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 154207District 06Field 664612752 tax incentive programmesGasSaveExport
Value, all time
$1.5 M
Feb 1995 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
376
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 Gas111995-06-22132202
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
GasProduction569,383 Mcf$1,496,125
Total$1,496,125

213,765 Mcf of this lease's gas, across 23 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 32.4072, -94.5407. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40723, -94.54069 · 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
10,456 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 10,456 ft.

Completions filed
Feb 1995
1 of 1 wells

1 well

42-20332034310,456 ftFeb 1995

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 (376)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

376 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 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
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 2023076.533.39$0
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 20220108.885.08$0
Feb 2022091.054.86$0
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 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
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 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
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 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
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 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 201176494.144.52$3,451
Jun 20112,11992.904.64$9,832
May 201169898.134.40$3,075
Apr 2011961105.964.33$4,164
Mar 20111,75996.364.06$7,137
Feb 201192085.644.18$3,846
Jan 20111,14386.504.59$5,245
Dec 20101,45785.734.35$6,335
Nov 201027280.843.80$1,032
Oct 20103578.103.51$123
Sep 20103372.633.98$131
Aug 20103373.684.42$146
Jul 20102872.554.74$133
Jun 20103070.364.91$147
May 20103571.124.24$148
Apr 20103481.694.12$140
Mar 201019178.394.39$838
Feb 2010173.585.44$5
Jan 2010074.365.96$0
Dec 20094971.445.48$269
Nov 20092874.593.75$105
Oct 20094072.544.11$164
Sep 20096865.543.06$208
Aug 20095667.423.22$180
Jul 20095661.133.46$194
Jun 20096866.163.90$265
May 20096254.743.93$243
Apr 200935046.773.59$1,256
Mar 200915642.144.06$633
Feb 200988532.814.63$4,100
Jan 200980735.865.37$4,334
Dec 200884737.105.98$5,063
Nov 200874755.496.86$5,125
Oct 20081,01375.246.92$7,012
Sep 20081,000101.767.88$7,877
Aug 20081,179114.228.48$10,001
Jul 2008416131.0811.39$4,738
Jun 2008238131.3313.03$3,102
May 2008168123.1711.57$1,944
Apr 200895110.3110.45$993
Mar 20081,435101.909.66$13,868
Feb 200844192.538.77$3,868
Jan 200859590.388.21$4,882
Dec 200765688.337.30$4,790
Nov 200759391.677.29$4,324
Oct 200762082.856.92$4,292
Sep 200751375.846.24$3,203
Aug 200756669.066.39$3,616
Jul 20071,08170.906.39$6,905
Jun 200783462.007.55$6,295
May 20071,44858.747.85$11,361
Apr 20071,39659.617.81$10,896
Mar 20071,46156.927.30$10,668
Feb 20071,25855.108.22$10,336
Jan 20071,47250.306.73$9,902
Dec 20061,53556.656.92$10,620
Nov 20061,60154.207.62$12,196
Oct 20061,89354.906.01$11,384
Sep 20061,00860.085.04$5,078
Aug 200638168.717.34$2,797
Jul 200661069.376.34$3,869
Jun 200668366.286.38$4,360
May 20061,43866.016.42$9,239
Apr 200692164.397.36$6,779
Mar 20062,10256.707.08$14,888
Feb 20061,79457.597.75$13,906
Jan 20061,35460.598.93$12,096
Dec 20052,37554.9413.42$31,862
Nov 20051,25354.6910.59$13,267
Oct 20052,59858.3413.80$35,841
Sep 200514461.4512.08$1,739
Aug 20051,03061.519.80$10,091
Jul 20053,28955.697.84$25,798
Jun 20051,51552.337.38$11,182
May 20052,31645.226.65$15,404
Apr 20052,57949.207.36$18,983
Mar 20052,25550.377.15$16,134
Feb 20052,69645.226.31$17,017
Jan 20053,62743.166.32$22,931
Dec 200484539.866.75$5,705
Nov 200494145.286.33$5,957
Oct 20041,30849.706.52$8,522
Sep 20041,99643.245.28$10,547
Aug 20041,70042.375.55$9,436
Jul 20041,72638.286.08$10,501
Jun 20042,93036.106.43$18,849
May 200463137.486.49$4,098
Apr 200477634.475.86$4,546
Mar 20041,90434.365.53$10,529
Feb 20044,10632.455.51$22,623
Jan 200456432.036.30$3,553
Dec 200368730.266.30$4,329
Nov 200372228.804.60$3,318
Oct 20031,06628.174.76$5,074
Sep 200390726.314.75$4,308
Aug 20032,19529.765.13$11,260
Jul 20031,14029.415.17$5,895
Jun 20031,03328.565.98$6,180
May 20031,00826.595.97$6,020
Apr 20031,59626.675.41$8,630
Mar 20032,13531.146.10$13,015
Feb 20031,94633.487.93$15,424
Jan 20031,83030.315.58$10,215
Dec 20022,38426.914.85$11,571
Nov 20022,05924.664.14$8,518
Oct 20022,71026.464.23$11,461
Sep 20022,14627.443.64$7,801
Aug 20022,76425.963.16$8,746
Jul 20023,08924.583.06$9,458
Jun 20021,82023.733.34$6,076
May 20022,58124.663.58$9,250
Apr 20022,37623.653.51$8,345
Mar 20023,21822.003.10$9,985
Feb 20022,31118.222.38$5,490
Jan 20022,31317.172.38$5,495
Dec 20012,25616.932.36$5,334
Nov 20012,21518.072.41$5,328
Oct 20012,99219.782.53$7,566
Sep 20012,51324.262.25$5,658
Aug 20012,67924.873.05$8,179
Jul 20013,25323.933.20$10,400
Jun 20012,97024.563.82$11,358
May 20013,03625.524.31$13,077
Apr 20012,52524.685.34$13,472
Mar 20013,01324.545.38$16,199
Feb 20012,80227.755.77$16,159
Jan 20012,59827.478.40$21,820
Dec 20003,02226.889.12$27,568
Nov 20003,33432.215.66$18,864
Oct 20003,39231.235.15$17,454
Sep 20002,45231.875.19$12,717
Aug 20003,13129.644.54$14,217
Jul 20002,94528.534.09$12,044
Jun 20003,14129.304.40$13,812
May 20002,91327.263.68$10,719
Apr 20002,58924.513.12$8,067
Mar 20002,76728.422.86$7,913
Feb 20002,82627.622.73$7,705
Jan 20003,19125.272.48$7,915
Dec 19993,09424.282.42$7,499
Nov 19993,31023.192.43$8,057
Oct 19993,46920.982.80$9,726
Sep 19993,47821.752.62$9,108
Aug 19994,00419.262.88$11,514
Jul 19994,10517.892.37$9,739
Jun 19993,99915.942.36$9,446
May 19994,06415.792.32$9,433
Apr 19993,86515.102.21$8,534
Mar 19994,22312.471.84$7,763
Feb 19993,3119.981.82$6,019
Jan 19993,68610.381.90$7,003
Dec 19984,4429.201.77$7,877
Nov 19983,49710.892.19$7,643
Oct 19982,84812.421.97$5,608
Sep 19982,87512.592.08$5,988
Aug 19983,82911.301.91$7,303
Jul 19984,16911.742.24$9,327
Jun 19983,47011.242.24$7,763
May 19982,63312.622.21$5,809
Apr 19982,72313.042.51$6,822
Mar 19982,99712.802.31$6,921
Feb 19982,79713.952.30$6,431
Jan 19983,24714.702.15$6,997
Dec 19974,30016.322.41$10,368
Nov 19974,83918.193.09$14,944
Oct 19975,76819.253.15$18,168
Sep 19975,84017.742.95$17,257
Aug 19975,95817.862.55$15,221
Jul 19975,93417.582.25$13,333
Jun 19976,10517.242.26$13,780
May 19973,58618.972.31$8,278
Apr 19974,54817.882.08$9,472
Mar 19975,60318.951.94$10,865
Feb 19975,03620.492.21$11,109
Jan 19975,74123.483.54$20,321
Dec 19965,92323.32$0
Nov 19966,04921.97$0
Oct 19966,23423.31$0
Sep 19966,61922.22$0
Aug 19966,97720.26$0
Jul 19967,35219.55$0
Jun 19967,41218.73$0
May 19967,95919.43$0
Apr 19968,37521.51$0
Mar 19968,47519.38$0
Feb 19969,17316.98$0
Jan 199610,65117.07$0
Dec 199511,23617.19$0
Nov 199517,31016.00$0
Oct 199514,07915.43$0
Sep 199516,79216.18$0
Aug 199522,61215.92$0
Jul 199528,95115.24$0
Jun 19953,58216.41$0
May 199528517.56$0
Apr 19955,08517.73$0
Mar 19952,48316.44$0
Feb 199515116.58$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.

Jul 2011 — as filed, then multipliedworked
Gas                  764 Mcf  × $  4.52 =     $3,451

────────────────────────────────────────────────────
Month total                                   $3,451

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/154207 is the state's own key, not one this site invented.