SHEPPARD, M. O.
SHEPPARD, M. O. is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Shell Western E&P Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 44,402 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 $216K, with roughly $41K 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 48 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was January 2026, at 75 barrels. 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 SHEPPARD, M. O.
- Who operates SHEPPARD, M. O.?
- SHEPPARD, M. O. is operated by Shell Western E&P Inc., Railroad Commission of Texas operator number 774720.
- Where is SHEPPARD, M. O.?
- SHEPPARD, M. O. is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 07992.
- Is SHEPPARD, M. O. still producing?
- SHEPPARD, M. O. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHEPPARD, M. O. is August 2026.
- How much has SHEPPARD, M. O. produced?
- SHEPPARD, M. O. has reported 44,402 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is SHEPPARD, M. O. worth?
- The remaining production from SHEPPARD, M. O. is estimated to be worth about $216K in total as of 27 August 2026, within a range of $119K to $313K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHEPPARD, M. O. is a fraction of it. The estimate fits an Arps decline curve to the production SHEPPARD, M. O. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHEPPARD, M. O. is an estimate of value, not an offer and not an appraisal.
- How much income does SHEPPARD, M. O. generate in a year?
- SHEPPARD, M. O. is forecast to net about $41K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHEPPARD, M. O. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shell Western E&P Inc. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 07992 |
| Wellbores | 3 |
| Reported production | 44,402 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $216K |
Where SHEPPARD, M. O. 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.