Shepard Unit

Oil & Gas Property in Lee County, TX

Property Summary

Key data points for Shepard Unit

CountyLee County, TX
Production DatesMay 1993 - Sep 2024
Total Oil Production6,904 BBLs
Total Gas Production569,610 MCF
Recent Oil Production10 BBLs in Aug 2024
Recent Gas Production627 MCF in Aug 2024
Wells on Property1

Our Valuation Estimates for Shepard Unit

ShaleAssessment

$2,652 *

MarketMultiple

$2,738 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Shepard Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Shepard Unit
from May 1993 to Sep 2024

Wells on Shepard Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-31862SHEPARD UNIT 1MAGNOLIA OIL & GAS OPERATING LLCProducingLee County, TX30.273262-96.729729

Leases included in Shepard Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-121428SHEPARD UNIT 1WCS OIL AND GAS CORPORATIONLee County, TX
03-145246SHEPARD UNIT 1MAGNOLIA OIL & GAS OPERATING LLCLee County, TX
03-18938SHEPARD UNITWCS OIL AND GAS CORPORATIONLee County, TX

Operators Associated With Shepard Unit

Nearby Properties

These are the closest 20 properties to the Shepard Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
CoraLee County, TX143 BBLs3,102 MCFSep 2024
Donna W. UnitLee County, TX90 BBLs449 MCFSep 2024
DorisLee County, TX0 BBLs0 MCFMar 2000
GanttLee County, TX16 BBLs1,057 MCFSep 2024
GerdesLee County, TX28 BBLs2,804 MCFSep 2024
Gerdes GarwoodLee County, TX175 BBLs4,100 MCFSep 2024
Gerdes-BredthauerLee County, TX33 BBLs100 MCFAug 2024
HarrellLee County, TX44 BBLs1,102 MCFSep 2024
Jensen, Ray EstateLee County, TX0 BBLs0 MCFDec 2023
Never LeeLee County, TX9 BBLs16 MCFSep 2024
Patricia UnitLee County, TX53 BBLs2,856 MCFSep 2024
RuthieLee County, TX22 BBLs1,916 MCFSep 2024
SharonLee County, TX0 BBLs406 MCFSep 2024
Stuermer-PlueckhahnLee County, TX0 BBLs0 MCFJul 2023
TishLee County, TX3 BBLs204 MCFSep 2024
TriggerLee County, TX2 BBLs1,785 MCFSep 2024
Two FingersLee County, TX111 BBLs6,033 MCFSep 2024
Watt-ColvinLee County, TX0 BBLs38 MCFSep 2024
WestbrookLee County, TX110 BBLs1,538 MCFSep 2024
Will, JessieLee County, TX290 BBLs3,020 MCFSep 2024

Owners of Shepard Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGSHEPARD UNIT #1MAGNOLIA OIL & GAS

Oil & Gas Sales on Shepard Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-145246SHEPARD UNIT 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jul 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Dec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Nov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Sep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Aug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jul 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jun 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1May 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Apr 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Mar 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Feb 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jan 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jan 20234J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Dec 2022MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Nov 2022MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Oct 2022MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Sep 2022MAGNOLIA OIL & GAS OPERATING LLC