SHEPHERD

Operated by JDL OPERATING, LLC (P-5 430590) in the PEDEN (MISS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26125District 09Field 70184500NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 11 leases and 14 wells, and the rule below applies to all of them.

Discovered
1978-02-21
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
OilDisposition49,485 bbl$2,169,918
Casinghead gasProduction5,181 Mcf$2,934
Total$2,172,852

4,260 Mcf of this lease's gas, across 47 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 33.6491, -98.2889. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.64912, -98.28892 · 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
5,978 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 5,978 ft.

Completions filed
Mar 1986
1 of 1 wells

1 well

42-0773396215,978 ftMar 1986

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026166063.503.75$10,541
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025170066.743.32$11,346
Jun 20255066.483.13$332
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024167071.372.28$11,919
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20245079.932.15$400
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024165080.301.55$13,250
Feb 20245076.091.78$380
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023164077.892.81$12,774
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20235074.852.64$374
Jun 2023167068.962.26$11,516
May 20230070.622.23$0
Apr 2023168078.122.24$13,124
Mar 20230072.852.39$0
Feb 2023171075.112.47$12,844
Jan 20230076.533.39$0
Dec 2022168076.415.73$12,837
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022161084.888.16$13,666
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221710108.885.08$18,618
Feb 20220091.054.86$0
Jan 2022166081.844.54$13,585
Dec 20210071.323.90$0
Nov 2021171077.435.24$13,241
Oct 20210079.795.71$0
Sep 2021171069.865.35$11,946
Aug 2021165066.024.22$10,893
Jul 2021161070.783.98$11,396
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021166060.362.76$10,020
Mar 2021163061.302.72$9,992
Feb 20210057.805.55$0
Jan 2021164050.412.81$8,267
Dec 2020161044.642.68$7,187
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020333037.091.99$12,351
Aug 20200039.982.39$0
Jul 2020170038.371.83$6,523
Jun 2020169034.901.69$5,898
May 20201016.921.81$17
Apr 20200014.751.80$0
Mar 2020168030.341.86$5,097
Feb 20200049.881.98$0
Jan 2020169057.252.09$9,675
Dec 20190059.012.30$0
Nov 2019168055.302.75$9,290
Oct 2019166053.472.42$8,876
Sep 20190055.052.66$0
Aug 2019170053.112.30$9,029
Jul 2019168056.272.46$9,453
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019171062.632.75$10,710
Mar 20190056.803.06$0
Feb 2019165050.852.79$8,390
Jan 2019164046.033.23$7,549
Dec 20180046.594.19$0
Nov 2018336052.934.24$17,784
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018166065.142.93$10,813
Jun 20180060.183.08$0
May 2018163065.382.90$10,657
Apr 2018171063.842.90$10,917
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018169062.874.01$10,625
Dec 2017175057.272.92$10,022
Nov 20170055.423.12$0
Oct 2017163049.292.98$8,034
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017168043.873.09$7,370
Jun 20170042.493.09$0
May 2017170045.373.26$7,713
Apr 20170047.933.21$0
Mar 2017171046.772.98$7,998
Feb 20170050.452.95$0
Jan 2017173049.413.42$8,548
Dec 20160048.763.72$0
Nov 2016166042.492.64$7,053
Oct 20160046.193.09$0
Sep 2016166041.553.10$6,897
Aug 20160041.442.92$0
Jul 2016170041.622.92$7,075
Jun 2016170045.352.69$7,710
May 20160042.521.99$0
Apr 2016170036.561.99$6,215
Mar 2016166033.011.79$5,480
Feb 20160026.472.06$0
Jan 20161027.352.36$27
Dec 2015167032.362.00$5,404
Nov 20150038.792.17$0
Oct 2015168043.552.43$7,316
Sep 20150042.992.76$0
Aug 2015169040.162.87$6,787
Jul 20150048.152.95$0
Jun 2015175056.152.88$9,826
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015166042.892.93$7,120
Feb 20150044.662.98$0
Jan 2015177043.433.10$7,687
Dec 2014175054.693.59$9,571
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014170086.164.05$14,647
Aug 2014168089.394.04$15,018
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014173094.734.73$16,388
Apr 2014176095.944.81$16,885
Mar 20140095.895.06$0
Feb 2014171097.406.19$16,655
Jan 20140090.404.86$0
Dec 2013176091.824.35$16,160
Nov 2013168088.853.74$14,927
Oct 20130097.423.78$0
Sep 20131720104.113.72$17,907
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013166094.834.15$15,742
Apr 2013175093.964.28$16,443
Mar 20130093.623.91$0
Feb 2013169091.233.42$15,418
Jan 2013173091.603.42$15,847
Dec 20120086.773.42$0
Nov 2012173086.953.62$15,042
Oct 2012171089.383.40$15,284
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012172085.133.02$14,642
Jun 2012172079.822.52$13,729
May 20120091.612.49$0
Apr 20121750101.652.00$17,789
Mar 201200105.052.22$0
Feb 20121720101.102.57$17,389
Jan 2012171098.092.73$16,773
Dec 20110096.873.24$0
Nov 2011173095.723.31$16,560
Oct 2011177084.983.65$15,041
Sep 20110083.623.99$0
Aug 2011168083.404.15$14,011
Jul 2011174094.144.52$16,380
Jun 20110092.904.64$0
May 2011180098.134.40$17,663
Apr 20111780105.964.33$18,861
Mar 20110096.364.06$0
Feb 2011169085.644.18$14,473
Jan 2011170086.504.59$14,705
Dec 20100085.734.35$0
Nov 2010176080.843.80$14,228
Oct 2010174078.103.51$13,589
Sep 20100072.633.98$0
Aug 2010175073.684.42$12,894
Jul 2010177072.554.74$12,841
Jun 2010171070.364.91$12,032
May 20100071.124.24$0
Apr 2010173081.694.12$14,132
Mar 2010174078.394.39$13,640
Feb 2010175073.585.44$12,877
Jan 20100074.365.96$0
Dec 2009176071.445.48$12,573
Nov 2009177074.593.75$13,202
Oct 20090072.544.11$0
Sep 2009177065.543.06$11,601
Aug 2009174067.423.22$11,731
Jul 20090061.133.46$0
Jun 2009179066.163.90$11,843
May 2009182054.743.93$9,963
Apr 2009172046.773.59$8,044
Mar 20090042.144.06$0
Feb 2009184032.814.63$6,037
Jan 2009176035.865.37$6,311
Dec 2008174037.105.98$6,455
Nov 20080055.496.86$0
Oct 2008175075.246.92$13,167
Sep 20081710101.767.88$17,401
Aug 20081760114.228.48$20,103
Jul 200800131.0811.39$0
Jun 20081750131.3313.03$22,983
May 20081720123.1711.57$21,185
Apr 20081780110.3110.45$19,635
Mar 200800101.909.66$0
Feb 2008175092.538.77$16,193
Jan 2008177090.388.21$15,997
Dec 2007182088.337.30$16,076
Nov 20070091.677.29$0
Oct 2007178082.856.92$14,747
Sep 2007180075.846.24$13,651
Aug 2007175069.066.39$12,086
Jul 2007172070.906.39$12,195
Jun 2007173062.007.55$10,726
May 20070058.747.85$0
Apr 2007170059.617.81$10,134
Mar 2007172056.927.30$9,790
Feb 20070055.108.22$0
Jan 2007179050.306.73$9,004
Dec 2006178056.656.92$10,084
Nov 2006178054.207.62$9,648
Oct 20060054.906.01$0
Sep 2006174060.085.04$10,454
Aug 2006172068.717.34$11,818
Jul 2006174069.376.34$12,070
Jun 20060066.286.38$0
May 2006170066.016.42$11,222
Apr 2006174064.397.36$11,204
Mar 2006176056.707.08$9,979
Feb 2006177057.597.75$10,193
Jan 2006176060.598.93$10,664
Dec 2005178054.9413.42$9,779
Nov 2005175054.6910.59$9,571
Oct 2005176058.3413.80$10,268
Sep 20050061.4512.08$0
Aug 2005182061.519.80$11,195
Jul 20050055.697.84$0
Jun 2005174052.337.38$9,105
May 2005179045.226.65$8,094
Apr 20050049.207.36$0
Mar 2005174050.377.15$8,764
Feb 2005175045.226.31$7,914
Jan 2005176043.166.32$7,596
Dec 2004176039.866.75$7,015
Nov 2004179045.286.33$8,105
Oct 2004161049.706.52$8,002
Sep 20040043.245.28$0
Aug 2004176042.375.55$7,457
Jul 2004175038.286.08$6,699
Jun 2004179036.106.43$6,462
May 2004178037.486.49$6,671
Apr 2004177034.475.86$6,101
Mar 2004175034.365.53$6,013
Feb 2004159032.455.51$5,160
Jan 20040032.036.30$0
Dec 2003180030.266.30$5,447
Nov 2003175028.804.60$5,040
Oct 2003178028.174.76$5,014
Sep 2003177026.314.75$4,657
Aug 2003172029.765.13$5,119
Jul 2003172029.415.17$5,059
Jun 2003171028.565.98$4,884
May 2003173026.595.97$4,600
Apr 2003175026.675.41$4,667
Mar 2003177031.146.10$5,512
Feb 2003176033.487.93$5,892
Jan 2003179030.315.58$5,425
Dec 2002182026.914.85$4,898
Nov 2002179024.664.14$4,414
Oct 2002158026.464.23$4,181
Sep 20021793527.443.64$5,039
Aug 2002171525.963.16$4,455
Jul 2002173024.583.06$4,252
Jun 2002166023.733.34$3,939
May 20020024.663.58$0
Apr 2002441023.653.51$10,430
Mar 20020022.003.10$0
Feb 2002150018.222.38$2,733
Jan 20020017.172.38$0
Dec 2001283016.932.36$4,791
Nov 20010018.072.41$0
Oct 2001175019.782.53$3,462
Sep 2001170024.262.25$4,124
Aug 2001174024.873.05$4,327
Jul 20011777923.933.20$4,488
Jun 20011667624.563.82$4,368
May 200117610025.524.31$4,922
Apr 20011686824.685.34$4,509
Mar 2001328024.545.38$8,049
Feb 2001173027.755.77$4,801
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000345032.215.66$11,112
Oct 20000031.235.15$0
Sep 2000181031.875.19$5,768
Aug 2000175629.644.54$5,214
Jul 20001734028.534.09$5,099
Jun 20003501729.304.40$10,330
May 20000527.263.68$18
Apr 20001741424.513.12$4,308
Mar 2000176028.422.86$5,002
Feb 2000167027.622.73$4,613
Jan 2000348525.272.48$8,806
Dec 199901724.282.42$41
Nov 1999179523.192.43$4,163
Oct 19993441020.982.80$7,245
Sep 199901321.752.62$34
Aug 19993382119.262.88$6,570
Jul 199901817.892.37$43
Jun 19993451015.942.36$5,523
May 19993491815.792.32$5,552
Apr 19991681015.102.21$2,559
Mar 1999163012.471.84$2,033
Feb 1999176459.981.82$1,838
Jan 19990010.381.90$0
Dec 199835149.201.77$3,236
Nov 19983451410.892.19$3,788
Oct 19980312.421.97$6
Sep 199805112.592.08$106
Aug 199801811.301.91$34
Jul 19983521611.742.24$4,168
Jun 19980711.242.24$16
May 1998325512.622.21$4,113
Apr 1998164713.042.51$2,156
Mar 1998165012.802.31$2,112
Feb 19980413.952.30$9
Jan 1998184014.702.15$2,705
Dec 19971811016.322.41$2,978
Nov 199701318.193.09$40
Oct 19973441119.253.15$6,657
Sep 199702917.742.95$86
Aug 1997183917.862.55$3,291
Jul 19971752917.582.25$3,142
Jun 19973582117.242.26$6,219
May 19971831518.972.31$3,506
Apr 19970017.882.08$0
Mar 1997345018.951.94$6,538
Feb 19971872720.492.21$3,891
Jan 19971641123.483.54$3,890
Dec 19961831223.32$4,268
Nov 1996186021.97$4,086
Oct 19961802923.31$4,196
Sep 19961666822.22$3,689
Aug 19961719020.26$3,464
Jul 19961828919.55$3,558
Jun 199607918.73$0
May 19963568119.43$6,917
Apr 199618210121.51$3,915
Mar 199617911019.38$3,469
Feb 199617910616.98$3,039
Jan 19963629417.07$6,179
Dec 199509117.19$0
Nov 199518812316.00$3,008
Oct 199536511615.43$5,632
Sep 1995010516.18$0
Aug 199538011815.92$6,050
Jul 199508815.24$0
Jun 199538810816.41$6,367
May 1995010417.56$0
Apr 199518610717.73$3,298
Mar 19953728816.44$6,116
Feb 199538610016.58$6,400
Jan 1995010115.92$0
Dec 199417210415.03$2,585
Nov 19943669115.90$5,819
Oct 19943568215.58$5,546
Sep 199408815.29$0
Aug 199409416.13$0
Jul 19945149317.56$9,026
Jun 199409217.09$0
May 19945509915.88$8,734
Apr 19941819114.14$2,559
Mar 19941859012.46$2,305
Feb 19941838112.50$2,288
Jan 199418910312.66$2,393
Dec 19931819912.33$2,232
Nov 19931749814.49$2,521
Oct 199318210615.85$2,885
Sep 19933498215.03$5,245
Aug 19931799315.66$2,803
Jul 19931768315.46$2,721
Jun 19931788016.79$2,989
May 199307117.68$0
Apr 19935428318.05$9,783
Mar 19931848418.14$3,338
Feb 19933727117.90$6,659
Jan 199309416.93$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.

Feb 2026 — as filed, then multipliedworked
Oil                  166 bbl  × $ 63.50 =    $10,541
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                  $10,541

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/O/26125 is the state's own key, not one this site invented.