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Texas gas well

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SHEPARD A STATE UNIT

Shepard A State Unit is a gas well in Culberson County, Texas, operated by Cog Operating LLC in the Sandbar (Bone Spring) field.

1 well

781mcf gas, last 12 months−84% vs prior year
RRC lease
08-278643

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Where it sits

This county

Culberson CountyCulbersonCulberson County
Culberson County
Gas in Jul 2026
0 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 84% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 84% over the last 12 monthsMonthly gas production for SHEPARD A STATE UNIT, Aug 2023 to Jul 2026. Gas output fell 84% over the last 12 months. 781 mcf in the 12 months through Jul 2026, against 4,929 mcf in the 12 months before.Last 12 months: 781 mcfmcf per month0200400600800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 84% over the last 12 monthsMonthly gas production for SHEPARD A STATE UNIT, Aug 2023 to Jul 2026. Gas output fell 84% over the last 12 months. 781 mcf in the 12 months through Jul 2026, against 4,929 mcf in the 12 months before.Last 12 monthsmcf per month0200400600800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of SHEPARD A STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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 processing plant in the last 12 monthsShare of SHEPARD A STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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.

1 well on this lease

Wells on SHEPARD A STATE UNIT
API numberWell no.Status
42-109-32610802HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCCondensateGathers100May 1, 2026–
Delaware Basin Midstream LLCGas-well gasBuys100May 1, 2023–
Delaware Basin Midstream LLCGas-well gasGathers100May 1, 2023–
Energy Trans Crude Marketing LLCCondensateGathers50Apr 28, 2026May 1, 2026
Plains Pipeline L.p.CondensateGathers50Apr 28, 2026May 1, 2026
Plains Pipeline L.p.CondensateGathers100Feb 1, 2017Apr 28, 2026
Delaware Basin Midstream, LLCGas-well gasGathers100Dec 31, 2013May 1, 2023
Delaware Basin Midstream, LLCGas-well gasBuys100Dec 31, 2013May 1, 2023

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

160 acres on the newest permit

Permits for Shepard A State Unit
API numberWell no.Acreson the permit
42-109-32610802H160

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

What ConocoPhillips told investors it received

Cog Operating LLC is linked to ConocoPhillips (COP).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing
Q3 2024$76.77SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for SHEPARD A STATE UNIT
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026000$80.46$2.89
Jun 2026000$84.81$3.15
May 2026000$102.13$2.94
Apr 2026000$100.32$2.77
Mar 2026000$91.38$3.04
Feb 2026000$64.51$3.62
Jan 2026660$60.04$7.72
Dec 2025000$57.97$4.26
Nov 2025000$60.06$3.79
Oct 202550500$60.89$3.19
Sep 20253833830$63.96$2.97
Aug 20253423420$64.86$2.91
Jul 20253893890$68.39$3.20
Jun 20254434430$68.17$3.02
May 20254074070$62.17$3.12
Apr 20254414410$63.54$3.42
Mar 20254624620$68.24$4.12
Feb 20253823820$71.53$4.19
Jan 20253203200$75.74$4.13
Dec 20243913910$70.12$3.01
Nov 20244774770$69.95$2.12
Oct 20245135130$71.99$2.20
Sep 20243873870$70.24$2.28
Aug 20243173170$76.68$1.99
Jul 20241321320$81.80$2.07
Jun 20242232230$79.77$2.54
May 202451510$80.02$2.12
Apr 202441410$85.35$1.60
Mar 202461610$81.28$1.49
Feb 202443430$77.25$1.72
Jan 202484840$74.15$3.18
Dec 20231931930$71.90$2.52
Nov 202322220$77.69$2.71
Oct 202368680$85.64$2.98
Sep 20232052050$89.43$2.64
Aug 20232322320$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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