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 - Jun 2026
Total Oil Production88,318 BBLs
Total Gas Production8,257,813 MCF
Recent Oil Production105 BBLs in May 2026
Recent Gas Production8,464 MCF in May 2026
Wells on Property7

Our Valuation Estimates for Leard #1

ShaleAssessment™

Not Available

MarketMultiple™

$57,487 **

* 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 Jun 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, TX1 BBLs751 MCFJun 2026
Bivins J. M. G.U. 1Upshur County, TX0 BBLs1,290 MCFJun 2026
Bogel Gas UnitUpshur County, TX2 BBLs15,728 MCFJun 2026
Bowers Ernest Gas UnitUpshur County, TX47 BBLs4,450 MCFJun 2026
Bullock Gas UnitUpshur County, TX21 BBLs972 MCFJun 2026
Dugger -AUpshur County, TX0 BBLs1,405 MCFJun 2026
Fenlaw Mack Gas Unit 1Upshur County, TX12 BBLs891 MCFJun 2026
Hinson R.AUpshur County, TX130 BBLs12,654 MCFJun 2026
Legrande Bowers Gas UnitUpshur County, TX0 BBLs1,404 MCFJun 2026
McKnight Gas Unit 1Upshur County, TX18 BBLs2,134 MCFJun 2026
McKnight Will Gas Unit #1Upshur County, TX47 BBLs10,430 MCFJun 2026
Odom Gas UnitUpshur County, TX19 BBLs3,978 MCFJun 2026
Pool Sidney Gas Unit 1Upshur County, TX0 BBLs0 MCFApr 2026
R. A. Hinson Gas UnitUpshur County, TX30 BBLs4,164 MCFJun 2026
Ray Gas Unit #2Upshur County, TX0 BBLs9,215 MCFJun 2026
Ray W.E. Gas Unit #1Upshur County, TX7 BBLs10,420 MCFJun 2026
Still W.W. Gu #1Upshur County, TX20 BBLs3,712 MCFJun 2026
Tuel Gas Unit #1Upshur County, TX3 BBLs12,131 MCFJun 2026
Wade C.K. Gas Unit #1Upshur County, TX40 BBLs7,999 MCFJun 2026
Young Gas Unit #1Upshur County, TX26 BBLs6,404 MCFJun 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
2026FAULCONER ENERGY LLCLEARD UNIT #01 W#08AFAULCONER ENER
2026FAULCONER ENERGY LLCLEARD UNIT #01 W#03FAULCONER ENER
2026FAULCONER ENERGY LLCLEARD UNIT #01 W#01FAULCONER ENER
2026FAULCONER ENERGY LLCLEARD UNIT #01 W#04FAULCONER ENER
2026FAULCONER ENERGY LLCLEARD UNIT #01 W#05FAULCONER ENER
2026MCCOOL JEAN LIFE ESTATELEARD UNIT #01 W#08AFAULCONER ENER
2026SUGARBERRY MINERALS COLEARD UNIT #01 W#08AFAULCONER ENER
2026GRELLING PROPERTIES LPLEARD UNIT #01 W#08AFAULCONER ENER
Displaying 8 of 946 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
06-160668LEARD #1 4Jun 2026PLAINS MARKETING, L.P.FAULCONER ENERGY, LLC
06-073381LEARD #1 1May 2026FAULCONER ENERGY, LLC
06-073381LEARD #1 1May 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3May 2026FAULCONER ENERGY, LLC
06-147070LEARD #1 3May 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-160668LEARD #1 4May 2026FAULCONER ENERGY, LLC
06-160668LEARD #1 4May 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-171934LEARD #1 5May 2026FAULCONER ENERGY, LLC
06-171934LEARD #1 5May 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-271984LEARD #1 8AMay 2026FAULCONER ENERGY, LLC
06-073381LEARD #1 1Apr 2026FAULCONER ENERGY, LLC
06-073381LEARD #1 1Apr 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Apr 2026FAULCONER ENERGY, LLC
06-147070LEARD #1 3Apr 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-160668LEARD #1 4Apr 2026FAULCONER ENERGY, LLC
06-160668LEARD #1 4Apr 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-171934LEARD #1 5Apr 2026FAULCONER ENERGY, LLC
06-171934LEARD #1 5Apr 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-271984LEARD #1 8AApr 2026FAULCONER ENERGY, LLC
06-073381LEARD #1 1Mar 2026FAULCONER ENERGY, LLC
06-073381LEARD #1 1Mar 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Mar 2026FAULCONER ENERGY, LLC
06-147070LEARD #1 3Mar 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-160668LEARD #1 4Mar 2026FAULCONER ENERGY, LLC
06-160668LEARD #1 4Mar 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC