SHEPHERD, W. J. GAS UNIT

Operated by BKV BARNETT, LLC (P-5 72504) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 147132District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
Sep 1993 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
393
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas111993-12-09129423
NGPA2none

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
CondensateDisposition1,178 bbl$40,934
GasProduction1,943,411 Mcf$7,596,040
Total$7,636,974

325,584 Mcf of this lease's gas, across 33 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 33.0821, -97.5572. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.08207, -97.55723 · 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
7,185 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 7,185 ft.

Completions filed
Sep 1993
1 of 1 wells

1 well

42-4973382317,185 ftSep 1993

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 (393)

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

393 months

May 20260982106.413.05$2,991
Apr 2026091198.932.87$2,614
Mar 2026097689.753.15$3,074
Feb 2026092263.503.75$3,458
Jan 2026096959.138.00$7,750
Dec 2025098756.664.41$4,356
Nov 2025093058.593.93$3,652
Oct 2025094859.383.30$3,133
Sep 2025090362.743.08$2,778
Aug 2025092463.933.01$2,786
Jul 2025095966.743.32$3,179
Jun 202501,07066.483.13$3,348
May 202501,04360.553.23$3,371
Apr 2025094862.363.54$3,359
Mar 202501,01867.704.27$4,345
Feb 2025091270.884.34$3,959
Jan 202501,03574.324.28$4,428
Dec 202401,04368.993.12$3,256
Nov 202401,03369.052.20$2,271
Oct 202411,14771.372.28$2,688
Sep 202401,10069.612.36$2,601
Aug 202411,13375.632.06$2,414
Jul 202411,14379.932.15$2,533
Jun 202411,14878.082.63$3,102
May 202411,19578.812.20$2,706
Apr 202401,17484.451.66$1,948
Mar 202401,27980.301.55$1,976
Feb 202411,28076.091.78$2,359
Jan 2024096673.023.30$3,186
Dec 202311,18871.262.61$3,173
Nov 202311,13677.892.81$3,267
Oct 202311,17085.443.09$3,698
Sep 202311,13189.042.74$3,182
Aug 202311,14180.522.67$3,130
Jul 202311,14974.852.64$3,110
Jun 202301,10268.962.26$2,489
May 202311,30770.622.23$2,982
Apr 202311,13678.122.24$2,620
Mar 202311,20672.852.39$2,959
Feb 202301,10975.112.47$2,734
Jan 202311,26076.533.39$4,345
Dec 202211,25176.415.73$7,243
Nov 202211,21585.005.65$6,945
Oct 202211,21287.185.86$7,194
Sep 202211,18484.888.16$9,751
Aug 202211,21194.529.13$11,148
Jul 202211,198101.587.54$9,137
Jun 202211,156115.097.98$9,337
May 202211,236109.378.43$10,533
Apr 202211,200104.226.84$8,309
Mar 202211,261108.885.08$6,510
Feb 202211,14091.054.86$5,630
Jan 202211,25481.844.54$5,772
Dec 202111,25071.323.90$4,945
Nov 202111,17377.435.24$6,220
Oct 202111,20779.795.71$6,976
Sep 202111,15269.865.35$6,234
Aug 202111,22166.024.22$5,219
Jul 202111,20570.783.98$4,869
Jun 202111,19469.493.38$4,106
May 202111,28963.483.02$3,953
Apr 202111,24160.362.76$3,484
Mar 202111,29961.302.72$3,591
Feb 202111,19757.805.55$6,699
Jan 202101,29950.412.81$3,651
Dec 202001,31244.642.68$3,510
Nov 202001,26038.772.71$3,410
Oct 202001,32836.972.48$3,291
Sep 202001,27737.091.99$2,543
Aug 202001,29939.982.39$3,098
Jul 202001,29938.371.83$2,371
Jun 202001,29934.901.69$2,196
May 202001,35716.921.81$2,463
Apr 202001,32414.751.80$2,389
Mar 202001,37330.341.86$2,549
Feb 202001,29549.881.98$2,565
Jan 202001,38757.252.09$2,905
Dec 201901,40659.012.30$3,240
Nov 201901,35655.302.75$3,730
Oct 201901,39053.472.42$3,362
Sep 201901,33655.052.66$3,550
Aug 201901,38253.112.30$3,185
Jul 201901,39056.272.46$3,419
Jun 201901,38652.782.49$3,453
May 201901,42358.482.74$3,899
Apr 201901,39162.632.75$3,826
Mar 201901,45956.803.06$4,468
Feb 201901,32050.852.79$3,686
Jan 201901,46146.033.23$4,716
Dec 201801,49446.594.19$6,253
Nov 201801,43252.934.24$6,068
Oct 201801,48661.443.40$5,050
Sep 201801,41459.543.11$4,395
Aug 201801,48659.403.07$4,557
Jul 201801,50465.142.93$4,410
Jun 201801,45760.183.08$4,483
May 201801,53565.382.90$4,453
Apr 201801,47063.842.90$4,264
Mar 201801,53261.222.79$4,269
Feb 201801,46461.782.77$4,050
Jan 201801,50262.874.01$6,022
Dec 201701,42357.272.92$4,157
Nov 201701,37355.423.12$4,282
Oct 201701,44549.292.98$4,311
Sep 201701,44947.523.09$4,473
Aug 201701,56245.373.00$4,693
Jul 201701,57643.873.09$4,866
Jun 201701,54742.493.09$4,776
May 201701,57345.373.26$5,133
Apr 201701,61147.933.21$5,174
Mar 201701,66546.772.98$4,968
Feb 201701,51350.452.95$4,467
Jan 201701,68349.413.42$5,754
Dec 201601,68648.763.72$6,277
Nov 201601,65342.492.64$4,371
Oct 201601,71246.193.09$5,291
Sep 201601,65041.553.10$5,116
Aug 201601,69141.442.92$4,945
Jul 201601,72541.622.92$5,044
Jun 201601,67745.352.69$4,504
May 201601,73842.521.99$3,460
Apr 201601,69736.561.99$3,379
Mar 201601,73533.011.79$3,113
Feb 201601,66626.472.06$3,438
Jan 201601,78227.352.36$4,213
Dec 201501,84432.362.00$3,691
Nov 201501,65238.792.17$3,580
Oct 201501,77643.552.43$4,310
Sep 201501,73842.992.76$4,794
Aug 201501,92540.162.87$5,530
Jul 201501,72548.152.95$5,080
Jun 201501,78456.152.88$5,143
May 201501,84155.212.96$5,441
Apr 201501,82749.822.71$4,945
Mar 201501,68642.892.93$4,948
Feb 201501,77344.662.98$5,277
Jan 201502,01343.433.10$6,242
Dec 201402,04054.693.59$7,326
Nov 201401,95970.464.25$8,329
Oct 201401,96878.303.90$7,677
Sep 201401,92486.164.05$7,783
Aug 201402,00289.394.04$8,078
Jul 201402,10496.564.18$8,794
Jun 201402,08098.164.74$9,853
May 201402,23894.734.73$10,578
Apr 201402,23395.944.81$10,739
Mar 201402,44295.895.06$12,349
Feb 201402,33197.406.19$14,434
Jan 201402,73590.404.86$13,294
Dec 201303,02991.824.35$13,190
Nov 201303,78988.853.74$14,164
Oct 201393,79997.423.78$15,235
Sep 201304,535104.113.72$16,860
Aug 201306,285104.253.52$22,140
Jul 201305,384102.523.72$20,016
Jun 201307,33394.403.93$28,844
May 2013015,51494.834.15$64,369
Apr 2013013,25993.964.28$56,783
Mar 201302,72393.623.91$10,655
Feb 201303,39191.233.42$11,597
Jan 201303,81991.603.42$13,061
Dec 201203,99086.773.42$13,646
Nov 201203,79886.953.62$13,768
Oct 201213,94289.383.40$13,491
Sep 2012143,82294.672.92$12,480
Aug 201203,99992.662.91$11,630
Jul 201204,16285.133.02$12,573
Jun 201203,94979.822.52$9,948
May 201203,87691.612.49$9,645
Apr 201204,252101.652.00$8,490
Mar 201204,359105.052.22$9,686
Feb 201203,721101.102.57$9,564
Jan 201204,58098.092.73$12,522
Dec 201104,91796.873.24$15,930
Nov 201104,49695.723.31$14,888
Oct 201104,13484.983.65$15,083
Sep 201104,12083.623.99$16,422
Aug 201103,92783.404.15$16,294
Jul 201104,53394.144.52$20,477
Jun 201104,39192.904.64$20,374
May 201104,67098.134.40$20,571
Apr 201104,536105.964.33$19,656
Mar 201104,40796.364.06$17,881
Feb 201103,93485.644.18$16,444
Jan 201104,53186.504.59$20,792
Dec 201004,46485.734.35$19,408
Nov 201003,86180.843.80$14,654
Oct 201004,27578.103.51$15,001
Sep 201004,33972.633.98$17,267
Aug 201004,21773.684.42$18,636
Jul 201004,64172.554.74$21,982
Jun 201004,32970.364.91$21,257
May 201003,99171.124.24$16,903
Apr 201004,23281.694.12$17,447
Mar 201004,09278.394.39$17,958
Feb 201003,87273.585.44$21,073
Jan 201004,04974.365.96$24,149
Dec 200905,09671.445.48$27,945
Nov 200904,81774.593.75$18,071
Oct 200904,52772.544.11$18,607
Sep 200904,42965.543.06$13,574
Aug 200904,86967.423.22$15,671
Jul 200904,83961.133.46$16,765
Jun 200904,69266.163.90$18,275
May 200905,09454.743.93$19,998
Apr 200904,83346.773.59$17,338
Mar 200905,43342.144.06$22,053
Feb 200904,86332.814.63$22,530
Jan 200905,67435.865.37$30,475
Dec 200805,70237.105.98$34,082
Nov 200805,75755.496.86$39,495
Oct 200815,81375.246.92$40,313
Sep 200815,678101.767.88$44,828
Aug 200826,083114.228.48$51,831
Jul 200855,821131.0811.39$66,953
Jun 2008145,645131.3313.03$75,408
May 2008366,011123.1711.57$74,007
Apr 200805,936110.3110.45$62,060
Mar 200806,294101.909.66$60,826
Feb 200805,63592.538.77$49,422
Jan 200806,63790.388.21$54,461
Dec 200706,41988.337.30$46,871
Nov 200706,37091.677.29$46,448
Oct 200706,53382.856.92$45,221
Sep 200706,67875.846.24$41,699
Aug 200706,85869.066.39$43,808
Jul 200707,02070.906.39$44,843
Jun 200707,24462.007.55$54,681
May 200707,14358.747.85$56,046
Apr 200707,21959.617.81$56,346
Mar 200706,98456.927.30$50,997
Feb 200706,41655.108.22$52,714
Jan 200708,16450.306.73$54,918
Dec 200607,35256.656.92$50,864
Nov 200606,98154.207.62$53,178
Oct 200608,06354.906.01$48,489
Sep 200607,65260.085.04$38,545
Aug 200608,64368.717.34$63,439
Jul 200608,67069.376.34$54,992
Jun 200606,81666.286.38$43,513
May 200607,27766.016.42$46,755
Apr 200607,15864.397.36$52,686
Mar 200607,53656.707.08$53,377
Feb 200606,91857.597.75$53,622
Jan 2006987,67060.598.93$74,456
Dec 200507,31154.9413.42$98,080
Nov 200507,12254.6910.59$75,411
Oct 200507,68958.3413.80$106,076
Sep 200507,55061.4512.08$91,196
Aug 200507,89261.519.80$77,317
Jul 200508,08155.697.84$63,384
Jun 200507,59352.337.38$56,044
May 200507,58345.226.65$50,436
Apr 200507,30649.207.36$53,776
Mar 200508,40250.377.15$60,115
Feb 200507,44845.226.31$47,011
Jan 200508,14343.166.32$51,482
Dec 200408,94039.866.75$60,355
Nov 200408,85645.286.33$56,062
Oct 200408,97949.706.52$58,499
Sep 200408,66643.245.28$45,790
Aug 200409,13342.375.55$50,694
Jul 200407,77538.286.08$47,305
Jun 20041218,95636.106.43$61,982
May 2004010,51437.486.49$68,284
Apr 200409,81334.475.86$57,489
Mar 2004010,05134.365.53$55,583
Feb 2004010,37532.455.51$57,162
Jan 2004011,23532.036.30$70,776
Dec 2003011,55730.266.30$72,828
Nov 2003011,91428.804.60$54,747
Oct 200306,90428.174.76$32,861
Sep 200307,83126.314.75$37,192
Aug 200309,65329.765.13$49,517
Jul 2003010,02029.415.17$51,812
Jun 200309,81228.565.98$58,705
May 200307,05326.595.97$42,125
Apr 200305,17426.675.41$27,977
Mar 2003011,29431.146.10$68,849
Feb 200309,23233.487.93$73,172
Jan 200315711,98030.315.58$71,632
Dec 2002012,31626.914.85$59,779
Nov 2002011,69524.664.14$48,382
Oct 2002012,29226.464.23$51,984
Sep 2002012,16727.443.64$44,229
Aug 2002015,23625.963.16$48,209
Jul 2002016,04324.583.06$49,120
Jun 2002012,37923.733.34$41,324
May 2002015,16624.663.58$54,355
Apr 2002019,78423.653.51$69,488
Mar 2002021,42322.003.10$66,470
Feb 2002019,81118.222.38$47,065
Jan 200214522,59417.172.38$56,166
Dec 2001022,07616.932.36$52,196
Nov 2001018,67518.072.41$44,923
Oct 2001021,18119.782.53$53,564
Sep 2001518,45424.262.25$41,667
Aug 2001020,59724.873.05$62,886
Jul 2001026,55823.933.20$84,908
Jun 20018620,91924.563.82$82,110
May 2001011,92425.524.31$51,360
Apr 20010024.685.34$0
Mar 200102,05024.545.38$11,022
Feb 200103,71027.755.77$21,396
Jan 200104,19227.478.40$35,208
Dec 200003,85326.889.12$35,149
Nov 200003,28532.215.66$18,587
Oct 200023,94031.235.15$20,336
Sep 200003,56431.875.19$18,485
Aug 200013,88429.644.54$17,666
Jul 200084,68328.534.09$19,381
Jun 2000104,60429.304.40$20,538
May 200004,65627.263.68$17,133
Apr 200004,50024.513.12$14,022
Mar 200004,95028.422.86$14,156
Feb 200004,99927.622.73$13,630
Jan 200005,52025.272.48$13,692
Dec 199906,37824.282.42$15,458
Nov 199986,36123.192.43$15,668
Oct 1999997,99720.982.80$24,498
Sep 1999612,37921.752.62$32,549
Aug 1999013,77019.262.88$39,597
Jul 1999086317.892.37$2,047
Jun 199901,73115.942.36$4,089
May 199901,86015.792.32$4,317
Apr 199901,83515.102.21$4,052
Mar 199901,92412.471.84$3,537
Feb 199901,8189.981.82$3,305
Jan 199901,71510.381.90$3,258
Dec 199801,7819.201.77$3,158
Nov 199802,02010.892.19$4,415
Oct 199802,19912.421.97$4,330
Sep 199802,20612.592.08$4,594
Aug 199802,14911.301.91$4,099
Jul 199802,48211.742.24$5,553
Jun 199802,46111.242.24$5,506
May 199802,63012.622.21$5,803
Apr 199802,62713.042.51$6,582
Mar 199802,83212.802.31$6,540
Feb 199802,77113.952.30$6,371
Jan 199803,25714.702.15$7,018
Dec 199703,26816.322.41$7,879
Nov 199703,55418.193.09$10,976
Oct 199703,92319.253.15$12,357
Sep 199703,94517.742.95$11,657
Aug 199704,65517.862.55$11,892
Jul 199705,17817.582.25$11,635
Jun 199705,53117.242.26$12,485
May 199707,23318.972.31$16,697
Apr 199706,17817.882.08$12,867
Mar 199705,15918.951.94$10,004
Feb 199705,37920.492.21$11,866
Jan 199705,91523.483.54$20,937
Dec 199605,56323.32$0
Nov 199606,35921.97$0
Oct 199606,47423.31$0
Sep 199607,15022.22$0
Aug 199607,27720.26$0
Jul 199607,92319.55$0
Jun 19961007,66618.73$1,873
May 199608,25119.43$0
Apr 199608,59121.51$0
Mar 199609,03019.38$0
Feb 1996011,35516.98$0
Jan 199608,69617.07$0
Dec 199507,22817.19$0
Nov 1995012,60516.00$0
Oct 199502,57115.43$0
Sep 1995010,11616.18$0
Aug 1995012,89915.92$0
Jul 1995014,79815.24$0
Jun 199510515,36416.41$1,723
May 1995012,09317.56$0
Apr 199505,48917.73$0
Mar 199505,63116.44$0
Feb 199503,10816.58$0
Jan 199506,98115.92$0
Dec 1994019,88915.03$0
Nov 199402,89615.90$0
Oct 1994012,54815.58$0
Sep 199404,85715.29$0
Aug 1994022,02116.13$0
Jul 1994021,95417.56$0
Jun 199410527,49117.09$1,794
May 1994010,49315.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 1993021715.03$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                  982 Mcf  × $  3.05 =     $2,991

────────────────────────────────────────────────────
Month total                                   $2,991

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. 09/G/147132 is the state's own key, not one this site invented.