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Texas oil lease

Producing

SHEP 448

Shep 448 is an oil lease in Lipscomb County, Texas, operated by Presidio Petroleum LLC in the Lipscomb, S.e. (Cleveland) field.

2 wells

1,027bbl oil, last 12 months−4% vs prior year
RRC lease
10-07772

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Gas, last 12 months
27,126 mcf
Oil in Jul 2026
114 bbl

Production by month

Oil output fell 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for SHEP 448, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 1,027 bbl in the 12 months through Jul 2026, against 1,075 bbl in the 12 months before.Last 12 months: 1,027 bblbbl per monthmcf per month00501,0001002,0001503,0002004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for SHEP 448, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 1,027 bbl in the 12 months through Jul 2026, against 1,075 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00501,0001002,0001503,0002004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

86% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
86% of the gas went to a transmission line in the last 12 monthsShare of SHEP 448 gas by disposition code each month, Aug 2023 to Jul 2026. 86% 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
86% of the gas went to a transmission line in the last 12 monthsShare of SHEP 448 gas by disposition code each month, Aug 2023 to Jul 2026. 86% 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.

  • Transmission line (2)

    86% · 23,210 mcf

  • Lease fuel (1)

    14% · 3,916 mcf

2 wells on this lease

Wells on SHEP 448
API numberWell no.Status
42-295-331794HActive
42-295-332632HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers80Jan 1, 2023–
Kimrad Transport, LPOilGathers20Jan 1, 2023–
Dcp Operating Company, LPCasinghead gasBuys100Jan 1, 2023–
Dcp Operating Company, LPCasinghead gasGathers100Jan 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Oct 1, 2016Jan 1, 2023
Energy Transfer CompanyCasinghead gasBuys100Oct 1, 2016Jan 1, 2023
Eastex Crude CompanyOilGathers10Apr 1, 2020Jan 1, 2023
Kimrad Transport, LPOilGathers90Apr 1, 2020Jan 1, 2023
Eastex Crude CompanyOilGathers50Feb 1, 2019Apr 1, 2020
Kimrad Transport, LPOilGathers50Feb 1, 2019Apr 1, 2020

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

660.70 acres on the newest permit

Permits for Shep 448
API numberWell no.Acreson the permit
42-295-332632H660.70
42-295-331794H660.78

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for SHEP 448
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261143732,1001,7650$80.46$2.89
Jun 202611702,1361,8050$84.81$3.15
May 202614402,1401,7980$102.13$2.94
Apr 2026872212,2841,9530$100.32$2.77
Mar 20267102,4752,1410$91.38$3.04
Feb 20267202,0911,7820$64.51$3.62
Jan 20261101582,1591,8170$60.04$7.72
Dec 20257702,2361,8940$57.97$4.26
Nov 20255702,6362,3290$60.06$3.79
Oct 20253002,6982,4010$60.89$3.19
Sep 2025321781,9241,6200$63.96$2.97
Aug 202511602,2471,9050$64.86$2.91
Jul 20251221592,3882,0630$68.39$3.20
Jun 20251363632,2231,9100$68.17$3.02
May 20251261832,3682,0290$62.17$3.12
Apr 20258801,8741,5490$63.54$3.42
Mar 20259402,0121,6740$68.24$4.12
Feb 20255701,5271,2780$71.53$4.19
Jan 2025721302,1511,8500$75.74$4.13
Dec 2024651702,0711,7290$70.12$3.01
Nov 20244701,8791,5710$69.95$2.12
Oct 202474422,0311,7040$71.99$2.20
Sep 20246601,8621,5310$70.24$2.28
Aug 20241281601,7731,4640$76.68$1.99
Jul 20241152142,0001,6580$81.80$2.07
Jun 202412701,8451,5140$79.77$2.54
May 20241602102,0441,7020$80.02$2.12
Apr 20241651602,0161,6850$85.35$1.60
Mar 20241381612,1101,7680$81.28$1.49
Feb 20241411501,8401,5200$77.25$1.72
Jan 202410101,9941,6850$74.15$3.18
Dec 20231211581,7501,4080$71.90$2.52
Nov 20231082051,7191,3880$77.69$2.71
Oct 202311401,6841,3420$85.64$2.98
Sep 20231001511,7391,4080$89.43$2.64
Aug 20231211581,8981,5560$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Presidio Petroleum LLC in Lipscomb County

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Lipscomb, S.e. (Cleveland) field

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