Shepard Unit

Oil & Gas Property in Lee County, TX

Property Summary

Key data points for Shepard Unit

CountyLee County, TX
Production DatesMay 1993 - Apr 2025
Total Oil Production6,955 BBLs
Total Gas Production572,878 MCF
Recent Oil Production4 BBLs in Mar 2025
Recent Gas Production333 MCF in Mar 2025
Wells on Property1

Our Valuation Estimates for Shepard Unit

ShaleAssessment

$2,431 *

MarketMultiple

$2,977 **

* 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 Apr 2025

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 NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
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
Betty SueLee County, TX535 BBLs2,822 MCFApr 2025
CoraLee County, TX121 BBLs3,899 MCFApr 2025
Donna W. UnitLee County, TX3 BBLs257 MCFApr 2025
DorisLee County, TX0 BBLs0 MCFMar 2000
GanttLee County, TX18 BBLs1,491 MCFApr 2025
HarrellLee County, TX0 BBLs557 MCFApr 2025
Jensen Ray EstateLee County, TX0 BBLs0 MCFDec 2023
Never LeeLee County, TX2 BBLs125 MCFApr 2025
PamelaLee County, TX1,020 BBLs4,615 MCFApr 2025
Patricia UnitLee County, TX35 BBLs2,055 MCFApr 2025
RappaportLee County, TX510 BBLs2,472 MCFApr 2025
RuthieLee County, TX26 BBLs1,963 MCFApr 2025
SharonLee County, TX0 BBLs565 MCFApr 2025
Stuermer-PlueckhahnLee County, TX0 BBLs0 MCFJul 2023
TishLee County, TX0 BBLs315 MCFApr 2025
TriggerLee County, TX0 BBLs2,218 MCFApr 2025
Two FingersLee County, TX45 BBLs2,011 MCFApr 2025
Watt-ColvinLee County, TX0 BBLs81 MCFApr 2025
WestbrookLee County, TX14 BBLs358 MCFApr 2025
Will, JessieLee County, TX209 BBLs2,871 MCFApr 2025

Owners of Shepard Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA 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 1Mar 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Mar 2025MAGNOLIA 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 20244J ENERGY, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jul 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jun 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1May 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Apr 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Mar 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Feb 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jan 2024MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Dec 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Nov 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Oct 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Sep 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Aug 2023MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Jul 2023MAGNOLIA OIL & GAS OPERATING LLC