SHEPPARD, M. O.

Operated by BASA RESOURCES, INC. (P-5 53974) 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 6846District 6EField 27302001OilCasinghead gasSave
Value, all time
$40.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$779 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,637,735 bbl$39,592,889
Casinghead gasProduction742,594 Mcf$1,324,960
Total$40,917,849

396,398 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 20268940106.413.05$95,131
Apr 202672581298.932.87$74,054
Mar 20261,07098389.753.15$99,128
Feb 202664767463.503.75$43,612
Jan 20261,15061259.138.00$72,894
Dec 202589576756.664.41$54,096
Nov 202579370458.593.93$49,226
Oct 202595660059.383.30$58,750
Sep 202577565062.743.08$50,624
Aug 20251,12871663.933.01$74,272
Jul 202573367966.743.32$51,171
Jun 202581265966.483.13$56,044
May 20251,15170560.553.23$71,972
Apr 202562360962.363.54$41,008
Mar 202596964567.704.27$68,354
Feb 202545516370.884.34$32,958
Jan 202554014174.324.28$40,736
Dec 202467154668.993.12$47,997
Nov 202455343969.052.20$39,150
Oct 202460449871.372.28$44,244
Sep 202452252469.612.36$37,575
Aug 202461161875.632.06$47,485
Jul 202434638379.932.15$28,478
Jun 202435026378.082.63$28,021
May 202446616578.812.20$37,088
Apr 202445642884.451.66$39,219
Mar 202465047080.301.55$52,921
Feb 202444047676.091.78$34,329
Jan 202444472873.023.30$34,822
Dec 202355410771.262.61$39,757
Nov 202379510277.892.81$62,209
Oct 202352259685.443.09$46,440
Sep 202350971689.042.74$47,280
Aug 202368682380.522.67$57,437
Jul 202334861074.852.64$27,659
Jun 202353859868.962.26$38,451
May 202348154870.622.23$35,189
Apr 202351111478.122.24$40,174
Mar 20239108872.852.39$66,504
Feb 2023430075.112.47$32,297
Jan 20235003876.533.39$38,394
Dec 20227639376.415.73$58,834
Nov 20225399885.005.65$46,368
Oct 202271013987.185.86$62,713
Sep 202257823284.888.16$50,955
Aug 202279635794.529.13$78,496
Jul 2022501249101.587.54$52,770
Jun 2022658185115.097.98$77,205
May 2022410105109.378.43$45,727
Apr 2022568105104.226.84$59,915
Mar 2022529289108.885.08$59,065
Feb 202250527691.054.86$47,321
Jan 202236320181.844.54$30,620
Dec 202160131471.323.90$44,088
Nov 202142918577.435.24$34,186
Oct 202161029979.795.71$50,380
Sep 202161839569.865.35$45,287
Aug 202142141466.024.22$29,542
Jul 202151833870.783.98$38,010
Jun 202176827869.493.38$54,308
May 202149933863.483.02$32,696
Apr 202151234460.362.76$31,853
Mar 202168731661.302.72$42,972
Feb 202139628157.805.55$24,448
Jan 202168538650.412.81$35,616
Dec 202062842644.642.68$29,174
Nov 202049739138.772.71$20,327
Oct 202048739836.972.48$18,991
Sep 202074039937.091.99$28,241
Aug 202050843439.982.39$21,345
Jul 202075346538.371.83$29,741
Jun 202032842434.901.69$12,164
May 202045131516.921.81$8,203
Apr 20204975614.751.80$7,432
Mar 202075922430.341.86$23,444
Feb 202050715749.881.98$25,600
Jan 202076119657.252.09$43,978
Dec 201961431959.012.30$36,967
Nov 201959525955.302.75$33,616
Oct 201953528853.472.42$29,303
Sep 201963335555.052.66$35,790
Aug 201978131953.112.30$42,214
Jul 201968136356.272.46$39,213
Jun 201951947052.782.49$28,564
May 201926329058.482.74$16,175
Apr 201970037562.632.75$44,873
Mar 201962723756.803.06$36,339
Feb 201972919250.852.79$37,606
Jan 201953316746.033.23$25,073
Dec 201876215746.594.19$36,159
Nov 201852812252.934.24$28,464
Oct 201872113161.443.40$44,743
Sep 201863713159.543.11$38,334
Aug 201868818459.403.07$41,431
Jul 201853518265.142.93$35,384
Jun 201880217460.183.08$48,800
May 201880816765.382.90$53,311
Apr 20185528263.842.90$35,478
Mar 201879313661.222.79$48,926
Feb 201843012161.782.77$26,900
Jan 201883417162.874.01$53,119
Dec 201773616757.272.92$42,639
Nov 201754313055.423.12$30,498
Oct 201779615649.292.98$39,700
Sep 201770729747.523.09$34,514
Aug 201762233645.373.00$29,230
Jul 201787832743.873.09$39,527
Jun 201755638642.493.09$24,816
May 201763337345.373.26$29,936
Apr 201770723747.933.21$34,648
Mar 201772942446.772.98$35,360
Feb 201779734950.452.95$41,239
Jan 201762938149.413.42$32,381
Dec 201673943348.763.72$37,646
Nov 201682245842.492.64$36,138
Oct 201671835546.193.09$34,261
Sep 201678750241.553.10$34,256
Aug 201680949841.442.92$34,981
Jul 201670551341.622.92$30,842
Jun 201678625845.352.69$36,338
May 201680427442.521.99$34,732
Apr 201681831236.561.99$30,527
Mar 201691729633.011.79$30,801
Feb 201690324426.472.06$24,406
Jan 201673316027.352.36$20,426
Dec 201563129632.362.00$21,012
Nov 201571828138.792.17$28,460
Oct 201596638043.552.43$42,991
Sep 201580638842.992.76$35,720
Aug 201575639640.162.87$31,498
Jul 201590540248.152.95$44,760
Jun 201591337956.152.88$52,358
May 201570533055.212.96$39,898
Apr 20151,21555349.822.71$62,028
Mar 20151,04452842.892.93$46,327
Feb 20151,07140744.662.98$49,042
Jan 201588725943.433.10$39,325
Dec 201443310554.693.59$24,058
Nov 201435117470.464.25$25,471
Oct 201444322978.303.90$35,580
Sep 201444124686.164.05$38,992
Aug 201434917989.394.04$31,919
Jul 201433717596.564.18$33,272
Jun 201425115598.164.74$25,372
May 201451830094.734.73$50,488
Apr 201460326295.944.81$59,112
Mar 201455121795.895.06$53,933
Feb 201418716597.406.19$19,235
Jan 201443615890.404.86$40,182
Dec 201374120991.824.35$68,949
Nov 201331516888.853.74$28,616
Oct 201353018497.423.78$52,328
Sep 2013452264104.113.72$48,039
Aug 2013495282104.253.52$52,597
Jul 2013481275102.523.72$50,335
Jun 201356736894.403.93$54,972
May 201361840094.834.15$60,265
Apr 201361340893.964.28$59,345
Mar 201343431593.623.91$41,864
Feb 201353433391.233.42$49,856
Jan 201385639491.603.42$79,757
Dec 201233735386.773.42$30,449
Nov 201257535086.953.62$51,265
Oct 201266343989.383.40$60,751
Sep 201257546694.672.92$55,795
Aug 201272049492.662.91$68,152
Jul 201282553685.133.02$71,851
Jun 201271746179.822.52$58,392
May 201279034191.612.49$73,220
Apr 2012683308101.652.00$70,042
Mar 2012545420105.052.22$58,186
Feb 2012812455101.102.57$83,263
Jan 201266849998.092.73$66,888
Dec 20111,20648396.873.24$118,390
Nov 201179951295.723.31$78,176
Oct 201175653184.983.65$66,182
Sep 201187157483.623.99$75,121
Aug 201195469783.404.15$82,456
Jul 201195667194.144.52$93,029
Jun 201189358192.904.64$85,655
May 20111,07558598.134.40$108,067
Apr 2011839559105.964.33$91,323
Mar 20111,05651196.364.06$103,829
Feb 201195049285.644.18$83,415
Jan 201196252386.504.59$85,613
Dec 201084844485.734.35$74,629
Nov 201094453080.843.80$78,324
Oct 201095554578.103.51$76,498
Sep 201086259472.633.98$64,971
Aug 201066260473.684.42$51,445
Jul 201082564372.554.74$62,899
Jun 201066855970.364.91$49,745
May 201074061671.124.24$55,238
Apr 201060146881.694.12$51,025
Mar 201064344778.394.39$52,367
Feb 201039126673.585.44$30,217
Jan 20101,11255174.365.96$85,975
Dec 200995859671.445.48$71,708
Nov 200974744774.593.75$57,396
Oct 200951850672.544.11$39,656
Sep 200999463565.543.06$67,093
Aug 20091,07271967.423.22$74,588
Jul 20091,05168061.133.46$66,603
Jun 20091,17176366.163.90$80,445
May 200958644754.743.93$33,832
Apr 200993351846.773.59$45,495
Mar 20091,20472142.144.06$53,663
Feb 20091,02567132.814.63$36,739
Jan 200991943135.865.37$35,270
Dec 20081,37454937.105.98$54,257
Nov 200896457955.496.86$57,465
Oct 200843832075.246.92$35,170
Sep 20081,264451101.767.88$132,177
Aug 20081,224528114.228.48$144,284
Jul 20081,281546131.0811.39$174,132
Jun 20081,278490131.3313.03$174,226
May 20081,297511123.1711.57$165,666
Apr 2008894395110.3110.45$102,747
Mar 20081,209465101.909.66$127,691
Feb 20081,15549692.538.77$111,222
Jan 20081,41945590.388.21$131,983
Dec 20071,40643388.337.30$127,354
Nov 20071,25833291.677.29$117,742
Oct 20071,36737682.856.92$115,859
Sep 20071,32944775.846.24$103,583
Aug 20071,51046469.066.39$107,245
Jul 200798631770.906.39$71,932
Jun 20071,51544462.007.55$97,282
May 20071,54954558.747.85$95,264
Apr 20071,44646559.617.81$89,825
Mar 20071,39553856.927.30$83,332
Feb 20071,13443555.108.22$66,057
Jan 20071,33945750.306.73$70,426
Dec 20061,50941556.656.92$88,356
Nov 20061,47443654.207.62$83,212
Oct 20061,45739554.906.01$82,365
Sep 20061,47749960.085.04$91,252
Aug 20061,63653368.717.34$116,322
Jul 20061,72355469.376.34$123,038
Jun 20061,54456366.286.38$105,930
May 20061,72258066.016.42$117,396
Apr 20061,59855064.397.36$106,943
Mar 20061,68950756.707.08$99,357
Feb 20061,54638557.597.75$92,018
Jan 20061,82051160.598.93$114,839
Dec 20051,50346154.9413.42$88,759
Nov 20051,07557554.6910.59$64,880
Oct 20051,68698858.3413.80$111,991
Sep 20051,60784361.4512.08$108,933
Aug 20051,9571,14861.519.80$131,622
Jul 20051,86794355.697.84$111,370
Jun 20051,72496952.337.38$97,369
May 20052,02778545.226.65$96,882
Apr 20051,81182549.207.36$95,174
Mar 20051,9781,48050.377.15$110,221
Feb 20051,68667645.226.31$80,508
Jan 20052,22773443.166.32$100,758
Dec 20042,14179039.866.75$90,674
Nov 20041,86881745.286.33$89,755
Oct 20041,9611,31849.706.52$106,049
Sep 20041,7091,03543.245.28$79,366
Aug 20041,6101,19542.375.55$74,849
Jul 20041,8961,62438.286.08$82,460
Jun 20041,8711,30436.106.43$75,932
May 20047591,58137.486.49$38,715
Apr 20041,7001,61134.475.86$68,037
Mar 20041,9881,68234.365.53$77,609
Feb 20041,9191,52832.455.51$70,690
Jan 20042,4371,81332.036.30$89,478
Dec 20032,3171,55030.266.30$79,880
Nov 20032,2551,96028.804.60$73,951
Oct 20032,4292,12428.174.76$78,534
Sep 20032,0972,01926.314.75$64,761
Aug 20032,3832,18829.765.13$82,142
Jul 20032,6022,24429.415.17$88,128
Jun 20032,1632,24028.565.98$75,177
May 20032,6052,22726.595.97$82,568
Apr 20032,6102,03326.675.41$80,602
Mar 20032,4951,93931.146.10$89,515
Feb 20032,1791,58033.487.93$85,476
Jan 20032,3801,70830.315.58$81,672
Dec 20022,7751,94326.914.85$84,106
Nov 20022,7501,70524.664.14$74,869
Oct 20022,7022,01326.464.23$80,008
Sep 20022,7252,14727.443.64$82,579
Aug 20022,5543,24225.963.16$76,560
Jul 20022,6623,23124.583.06$75,325
Jun 20022,8043,02323.733.34$76,630
May 20022,6642,72624.663.58$75,464
Apr 20022,7962,65223.653.51$75,440
Mar 20023,0092,72322.003.10$74,647
Feb 20022,9322,22318.222.38$58,702
Jan 20023,0562,27517.172.38$57,876
Dec 20013,0501,76816.932.36$55,817
Nov 20013,1032,02618.072.41$60,945
Oct 20013,3142,33819.782.53$71,463
Sep 20013,3032,08924.262.25$84,834
Aug 20013,3732,63824.873.05$91,941
Jul 20013,5302,71123.933.20$93,140
Jun 20013,0472,04924.563.82$82,670
May 20012,9521,55025.524.31$82,011
Apr 20012,9711,77924.685.34$82,816
Mar 20012,2821,36324.545.38$63,328
Feb 20012,8751,68227.755.77$89,481
Jan 20013,0001,62627.478.40$96,066
Dec 20001,9091,01926.889.12$60,610
Nov 20003,6752,27832.215.66$131,261
Oct 20003,7162,75531.235.15$130,227
Sep 20003,9402,88131.875.19$140,510
Aug 20004,2973,36829.644.54$142,656
Jul 20004,1672,70628.534.09$129,951
Jun 20003,8982,44129.304.40$124,945
May 20004,5902,65327.263.68$134,886
Apr 20004,3392,43624.513.12$113,939
Mar 20004,3372,42328.422.86$130,187
Feb 20003,6671,86527.622.73$106,367
Jan 20003,8122,50725.272.48$102,548
Dec 19995,4142,34024.282.42$137,123
Nov 19994,5132,49223.192.43$110,722
Oct 19994,5552,51120.982.80$102,604
Sep 19994,4242,41921.752.62$102,557
Aug 19994,7542,77219.262.88$99,533
Jul 19994,7832,44217.892.37$91,361
Jun 19994,8512,44415.942.36$83,098
May 19994,8192,01215.792.32$80,762
Apr 19994,6262,12315.102.21$74,540
Mar 19995,1702,65912.471.84$69,358
Feb 19994,7912,5039.981.82$52,364
Jan 19995,4682,63410.381.90$61,762
Dec 19985,8232,7509.201.77$58,448
Nov 19985,2802,50510.892.19$62,974
Oct 19985,8322,68212.421.97$77,715
Sep 19985,5122,80712.592.08$75,242
Aug 19985,5763,02111.301.91$68,771
Jul 19986,3593,37811.742.24$82,212
Jun 19985,577111.242.24$62,688
May 19986,5244,01812.622.21$91,198
Apr 19986,5273,63613.042.51$94,221
Mar 19986,7453,94712.802.31$95,451
Feb 19986,3653,29413.952.30$96,365
Jan 19987,6313,68314.702.15$120,112
Dec 19977,3353,84816.322.41$128,985
Nov 19977,4153,81118.193.09$146,648
Oct 19976,8063,75719.253.15$142,849
Sep 19977,1674,10817.742.95$139,281
Aug 19977,5344,35217.862.55$145,675
Jul 19977,9034,65217.582.25$149,388
Jun 19978,0624,40517.242.26$148,932
May 19977,8874,42318.972.31$159,827
Apr 19978,3954,73517.882.08$159,965
Mar 19977,4864,24818.951.94$150,097
Feb 19977,5934,44720.492.21$165,390
Jan 19978,6694,81723.483.54$220,599
Dec 19968,5904,90123.32$200,319
Nov 19969,2854,80521.97$203,991
Oct 19969,5354,95223.31$222,261
Sep 19969,4215,16722.22$209,335
Aug 199610,2935,69420.26$208,536
Jul 199610,1435,66719.55$198,296
Jun 19969,6595,36718.73$180,913
May 199610,6405,62219.43$206,735
Apr 199610,3465,50621.51$222,542
Mar 199610,4465,39319.38$202,443
Feb 199610,1735,87316.98$172,738
Jan 199611,0855,74417.07$189,221
Dec 199511,5085,90117.19$197,823
Nov 199511,1175,79216.00$177,872
Oct 199512,6346,54915.43$194,943
Sep 199511,9225,97916.18$192,898
Aug 199513,3996,73015.92$213,312
Jul 199513,7676,69215.24$209,809
Jun 199514,3589,02116.41$235,615
May 199514,6906,52117.56$257,956
Apr 199515,6256,91117.73$277,031
Mar 199515,7276,35816.44$258,552
Feb 199514,4766,09816.58$240,012
Jan 199517,2296,09515.92$274,286
Dec 199417,3266,56315.03$260,410
Nov 199418,9187,62515.90$300,796
Oct 199420,0107,86015.58$311,756
Sep 199420,8568,18115.29$318,888
Aug 199422,6268,47016.13$364,957
Jul 199423,0159,14617.56$404,143
Jun 199424,0599,93217.09$411,168
May 199426,81810,54915.88$425,870
Apr 199427,12610,18714.14$383,562
Mar 199426,2729,10012.46$327,349
Feb 199426,03210,87912.50$325,400
Jan 199433,30710,87412.66$421,667
Dec 199336,47810,56712.33$449,774
Nov 199333,82810,86814.49$490,168
Oct 199334,82311,19915.85$551,945
Sep 199334,42311,60015.03$517,378
Aug 199340,06812,76615.66$627,465
Jul 199339,63712,95615.46$612,788
Jun 199340,23412,31116.79$675,529
May 199341,21016,05717.68$728,593
Apr 199339,93213,85218.05$720,773
Mar 199341,4035,90818.14$751,050
Feb 199337,58811,94317.90$672,825
Jan 199341,40713,66716.93$701,021

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
Oil                  894 bbl  × $106.41 =    $95,131
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $95,131

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/6846 is the state's own key, not one this site invented.