SHEPARD

Operated by EAGLERIDGE OPERATING, LLC (P-5 238462) 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 197785District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Sep 2003 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
273
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 Gas112005-11-18166204
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
CondensateDisposition6,739 bbl$376,857
GasProduction272,183 Mcf$1,377,750
Total$1,754,606

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 33.3220, -97.3776. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.32202, -97.37764 · 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
8,606 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 8,606 ft.

Completions filed
Dec 2003
1 of 1 wells

1 well

42-1213207328,606 ftDec 2003

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 (273)

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

273 months

May 20260450106.413.05$1,371
Apr 2026045898.932.87$1,314
Mar 2026049889.753.15$1,568
Feb 2026047663.503.75$1,785
Jan 2026047259.138.00$3,775
Dec 2025043156.664.41$1,902
Nov 2025036858.593.93$1,445
Oct 2025034359.383.30$1,134
Sep 2025037762.743.08$1,160
Aug 2025041863.933.01$1,260
Jul 2025440666.743.32$1,613
Jun 2025039566.483.13$1,236
May 20255044760.553.23$4,472
Apr 2025044562.363.54$1,577
Mar 2025032667.704.27$1,391
Feb 2025045270.884.34$1,962
Jan 2025054674.324.28$2,336
Dec 2024044068.993.12$1,373
Nov 2024040069.052.20$879
Oct 2024037371.372.28$851
Sep 2024037469.612.36$884
Aug 2024030075.632.06$619
Jul 20244222879.932.15$3,846
Jun 2024035278.082.63$927
May 2024040178.812.20$882
Apr 2024036784.451.66$609
Mar 2024039080.301.55$603
Feb 2024038676.091.78$688
Jan 2024036173.023.30$1,190
Dec 2023028571.262.61$744
Nov 20234738777.892.81$4,747
Oct 2023037485.443.09$1,155
Sep 2023038589.042.74$1,053
Aug 2023043780.522.67$1,168
Jul 2023043274.852.64$1,141
Jun 2023038068.962.26$858
May 2023045270.622.23$1,007
Apr 2023047878.122.24$1,070
Mar 2023039472.852.39$943
Feb 2023029475.112.47$725
Jan 202312837376.533.39$11,059
Dec 2022035976.415.73$2,057
Nov 2022030285.005.65$1,705
Oct 2022040287.185.86$2,357
Sep 2022052984.888.16$4,319
Aug 2022052394.529.13$4,774
Jul 20220377101.587.54$2,843
Jun 20220444115.097.98$3,542
May 20220536109.378.43$4,520
Apr 20220536104.226.84$3,665
Mar 20220584108.885.08$2,965
Feb 2022049791.054.86$2,415
Jan 2022051981.844.54$2,355
Dec 2021053271.323.90$2,074
Nov 2021049277.435.24$2,577
Oct 2021052879.795.71$3,017
Sep 2021055869.865.35$2,986
Aug 2021049566.024.22$2,089
Jul 2021056270.783.98$2,238
Jun 2021057469.493.38$1,940
May 2021066563.483.02$2,007
Apr 202111662760.362.76$8,731
Mar 2021065661.302.72$1,782
Feb 2021048157.805.55$2,669
Jan 2021070050.412.81$1,967
Dec 2020063344.642.68$1,694
Nov 2020057838.772.71$1,564
Oct 2020053836.972.48$1,333
Sep 2020048137.091.99$958
Aug 2020055439.982.39$1,321
Jul 2020053338.371.83$973
Jun 2020055134.901.69$931
May 2020061216.921.81$1,111
Apr 20206362014.751.80$2,048
Mar 2020060730.341.86$1,127
Feb 2020059149.881.98$1,171
Jan 2020062457.252.09$1,307
Dec 2019066959.012.30$1,542
Nov 2019063855.302.75$1,755
Oct 2019061953.472.42$1,497
Sep 2019062855.052.66$1,669
Aug 2019052953.112.30$1,219
Jul 2019052356.272.46$1,287
Jun 2019055452.782.49$1,380
May 2019067658.482.74$1,852
Apr 201913241962.632.75$9,420
Mar 2019072756.803.06$2,226
Feb 2019064850.852.79$1,809
Jan 2019071846.033.23$2,318
Dec 2018071546.594.19$2,993
Nov 2018066652.934.24$2,822
Oct 2018068261.443.40$2,317
Sep 2018065959.543.11$2,048
Aug 2018067959.403.07$2,082
Jul 2018068565.142.93$2,008
Jun 2018053360.183.08$1,640
May 2018067965.382.90$1,970
Apr 2018061963.842.90$1,796
Mar 2018065561.222.79$1,825
Feb 2018066961.782.77$1,851
Jan 2018060362.874.01$2,418
Dec 2017061957.272.92$1,808
Nov 201770464255.423.12$41,018
Oct 2017064249.292.98$1,916
Sep 2017050547.523.09$1,559
Aug 2017052345.373.00$1,571
Jul 2017054143.873.09$1,670
Jun 2017048542.493.09$1,497
May 2017059045.373.26$1,925
Apr 20176959447.933.21$5,215
Mar 2017061246.772.98$1,826
Feb 2017060350.452.95$1,780
Jan 2017065149.413.42$2,226
Dec 2016060148.763.72$2,237
Nov 2016065642.492.64$1,735
Oct 2016045746.193.09$1,412
Sep 201611052041.553.10$6,183
Aug 2016011541.442.92$336
Jul 2016016841.622.92$491
Jun 2016049345.352.69$1,324
May 2016056742.521.99$1,129
Apr 2016069836.561.99$1,390
Mar 2016058033.011.79$1,041
Feb 2016059126.472.06$1,220
Jan 2016069627.352.36$1,646
Dec 2015068332.362.00$1,367
Nov 201519172038.792.17$8,969
Oct 2015061943.552.43$1,502
Sep 2015058042.992.76$1,600
Aug 2015060540.162.87$1,738
Jul 2015061348.152.95$1,805
Jun 2015056756.152.88$1,635
May 20156994755.212.96$6,608
Apr 2015066749.822.71$1,805
Mar 20152776842.892.93$3,412
Feb 20152130,04544.662.98$90,357
Jan 2015092243.433.10$2,859
Dec 2014082154.693.59$2,949
Nov 2014080570.464.25$3,423
Oct 2014084778.303.90$3,304
Sep 20147085486.164.05$9,486
Aug 2014090089.394.04$3,632
Jul 2014071096.564.18$2,968
Jun 2014054598.164.74$2,582
May 2014070094.734.73$3,309
Apr 2014069895.944.81$3,357
Mar 2014069595.895.06$3,514
Feb 2014081597.406.19$5,046
Jan 20144081590.404.86$7,577
Dec 2013079191.824.35$3,444
Nov 2013079088.853.74$2,953
Oct 2013092297.423.78$3,485
Sep 20130887104.113.72$3,298
Aug 201339912104.253.52$7,278
Jul 20130914102.523.72$3,398
Jun 2013088694.403.93$3,485
May 201316391494.834.15$19,250
Apr 2013045393.964.28$1,940
Mar 2013048493.623.91$1,894
Feb 2013044291.233.42$1,512
Jan 2013049491.603.42$1,689
Dec 2012046986.773.42$1,604
Nov 2012046986.953.62$1,700
Oct 2012094689.383.40$3,216
Sep 2012092894.672.92$2,708
Aug 201216298792.662.91$17,881
Jul 2012094785.133.02$2,861
Jun 2012088779.822.52$2,234
May 2012097691.612.49$2,429
Apr 20120957101.652.00$1,911
Mar 20120904105.052.22$2,009
Feb 20120851101.102.57$2,187
Jan 20124291398.092.73$6,616
Dec 2011086396.873.24$2,796
Nov 2011087195.723.31$2,884
Oct 2011087184.983.65$3,178
Sep 2011084383.623.99$3,360
Aug 2011087383.404.15$3,622
Jul 20119293794.144.52$12,894
Jun 2011091892.904.64$4,259
May 20118487698.134.40$12,102
Apr 20110864105.964.33$3,744
Mar 2011089896.364.06$3,643
Feb 2011085185.644.18$3,557
Jan 2011091486.504.59$4,194
Dec 2010095585.734.35$4,152
Nov 2010091680.843.80$3,477
Oct 2010095778.103.51$3,358
Sep 2010094772.633.98$3,769
Aug 2010087673.684.42$3,871
Jul 2010054472.554.74$2,577
Jun 2010058670.364.91$2,877
May 2010093471.124.24$3,956
Apr 2010062181.694.12$2,560
Mar 2010085178.394.39$3,735
Feb 2010088973.585.44$4,838
Jan 201017874874.365.96$17,697
Dec 2009087871.445.48$4,815
Nov 2009094274.593.75$3,534
Oct 2009096572.544.11$3,966
Sep 2009084165.543.06$2,577
Aug 2009063067.423.22$2,028
Jul 2009093961.133.46$3,253
Jun 2009078266.163.90$3,046
May 2009091954.743.93$3,608
Apr 2009096746.773.59$3,469
Mar 200901,03742.144.06$4,209
Feb 2009090332.814.63$4,184
Jan 200917296135.865.37$11,329
Dec 2008087737.105.98$5,242
Nov 2008088855.496.86$6,092
Oct 2008086675.246.92$5,994
Sep 20080683101.767.88$5,380
Aug 20080901114.228.48$7,643
Jul 20080971131.0811.39$11,059
Jun 20080953131.3313.03$12,420
May 200801,159123.1711.57$13,415
Apr 200801,127110.3110.45$11,783
Mar 200801,214101.909.66$11,732
Feb 200801,24792.538.77$10,937
Jan 20081791,31990.388.21$27,001
Dec 200701,40188.337.30$10,230
Nov 200701,11491.677.29$8,123
Oct 200701,27482.856.92$8,819
Sep 2007088775.846.24$5,539
Aug 2007088069.066.39$5,621
Jul 2007093070.906.39$5,941
Jun 20078790762.007.55$12,240
May 200701,28858.747.85$10,106
Apr 200701,34059.617.81$10,459
Mar 2007691,60656.927.30$15,654
Feb 200702,03255.108.22$16,695
Jan 200721,96850.306.73$13,339
Dec 20061661,77456.656.92$21,677
Nov 200601,72854.207.62$13,163
Oct 200601,85654.906.01$11,162
Sep 20061441,79460.085.04$17,688
Aug 200601,81668.717.34$13,329
Jul 2006311,97769.376.34$14,690
Jun 20061761,93766.286.38$24,031
May 200601,63966.016.42$10,531
Apr 2006801,35164.397.36$15,095
Mar 20061571,50156.707.08$19,533
Feb 200601,44957.597.75$11,231
Jan 2006651,67760.598.93$18,920
Dec 200501,66254.9413.42$22,296
Nov 2005551,60854.6910.59$20,034
Oct 200501,88958.3413.80$26,060
Sep 2005612,08861.4512.08$28,969
Aug 2005962,36961.519.80$29,114
Jul 2005412,58355.697.84$22,543
Jun 2005782,28452.337.38$20,940
May 20052612,43145.226.65$27,971
Apr 200502,47149.207.36$18,188
Mar 20051582,85550.377.15$28,386
Feb 20051642,52945.226.31$23,379
Jan 20051082,68843.166.32$21,655
Dec 20043212,73839.866.75$31,280
Nov 2004772,92545.286.33$22,003
Oct 20041522,57549.706.52$24,331
Sep 20041353,10643.245.28$22,249
Aug 20041433,92242.375.55$27,829
Jul 20045755,86038.286.08$57,664
Jun 20041654,74736.106.43$36,494
May 2004120637.486.49$1,375
Apr 2004072534.475.86$4,247
Mar 2004034334.365.53$1,897
Feb 2004085632.455.51$4,716
Jan 20041772,36732.036.30$20,581
Dec 200304,70230.266.30$29,630
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$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                  450 Mcf  × $  3.05 =     $1,371

────────────────────────────────────────────────────
Month total                                   $1,371

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/197785 is the state's own key, not one this site invented.