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Texas oil lease

Producing

SHEPPARD, M. O.

Sheppard, M. O. is an oil lease in Gregg County, Texas, operated by Basa Resources, Inc. in the East Texas field.

69 wells

10,645bbl oil, last 12 months+25% vs prior year
Operator
Basa Resources, Inc.
County
Gregg County
Field
East Texas
RRC lease
6E-06846

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Where it sits

This county

Gregg CountyGreggPanolaUpshurCassWoodMorrisHopkinsSmithRuskHarrisonMarionCampGregg County
Gregg County
Gas, last 12 months
6,518 mcf
Oil in Jul 2026
852 bbl

Production by month

Oil output rose 25% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 25% over the last 12 monthsMonthly oil production and gas for SHEPPARD, M. O., Aug 2023 to Jul 2026. Oil output rose 25% over the last 12 months. 10,645 bbl in the 12 months through Jul 2026, against 8,500 bbl in the 12 months before.Last 12 months: 10,645 bblbbl per monthmcf per month002502005004007506001,0008001,2501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 25% over the last 12 monthsMonthly oil production and gas for SHEPPARD, M. O., Aug 2023 to Jul 2026. Oil output rose 25% over the last 12 months. 10,645 bbl in the 12 months through Jul 2026, against 8,500 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502005004007506001,0008001,2501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of SHEPPARD, M. O. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of SHEPPARD, M. O. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

69 wells on this lease

Wells on SHEPPARD, M. O.
API numberWell no.Status
42-183-0202155Active
42-183-0202256Active
42-183-0202357Active
42-183-0202459Active
42-183-0202560Active
42-183-0202662Active
42-183-0202763Active
42-183-0202864Active
42-183-0202965Active
42-183-0203066Active
42-183-0203167Active
42-183-020321Active
42-183-020332Active
42-183-020343Active
42-183-020354Active
42-183-020365Active
42-183-020376Active
42-183-020387Active
42-183-020398Active
42-183-020409Active
42-183-0204211Active
42-183-0204312Active
42-183-0204413Active
42-183-0204514Active
42-183-0204615Active
42-183-0204716Active
42-183-0204817Active
42-183-0204918Active
42-183-0205019Shut-in
42-183-0205120Active
42-183-0205221Active
42-183-0205322Active
42-183-0205423Active
42-183-0205524Active
42-183-0205625Active
42-183-0205726Active
42-183-0205827Active
42-183-0205928Active
42-183-0206029Active
42-183-0206130Active
42-183-0206231Active
42-183-0206332Active
42-183-0206433Active
42-183-0206534Active
42-183-0206635Active
42-183-0206736Active
42-183-0206837Shut-in
42-183-0206938Active
42-183-0207039Shut-in
42-183-0207140Active
42-183-0207241Shut-in
42-183-0207344Active
42-183-0207443Active
42-183-0207542Active
42-183-0207649Shut-in
42-183-0207750Active
42-183-0207851Active
42-183-0207952Active
42-183-0208045Active
42-183-0208146Active
42-183-0208247Shut-in
42-183-0208348Active
42-183-0208453Active
42-183-0208554Active
42-183-0225610Active
42-183-0275161Active
42-183-0275258Active
42-183-3079168Active
42-183-3081369Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers90Apr 1, 2025–
Plains Marketing, L.p.OilGathers10Apr 1, 2025–
Jge Gas Solutions, LPCasinghead gasBuys100Jul 1, 2021–
Jge Gas Solutions, LPCasinghead gasGathers100Jul 1, 2021–
Plains Marketing, L.p.OilGathers100Feb 1, 2015Apr 1, 2025
American Midstream Gas Sltns, LPCasinghead gasGathers100Jan 1, 2016Jul 1, 2021
American Midstream Gas Sltns, LPCasinghead gasBuys100Jan 1, 2016Jul 1, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

335 acres on the newest permit

  • Good to know

    69 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Sheppard, M. O.
API numberWell no.Acreson the permit
42-183-3081369335
42-183-3079168335
42-183-0202155–
42-183-0202256–
42-183-0202357–
42-183-0202459–
42-183-0202560–
42-183-0202662–
42-183-0202763–
42-183-0202864–
42-183-0202965–
42-183-0203066–

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for SHEPPARD, M. O.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026852820000$80.46$2.89
Jun 2026885950000$84.81$3.15
May 2026897894000$102.13$2.94
Apr 20268427258128120$100.32$2.77
Mar 20269141,0709839830$91.38$3.04
Feb 20266996476746740$64.51$3.62
Jan 20261,0481,1506126120$60.04$7.72
Dec 20258788957677670$57.97$4.26
Nov 20259727937047040$60.06$3.79
Oct 20258189566006000$60.89$3.19
Sep 20259167756506500$63.96$2.97
Aug 20259241,1287167160$64.86$2.91
Jul 20258177336796790$68.39$3.20
Jun 20258148126596590$68.17$3.02
May 20251,0301,1517057050$62.17$3.12
Apr 20259526236096090$63.54$3.42
Mar 20258439696456450$68.24$4.12
Feb 20255594551631630$71.53$4.19
Jan 20254505401411410$75.74$4.13
Dec 20246656715465460$70.12$3.01
Nov 20245415534394390$69.95$2.12
Oct 20245936044984980$71.99$2.20
Sep 20245815225245240$70.24$2.28
Aug 20246556116186180$76.68$1.99
Jul 20244283463833830$81.80$2.07
Jun 20243283502632630$79.77$2.54
May 20243614661651650$80.02$2.12
Apr 20244184564284280$85.35$1.60
Mar 20245346504704700$81.28$1.49
Feb 20245344404764760$77.25$1.72
Jan 20244864447287280$74.15$3.18
Dec 20236565541071070$71.90$2.52
Nov 20235857951021020$77.69$2.71
Oct 20236195225965960$85.64$2.98
Sep 20235315097167160$89.43$2.64
Aug 20236356868238230$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorBasa Resources, Inc.FieldEast TexasCountyGregg County

Basa Resources, Inc. in Gregg County

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East Texas field

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