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 180540District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
Oct 2000 – May 2026
Value, last 12 filed months
$81 k
at the published price for each month
Months reported
308
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 Gas112001-03-22143107
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
CondensateDisposition5,458 bbl$267,052
GasProduction1,340,301 Mcf$6,671,145
Total$6,938,197

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 32.3672, -94.4960. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36720, -94.49597 · 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
10,420 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 10,420 ft.

Completions filed
Oct 2000
1 of 1 wells

1 well

42-40133026810,420 ftOct 2000

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 (308)

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

308 months

May 202601,775106.413.05$5,406
Apr 202601,35098.932.87$3,874
Mar 202601,71689.753.15$5,404
Feb 202602,12363.503.75$7,962
Jan 202601,98159.138.00$15,844
Dec 202501,91056.664.41$8,430
Nov 202501,70258.593.93$6,683
Oct 202502,30459.383.30$7,614
Sep 202501,74362.743.08$5,363
Aug 202502,30263.933.01$6,940
Jul 2025096766.743.32$3,206
Jun 202501,39066.483.13$4,349
May 202501,52260.553.23$4,920
Apr 202501,61562.363.54$5,722
Mar 202501,79967.704.27$7,679
Feb 202501,77770.884.34$7,714
Jan 202502,04574.324.28$8,750
Dec 202402,09468.993.12$6,536
Nov 202401,31669.052.20$2,893
Oct 202401,41071.372.28$3,217
Sep 202401,38469.612.36$3,272
Aug 202401,44675.632.06$2,984
Jul 202401,46279.932.15$3,138
Jun 202401,41378.082.63$3,722
May 202401,47678.812.20$3,245
Apr 202401,48484.451.66$2,462
Mar 202401,59480.301.55$2,463
Feb 202401,73376.091.78$3,091
Jan 202401,91673.023.30$6,318
Dec 202301,76871.262.61$4,616
Nov 202301,98877.892.81$5,581
Oct 202301,89085.443.09$5,835
Sep 202301,85889.042.74$5,082
Aug 202302,15180.522.67$5,749
Jul 202302,08674.852.64$5,511
Jun 202302,03668.962.26$4,598
May 202302,11170.622.23$4,702
Apr 202302,06278.122.24$4,614
Mar 202302,12672.852.39$5,088
Feb 202301,95675.112.47$4,823
Jan 202302,14376.533.39$7,260
Dec 202201,58076.415.73$9,052
Nov 202201,41885.005.65$8,006
Oct 202201,51487.185.86$8,878
Sep 202201,50784.888.16$12,303
Aug 202201,60994.529.13$14,686
Jul 202201,586101.587.54$11,962
Jun 202201,543115.097.98$12,309
May 202201,606109.378.43$13,543
Apr 202201,712104.226.84$11,706
Mar 202201,863108.885.08$9,457
Feb 202201,72991.054.86$8,401
Jan 202201,89781.844.54$8,608
Dec 202101,95571.323.90$7,623
Nov 202101,96877.435.24$10,306
Oct 2021331,95379.795.71$13,792
Sep 202102,04669.865.35$10,948
Aug 202102,14566.024.22$9,053
Jul 202102,22170.783.98$8,844
Jun 202102,16769.493.38$7,326
May 202102,22363.483.02$6,708
Apr 202102,11960.362.76$5,845
Mar 202101,92961.302.72$5,241
Feb 202101,78357.805.55$9,892
Jan 202102,08550.412.81$5,859
Dec 2020892,15544.642.68$9,739
Nov 202002,13738.772.71$5,784
Oct 202002,39636.972.48$5,938
Sep 202002,00537.091.99$3,992
Aug 202002,17139.982.39$5,178
Jul 202002,21038.371.83$4,034
Jun 202002,08034.901.69$3,516
May 202002,29916.921.81$4,172
Apr 202002,24214.751.80$4,045
Mar 202002,31330.341.86$4,293
Feb 202002,13849.881.98$4,235
Jan 202002,36557.252.09$4,954
Dec 20191542,45359.012.30$14,740
Nov 201902,29755.302.75$6,318
Oct 201902,36153.472.42$5,710
Sep 201902,40255.052.66$6,383
Aug 201902,49453.112.30$5,747
Jul 201902,51256.272.46$6,180
Jun 201902,45352.782.49$6,111
May 201902,66658.482.74$7,306
Apr 201902,46762.632.75$6,786
Mar 201902,47756.803.06$7,585
Feb 201902,46650.852.79$6,886
Jan 201902,36446.033.23$7,631
Dec 201802,10446.594.19$8,806
Nov 201802,21452.934.24$9,381
Oct 201802,33861.443.40$7,945
Sep 201802,34959.543.11$7,301
Aug 201802,35959.403.07$7,234
Jul 201802,08465.142.93$6,110
Jun 201802,12660.183.08$6,542
May 20181012,49565.382.90$13,841
Apr 201802,39463.842.90$6,945
Mar 201802,35061.222.79$6,549
Feb 201802,04561.782.77$5,657
Jan 201802,13262.874.01$8,548
Dec 201702,19957.272.92$6,424
Nov 201702,21755.423.12$6,913
Oct 201702,35349.292.98$7,021
Sep 201702,25147.523.09$6,949
Aug 201702,35945.373.00$7,087
Jul 201702,43543.873.09$7,518
Jun 201702,36442.493.09$7,298
May 201702,42645.373.26$7,917
Apr 20171342,35447.933.21$13,983
Mar 201702,44346.772.98$7,289
Feb 201702,20250.452.95$6,502
Jan 201702,42849.413.42$8,301
Dec 201602,41048.763.72$8,972
Nov 201602,37842.492.64$6,288
Oct 201602,46246.193.09$7,608
Sep 201602,34941.553.10$7,283
Aug 201602,39441.442.92$7,001
Jul 201602,33041.622.92$6,814
Jun 201601,64445.352.69$4,416
May 20161232,19142.521.99$9,592
Apr 201602,13436.561.99$4,249
Mar 201602,20333.011.79$3,952
Feb 201602,05826.472.06$4,247
Jan 201602,13127.352.36$5,038
Dec 201502,13932.362.00$4,281
Nov 20151652,10138.792.17$10,954
Oct 201502,20543.552.43$5,351
Sep 201502,15342.992.76$5,939
Aug 201502,24240.162.87$6,440
Jul 201502,23948.152.95$6,594
Jun 201502,22756.152.88$6,420
May 201502,43055.212.96$7,182
Apr 201502,30849.822.71$6,247
Mar 201502,35042.892.93$6,897
Feb 201502,21644.662.98$6,595
Jan 201502,55543.433.10$7,922
Dec 201402,41854.693.59$8,684
Nov 201402,36770.464.25$10,064
Oct 201402,37578.303.90$9,265
Sep 201402,27786.164.05$9,211
Aug 2014712,31889.394.04$15,700
Jul 201402,28096.564.18$9,529
Jun 201402,20898.164.74$10,459
May 201402,30994.734.73$10,914
Apr 201402,32595.944.81$11,181
Mar 201402,32895.895.06$11,772
Feb 201402,06997.406.19$12,811
Jan 201402,42190.404.86$11,768
Dec 201302,46191.824.35$10,716
Nov 2013882,40688.853.74$16,813
Oct 201302,53697.423.78$9,584
Sep 201302,420104.113.72$8,997
Aug 20131522,557104.253.52$24,853
Jul 201302,570102.523.72$9,555
Jun 201302,50794.403.93$9,861
May 201302,79594.834.15$11,597
Apr 201302,72193.964.28$11,653
Mar 201302,80193.623.91$10,960
Feb 201302,50891.233.42$8,577
Jan 201302,82091.603.42$9,644
Dec 201202,88886.773.42$9,877
Nov 201202,81486.953.62$10,201
Oct 201202,96389.383.40$10,073
Sep 2012482,88394.672.92$12,958
Aug 201203,00692.662.91$8,742
Jul 201202,96185.133.02$8,945
Jun 201202,96279.822.52$7,461
May 201203,07891.612.49$7,659
Apr 201203,054101.652.00$6,098
Mar 201203,043105.052.22$6,762
Feb 201202,798101.102.57$7,192
Jan 201202,94598.092.73$8,052
Dec 20111672,87096.873.24$25,475
Nov 201102,83995.723.31$9,401
Oct 201103,18884.983.65$11,632
Sep 201102,91083.623.99$11,599
Aug 201103,07583.404.15$12,759
Jul 201103,14294.144.52$14,193
Jun 201103,25792.904.64$15,112
May 201103,00398.134.40$13,228
Apr 201103,149105.964.33$13,646
Mar 201103,50996.364.06$14,237
Feb 201102,42885.644.18$10,149
Jan 201102,85286.504.59$13,087
Dec 201003,39785.734.35$14,769
Nov 201003,26180.843.80$12,377
Oct 201003,41178.103.51$11,969
Sep 20101653,31872.633.98$25,188
Aug 201003,43473.684.42$15,176
Jul 201003,43172.554.74$16,251
Jun 201003,27770.364.91$16,091
May 201003,35171.124.24$14,192
Apr 201003,34981.694.12$13,807
Mar 201003,44978.394.39$15,137
Feb 201003,18273.585.44$17,318
Jan 201003,57074.365.96$21,292
Dec 20091623,56571.445.48$31,123
Nov 200903,47674.593.75$13,040
Oct 200903,62272.544.11$14,887
Sep 200903,47665.543.06$10,653
Aug 200903,72267.423.22$11,979
Jul 20091662,98961.133.46$20,503
Jun 200903,44166.163.90$13,403
May 200903,75654.743.93$14,745
Apr 200903,69746.773.59$13,263
Mar 200903,83142.144.06$15,550
Feb 200903,50932.814.63$16,257
Jan 200903,67535.865.37$19,738
Dec 200803,78137.105.98$22,600
Nov 200803,88455.496.86$26,646
Oct 200804,03275.246.92$27,909
Sep 20081653,959101.767.88$47,976
Aug 200804,493114.228.48$38,114
Jul 200804,536131.0811.39$51,662
Jun 200804,796131.3313.03$62,504
May 200805,126123.1711.57$59,330
Apr 200804,752110.3110.45$49,681
Mar 200804,847101.909.66$46,842
Feb 200804,06492.538.77$35,644
Jan 200803,98790.388.21$32,716
Dec 20071824,14088.337.30$46,306
Nov 200704,16791.677.29$30,385
Oct 200704,30882.856.92$29,820
Sep 200704,23875.846.24$26,463
Aug 200704,40069.066.39$28,107
Jul 200704,32570.906.39$27,628
Jun 200704,23562.007.55$31,968
May 200703,99258.747.85$31,322
Apr 200704,34759.617.81$33,929
Mar 20071684,19456.927.30$40,187
Feb 200704,62955.108.22$38,032
Jan 200705,07750.306.73$34,152
Dec 200605,14556.656.92$35,595
Nov 200606,30354.207.62$48,013
Oct 200601,93654.906.01$11,643
Sep 2006682,86360.085.04$18,507
Aug 200603,56368.717.34$26,152
Jul 200605,14669.376.34$32,640
Jun 200605,56966.286.38$35,552
May 200605,24766.016.42$33,712
Apr 200606,05164.397.36$44,538
Mar 20061706,27356.707.08$54,070
Feb 200614,57057.597.75$35,480
Jan 200606,76760.598.93$60,452
Dec 200502,95454.9413.42$39,629
Nov 200506,44254.6910.59$68,210
Oct 20051564,83658.3413.80$75,817
Sep 200505,19361.4512.08$62,726
Aug 200506,37361.519.80$62,435
Jul 200506,28455.697.84$49,289
Jun 200504,04952.337.38$29,886
May 20051655,85145.226.65$46,377
Apr 200505,61749.207.36$41,344
Mar 200506,15950.377.15$44,067
Feb 200505,22245.226.31$32,961
Jan 200505,95143.166.32$37,623
Dec 20041605,69539.866.75$44,825
Nov 200405,83445.286.33$36,932
Oct 200406,12349.706.52$39,892
Sep 200405,50943.245.28$29,109
Aug 200406,24142.375.55$34,642
Jul 200406,49738.286.08$39,529
Jun 200406,26036.106.43$40,271
May 200406,89637.486.49$44,787
Apr 20041716,84634.475.86$46,001
Mar 200407,10434.365.53$39,286
Feb 200405,80832.455.51$32,000
Jan 200408,01232.036.30$50,473
Dec 200307,72530.266.30$48,680
Nov 20031776,87428.804.60$36,685
Oct 200307,14928.174.76$34,027
Sep 200306,75126.314.75$32,063
Aug 200307,91929.765.13$40,622
Jul 20031638,09029.415.17$46,626
Jun 200307,76028.565.98$46,428
May 200308,11726.595.97$48,480
Apr 200306,49626.675.41$35,126
Mar 200308,32331.146.10$50,737
Feb 200307,30833.487.93$57,922
Jan 200308,31430.315.58$46,409
Dec 200208,22626.914.85$39,927
Nov 200208,81124.664.14$36,451
Oct 200215410,16726.464.23$47,072
Sep 200208,29627.443.64$30,158
Aug 200208,64425.963.16$27,351
Jul 2002011,67424.583.06$35,743
Jun 200216812,52423.733.34$45,795
May 2002012,13324.663.58$43,485
Apr 2002011,43323.653.51$40,156
Mar 2002014,48922.003.10$44,955
Feb 200217610,74418.222.38$28,731
Jan 2002013,03117.172.38$30,957
Dec 2001013,37116.932.36$31,614
Nov 200117712,06218.072.41$32,214
Oct 2001015,17119.782.53$38,366
Sep 2001014,77724.262.25$33,268
Aug 200117717,53824.873.05$57,948
Jul 2001017,75923.933.20$56,777
Jun 200117519,27024.563.82$77,990
May 2001021,22825.524.31$91,436
Apr 200116820,23524.685.34$112,106
Mar 2001023,86324.545.38$128,298
Feb 200117623,08427.755.77$138,011
Jan 200117329,14027.478.40$249,492
Dec 200016833,77426.889.12$312,619
Nov 200018246,07932.215.66$266,577
Oct 2000010,97631.235.15$56,477

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                1,775 Mcf  × $  3.05 =     $5,406

────────────────────────────────────────────────────
Month total                                   $5,406

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/180540 is the state's own key, not one this site invented.