SHEPPARD, M. O.

Operated by 4-SIGHT OPERATING COMPANY, LTD. (P-5 403077) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6026District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$2.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$58 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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition63,254 bbl$2,553,237
Casinghead gasProduction53,057 Mcf$162,263
Total$2,715,500

11,585 Mcf of this lease's gas, across 48 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.

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 202616317498.932.87$16,625
Mar 2026015889.753.15$498
Feb 202617110863.503.75$11,264
Jan 202607359.138.00$584
Dec 20251578156.664.41$9,253
Nov 202509258.593.93$361
Oct 20251418859.383.30$8,663
Sep 202502462.743.08$74
Aug 2025013063.933.01$392
Jul 202514012766.743.32$9,765
Jun 2025012666.483.13$394
May 202516510660.553.23$10,333
Apr 2025015962.363.54$563
Mar 202516912967.704.27$11,992
Feb 2025011270.884.34$486
Jan 202515411874.324.28$11,950
Dec 2024017168.993.12$534
Nov 202414816969.052.20$10,591
Oct 202415911671.372.28$11,612
Sep 2024016569.612.36$390
Aug 2024010975.632.06$225
Jul 20241436479.932.15$11,567
Jun 2024010378.082.63$271
May 202413810778.812.20$11,111
Apr 202412611684.451.66$10,833
Mar 202413611380.301.55$11,095
Feb 202409576.091.78$169
Jan 20241561673.023.30$11,444
Dec 2023011971.262.61$311
Nov 202314613277.892.81$11,743
Oct 202314015085.443.09$12,425
Sep 202314218089.042.74$13,136
Aug 202314217980.522.67$11,912
Jul 2023017974.852.64$473
Jun 202314112468.962.26$10,003
May 202316816870.622.23$12,238
Apr 20231426078.122.24$11,227
Mar 202306272.852.39$148
Feb 202316216575.112.47$12,575
Jan 2023010476.533.39$352
Dec 20221684176.415.73$13,072
Nov 2022011285.005.65$632
Oct 202215511087.185.86$14,158
Sep 202215313684.888.16$14,097
Aug 20220394.529.13$27
Jul 20220163101.587.54$1,229
Jun 2022145163115.097.98$17,988
May 2022142150109.378.43$16,796
Apr 2022153150104.226.84$16,971
Mar 2022144153108.885.08$16,455
Feb 202208191.054.86$394
Jan 20220081.844.54$0
Dec 202114313771.323.90$10,733
Nov 20211588777.435.24$12,690
Oct 202115815279.795.71$13,475
Sep 2021010869.865.35$578
Aug 202106766.024.22$283
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20211664957.805.55$9,867
Jan 202104150.412.81$115
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200336.972.48$7
Sep 20200437.091.99$8
Aug 20200039.982.39$0
Jul 202009238.371.83$168
Jun 20200034.901.69$0
May 202004016.921.81$73
Apr 202015311214.751.80$2,459
Mar 202012019130.341.86$3,995
Feb 202013317549.881.98$6,981
Jan 2020015457.252.09$323
Dec 201916213459.012.30$9,868
Nov 201913713455.302.75$7,945
Oct 20191267853.472.42$6,926
Sep 20191259655.052.66$7,136
Aug 201913110853.112.30$7,206
Jul 2019012156.272.46$298
Jun 201912713152.782.49$7,029
May 20191396158.482.74$8,296
Apr 201912610362.632.75$8,175
Mar 201912613456.803.06$7,567
Feb 201909350.852.79$260
Jan 201912714546.033.23$6,314
Dec 201812210046.594.19$6,103
Nov 201813310052.934.24$7,463
Oct 201811910061.443.40$7,651
Sep 201811610059.543.11$7,217
Aug 201813312059.403.07$8,268
Jul 201812813365.142.93$8,728
Jun 2018017160.183.08$526
May 201812819265.382.90$8,926
Apr 201811915463.842.90$8,044
Mar 20181187861.222.79$7,441
Feb 20181279461.782.77$8,106
Jan 20181295462.874.01$8,327
Dec 201705757.272.92$167
Nov 201713212855.423.12$7,715
Oct 201708049.292.98$239
Sep 20170047.523.09$0
Aug 2017015245.373.00$457
Jul 2017013343.873.09$411
Jun 201711617942.493.09$5,481
May 201713030845.373.26$6,903
Apr 201713723847.933.21$7,331
Mar 2017013846.772.98$412
Feb 201714011750.452.95$7,408
Jan 2017011149.413.42$379
Dec 201627110248.763.72$13,594
Nov 201612011942.492.64$5,413
Oct 2016020346.193.09$627
Sep 201615219041.553.10$6,905
Aug 201615718841.442.92$7,056
Jul 201611920841.622.92$5,561
Jun 201612723145.352.69$6,380
May 201612722042.521.99$5,838
Apr 201612624836.561.99$5,100
Mar 201613321733.011.79$4,780
Feb 201623322426.472.06$6,630
Jan 201612523327.352.36$3,970
Dec 2015021932.362.00$438
Nov 201515729138.792.17$6,721
Oct 201513725243.552.43$6,578
Sep 201512624442.992.76$6,090
Aug 201512722940.162.87$5,758
Jul 201510727348.152.95$5,956
Jun 201513326656.152.88$8,235
May 201514426555.212.96$8,733
Apr 201513918149.822.71$7,415
Mar 201514417742.892.93$6,696
Feb 2015021544.662.98$640
Jan 201513523543.433.10$6,592
Dec 201413125654.693.59$8,084
Nov 201413722370.464.25$10,601
Oct 201412926978.303.90$11,150
Sep 201413326586.164.05$12,531
Aug 201413027989.394.04$12,747
Jul 201414027296.564.18$14,655
Jun 201413625998.164.74$14,577
May 201413526994.734.73$14,060
Apr 201416222895.944.81$16,639
Mar 201408895.895.06$445
Feb 201413021297.406.19$13,975
Jan 201414418190.404.86$13,897
Dec 201314822391.824.35$14,560
Nov 201316123788.853.74$15,191
Oct 201315124397.423.78$15,629
Sep 2013137151104.113.72$14,824
Aug 2013144235104.253.52$15,840
Jul 20130259102.523.72$963
Jun 201314023594.403.93$14,140
May 201313633394.834.15$14,279
Apr 201313827693.964.28$14,148
Mar 201317518293.623.91$17,096
Feb 201315120591.233.42$14,477
Jan 201314622191.603.42$14,129
Dec 2012019386.773.42$660
Nov 201209186.953.62$330
Oct 201218218089.383.40$16,879
Sep 201217919094.672.92$17,500
Aug 2012018692.662.91$541
Jul 201213528685.133.02$12,357
Jun 201213718779.822.52$11,406
May 201214026891.612.49$13,492
Apr 2012137285101.652.00$14,495
Mar 2012152201105.052.22$16,414
Feb 2012126226101.102.57$13,319
Jan 201212929798.092.73$13,466
Dec 201114126796.873.24$14,524
Nov 201113721795.723.31$13,832
Oct 201113223284.983.65$12,064
Sep 201115023783.623.99$13,488
Aug 2011020683.404.15$855
Jul 201112425494.144.52$12,821
Jun 201114622592.904.64$14,607
May 201116215898.134.40$16,593
Apr 2011143200105.964.33$16,019
Mar 201113921596.364.06$14,266
Feb 2011027385.644.18$1,141
Jan 201113928986.504.59$13,350
Dec 201011823585.734.35$11,138
Nov 201013222180.843.80$11,510
Oct 201014020478.103.51$11,650
Sep 201013719272.633.98$10,714
Aug 201014117473.684.42$11,158
Jul 201014522472.554.74$11,581
Jun 2010022770.364.91$1,115
May 201012521771.124.24$9,809
Apr 201016613881.694.12$14,129
Mar 201014715378.394.39$12,195
Feb 201015410273.585.44$11,886
Jan 201014211874.365.96$11,263
Dec 200917014871.445.48$12,956
Nov 20091628274.593.75$12,391
Oct 200906372.544.11$259
Sep 200914917565.543.06$10,302
Aug 200914621767.423.22$10,542
Jul 200916313861.133.46$10,442
Jun 200914710366.163.90$10,127
May 200917010654.743.93$9,722
Apr 20091528746.773.59$7,421
Mar 20091608042.144.06$7,067
Feb 20091779132.814.63$6,229
Jan 200916610835.865.37$6,533
Dec 20081726337.105.98$6,758
Nov 200801155.496.86$75
Oct 20081728875.246.92$13,550
Sep 2008072101.767.88$567
Aug 200815398114.228.48$18,307
Jul 2008160108131.0811.39$22,203
Jun 2008140108131.3313.03$19,794
May 2008157105123.1711.57$20,553
Apr 200815782110.3110.45$18,176
Mar 2008064101.909.66$619
Feb 20081446392.538.77$13,877
Jan 20081765490.388.21$16,350
Dec 20071476388.337.30$13,445
Nov 200704591.677.29$328
Oct 20071627482.856.92$13,934
Sep 20071628475.846.24$12,811
Aug 20071587969.066.39$11,416
Jul 20071637970.906.39$12,061
Jun 200706862.007.55$513
May 20071793058.747.85$10,750
Apr 20071626059.617.81$10,125
Mar 200706156.927.30$445
Feb 20071737555.108.22$10,149
Jan 20071637150.306.73$8,677
Dec 20061717556.656.92$10,206
Nov 200606554.207.62$495
Oct 20061416154.906.01$8,108
Sep 20061393260.085.04$8,512
Aug 20061406368.717.34$10,082
Jul 200606069.376.34$381
Jun 20061435966.286.38$9,855
May 20061365866.016.42$9,350
Apr 20061456264.397.36$9,793
Mar 20061399456.707.08$8,547
Feb 20061076257.597.75$6,643
Jan 20061369160.598.93$9,053
Dec 200507754.9413.42$1,033
Nov 20051417554.6910.59$8,505
Oct 20051447658.3413.80$9,449
Sep 20051416861.4512.08$9,486
Aug 20051408061.519.80$9,395
Jul 20051405355.697.84$8,212
Jun 200505852.337.38$428
May 20051424945.226.65$6,747
Apr 20051505649.207.36$7,792
Mar 20051595750.377.15$8,417
Feb 200505845.226.31$366
Jan 20051526143.166.32$6,946
Dec 20041395239.866.75$5,892
Nov 20041417445.286.33$6,853
Oct 200404849.706.52$313
Sep 20041405743.245.28$6,355
Aug 20041404842.375.55$6,198
Jul 200401738.286.08$103
Jun 20041283136.106.43$4,820
May 200403937.486.49$253
Apr 20041355134.475.86$4,952
Mar 20041405634.365.53$5,120
Feb 20041455232.455.51$4,992
Jan 200405932.036.30$372
Dec 200304030.266.30$252
Nov 200304028.804.60$184
Oct 20031695728.174.76$5,032
Sep 20031706626.314.75$4,786
Aug 200307429.765.13$380
Jul 20031697729.415.17$5,368
Jun 200306528.565.98$389
May 20031696526.595.97$4,882
Apr 20031696426.675.41$4,853
Mar 200307431.146.10$451
Feb 20031765933.487.93$6,360
Jan 200305730.315.58$318
Dec 20021745026.914.85$4,925
Nov 200203724.664.14$153
Oct 20021435426.464.23$4,012
Sep 200206127.443.64$222
Aug 20021356825.963.16$3,720
Jul 20021376424.583.06$3,563
Jun 20021506623.733.34$3,780
May 200206324.663.58$226
Apr 20021506123.653.51$3,762
Mar 20021626822.003.10$3,775
Feb 200205418.222.38$128
Jan 20021473817.172.38$2,614
Dec 200103416.932.36$80
Nov 20011203218.072.41$2,245
Oct 20011206719.782.53$2,543
Sep 20011436324.262.25$3,611
Aug 20011287224.873.05$3,403
Jul 200107523.933.20$240
Jun 20011596724.563.82$4,161
May 200106025.524.31$258
Apr 20011597124.685.34$4,303
Mar 20011606824.545.38$4,292
Feb 200106827.755.77$392
Jan 20011695727.478.40$5,121
Dec 200002826.889.12$255
Nov 20001386032.215.66$4,784
Oct 20001538731.235.15$5,226
Sep 20001668631.875.19$5,736
Aug 200009629.644.54$436
Jul 200016311728.534.09$5,129
Jun 20001619829.304.40$5,148
May 200009327.263.68$342
Apr 20001559424.513.12$4,092
Mar 20001568128.422.86$4,665
Feb 20001667427.622.73$4,787
Jan 200008325.272.48$206
Dec 19991717824.282.42$4,341
Nov 19991577123.192.43$3,814
Oct 19991588720.982.80$3,559
Sep 199908221.752.62$215
Aug 19991619019.262.88$3,360
Jul 19991728017.892.37$3,267
Jun 19991635515.942.36$2,728
May 199906615.792.32$153
Apr 19991657115.102.21$2,648
Mar 19991668312.471.84$2,223
Feb 1999159579.981.82$1,690
Jan 199908010.381.90$152
Dec 1998160469.201.77$1,554
Nov 19981546310.892.19$1,815
Oct 19981557512.421.97$2,073
Sep 19981608112.592.08$2,183
Aug 199815511311.301.91$1,967
Jul 19981589211.742.24$2,061
Jun 19981687011.242.24$2,045
May 19981497812.622.21$2,052
Apr 19981546813.042.51$2,179
Mar 199816410212.802.31$2,335
Feb 19981488713.952.30$2,265
Jan 199816510314.702.15$2,647
Dec 19971667716.322.41$2,895
Nov 19971717218.193.09$3,333
Oct 19971677519.253.15$3,451
Sep 19971618917.742.95$3,119
Aug 19971497917.862.55$2,863
Jul 19973219417.582.25$5,854
Jun 19971619117.242.26$2,981
May 19971639018.972.31$3,300
Apr 19973207817.882.08$5,884
Mar 19971578118.951.94$3,132
Feb 19971476220.492.21$3,149
Jan 19971759723.483.54$4,452
Dec 199633010223.32$7,696
Nov 19961828221.97$3,999
Oct 19961668923.31$3,869
Sep 19961569722.22$3,466
Aug 199631610320.26$6,402
Jul 19961599819.55$3,108
Jun 19962315718.73$4,327
May 19962327419.43$4,508
Apr 19961177121.51$2,517
Mar 199612813619.38$2,481
Feb 199614520616.98$2,462
Jan 199628621517.07$4,882
Dec 199516522617.19$2,836
Nov 199518919516.00$3,024
Oct 199524418215.43$3,765
Sep 199513517016.18$2,184
Aug 199533220115.92$5,285
Jul 199527919615.24$4,252
Jun 199529818916.41$4,890
May 199533919617.56$5,953
Apr 199531014517.73$5,496
Mar 199540017116.44$6,576
Feb 199533017016.58$5,471
Jan 199528118915.92$4,474
Dec 199440020215.03$6,012
Nov 199439817715.90$6,328
Oct 199439719215.58$6,185
Sep 199475818715.29$11,590
Aug 199463220416.13$10,194
Jul 199458619317.56$10,290
Jun 199461616417.09$10,527
May 199467019715.88$10,640
Apr 199465820214.14$9,304
Mar 199478622812.46$9,794
Feb 199468518012.50$8,563
Jan 199475515912.66$9,558
Dec 199378518412.33$9,679
Nov 199381814414.49$11,853
Oct 199384127915.85$13,330
Sep 199357330915.03$8,612
Aug 199395663115.66$14,971
Jul 19931,01464315.46$15,676
Jun 19931,08366816.79$18,184
May 19931,06869417.68$18,882
Apr 19931,14660018.05$20,685
Mar 19931,34555418.14$24,398
Feb 19931,10651417.90$19,797
Jan 19931,35352016.93$22,906

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.

Apr 2026 — as filed, then multipliedworked
Oil                  163 bbl  × $ 98.93 =    $16,126
Casinghead gas       174 Mcf  × $  2.87 =       $499

────────────────────────────────────────────────────
Month total                                  $16,625

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. 6E/O/6026 is the state's own key, not one this site invented.