SHELTON/HEIRS

Operated by PALOMA OPERATING, LLC (P-5 100344) in the PLACEDO (5200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 247720District 02Field 71801253CondensateGasSaveExport
Value, all time
$1.2 M
Feb 2008 – Apr 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
195
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1956-11-29
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: RETURNED TO ALLOCATION FORMULA 5/1/95 ONE WELL FIELD

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition266 bbl$21,294
GasProduction213,236 Mcf$1,210,103
Total$1,231,397

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.7110, -96.7904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.71100, -96.79036 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,500 ft
1 wells filed one
Completion to plug
16.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,500 ft.

Completions filed
Feb 2008
1 of 1 wells
Plug dates filed
Apr 2024
1 of 1 wells

Last completion to plug: a median of 16.2 years across the 1 well that filed both dates, with the middle half between 16.2 years and 16.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4693303826,500 ftFeb 2008Apr 2024Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (195)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

195 months

Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019017259.012.30$396
Nov 2019032855.302.75$902
Oct 2019028553.472.42$689
Sep 2019034955.052.66$927
Aug 2019019053.112.30$438
Jul 2019031856.272.46$782
Jun 2019045452.782.49$1,131
May 2019015958.482.74$436
Apr 20190762.632.75$19
Mar 201903756.803.06$113
Feb 201904550.852.79$126
Jan 201905846.033.23$187
Dec 2018029246.594.19$1,222
Nov 2018545052.934.24$2,171
Oct 20182954461.443.40$3,630
Sep 2018051759.543.11$1,607
Aug 2018030659.403.07$938
Jul 2018052665.142.93$1,542
Jun 2018071460.183.08$2,197
May 20180065.382.90$0
Apr 2018089463.842.90$2,593
Mar 201801,26661.222.79$3,528
Feb 201801,39061.782.77$3,845
Jan 2018032362.874.01$1,295
Dec 201705,88257.272.92$17,184
Nov 201707,20155.423.12$22,455
Oct 201706,92349.292.98$20,656
Sep 201706,16247.523.09$19,024
Aug 201705,36845.373.00$16,128
Jul 2017010,85243.873.09$33,503
Jun 2017039742.493.09$1,226
May 201701,18445.373.26$3,864
Apr 201721,84547.933.21$6,021
Mar 201771,99246.772.98$6,271
Feb 2017171,42050.452.95$5,050
Jan 201701,47949.413.42$5,056
Dec 2016057048.763.72$2,122
Nov 2016093442.492.64$2,470
Oct 2016019246.193.09$593
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201501742.892.93$50
Feb 2015040644.662.98$1,208
Jan 2015050843.433.10$1,575
Dec 2014043254.693.59$1,551
Nov 2014036470.464.25$1,548
Oct 2014058178.303.90$2,266
Sep 2014075086.164.05$3,034
Aug 2014016789.394.04$674
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012067098.092.73$1,832
Dec 201105096.873.24$162
Nov 2011012195.723.31$401
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201102094.144.52$90
Jun 201107792.904.64$357
May 20110098.134.40$0
Apr 20110274105.964.33$1,187
Mar 20119374496.364.06$11,980
Feb 20110085.644.18$0
Jan 2011021086.504.59$964
Dec 2010427385.734.35$3,918
Nov 201004880.843.80$182
Oct 201007078.103.51$246
Sep 201006872.633.98$271
Aug 201003273.684.42$141
Jul 201001,41672.554.74$6,707
Jun 201002,00170.364.91$9,826
May 201002,57171.124.24$10,889
Apr 201002,60881.694.12$10,752
Mar 2010070478.394.39$3,090
Feb 201001,98673.585.44$10,809
Jan 2010062474.365.96$3,722
Dec 2009058571.445.48$3,208
Nov 2009089774.593.75$3,365
Oct 200901,93472.544.11$7,949
Sep 200902,66065.543.06$8,152
Aug 2009535,25567.423.22$20,486
Jul 200903,02661.133.46$10,484
Jun 200905,25366.163.90$20,460
May 200906,63654.743.93$26,051
Apr 200907,97946.773.59$28,625
Mar 200907,49342.144.06$30,414
Feb 200907,48632.814.63$34,683
Jan 200907,98735.865.37$42,898
Dec 200806,81237.105.98$40,716
Nov 200806,40555.496.86$43,941
Oct 200806,58875.246.92$45,602
Sep 2008185,838101.767.88$47,818
Aug 200806,796114.228.48$57,651
Jul 200808,003131.0811.39$91,150
Jun 200806,659131.3313.03$86,784
May 200807,231123.1711.57$83,694
Apr 200808,332110.3110.45$87,110
Mar 200808,580101.909.66$82,918
Feb 200805,18492.538.77$45,467

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Dec 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.01 =         $0
Gas                  172 Mcf  × $  2.30 =       $396

────────────────────────────────────────────────────
Month total                                     $396

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 02/G/247720 is the state's own key, not one this site invented.