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 93881District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$2.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$24 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
CondensateDisposition2,970 bbl$104,770
GasProduction708,493 Mcf$2,188,674
Total$2,293,444

230,541 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 32.3640, -94.4985. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36396, -94.49846 · 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
10,350 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 10,350 ft.

Completions filed
Dec 1980
1 of 1 wells

1 well

42-40131038210,350 ftDec 1980

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 20260543106.413.05$1,654
Apr 2026057298.932.87$1,641
Mar 2026046289.753.15$1,455
Feb 2026046263.503.75$1,733
Jan 2026053659.138.00$4,287
Dec 2025052356.664.41$2,308
Nov 2025054458.593.93$2,136
Oct 2025067059.383.30$2,214
Sep 2025058062.743.08$1,785
Aug 2025086063.933.01$2,593
Jul 2025024666.743.32$816
Jun 2025048266.483.13$1,508
May 2025053760.553.23$1,736
Apr 2025053862.363.54$1,906
Mar 2025041967.704.27$1,788
Feb 2025036070.884.34$1,563
Jan 2025068374.324.28$2,922
Dec 202401,19468.993.12$3,727
Nov 2024023669.052.20$519
Oct 2024046471.372.28$1,059
Sep 2024045869.612.36$1,083
Aug 2024048475.632.06$999
Jul 2024050079.932.15$1,073
Jun 2024049778.082.63$1,309
May 2024053378.812.20$1,172
Apr 2024049284.451.66$816
Mar 2024061280.301.55$946
Feb 2024079076.091.78$1,409
Jan 2024032773.023.30$1,078
Dec 2023030471.262.61$794
Nov 2023060077.892.81$1,685
Oct 2023068485.443.09$2,112
Sep 2023047889.042.74$1,307
Aug 202311561280.522.67$10,896
Jul 2023032774.852.64$864
Jun 2023035368.962.26$797
May 2023038270.622.23$851
Apr 2023043978.122.24$982
Mar 2023050572.852.39$1,209
Feb 2023046175.112.47$1,137
Jan 2023061276.533.39$2,073
Dec 2022066576.415.73$3,810
Nov 2022075185.005.65$4,240
Oct 2022052687.185.86$3,084
Sep 2022050184.888.16$4,090
Aug 2022050894.529.13$4,637
Jul 20220538101.587.54$4,058
Jun 20220549115.097.98$4,379
May 20220610109.378.43$5,144
Apr 20220841104.226.84$5,750
Mar 20220473108.885.08$2,401
Feb 2022051391.054.86$2,493
Jan 2022054381.844.54$2,464
Dec 2021051371.323.90$2,000
Nov 2021052077.435.24$2,723
Oct 2021044179.795.71$2,520
Sep 2021048869.865.35$2,611
Aug 2021050566.024.22$2,131
Jul 2021053370.783.98$2,122
Jun 2021051869.493.38$1,751
May 2021053863.483.02$1,624
Apr 2021053660.362.76$1,479
Mar 2021056761.302.72$1,541
Feb 2021056357.805.55$3,124
Jan 2021069850.412.81$1,962
Dec 2020067744.642.68$1,811
Nov 2020059338.772.71$1,605
Oct 2020069836.972.48$1,730
Sep 2020042137.091.99$838
Aug 2020051839.982.39$1,235
Jul 2020055338.371.83$1,009
Jun 2020048634.901.69$821
May 2020045416.921.81$824
Apr 2020044614.751.80$805
Mar 2020045130.341.86$837
Feb 2020044349.881.98$877
Jan 2020045857.252.09$959
Dec 20199849059.012.30$6,912
Nov 2019049755.302.75$1,367
Oct 2019046353.472.42$1,120
Sep 2019046855.052.66$1,244
Aug 2019050453.112.30$1,161
Jul 2019057156.272.46$1,405
Jun 2019055952.782.49$1,393
May 2019060458.482.74$1,655
Apr 2019025362.632.75$696
Mar 2019070156.803.06$2,147
Feb 20190050.852.79$0
Jan 2019044046.033.23$1,420
Dec 2018020846.594.19$871
Nov 2018045252.934.24$1,915
Oct 2018042361.443.40$1,437
Sep 2018043459.543.11$1,349
Aug 2018035659.403.07$1,092
Jul 2018036365.142.93$1,064
Jun 2018044160.183.08$1,357
May 2018031665.382.90$917
Apr 2018050363.842.90$1,459
Mar 2018023161.222.79$644
Feb 20180361.782.77$8
Jan 2018052562.874.01$2,105
Dec 2017050257.272.92$1,467
Nov 2017045555.423.12$1,419
Oct 2017041649.292.98$1,241
Sep 2017041347.523.09$1,275
Aug 2017050445.373.00$1,514
Jul 2017052843.873.09$1,630
Jun 2017044442.493.09$1,371
May 2017052645.373.26$1,717
Apr 2017055947.933.21$1,795
Mar 2017059746.772.98$1,781
Feb 2017055250.452.95$1,630
Jan 2017062149.413.42$2,123
Dec 2016063448.763.72$2,360
Nov 2016061542.492.64$1,626
Oct 2016065446.193.09$2,021
Sep 2016069041.553.10$2,139
Aug 2016067341.442.92$1,968
Jul 2016069741.622.92$2,038
Jun 2016057145.352.69$1,534
May 2016066242.521.99$1,318
Apr 2016066636.561.99$1,326
Mar 2016068933.011.79$1,236
Feb 201611068326.472.06$4,321
Jan 2016067627.352.36$1,598
Dec 2015069132.362.00$1,383
Nov 2015075038.792.17$1,626
Oct 2015084543.552.43$2,050
Sep 2015089942.992.76$2,480
Aug 2015088540.162.87$2,542
Jul 2015092448.152.95$2,721
Jun 2015073156.152.88$2,107
May 2015088155.212.96$2,604
Apr 2015088949.822.71$2,406
Mar 2015095542.892.93$2,803
Feb 2015087744.662.98$2,610
Jan 2015090643.433.10$2,809
Dec 2014095454.693.59$3,426
Nov 2014094670.464.25$4,022
Oct 201401,01478.303.90$3,956
Sep 2014091986.164.05$3,718
Aug 2014090189.394.04$3,636
Jul 2014088696.564.18$3,703
Jun 2014093798.164.74$4,438
May 201401,00594.734.73$4,750
Apr 20142890095.944.81$7,015
Mar 201401,03195.895.06$5,214
Feb 2014075697.406.19$4,681
Jan 201401,06090.404.86$5,152
Dec 201301,10291.824.35$4,799
Nov 20131041,05088.853.74$13,166
Oct 201301,09997.423.78$4,154
Sep 20130971104.113.72$3,610
Aug 201301,080104.253.52$3,804
Jul 201301,087102.523.72$4,041
Jun 201301,07494.403.93$4,224
May 201301,14494.834.15$4,747
Apr 201311,17093.964.28$5,105
Mar 201311,22293.623.91$4,875
Feb 201301,07791.233.42$3,683
Jan 201301,46991.603.42$5,024
Dec 201201,60586.773.42$5,489
Nov 201201,48086.953.62$5,365
Oct 201201,47089.383.40$4,998
Sep 201210282694.672.92$12,067
Aug 2012095992.662.91$2,789
Jul 201201,08885.133.02$3,287
Jun 201201,49679.822.52$3,768
May 2012084791.612.49$2,108
Apr 201201,061101.652.00$2,119
Mar 201201,221105.052.22$2,713
Feb 201201,549101.102.57$3,981
Jan 201201,66298.092.73$4,544
Dec 201101,93996.873.24$6,282
Nov 201101,49695.723.31$4,954
Oct 201101,30484.983.65$4,758
Sep 201101,03783.623.99$4,133
Aug 2011093083.404.15$3,859
Jul 2011095194.144.52$4,296
Jun 201101,04292.904.64$4,835
May 201101,32698.134.40$5,841
Apr 201101,239105.964.33$5,369
Mar 201101,78196.364.06$7,226
Feb 201102,15985.644.18$9,025
Jan 201102,14886.504.59$9,857
Dec 201002,11385.734.35$9,187
Nov 201001,95880.843.80$7,431
Oct 201001,68378.103.51$5,905
Sep 201001,41072.633.98$5,611
Aug 201001,48673.684.42$6,567
Jul 201001,42172.554.74$6,731
Jun 201001,35870.364.91$6,668
May 201001,52371.124.24$6,450
Apr 201001,30281.694.12$5,368
Mar 201001,18978.394.39$5,218
Feb 201001,57673.585.44$8,577
Jan 201001,47974.365.96$8,821
Dec 200901,58971.445.48$8,714
Nov 200901,08374.593.75$4,063
Oct 200901,12372.544.11$4,616
Sep 2009074665.543.06$2,286
Aug 200901,10667.423.22$3,560
Jul 2009086361.133.46$2,990
Jun 200915598566.163.90$14,091
May 2009097954.743.93$3,843
Apr 200901,08346.773.59$3,885
Mar 200901,44942.144.06$5,881
Feb 200901,43732.814.63$6,658
Jan 200901,75235.865.37$9,410
Dec 200801,49337.105.98$8,924
Nov 200801,67155.496.86$11,464
Oct 200801,62175.246.92$11,221
Sep 200801,189101.767.88$9,366
Aug 200801,483114.228.48$12,580
Jul 200801,294131.0811.39$14,738
Jun 200801,460131.3313.03$19,028
May 200801,411123.1711.57$16,331
Apr 200801,301110.3110.45$13,602
Mar 200801,881101.909.66$18,178
Feb 200802,41792.538.77$21,198
Jan 200803,00790.388.21$24,675
Dec 200702,47188.337.30$18,043
Nov 200702,09391.677.29$15,262
Oct 200702,20882.856.92$15,284
Sep 200701,71275.846.24$10,690
Aug 200701,32869.066.39$8,483
Jul 200701,27870.906.39$8,164
Jun 200701,50962.007.55$11,391
May 200701,32558.747.85$10,396
Apr 200701,37759.617.81$10,748
Mar 200701,53656.927.30$11,216
Feb 200701,12855.108.22$9,268
Jan 200702,70950.306.73$18,223
Dec 200603,15456.656.92$21,821
Nov 200603,13854.207.62$23,904
Oct 200602,14054.906.01$12,870
Sep 20061241,83360.085.04$16,683
Aug 200603,74268.717.34$27,466
Jul 200603,29369.376.34$20,887
Jun 200603,01666.286.38$19,254
May 200603,68066.016.42$23,644
Apr 200602,85764.397.36$21,029
Mar 200602,55056.707.08$18,061
Feb 200611,80057.597.75$14,010
Jan 200602,19660.598.93$19,618
Dec 200501,92054.9413.42$25,758
Nov 200501,84954.6910.59$19,578
Oct 200501,94158.3413.80$26,778
Sep 200501,92261.4512.08$23,216
Aug 200501,99761.519.80$19,564
Jul 200502,02355.697.84$15,868
Jun 20051611,97852.337.38$23,025
May 200502,04245.226.65$13,582
Apr 200501,99749.207.36$14,699
Mar 200502,06250.377.15$14,753
Feb 200501,82945.226.31$11,545
Jan 200502,03743.166.32$12,878
Dec 200401,84839.866.75$12,476
Nov 200401,87345.286.33$11,857
Oct 200402,06949.706.52$13,480
Sep 200402,03843.245.28$10,769
Aug 200402,16442.375.55$12,012
Jul 20041672,16938.286.08$19,589
Jun 200402,15436.106.43$13,857
May 200402,23537.486.49$14,515
Apr 200402,19534.475.86$12,859
Mar 200402,16834.365.53$11,989
Feb 200401,95032.455.51$10,744
Jan 200402,32332.036.30$14,634
Dec 200302,30730.266.30$14,538
Nov 200302,25628.804.60$10,367
Oct 200302,29528.174.76$10,923
Sep 200301,64926.314.75$7,832
Aug 200302,42429.765.13$12,434
Jul 200302,46929.415.17$12,767
Jun 200302,41928.565.98$14,473
May 2003971,90826.595.97$13,975
Apr 200302,26926.675.41$12,269
Mar 200302,62631.146.10$16,008
Feb 200302,45733.487.93$19,474
Jan 200302,65830.315.58$14,837
Dec 200202,66026.914.85$12,911
Nov 200202,78324.664.14$11,513
Oct 200202,36026.464.23$9,981
Sep 200201,74627.443.64$6,347
Aug 200202,03325.963.16$6,433
Jul 200202,81124.583.06$8,607
Jun 200201,43423.733.34$4,787
May 200201,46524.663.58$5,251
Apr 200201,52623.653.51$5,360
Mar 200201,58322.003.10$4,912
Feb 200201,47318.222.38$3,499
Jan 20021541,61017.172.38$6,469
Dec 200101,82416.932.36$4,313
Nov 200101,53518.072.41$3,692
Oct 200102,03719.782.53$5,151
Sep 200101,67424.262.25$3,769
Aug 200101,69324.873.05$5,169
Jul 200101,78623.933.20$5,710
Jun 200102,01624.563.82$7,710
May 200101,85525.524.31$7,990
Apr 200101,87824.685.34$10,020
Mar 200102,23924.545.38$12,038
Feb 200101,64727.755.77$9,498
Jan 200101,87627.478.40$15,756
Dec 200002,12126.889.12$19,349
Nov 200001,91532.215.66$10,835
Oct 200002,21731.235.15$11,408
Sep 200002,15731.875.19$11,187
Aug 20001592,20229.644.54$14,711
Jul 200002,01928.534.09$8,257
Jun 200002,09229.304.40$9,199
May 200002,36027.263.68$8,684
Apr 200001,94724.513.12$6,067
Mar 200002,09128.422.86$5,980
Feb 200002,06927.622.73$5,641
Jan 200002,42625.272.48$6,018
Dec 199902,47324.282.42$5,994
Nov 199901,99723.192.43$4,861
Oct 199902,26120.982.80$6,339
Sep 199902,42421.752.62$6,348
Aug 199902,46719.262.88$7,094
Jul 199902,47217.892.37$5,865
Jun 199902,55215.942.36$6,028
May 19991683,06915.792.32$9,776
Apr 199901,82115.102.21$4,021
Mar 199901,92812.471.84$3,544
Feb 199901,7879.981.82$3,248
Jan 199902,02210.381.90$3,842
Dec 199802,1859.201.77$3,875
Nov 199802,15310.892.19$4,706
Oct 199802,50312.421.97$4,929
Sep 199802,65212.592.08$5,523
Aug 199803,13011.301.91$5,970
Jul 199802,85711.742.24$6,392
Jun 199803,09611.242.24$6,927
May 199803,05612.622.21$6,743
Apr 199803,19513.042.51$8,005
Mar 19981772,32012.802.31$7,624
Feb 199802,24713.952.30$5,166
Jan 199802,86114.702.15$6,165
Dec 199702,78916.322.41$6,725
Nov 199702,79118.193.09$8,619
Oct 199702,44319.253.15$7,695
Sep 199702,39917.742.95$7,089
Aug 199702,74817.862.55$7,020
Jul 199702,61117.582.25$5,867
Jun 199702,51417.242.26$5,675
May 199703,15118.972.31$7,274
Apr 199703,53317.882.08$7,358
Mar 19971812,35718.951.94$8,001
Feb 199701,89820.492.21$4,187
Jan 199701,98423.483.54$7,023
Dec 199602,20623.32$0
Nov 199602,39921.97$0
Oct 199603,16623.31$0
Sep 199603,38022.22$0
Aug 199603,68120.26$0
Jul 199603,84919.55$0
Jun 199603,83418.73$0
May 199603,82019.43$0
Apr 199603,70921.51$0
Mar 199603,90919.38$0
Feb 19961793,93916.98$3,039
Jan 199604,01717.07$0
Dec 199502,51817.19$0
Nov 199503,88316.00$0
Oct 199503,84515.43$0
Sep 199503,83116.18$0
Aug 199504,00915.92$0
Jul 199504,84815.24$0
Jun 199504,64616.41$0
May 199504,14517.56$0
Apr 199512,98917.73$18
Mar 199503,80816.44$0
Feb 199504,11816.58$0
Jan 199504,49215.92$0
Dec 19941794,94115.03$2,690
Nov 199405,91715.90$0
Oct 199415,89215.58$16
Sep 199405,98115.29$0
Aug 199415,20916.13$16
Jul 199405,35517.56$0
Jun 199405,59317.09$0
May 19941615,57715.88$2,557
Apr 199403,57714.14$0
Mar 199425,96212.46$25
Feb 199404,84212.50$0
Jan 199404,09512.66$0
Dec 199305,26312.33$0
Nov 199306,70314.49$0
Oct 19931766,66315.85$2,790
Sep 199306,53115.03$0
Aug 199306,78815.66$0
Jul 199306,88715.46$0
Jun 199307,00316.79$0
May 199307,31917.68$0
Apr 199306,65618.05$0
Mar 19931676,05318.14$3,029
Feb 199305,04917.90$0
Jan 199307,64416.93$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                  543 Mcf  × $  3.05 =     $1,654

────────────────────────────────────────────────────
Month total                                   $1,654

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/93881 is the state's own key, not one this site invented.