GEORGE, C.B.

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 227280District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Dec 2006 – May 2026
Value, last 12 filed months
$223 k
at the published price for each month
Months reported
234
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 Gas112007-10-30178333
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
CondensateDisposition8,823 bbl$666,557
GasProduction588,023 Mcf$2,807,799
Total$3,474,356

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 32.5108, -94.0842. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.51078, -94.08422 · 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
11,000 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 11,000 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-20333663411,000 ftDec 2006

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 (234)

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

234 months

May 20261602,675106.413.05$25,173
Apr 20263313,74098.932.87$43,479
Mar 20264924,83889.753.15$59,394
Feb 20263444,53563.503.75$38,852
Jan 202604,37959.138.00$35,023
Dec 202502,82956.664.41$12,485
Nov 202502,20358.593.93$8,650
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 20250270.884.34$9
Jan 202502974.324.28$124
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 202407478.082.63$195
May 202416342078.812.20$13,769
Apr 202401,43284.451.66$2,376
Mar 202401,68580.301.55$2,604
Feb 202401,60576.091.78$2,863
Jan 202401,64673.023.30$5,428
Dec 202301,77471.262.61$4,631
Nov 202302,49377.892.81$6,999
Oct 202301,06985.443.09$3,300
Sep 202301,01989.042.74$2,787
Aug 202301,15180.522.67$3,076
Jul 202301,21874.852.64$3,218
Jun 202301,17068.962.26$2,642
May 202301,20970.622.23$2,693
Apr 20231721,16878.122.24$16,050
Mar 202301,68772.852.39$4,037
Feb 202301,54675.112.47$3,812
Jan 202301,73276.533.39$5,868
Dec 202201,74976.415.73$10,020
Nov 202201,74785.005.65$9,864
Oct 20221682,96487.185.86$32,026
Sep 2022094584.888.16$7,715
Aug 2022099694.529.13$9,091
Jul 20220662101.587.54$4,993
Jun 20220253115.097.98$2,018
May 20220824109.378.43$6,949
Apr 202201,168104.226.84$7,986
Mar 202201,247108.885.08$6,330
Feb 202201,16691.054.86$5,665
Jan 202201,11381.844.54$5,050
Dec 202101,26771.323.90$4,940
Nov 202101,38877.435.24$7,269
Oct 202101,76379.795.71$10,074
Sep 202101,77769.865.35$9,509
Aug 202101,81966.024.22$7,677
Jul 202101,88070.783.98$7,486
Jun 202101,73569.493.38$5,865
May 202102,21763.483.02$6,690
Apr 202101,41960.362.76$3,914
Mar 202101,88761.302.72$5,127
Feb 202101,75757.805.55$9,748
Jan 202101,89450.412.81$5,323
Dec 20201701,68944.642.68$12,108
Nov 202001,65038.772.71$4,466
Oct 202001,78036.972.48$4,412
Sep 202001,64937.091.99$3,283
Aug 202001,77639.982.39$4,236
Jul 202001,79238.371.83$3,271
Jun 202001,73734.901.69$2,936
May 202001,81216.921.81$3,288
Apr 202001,94314.751.80$3,506
Mar 202001,75730.341.86$3,261
Feb 20201761,66949.881.98$12,085
Jan 202001,80757.252.09$3,785
Dec 201901,81959.012.30$4,192
Nov 201901,79255.302.75$4,929
Oct 201901,87953.472.42$4,544
Sep 201901,83555.052.66$4,876
Aug 201901,90653.112.30$4,392
Jul 201901,86556.272.46$4,588
Jun 201901,83352.782.49$4,566
May 201901,90058.482.74$5,207
Apr 20191701,83662.632.75$15,697
Mar 201901,92556.803.06$5,895
Feb 201901,75650.852.79$4,903
Jan 201901,93546.033.23$6,247
Dec 201801,92846.594.19$8,070
Nov 201801,87952.934.24$7,962
Oct 201801,99061.443.40$6,762
Sep 201801,93459.543.11$6,011
Aug 201802,00659.403.07$6,152
Jul 20181762,02265.142.93$17,393
Jun 201801,97360.183.08$6,071
May 201802,03965.382.90$5,915
Apr 201801,70963.842.90$4,957
Mar 201802,10661.222.79$5,869
Feb 201801,74861.782.77$4,835
Jan 201802,02062.874.01$8,099
Dec 201702,08357.272.92$6,086
Nov 2017971,84855.423.12$11,138
Oct 201701,72049.292.98$5,132
Sep 201701,93847.523.09$5,983
Aug 201701,99045.373.00$5,979
Jul 201701,95243.873.09$6,026
Jun 201701,87042.493.09$5,773
May 201702,17945.373.26$7,111
Apr 201702,13647.933.21$6,860
Mar 20171702,25146.772.98$14,667
Feb 201702,01350.452.95$5,944
Jan 201702,43849.413.42$8,335
Dec 201602,57748.763.72$9,594
Nov 201602,04942.492.64$5,418
Oct 201602,06246.193.09$6,372
Sep 20161582,25641.553.10$13,560
Aug 201602,33941.442.92$6,840
Jul 201602,34841.622.92$6,866
Jun 201602,31845.352.69$6,226
May 201602,27042.521.99$4,520
Apr 201602,71736.561.99$5,410
Mar 201602,60833.011.79$4,679
Feb 20161602,60926.472.06$9,619
Jan 201602,35127.352.36$5,559
Dec 201502,40732.362.00$4,817
Nov 201502,38238.792.17$5,163
Oct 201502,43243.552.43$5,901
Sep 201501,73542.992.76$4,786
Aug 20151812,38340.162.87$14,114
Jul 201501,37548.152.95$4,049
Jun 201501,90556.152.88$5,492
May 201502,32455.212.96$6,868
Apr 201502,23249.822.71$6,041
Mar 201502,43942.892.93$7,158
Feb 201502,13144.662.98$6,342
Jan 20151712,56643.433.10$15,383
Dec 201402,25354.693.59$8,091
Nov 201402,26770.464.25$9,639
Oct 201402,33978.303.90$9,124
Sep 201402,29986.164.05$9,300
Aug 201402,37789.394.04$9,591
Jul 20141782,40096.564.18$27,219
Jun 201402,33798.164.74$11,070
May 201402,39094.734.73$11,296
Apr 201402,32995.944.81$11,200
Mar 201402,32495.895.06$11,752
Feb 201402,47597.406.19$15,325
Jan 20141762,47390.404.86$27,931
Dec 201302,57691.824.35$11,217
Nov 201302,48788.853.74$9,297
Oct 201302,39397.423.78$9,044
Sep 201302,108104.113.72$7,837
Aug 201301,990104.253.52$7,010
Jul 20131631,829102.523.72$23,511
Jun 201301,34494.403.93$5,287
May 201301,77094.834.15$7,344
Apr 201301,96093.964.28$8,394
Mar 20131861,96193.623.91$25,086
Feb 201301,81291.233.42$6,197
Jan 201302,37891.603.42$8,133
Dec 201202,87286.773.42$9,823
Nov 201202,61886.953.62$9,490
Oct 201202,72889.383.40$9,274
Sep 20121812,31094.672.92$23,877
Aug 201202,17792.662.91$6,331
Jul 201202,25885.133.02$6,821
Jun 201202,23579.822.52$5,630
May 201202,37591.612.49$5,910
Apr 20121822,356101.652.00$23,205
Mar 201202,514105.052.22$5,586
Feb 201202,740101.102.57$7,042
Jan 201202,99398.092.73$8,183
Dec 201103,11896.873.24$10,102
Nov 201102,55095.723.31$8,444
Oct 20111802,65284.983.65$24,972
Sep 201102,50583.623.99$9,984
Aug 201102,73883.404.15$11,361
Jul 201102,66794.144.52$12,047
Jun 201102,53192.904.64$11,744
May 20111802,61298.134.40$29,169
Apr 201102,556105.964.33$11,076
Mar 20111822,67196.364.06$28,375
Feb 201104,39485.644.18$18,367
Jan 201103,58686.504.59$16,455
Dec 201002,97085.734.35$12,913
Nov 20101792,95280.843.80$25,674
Oct 201002,64478.103.51$9,278
Sep 201002,36272.633.98$9,400
Aug 201002,54073.684.42$11,225
Jul 20101802,67472.554.74$25,724
Jun 201002,80070.364.91$13,749
May 201003,02471.124.24$12,807
Apr 201002,92181.694.12$12,042
Mar 201002,93378.394.39$12,872
Feb 20101843,39573.585.44$32,016
Jan 201003,25074.365.96$19,383
Dec 200903,29071.445.48$18,042
Nov 20091793,11574.593.75$25,038
Oct 200903,39072.544.11$13,934
Sep 20091813,35965.543.06$22,157
Aug 200903,58467.423.22$11,535
Jul 200903,66461.133.46$12,694
Jun 200903,56066.163.90$13,866
May 20091763,72654.743.93$24,262
Apr 200903,62946.773.59$13,019
Mar 200903,61542.144.06$14,673
Feb 20091813,63932.814.63$22,798
Jan 200904,10235.865.37$22,032
Dec 20081814,65737.105.98$34,551
Nov 200804,14555.496.86$28,436
Oct 200804,30075.246.92$29,765
Sep 20081714,366101.767.88$51,792
Aug 200804,581114.228.48$38,861
Jul 200804,811131.0811.39$54,795
Jun 20081844,795131.3313.03$86,656
May 200805,384123.1711.57$62,316
Apr 20081725,352110.3110.45$74,928
Mar 20081755,732101.909.66$73,227
Feb 200805,57692.538.77$48,905
Jan 20081804,76190.388.21$55,336
Dec 200715,30788.337.30$38,840
Nov 20071725,40891.677.29$55,201
Oct 20071755,86582.856.92$55,096
Sep 200706,26675.846.24$39,126
Aug 20071767,11469.066.39$57,598
Jul 200708,02070.906.39$51,231
Jun 20071837,86562.007.55$70,715
May 20071828,17458.747.85$74,826
Apr 20071788,34659.617.81$75,753
Mar 20073668,99856.927.30$86,536
Feb 200709,83755.108.22$80,821
Jan 200709,24650.306.73$62,196
Dec 2006013,45856.656.92$93,108

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           160 bbl  × $106.41 =    $17,026
Gas                2,675 Mcf  × $  3.05 =     $8,148

────────────────────────────────────────────────────
Month total                                  $25,173

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/227280 is the state's own key, not one this site invented.