SHEPHERD-STAR

Operated by SOUTHERN TEJAS ASSET GROUP LLC (P-5 905376) 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 203317District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Jun 2004 – May 2026
Value, last 12 filed months
$115 k
at the published price for each month
Months reported
264
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 Gas112006-10-02164780
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
CondensateDisposition12,820 bbl$862,166
GasProduction1,532,102 Mcf$8,414,565
Total$9,276,731

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 33.0505, -97.6018. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.05053, -97.60184 · 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
6,797 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 6,797 ft.

Completions filed
Jun 2004
1 of 1 wells

1 well

42-497355671H6,797 ftJun 2004

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 (264)

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

264 months

May 202601,771106.413.05$5,394
Apr 202603,28898.932.87$9,436
Mar 2026080689.753.15$2,538
Feb 20261821,91563.503.75$18,739
Jan 202601,72259.138.00$13,772
Dec 202503,05956.664.41$13,500
Nov 202502,59158.593.93$10,173
Oct 202502,52959.383.30$8,358
Sep 202502,42762.743.08$7,468
Aug 202502,55963.933.01$7,715
Jul 202502,86166.743.32$9,485
Jun 202502,70066.483.13$8,448
May 202504,82160.553.23$15,583
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025040070.884.34$1,736
Jan 202502,60374.324.28$11,137
Dec 202403,17068.993.12$9,895
Nov 202402,81569.052.20$6,189
Oct 202402,22971.372.28$5,085
Sep 202402,83569.612.36$6,703
Aug 202402,73875.632.06$5,650
Jul 202402,73979.932.15$5,880
Jun 202402,63878.082.63$6,948
May 202402,70078.812.20$5,936
Apr 202402,61984.451.66$4,345
Mar 202402,68180.301.55$4,142
Feb 202402,82376.091.78$5,035
Jan 202402,37273.023.30$7,822
Dec 202303,17071.262.61$8,276
Nov 202302,89877.892.81$8,136
Oct 202302,82985.443.09$8,734
Sep 202302,83689.042.74$7,757
Aug 202302,77880.522.67$7,425
Jul 202302,68774.852.64$7,099
Jun 202302,91468.962.26$6,581
May 20231302,50670.622.23$14,762
Apr 202301,63678.122.24$3,661
Mar 202302,08172.852.39$4,980
Feb 202302,58275.112.47$6,366
Jan 202303,16576.533.39$10,722
Dec 202203,10676.415.73$17,795
Nov 202202,98585.005.65$16,854
Oct 202203,17587.185.86$18,617
Sep 202203,33684.888.16$27,234
Aug 20221583,12194.529.13$43,420
Jul 202203,622101.587.54$27,317
Jun 202203,510115.097.98$28,000
May 202203,292109.378.43$27,762
Apr 202203,424104.226.84$23,412
Mar 202203,374108.885.08$17,128
Feb 20221763,03491.054.86$30,767
Jan 202203,56081.844.54$16,154
Dec 202103,73571.323.90$14,563
Nov 202103,45477.435.24$18,088
Oct 202103,72279.795.71$21,267
Sep 202103,74769.865.35$20,050
Aug 202103,84166.024.22$16,211
Jul 202103,83270.783.98$15,259
Jun 20211273,38169.493.38$20,255
May 202103,91363.483.02$11,808
Apr 202103,96360.362.76$10,932
Mar 20211163,79361.302.72$17,416
Feb 202102,87557.805.55$15,950
Jan 202103,68950.412.81$10,367
Dec 202003,68944.642.68$9,870
Nov 202003,30938.772.71$8,956
Oct 20201493,16236.972.48$13,345
Sep 202002,94237.091.99$5,858
Aug 202003,55239.982.39$8,472
Jul 202003,11738.371.83$5,689
Jun 202003,05234.901.69$5,159
May 202003,31616.921.81$6,018
Apr 202003,13014.751.80$5,648
Mar 202003,53130.341.86$6,554
Feb 202003,31249.881.98$6,560
Jan 202004,30957.252.09$9,026
Dec 201905,03659.012.30$11,605
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 201904,03655.052.66$10,725
Aug 201902,77753.112.30$6,399
Jul 201902,77756.272.46$6,832
Jun 201904,18852.782.49$10,433
May 20190058.482.74$0
Apr 201903,88362.632.75$10,681
Mar 201904,62156.803.06$14,150
Feb 201904,35950.852.79$12,171
Jan 201904,29346.033.23$13,859
Dec 201803,98846.594.19$16,692
Nov 201804,40752.934.24$18,674
Oct 201804,52961.443.40$15,390
Sep 201804,37959.543.11$13,610
Aug 201804,57459.403.07$14,026
Jul 201804,59365.142.93$13,466
Jun 201804,52060.183.08$13,908
May 201804,80065.382.90$13,924
Apr 201804,47863.842.90$12,990
Mar 201804,66161.222.79$12,989
Feb 201804,17961.782.77$11,560
Jan 201804,80562.874.01$19,265
Dec 201704,88657.272.92$14,275
Nov 201704,95655.423.12$15,455
Oct 201704,95649.292.98$14,787
Sep 201704,71647.523.09$14,560
Aug 201705,38145.373.00$16,167
Jul 201705,54643.873.09$17,122
Jun 20171325,10542.493.09$21,369
May 201704,96945.373.26$16,216
Apr 201705,53847.933.21$17,786
Mar 201706,12946.772.98$18,287
Feb 201705,48750.452.95$16,201
Jan 20171545,99749.413.42$28,112
Dec 201606,27948.763.72$23,376
Nov 201606,66542.492.64$17,625
Oct 201606,22546.193.09$19,237
Sep 20161306,75641.553.10$26,349
Aug 201607,55241.442.92$22,085
Jul 201607,83041.622.92$22,898
Jun 201604,16545.352.69$11,186
May 201604,34442.521.99$8,649
Apr 20161184,24136.561.99$12,758
Mar 201604,50233.011.79$8,077
Feb 201604,13726.472.06$8,537
Jan 20161294,34827.352.36$13,808
Dec 201504,43432.362.00$8,874
Nov 201504,35838.792.17$9,445
Oct 20151595,95643.552.43$21,377
Sep 201504,56442.992.76$12,589
Aug 201504,15840.162.87$11,944
Jul 201504,14148.152.95$12,196
Jun 201504,14156.152.88$11,938
May 201504,62555.212.96$13,669
Apr 201504,33949.822.71$11,744
Mar 20151834,28042.892.93$20,409
Feb 201504,09744.662.98$12,193
Jan 201504,63543.433.10$14,371
Dec 20141204,49354.693.59$22,699
Nov 201404,57670.464.25$19,456
Oct 201404,84778.303.90$18,908
Sep 201405,79286.164.05$23,431
Aug 20141204,28989.394.04$28,033
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201404,15894.734.73$19,653
Apr 201404,63995.944.81$22,310
Mar 201404,92595.895.06$24,905
Feb 20142614,94497.406.19$56,035
Jan 201403,95290.404.86$19,210
Dec 201303,77291.824.35$16,425
Nov 201303,16088.853.74$11,813
Oct 201303,66797.423.78$13,859
Sep 201304,197104.113.72$15,603
Aug 201304,996104.253.52$17,599
Jul 20131544,200102.523.72$31,403
Jun 201304,27094.403.93$16,796
May 201304,89994.834.15$20,326
Apr 20131563,46393.964.28$29,488
Mar 201304,69493.623.91$18,367
Feb 201304,30491.233.42$14,719
Jan 20131834,88491.603.42$33,466
Dec 201201,19286.773.42$4,077
Nov 201201,57786.953.62$5,717
Oct 20121972,77389.383.40$27,035
Sep 201202,53994.672.92$7,410
Aug 2012067992.662.91$1,975
Jul 201204,35485.133.02$13,153
Jun 201204,12779.822.52$10,396
May 20121954,19991.612.49$28,312
Apr 201204,238101.652.00$8,462
Mar 20121974,269105.052.22$30,181
Feb 201203,956101.102.57$10,168
Jan 201204,57498.092.73$12,506
Dec 201104,27296.873.24$13,840
Nov 20111804,15495.723.31$30,985
Oct 201104,69084.983.65$17,112
Sep 201104,39483.623.99$17,514
Aug 20111924,64383.404.15$35,278
Jul 201104,74294.144.52$21,421
Jun 201103,29492.904.64$15,284
May 201104,33798.134.40$19,104
Apr 201103,957105.964.33$17,147
Mar 20111904,66496.364.06$37,232
Feb 201104,17285.644.18$17,439
Jan 201104,32086.504.59$19,824
Dec 20101894,39085.734.35$35,290
Nov 201014,59180.843.80$17,505
Oct 20101964,92078.103.51$32,571
Sep 201005,15872.633.98$20,526
Aug 201005,51573.684.42$24,373
Jul 20101935,51272.554.74$40,110
Jun 201005,30770.364.91$26,059
May 201005,70071.124.24$24,141
Apr 201015,65581.694.12$23,396
Mar 201025,92578.394.39$26,160
Feb 201005,41273.585.44$29,454
Jan 20101985,48574.365.96$47,436
Dec 200905,73771.445.48$31,460
Nov 200906,14374.593.75$23,045
Oct 20091677,18572.544.11$41,646
Sep 200904,91565.543.06$15,063
Aug 200904,91767.423.22$15,825
Jul 200909,32461.133.46$32,303
Jun 20091958,34066.163.90$45,386
May 200908,71454.743.93$34,209
Apr 20091917,82946.773.59$37,020
Mar 20092018,35242.144.06$42,371
Feb 200909,00932.814.63$41,739
Jan 200920210,08735.865.37$61,421
Dec 200820110,13137.105.98$68,012
Nov 2008010,08255.496.86$69,166
Oct 200819810,54375.246.92$87,876
Sep 20083949,434101.767.88$114,406
Aug 2008011,058114.228.48$93,805
Jul 2008011,009131.0811.39$125,386
Jun 2008010,371131.3313.03$135,161
May 2008010,635123.1711.57$123,093
Apr 200815910,219110.3110.45$124,378
Mar 200819611,093101.909.66$127,176
Feb 2008010,58692.538.77$92,845
Jan 200818611,28990.388.21$109,445
Dec 2007011,46888.337.30$83,739
Nov 200719610,99391.677.29$98,125
Oct 2007011,90582.856.92$82,406
Sep 200718911,74675.846.24$87,678
Aug 2007011,82669.066.39$75,544
Jul 2007012,67770.906.39$80,980
Jun 2007012,18662.007.55$91,985
May 2007011,82458.747.85$92,774
Apr 2007012,59459.617.81$98,299
Mar 200717813,70456.927.30$110,198
Feb 200719311,71455.108.22$106,877
Jan 2007014,48950.306.73$97,465
Dec 200613314,04056.656.92$104,669
Nov 200608,95454.207.62$68,207
Oct 2006014,90754.906.01$89,648
Sep 2006014,52560.085.04$73,165
Aug 200637315,52768.717.34$139,596
Jul 200617315,93269.376.34$113,054
Jun 200636816,34166.286.38$128,710
May 200619316,45666.016.42$118,470
Apr 200619716,51864.397.36$134,265
Mar 200618918,17756.707.08$139,463
Feb 200619814,87257.597.75$126,677
Jan 200656113,66060.598.93$156,020
Dec 200519814,69154.9413.42$207,964
Nov 200536414,80054.6910.59$176,615
Oct 2005015,46358.3413.80$213,324
Sep 200519415,59561.4512.08$200,293
Aug 200517520,84361.519.80$214,960
Jul 2005015,56355.697.84$122,071
Jun 20050052.337.38$0
May 200508,83145.226.65$58,736
Apr 2005011,09649.207.36$81,672
Mar 200518611,78550.377.15$93,689
Feb 200508,33745.226.31$52,622
Jan 20051792,04943.166.32$20,680
Dec 20043699,49239.866.75$78,790
Nov 2004014,67245.286.33$92,880
Oct 200418716,23149.706.52$115,040
Sep 200438115,96143.245.28$100,811
Aug 200418817,13342.375.55$103,065
Jul 2004015,69538.286.08$95,491
Jun 2004010,30236.106.43$66,273

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                1,771 Mcf  × $  3.05 =     $5,394

────────────────────────────────────────────────────
Month total                                   $5,394

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/203317 is the state's own key, not one this site invented.