SHELTON

Operated by MERIT ENERGY COMPANY (P-5 561136) in the DOYLE CREEK (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 245820District 06Field 259985002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Jan 2009 – May 2022
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
161
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 89 leases and 89 wells, and the rule below applies to all of them.

Discovered
1983-02-17
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 10-1-94.

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 Gas112009-05-19190689
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
CondensateDisposition97 bbl$4,823
GasProduction1,280,740 Mcf$4,818,880
Total$4,823,704

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 31.5211, -94.9358. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52109, -94.93577 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,057 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
1100.0%
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.
00.0%

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 12,057 ft.

Completions filed
Aug 2021
1 of 1 wells

1 well

42-07331298412,057 ftAug 2021Yes

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 (161)

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

161 months

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 202121070.783.98$1,486
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021020260.362.76$557
Mar 2021040861.302.72$1,109
Feb 2021048457.805.55$2,685
Jan 2021045850.412.81$1,287
Dec 2020066244.642.68$1,771
Nov 2020056038.772.71$1,516
Oct 2020085536.972.48$2,119
Sep 2020085937.091.99$1,710
Aug 2020099339.982.39$2,368
Jul 202001,11638.371.83$2,037
Jun 202001,15634.901.69$1,954
May 202001,38316.921.81$2,510
Apr 202001,68714.751.80$3,044
Mar 202002,48530.341.86$4,613
Feb 202001,89349.881.98$3,749
Jan 202002,55057.252.09$5,342
Dec 201902,72259.012.30$6,272
Nov 201903,40555.302.75$9,366
Oct 201903,14553.472.42$7,606
Sep 201902,92755.052.66$7,778
Aug 201903,87753.112.30$8,934
Jul 201903,85956.272.46$9,493
Jun 201903,44952.782.49$8,592
May 201903,92758.482.74$10,761
Apr 201903,90262.632.75$10,733
Mar 201903,95656.803.06$12,114
Feb 201903,57650.852.79$9,985
Jan 201903,84846.033.23$12,422
Dec 201803,88746.594.19$16,269
Nov 201803,87252.934.24$16,407
Oct 201804,10161.443.40$13,936
Sep 201814,13259.543.11$12,902
Aug 201804,26159.403.07$13,067
Jul 201804,35165.142.93$12,757
Jun 201804,08060.183.08$12,554
May 201804,60965.382.90$13,370
Apr 201804,18363.842.90$12,134
Mar 201804,08461.222.79$11,381
Feb 201804,03561.782.77$11,161
Jan 201804,20962.874.01$16,875
Dec 201704,24657.272.92$12,405
Nov 201733,61155.423.12$11,427
Oct 201703,29249.292.98$9,822
Sep 201703,00847.523.09$9,287
Aug 201703,36645.373.00$10,113
Jul 201702,93043.873.09$9,046
Jun 201704,03542.493.09$12,457
May 201703,74645.373.26$12,225
Apr 201704,40647.933.21$14,150
Mar 201703,31946.772.98$9,903
Feb 201703,46050.452.95$10,216
Jan 201703,61249.413.42$12,349
Dec 201604,13348.763.72$15,386
Nov 201604,48342.492.64$11,855
Oct 201604,10746.193.09$12,692
Sep 201604,54841.553.10$14,102
Aug 201604,80841.442.92$14,060
Jul 201604,02141.622.92$11,759
Jun 201604,47145.352.69$12,008
May 201604,78042.521.99$9,517
Apr 201604,62936.561.99$9,217
Mar 201604,76733.011.79$8,552
Feb 201604,61726.472.06$9,528
Jan 201604,93527.352.36$11,668
Dec 2015585,06132.362.00$12,006
Nov 201504,10038.792.17$8,886
Oct 201505,45743.552.43$13,242
Sep 201505,32642.992.76$14,691
Aug 201505,47640.162.87$15,730
Jul 201505,63148.152.95$16,584
Jun 201545,48656.152.88$16,040
May 201505,96455.212.96$17,626
Apr 201505,71749.822.71$15,473
Mar 201505,95742.892.93$17,482
Feb 201505,50944.662.98$16,396
Jan 201506,09843.433.10$18,908
Dec 201406,18754.693.59$22,220
Nov 201406,14070.464.25$26,106
Oct 201406,46278.303.90$25,208
Sep 201406,37786.164.05$25,798
Aug 201406,73089.394.04$27,156
Jul 201407,03396.564.18$29,395
Jun 201406,49498.164.74$30,761
May 201406,78194.734.73$32,051
Apr 201406,63795.944.81$31,918
Mar 201407,03295.895.06$35,559
Feb 201406,37597.406.19$39,474
Jan 201407,22790.404.86$35,128
Dec 201307,41891.824.35$32,302
Nov 201307,35688.853.74$27,499
Oct 201307,52397.423.78$28,432
Sep 201307,478104.113.72$27,801
Aug 201397,821104.253.52$28,489
Jul 201307,753102.523.72$28,824
Jun 201308,03694.403.93$31,609
May 201308,39294.834.15$34,819
Apr 201308,22493.964.28$35,220
Mar 201308,62193.623.91$33,733
Feb 201308,07191.233.42$27,602
Jan 201307,22791.603.42$24,716
Dec 201208,15786.773.42$27,898
Nov 201209,23186.953.62$33,462
Oct 201209,74089.383.40$33,113
Sep 201209,66594.672.92$28,206
Aug 2012010,28692.662.91$29,913
Jul 2012010,32385.133.02$31,184
Jun 2012010,21679.822.52$25,735
May 2012010,66591.612.49$26,538
Apr 2012010,620101.652.00$21,206
Mar 2012011,134105.052.22$24,741
Feb 2012010,579101.102.57$27,191
Jan 2012011,61098.092.73$31,743
Dec 2011011,78096.873.24$38,164
Nov 2011011,72595.723.31$38,825
Oct 2011012,21784.983.65$44,574
Sep 2011012,18183.623.99$48,551
Aug 2011012,63783.404.15$52,435
Jul 2011012,94594.144.52$58,476
Jun 2011012,62892.904.64$58,592
May 2011013,14598.134.40$57,901
Apr 2011013,132105.964.33$56,905
Mar 2011014,04496.364.06$56,981
Feb 2011012,85685.644.18$53,738
Jan 2011014,77586.504.59$67,799
Dec 2010014,12485.734.35$61,408
Nov 2010015,02180.843.80$57,010
Oct 2010015,88478.103.51$55,735
Sep 2010015,67072.633.98$62,358
Aug 2010016,79973.684.42$74,241
Jul 2010017,34372.554.74$82,145
Jun 2010017,20070.364.91$84,459
May 2010017,71871.124.24$75,040
Apr 2010018,43181.694.12$75,985
Mar 2010019,82878.394.39$87,019
Feb 2010018,96473.585.44$103,209
Jan 2010021,42174.365.96$127,757
Dec 2009122,71371.445.48$124,624
Nov 2009023,28774.593.75$87,361
Oct 2009025,11172.544.11$103,212
Sep 2009025,47065.543.06$78,059
Aug 2009028,24067.423.22$90,890
Jul 2009031,06261.133.46$107,614
Jun 2009033,46166.163.90$130,331
May 2009030,50154.743.93$119,739
Apr 2009032,10546.773.59$115,177
Mar 2009030,53742.144.06$123,950
Feb 2009043,60832.814.63$202,036
Jan 2009023,29635.865.37$125,123

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 2021 — as filed, then multipliedworked
Condensate            21 bbl  × $ 70.78 =     $1,486
Gas                    0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                   $1,486

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/245820 is the state's own key, not one this site invented.