SHOULTS, E. C.

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) 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 160319District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Sep 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
357
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 Gas111996-11-15135359
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
CondensateDisposition194 bbl$12,819
GasProduction536,760 Mcf$1,642,887
Total$1,655,707

100,033 Mcf of this lease's gas, across 4 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 32.5646, -94.8837. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56462, -94.88367 · 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
10,968 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 10,968 ft.

Completions filed
Sep 1996
1 of 1 wells

1 well

42-18331233110,968 ftSep 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 (357)

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

357 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 20240180.301.55$2
Feb 20240276.091.78$4
Jan 20240173.023.30$3
Dec 20230371.262.61$8
Nov 20230477.892.81$11
Oct 20230585.443.09$15
Sep 20230689.042.74$16
Aug 20230480.522.67$11
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 20200336.972.48$7
Sep 202005137.091.99$102
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202002316.921.81$42
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202001249.881.98$24
Jan 202001057.252.09$21
Dec 201901659.012.30$37
Nov 201901355.302.75$36
Oct 201901553.472.42$36
Sep 201901855.052.66$48
Aug 201902353.112.30$53
Jul 2019025856.272.46$635
Jun 201901852.782.49$45
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 201911550.852.79$93
Jan 201915246.033.23$214
Dec 201815546.594.19$277
Nov 201815852.934.24$299
Oct 201816861.443.40$293
Sep 201817059.543.11$277
Aug 201819459.403.07$348
Jul 201817965.142.93$297
Jun 201817260.183.08$282
May 201818165.382.90$300
Apr 201818163.842.90$299
Mar 201818561.222.79$298
Feb 201817861.782.77$278
Jan 201817962.874.01$380
Dec 201717557.272.92$276
Nov 201717355.423.12$283
Oct 201718349.292.98$297
Sep 201717347.523.09$273
Aug 201716545.373.00$241
Jul 201717443.873.09$272
Jun 201717042.493.09$259
May 201717045.373.26$274
Apr 201717647.933.21$292
Mar 201718646.772.98$303
Feb 201718450.452.95$298
Jan 2017110649.413.42$412
Dec 201618548.763.72$365
Nov 201618542.492.64$267
Oct 201619146.193.09$327
Sep 201618841.553.10$314
Aug 201619241.442.92$310
Jul 201619541.622.92$319
Jun 2016110045.352.69$314
May 2016111042.521.99$262
Apr 201619836.561.99$232
Mar 201619433.011.79$202
Feb 201619026.472.06$212
Jan 2016110227.352.36$269
Dec 2015111332.362.00$259
Nov 2015111038.792.17$277
Oct 2015111643.552.43$325
Sep 2015110742.992.76$338
Aug 201517640.162.87$258
Jul 201518948.152.95$310
Jun 201518456.152.88$298
May 201506955.212.96$204
Apr 2015010149.822.71$273
Mar 20150042.892.93$0
Feb 201508644.662.98$256
Jan 201508543.433.10$264
Dec 201407954.693.59$284
Nov 20140270.464.25$9
Oct 20140278.303.90$8
Sep 20140386.164.05$12
Aug 20140389.394.04$12
Jul 201401696.564.18$67
Jun 201405298.164.74$246
May 2014048894.734.73$2,307
Apr 20140095.944.81$0
Mar 201407195.895.06$359
Feb 201406297.406.19$384
Jan 201407690.404.86$369
Dec 201307291.824.35$314
Nov 201306288.853.74$232
Oct 201306597.423.78$246
Sep 2013064104.113.72$238
Aug 2013062104.253.52$218
Jul 2013066102.523.72$245
Jun 201307194.403.93$279
May 201307094.834.15$290
Apr 201307593.964.28$321
Mar 201307193.623.91$278
Feb 201307691.233.42$260
Jan 201309591.603.42$325
Dec 201209486.773.42$322
Nov 2012010586.953.62$381
Oct 2012022489.383.40$762
Sep 201206394.672.92$184
Aug 201205692.662.91$163
Jul 201205785.133.02$172
Jun 201205179.822.52$128
May 201205391.612.49$132
Apr 2012050101.652.00$100
Mar 2012054105.052.22$120
Feb 2012049101.102.57$126
Jan 201205998.092.73$161
Dec 201106496.873.24$207
Nov 201105995.723.31$195
Oct 201106384.983.65$230
Sep 201106883.623.99$271
Aug 201105683.404.15$232
Jul 201106294.144.52$280
Jun 201106792.904.64$311
May 201107498.134.40$326
Apr 2011076105.964.33$329
Mar 2011012696.364.06$511
Feb 201106985.644.18$288
Jan 2011014786.504.59$675
Dec 2010032685.734.35$1,417
Nov 2010011680.843.80$440
Oct 2010016278.103.51$568
Sep 2010014672.633.98$581
Aug 2010013073.684.42$575
Jul 2010013772.554.74$649
Jun 2010014270.364.91$697
May 2010016671.124.24$703
Apr 2010032281.694.12$1,328
Mar 2010014478.394.39$632
Feb 2010013073.585.44$708
Jan 2010015474.365.96$918
Dec 2009015571.445.48$850
Nov 2009215174.593.75$716
Oct 2009916672.544.11$1,335
Sep 2009711065.543.06$796
Aug 2009814867.423.22$1,016
Jul 2009814561.133.46$991
Jun 2009817966.163.90$1,226
May 2009928154.743.93$1,596
Apr 20091016746.773.59$1,067
Mar 2009916242.144.06$1,037
Feb 2009913432.814.63$916
Jan 20091015935.865.37$1,213
Dec 2008718337.105.98$1,354
Nov 2008514355.496.86$1,258
Oct 2008517075.246.92$1,553
Sep 20085151101.767.88$1,698
Aug 20085164114.228.48$1,962
Jul 20086168131.0811.39$2,700
Jun 20086194131.3313.03$3,316
May 20089193123.1711.57$3,342
Apr 20081170110.3110.45$1,888
Mar 20084176101.909.66$2,108
Feb 2008316892.538.77$1,751
Jan 2008416390.388.21$1,699
Dec 2007015288.337.30$1,110
Nov 2007015691.677.29$1,138
Oct 2007017182.856.92$1,184
Sep 2007018575.846.24$1,155
Aug 2007018869.066.39$1,201
Jul 2007038970.906.39$2,485
Jun 2007025162.007.55$1,895
May 2007026058.747.85$2,040
Apr 2007046559.617.81$3,629
Mar 2007035356.927.30$2,578
Feb 2007030655.108.22$2,514
Jan 2007024950.306.73$1,675
Dec 2006046156.656.92$3,189
Nov 2006041654.207.62$3,169
Oct 2006053254.906.01$3,199
Sep 2006081860.085.04$4,120
Aug 2006057268.717.34$4,198
Jul 2006045769.376.34$2,899
Jun 2006055366.286.38$3,530
May 200601,66366.016.42$10,685
Apr 200602,02064.397.36$14,868
Mar 200602,18056.707.08$15,441
Feb 200602,71357.597.75$21,029
Jan 200602,53360.598.93$22,628
Dec 200501,47354.9413.42$19,761
Nov 200501,87854.6910.59$19,885
Oct 200502,25658.3413.80$31,123
Sep 200501,78661.4512.08$21,573
Aug 200502,04561.519.80$20,035
Jul 200502,13855.697.84$16,770
Jun 2005087252.337.38$6,436
May 2005016645.226.65$1,104
Apr 2005032749.207.36$2,407
Mar 2005030550.377.15$2,182
Feb 2005037545.226.31$2,367
Jan 2005047643.166.32$3,009
Dec 200401,66339.866.75$11,227
Nov 200401,82945.286.33$11,578
Oct 200401,96249.706.52$12,783
Sep 200401,81843.245.28$9,606
Aug 200402,24642.375.55$12,467
Jul 200402,03738.286.08$12,393
Jun 200401,53236.106.43$9,855
May 200401,97637.486.49$12,833
Apr 200401,97534.475.86$11,570
Mar 2004030534.365.53$1,687
Feb 200401,57632.455.51$8,683
Jan 200402,44132.036.30$15,377
Dec 200302,76330.266.30$17,411
Nov 200302,23528.804.60$10,270
Oct 200302,36128.174.76$11,238
Sep 200302,39726.314.75$11,384
Aug 200302,45829.765.13$12,609
Jul 200302,68729.415.17$13,894
Jun 200302,40028.565.98$14,359
May 200302,65026.595.97$15,828
Apr 200302,58726.675.41$13,989
Mar 200302,80331.146.10$17,087
Feb 200302,66233.487.93$21,099
Jan 200303,14630.315.58$17,561
Dec 200203,18526.914.85$15,459
Nov 200202,98424.664.14$12,345
Oct 200202,24926.464.23$9,511
Sep 200202,02927.443.64$7,376
Aug 200202,15825.963.16$6,828
Jul 200202,18924.583.06$6,702
Jun 200202,14523.733.34$7,161
May 200202,54224.663.58$9,111
Apr 200202,28223.653.51$8,015
Mar 200203,11522.003.10$9,665
Feb 200202,53618.222.38$6,025
Jan 200202,95517.172.38$7,020
Dec 200102,94016.932.36$6,951
Nov 200102,83518.072.41$6,820
Oct 200102,39419.782.53$6,054
Sep 200102,81624.262.25$6,340
Aug 200104,57224.873.05$13,959
Jul 200103,03323.933.20$9,697
Jun 200102,41924.563.82$9,251
May 200102,55225.524.31$10,992
Apr 200102,67524.685.34$14,272
Mar 200103,60924.545.38$19,404
Feb 200103,11027.755.77$17,936
Jan 200103,01927.478.40$25,356
Dec 200003,23926.889.12$29,548
Nov 200002,51632.215.66$14,236
Oct 200003,15431.235.15$16,229
Sep 200002,32431.875.19$12,053
Aug 200003,05329.644.54$13,863
Jul 200003,45428.534.09$14,126
Jun 200002,98629.304.40$13,130
May 200003,40427.263.68$12,526
Apr 200002,46924.513.12$7,693
Mar 200004,96028.422.86$14,184
Feb 200003,83927.622.73$10,467
Jan 200004,08025.272.48$10,120
Dec 199902,83724.282.42$6,876
Nov 199906,63823.192.43$16,157
Oct 199905,83320.982.80$16,354
Sep 199904,21921.752.62$11,049
Aug 199904,59519.262.88$13,213
Jul 199904,51017.892.37$10,699
Jun 199904,72315.942.36$11,156
May 199904,86315.792.32$11,287
Apr 199904,63015.102.21$10,223
Mar 199904,65312.471.84$8,554
Feb 199903,7169.981.82$6,755
Jan 199904910.381.90$93
Dec 19980369.201.77$64
Nov 1998049010.892.19$1,071
Oct 199801812.421.97$35
Sep 199801,00012.592.08$2,083
Aug 199803,67111.301.91$7,002
Jul 199805,18911.742.24$11,609
Jun 199805,15811.242.24$11,540
May 199804,81512.622.21$10,624
Apr 199806,30813.042.51$15,804
Mar 199806,59012.802.31$15,219
Feb 199805,07913.952.30$11,677
Jan 199807,44414.702.15$16,040
Dec 199707,18716.322.41$17,329
Nov 199708,94018.193.09$27,609
Oct 1997011,11819.253.15$35,020
Sep 1997011,01017.742.95$32,533
Aug 1997012,40017.862.55$31,679
Jul 1997013,37417.582.25$30,051
Jun 1997010,22217.242.26$23,073
May 1997010,35518.972.31$23,905
Apr 1997010,75017.882.08$22,390
Mar 1997011,84218.951.94$22,963
Feb 1997011,58720.492.21$25,560
Jan 1997016,23023.483.54$57,449
Dec 1996016,60023.32$0
Nov 1996019,41721.97$0
Oct 1996028,55423.31$0
Sep 1996035,46222.22$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.

Mar 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.30 =         $0
Gas                    1 Mcf  × $  1.55 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/160319 is the state's own key, not one this site invented.