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 - Mar 2026
Total Oil Production88,097 BBLs
Total Gas Production8,231,546 MCF
Recent Oil Production115 BBLs in Feb 2026
Recent Gas Production8,237 MCF in Feb 2026
Wells on Property7

Our Valuation Estimates for Leard #1

ShaleAssessment™

Not Available

MarketMultiple™

$57,107 **

* 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 Mar 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 BBLs911 MCFMar 2026
Bivins J. M. G.U. 1Upshur County, TX0 BBLs1,449 MCFMar 2026
Bogel Gas UnitUpshur County, TX205 BBLs15,219 MCFMar 2026
Bowers Ernest Gas UnitUpshur County, TX87 BBLs5,004 MCFMar 2026
Bullock Gas UnitUpshur County, TX0 BBLs1,138 MCFMar 2026
Dugger -AUpshur County, TX36 BBLs1,431 MCFMar 2026
Fenlaw Mack Gas Unit 1Upshur County, TX15 BBLs870 MCFMar 2026
Hinson R.AUpshur County, TX140 BBLs10,965 MCFMar 2026
Legrande Bowers Gas UnitUpshur County, TX12 BBLs2,252 MCFMar 2026
McKnight Gas Unit 1Upshur County, TX14 BBLs2,232 MCFMar 2026
McKnight Will Gas Unit #1Upshur County, TX54 BBLs6,421 MCFMar 2026
Odom Gas UnitUpshur County, TX28 BBLs3,651 MCFMar 2026
Pool Sidney Gas Unit 1Upshur County, TX0 BBLs19 MCFFeb 2026
R. A. Hinson Gas UnitUpshur County, TX29 BBLs1,115 MCFMar 2026
Ray Gas Unit #2Upshur County, TX56 BBLs8,749 MCFMar 2026
Ray W.E. Gas Unit #1Upshur County, TX80 BBLs10,512 MCFMar 2026
Still W.W. Gu #1Upshur County, TX21 BBLs3,381 MCFMar 2026
Tuel Gas Unit #1Upshur County, TX148 BBLs10,362 MCFMar 2026
Wade C.K. Gas Unit #1Upshur County, TX66 BBLs8,567 MCFMar 2026
Young Gas Unit #1Upshur County, TX96 BBLs5,989 MCFMar 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 1Feb 2026FAULCONER ENERGY, LLC
06-073381LEARD #1 1Feb 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Feb 2026PLAINS MARKETING, L.P.FAULCONER ENERGY, LLC
06-147070LEARD #1 3Feb 2026FAULCONER ENERGY, LLC
06-147070LEARD #1 3Feb 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-160668LEARD #1 4Feb 2026FAULCONER ENERGY, LLC
06-160668LEARD #1 4Feb 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-171934LEARD #1 5Feb 2026PLAINS MARKETING, L.P.FAULCONER ENERGY, LLC
06-171934LEARD #1 5Feb 2026FAULCONER ENERGY, LLC
06-171934LEARD #1 5Feb 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-271984LEARD #1 8AFeb 2026PLAINS MARKETING, L.P.FAULCONER ENERGY, LLC
06-271984LEARD #1 8AFeb 2026FAULCONER ENERGY, LLC
06-073381LEARD #1 1Jan 2026FAULCONER ENERGY, LLC
06-073381LEARD #1 1Jan 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Jan 2026FAULCONER ENERGY, LLC
06-147070LEARD #1 3Jan 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-160668LEARD #1 4Jan 2026FAULCONER ENERGY, LLC
06-160668LEARD #1 4Jan 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-171934LEARD #1 5Jan 2026FAULCONER ENERGY, LLC
06-171934LEARD #1 5Jan 2026FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-271984LEARD #1 8AJan 2026FAULCONER ENERGY, LLC
06-073381LEARD #1 1Dec 2025PLAINS MARKETING, L.P.FAULCONER ENERGY, LLC
06-073381LEARD #1 1Dec 2025FAULCONER ENERGY, LLC
06-073381LEARD #1 1Dec 2025FAULCONER ENERGY, LLCFAULCONER ENERGY, LLC
06-147070LEARD #1 3Dec 2025FAULCONER ENERGY, LLC