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 - Sep 2025
Total Oil Production87,537 BBLs
Total Gas Production8,178,401 MCF
Recent Oil Production33 BBLs in Aug 2025
Recent Gas Production8,581 MCF in Aug 2025
Wells on Property7

Our Valuation Estimates for Leard #1

ShaleAssessment™

Not Available

MarketMultiple™

$50,955 **

* 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 Sep 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 BBLs845 MCFSep 2025
Bivins J. M. G.U. 1Upshur County, TX0 BBLs1,252 MCFSep 2025
Bogel Gas UnitUpshur County, TX122 BBLs16,352 MCFSep 2025
Bowers Ernest Gas UnitUpshur County, TX46 BBLs4,566 MCFSep 2025
Bullock Gas UnitUpshur County, TX2 BBLs656 MCFSep 2025
Dugger -AUpshur County, TX0 BBLs1,462 MCFSep 2025
Fenlaw Mack Gas Unit 1Upshur County, TX17 BBLs835 MCFSep 2025
Hinson R.AUpshur County, TX50 BBLs8,852 MCFSep 2025
Legrande Bowers Gas UnitUpshur County, TX6 BBLs2,216 MCFSep 2025
McKnight Gas Unit 1Upshur County, TX17 BBLs2,750 MCFSep 2025
McKnight Will Gas Unit #1Upshur County, TX14 BBLs7,564 MCFSep 2025
Odom Gas UnitUpshur County, TX21 BBLs3,706 MCFSep 2025
Pool Sidney Gas Unit 1Upshur County, TX2 BBLs1,293 MCFSep 2025
R. A. Hinson Gas UnitUpshur County, TX4 BBLs1,474 MCFSep 2025
Ray Gas Unit #2Upshur County, TX10 BBLs9,839 MCFSep 2025
Ray W.E. Gas Unit #1Upshur County, TX35 BBLs10,504 MCFSep 2025
Still W.W. Gu #1Upshur County, TX23 BBLs3,798 MCFSep 2025
Tuel Gas Unit #1Upshur County, TX48 BBLs9,902 MCFSep 2025
Wade C.K. Gas Unit #1Upshur County, TX30 BBLs9,576 MCFSep 2025
Young Gas Unit #1Upshur County, TX25 BBLs6,379 MCFSep 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
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 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