SHEPPARD, BAILEY ET AL

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 143903District 06Field 664612752 tax incentive programmesGasSaveExport
Value, all time
$2.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$10 k
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 Gas111993-04-01126778
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
GasProduction1,339,229 Mcf$2,332,903
Total$2,332,903

749,240 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 32.3877, -94.5339. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38767, -94.53393 · 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
10,450 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 10,450 ft.

Completions filed
Dec 1992
1 of 1 wells

1 well

42-4013241013-T10,450 ftDec 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 2026217106.413.05$661
Apr 202621098.932.87$603
Mar 202621589.753.15$677
Feb 202620563.503.75$769
Jan 202624259.138.00$1,936
Dec 202524756.664.41$1,090
Nov 202523958.593.93$938
Oct 202524559.383.30$810
Sep 202523262.743.08$714
Aug 202524263.933.01$730
Jul 202523966.743.32$792
Jun 202523266.483.13$726
May 202523960.553.23$773
Apr 202523362.363.54$826
Mar 202523967.704.27$1,020
Feb 202521570.884.34$933
Jan 202523674.324.28$1,010
Dec 202423268.993.12$724
Nov 202426469.052.20$580
Oct 202434371.372.28$783
Sep 202425469.612.36$601
Aug 202426375.632.06$543
Jul 202426679.932.15$571
Jun 202425978.082.63$682
May 202427178.812.20$596
Apr 202426684.451.66$441
Mar 202427980.301.55$431
Feb 202425676.091.78$457
Jan 202427473.023.30$904
Dec 202327671.262.61$721
Nov 202326577.892.81$744
Oct 202327185.443.09$837
Sep 202328189.042.74$769
Aug 202327280.522.67$727
Jul 202327474.852.64$724
Jun 202327268.962.26$614
May 202327970.622.23$621
Apr 202326978.122.24$602
Mar 202327672.852.39$661
Feb 202325475.112.47$626
Jan 202329076.533.39$982
Dec 202227576.415.73$1,576
Nov 202230485.005.65$1,716
Oct 202233687.185.86$1,970
Sep 202228984.888.16$2,359
Aug 202229694.529.13$2,702
Jul 2022305101.587.54$2,300
Jun 2022298115.097.98$2,377
May 2022307109.378.43$2,589
Apr 2022302104.226.84$2,065
Mar 2022324108.885.08$1,645
Feb 202229291.054.86$1,419
Jan 202231881.844.54$1,443
Dec 202131171.323.90$1,213
Nov 202123177.435.24$1,210
Oct 202126279.795.71$1,497
Sep 202127069.865.35$1,445
Aug 202129466.024.22$1,241
Jul 202126670.783.98$1,059
Jun 202126069.493.38$879
May 202127263.483.02$821
Apr 202124860.362.76$684
Mar 202126161.302.72$709
Feb 202124557.805.55$1,359
Jan 202131550.412.81$885
Dec 202029244.642.68$781
Nov 202028438.772.71$769
Oct 202030036.972.48$744
Sep 202034837.091.99$693
Aug 202049339.982.39$1,176
Jul 202048238.371.83$880
Jun 202030834.901.69$521
May 202032316.921.81$586
Apr 202030014.751.80$541
Mar 202031930.341.86$592
Feb 202029249.881.98$578
Jan 202030157.252.09$631
Dec 201931659.012.30$728
Nov 201933655.302.75$924
Oct 201935653.472.42$861
Sep 201934455.052.66$914
Aug 201936853.112.30$848
Jul 201936456.272.46$895
Jun 201935352.782.49$879
May 201936058.482.74$987
Apr 201934162.632.75$938
Mar 201934356.803.06$1,050
Feb 201931350.852.79$874
Jan 201933046.033.23$1,065
Dec 201833846.594.19$1,415
Nov 201838752.934.24$1,640
Oct 201836061.443.40$1,223
Sep 201837259.543.11$1,156
Aug 201837859.403.07$1,159
Jul 201839465.142.93$1,155
Jun 201836360.183.08$1,117
May 201838865.382.90$1,126
Apr 201810463.842.90$302
Mar 201814261.222.79$396
Feb 201822861.782.77$631
Jan 201856862.874.01$2,277
Dec 201747357.272.92$1,382
Nov 201736255.423.12$1,129
Oct 201772649.292.98$2,166
Sep 201767047.523.09$2,068
Aug 2017045.373.00$0
Jul 20173643.873.09$111
Jun 201714342.493.09$441
May 20177545.373.26$245
Apr 201713047.933.21$418
Mar 201728846.772.98$859
Feb 201738450.452.95$1,134
Jan 201730249.413.42$1,032
Dec 201648048.763.72$1,787
Nov 20164842.492.64$127
Oct 20165646.193.09$173
Sep 201635641.553.10$1,104
Aug 201636041.442.92$1,053
Jul 201638341.622.92$1,120
Jun 201636945.352.69$991
May 201636842.521.99$733
Apr 201633936.561.99$675
Mar 201627833.011.79$499
Feb 201625626.472.06$528
Jan 201628427.352.36$671
Dec 201529332.362.00$586
Nov 201530538.792.17$661
Oct 201529843.552.43$723
Sep 20151,92542.992.76$5,310
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 201532656.152.88$940
May 201539855.212.96$1,176
Apr 201540549.822.71$1,096
Mar 201541742.892.93$1,224
Feb 201540044.662.98$1,190
Jan 201542243.433.10$1,308
Dec 201443554.693.59$1,562
Nov 201441570.464.25$1,765
Oct 201440878.303.90$1,592
Sep 201438386.164.05$1,549
Aug 201441089.394.04$1,654
Jul 201440096.564.18$1,672
Jun 201440898.164.74$1,933
May 201432294.734.73$1,522
Apr 201452895.944.81$2,539
Mar 201442495.895.06$2,144
Feb 201441697.406.19$2,576
Jan 201444690.404.86$2,168
Dec 201344891.824.35$1,951
Nov 201343588.853.74$1,626
Oct 201345897.423.78$1,731
Sep 2013448104.113.72$1,666
Aug 2013480104.253.52$1,691
Jul 2013428102.523.72$1,591
Jun 201344694.403.93$1,754
May 201348994.834.15$2,029
Apr 201357393.964.28$2,454
Mar 20132,05593.623.91$8,041
Feb 201346891.233.42$1,601
Jan 201352791.603.42$1,802
Dec 201254686.773.42$1,867
Nov 201262586.953.62$2,266
Oct 20121,86189.383.40$6,327
Sep 201252194.672.92$1,520
Aug 201255292.662.91$1,605
Jul 201255585.133.02$1,677
Jun 201253679.822.52$1,350
May 201256591.612.49$1,406
Apr 2012565101.652.00$1,128
Mar 2012622105.052.22$1,382
Feb 2012555101.102.57$1,426
Jan 201258498.092.73$1,597
Dec 201160796.873.24$1,967
Nov 201159595.723.31$1,970
Oct 201163284.983.65$2,306
Sep 201160183.623.99$2,395
Aug 201164883.404.15$2,689
Jul 201167894.144.52$3,063
Jun 201158592.904.64$2,714
May 201163398.134.40$2,788
Apr 2011619105.964.33$2,682
Mar 201165596.364.06$2,658
Feb 201161685.644.18$2,575
Jan 201177386.504.59$3,547
Dec 20101,18685.734.35$5,156
Nov 201063880.843.80$2,421
Oct 201067778.103.51$2,376
Sep 201090972.633.98$3,617
Aug 201068973.684.42$3,045
Jul 20101,16772.554.74$5,527
Jun 201091570.364.91$4,493
May 20102,23071.124.24$9,445
Apr 201088981.694.12$3,665
Mar 201087478.394.39$3,836
Feb 20101,19273.585.44$6,487
Jan 20101,09574.365.96$6,531
Dec 20091,17571.445.48$6,443
Nov 20092,65674.593.75$9,964
Oct 200959172.544.11$2,429
Sep 200973465.543.06$2,250
Aug 200985967.423.22$2,765
Jul 200990461.133.46$3,132
Jun 200991166.163.90$3,548
May 200984654.743.93$3,321
Apr 200989746.773.59$3,218
Mar 20091,55742.144.06$6,320
Feb 200971032.814.63$3,289
Jan 200995235.865.37$5,113
Dec 200887637.105.98$5,236
Nov 200874455.496.86$5,104
Oct 200893175.246.92$6,444
Sep 2008796101.767.88$6,270
Aug 2008924114.228.48$7,838
Jul 20081,078131.0811.39$12,278
Jun 2008812131.3313.03$10,583
May 2008834123.1711.57$9,653
Apr 2008727110.3110.45$7,601
Mar 2008943101.909.66$9,113
Feb 200883992.538.77$7,359
Jan 200887090.388.21$7,139
Dec 200793788.337.30$6,842
Nov 200772091.677.29$5,250
Oct 200757682.856.92$3,987
Sep 200763475.846.24$3,959
Aug 200797969.066.39$6,254
Jul 200791970.906.39$5,871
Jun 200798262.007.55$7,413
May 20071,10158.747.85$8,639
Apr 20071,09959.617.81$8,578
Mar 20072,34856.927.30$17,145
Feb 20072,97955.108.22$24,475
Jan 20071,78750.306.73$12,021
Dec 20063,33756.656.92$23,087
Nov 20064,43154.207.62$33,753
Oct 200692654.906.01$5,569
Sep 20062,15960.085.04$10,875
Aug 200642668.717.34$3,127
Jul 20061,38169.376.34$8,759
Jun 20061,26866.286.38$8,095
May 20061,81366.016.42$11,649
Apr 20062,74364.397.36$20,190
Mar 20062,27556.707.08$16,114
Feb 20063,31357.597.75$25,679
Jan 20062,88460.598.93$25,764
Dec 20053,93954.9413.42$52,843
Nov 20054,22154.6910.59$44,694
Oct 20052,45258.3413.80$33,827
Sep 20051,54261.4512.08$18,626
Aug 20052,20761.519.80$21,622
Jul 20055,81855.697.84$45,634
Jun 20053,25952.337.38$24,055
May 20053,83545.226.65$25,507
Apr 20054,49849.207.36$33,107
Mar 20053,87650.377.15$27,732
Feb 200597345.226.31$6,142
Jan 200597543.166.32$6,164
Dec 20041,53139.866.75$10,336
Nov 20041,60845.286.33$10,179
Oct 200489949.706.52$5,857
Sep 200461143.245.28$3,228
Aug 200438942.375.55$2,159
Jul 200443938.286.08$2,671
Jun 200476736.106.43$4,934
May 200474237.486.49$4,819
Apr 200476534.475.86$4,482
Mar 200478434.365.53$4,336
Feb 200489832.455.51$4,948
Jan 200493832.036.30$5,909
Dec 200396230.266.30$6,062
Nov 200394628.804.60$4,347
Oct 20031,00328.174.76$4,774
Sep 200376026.314.75$3,610
Aug 200324329.765.13$1,247
Jul 200335729.415.17$1,846
Jun 200390928.565.98$5,439
May 200393626.595.97$5,590
Apr 200386926.675.41$4,699
Mar 200390431.146.10$5,511
Feb 200384233.487.93$6,674
Jan 200393830.315.58$5,236
Dec 20021,01026.914.85$4,902
Nov 200294224.664.14$3,897
Oct 200294426.464.23$3,992
Sep 200215227.443.64$553
Aug 200236525.963.16$1,155
Jul 20021,00124.583.06$3,065
Jun 200252923.733.34$1,766
May 200229424.663.58$1,054
Apr 20025,30723.653.51$18,640
Mar 20024,45122.003.10$13,810
Feb 20023,99518.222.38$9,491
Jan 20023,57617.172.38$8,495
Dec 20013,72816.932.36$8,814
Nov 20012,85218.072.41$6,861
Oct 20015,86019.782.53$14,819
Sep 20012,95024.262.25$6,641
Aug 20014,19724.873.05$12,814
Jul 20014,54123.933.20$14,518
Jun 20014,20824.563.82$16,092
May 20014,57925.524.31$19,723
Apr 20013,36424.685.34$17,948
Mar 20014,19024.545.38$22,527
Feb 20013,15127.755.77$18,172
Jan 20014,07027.478.40$34,183
Dec 20004,59426.889.12$41,909
Nov 20003,79032.215.66$21,444
Oct 20003,63631.235.15$18,709
Sep 20003,45331.875.19$17,909
Aug 20006,09129.644.54$27,658
Jul 20005,99028.534.09$24,498
Jun 20006,30629.304.40$27,729
May 20006,81027.263.68$25,059
Apr 20006,46624.513.12$20,148
Mar 20006,35228.422.86$18,165
Feb 20006,10227.622.73$16,637
Jan 20006,42625.272.48$15,940
Dec 19996,70224.282.42$16,244
Nov 19996,38823.192.43$15,548
Oct 19996,51120.982.80$18,255
Sep 19996,91521.752.62$18,109
Aug 19997,19719.262.88$20,696
Jul 19997,09417.892.37$16,830
Jun 19996,48415.942.36$15,316
May 19996,30815.792.32$14,641
Apr 19995,75515.102.21$12,707
Mar 19996,29112.471.84$11,565
Feb 19995,1709.981.82$9,398
Jan 19996,48310.381.90$12,317
Dec 19986,2329.201.77$11,051
Nov 19985,95210.892.19$13,009
Oct 19986,28912.421.97$12,384
Sep 19985,91612.592.08$12,321
Aug 19986,60711.301.91$12,602
Jul 19986,44311.742.24$14,415
Jun 19987,51711.242.24$16,818
May 19988,02012.622.21$17,695
Apr 19988,07213.042.51$20,223
Mar 19988,74712.802.31$20,201
Feb 19988,37413.952.30$19,253
Jan 19988,30814.702.15$17,902
Dec 19973,56516.322.41$8,596
Nov 19976,59018.193.09$20,352
Oct 19976,55419.253.15$20,644
Sep 19977,62217.742.95$22,522
Aug 19978,39817.862.55$21,455
Jul 19977,48117.582.25$16,809
Jun 19978,62017.242.26$19,457
May 19977,34318.972.31$16,951
Apr 19976,18817.882.08$12,888
Mar 19977,84118.951.94$15,205
Feb 19976,94820.492.21$15,327
Jan 19977,67723.483.54$27,174
Dec 19968,35623.32$0
Nov 19968,99821.97$0
Oct 19965,52723.31$0
Sep 19968,61322.22$0
Aug 19967,53320.26$0
Jul 19968,58319.55$0
Jun 19968,69418.73$0
May 199610,25019.43$0
Apr 199610,29121.51$0
Mar 199610,49419.38$0
Feb 19968,83416.98$0
Jan 199611,09617.07$0
Dec 199511,98817.19$0
Nov 199512,33016.00$0
Oct 199512,59015.43$0
Sep 199512,36216.18$0
Aug 199513,19115.92$0
Jul 199513,36015.24$0
Jun 199510,37916.41$0
May 199511,21517.56$0
Apr 199513,22717.73$0
Mar 199512,85716.44$0
Feb 199512,11316.58$0
Jan 199514,44315.92$0
Dec 199412,38615.03$0
Nov 199414,20615.90$0
Oct 199414,38915.58$0
Sep 199415,54615.29$0
Aug 199416,98816.13$0
Jul 199418,56717.56$0
Jun 199420,63917.09$0
May 199419,46315.88$0
Apr 199419,54614.14$0
Mar 199419,45112.46$0
Feb 199413,91712.50$0
Jan 199418,44912.66$0
Dec 199320,66012.33$0
Nov 199319,98114.49$0
Oct 199318,63115.85$0
Sep 199316,57215.03$0
Aug 199315,14115.66$0
Jul 199317,05615.46$0
Jun 199324,67916.79$0
May 199334,11417.68$0
Apr 199328,78318.05$0
Mar 199333,70118.14$0
Feb 199330,96617.90$0
Jan 199328,08516.93$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
Gas                  217 Mcf  × $  3.05 =       $661

────────────────────────────────────────────────────
Month total                                     $661

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/143903 is the state's own key, not one this site invented.