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 174867District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Aug 1999 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
322
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 Gas111999-12-15141237
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
CondensateDisposition937 bbl$34,322
GasProduction1,294,710 Mcf$6,400,656
Total$6,434,977

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 33.0847, -97.5573. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.08466, -97.55729 · 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
no depth filed
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.

1 well

42-497343473

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 (322)

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

322 months

May 20260873106.413.05$2,659
Apr 2026080598.932.87$2,310
Mar 2026085589.753.15$2,693
Feb 2026075363.503.75$2,824
Jan 2026079259.138.00$6,334
Dec 2025072956.664.41$3,217
Nov 2025074958.593.93$2,941
Oct 2025078359.383.30$2,588
Sep 2025075562.743.08$2,323
Aug 2025077363.933.01$2,330
Jul 2025080866.743.32$2,679
Jun 2025081666.483.13$2,553
May 2025080360.553.23$2,596
Apr 2025084362.363.54$2,987
Mar 2025077867.704.27$3,321
Feb 2025065170.884.34$2,826
Jan 2025058174.324.28$2,486
Dec 2024074368.993.12$2,319
Nov 2024078769.052.20$1,730
Oct 2024094271.372.28$2,149
Sep 2024095869.612.36$2,265
Aug 202401,02875.632.06$2,121
Jul 202401,03779.932.15$2,226
Jun 2024097378.082.63$2,563
May 2024091778.812.20$2,016
Apr 2024084384.451.66$1,399
Mar 2024085680.301.55$1,323
Feb 2024081776.091.78$1,457
Jan 2024090973.023.30$2,998
Dec 2023092271.262.61$2,407
Nov 2023095077.892.81$2,667
Oct 202301,00685.443.09$3,106
Sep 202301,03489.042.74$2,828
Aug 202301,04280.522.67$2,785
Jul 202301,02774.852.64$2,713
Jun 2023095568.962.26$2,157
May 2023096270.622.23$2,143
Apr 2023096578.122.24$2,159
Mar 202301,00472.852.39$2,403
Feb 2023087975.112.47$2,167
Jan 202301,05576.533.39$3,574
Dec 202201,02176.415.73$5,849
Nov 2022092685.005.65$5,228
Oct 2022091587.185.86$5,365
Sep 2022087784.888.16$7,160
Aug 2022090194.529.13$8,224
Jul 20220914101.587.54$6,893
Jun 20220874115.097.98$6,972
May 20220902109.378.43$7,607
Apr 20220860104.226.84$5,880
Mar 20220891108.885.08$4,523
Feb 2022080091.054.86$3,887
Jan 2022090281.844.54$4,093
Dec 2021094671.323.90$3,689
Nov 2021093177.435.24$4,876
Oct 2021099779.795.71$5,697
Sep 2021095569.865.35$5,110
Aug 2021096366.024.22$4,064
Jul 202101,06170.783.98$4,225
Jun 2021069069.493.38$2,333
May 2021083963.483.02$2,532
Apr 2021082660.362.76$2,278
Mar 2021081561.302.72$2,214
Feb 2021081957.805.55$4,544
Jan 2021095250.412.81$2,675
Dec 2020095944.642.68$2,566
Nov 2020087838.772.71$2,376
Oct 2020099136.972.48$2,456
Sep 202001,00737.091.99$2,005
Aug 202001,11639.982.39$2,662
Jul 202001,11738.371.83$2,039
Jun 202001,09634.901.69$1,853
May 202001,12916.921.81$2,049
Apr 202001,06314.751.80$1,918
Mar 202001,11630.341.86$2,072
Feb 202001,11749.881.98$2,212
Jan 202001,25257.252.09$2,623
Dec 201901,23659.012.30$2,848
Nov 201901,24255.302.75$3,416
Oct 201901,32253.472.42$3,197
Sep 201901,29555.052.66$3,441
Aug 201901,36753.112.30$3,150
Jul 201901,34756.272.46$3,314
Jun 201901,31952.782.49$3,286
May 201901,26658.482.74$3,469
Apr 201901,27662.632.75$3,510
Mar 201901,11656.803.06$3,417
Feb 201901,05450.852.79$2,943
Jan 201901,20846.033.23$3,900
Dec 201801,19246.594.19$4,989
Nov 201801,12452.934.24$4,763
Oct 201801,14961.443.40$3,904
Sep 201801,13759.543.11$3,534
Aug 2018081359.403.07$2,493
Jul 2018097865.142.93$2,867
Jun 201801,03060.183.08$3,169
May 201801,17165.382.90$3,397
Apr 201801,08463.842.90$3,144
Mar 201801,10661.222.79$3,082
Feb 201801,00261.782.77$2,772
Jan 201801,17262.874.01$4,699
Dec 201701,28557.272.92$3,754
Nov 201701,30755.423.12$4,076
Oct 201701,35849.292.98$4,052
Sep 201701,36147.523.09$4,202
Aug 201701,54045.373.00$4,627
Jul 201701,53743.873.09$4,745
Jun 201701,47842.493.09$4,563
May 201701,50645.373.26$4,915
Apr 201701,34447.933.21$4,316
Mar 201701,49946.772.98$4,473
Feb 201701,34950.452.95$3,983
Jan 201701,47749.413.42$5,050
Dec 201601,82448.763.72$6,790
Nov 201601,99642.492.64$5,278
Oct 201601,58846.193.09$4,907
Sep 201601,41041.553.10$4,372
Aug 201601,39041.442.92$4,065
Jul 201601,29141.622.92$3,775
Jun 2016089845.352.69$2,412
May 201601,14442.521.99$2,278
Apr 201601,46836.561.99$2,923
Mar 201601,78933.011.79$3,209
Feb 201601,86926.472.06$3,857
Jan 201602,24627.352.36$5,310
Dec 201502,07732.362.00$4,157
Nov 201501,84738.792.17$4,003
Oct 201502,41743.552.43$5,865
Sep 201502,15742.992.76$5,950
Aug 201501,50140.162.87$4,312
Jul 201501,28048.152.95$3,770
Jun 201501,10256.152.88$3,177
May 201501,01155.212.96$2,988
Apr 2015099749.822.71$2,698
Mar 201501,45342.892.93$4,264
Feb 201501,93744.662.98$5,765
Jan 201502,97243.433.10$9,215
Dec 201403,52054.693.59$12,642
Nov 201403,49270.464.25$14,847
Oct 201403,09378.303.90$12,066
Sep 201402,41586.164.05$9,770
Aug 201402,45089.394.04$9,886
Jul 201402,10096.564.18$8,777
Jun 201401,85198.164.74$8,768
May 201402,20994.734.73$10,441
Apr 201403,26695.944.81$15,707
Mar 201403,93295.895.06$19,883
Feb 201403,82797.406.19$23,697
Jan 201404,40790.404.86$21,421
Dec 201304,49491.824.35$19,569
Nov 201314,12388.853.74$15,502
Oct 2013184,11597.423.78$17,306
Sep 201304,187104.113.72$15,566
Aug 201304,321104.253.52$15,221
Jul 201304,578102.523.72$17,020
Jun 201305,04894.403.93$19,856
May 2013010,53594.834.15$43,711
Apr 2013011,14793.964.28$47,738
Mar 201301,19493.623.91$4,672
Feb 201302,65591.233.42$9,080
Jan 201312,91691.603.42$10,064
Dec 201202,89486.773.42$9,898
Nov 201202,60586.953.62$9,443
Oct 201202,75689.383.40$9,370
Sep 201292,85194.672.92$9,172
Aug 201212,71992.662.91$8,000
Jul 2012282,85585.133.02$11,008
Jun 201202,57979.822.52$6,497
May 201202,83691.612.49$7,057
Apr 201203,050101.652.00$6,090
Mar 201203,360105.052.22$7,466
Feb 201203,138101.102.57$8,065
Jan 201203,52998.092.73$9,649
Dec 201103,75596.873.24$12,165
Nov 201103,25995.723.31$10,791
Oct 201103,51884.983.65$12,836
Sep 201103,35183.623.99$13,356
Aug 201102,88683.404.15$11,975
Jul 201103,18294.144.52$14,374
Jun 201103,00392.904.64$13,934
May 201102,80498.134.40$12,351
Apr 201103,219105.964.33$13,949
Mar 201103,42196.364.06$13,880
Feb 201102,92985.644.18$12,243
Jan 201103,11586.504.59$14,294
Dec 201002,94085.734.35$12,782
Nov 201002,41780.843.80$9,173
Oct 201003,22778.103.51$11,323
Sep 201003,55172.633.98$14,131
Aug 201003,48573.684.42$15,401
Jul 201003,47472.554.74$16,455
Jun 201003,34170.364.91$16,406
May 201003,14471.124.24$13,316
Apr 201003,39481.694.12$13,992
Mar 201003,48778.394.39$15,303
Feb 201004,96573.585.44$27,021
Jan 201003,78574.365.96$22,574
Dec 200903,83871.445.48$21,047
Nov 200903,73674.593.75$14,016
Oct 200903,62172.544.11$14,883
Sep 200903,63165.543.06$11,128
Aug 200903,87967.423.22$12,485
Jul 2009113,88561.133.46$14,132
Jun 200904,04366.163.90$15,747
May 200904,12154.743.93$16,178
Apr 200904,11246.773.59$14,752
Mar 200904,60042.144.06$18,671
Feb 200904,30732.814.63$19,954
Jan 200904,76835.865.37$25,609
Dec 200804,60937.105.98$27,549
Nov 200804,57555.496.86$31,386
Oct 200814,70375.246.92$32,629
Sep 200814,782101.767.88$37,770
Aug 200825,214114.228.48$44,459
Jul 200844,882131.0811.39$56,128
Jun 2008104,791131.3313.03$63,753
May 2008265,047123.1711.57$61,618
Apr 200804,935110.3110.45$51,595
Mar 200805,126101.909.66$49,538
Feb 200804,13392.538.77$36,249
Jan 200805,06290.388.21$41,537
Dec 200705,21888.337.30$38,102
Nov 200705,24391.677.29$38,230
Oct 200705,46682.856.92$37,836
Sep 200705,66275.846.24$35,354
Aug 200705,22369.066.39$33,364
Jul 200705,73470.906.39$36,628
Jun 200705,90062.007.55$44,536
May 200706,91358.747.85$54,241
Apr 200706,19859.617.81$48,377
Mar 200705,68756.927.30$41,526
Feb 200705,14355.108.22$42,255
Jan 200706,10250.306.73$41,047
Dec 200605,29756.656.92$36,647
Nov 200605,22954.207.62$39,832
Oct 200605,86054.906.01$35,241
Sep 200605,71260.085.04$28,772
Aug 200606,00568.717.34$44,076
Jul 200605,64369.376.34$35,792
Jun 200604,88166.286.38$31,160
May 200605,55566.016.42$35,691
Apr 200605,60364.397.36$41,241
Mar 200606,06356.707.08$42,944
Feb 200605,58157.597.75$43,259
Jan 200606,00760.598.93$53,662
Dec 200506,46454.9413.42$86,717
Nov 200506,61854.6910.59$70,074
Oct 200506,38758.3413.80$88,114
Sep 200506,14061.4512.08$74,165
Aug 200506,45761.519.80$63,258
Jul 200506,68355.697.84$52,419
Jun 200506,47352.337.38$47,777
May 200506,74245.226.65$44,842
Apr 200505,13249.207.36$37,774
Mar 200504,49250.377.15$32,140
Feb 200504,57345.226.31$28,864
Jan 200507,89843.166.32$49,933
Dec 200407,27439.866.75$49,107
Nov 200407,88845.286.33$49,934
Oct 200408,46049.706.52$55,118
Sep 200408,13243.245.28$42,969
Aug 200408,58642.375.55$47,658
Jul 200407,69438.286.08$46,812
Jun 200407,87036.106.43$50,628
May 200408,87237.486.49$57,620
Apr 20041478,45034.475.86$54,571
Mar 200409,51334.365.53$52,608
Feb 200409,26032.455.51$51,019
Jan 2004010,19332.036.30$64,212
Dec 200307,98730.266.30$50,331
Nov 200307,69228.804.60$35,346
Oct 200309,06928.174.76$43,165
Sep 200309,57326.314.75$45,466
Aug 2003010,26629.765.13$52,662
Jul 2003010,68329.415.17$55,240
Jun 2003011,89628.565.98$71,173
May 200313411,73526.595.97$73,652
Apr 200301,03926.675.41$5,618
Mar 200304,37031.146.10$26,640
Feb 200304,78133.487.93$37,894
Jan 200305,44930.315.58$30,417
Dec 200204,84226.914.85$23,502
Nov 200205,17724.664.14$21,417
Oct 200205,37026.464.23$22,710
Sep 200204,67527.443.64$16,995
Aug 200205,36525.963.16$16,976
Jul 200205,69924.583.06$17,449
Jun 200205,42223.733.34$18,100
May 200206,05224.663.58$21,690
Apr 200206,18423.653.51$21,720
Mar 200206,32622.003.10$19,628
Feb 200205,80618.222.38$13,793
Jan 200207,14817.172.38$16,981
Dec 200106,69516.932.36$15,830
Nov 200106,25618.072.41$15,049
Oct 200107,44319.782.53$18,822
Sep 200107,33524.262.25$16,513
Aug 200106,77224.873.05$20,676
Jul 200107,67923.933.20$24,550
Jun 2001958,86324.563.82$36,227
May 2001012,94925.524.31$55,775
Apr 2001010,51424.685.34$56,096
Mar 200108,87524.545.38$47,716
Feb 200107,93827.755.77$45,779
Jan 200115411,95627.478.40$104,646
Dec 2000011,27026.889.12$102,811
Nov 200009,70632.215.66$54,917
Oct 2000011,21631.235.15$57,712
Sep 2000010,05231.875.19$52,135
Aug 2000011,05429.644.54$50,193
Jul 2000011,23128.534.09$45,932
Jun 2000013,49429.304.40$59,336
May 2000015,03827.263.68$55,336
Apr 2000015,17424.513.12$47,282
Mar 200014616,96228.422.86$52,656
Feb 2000016,58527.622.73$45,219
Jan 2000518,80525.272.48$46,772
Dec 199914321,16924.282.42$54,780
Nov 1999023,95423.192.43$58,304
Oct 1999024,47620.982.80$68,624
Sep 1999014,48121.752.62$37,924
Aug 19990019.262.88$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                  873 Mcf  × $  3.05 =     $2,659

────────────────────────────────────────────────────
Month total                                   $2,659

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/174867 is the state's own key, not one this site invented.