SHELTON, A.L. ESTATE GAS UNIT

Operated by MERIT ENERGY COMPANY (P-5 561136) in the GLENWOOD (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 158537District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Mar 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
363
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 351 leases and 351 wells, and the rule below applies to all of them.

Discovered
1980-12-20
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2017-12-05.

The Commission's schedule remark for this field reads: BE FILED IF THE OPERATOR CHOOSES. THIS IS A UFT FIELD.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111996-08-14134828
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition20,802 bbl$463,843
GasProduction1,328,158 Mcf$4,926,353
Total$5,390,197

160,088 Mcf of this lease's gas, across 9 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 32.5842, -94.8871. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58420, -94.88711 · 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
11,085 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 11,085 ft.

Completions filed
Mar 1996
1 of 1 wells

1 well

42-45930840211,085 ftMar 1996

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 (363)

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

363 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
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 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201501040.162.87$29
Jul 201501848.152.95$53
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140697.406.19$37
Jan 201404590.404.86$219
Dec 20130091.824.35$0
Nov 201302288.853.74$82
Oct 20130097.423.78$0
Sep 20130278104.113.72$1,034
Aug 20130140104.253.52$493
Jul 2013016102.523.72$59
Jun 201307394.403.93$287
May 201304494.834.15$183
Apr 2013025093.964.28$1,071
Mar 2013013393.623.91$520
Feb 2013011191.233.42$380
Jan 2013034391.603.42$1,173
Dec 2012032286.773.42$1,101
Nov 2012026086.953.62$942
Oct 201205289.383.40$177
Sep 20120094.672.92$0
Aug 201203592.662.91$102
Jul 2012033285.133.02$1,003
Jun 201203179.822.52$78
May 201203791.612.49$92
Apr 2012014101.652.00$28
Mar 2012015105.052.22$33
Feb 2012016101.102.57$41
Jan 201202098.092.73$55
Dec 201103496.873.24$110
Nov 2011016595.723.31$546
Oct 201102984.983.65$106
Sep 201101783.623.99$68
Aug 201102083.404.15$83
Jul 201102094.144.52$90
Jun 201101792.904.64$79
May 201103098.134.40$132
Apr 2011025105.964.33$108
Mar 201102496.364.06$97
Feb 201103685.644.18$150
Jan 201102886.504.59$128
Dec 201003885.734.35$165
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201004572.633.98$179
Aug 201009373.684.42$411
Jul 201007372.554.74$346
Jun 201004870.364.91$236
May 201002571.124.24$106
Apr 201003381.694.12$136
Mar 201003478.394.39$149
Feb 201005873.585.44$316
Jan 201002874.365.96$167
Dec 200907271.445.48$395
Nov 20090874.593.75$30
Oct 200902672.544.11$107
Sep 20090265.543.06$6
Aug 200903267.423.22$103
Jul 200904261.133.46$146
Jun 20090266.163.90$8
May 200905354.743.93$208
Apr 200901946.773.59$68
Mar 200901242.144.06$49
Feb 200901932.814.63$88
Jan 200901135.865.37$59
Dec 200802837.105.98$167
Nov 2008013655.496.86$933
Oct 2008240975.246.92$2,982
Sep 20085738101.767.88$6,322
Aug 200863,832114.228.48$33,192
Jul 2008114,084131.0811.39$47,956
Jun 200883,662131.3313.03$48,776
May 200832,161123.1711.57$25,382
Apr 2008143,730110.3110.45$40,541
Mar 200893,856101.909.66$38,182
Feb 200843,42992.538.77$30,444
Jan 200853,90390.388.21$32,479
Dec 200743,85788.337.30$28,517
Nov 200753,95691.677.29$29,304
Oct 200743,97182.856.92$27,819
Sep 200743,84975.846.24$24,337
Aug 200754,17569.066.39$27,015
Jul 200744,12470.906.39$26,627
Jun 200743,86462.007.55$29,415
May 200743,99458.747.85$31,573
Apr 200774,22659.617.81$33,402
Mar 200764,72756.927.30$34,858
Feb 2007164,31855.108.22$36,358
Jan 2007514,76450.306.73$34,612
Dec 2006514,97456.656.92$37,301
Nov 2006304,40954.207.62$35,211
Oct 2006325,23254.906.01$33,221
Sep 2006484,57960.085.04$25,949
Aug 2006294,01468.717.34$31,455
Jul 2006544,98569.376.34$35,365
Jun 2006214,77066.286.38$31,843
May 2006335,06666.016.42$34,727
Apr 2006284,91564.397.36$37,980
Mar 2006714,96456.707.08$39,185
Feb 2006654,70457.597.75$40,205
Jan 2006715,33260.598.93$51,934
Dec 2005644,74854.9413.42$67,212
Nov 2005485,36254.6910.59$59,400
Oct 2005545,14558.3413.80$74,130
Sep 2005425,45061.4512.08$68,411
Aug 2005455,94561.519.80$61,010
Jul 2005445,10655.697.84$42,500
Jun 2005545,39652.337.38$42,654
May 2005375,00245.226.65$34,942
Apr 2005343,91049.207.36$30,452
Mar 2005294,68050.377.15$34,946
Feb 2005244,41945.226.31$28,978
Jan 2005314,87043.166.32$32,127
Dec 2004364,97239.866.75$35,001
Nov 2004414,75745.286.33$31,970
Oct 2004395,17249.706.52$35,634
Sep 2004365,31843.245.28$29,656
Aug 2004425,69442.375.55$33,385
Jul 2004356,07738.286.08$38,313
Jun 2004365,09636.106.43$34,082
May 2004456,21237.486.49$42,031
Apr 2004545,66934.475.86$35,073
Mar 2004616,82534.365.53$39,839
Feb 2004955,55432.455.51$33,683
Jan 2004655,83532.036.30$38,840
Dec 20031217,17030.266.30$48,844
Nov 20031117,26728.804.60$36,590
Oct 2003797,70828.174.76$38,913
Sep 2003187,94226.314.75$38,193
Aug 2003646,98629.765.13$37,741
Jul 2003968,89329.415.17$48,808
Jun 2003457,46628.565.98$45,954
May 2003375,14026.595.97$31,683
Apr 2003467,88326.675.41$43,852
Mar 20031017,85031.146.10$50,999
Feb 20031015,55133.487.93$47,378
Jan 2003627,53030.315.58$43,912
Dec 20021008,05926.914.85$41,807
Nov 20021026,56824.664.14$29,687
Oct 2002908,06226.464.23$36,477
Sep 20021128,22527.443.64$32,973
Aug 20021527,88225.963.16$28,886
Jul 20021137,50024.583.06$25,741
Jun 20021177,57223.733.34$28,054
May 20021599,17824.663.58$36,815
Apr 20021197,60623.653.51$29,529
Mar 20021728,08222.003.10$28,860
Feb 2002786,49818.222.38$16,858
Jan 2002967,39117.172.38$19,207
Dec 2001849,31216.932.36$23,439
Nov 2001749,12618.072.41$23,290
Oct 2001778,42919.782.53$22,839
Sep 2001789,25724.262.25$22,733
Aug 2001726,40224.873.05$21,337
Jul 2001917,41323.933.20$25,878
Jun 2001866,56824.563.82$27,229
May 2001965,93625.524.31$28,018
Apr 200115910,09124.685.34$57,763
Mar 200138,98824.545.38$48,397
Feb 20011379,14727.755.77$56,553
Jan 20011517,96827.478.40$71,069
Dec 20001037,88726.889.12$74,718
Nov 20001368,72932.215.66$53,769
Oct 20002389,84631.235.15$58,095
Sep 20001228,46231.875.19$47,776
Aug 200013910,06729.644.54$49,832
Jul 20001189,90028.534.09$43,855
Jun 20001379,92029.304.40$47,635
May 200016310,22027.263.68$42,050
Apr 200014310,38024.513.12$35,849
Mar 20001839,78328.422.86$33,178
Feb 200021011,23627.622.73$36,435
Jan 200020110,16125.272.48$30,284
Dec 199921911,29224.282.42$32,686
Nov 199918010,85823.192.43$30,602
Oct 199920111,24020.982.80$35,731
Sep 199919212,16021.752.62$36,021
Aug 199921613,01819.262.88$41,595
Jul 199918212,16017.892.37$32,104
Jun 199924912,62615.942.36$33,793
May 199926414,29315.792.32$37,343
Apr 199919111,95715.102.21$29,286
Mar 19992329,93812.471.84$21,162
Feb 19992009,6669.981.82$19,567
Jan 199926511,00710.381.90$23,663
Dec 199838911,9559.201.77$24,779
Nov 19983049,68710.892.19$24,484
Oct 199836612,33112.421.97$28,828
Sep 19982197,01812.592.08$17,373
Aug 199835512,74611.301.91$28,323
Jul 199844613,64711.742.24$35,768
Jun 199838915,49111.242.24$39,030
May 199854316,28212.622.21$42,776
Apr 199851115,87213.042.51$46,428
Mar 199849516,88912.802.31$45,340
Feb 199842713,46113.952.30$36,905
Jan 199815514,34214.702.15$33,183
Dec 199716814,58716.322.41$37,912
Nov 199716715,68418.193.09$51,474
Oct 199718617,65619.253.15$59,194
Sep 199718818,35117.742.95$57,560
Aug 199722719,58017.862.55$54,076
Jul 199736519,54817.582.25$50,340
Jun 199736019,39117.242.26$49,976
May 199739119,54918.972.31$52,546
Apr 199742918,45417.882.08$46,106
Mar 199743218,71318.951.94$44,474
Feb 199731814,44520.492.21$38,380
Jan 19971918,14723.483.54$33,323
Dec 19960023.32$0
Nov 19962028,79521.97$4,438
Oct 199630514,83823.31$7,110
Sep 199630315,16522.22$6,733
Aug 199628718,37720.26$5,815
Jul 199632320,39219.55$6,315
Jun 199642722,87918.73$7,998
May 199652626,34319.43$10,220
Apr 199666331,71421.51$14,261
Mar 1996571,58519.38$1,105

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.

Aug 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 40.16 =         $0
Gas                   10 Mcf  × $  2.87 =        $29

────────────────────────────────────────────────────
Month total                                      $29

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/158537 is the state's own key, not one this site invented.