SHEPARD
SHEPARD is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Braka Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 6,239 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $6K, with roughly $778 expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 30 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 104 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about SHEPARD
- Who operates SHEPARD?
- SHEPARD is operated by Braka Operating, L.L.C., Railroad Commission of Texas operator number 088563.
- Where is SHEPARD?
- SHEPARD is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 275783.
- Is SHEPARD still producing?
- SHEPARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHEPARD is August 2026.
- How much has SHEPARD produced?
- SHEPARD has reported 6,239 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2014 and August 2026, from 1 wellbore.
- How much is SHEPARD worth?
- The remaining production from SHEPARD is estimated to be worth about $6K in total as of 27 August 2026, within a range of $3K to $9K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHEPARD is a fraction of it. The estimate fits an Arps decline curve to the production SHEPARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHEPARD is an estimate of value, not an offer and not an appraisal.
- How much income does SHEPARD generate in a year?
- SHEPARD is forecast to net about $778 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHEPARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Braka Operating, L.L.C. |
|---|---|
| Field | Palo Pinto County Regular |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 275783 |
| Wellbores | 1 |
| Reported production | 6,239 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $6K |
Where SHEPARD sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.