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 82332District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$813 k
Jan 1993 – May 2026
Value, last 12 filed months
$35 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
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
CondensateDisposition56 bbl$889
GasProduction309,476 Mcf$812,396
Total$813,285

107,898 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 32.3860, -94.5470. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38600, -94.54700 · 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
10,400 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 10,400 ft.

Completions filed
Apr 1979
1 of 1 wells

1 well

42-40130692110,400 ftApr 1979

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 20260537106.413.05$1,636
Apr 2026054898.932.87$1,573
Mar 2026058789.753.15$1,849
Feb 2026078363.503.75$2,937
Jan 2026084359.138.00$6,742
Dec 202501,23056.664.41$5,428
Nov 2025090858.593.93$3,565
Oct 2025059259.383.30$1,956
Sep 2025051362.743.08$1,578
Aug 2025086963.933.01$2,620
Jul 2025084866.743.32$2,811
Jun 2025066466.483.13$2,077
May 2025049660.553.23$1,603
Apr 2025019962.363.54$705
Mar 2025016267.704.27$691
Feb 2025023270.884.34$1,007
Jan 2025030174.324.28$1,288
Dec 2024022368.993.12$696
Nov 2024043169.052.20$948
Oct 2024025471.372.28$579
Sep 2024036369.612.36$858
Aug 2024043575.632.06$898
Jul 202402679.932.15$56
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024011784.451.66$194
Mar 2024011780.301.55$181
Feb 202409076.091.78$161
Jan 202408373.023.30$274
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202305385.443.09$164
Sep 2023010089.042.74$274
Aug 2023026880.522.67$716
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220687.185.86$35
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210670.783.98$24
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202007314.751.80$132
Mar 20200030.341.86$0
Feb 20200149.881.98$2
Jan 2020023157.252.09$484
Dec 20190059.012.30$0
Nov 20190155.302.75$3
Oct 2019020053.472.42$484
Sep 201902455.052.66$64
Aug 2019013953.112.30$320
Jul 2019013756.272.46$337
Jun 2019033452.782.49$832
May 2019027858.482.74$762
Apr 2019040362.632.75$1,109
Mar 2019036956.803.06$1,130
Feb 2019048550.852.79$1,354
Jan 2019015746.033.23$507
Dec 2018063246.594.19$2,645
Nov 2018037552.934.24$1,589
Oct 2018055561.443.40$1,886
Sep 201801859.543.11$56
Aug 201804359.403.07$132
Jul 2018033465.142.93$979
Jun 2018059560.183.08$1,831
May 2018073665.382.90$2,135
Apr 201806463.842.90$186
Mar 201809661.222.79$268
Feb 2018026161.782.77$722
Jan 201808062.874.01$321
Dec 2017035257.272.92$1,028
Nov 201708955.423.12$278
Oct 201708449.292.98$251
Sep 2017022447.523.09$692
Aug 2017031245.373.00$937
Jul 2017068743.873.09$2,121
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017024247.933.21$777
Mar 2017040646.772.98$1,211
Feb 2017037150.452.95$1,095
Jan 2017039349.413.42$1,344
Dec 2016049248.763.72$1,832
Nov 2016033042.492.64$873
Oct 2016033746.193.09$1,041
Sep 2016055041.553.10$1,705
Aug 2016057541.442.92$1,682
Jul 2016056541.622.92$1,652
Jun 2016058445.352.69$1,569
May 2016062942.521.99$1,252
Apr 2016064036.561.99$1,274
Mar 2016067633.011.79$1,213
Feb 2016066226.472.06$1,366
Jan 2016075427.352.36$1,783
Dec 2015075032.362.00$1,501
Nov 2015079538.792.17$1,723
Oct 20150043.552.43$0
Sep 2015037242.992.76$1,026
Aug 2015070440.162.87$2,022
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015042455.212.96$1,253
Apr 2015041949.822.71$1,134
Mar 2015039242.892.93$1,150
Feb 2015033544.662.98$997
Jan 2015037543.433.10$1,163
Dec 2014040054.693.59$1,437
Nov 2014035670.464.25$1,514
Oct 2014029478.303.90$1,147
Sep 2014028086.164.05$1,133
Aug 2014027289.394.04$1,098
Jul 2014027396.564.18$1,141
Jun 2014026598.164.74$1,255
May 2014027294.734.73$1,286
Apr 2014026495.944.81$1,270
Mar 2014024295.895.06$1,224
Feb 2014026397.406.19$1,629
Jan 2014030890.404.86$1,497
Dec 2013029491.824.35$1,280
Nov 2013027188.853.74$1,013
Oct 2013026497.423.78$998
Sep 20130262104.113.72$974
Aug 20130304104.253.52$1,071
Jul 20130287102.523.72$1,067
Jun 2013025394.403.93$995
May 2013027594.834.15$1,141
Apr 2013026293.964.28$1,122
Mar 2013025893.623.91$1,010
Feb 2013024991.233.42$852
Jan 2013026791.603.42$913
Dec 2012030786.773.42$1,050
Nov 2012027886.953.62$1,008
Oct 2012022989.383.40$779
Sep 2012016894.672.92$490
Aug 2012014392.662.91$416
Jul 2012017785.133.02$535
Jun 2012017679.822.52$443
May 2012018791.612.49$465
Apr 20120171101.652.00$341
Mar 20120143105.052.22$318
Feb 20120150101.102.57$386
Jan 2012019198.092.73$522
Dec 2011013696.873.24$441
Nov 2011035195.723.31$1,162
Oct 2011033284.983.65$1,211
Sep 2011019783.623.99$785
Aug 2011020683.404.15$855
Jul 2011017094.144.52$768
Jun 2011015192.904.64$701
May 2011020698.134.40$907
Apr 20110173105.964.33$750
Mar 2011019296.364.06$779
Feb 2011014585.644.18$606
Jan 2011014786.504.59$675
Dec 2010014285.734.35$617
Nov 2010066780.843.80$2,531
Oct 2010078878.103.51$2,765
Sep 2010010672.633.98$422
Aug 2010047973.684.42$2,117
Jul 2010059372.554.74$2,809
Jun 2010059870.364.91$2,936
May 2010043371.124.24$1,834
Apr 201008381.694.12$342
Mar 201002278.394.39$97
Feb 201002873.585.44$152
Jan 2010011174.365.96$662
Dec 200902371.445.48$126
Nov 2009086274.593.75$3,234
Oct 200901,50172.544.11$6,169
Sep 2009036765.543.06$1,125
Aug 2009010467.423.22$335
Jul 200909361.133.46$322
Jun 2009017966.163.90$697
May 2009018554.743.93$726
Apr 2009022746.773.59$814
Mar 2009029942.144.06$1,214
Feb 2009032332.814.63$1,496
Jan 2009039035.865.37$2,095
Dec 2008042837.105.98$2,558
Nov 2008047655.496.86$3,266
Oct 2008054175.246.92$3,745
Sep 20080235101.767.88$1,851
Aug 20080148114.228.48$1,255
Jul 20080262131.0811.39$2,984
Jun 20080288131.3313.03$3,753
May 20080452123.1711.57$5,232
Apr 20080445110.3110.45$4,652
Mar 20080466101.909.66$4,503
Feb 2008042992.538.77$3,763
Jan 2008051990.388.21$4,259
Dec 2007043088.337.30$3,140
Nov 2007044391.677.29$3,230
Oct 2007021082.856.92$1,454
Sep 2007020775.846.24$1,293
Aug 2007014469.066.39$920
Jul 2007011170.906.39$709
Jun 2007010862.007.55$815
May 2007046658.747.85$3,656
Apr 2007080859.617.81$6,307
Mar 2007082356.927.30$6,010
Feb 2007021555.108.22$1,766
Jan 2007076650.306.73$5,153
Dec 2006086756.656.92$5,998
Nov 2006056354.207.62$4,289
Oct 2006061354.906.01$3,686
Sep 2006062260.085.04$3,133
Aug 2006049568.717.34$3,633
Jul 2006047169.376.34$2,987
Jun 2006040966.286.38$2,611
May 2006046066.016.42$2,956
Apr 2006047564.397.36$3,496
Mar 2006066256.707.08$4,689
Feb 2006060457.597.75$4,682
Jan 2006087660.598.93$7,826
Dec 2005098354.9413.42$13,187
Nov 2005069054.6910.59$7,306
Oct 2005070258.3413.80$9,685
Sep 2005037261.4512.08$4,493
Aug 2005068461.519.80$6,701
Jul 200501,38055.697.84$10,824
Jun 2005071652.337.38$5,285
May 2005071045.226.65$4,722
Apr 2005064249.207.36$4,725
Mar 2005069550.377.15$4,973
Feb 2005044245.226.31$2,790
Jan 200501,28343.166.32$8,111
Dec 200401,50039.866.75$10,127
Nov 200401,38045.286.33$8,736
Oct 200401,29649.706.52$8,444
Sep 200401,18643.245.28$6,267
Aug 2004075442.375.55$4,185
Jul 2004067538.286.08$4,107
Jun 2004037436.106.43$2,406
May 2004050937.486.49$3,306
Apr 2004033834.475.86$1,980
Mar 2004058834.365.53$3,252
Feb 2004069232.455.51$3,813
Jan 2004067132.036.30$4,227
Dec 200301,07130.266.30$6,749
Nov 2003084828.804.60$3,897
Oct 200301,13128.174.76$5,383
Sep 200301,46326.314.75$6,948
Aug 200301,59529.765.13$8,182
Jul 200301,14329.415.17$5,910
Jun 2003055428.565.98$3,315
May 2003048726.595.97$2,909
Apr 2003068026.675.41$3,677
Mar 2003057231.146.10$3,487
Feb 2003060233.487.93$4,771
Jan 2003052530.315.58$2,931
Dec 2002059526.914.85$2,888
Nov 2002054424.664.14$2,251
Oct 2002089226.464.23$3,772
Sep 2002061727.443.64$2,243
Aug 2002079725.963.16$2,522
Jul 2002074324.583.06$2,275
Jun 2002082023.733.34$2,737
May 2002062624.663.58$2,244
Apr 2002042423.653.51$1,489
Mar 200201,85722.003.10$5,762
Feb 2002080418.222.38$1,910
Jan 200201,26017.172.38$2,993
Dec 200101,29016.932.36$3,050
Nov 200101,24918.072.41$3,004
Oct 200101,03819.782.53$2,625
Sep 200101,56824.262.25$3,530
Aug 200101,14424.873.05$3,493
Jul 200101,37723.933.20$4,402
Jun 200101,11924.563.82$4,279
May 200101,14625.524.31$4,936
Apr 200101,01424.685.34$5,410
Mar 200101,08724.545.38$5,844
Feb 2001089827.755.77$5,179
Jan 2001081627.478.40$6,853
Dec 2000072126.889.12$6,577
Nov 200001,34632.215.66$7,616
Oct 200001,46431.235.15$7,533
Sep 200001,37731.875.19$7,142
Aug 200001,17229.644.54$5,322
Jul 200001,02628.534.09$4,196
Jun 200002,21029.304.40$9,718
May 200001,34227.263.68$4,938
Apr 200001,50524.513.12$4,690
Mar 200001,30028.422.86$3,718
Feb 200001,53327.622.73$4,180
Jan 200002,02025.272.48$5,011
Dec 199902,08024.282.42$5,041
Nov 199901,65623.192.43$4,031
Oct 199901,19220.982.80$3,342
Sep 199901,24521.752.62$3,260
Aug 199903,36519.262.88$9,676
Jul 199902,80817.892.37$6,662
Jun 199901,95115.942.36$4,608
May 199901,51515.792.32$3,516
Apr 199901,57515.102.21$3,478
Mar 199902,04512.471.84$3,759
Feb 199901,6149.981.82$2,934
Jan 199901,94210.381.90$3,690
Dec 199801,7379.201.77$3,080
Nov 199801,72210.892.19$3,764
Oct 199801,64412.421.97$3,237
Sep 199801,99612.592.08$4,157
Aug 199801,89611.301.91$3,616
Jul 199802,22111.742.24$4,969
Jun 199802,48211.242.24$5,553
May 199802,71412.622.21$5,988
Apr 199802,09313.042.51$5,244
Mar 199801,41412.802.31$3,266
Feb 199801,26413.952.30$2,906
Jan 199801,16714.702.15$2,515
Dec 199701,36416.322.41$3,289
Nov 199702,29318.193.09$7,081
Oct 199701,93019.253.15$6,079
Sep 199702,35617.742.95$6,962
Aug 199703,10717.862.55$7,938
Jul 199701,92317.582.25$4,321
Jun 1997024517.242.26$553
May 1997037518.972.31$866
Apr 1997065617.882.08$1,366
Mar 199709918.951.94$192
Feb 1997035320.492.21$779
Jan 1997023923.483.54$846
Dec 1996034723.32$0
Nov 1996042321.97$0
Oct 199606023.31$0
Sep 1996016922.22$0
Aug 1996015620.26$0
Jul 199601,36919.55$0
Jun 199603,34018.73$0
May 199603,86219.43$0
Apr 199603,66721.51$0
Mar 199603,46119.38$0
Feb 199603,07116.98$0
Jan 199603,76317.07$0
Dec 199504,51717.19$0
Nov 199504,89416.00$0
Oct 199509,80715.43$0
Sep 199504,85816.18$0
Aug 199503,98715.92$0
Jul 199505,05315.24$0
Jun 199506,48016.41$0
May 199503,33117.56$0
Apr 1995151817.73$266
Mar 1995072916.44$0
Feb 1995016716.58$0
Jan 1995020815.92$0
Dec 1994025115.03$0
Nov 1994063515.90$0
Oct 1994023315.58$0
Sep 1994026415.29$0
Aug 1994099116.13$0
Jul 199401,38517.56$0
Jun 199401,91417.09$0
May 19942526715.88$397
Apr 19941626614.14$226
Mar 1994017812.46$0
Feb 199401,40612.50$0
Jan 199401,45212.66$0
Dec 199301,32212.33$0
Nov 199301,05014.49$0
Oct 199301,62515.85$0
Sep 199301,79415.03$0
Aug 199301,88215.66$0
Jul 199301,53815.46$0
Jun 199304,03716.79$0
May 199303,03217.68$0
Apr 199303,63918.05$0
Mar 199303,36218.14$0
Feb 199303,51917.90$0
Jan 199304,11916.93$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                  537 Mcf  × $  3.05 =     $1,636

────────────────────────────────────────────────────
Month total                                   $1,636

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/82332 is the state's own key, not one this site invented.