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Texas oil lease

Producing

SHEPPARD, B. GAS UNIT 2

Sheppard, B. Gas Unit 2 is an oil lease in Rusk County, Texas, operated by Tgnr East Texas LLC in the Carthage (Travis Peak) field.

1 well

152bbl oil, last 12 months−91% vs prior year
Operator
Tgnr East Texas LLC
County
Rusk County
Field
Carthage (Travis Peak)
RRC lease
06-15941

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Where it sits

This county

Rusk CountyRuskPanolaGreggUpshurShelbySmithHarrisonCherokeeRusk County
Rusk County
Gas, last 12 months
13 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 11 months of state data (through Jul 2026).

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

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Production by month

Oil output fell 91% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 91% over the last 12 monthsMonthly oil production and gas for SHEPPARD, B. GAS UNIT 2, Aug 2023 to Jul 2026. Oil output fell 91% over the last 12 months. 152 bbl in the 12 months through Jul 2026, against 1,635 bbl in the 12 months before.Last 12 months: 152 bblbbl per monthmcf per month00200200400400600600800800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 91% over the last 12 monthsMonthly oil production and gas for SHEPPARD, B. GAS UNIT 2, Aug 2023 to Jul 2026. Oil output fell 91% over the last 12 months. 152 bbl in the 12 months through Jul 2026, against 1,635 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200200400400600600800800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2026 the lease's gas goes to a transmission line instead of a processing plant

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

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 686 mcf

  • Transmission line (2)

    0.4% · 3 mcf

1 well on this lease

Wells on SHEPPARD, B. GAS UNIT 2
API numberWell no.Status
42-401-332308TPActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Jan 1, 2023–
Tgnr East Texas LLCCasinghead gasBuys100Jan 1, 2023–
Tgnr East Texas LLCCasinghead gasGathers100Jun 15, 2022–
Kinder Morgan Tejas Pipeline LLCCasinghead gasBuys100Jun 15, 2022Jan 1, 2023
Eastex Crude CompanyOilGathers100Jun 15, 2022Jan 1, 2023

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

Who buys my oilOil price check

658.77 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • 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, B. Gas Unit 2
API numberWell no.Acreson the permit
42-401-332308TP658.77

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

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36 months, newest first

Ledger for SHEPPARD, B. GAS UNIT 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600330$84.81$3.15
May 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 202515217510100$64.86$2.91
Jul 202519317111110$68.39$3.20
Jun 202572172000$68.17$3.02
May 2025800000$62.17$3.12
Apr 202500660$63.54$3.42
Mar 202500000$68.24$4.12
Feb 2025320000$71.53$4.19
Jan 202500000$75.74$4.13
Dec 202400000$70.12$3.01
Nov 202414416934340$69.95$2.12
Oct 202433950692920$71.99$2.20
Sep 2024340337330$70.24$2.28
Aug 202443534217170$76.68$1.99
Jul 2024210139000$81.80$2.07
Jun 202482174000$79.77$2.54
May 20242713241231230$80.02$2.12
Apr 202434134191910$85.35$1.60
Mar 20244093351791790$81.28$1.49
Feb 20241823391201200$77.25$1.72
Jan 20244376662132130$74.15$3.18
Dec 202342005585580$71.90$2.52
Nov 20232683412332330$77.69$2.71
Oct 2023604511000$85.64$2.98
Sep 2023334497000$89.43$2.64
Aug 202358952460600$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

OperatorTgnr East Texas LLCFieldCarthage (Travis Peak)CountyRusk County

Tgnr East Texas LLC in Rusk County

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Carthage (Travis Peak) field

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