SHELBY

Name: SHELBY lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HOPEWELL OPERATING, INC. (P-5 399624) in the WASKOM (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 129453District 06Field 95369160NGPA filingCondensateGasSave Export

Value, all time

$1.1 M

Jan 1993 – Jan 2010

Value, last 12 filed months

at the published price for each month

Months reported

205

no gaps in the span

Streams

condensate, gas

The WASKOM (COTTON VALLEY) 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 473 leases and 477 wells, and the rule below applies to all of them.

Discovered

1955-09-19

as the register files it

Field class

Oil and gas

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 40 acres. The field rule took effect on 2012-11-06.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
Condensate	Disposition	850 bbl	$21,323
Gas	Production	399,747 Mcf	$1,079,345
Total			$1,100,668

157,707 Mcf of this lease's gas, across 48 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 (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 32.4702, -94.0684. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47019, -94.06837 · 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

0.0%

0 of 1 wells

Median depth

9,595 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

1100.0%

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.

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 9,595 ft.

Completions filed

Aug 2011

1 of 1 wells

1 well


42-20331717	2	9,595 ft	Aug 2011	—	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 (205)

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

205 months


Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	53	0	90.38	8.21	$4,790
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	22	66.01	6.42	$141
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	1,414	60.59	8.93	$12,632
Dec 2005	0	3,032	54.94	13.42	$40,675
Nov 2005	0	1,103	54.69	10.59	$11,679
Oct 2005	0	2,203	58.34	13.80	$30,392
Sep 2005	0	1,649	61.45	12.08	$19,918
Aug 2005	0	2,341	61.51	9.80	$22,934
Jul 2005	0	1,483	55.69	7.84	$11,632
Jun 2005	0	1,745	52.33	7.38	$12,880
May 2005	0	2,354	45.22	6.65	$15,657
Apr 2005	0	1,303	49.20	7.36	$9,591
Mar 2005	0	1,496	50.37	7.15	$10,704
Feb 2005	0	1,293	45.22	6.31	$8,161
Jan 2005	0	1,673	43.16	6.32	$10,577
Dec 2004	0	1,550	39.86	6.75	$10,464
Nov 2004	0	1,411	45.28	6.33	$8,932
Oct 2004	54	1,415	49.70	6.52	$11,903
Sep 2004	0	1,078	43.24	5.28	$5,696
Aug 2004	0	1,339	42.37	5.55	$7,432
Jul 2004	0	1,509	38.28	6.08	$9,181
Jun 2004	3	1,742	36.10	6.43	$11,315
May 2004	0	1,746	37.48	6.49	$11,340
Apr 2004	0	2,159	34.47	5.86	$12,648
Mar 2004	0	2,157	34.36	5.53	$11,929
Feb 2004	0	2,879	32.45	5.51	$15,862
Jan 2004	0	3,880	32.03	6.30	$24,443
Dec 2003	0	1,298	30.26	6.30	$8,180
Nov 2003	0	1,211	28.80	4.60	$5,565
Oct 2003	0	1,170	28.17	4.76	$5,569
Sep 2003	0	1,249	26.31	4.75	$5,932
Aug 2003	0	1,238	29.76	5.13	$6,351
Jul 2003	0	1,504	29.41	5.17	$7,777
Jun 2003	0	1,336	28.56	5.98	$7,993
May 2003	0	1,547	26.59	5.97	$9,240
Apr 2003	0	1,600	26.67	5.41	$8,652
Mar 2003	0	1,780	31.14	6.10	$10,851
Feb 2003	0	2,889	33.48	7.93	$22,898
Jan 2003	0	2,341	30.31	5.58	$13,068
Dec 2002	0	3,535	26.91	4.85	$17,158
Nov 2002	0	1,987	24.66	4.14	$8,220
Oct 2002	0	2,244	26.46	4.23	$9,490
Sep 2002	0	1,893	27.44	3.64	$6,881
Aug 2002	0	2,736	25.96	3.16	$8,657
Jul 2002	0	1,437	24.58	3.06	$4,400
Jun 2002	0	1,493	23.73	3.34	$4,984
May 2002	0	1,517	24.66	3.58	$5,437
Apr 2002	0	1,516	23.65	3.51	$5,325
Mar 2002	0	1,598	22.00	3.10	$4,958
Feb 2002	0	1,483	18.22	2.38	$3,523
Jan 2002	0	1,741	17.17	2.38	$4,136
Dec 2001	0	1,768	16.93	2.36	$4,180
Nov 2001	0	1,923	18.07	2.41	$4,626
Oct 2001	0	2,050	19.78	2.53	$5,184
Sep 2001	0	2,324	24.26	2.25	$5,232
Aug 2001	0	2,706	24.87	3.05	$8,262
Jul 2001	0	2,471	23.93	3.20	$7,900
Jun 2001	0	2,723	24.56	3.82	$10,413
May 2001	79	2,779	25.52	4.31	$13,986
Apr 2001	0	2,876	24.68	5.34	$15,344
Mar 2001	0	2,918	24.54	5.38	$15,688
Feb 2001	0	2,986	27.75	5.77	$17,221
Jan 2001	0	3,669	27.47	8.40	$30,815
Dec 2000	0	4,336	26.88	9.12	$39,555
Nov 2000	0	3,021	32.21	5.66	$17,093
Oct 2000	0	3,983	31.23	5.15	$20,495
Sep 2000	0	3,969	31.87	5.19	$20,585
Aug 2000	0	3,991	29.64	4.54	$18,122
Jul 2000	0	3,821	28.53	4.09	$15,627
Jun 2000	0	3,072	29.30	4.40	$13,508
May 2000	0	3,463	27.26	3.68	$12,743
Apr 2000	0	3,316	24.51	3.12	$10,333
Mar 2000	0	6,602	28.42	2.86	$18,880
Feb 2000	0	8,624	27.62	2.73	$23,513
Jan 2000	0	1,164	25.27	2.48	$2,887
Dec 1999	0	1,161	24.28	2.42	$2,814
Nov 1999	0	1,341	23.19	2.43	$3,264
Oct 1999	0	1,394	20.98	2.80	$3,908
Sep 1999	0	1,071	21.75	2.62	$2,805
Aug 1999	143	1,342	19.26	2.88	$6,613
Jul 1999	0	1,253	17.89	2.37	$2,973
Jun 1999	0	1,325	15.94	2.36	$3,130
May 1999	0	1,387	15.79	2.32	$3,219
Apr 1999	0	1,279	15.10	2.21	$2,824
Mar 1999	0	1,394	12.47	1.84	$2,563
Feb 1999	0	1,295	9.98	1.82	$2,354
Jan 1999	0	1,570	10.38	1.90	$2,983
Dec 1998	0	1,857	9.20	1.77	$3,293
Nov 1998	0	1,517	10.89	2.19	$3,316
Oct 1998	0	1,681	12.42	1.97	$3,310
Sep 1998	0	2,964	12.59	2.08	$6,173
Aug 1998	0	1,633	11.30	1.91	$3,115
Jul 1998	0	1,688	11.74	2.24	$3,777
Jun 1998	0	1,585	11.24	2.24	$3,546
May 1998	0	1,581	12.62	2.21	$3,488
Apr 1998	0	1,828	13.04	2.51	$4,580
Mar 1998	0	1,732	12.80	2.31	$4,000
Feb 1998	0	1,704	13.95	2.30	$3,918
Jan 1998	0	2,010	14.70	2.15	$4,331
Dec 1997	0	2,453	16.32	2.41	$5,914
Nov 1997	0	3,013	18.19	3.09	$9,305
Oct 1997	0	3,127	19.25	3.15	$9,849
Sep 1997	0	3,244	17.74	2.95	$9,586
Aug 1997	0	4,497	17.86	2.55	$11,489
Jul 1997	0	3,425	17.58	2.25	$7,696
Jun 1997	0	1,758	17.24	2.26	$3,968
May 1997	0	1,992	18.97	2.31	$4,599
Apr 1997	0	2,099	17.88	2.08	$4,372
Mar 1997	0	2,368	18.95	1.94	$4,592
Feb 1997	0	2,854	20.49	2.21	$6,296
Jan 1997	0	4,744	23.48	3.54	$16,792
Dec 1996	0	4,138	23.32	—	$0
Nov 1996	0	1,488	21.97	—	$0
Oct 1996	0	1,643	23.31	—	$0
Sep 1996	0	1,626	22.22	—	$0
Aug 1996	0	1,823	20.26	—	$0
Jul 1996	0	1,887	19.55	—	$0
Jun 1996	0	1,824	18.73	—	$0
May 1996	0	1,953	19.43	—	$0
Apr 1996	171	1,892	21.51	—	$3,678
Mar 1996	0	2,072	19.38	—	$0
Feb 1996	0	1,821	16.98	—	$0
Jan 1996	0	2,192	17.07	—	$0
Dec 1995	0	2,226	17.19	—	$0
Nov 1995	0	2,461	16.00	—	$0
Oct 1995	0	2,472	15.43	—	$0
Sep 1995	0	2,639	16.18	—	$0
Aug 1995	0	3,244	15.92	—	$0
Jul 1995	0	4,530	15.24	—	$0
Jun 1995	0	4,371	16.41	—	$0
May 1995	0	4,959	17.56	—	$0
Apr 1995	0	5,719	17.73	—	$0
Mar 1995	0	7,685	16.44	—	$0
Feb 1995	0	1,920	16.58	—	$0
Jan 1995	0	2,194	15.92	—	$0
Dec 1994	169	2,127	15.03	—	$2,540
Nov 1994	0	2,056	15.90	—	$0
Oct 1994	0	2,306	15.58	—	$0
Sep 1994	0	2,316	15.29	—	$0
Aug 1994	0	2,463	16.13	—	$0
Jul 1994	0	2,531	17.56	—	$0
Jun 1994	0	2,552	17.09	—	$0
May 1994	0	2,764	15.88	—	$0
Apr 1994	0	2,694	14.14	—	$0
Mar 1994	0	2,990	12.46	—	$0
Feb 1994	0	2,824	12.50	—	$0
Jan 1994	0	3,494	12.66	—	$0
Dec 1993	0	3,543	12.33	—	$0
Nov 1993	0	3,563	14.49	—	$0
Oct 1993	0	4,717	15.85	—	$0
Sep 1993	0	5,137	15.03	—	$0
Aug 1993	0	6,325	15.66	—	$0
Jul 1993	178	5,527	15.46	—	$2,752
Jun 1993	0	5,261	16.79	—	$0
May 1993	0	5,673	17.68	—	$0
Apr 1993	0	7,419	18.05	—	$0
Mar 1993	0	3,513	18.14	—	$0
Feb 1993	0	3,525	17.90	—	$0
Jan 1993	0	3,608	16.93	—	$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.

Jan 2008 — as filed, then multipliedworked

Condensate            53 bbl  × $ 90.38 =     $4,790
Gas                    0 Mcf  × $  8.21 =         $0

────────────────────────────────────────────────────
Month total                                   $4,790

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. 06/G/129453 is the state's own key, not one this site invented.