SHEPPARD GU 1

Operated by FAULCONER ENERGY, LLC (P-5 263648) in the GLADEWATER (HAYNESVILLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 189944District 06Field 35134500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.9 M
May 2002 – May 2026
Value, last 12 filed months
$137 k
at the published price for each month
Months reported
289
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 85 leases and 85 wells, and the rule below applies to all of them.

Discovered
1977-02-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
1,000 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1995-11-07.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOCKET #06-0250378. UPDATED EFFECTIVE 5-1-07.

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 Gas112002-10-29149564
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
CondensateDisposition1,320 bbl$82,534
GasProduction4,813,069 Mcf$25,825,843
Total$25,908,377

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 32.4982, -94.9701. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49815, -94.97012 · 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
11,900 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 11,900 ft.

Completions filed
May 2002
1 of 1 wells

1 well

42-18331394311,900 ftMay 2002

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 (289)

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

289 months

May 202603,088106.413.05$9,406
Apr 202652,86198.932.87$8,705
Mar 202653,04989.753.15$10,051
Feb 202602,80263.503.75$10,508
Jan 202663,01659.138.00$24,477
Dec 202503,14056.664.41$13,858
Nov 202563,12158.593.93$12,606
Oct 202503,18059.383.30$10,509
Sep 202503,01862.743.08$9,286
Aug 202552,78463.933.01$8,713
Jul 202552,93866.743.32$10,074
Jun 202502,70966.483.13$8,476
May 202502,01460.553.23$6,510
Apr 202502,65362.363.54$9,400
Mar 202562,76267.704.27$12,195
Feb 202502,66070.884.34$11,547
Jan 202562,89474.324.28$12,828
Dec 202402,73068.993.12$8,521
Nov 202402,62369.052.20$5,767
Oct 202452,65171.372.28$6,405
Sep 202402,70469.612.36$6,393
Aug 202402,80875.632.06$5,795
Jul 202402,59679.932.15$5,573
Jun 202442,97778.082.63$8,154
May 202443,08778.812.20$7,102
Apr 202402,88884.451.66$4,792
Mar 202443,12180.301.55$5,144
Feb 202402,50676.091.78$4,470
Jan 202442,64973.023.30$9,028
Dec 202323,06571.262.61$8,144
Nov 202302,96577.892.81$8,324
Oct 202303,12385.443.09$9,642
Sep 202303,02289.042.74$8,265
Aug 202303,13680.522.67$8,382
Jul 202303,10774.852.64$8,208
Jun 202302,75268.962.26$6,215
May 202303,21370.622.23$7,157
Apr 202303,21978.122.24$7,203
Mar 202303,38572.852.39$8,101
Feb 202302,86275.112.47$7,057
Jan 202302,31276.533.39$7,832
Dec 202202,75676.415.73$15,789
Nov 202202,89585.005.65$16,346
Oct 202203,03887.185.86$17,814
Sep 202203,01984.888.16$24,646
Aug 202203,12394.529.13$28,504
Jul 202203,048101.587.54$22,988
Jun 202203,090115.097.98$24,650
May 202203,027109.378.43$25,527
Apr 202202,982104.226.84$20,390
Mar 202203,194108.885.08$16,214
Feb 202202,77991.054.86$13,503
Jan 202203,19781.844.54$14,507
Dec 202103,19171.323.90$12,442
Nov 202103,16777.435.24$16,585
Oct 202103,49179.795.71$19,947
Sep 202103,33669.865.35$17,851
Aug 202103,62266.024.22$15,287
Jul 202103,79070.783.98$15,092
Jun 202103,81669.493.38$12,900
May 202104,47063.483.02$13,489
Apr 202104,41760.362.76$12,184
Mar 202104,55961.302.72$12,387
Feb 202102,80557.805.55$15,562
Jan 202103,39650.412.81$9,544
Dec 202003,36044.642.68$8,990
Nov 202003,25238.772.71$8,802
Oct 202003,32136.972.48$8,231
Sep 202003,10737.091.99$6,186
Aug 202003,53139.982.39$8,422
Jul 202003,60838.371.83$6,585
Jun 202003,44134.901.69$5,816
May 202003,63216.921.81$6,591
Apr 202003,45414.751.80$6,232
Mar 202003,68830.341.86$6,846
Feb 202003,46749.881.98$6,867
Jan 202003,50157.252.09$7,334
Dec 201903,70859.012.30$8,545
Nov 201903,71455.302.75$10,216
Oct 201903,69053.472.42$8,924
Sep 201903,39355.052.66$9,016
Aug 201903,96453.112.30$9,134
Jul 201913,85656.272.46$9,542
Jun 201903,54652.782.49$8,834
May 201903,89958.482.74$10,685
Apr 201903,80262.632.75$10,458
Mar 201903,98056.803.06$12,187
Feb 201903,35850.852.79$9,376
Jan 201904,05946.033.23$13,103
Dec 201803,97146.594.19$16,620
Nov 201823,75952.934.24$16,034
Oct 201864,03361.443.40$14,073
Sep 201804,30959.543.11$13,392
Aug 201864,54459.403.07$14,291
Jul 201804,56165.142.93$13,372
Jun 201814,96960.183.08$15,349
May 201805,27565.382.90$15,302
Apr 201805,93963.842.90$17,228
Mar 201805,75661.222.79$16,041
Feb 201815,90961.782.77$16,407
Jan 201826,46862.874.01$26,058
Dec 201708,10357.272.92$23,673
Nov 201747,68055.423.12$24,171
Oct 20171410,18949.292.98$31,091
Sep 2017011,20947.523.09$34,605
Aug 20171313,19345.373.00$40,227
Jul 201708,97243.873.09$27,699
Jun 20171110,98442.493.09$34,378
May 201708,25845.373.26$26,949
Apr 201754,99147.933.21$16,269
Mar 201755,33146.772.98$16,140
Feb 201755,68850.452.95$17,047
Jan 201704,80249.413.42$16,417
Dec 201676,99948.763.72$26,397
Nov 201606,80142.492.64$17,984
Oct 201666,77346.193.09$21,207
Sep 201607,08441.553.10$21,965
Aug 201607,53841.442.92$22,044
Jul 201689,60441.622.92$28,418
Jun 2016011,18745.352.69$30,046
May 201689,59642.521.99$19,446
Apr 201607,67236.561.99$15,275
Mar 2016169,31733.011.79$17,243
Feb 20161311,77026.472.06$24,633
Jan 2016011,38927.352.36$26,928
Dec 20151211,14932.362.00$22,702
Nov 20151110,59038.792.17$23,379
Oct 2015011,81443.552.43$28,668
Sep 2015811,34342.992.76$31,633
Aug 2015012,80240.162.87$36,774
Jul 2015714,09448.152.95$41,845
Jun 2015315,56456.152.88$45,037
May 2015016,58955.212.96$49,028
Apr 2015017,38549.822.71$47,054
Mar 2015021,79642.892.93$63,965
Feb 2015012,27644.662.98$36,536
Jan 201506,07643.433.10$18,839
Dec 201406,42354.693.59$23,067
Nov 201407,05470.464.25$29,992
Oct 201406,73578.303.90$26,273
Sep 201405,81086.164.05$23,504
Aug 201406,14589.394.04$24,796
Jul 201406,41096.564.18$26,791
Jun 201407,16598.164.74$33,940
May 201406,90694.734.73$32,642
Apr 201408,07295.944.81$38,819
Mar 201408,59995.895.06$43,483
Feb 201407,64197.406.19$47,313
Jan 201408,60890.404.86$41,841
Dec 201306,73991.824.35$29,345
Nov 201308,25688.853.74$30,863
Oct 201308,81097.423.78$33,296
Sep 201307,540104.113.72$28,032
Aug 201307,317104.253.52$25,775
Jul 201307,545102.523.72$28,050
Jun 201306,36594.403.93$25,036
May 201305,89094.834.15$24,438
Apr 201305,70093.964.28$24,411
Mar 201306,05993.623.91$23,708
Feb 201305,89291.233.42$20,150
Jan 201306,73391.603.42$23,026
Dec 201204,99986.773.42$17,097
Nov 201207,49286.953.62$27,158
Oct 201207,87989.383.40$26,786
Sep 201207,06394.672.92$20,613
Aug 201206,81592.662.91$19,819
Jul 201207,33985.133.02$22,170
Jun 201207,12679.822.52$17,951
May 201207,86791.612.49$19,576
Apr 201207,859101.652.00$15,693
Mar 201207,884105.052.22$17,519
Feb 201206,716101.102.57$17,262
Jan 201207,86598.092.73$21,504
Dec 201118,33696.873.24$27,103
Nov 201109,86095.723.31$32,649
Oct 201119,32584.983.65$34,108
Sep 2011020,07683.623.99$80,019
Aug 201197,63083.404.15$32,410
Jul 2011109,35294.144.52$43,187
Jun 2011109,17092.904.64$43,477
May 201179,77998.134.40$43,762
Apr 201107,840105.964.33$33,973
Mar 2011410,33096.364.06$42,298
Feb 201102,45285.644.18$10,249
Jan 201134,65686.504.59$21,625
Dec 2010011,36485.734.35$49,408
Nov 2010010,97780.843.80$41,661
Oct 2010111,93078.103.51$41,939
Sep 2010213,28372.633.98$53,005
Aug 2010012,58473.684.42$55,613
Jul 201049,43872.554.74$44,993
Jun 201005,27370.364.91$25,893
May 201085,28371.124.24$22,944
Apr 2010116,20081.694.12$26,459
Mar 201099,13978.394.39$40,814
Feb 201087,99773.585.44$44,111
Jan 2010410,33074.365.96$61,906
Dec 2009010,79971.445.48$59,219
Nov 2009010,37274.593.75$38,911
Oct 200909,08772.544.11$37,350
Sep 2009015,33465.543.06$46,995
Aug 200926,01167.423.22$19,481
Jul 2009010,52961.133.46$36,478
Jun 2009812,31266.163.90$48,485
May 2009512,35554.743.93$48,776
Apr 2009514,51346.773.59$52,299
Mar 2009714,65842.144.06$59,792
Feb 2009716,03332.814.63$74,511
Jan 2009013,71335.865.37$73,653
Dec 200898,47037.105.98$50,960
Nov 2008015,54155.496.86$106,617
Oct 20081320,89775.246.92$145,627
Sep 2008014,745101.767.88$116,148
Aug 20082316,121114.228.48$139,382
Jul 20082915,796131.0811.39$183,709
Jun 20084119,358131.3313.03$257,670
May 20082614,316123.1711.57$168,900
Apr 20082321,552110.3110.45$227,860
Mar 20081922,423101.909.66$218,634
Feb 20081621,28692.538.77$188,171
Jan 20081523,45590.388.21$193,821
Dec 20071022,98088.337.30$168,683
Nov 2007422,69391.677.29$165,837
Oct 2007416,67982.856.92$115,783
Sep 2007516,24675.846.24$101,822
Aug 2007519,42369.066.39$124,418
Jul 2007716,12570.906.39$103,502
Jun 2007023,15862.007.55$174,807
May 2007721,78258.747.85$171,319
Apr 2007822,62659.617.81$177,077
Mar 20071523,65756.927.30$173,597
Feb 2007824,92055.108.22$205,184
Jan 2007725,93350.306.73$174,800
Dec 2006824,05056.656.92$166,842
Nov 20061029,09654.207.62$222,180
Oct 2006928,24154.906.01$170,330
Sep 20061126,70160.085.04$135,159
Aug 20061033,64868.717.34$247,661
Jul 2006826,02669.376.34$165,632
Jun 20061132,37566.286.38$207,407
May 20063236,54966.016.42$236,940
Apr 20062331,77764.397.36$235,375
Mar 20065938,41056.707.08$275,400
Feb 20063137,62657.597.75$293,429
Jan 20062145,72160.598.93$409,713
Dec 20052727,28054.9413.42$367,455
Nov 20052333,59154.6910.59$356,933
Oct 20053230,76358.3413.80$426,266
Sep 2005029,99861.4512.08$362,346
Aug 20051630,37561.519.80$298,563
Jul 20051632,51555.697.84$255,927
Jun 2005935,73152.337.38$264,203
May 2005937,85045.226.65$252,153
Apr 2005438,64749.207.36$284,657
Mar 2005343,53450.377.15$311,632
Feb 2005741,01745.226.31$259,213
Jan 2005449,35043.166.32$312,173
Dec 20041054,06939.866.75$365,423
Nov 20041758,15745.286.33$368,928
Oct 20042258,90949.706.52$384,891
Sep 20041629,93843.245.28$158,881
Aug 20041227,51042.375.55$153,207
Jul 20041126,92438.286.08$164,232
Jun 20041029,08536.106.43$187,465
May 2004632,46837.486.49$211,091
Apr 2004633,44734.475.86$196,155
Mar 20041036,27834.365.53$200,966
Feb 2004540,50532.455.51$223,329
Jan 20041144,59332.036.30$281,272
Dec 2003548,57830.266.30$306,272
Nov 20031052,73128.804.60$242,595
Oct 2003861,37428.174.76$292,344
Sep 2003458,75026.314.75$279,130
Aug 2003463,38129.765.13$325,246
Jul 2003666,57629.415.17$344,430
Jun 2003367,53628.565.98$404,151
May 2003269,33226.595.97$414,151
Apr 2003272,90826.675.41$394,287
Mar 2003378,46131.146.10$478,395
Feb 2003372,53933.487.93$575,036
Jan 2003292,24830.315.58$514,993
Dec 2002598,57526.914.85$478,594
Nov 2002996,84124.664.14$400,849
Oct 200219113,59526.464.23$480,910
Sep 200211119,27427.443.64$433,887
Aug 200220131,19925.963.16$415,654
Jul 200217142,82524.583.06$437,714
Jun 20025122,34623.733.34$408,539
May 2002186,59624.663.58$310,385

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                3,088 Mcf  × $  3.05 =     $9,406

────────────────────────────────────────────────────
Month total                                   $9,406

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/189944 is the state's own key, not one this site invented.