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 196036District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
Jan 2003 – May 2026
Value, last 12 filed months
$90 k
at the published price for each month
Months reported
281
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 Gas112003-12-09153844
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
CondensateDisposition4,983 bbl$379,443
GasProduction1,197,263 Mcf$6,333,939
Total$6,713,382

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 32.5931, -94.8781. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59310, -94.87807 · 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
11,160 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 11,160 ft.

Completions filed
Jun 2003
1 of 1 wells

1 well

42-45931144411,160 ftJun 2003

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 (281)

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

281 months

May 202632,032106.413.05$6,508
Apr 202631,96598.932.87$5,936
Mar 202642,18789.753.15$7,247
Feb 202621,90663.503.75$7,275
Jan 202621,84259.138.00$14,850
Dec 202531,89056.664.41$8,511
Nov 202531,89958.593.93$7,632
Oct 202521,92059.383.30$6,464
Sep 202521,80562.743.08$5,679
Aug 202532,24963.933.01$6,972
Jul 202522,07266.743.32$7,003
Jun 202521,72666.483.13$5,533
May 202521,96160.553.23$6,460
Apr 202521,92362.363.54$6,938
Mar 202541,99667.704.27$8,790
Feb 202521,76570.884.34$7,803
Jan 202531,87674.324.28$8,250
Dec 202421,86268.993.12$5,950
Nov 202421,89469.052.20$4,302
Oct 202421,94571.372.28$4,580
Sep 202421,88869.612.36$4,603
Aug 202422,01675.632.06$4,312
Jul 202421,99879.932.15$4,449
Jun 202421,97678.082.63$5,361
May 202431,99878.812.20$4,629
Apr 202421,99084.451.66$3,471
Mar 202421,80880.301.55$2,954
Feb 202431,67176.091.78$3,209
Jan 202431,82473.023.30$6,234
Dec 202311,63571.262.61$4,340
Nov 202311,68377.892.81$4,803
Oct 202321,87085.443.09$5,944
Sep 202311,88689.042.74$5,247
Aug 202311,85780.522.67$5,044
Jul 202321,68274.852.64$4,593
Jun 202331,55168.962.26$3,710
May 202301,88370.622.23$4,194
Apr 202331,92778.122.24$4,547
Mar 202331,85072.852.39$4,646
Feb 202331,81475.112.47$4,698
Jan 202331,79676.533.39$6,314
Dec 202202,22576.415.73$12,747
Nov 202231,72985.005.65$10,017
Oct 202232,21387.185.86$13,238
Sep 202222,17284.888.16$17,901
Aug 202231,87694.529.13$17,406
Jul 202202,162101.587.54$16,306
Jun 202222,480115.097.98$20,014
May 202222,083109.378.43$17,785
Apr 202251,848104.226.84$13,157
Mar 202202,102108.885.08$10,671
Feb 202232,20991.054.86$11,006
Jan 202232,13381.844.54$9,924
Dec 202152,41371.323.90$9,765
Nov 202122,02777.435.24$10,770
Oct 202102,30879.795.71$13,188
Sep 202131,98969.865.35$10,853
Aug 202132,38166.024.22$10,247
Jul 202132,46670.783.98$10,032
Jun 202122,56669.493.38$8,814
May 202102,18863.483.02$6,603
Apr 202111,13660.362.76$3,194
Mar 202121,43861.302.72$4,030
Feb 202131,77857.805.55$10,038
Jan 202132,39050.412.81$6,868
Dec 202032,39044.642.68$6,528
Nov 202022,35038.772.71$6,438
Oct 202022,34336.972.48$5,881
Sep 202022,34537.091.99$4,743
Aug 202032,45039.982.39$5,963
Jul 202032,65538.371.83$4,961
Jun 202032,72034.901.69$4,702
May 202023,21116.921.81$5,861
Apr 202032,18014.751.80$3,978
Mar 202021,35230.341.86$2,570
Feb 202021,33449.881.98$2,742
Jan 202031,33657.252.09$2,970
Dec 2019152,24959.012.30$6,068
Nov 201922,06955.302.75$5,802
Oct 201922,29253.472.42$5,650
Sep 201922,31955.052.66$6,272
Aug 201922,51453.112.30$5,899
Jul 201932,49856.272.46$6,314
Jun 201932,55252.782.49$6,516
May 201932,40158.482.74$6,755
Apr 201922,44662.632.75$6,853
Mar 201951,91756.803.06$6,154
Feb 201932,41050.852.79$6,882
Jan 201942,80746.033.23$9,246
Dec 201822,10146.594.19$8,887
Nov 2018031252.934.24$1,322
Oct 201822,31661.443.40$7,993
Sep 201842,40559.543.11$7,713
Aug 201822,20459.403.07$6,878
Jul 201822,14065.142.93$6,405
Jun 201812,22960.183.08$6,919
May 201822,30165.382.90$6,806
Apr 201822,60263.842.90$7,676
Mar 201852,02661.222.79$5,952
Feb 201821,95661.782.77$5,534
Jan 201822,56462.874.01$10,406
Dec 201742,67157.272.92$8,032
Nov 201722,44255.423.12$7,726
Oct 201722,75749.292.98$8,325
Sep 201753,05047.523.09$9,654
Aug 201703,01245.373.00$9,049
Jul 201723,28843.873.09$10,239
Jun 201722,91742.493.09$9,091
May 201723,45045.373.26$11,349
Apr 201723,08047.933.21$9,988
Mar 201723,07046.772.98$9,253
Feb 201753,20250.452.95$9,706
Jan 201752,60349.413.42$9,146
Dec 201623,47448.763.72$13,031
Nov 201652,98642.492.64$8,108
Oct 201633,50146.193.09$10,958
Sep 201653,52241.553.10$11,128
Aug 201633,50441.442.92$10,371
Jul 201663,44341.622.92$10,318
Jun 201633,28745.352.69$8,964
May 2016283,80342.521.99$8,762
Apr 2016143,71536.561.99$7,909
Mar 2016273,73833.011.79$7,597
Feb 2016273,48826.472.06$7,913
Jan 2016434,05527.352.36$10,764
Dec 2015302,53232.362.00$6,038
Nov 2015141,25938.792.17$3,272
Oct 2015141,19543.552.43$3,509
Sep 2015252,26742.992.76$7,328
Aug 2015232,72140.162.87$8,740
Jul 2015303,17248.152.95$10,786
Jun 2015173,80656.152.88$11,927
May 2015173,35855.212.96$10,863
Apr 2015503,83149.822.71$12,860
Mar 2015214,14142.892.93$13,053
Feb 201504,10544.662.98$12,217
Jan 201502,50443.433.10$7,764
Dec 201401,68954.693.59$6,066
Nov 2014481,43970.464.25$9,500
Oct 2014403,10378.303.90$15,237
Sep 2014391,39886.164.05$9,016
Aug 2014392,89689.394.04$15,172
Jul 2014393,34896.564.18$17,759
Jun 2014402,48598.164.74$15,698
May 2014401,41194.734.73$10,458
Apr 2014372,26295.944.81$14,428
Mar 2014463,25295.895.06$20,856
Feb 2014242,47897.406.19$17,681
Jan 2014222,30090.404.86$13,168
Dec 2013462,05491.824.35$13,168
Nov 2013232,70588.853.74$12,156
Oct 2013243,07497.423.78$13,956
Sep 2013242,149104.113.72$10,488
Aug 2013242,105104.253.52$9,917
Jul 2013421,970102.523.72$11,630
Jun 201302,56194.403.93$10,073
May 2013413,33594.834.15$17,725
Apr 2013204,02393.964.28$19,108
Mar 2013212,37193.623.91$11,243
Feb 2013383,18591.233.42$14,359
Jan 2013393,17191.603.42$14,417
Dec 2012213,42686.773.42$13,540
Nov 2012453,52686.953.62$16,694
Oct 2012233,60989.383.40$14,325
Sep 2012223,87994.672.92$13,403
Aug 2012444,09292.662.91$15,977
Jul 2012231,96385.133.02$7,888
Jun 2012243,14179.822.52$9,828
May 2012243,33291.612.49$10,490
Apr 2012503,208101.652.00$11,488
Mar 2012254,410105.052.22$12,426
Feb 2012473,680101.102.57$14,210
Jan 2012493,06398.092.73$13,181
Dec 2011443,93196.873.24$16,998
Nov 2011453,07495.723.31$14,486
Oct 2011223,26384.983.65$13,775
Sep 2011452,79783.623.99$14,911
Aug 2011243,37183.404.15$15,989
Jul 2011463,88294.144.52$21,866
Jun 2011243,33192.904.64$17,685
May 2011754,24898.134.40$26,071
Apr 2011263,948105.964.33$19,863
Mar 2011384,03196.364.06$20,017
Feb 2011513,77185.644.18$20,130
Jan 2011524,71586.504.59$26,134
Dec 2010795,15685.734.35$29,190
Nov 2010464,04880.843.80$19,082
Oct 2010384,21078.103.51$17,740
Sep 2010493,91772.633.98$19,146
Aug 2010485,15273.684.42$26,305
Jul 201003,43072.554.74$16,246
Jun 2010553,90470.364.91$23,040
May 2010844,82071.124.24$26,388
Apr 2010275,19181.694.12$23,607
Mar 2010545,45078.394.39$28,151
Feb 2010263,59673.585.44$21,484
Jan 2010103,52974.365.96$21,791
Dec 2009354,52171.445.48$27,292
Nov 2009223,65974.593.75$15,368
Oct 2009154,03572.544.11$17,673
Sep 2009274,93965.543.06$16,906
Aug 2009132,36267.423.22$8,479
Jul 2009132,62261.133.46$9,879
Jun 2009273,13766.163.90$14,005
May 2009113,62754.743.93$14,841
Apr 2009394,21946.773.59$16,960
Mar 2009234,42642.144.06$18,934
Feb 2009233,74032.814.63$18,082
Jan 2009424,35835.865.37$24,913
Dec 2008494,74537.105.98$30,179
Nov 2008323,66855.496.86$26,939
Oct 2008384,48675.246.92$33,911
Sep 2008254,235101.767.88$35,903
Aug 2008255,075114.228.48$45,907
Jul 2008385,179131.0811.39$63,967
Jun 2008343,362131.3313.03$48,281
May 2008144,250123.1711.57$50,915
Apr 2008625,304110.3110.45$62,292
Mar 2008696,245101.909.66$67,383
Feb 2008724,82492.538.77$48,971
Jan 20081006,15590.388.21$59,544
Dec 2007735,64188.337.30$47,639
Nov 2007955,17391.677.29$46,429
Oct 2007795,67882.856.92$45,848
Sep 2007765,51775.846.24$40,213
Aug 2007965,76469.066.39$43,450
Jul 2007745,94370.906.39$43,210
Jun 2007895,60262.007.55$47,804
May 2007715,95058.747.85$50,856
Apr 20071236,02159.617.81$54,327
Mar 2007966,29856.927.30$51,452
Feb 2007825,31755.108.22$48,203
Jan 20071076,34450.306.73$48,057
Dec 20061106,56656.656.92$51,658
Nov 2006676,31854.207.62$51,759
Oct 2006476,83354.906.01$43,673
Sep 200606,89660.085.04$34,737
Aug 200606,62368.717.34$48,612
Jul 200606,80669.376.34$43,169
Jun 200606,84366.286.38$43,685
May 200607,39266.016.42$47,494
Apr 200607,46164.397.36$54,917
Mar 200607,92756.707.08$56,146
Feb 200607,40757.597.75$57,413
Jan 200608,21760.598.93$73,405
Dec 200508,35154.9413.42$112,032
Nov 200508,54954.6910.59$90,520
Oct 200509,26758.3413.80$127,845
Sep 200508,16061.4512.08$98,565
Aug 200509,89361.519.80$96,920
Jul 200506,55055.697.84$51,376
Jun 200508,89852.337.38$65,676
May 200509,70445.226.65$64,543
Apr 200509,15049.207.36$67,348
Mar 200509,79850.377.15$70,104
Feb 200509,01845.226.31$56,921
Jan 2005010,22643.166.32$64,651
Dec 2004010,43939.866.75$70,475
Nov 2004010,50645.286.33$66,507
Oct 2004011,55749.706.52$75,295
Sep 2004011,39943.245.28$60,231
Aug 2004012,69642.375.55$70,471
Jul 2004014,39038.286.08$87,551
Jun 2004013,90136.106.43$89,425
May 2004014,52237.486.49$94,314
Apr 2004014,98734.475.86$87,801
Mar 2004016,08734.365.53$88,963
Feb 2004015,47332.455.51$85,250
Jan 2004017,46832.036.30$110,042
Dec 2003018,73530.266.30$118,061
Nov 2003020,07928.804.60$92,266
Oct 2003022,19128.174.76$105,621
Sep 2003024,40026.314.75$115,884
Aug 2003025,73029.765.13$131,988
Jul 2003031,81729.415.17$164,521
Jun 200305,87928.565.98$35,174
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$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             3 bbl  × $106.41 =       $319
Gas                2,032 Mcf  × $  3.05 =     $6,189

────────────────────────────────────────────────────
Month total                                   $6,508

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/196036 is the state's own key, not one this site invented.