EDGAR

Operated by SHELBY OPERATING COMPANY (P-5 773678) 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 17278District 06Field 95369160CondensateGasSaveExport
Value, all time
$334 k
Jan 1993 – May 2026
Value, last 12 filed months
$695
at the published price for each month
Months reported
401
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 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

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
CondensateDisposition687 bbl$14,693
GasProduction148,401 Mcf$319,415
Total$334,108

66,750 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.

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
8,614 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 8,614 ft.

Completions filed
Mar 1956
1 of 1 wells

1 well

42-3658000618,614 ftMar 1956

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 (401)

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

401 months

May 2026017106.413.05$52
Apr 20260598.932.87$14
Mar 202601589.753.15$47
Feb 20260063.503.75$0
Jan 202601759.138.00$136
Dec 202501756.664.41$75
Nov 202501758.593.93$67
Oct 202501659.383.30$53
Sep 202501362.743.08$40
Aug 202501763.933.01$51
Jul 202503266.743.32$106
Jun 202501766.483.13$53
May 202501560.553.23$48
Apr 202501762.363.54$60
Mar 20250867.704.27$34
Feb 202501670.884.34$69
Jan 202501774.324.28$73
Dec 202401568.993.12$47
Nov 202401969.052.20$42
Oct 202402571.372.28$57
Sep 202401669.612.36$38
Aug 202401675.632.06$33
Jul 202402679.932.15$56
Jun 202402478.082.63$63
May 202402978.812.20$64
Apr 202402384.451.66$38
Mar 202401980.301.55$29
Feb 202401276.091.78$21
Jan 202401173.023.30$36
Dec 202301971.262.61$50
Nov 202301877.892.81$51
Oct 202301785.443.09$52
Sep 202301889.042.74$49
Aug 202302080.522.67$53
Jul 202301774.852.64$45
Jun 202301468.962.26$32
May 202302270.622.23$49
Apr 202301778.122.24$38
Mar 202301372.852.39$31
Feb 202302075.112.47$49
Jan 202302476.533.39$81
Dec 20220676.415.73$34
Nov 202202085.005.65$113
Oct 202201787.185.86$100
Sep 202201284.888.16$98
Aug 202202094.529.13$183
Jul 2022017101.587.54$128
Jun 2022016115.097.98$128
May 2022022109.378.43$186
Apr 2022018104.226.84$123
Mar 2022023108.885.08$117
Feb 202201791.054.86$83
Jan 202202181.844.54$95
Dec 202102071.323.90$78
Nov 202101977.435.24$100
Oct 202104079.795.71$229
Sep 202102869.865.35$150
Aug 202101966.024.22$80
Jul 202102770.783.98$108
Jun 202103469.493.38$115
May 202102963.483.02$88
Apr 202103860.362.76$105
Mar 202103861.302.72$103
Feb 202102857.805.55$155
Jan 202104550.412.81$126
Dec 202002744.642.68$72
Nov 202004238.772.71$114
Oct 202004236.972.48$104
Sep 202003337.091.99$66
Aug 202002239.982.39$52
Jul 202001538.371.83$27
Jun 202002634.901.69$44
May 202002116.921.81$38
Apr 202001514.751.80$27
Mar 202002630.341.86$48
Feb 202004549.881.98$89
Jan 20200257.252.09$4
Dec 201904559.012.30$104
Nov 20190455.302.75$11
Oct 201902053.472.42$48
Sep 201908255.052.66$218
Aug 201907553.112.30$173
Jul 201907556.272.46$185
Jun 201905852.782.49$144
May 201908258.482.74$225
Apr 201907062.632.75$193
Mar 20190056.803.06$0
Feb 201901950.852.79$53
Jan 201902446.033.23$77
Dec 201803846.594.19$159
Nov 201803452.934.24$144
Oct 201803961.443.40$133
Sep 201805859.543.11$180
Aug 2018010359.403.07$316
Jul 2018011965.142.93$349
Jun 2018010160.183.08$311
May 201803665.382.90$104
Apr 201802263.842.90$64
Mar 201803261.222.79$89
Feb 201805761.782.77$158
Jan 201801862.874.01$72
Dec 201706857.272.92$199
Nov 201706655.423.12$206
Oct 201709649.292.98$286
Sep 201705247.523.09$161
Aug 201706345.373.00$189
Jul 201701143.873.09$34
Jun 201703742.493.09$114
May 201703545.373.26$114
Apr 201702447.933.21$77
Mar 201704246.772.98$125
Feb 201702150.452.95$62
Jan 201702449.413.42$82
Dec 201601948.763.72$71
Nov 201602342.492.64$61
Oct 201604546.193.09$139
Sep 201602441.553.10$74
Aug 201602041.442.92$58
Jul 201601941.622.92$56
Jun 201602445.352.69$64
May 201602242.521.99$44
Apr 20160036.561.99$0
Mar 201604533.011.79$81
Feb 201601626.472.06$33
Jan 201601027.352.36$24
Dec 201502732.362.00$54
Nov 201502038.792.17$43
Oct 201504343.552.43$104
Sep 201503042.992.76$83
Aug 201505440.162.87$155
Jul 201504348.152.95$127
Jun 201503256.152.88$92
May 201502455.212.96$71
Apr 201502249.822.71$60
Mar 201503442.892.93$100
Feb 201503044.662.98$89
Jan 201502243.433.10$68
Dec 201401754.693.59$61
Nov 201401870.464.25$77
Oct 201402278.303.90$86
Sep 201402886.164.05$113
Aug 201403389.394.04$133
Jul 20140096.564.18$0
Jun 201402398.164.74$109
May 201402394.734.73$109
Apr 201403295.944.81$154
Mar 201402495.895.06$121
Feb 201401697.406.19$99
Jan 201406290.404.86$301
Dec 201302591.824.35$109
Nov 201301288.853.74$45
Oct 201303897.423.78$144
Sep 201300104.113.72$0
Aug 2013029104.253.52$102
Jul 201300102.523.72$0
Jun 201301794.403.93$67
May 201301994.834.15$79
Apr 201302293.964.28$94
Mar 201302493.623.91$94
Feb 201302091.233.42$68
Jan 201302091.603.42$68
Dec 20120086.773.42$0
Nov 201202386.953.62$83
Oct 201202189.383.40$71
Sep 201201894.672.92$53
Aug 2012027892.662.91$808
Jul 201202585.133.02$76
Jun 201202279.822.52$55
May 201202391.612.49$57
Apr 2012023101.652.00$46
Mar 2012016105.052.22$36
Feb 2012021101.102.57$54
Jan 201201198.092.73$30
Dec 201103296.873.24$104
Nov 201104595.723.31$149
Oct 201108684.983.65$314
Sep 201107883.623.99$311
Aug 2011011383.404.15$469
Jul 2011011194.144.52$501
Jun 2011012892.904.64$594
May 2011011698.134.40$511
Apr 2011074105.964.33$321
Mar 201105896.364.06$235
Feb 201107185.644.18$297
Jan 201106186.504.59$280
Dec 201005485.734.35$235
Nov 201006880.843.80$258
Oct 201005678.103.51$197
Sep 201007572.633.98$298
Aug 201009473.684.42$415
Jul 201007972.554.74$374
Jun 201005170.364.91$250
May 201007371.124.24$309
Apr 201006881.694.12$280
Mar 201006078.394.39$263
Feb 201005673.585.44$305
Jan 201004974.365.96$292
Dec 200904271.445.48$230
Nov 200903474.593.75$128
Oct 200904172.544.11$169
Sep 200906465.543.06$196
Aug 200905667.423.22$180
Jul 200904361.133.46$149
Jun 200903366.163.90$129
May 200903654.743.93$141
Apr 200902946.773.59$104
Mar 20090842.144.06$32
Feb 200901632.814.63$74
Jan 200902035.865.37$107
Dec 200803237.105.98$191
Nov 200805655.496.86$384
Oct 200802175.246.92$145
Sep 2008043101.767.88$339
Aug 2008074114.228.48$628
Jul 2008093131.0811.39$1,059
Jun 20080104131.3313.03$1,355
May 20080149123.1711.57$1,725
Apr 2008053110.3110.45$554
Mar 2008034101.909.66$329
Feb 200801792.538.77$149
Jan 200801290.388.21$98
Dec 200708288.337.30$599
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 200737075.846.24$2,806
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006025860.598.93$2,305
Dec 2005027354.9413.42$3,662
Nov 2005023754.6910.59$2,509
Oct 2005031458.3413.80$4,332
Sep 2005029161.4512.08$3,515
Aug 2005023561.519.80$2,302
Jul 2005017855.697.84$1,396
Jun 2005020952.337.38$1,543
May 2005014045.226.65$931
Apr 2005049449.207.36$3,636
Mar 2005012050.377.15$859
Feb 2005011445.226.31$720
Jan 200503743.166.32$234
Dec 200405739.866.75$385
Nov 20040045.286.33$0
Oct 2004022349.706.52$1,453
Sep 2004018043.245.28$951
Aug 2004035442.375.55$1,965
Jul 2004036638.286.08$2,227
Jun 2004034436.106.43$2,213
May 2004037437.486.49$2,429
Apr 2004033334.475.86$1,951
Mar 2004037534.365.53$2,074
Feb 2004030532.455.51$1,680
Jan 2004031532.036.30$1,984
Dec 2003029630.266.30$1,865
Nov 2003044528.804.60$2,045
Oct 2003068428.174.76$3,256
Sep 2003060426.314.75$2,869
Aug 2003068029.765.13$3,488
Jul 2003070029.415.17$3,620
Jun 2003061328.565.98$3,668
May 2003046726.595.97$2,789
Apr 2003043626.675.41$2,358
Mar 2003047631.146.10$2,902
Feb 2003037033.487.93$2,933
Jan 2003041330.315.58$2,305
Dec 2002042326.914.85$2,053
Nov 2002031124.664.14$1,287
Oct 2002050626.464.23$2,140
Sep 2002050527.443.64$1,836
Aug 2002052525.963.16$1,661
Jul 2002052224.583.06$1,598
Jun 2002060423.733.34$2,016
May 2002056524.663.58$2,025
Apr 2002044223.653.51$1,552
Mar 2002033122.003.10$1,027
Feb 2002037718.222.38$896
Jan 2002044417.172.38$1,055
Dec 2001040116.932.36$948
Nov 2001048918.072.41$1,176
Oct 2001039919.782.53$1,009
Sep 2001051324.262.25$1,155
Aug 2001057224.873.05$1,746
Jul 2001055023.933.20$1,758
Jun 2001072024.563.82$2,753
May 2001070925.524.31$3,054
Apr 2001053524.685.34$2,854
Mar 2001068324.545.38$3,672
Feb 2001077227.755.77$4,452
Jan 200101,47427.478.40$12,380
Dec 200001,42626.889.12$13,009
Nov 2000070732.215.66$4,000
Oct 200001,48631.235.15$7,646
Sep 2000084931.875.19$4,403
Aug 200001,73929.644.54$7,896
Jul 200001,69828.534.09$6,944
Jun 200001,58729.304.40$6,978
May 200001,43127.263.68$5,266
Apr 2000097624.513.12$3,041
Mar 2000090428.422.86$2,585
Feb 2000064627.622.73$1,761
Jan 2000043025.272.48$1,067
Dec 199901,29724.282.42$3,144
Nov 199902,02623.192.43$4,931
Oct 199902,68620.982.80$7,531
Sep 199902,90821.752.62$7,616
Aug 199901,79919.262.88$5,173
Jul 19990017.892.37$0
Jun 1999017215.942.36$406
May 199904115.792.32$95
Apr 199901215.102.21$27
Mar 1999925212.471.84$1,243
Feb 199901289.981.82$233
Jan 1999049110.381.90$933
Dec 199804609.201.77$816
Nov 1998029710.892.19$649
Oct 1998048412.421.97$953
Sep 1998020312.592.08$423
Aug 1998013211.301.91$252
Jul 199801,03011.742.24$2,304
Jun 199801,00011.242.24$2,237
May 1998090812.622.21$2,003
Apr 199801,22113.042.51$3,059
Mar 199801,57412.802.31$3,635
Feb 199801,44813.952.30$3,329
Jan 199801,16614.702.15$2,512
Dec 199701,12316.322.41$2,708
Nov 1997095918.193.09$2,962
Oct 199701,20119.253.15$3,783
Sep 199701,04617.742.95$3,091
Aug 199701,16017.862.55$2,964
Jul 199701,08717.582.25$2,442
Jun 1997099717.242.26$2,250
May 199701,05318.972.31$2,431
Apr 199701,08117.882.08$2,251
Mar 199701,09318.951.94$2,119
Feb 1997093520.492.21$2,063
Jan 1997086923.483.54$3,076
Dec 199619087823.32$4,431
Nov 199601,50621.97$0
Oct 199601,63423.31$0
Sep 199601,59222.22$0
Aug 199601,56020.26$0
Jul 199601,32919.55$0
Jun 199601,36618.73$0
May 1996094319.43$0
Apr 199601,25321.51$0
Mar 199601,78419.38$0
Feb 199601,74216.98$0
Jan 199601,96517.07$0
Dec 199501,70217.19$0
Nov 1995089016.00$0
Oct 199501,25015.43$0
Sep 199501,09416.18$0
Aug 199501,58415.92$0
Jul 1995079415.24$0
Jun 199501,77916.41$0
May 199502,08117.56$0
Apr 199501,59217.73$0
Mar 199514995116.44$2,450
Feb 199501,03916.58$0
Jan 19954438815.92$700
Dec 1994069315.03$0
Nov 1994066515.90$0
Oct 199402,23915.58$0
Sep 199402,66015.29$0
Aug 199401,26116.13$0
Jul 199401,58617.56$0
Jun 199402,06117.09$0
May 199401,26915.88$0
Apr 199401,07314.14$0
Mar 199401,45912.46$0
Feb 199401,24612.50$0
Jan 199401,61412.66$0
Dec 199301,87712.33$0
Nov 199301,62814.49$0
Oct 199301,18315.85$0
Sep 199301,10915.03$0
Aug 199301,14315.66$0
Jul 1993074115.46$0
Jun 199301,31116.79$0
May 199301,58417.68$0
Apr 19931751,67718.05$3,159
Mar 199302,00318.14$0
Feb 1993086817.90$0
Jan 199301,10416.93$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   17 Mcf  × $  3.05 =        $52

────────────────────────────────────────────────────
Month total                                      $52

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/17278 is the state's own key, not one this site invented.