SHEPHARD, HENRY UNIT 2
SHEPHARD, HENRY UNIT 2 is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Heartland Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,269 barrels. 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 $18K, with roughly $3K 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 7 barrels a month. Its strongest month on the record we hold was September 2025, at 30 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SHEPHARD, HENRY UNIT 2
- Who operates SHEPHARD, HENRY UNIT 2?
- SHEPHARD, HENRY UNIT 2 is operated by Heartland Resources, Inc., Railroad Commission of Texas operator number 370457.
- Where is SHEPHARD, HENRY UNIT 2?
- SHEPHARD, HENRY UNIT 2 is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 13568.
- Is SHEPHARD, HENRY UNIT 2 still producing?
- SHEPHARD, HENRY UNIT 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHEPHARD, HENRY UNIT 2 is August 2026.
- How much has SHEPHARD, HENRY UNIT 2 produced?
- SHEPHARD, HENRY UNIT 2 has reported 3,269 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SHEPHARD, HENRY UNIT 2 worth?
- The remaining production from SHEPHARD, HENRY UNIT 2 is estimated to be worth about $18K in total as of 27 August 2026, within a range of $0 to $35K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHEPHARD, HENRY UNIT 2 is a fraction of it. The estimate fits an Arps decline curve to the production SHEPHARD, HENRY UNIT 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHEPHARD, HENRY UNIT 2 is an estimate of value, not an offer and not an appraisal.
- How much income does SHEPHARD, HENRY UNIT 2 generate in a year?
- SHEPHARD, HENRY UNIT 2 is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHEPHARD, HENRY UNIT 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Heartland Resources, Inc. |
|---|---|
| Field | Willard (Navarro) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 13568 |
| Wellbores | 1 |
| Reported production | 3,269 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $18K |
Where SHEPHARD, HENRY UNIT 2 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.