SHELTON, CHARLES H. FEE.

Operated by ERG OPERATING COMPANY, INC. (P-5 253339) in the GOOSE CREEK field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12331District 03Field 35862001OilCasinghead gasSaveExport
Value, all time
$257 k
Jan 1993 – Sep 2004
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
141
no gaps in the span
Streams
2
oil, casinghead 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 141 leases and 588 wells, and the rule below applies to all of them.

Discovered
1906-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres. The field rule took effect on 2011-08-01.

The Commission's schedule remark for this field reads: SUSPENDEDAND ALL OVERPRODUCTION CANCELLED.

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
OilDisposition15,212 bbl$257,357
Casinghead gasProduction63 Mcf$42
Total$257,399

45 Mcf of this lease's gas, across 45 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 29.7164, -94.9776. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.71642, -94.97761 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
2,556 ft
2 wells filed one
Completion to plug
18.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 2,100 and 3,012 ft, median 2,556 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1979 – Mar 1992
2 of 2 wells
Plug dates filed
Mar 2004
2 of 2 wells

Last completion to plug: a median of 18.4 years across the 2 wells that filed both dates, with the middle half between 15.2 years and 21.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-201322471A2,100 ftMar 1992Mar 2004Yes
42-2018252613,012 ftJun 1979Mar 2004Yes

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 (141)

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

141 months

Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004149034.475.86$5,136
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002151027.443.64$4,143
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002163023.733.34$3,868
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002154017.172.38$2,644
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001161024.563.82$3,954
May 20010025.524.31$0
Apr 2001174024.685.34$4,294
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001161027.478.40$4,423
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 200051029.304.40$1,494
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 200097025.272.48$2,451
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999104021.752.62$2,262
Aug 19990019.262.88$0
Jul 199921117.892.37$378
Jun 1999133015.942.36$2,120
May 19990015.792.32$0
Apr 1999145115.102.21$2,192
Mar 1999167012.471.84$2,082
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998019.201.77$2
Nov 1998174010.892.19$1,895
Oct 1998166012.421.97$2,062
Sep 19980012.592.08$0
Aug 1998517111.301.91$5,844
Jul 19980011.742.24$0
Jun 19980111.242.24$2
May 1998165012.622.21$2,082
Apr 1998333113.042.51$4,345
Mar 19980112.802.31$2
Feb 19980113.952.30$2
Jan 19980114.702.15$2
Dec 19970016.322.41$0
Nov 19970118.193.09$3
Oct 1997157019.253.15$3,022
Sep 19970017.742.95$0
Aug 1997348117.862.55$6,218
Jul 1997317117.582.25$5,575
Jun 1997170117.242.26$2,933
May 19970118.972.31$2
Apr 19970117.882.08$2
Mar 199723118.951.94$438
Feb 19970120.492.21$2
Jan 1997151123.483.54$3,549
Dec 19960123.32$0
Nov 1996188121.97$4,130
Oct 1996100123.31$2,331
Sep 199680122.22$1,778
Aug 1996231120.26$4,680
Jul 19960119.55$0
Jun 1996180118.73$3,371
May 1996172119.43$3,342
Apr 19960021.51$0
Mar 1996160119.38$3,101
Feb 1996126116.98$2,139
Jan 1996179117.07$3,056
Dec 1995189117.19$3,249
Nov 19950116.00$0
Oct 1995143115.43$2,206
Sep 1995128116.18$2,071
Aug 1995194115.92$3,088
Jul 19950115.24$0
Jun 1995170016.41$2,790
May 1995166117.56$2,915
Apr 1995267017.73$4,734
Mar 199554116.44$888
Feb 1995185116.58$3,067
Jan 1995256115.92$4,076
Dec 19940115.03$0
Nov 1994248115.90$3,943
Oct 1994130115.58$2,025
Sep 1994158115.29$2,416
Aug 1994403116.13$6,500
Jul 1994170117.56$2,985
Jun 1994185117.09$3,162
May 1994344115.88$5,463
Apr 199465114.14$919
Mar 1994312112.46$3,888
Feb 1994348112.50$4,350
Jan 1994520112.66$6,583
Dec 1993182112.33$2,244
Nov 1993569114.49$8,245
Oct 1993205115.85$3,249
Sep 1993380115.03$5,711
Aug 1993352115.66$5,512
Jul 1993456115.46$7,050
Jun 1993665116.79$11,165
May 1993450117.68$7,956
Apr 1993520118.05$9,386
Mar 1993298118.14$5,406
Feb 1993422117.90$7,554
Jan 1993310116.93$5,248

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 2004 — as filed, then multipliedworked
Oil                  149 bbl  × $ 34.47 =     $5,136
Casinghead gas         0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $5,136

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. 03/O/12331 is the state's own key, not one this site invented.