SHELTON

Name: SHELTON lease production and value, Oct 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KEBO OIL & GAS, INC. (P-5 453170) in the LAKE PASTURE (FT-738-W) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8996District 02Field 51512883OilCasinghead gasSave Export

Value, all time

$3.7 M

Oct 2005 – Apr 2018

Value, last 12 filed months

at the published price for each month

Months reported

151

no gaps in the span

Streams

oil, casinghead gas

The LAKE PASTURE (FT-738-W) field

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1979-12-19

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Stream	Basis	Volume	Value
Oil	Disposition	51,968 bbl	$3,443,774
Casinghead gas	Production	51,574 Mcf	$260,409
Total			$3,704,183

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 28.4296, -97.1178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.42960, -97.11776 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,377 ft

1 wells filed one

Completion to plug

11.8 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 7,377 ft.

Completions filed

Oct 2005

1 of 1 wells

Plug dates filed

Jul 2017

1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39132698	1	7,377 ft	Oct 2005	Jul 2017	Yes

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 (151)

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

151 months


Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	174	0	101.65	2.00	$17,687
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	355	0	92.90	4.64	$32,980
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	488	96.36	4.06	$1,980
Feb 2011	0	919	85.64	4.18	$3,841
Jan 2011	0	531	86.50	4.59	$2,437
Dec 2010	367	675	85.73	4.35	$34,398
Nov 2010	0	3,223	80.84	3.80	$12,232
Oct 2010	360	6,830	78.10	3.51	$52,082
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	333	295	72.55	4.74	$25,556
Jun 2010	0	686	70.36	4.91	$3,369
May 2010	0	469	71.12	4.24	$1,986
Apr 2010	186	0	81.69	4.12	$15,194
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	130	73.58	5.44	$708
Jan 2010	0	120	74.36	5.96	$716
Dec 2009	0	838	71.44	5.48	$4,595
Nov 2009	0	1,231	74.59	3.75	$4,618
Oct 2009	0	1,452	72.54	4.11	$5,968
Sep 2009	0	2,895	65.54	3.06	$8,872
Aug 2009	0	2,521	67.42	3.22	$8,114
Jul 2009	0	2,225	61.13	3.46	$7,709
Jun 2009	0	997	66.16	3.90	$3,883
May 2009	0	3,044	54.74	3.93	$11,950
Apr 2009	187	5,487	46.77	3.59	$28,431
Mar 2009	705	4,126	42.14	4.06	$46,456
Feb 2009	4	0	32.81	4.63	$131
Jan 2009	11	0	35.86	5.37	$394
Dec 2008	381	0	37.10	5.98	$14,135
Nov 2008	373	0	55.49	6.86	$20,698
Oct 2008	200	0	75.24	6.92	$15,048
Sep 2008	726	0	101.76	7.88	$73,878
Aug 2008	4	0	114.22	8.48	$457
Jul 2008	731	0	131.08	11.39	$95,819
Jun 2008	204	0	131.33	13.03	$26,791
May 2008	1,240	0	123.17	11.57	$152,731
Apr 2008	557	0	110.31	10.45	$61,443
Mar 2008	734	0	101.90	9.66	$74,795
Feb 2008	363	0	92.53	8.77	$33,588
Jan 2008	368	0	90.38	8.21	$33,260
Dec 2007	554	0	88.33	7.30	$48,935
Nov 2007	368	0	91.67	7.29	$33,735
Oct 2007	723	0	82.85	6.92	$59,901
Sep 2007	358	0	75.84	6.24	$27,151
Aug 2007	514	0	69.06	6.39	$35,497
Jul 2007	866	0	70.90	6.39	$61,399
Jun 2007	722	20	62.00	7.55	$44,915
May 2007	864	41	58.74	7.85	$51,073
Apr 2007	900	25	59.61	7.81	$53,844
Mar 2007	1,044	58	56.92	7.30	$59,848
Feb 2007	848	0	55.10	8.22	$46,725
Jan 2007	1,464	285	50.30	6.73	$75,556
Dec 2006	1,289	914	56.65	6.92	$79,345
Nov 2006	1,266	1,077	54.20	7.62	$76,821
Oct 2006	2,019	1,184	54.90	6.01	$117,963
Sep 2006	1,821	102	60.08	5.04	$109,919
Aug 2006	1,813	0	68.71	7.34	$124,571
Jul 2006	2,489	0	69.37	6.34	$172,662
Jun 2006	1,960	0	66.28	6.38	$129,909
May 2006	2,191	0	66.01	6.42	$144,628
Apr 2006	2,504	0	64.39	7.36	$161,233
Mar 2006	2,357	539	56.70	7.08	$137,460
Feb 2006	2,715	1,894	57.59	7.75	$171,037
Jan 2006	3,268	2,660	60.59	8.93	$221,771
Dec 2005	2,715	2,556	54.94	13.42	$183,452
Nov 2005	3,253	1,037	54.69	10.59	$188,887
Oct 2005	2,520	0	58.34	13.80	$147,017

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.

Apr 2012 — as filed, then multipliedworked

Oil                  174 bbl  × $101.65 =    $17,687
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                  $17,687

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/O/8996 is the state's own key, not one this site invented.