$18,995
Jan 200704,67250.306.73$31,428
Dec 200605,64056.656.92$39,020
Nov 200605,32654.207.62$40,571
Oct 200602,26854.906.01$13,639
Sep 200603,28660.085.04$16,552
Aug 200603,09268.717.34$22,695
Jul 200602,92669.376.34$18,559
Jun 200602,78066.286.38$17,747
May 200601,65266.016.42$10,614
Apr 200602,69064.397.36$19,800
Mar 2006381,13456.707.08$10,187
Feb 200602,15057.597.75$16,665
Jan 200602,33760.598.93$20,877
Dec 200503,92354.9413.42$52,629
Nov 200502,06054.6910.59$21,812
Oct 2005102,36058.3413.80$33,141
Sep 200502,26461.4512.08$27,347
Aug 200502,10661.519.80$20,632
Jul 200502,95055.697.84$23,139
Jun 200502,60652.337.38$19,235
May 200501,65345.226.65$10,994
Apr 200553,28949.207.36$24,455
Mar 2005621,85350.377.15$16,381
Feb 2005441,59145.226.31$12,032
Jan 200504,54543.166.32$28,734
Dec 200405,72339.866.75$38,636
Nov 200402,85645.286.33$18,080
Oct 200403,02149.706.52$19,682
Sep 2004342,96143.245.28$17,116
Aug 200403,23942.375.55$17,979
Jul 2004363,94938.286.08$25,405
Jun 200404,39936.106.43$28,299
May 2004365,33937.486.49$36,024
Apr 2004342,34434.475.86$14,904
Mar 2004466,10534.365.53$35,342
Feb 2004894,24032.455.51$26,249
Jan 200402,77332.036.30$17,469
Dec 200303,69230.266.30$23,266
Nov 200303,19328.804.60$14,672
Oct 200302,99328.174.76$14,246
Sep 200302,61426.314.75$12,415
Aug 200302,80029.765.13$14,363
Jul 200302,95029.415.17$15,254
Jun 200302,86828.565.98$17,159
May 200303,14526.595.97$18,784
Apr 200304,00826.675.41$21,672
Mar 200302,99831.146.10$18,276
Feb 200303,22633.487.93$25,569
Jan 20031603,51530.315.58$24,470
Dec 20021713,49326.914.85$21,556
Nov 200203,19024.664.14$13,197
Oct 200203,48026.464.23$14,717
Sep 200203,45027.443.64$12,541
Aug 200203,95025.963.16$12,498
Jul 200204,10424.583.06$12,565
Jun 200203,45423.733.34$11,530
May 200203,73324.663.58$13,379
Apr 200203,72623.653.51$13,087
Mar 200204,14722.003.10$12,867
Feb 200203,42218.222.38$8,130
Jan 200204,30917.172.38$10,237
Dec 200103,94416.932.36$9,325
Nov 200103,87518.072.41$9,321
Oct 20011733,88119.782.53$13,237
Sep 200103,63824.262.25$8,190
Aug 200103,82024.873.05$11,663
Jul 200103,95123.933.20$12,632
Jun 200103,76424.563.82$14,394
May 200103,68925.524.31$15,890
Apr 200104,33924.685.34$23,150
Mar 200101,01124.545.38$5,436
Feb 20011683,15827.755.77$22,874
Jan 200103,95427.478.40$33,209
Dec 200003,83926.889.12$35,021
Nov 200003,60132.215.66$20,374
Oct 200004,04531.235.15$20,814
Sep 200004,45031.875.19$23,080
Aug 200004,04129.644.54$18,349
Jul 200004,50828.534.09$18,437
Jun 200004,07829.304.40$17,932
May 200004,14027.263.68$15,234
Apr 200004,68024.513.12$14,583
Mar 20001674,47328.422.86$17,538
Feb 200004,12527.622.73$11,247
Jan 200004,55125.272.48$11,289
Dec 199903,78424.282.42$9,171
Nov 199903,70623.192.43$9,020
Oct 199903,97720.982.80$11,150
Sep 199904,08321.752.62$10,693
Aug 199904,07319.262.88$11,712
Jul 199904,32917.892.37$10,270
Jun 199904,71715.942.36$11,142
May 19991654,17715.792.32$12,300
Apr 199904,40915.102.21$9,735
Mar 199904,35812.471.84$8,011
Feb 199904,3909.981.82$7,980
Jan 19991584,91810.381.90$10,984
Dec 199804,8079.201.77$8,524
Nov 199803,59310.892.19$7,853
Oct 199803,99912.421.97$7,875
Sep 199803,84212.592.08$8,001
Aug 199804,28511.301.91$8,173
Jul 199804,95511.742.24$11,086
Jun 199805,13911.242.24$11,497
May 199805,40612.622.21$11,927
Apr 19981804,73013.042.51$14,197
Mar 199805,01212.802.31$11,575
Feb 199804,82813.952.30$11,100
Jan 199805,22914.702.15$11,267
Dec 199707,41516.322.41$17,878
Nov 199706,48718.193.09$20,034
Oct 19971836,55319.253.15$24,164
Sep 199705,86017.742.95$17,316
Aug 199706,15317.862.55$15,719
Jul 199706,48717.582.25$14,576
Jun 199705,54417.242.26$12,514
May 199705,22818.972.31$12,069
Apr 19971824,69517.882.08$13,033
Mar 199707,37618.951.94$14,303
Feb 199707,06620.492.21$15,587
Jan 199707,35823.483.54$26,045
Dec 19961827,87023.32$4,244
Nov 199608,20121.97$0
Oct 199603,66923.31$0
Sep 199603,80122.22$0
Aug 19961703,82920.26$3,444
Jul 199603,43319.55$0
Jun 199604,73218.73$0
May 199634,24719.43$58
Apr 19961753,73321.51$3,764
Mar 199603,75219.38$0
Feb 199604,04716.98$0
Jan 199606,13017.07$0
Dec 19951612,42117.19$2,768
Nov 199504,90116.00$0
Oct 199504,01315.43$0
Sep 199514,23516.18$16
Aug 19951744,62615.92$2,770
Jul 199513,49715.24$15
Jun 199504,80316.41$0
May 199506,70317.56$0
Apr 19951814,09217.73$3,209
Mar 199508,25016.44$0
Feb 19950016.58$0
Jan 199504,56715.92$0
Dec 199414,88315.03$15
Nov 19941777,24215.90$2,814
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 199415,32117.56$18
Jun 199403,32417.09$0
May 19941787,87915.88$2,827
Apr 199418,27414.14$14
Mar 19941849,27412.46$2,293
Feb 1994113,87412.50$13
Jan 1994012,75412.66$0
Dec 199317513,84512.33$2,158
Nov 1993011,15914.49$0
Oct 199316710,84915.85$2,647
Sep 199317312,53415.03$2,600
Aug 199317314,86115.66$2,709
Jul 1993215,38215.46$31
Jun 199316810,43816.79$2,821
May 199316616,00217.68$2,935
Apr 199316720,81918.05$3,014
Mar 199318519,92918.14$3,356
Feb 199367,10717.90$107
Jan 19930016.93$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                  699 Mcf  × $  3.05 =     $2,129

────────────────────────────────────────────────────
Month total                                   $2,129

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/142170 is the state's own key, not one this site invented.