Shepard Unit

Oil & Gas Property in Lee County, TX

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Property Summary

Key data points for Shepard Unit

CountyLee County, TX
Production DatesMay 1993 - Jan 2026
Total Oil Production6,977 BBLs
Total Gas Production574,971 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property1

Our Valuation Estimates for Shepard Unit

ShaleAssessment

$2,168 *

MarketMultiple

$565 **

* 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 Jan 2026

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 NameOperatorCounty
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, TX87 BBLs1,573 MCFMay 2026
Donna W. UnitLee County, TX43 BBLs605 MCFMay 2026
DorisLee County, TX0 BBLs0 MCFMar 2000
GanttLee County, TX23 BBLs1,990 MCFMay 2026
Gerdes GarwoodLee County, TX0 BBLs39 MCFApr 2026
Gerdes-BredthauerLee County, TX112 BBLs154 MCFMay 2026
HancockLee County, TX0 BBLs0 MCFFeb 2026
HarrellLee County, TX0 BBLs118 MCFMay 2026
Lion Four H 04NLLee County, TX13,543 BBLs28,615 MCFJun 2026
Lion Six H 06NLLee County, TX9,272 BBLs22,176 MCFJun 2026
Lion Two H 02NLLee County, TX7,584 BBLs16,944 MCFJun 2026
Never LeeLee County, TX0 BBLs605 MCFMay 2026
Nittany State H 05NLLee County, TX7,426 BBLs30,294 MCFJun 2026
Patricia UnitLee County, TX18 BBLs1,407 MCFMay 2026
RuthieLee County, TX0 BBLs1,835 MCFMay 2026
SharonLee County, TX0 BBLs494 MCFMay 2026
TishLee County, TX0 BBLs213 MCFMay 2026
TriggerLee County, TX0 BBLs0 MCFJan 2026
Two FingersLee County, TX19 BBLs2,973 MCFMay 2026
Watt-ColvinLee County, TX0 BBLs0 MCFOct 2025

Owners of Shepard Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA 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 1Jan 2026MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Dec 2025MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Sep 2025MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Aug 2025MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jul 2025MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jun 2025MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1May 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1May 2025MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Apr 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Apr 2025MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Mar 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Feb 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Feb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jan 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jan 2025MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Dec 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Nov 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Oct 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Sep 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Aug 2024MAGNOLIA OIL & GAS OPERATING LLC
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