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Texas gas well

Producing

SHEPARD

Shepard is a gas well in Denton County, Texas, operated by Eagleridge Operating, LLC in the Newark, East (Barnett Shale) field.

1 well

12,223mcf gas, last 12 months+1% vs prior year
RRC lease
09-198440

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Where it sits

This county

Denton CountyDentonWiseCollinCookeRockwallMontagueGraysonDenton County
Denton County
Oil, last 12 months
63 bbl
Gas in Jul 2026
1,142 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Eagleridge Operating, LLC took over from Sage Natural Resources LLC in Feb 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output held steady over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output held steady over the last 12 monthsMonthly gas production and oil for SHEPARD, Aug 2023 to Jul 2026. Gas output held steady over the last 12 months. 12,223 mcf in the 12 months through Jul 2026, against 12,062 mcf in the 12 months before.Last 12 months: 12,223 mcfmcf per monthbbl per month0050051,000101,500152,00020Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output held steady over the last 12 monthsMonthly gas production and oil for SHEPARD, Aug 2023 to Jul 2026. Gas output held steady over the last 12 months. 12,223 mcf in the 12 months through Jul 2026, against 12,062 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050051,000101,500152,00020Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plantShare of SHEPARD gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2025: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plantShare of SHEPARD gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2025 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Feb 25: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Feb 2025

Operators of this lease over timeSage Natural Resources LLC, Jan 2020 to Jan 2025; Eagleridge Operating, LLC, Feb 2025 to Jul 20262020202120222023202420252026Changed Feb 2025Sage Natural Resources LLCJan 2020 to Jan 2025Eagleridge Operating, LLCFeb 2025 to now
Operators of this lease over timeSage Natural Resources LLC, Jan 2020 to Jan 2025; Eagleridge Operating, LLC, Feb 2025 to Jul 20262020202120222023202420252026Changed Feb 2025Sage Natural Resources LLCJan 2020 to Jan 2025Eagleridge Operating, LLCFeb 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on SHEPARD
API numberWell no.Status
42-121-320811Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCCondensateGathers100Nov 1, 2023–
Targa Midstream Services LLCGas-well gasBuys100May 1, 2014–
Targa Midstream Services LLCGas-well gasGathers100Oct 1, 2011–
Gulfmark Energy, Inc.CondensateGathers100Dec 1, 2018Nov 1, 2023

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

133.39 acres on the newest permit

Permits for Shepard
API numberWell no.Acreson the permit
42-121-320811133.39

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

Estimate your royalty

36 months, newest first

Ledger for SHEPARD
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Eagleridge Operating,701,1421,1420$80.46$2.89
Jun 2026Eagleridge Operating,408118110$84.81$3.15
May 2026Eagleridge Operating,601,0481,0480$102.13$2.94
Apr 2026Eagleridge Operating,801,1731,1730$100.32$2.77
Mar 2026Eagleridge Operating,408048040$91.38$3.04
Feb 2026Eagleridge Operating,608678670$64.51$3.62
Jan 2026Eagleridge Operating,701,0551,0550$60.04$7.72
Dec 2025Eagleridge Operating,509949940$57.97$4.26
Nov 2025Eagleridge Operating,401,0341,0340$60.06$3.79
Oct 2025Eagleridge Operating,2751,2411,2410$60.89$3.19
Sep 2025Eagleridge Operating,701,0051,0050$63.96$2.97
Aug 2025Eagleridge Operating,301,0491,0490$64.86$2.91
Jul 2025Eagleridge Operating,901,2721,2720$68.39$3.20
Jun 2025Eagleridge Operating,409309300$68.17$3.02
May 2025Eagleridge Operating,506296290$62.17$3.12
Apr 2025Eagleridge Operating,401,0021,0020$63.54$3.42
Mar 2025Eagleridge Operating,309749740$68.24$4.12
Feb 2025Eagleridge Operating,501,0701,0700$71.53$4.19
Jan 2025Sage Natural601,1341,1340$75.74$4.13
Dec 2024Sage Natural801,1861,1860$70.12$3.01
Nov 2024Sage Natural608908900$69.95$2.12
Oct 2024Sage Natural601,0111,0110$71.99$2.20
Sep 2024Sage Natural301,0311,0310$70.24$2.28
Aug 2024Sage Natural509339330$76.68$1.99
Jul 2024Sage Natural9759459450$81.80$2.07
Jun 2024Sage Natural801,4511,4510$79.77$2.54
May 2024Sage Natural701,3751,3750$80.02$2.12
Apr 2024Sage Natural307707700$85.35$1.60
Mar 2024Sage Natural801,3441,3440$81.28$1.49
Feb 2024Sage Natural701,1291,1290$77.25$1.72
Jan 2024Sage Natural801,1181,1180$74.15$3.18
Dec 2023Sage Natural1001,6801,6800$71.90$2.52
Nov 2023Sage Natural1201,7401,7400$77.69$2.71
Oct 2023Sage Natural3694314310$85.64$2.98
Sep 2023Sage Natural901,6951,6950$89.43$2.64
Aug 2023Sage Natural1301,8821,8820$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

Eagleridge Operating, LLC in Denton County

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Newark, East (Barnett Shale) field

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