SHELTON

Operated by KEBO OIL & GAS, INC. (P-5 453170) in the LAKE PASTURE (FT-660) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 257928District 02Field 51512850CondensateGasSaveExport
Value, all time
$1.3 M
Jun 2010 – Jul 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
86
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
1979-09-13
as the register files it
Field class
Oil and 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: ALLOCATION FORMULA EFF. 1-1-80 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition8,247 bbl$688,404
GasProduction161,436 Mcf$623,227
Total$1,311,631

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 28.4311, -97.1184. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.43107, -97.11836 · 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
7,324 ft
1 wells filed one
Completion to plug
6.4 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 7,324 ft.

Completions filed
Feb 2011
1 of 1 wells
Plug dates filed
Jul 2017
1 of 1 wells

Last completion to plug: a median of 6.4 years across the 1 well that filed both dates, with the middle half between 6.4 years and 6.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3913295877,324 ftFeb 2011Jul 2017Yes

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 (86)

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

86 months

Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
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 2015111032.362.00$3,592
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20151602,29440.162.87$13,015
Jul 20151725,02748.152.95$23,087
Jun 20151776,11956.152.88$27,579
May 20151686,04355.212.96$27,135
Apr 20151772,64149.822.71$15,966
Mar 20151594,41042.892.93$19,762
Feb 20153336,11644.662.98$33,074
Jan 20151768,39243.433.10$33,664
Dec 20143278,52854.693.59$48,511
Nov 20141625,39370.464.25$34,345
Oct 20141684,84578.303.90$32,055
Sep 20143535,75086.164.05$53,676
Aug 20141585,53889.394.04$36,470
Jul 20141815,39396.564.18$40,018
Jun 20141644,49698.164.74$37,395
May 20143365,77794.734.73$59,135
Apr 20141515,81895.944.81$42,466
Mar 20141553,91895.895.06$34,675
Feb 20141524,39897.406.19$42,037
Jan 20141703,94490.404.86$34,539
Dec 20133316,12791.824.35$57,072
Nov 20135095,00188.853.74$63,920
Oct 20135306,39197.423.78$75,786
Sep 20131776,024104.113.72$40,823
Aug 20133615,660104.253.52$57,572
Jul 20133304,065102.523.72$48,944
Jun 201301,40094.403.93$5,507
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201361091.603.42$5,588
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 20120669101.102.57$1,719
Jan 201201,20298.092.73$3,286
Dec 201101,58196.873.24$5,122
Nov 201118179195.723.31$19,945
Oct 201102,48484.983.65$9,063
Sep 2011083283.623.99$3,316
Aug 201115443683.404.15$14,653
Jul 201128835094.144.52$28,693
Jun 2011077792.904.64$3,605
May 20111821,82398.134.40$25,890
Apr 2011355519105.964.33$39,865
Mar 20116783,41596.364.06$79,188
Feb 201102,04285.644.18$8,536
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201001,78572.633.98$7,103
Aug 201003,22273.684.42$14,239
Jul 20100072.554.74$0
Jun 20100070.364.91$0

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 2015 — as filed, then multipliedworked
Condensate           111 bbl  × $ 32.36 =     $3,592
Gas                    0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $3,592

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/257928 is the state's own key, not one this site invented.