STEPHENSON

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 199041District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Nov 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
271
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

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 Gas112004-03-01155491
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
CondensateDisposition5,930 bbl$369,074
GasProduction730,521 Mcf$4,894,175
Total$5,263,249

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 32.4986, -94.0839. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49856, -94.08390 · 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
9,650 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 9,650 ft.

Completions filed
Nov 2003
1 of 1 wells

1 well

42-2033282669,650 ftNov 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 (271)

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

271 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 2022690101.587.54$7,009
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 20210650.412.81$17
Dec 202001044.642.68$27
Nov 202004838.772.71$130
Oct 2020014336.972.48$354
Sep 2020012737.091.99$253
Aug 2020014339.982.39$341
Jul 2020014138.371.83$257
Jun 2020013134.901.69$221
May 2020013416.921.81$243
Apr 2020014914.751.80$269
Mar 2020012730.341.86$236
Feb 2020011249.881.98$222
Jan 2020011557.252.09$241
Dec 201909459.012.30$217
Nov 201909655.302.75$264
Oct 2019011553.472.42$278
Sep 2019013355.052.66$353
Aug 2019015353.112.30$353
Jul 2019013556.272.46$332
Jun 2019013552.782.49$336
May 2019013258.482.74$362
Apr 2019012562.632.75$344
Mar 2019012256.803.06$374
Feb 2019012750.852.79$355
Jan 2019014446.033.23$465
Dec 2018014046.594.19$586
Nov 2018016552.934.24$699
Oct 2018059661.443.40$2,025
Sep 2018032359.543.11$1,004
Aug 2018046059.403.07$1,411
Jul 2018044865.142.93$1,313
Jun 2018027860.183.08$855
May 2018045465.382.90$1,317
Apr 2018039463.842.90$1,143
Mar 2018058561.222.79$1,630
Feb 201805061.782.77$138
Jan 20180362.874.01$12
Dec 20170557.272.92$15
Nov 2017134055.423.12$7,426
Oct 201701249.292.98$36
Sep 201701,22447.523.09$3,779
Aug 2017042745.373.00$1,283
Jul 201703,70943.873.09$11,451
Jun 201702,90042.493.09$8,953
May 201704,39045.373.26$14,326
Apr 201704,17347.933.21$13,402
Mar 201702,00146.772.98$5,970
Feb 2017023850.452.95$703
Jan 2017029549.413.42$1,009
Dec 2016030448.763.72$1,132
Nov 2016029742.492.64$785
Oct 2016033246.193.09$1,026
Sep 2016032941.553.10$1,020
Aug 2016030441.442.92$889
Jul 201614429041.622.92$6,841
Jun 2016026345.352.69$706
May 2016025042.521.99$498
Apr 2016015036.561.99$299
Mar 2016025233.011.79$452
Feb 2016025826.472.06$532
Jan 2016041527.352.36$981
Dec 2015041332.362.00$827
Nov 2015057638.792.17$1,248
Oct 2015056143.552.43$1,361
Sep 2015030342.992.76$836
Aug 2015030140.162.87$865
Jul 2015020948.152.95$616
Jun 201501,44356.152.88$4,160
May 2015020655.212.96$609
Apr 2015024949.822.71$674
Mar 2015032042.892.93$939
Feb 2015036144.662.98$1,074
Jan 2015056043.433.10$1,736
Dec 2014045054.693.59$1,616
Nov 2014041770.464.25$1,773
Oct 2014036878.303.90$1,436
Sep 2014033986.164.05$1,371
Aug 2014034889.394.04$1,404
Jul 2014034196.564.18$1,425
Jun 2014032198.164.74$1,521
May 2014043694.734.73$2,061
Apr 2014022795.944.81$1,092
Mar 2014013695.895.06$688
Feb 2014069097.406.19$4,272
Jan 201401,09890.404.86$5,337
Dec 201301,15691.824.35$5,034
Nov 2013099388.853.74$3,712
Oct 2013054097.423.78$2,041
Sep 20130211104.113.72$784
Aug 20130181104.253.52$638
Jul 20130114102.523.72$424
Jun 2013012594.403.93$492
May 2013013894.834.15$573
Apr 2013012993.964.28$552
Mar 2013010293.623.91$399
Feb 201308991.233.42$304
Jan 2013010591.603.42$359
Dec 201209986.773.42$339
Nov 2012010486.953.62$377
Oct 2012014189.383.40$479
Sep 2012011994.672.92$347
Aug 2012011892.662.91$343
Jul 2012012885.133.02$387
Jun 2012013579.822.52$340
May 2012015791.612.49$391
Apr 20120187101.652.00$373
Mar 20120224105.052.22$498
Feb 20120513101.102.57$1,319
Jan 2012054098.092.73$1,476
Dec 201101,68896.873.24$5,469
Nov 201102,80695.723.31$9,291
Oct 20111742,98984.983.65$25,692
Sep 201102,28583.623.99$9,108
Aug 201102,49483.404.15$10,348
Jul 201102,18994.144.52$9,888
Jun 201101,29492.904.64$6,004
May 201102,56498.134.40$11,294
Apr 20111702,196105.964.33$27,529
Mar 201101,93296.364.06$7,839
Feb 201101,01185.644.18$4,226
Jan 20111903,18386.504.59$31,041
Dec 201003,48585.734.35$15,152
Nov 201002,99180.843.80$11,352
Oct 201002,62878.103.51$9,221
Sep 201002,78472.633.98$11,079
Aug 20101593,05173.684.42$25,199
Jul 201003,29572.554.74$15,607
Jun 20101853,07470.364.91$28,111
May 201002,56371.124.24$10,855
Apr 201002,48981.694.12$10,261
Mar 201002,62678.394.39$11,525
Feb 20101902,56573.585.44$27,940
Jan 201002,88274.365.96$17,189
Dec 200903,02271.445.48$16,572
Nov 200902,81674.593.75$10,564
Oct 20091942,73872.544.11$25,327
Sep 200902,83665.543.06$8,692
Aug 200903,03767.423.22$9,775
Jul 200903,15261.133.46$10,920
Jun 20091823,09966.163.90$24,112
May 200903,41054.743.93$13,387
Apr 20091943,33346.773.59$21,031
Mar 200903,33142.144.06$13,521
Feb 200902,82932.814.63$13,107
Jan 20091713,61235.865.37$25,532
Dec 200803,65137.105.98$21,823
Nov 200803,71155.496.86$25,459
Oct 20081823,87975.246.92$40,544
Sep 200801,815101.767.88$14,297
Aug 200803,966114.228.48$33,644
Jul 20081865,091131.0811.39$82,364
Jun 200803,546131.3313.03$46,214
May 200805,220123.1711.57$60,418
Apr 200803,919110.3110.45$40,973
Mar 20081796,284101.909.66$78,969
Feb 200806,12592.538.77$53,720
Jan 200815,40090.388.21$44,401
Dec 200714,13688.337.30$30,289
Nov 200718728591.677.29$19,220
Oct 200705782.856.92$395
Sep 2007013875.846.24$862
Aug 200703,68269.066.39$23,520
Jul 200701,37070.906.39$8,751
Jun 200702,79062.007.55$21,060
May 200703,36858.747.85$26,426
Apr 200704,60159.617.81$35,912
Mar 200706,14056.927.30$44,834
Feb 200706,42155.108.22$52,755
Jan 200709,03950.306.73$60,804
Dec 200609,47356.656.92$65,538
Nov 200608,18454.207.62$62,341
Oct 20061869,27754.906.01$66,001
Sep 200609,56660.085.04$48,186
Aug 200609,95768.717.34$73,084
Jul 20061829,37769.376.34$72,101
Jun 200606,60666.286.38$42,172
May 200606,40566.016.42$41,152
Apr 200607,34364.397.36$54,048
Mar 200604,75356.707.08$33,665
Feb 200606,90457.597.75$53,514
Jan 200617610,85460.598.93$107,626
Dec 2005011,70554.9413.42$157,027
Nov 200518511,81054.6910.59$135,167
Oct 2005012,66758.3413.80$174,751
Sep 2005012,82261.4512.08$154,877
Aug 200515013,42561.519.80$140,749
Jul 200517814,12355.697.84$120,689
Jun 2005014,24852.337.38$105,165
May 2005015,30245.226.65$101,776
Apr 200516915,37949.207.36$121,512
Mar 200518716,57250.377.15$127,990
Feb 200518315,66545.226.31$107,151
Jan 2005018,23243.166.32$115,266
Dec 200418118,20539.866.75$130,118
Nov 2004017,30045.286.33$109,516
Oct 200417217,91449.706.52$125,260
Sep 200418317,75643.245.28$101,734
Aug 2004018,56142.375.55$103,026
Jul 200418018,48738.286.08$119,369
Jun 200417419,53136.106.43$131,925
May 200436626,14037.486.49$183,486
Apr 20041865,96434.475.86$41,351
Mar 200408,41934.365.53$46,558
Feb 2004012,23232.455.51$67,394
Jan 2004015,67932.036.30$98,772
Dec 2003017,83630.266.30$112,396
Nov 200306,30328.804.60$28,963

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.

Jul 2022 — as filed, then multipliedworked
Condensate            69 bbl  × $101.58 =     $7,009
Gas                    0 Mcf  × $  7.54 =         $0

────────────────────────────────────────────────────
Month total                                   $7,009

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/199041 is the state's own key, not one this site invented.