SHELDON UNIT

Operated by DECKER OPERATING CO., L.L.C. (P-5 209347) in the HALLIDAY (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26251District 03Field 38274666OilCasinghead gasSaveExport
Value, all time
$14.0 M
Jan 2013 – May 2026
Value, last 12 filed months
$240 k
at the published price for each month
Months reported
161
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 186 leases and 416 wells, and the rule below applies to all of them.

Discovered
1964-05-02
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2010-12-14.

The Commission's schedule remark for this field reads: NOT GO TO 160 , ALLOCATION FORMULA REMAINS 100% WELL

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
OilDisposition173,099 bbl$12,259,189
Casinghead gasProduction528,154 Mcf$1,771,096
Total$14,030,285

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 30.9834, -95.9064. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.98342, -95.90637 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,096 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 9,096 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-313309501H9,096 ftJan 2013

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 (161)

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

161 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20265533,02989.753.15$59,171
Feb 2026342063.503.75$21,717
Jan 2026182059.138.00$10,762
Dec 2025175056.664.41$9,916
Nov 2025193058.593.93$11,308
Oct 2025552059.383.30$32,778
Sep 2025192062.743.08$12,046
Aug 2025366063.933.01$23,398
Jul 2025529066.743.32$35,305
Jun 2025354066.483.13$23,534
May 20255402,78960.553.23$41,712
Apr 20255313,85262.363.54$46,761
Mar 2025539067.704.27$36,490
Feb 2025358070.884.34$25,375
Jan 2025189074.324.28$14,046
Dec 20243322,61768.993.12$31,073
Nov 20245502,82469.052.20$44,186
Oct 20243532,96471.372.28$31,956
Sep 20245643,71469.612.36$48,041
Aug 2024541075.632.06$40,916
Jul 20245543,04979.932.15$50,826
Jun 20245512,78178.082.63$50,347
May 20245363,53578.812.20$50,014
Apr 20245473,38484.451.66$51,809
Mar 20245314,37280.301.55$49,395
Feb 20247204,50276.091.78$62,815
Jan 20247333,63473.023.30$65,507
Dec 20233613,17371.262.61$34,009
Nov 20235363,12177.892.81$50,511
Oct 20235253,92085.443.09$56,958
Sep 20235383,62589.042.74$57,818
Aug 20237034,28580.522.67$68,059
Jul 20235414,38674.852.64$52,081
Jun 20233542,75768.962.26$30,638
May 20237163,91170.622.23$59,275
Apr 20237584,44778.122.24$69,166
Mar 20235764,52772.852.39$52,795
Feb 20233604,23575.112.47$37,482
Jan 20235354,53276.533.39$56,297
Dec 20227284,65776.415.73$82,307
Nov 20228734,46185.005.65$99,393
Oct 20223664,59487.185.86$58,846
Sep 20223714,07684.888.16$64,766
Aug 20227093,52894.529.13$99,215
Jul 20227253,629101.587.54$101,016
Jun 20227320115.097.98$84,246
May 20225380109.378.43$58,841
Apr 20229944,243104.226.84$132,607
Mar 20227210108.885.08$78,502
Feb 2022528091.054.86$48,074
Jan 20223624,83281.844.54$51,552
Dec 20217004,36271.323.90$66,932
Nov 20217054,58277.435.24$78,583
Oct 20217384,54179.795.71$84,832
Sep 20218564,18569.865.35$82,194
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20215492,13069.493.38$45,351
May 20217292,72963.483.02$54,512
Apr 2021720060.362.76$43,459
Mar 2021991061.302.72$60,748
Feb 2021359057.805.55$20,750
Jan 2021375050.412.81$18,904
Dec 2020731044.642.68$32,632
Nov 2020882038.772.71$34,195
Oct 2020534036.972.48$19,742
Sep 20201,084037.091.99$40,206
Aug 2020862039.982.39$34,463
Jul 2020904038.371.83$34,686
Jun 20201,269034.901.69$44,288
May 20200016.921.81$0
Apr 2020180014.751.80$2,655
Mar 20201,082030.341.86$32,828
Feb 2020714049.881.98$35,614
Jan 2020885057.252.09$50,666
Dec 20199113,13359.012.30$60,978
Nov 2019723055.302.75$39,982
Oct 20199032,15753.472.42$53,500
Sep 20197164,08555.052.66$50,271
Aug 20195364,53853.112.30$38,924
Jul 20199023,44156.272.46$59,221
Jun 20198894,10252.782.49$57,140
May 20197196,47358.482.74$59,785
Apr 20197255,37762.632.75$60,197
Mar 20193716,09656.803.06$39,739
Feb 20197296,22050.852.79$54,437
Jan 20197186,01746.033.23$52,474
Dec 20188954,59146.594.19$60,913
Nov 20188464,63852.934.24$64,431
Oct 20188514,38961.443.40$67,200
Sep 20181,2074,34859.543.11$85,378
Aug 201802,42259.403.07$7,427
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018175061.222.79$10,714
Feb 20180061.782.77$0
Jan 20185123,15162.874.01$44,823
Dec 20178405,20757.272.92$63,319
Nov 20178476,45055.423.12$67,054
Oct 20171,1696,39549.292.98$76,701
Sep 20171,0096,74347.523.09$68,765
Aug 20178247,16645.373.00$58,914
Jul 20179996,56143.873.09$64,082
Jun 20171,0116,25342.493.09$62,262
May 20171,0246,09245.373.26$66,340
Apr 20171,2086,19747.933.21$77,802
Mar 20171,0086,28146.772.98$65,885
Feb 20178495,08150.452.95$57,834
Jan 20171,1755,20149.413.42$75,838
Dec 20161,0225,72448.763.72$71,142
Nov 20161,1645,43842.492.64$63,838
Oct 20161,1706,02346.193.09$72,655
Sep 20161,5196,43141.553.10$83,055
Aug 20167206,75841.442.92$49,599
Jul 20161,0946,57141.622.92$64,748
Jun 20161,2684,97945.352.69$70,877
May 20161,2485,21542.521.99$63,448
Apr 20161,2555,71136.561.99$57,254
Mar 20161,2745,38833.011.79$51,721
Feb 20161,2894,81626.472.06$44,058
Jan 20161,4554,81927.352.36$51,188
Dec 20151,4676,16732.362.00$59,815
Nov 20151,4305,42638.792.17$67,230
Oct 20151,5916,51043.552.43$85,085
Sep 20151,3936,20042.992.76$76,987
Aug 20151,7315,43840.162.87$85,138
Jul 20151,5045,41348.152.95$88,359
Jun 20151,7654,78356.152.88$112,893
May 20151,7595,43755.212.96$113,183
Apr 20151,8875,25249.822.71$108,225
Mar 20152,0683,29642.892.93$98,369
Feb 20151,8003,65144.662.98$91,254
Jan 20152,3053,41643.433.10$110,698
Dec 20142,1164,28054.693.59$131,095
Nov 20142,2924,73070.464.25$181,606
Oct 20145132,28878.303.90$49,093
Sep 20141,3692,57486.164.05$128,366
Aug 20141,5782,95089.394.04$152,961
Jul 20142,1193,75696.564.18$220,309
Jun 20141,6093,55098.164.74$174,755
May 20142,3095,32594.734.73$243,901
Apr 20142,1203,26195.944.81$219,075
Mar 20142,1251,37595.895.06$210,719
Feb 20141,7201,93797.406.19$179,522
Jan 20142,6702,19090.404.86$252,013
Dec 20131,9921,31491.824.35$188,627
Nov 20131,0571,28388.853.74$98,711
Oct 20132,4763,32897.423.78$253,790
Sep 20132,0102,194104.113.72$217,418
Aug 20132,7900104.253.52$290,858
Jul 20133,6424,290102.523.72$389,327
Jun 20133,5054,18594.403.93$347,333
May 20134,2998,43294.834.15$442,659
Apr 20135,0697,33193.964.28$507,679
Mar 20136,91910,50093.623.91$688,842
Feb 20138,2977,88591.233.42$783,901
Jan 20135,92811,01591.603.42$580,675

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.

Mar 2026 — as filed, then multipliedworked
Oil                  553 bbl  × $ 89.75 =    $49,632
Casinghead gas     3,029 Mcf  × $  3.15 =     $9,540

────────────────────────────────────────────────────
Month total                                  $59,171

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/26251 is the state's own key, not one this site invented.