Leard #1

Oil & Gas Property in Upshur County, TX

  2. Texas
  3. Upshur County, TX
  4. Oil & Gas Properties in Upshur County, TX
  5. Leard #1 Oil & Gas Property

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Property Summary

Key data points for Leard #1

CountyUpshur County, TX
OperatorFAULCONER ENERGY, LLC
Production DatesJan 1993 - Apr 2025
Total Oil Production87,157 BBLs
Total Gas Production8,133,680 MCF
Recent Oil Production180 BBLs in Mar 2025
Recent Gas Production9,357 MCF in Mar 2025
Wells on Property7

Our Valuation Estimates for Leard #1

ShaleAssessment™

Not Available

MarketMultiple™

$51,060 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Leard #1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Leard #1
from Jan 1993 to Apr 2025

Wells on Leard #1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-459-30148LEARD #1 1FAULCONER ENERGY, LLCProducingUpshur County, TX32.741380-95.064299
42-459-30513LEARD #1 2FAULCONER ENERGY, LLCProducingUpshur County, TX32.745422-95.062298
42-459-30733LEARD #1 3FAULCONER ENERGY, LLCProducingUpshur County, TX32.736432-95.062888
42-459-30878LEARD #1 4FAULCONER ENERGY, LLCProducingUpshur County, TX32.737084-95.069025
42-459-30973LEARD #1 5FAULCONER ENERGY, LLCProducingUpshur County, TX32.746273-95.070158
42-459-31029LEARD #1 6FAULCONER ENERGY, LLCProducingUpshur County, TX32.740769-95.059913
42-459-31459LEARD #1 8AFAULCONER ENERGY, LLCProducingUpshur County, TX32.742576-95.069717

Leases included in Leard #1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-073381LEARD #1 1FAULCONER ENERGY, LLCUpshur County, TX
06-097659LEARD #1 2FAULCONER ENERGY, LLCUpshur County, TX
06-147070LEARD #1 3FAULCONER ENERGY, LLCUpshur County, TX
06-160668LEARD #1 4FAULCONER ENERGY, LLCUpshur County, TX
06-171934LEARD #1 5FAULCONER ENERGY, LLCUpshur County, TX
06-180931LEARD #1 6FAULCONER ENERGY, LLCUpshur County, TX
06-271984LEARD #1 8AFAULCONER ENERGY, LLCUpshur County, TX

Nearby Properties

These are the closest 20 properties to the Leard #1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ArringtonUpshur County, TX0 BBLs1,441 MCFApr 2025
Bivins J. M. G.U. 1Upshur County, TX0 BBLs1,208 MCFApr 2025
Bogel Gas UnitUpshur County, TX224 BBLs18,184 MCFApr 2025
Bowers Ernest Gas UnitUpshur County, TX66 BBLs6,287 MCFApr 2025
Bullock Gas UnitUpshur County, TX7 BBLs1,125 MCFApr 2025
Dugger -AUpshur County, TX18 BBLs1,429 MCFApr 2025
Fenlaw Mack Gas Unit 1Upshur County, TX25 BBLs1,073 MCFApr 2025
Hinson R.AUpshur County, TX150 BBLs13,339 MCFApr 2025
Legrande Bowers Gas UnitUpshur County, TX9 BBLs1,696 MCFApr 2025
McKnight Gas Unit 1Upshur County, TX33 BBLs2,635 MCFApr 2025
McKnight Will Gas Unit #1Upshur County, TX11 BBLs8,272 MCFApr 2025
Odom Gas UnitUpshur County, TX3 BBLs4,531 MCFApr 2025
Pool Sidney Gas Unit 1Upshur County, TX9 BBLs1,828 MCFApr 2025
R. A. Hinson Gas UnitUpshur County, TX2 BBLs2 MCFApr 2025
Ray Gas Unit #2Upshur County, TX179 BBLs11,263 MCFApr 2025
Ray W.E. Gas Unit #1Upshur County, TX239 BBLs11,842 MCFApr 2025
Still W.W. Gu #1Upshur County, TX44 BBLs3,692 MCFApr 2025
Tuel Gas Unit #1Upshur County, TX103 BBLs11,654 MCFApr 2025
Wade C.K. Gas Unit #1Upshur County, TX132 BBLs10,398 MCFApr 2025
Young Gas Unit #1Upshur County, TX144 BBLs6,801 MCFApr 2025

Companies in the Area

These are the closest 9 companies operating near the Leard #1 property.

Company Name
Faulconer Energy, LLC
Goldston Oil Corporation
McBee Operating Company, L.L.C.
Rose City Resources, LLC
Sabine Oil & Gas Corporation
Sulphur River Exploration, Inc.
Tanos Exploration IV, LLC
Verado Energy, Inc.
XTO Energy Inc.

Frac'ing activity on Leard #1

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-459-31459Leard J K Gas Unit #1 8A

Owners of Leard #1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024FAULCONER ENERGY LLCLEARD UNIT #01 W#08AFAULCONER ENER
2024FAULCONER ENERGY LLCLEARD UNIT #01 W#03FAULCONER ENER
2024FAULCONER ENERGY LLCLEARD UNIT #01 W#01FAULCONER ENER
2024FAULCONER ENERGY LLCLEARD UNIT #01 W#04FAULCONER ENER
2024MCCOOL JEAN LIFE ESTATELEARD UNIT #01 W#08AFAULCONER ENER
2024SUGARBERRY MINERALS COLEARD UNIT #01 W#08AFAULCONER ENER
2024GRELLING PROPERTIES LPLEARD UNIT #01 W#08AFAULCONER ENER
2024FAULCONER ENERGY 2023 LLPLEARD UNIT #01 W#08AFAULCONER ENER
Displaying 8 of 298 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Leard #1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-073381LEARD #1 1Mar 2025FAULCONER ENERGY, LLC
06-073381LEARD #1 1Mar 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Mar 2025PLAINS MARKETING, L.P.FAULCONER ENERGY, LLC
06-147070LEARD #1 3Mar 2025FAULCONER ENERGY, LLC
06-147070LEARD #1 3Mar 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-160668LEARD #1 4Mar 2025PLAINS MARKETING, L.P.FAULCONER ENERGY, LLC
06-160668LEARD #1 4Mar 2025FAULCONER ENERGY, LLC
06-160668LEARD #1 4Mar 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-171934LEARD #1 5Mar 2025FAULCONER ENERGY, LLC
06-171934LEARD #1 5Mar 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-271984LEARD #1 8AMar 2025FAULCONER ENERGY, LLC
06-073381LEARD #1 1Feb 2025FAULCONER ENERGY, LLC
06-073381LEARD #1 1Feb 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Feb 2025FAULCONER ENERGY, LLC
06-147070LEARD #1 3Feb 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-160668LEARD #1 4Feb 2025FAULCONER ENERGY, LLC
06-160668LEARD #1 4Feb 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-171934LEARD #1 5Feb 2025FAULCONER ENERGY, LLC
06-171934LEARD #1 5Feb 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-271984LEARD #1 8AFeb 2025PLAINS MARKETING, L.P.FAULCONER ENERGY, LLC
06-271984LEARD #1 8AFeb 2025FAULCONER ENERGY, LLC
06-073381LEARD #1 1Jan 2025FAULCONER ENERGY, LLC
06-073381LEARD #1 1Jan 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Jan 2025FAULCONER ENERGY, LLC
06-147070LEARD #1 3Jan 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC