Shepard Unit

Oil & Gas Property in Lee County, TX

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 Production0 BBLs in Jan 2026
Recent Gas Production286 MCF in Jan 2026
Wells on Property1

Our Valuation Estimates for Shepard Unit

ShaleAssessment

$2,168 *

MarketMultiple

$1,192 **

* 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 NameOperatorCountyMonthly 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
CoraLee County, TX70 BBLs1,459 MCFFeb 2026
Donna W. UnitLee County, TX73 BBLs301 MCFFeb 2026
DorisLee County, TX0 BBLs0 MCFMar 2000
GanttLee County, TX16 BBLs1,266 MCFFeb 2026
GerdesLee County, TX17 BBLs233 MCFFeb 2026
Gerdes GarwoodLee County, TX0 BBLs0 MCFFeb 2026
Gerdes-BredthauerLee County, TX2 BBLs0 MCFFeb 2026
HancockLee County, TX0 BBLs0 MCFFeb 2026
HarrellLee County, TX16 BBLs597 MCFFeb 2026
Jensen Ray EstateLee County, TX0 BBLs0 MCFDec 2023
Never LeeLee County, TX27 BBLs942 MCFJan 2026
Patricia UnitLee County, TX17 BBLs1,355 MCFFeb 2026
RuthieLee County, TX20 BBLs1,591 MCFFeb 2026
SharonLee County, TX0 BBLs360 MCFFeb 2026
Stuermer-PlueckhahnLee County, TX0 BBLs0 MCFJul 2023
TishLee County, TX0 BBLs220 MCFFeb 2026
TriggerLee County, TX0 BBLs824 MCFJan 2026
Two FingersLee County, TX22 BBLs1,929 MCFFeb 2026
Watt-ColvinLee County, TX0 BBLs0 MCFOct 2025
WestbrookLee County, TX0 BBLs355 MCFFeb 2026

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 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 2025MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1May 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA 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 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Mar 2025MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Feb 2025MAGNOLIA OIL & GAS OPERATING LLC
03-145246SHEPARD UNIT 1Feb 2025BUCKHEAD MIDSTREAM, LLCMAGNOLIA 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