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 - Jan 2026
Total Oil Production87,920 BBLs
Total Gas Production8,213,931 MCF
Recent Oil Production91 BBLs in Dec 2025
Recent Gas Production8,271 MCF in Dec 2025
Wells on Property7

Our Valuation Estimates for Leard #1

ShaleAssessment™

Not Available

MarketMultiple™

$48,487 **

* 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 Jan 2026

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 BBLs1,045 MCFJan 2026
Bivins J. M. G.U. 1Upshur County, TX0 BBLs1,229 MCFJan 2026
Bogel Gas UnitUpshur County, TX306 BBLs17,901 MCFJan 2026
Bowers Ernest Gas UnitUpshur County, TX77 BBLs5,127 MCFJan 2026
Bullock Gas UnitUpshur County, TX18 BBLs826 MCFJan 2026
Dugger -AUpshur County, TX58 BBLs1,551 MCFJan 2026
Fenlaw Mack Gas Unit 1Upshur County, TX21 BBLs855 MCFJan 2026
Hinson R.AUpshur County, TX130 BBLs8,457 MCFJan 2026
Legrande Bowers Gas UnitUpshur County, TX0 BBLs1,698 MCFJan 2026
McKnight Gas Unit 1Upshur County, TX31 BBLs2,810 MCFJan 2026
McKnight Will Gas Unit #1Upshur County, TX63 BBLs7,139 MCFJan 2026
Odom Gas UnitUpshur County, TX21 BBLs3,994 MCFJan 2026
Pool Sidney Gas Unit 1Upshur County, TX0 BBLs634 MCFJan 2026
R. A. Hinson Gas UnitUpshur County, TX13 BBLs1,570 MCFJan 2026
Ray Gas Unit #2Upshur County, TX75 BBLs9,618 MCFJan 2026
Ray W.E. Gas Unit #1Upshur County, TX70 BBLs12,363 MCFJan 2026
Still W.W. Gu #1Upshur County, TX29 BBLs4,727 MCFJan 2026
Tuel Gas Unit #1Upshur County, TX343 BBLs12,748 MCFJan 2026
Wade C.K. Gas Unit #1Upshur County, TX58 BBLs9,117 MCFJan 2026
Young Gas Unit #1Upshur County, TX75 BBLs6,964 MCFJan 2026

Companies in the Area

These are the closest 11 companies operating near the Leard #1 property.

Company Name
Faulconer Energy, LLC
Floyd Operating Company
Goldston Oil Corporation
McBee Operating Company, L.L.C.
Rose City Resources, LLC
Sabine Energy Inc.
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
2025FAULCONER ENERGY LLCLEARD UNIT #01 W#08AFAULCONER ENER
2025FAULCONER ENERGY LLCLEARD UNIT #01 W#03FAULCONER ENER
2025FAULCONER ENERGY LLCLEARD UNIT #01 W#01FAULCONER ENER
2025FAULCONER ENERGY LLCLEARD UNIT #01 W#04FAULCONER ENER
2025MCCOOL JEAN LIFE ESTATELEARD UNIT #01 W#08AFAULCONER ENER
2025SUGARBERRY MINERALS COLEARD UNIT #01 W#08AFAULCONER ENER
2025GRELLING PROPERTIES LPLEARD UNIT #01 W#08AFAULCONER ENER
2025MCCOOL JEAN LIFE ESTATELEARD UNIT #01 W#03FAULCONER ENER
Displaying 8 of 1135 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 1Dec 2025PLAINS MARKETING, L.P.FAULCONER ENERGY, LLC
06-073381LEARD #1 1Nov 2025FAULCONER ENERGY, LLC
06-073381LEARD #1 1Nov 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Nov 2025FAULCONER ENERGY, LLC
06-147070LEARD #1 3Nov 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-160668LEARD #1 4Nov 2025FAULCONER ENERGY, LLC
06-160668LEARD #1 4Nov 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-171934LEARD #1 5Nov 2025FAULCONER ENERGY, LLC
06-171934LEARD #1 5Nov 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-271984LEARD #1 8ANov 2025FAULCONER ENERGY, LLC
06-073381LEARD #1 1Oct 2025FAULCONER ENERGY, LLC
06-073381LEARD #1 1Oct 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Oct 2025FAULCONER ENERGY, LLC
06-147070LEARD #1 3Oct 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-160668LEARD #1 4Oct 2025FAULCONER ENERGY, LLC
06-160668LEARD #1 4Oct 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-171934LEARD #1 5Oct 2025FAULCONER ENERGY, LLC
06-171934LEARD #1 5Oct 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-271984LEARD #1 8AOct 2025FAULCONER ENERGY, LLC
06-073381LEARD #1 1Sep 2025FAULCONER ENERGY, LLC
06-073381LEARD #1 1Sep 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Sep 2025FAULCONER ENERGY, LLC
06-147070LEARD #1 3Sep 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-160668LEARD #1 4Sep 2025FAULCONER ENERGY, LLC
06-160668LEARD #1 4Sep 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC