STEPHENSON

Operated by SHELBY OPERATING COMPANY (P-5 773678) in the WASKOM (TRAVIS PEAK 6150) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 246247District 06Field 953698962 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Mar 2009 – May 2026
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
207
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 37 leases and 37 wells, and the rule below applies to all of them.

Discovered
1964-05-18
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: EFFECTIVE AUGUST.

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 Gas112011-12-14204085
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
CondensateDisposition3,247 bbl$244,187
GasProduction612,012 Mcf$2,351,811
Total$2,595,999

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 32.4921, -94.0838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49211, -94.08381 · 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
9,600 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 9,600 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-2033264559,600 ftMar 2009

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 (207)

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

207 months

May 20261581,930106.413.05$22,691
Apr 202601,96298.932.87$5,630
Mar 202602,08989.753.15$6,579
Feb 202601,93963.503.75$7,272
Jan 202602,45359.138.00$19,619
Dec 202502,32756.664.41$10,270
Nov 202502,30058.593.93$9,031
Oct 202502,32359.383.30$7,677
Sep 202502,65562.743.08$8,169
Aug 202502,71563.933.01$8,185
Jul 202502,37766.743.32$7,880
Jun 202501,90166.483.13$5,948
May 202502,27860.553.23$7,363
Apr 202501,91262.363.54$6,774
Mar 202501,72367.704.27$7,354
Feb 202501,88770.884.34$8,191
Jan 2025023074.324.28$984
Dec 2024014268.993.12$443
Nov 2024014769.052.20$323
Oct 2024017071.372.28$388
Sep 202417117769.612.36$12,322
Aug 2024019175.632.06$394
Jul 2024020879.932.15$446
Jun 2024026778.082.63$703
May 2024090178.812.20$1,981
Apr 202401,44784.451.66$2,401
Mar 2024055280.301.55$853
Feb 2024037976.091.78$676
Jan 2024039273.023.30$1,293
Dec 2023032071.262.61$835
Nov 2023023977.892.81$671
Oct 2023024585.443.09$756
Sep 2023024989.042.74$681
Aug 2023025780.522.67$687
Jul 2023026674.852.64$703
Jun 2023026968.962.26$608
May 2023028070.622.23$624
Apr 2023027578.122.24$615
Mar 2023028472.852.39$680
Feb 2023031775.112.47$782
Jan 2023032776.533.39$1,108
Dec 2022014476.415.73$825
Nov 2022014285.005.65$802
Oct 2022014587.185.86$850
Sep 2022014284.888.16$1,159
Aug 2022016394.529.13$1,488
Jul 20220166101.587.54$1,252
Jun 20220156115.097.98$1,244
May 20220164109.378.43$1,383
Apr 20220159104.226.84$1,087
Mar 20220164108.885.08$833
Feb 2022014891.054.86$719
Jan 2022011381.844.54$513
Dec 2021018171.323.90$706
Nov 2021018477.435.24$964
Oct 2021018179.795.71$1,034
Sep 2021017669.865.35$942
Aug 2021019366.024.22$815
Jul 202117020470.783.98$12,845
Jun 2021020569.493.38$693
May 2021023763.483.02$715
Apr 2021033160.362.76$913
Mar 2021035561.302.72$965
Feb 2021025557.805.55$1,415
Jan 2021031250.412.81$877
Dec 2020032644.642.68$872
Nov 2020034738.772.71$939
Oct 2020034336.972.48$850
Sep 2020025737.091.99$512
Aug 2020029339.982.39$699
Jul 2020029238.371.83$533
Jun 2020027534.901.69$465
May 2020029316.921.81$532
Apr 2020031014.751.80$559
Mar 2020028330.341.86$525
Feb 2020026749.881.98$529
Jan 2020029557.252.09$618
Dec 2019032459.012.30$747
Nov 2019030555.302.75$839
Oct 2019032253.472.42$779
Sep 2019032855.052.66$872
Aug 201917032553.112.30$9,778
Jul 2019030656.272.46$753
Jun 2019025952.782.49$645
May 2019026458.482.74$723
Apr 201906462.632.75$176
Mar 2019024056.803.06$735
Feb 2019076450.852.79$2,133
Jan 201901,12746.033.23$3,638
Dec 201801,01246.594.19$4,236
Nov 201801,03552.934.24$4,386
Oct 201801,13261.443.40$3,847
Sep 201801,04559.543.11$3,248
Aug 201801,14059.403.07$3,496
Jul 201801,17665.142.93$3,448
Jun 201801,15160.183.08$3,542
May 201801,07365.382.90$3,113
Apr 201801,20263.842.90$3,487
Mar 201801,25161.222.79$3,486
Feb 201801,08561.782.77$3,001
Jan 201801,27862.874.01$5,124
Dec 201701,36557.272.92$3,988
Nov 201701,28855.423.12$4,016
Oct 201701,13849.292.98$3,395
Sep 201701,19947.523.09$3,702
Aug 20171671,27545.373.00$11,407
Jul 2017201,16543.873.09$4,474
Jun 201701,13842.493.09$3,513
May 201701,20345.373.26$3,926
Apr 201701,11747.933.21$3,587
Mar 201701,22246.772.98$3,646
Feb 201701,11150.452.95$3,280
Jan 201701,20149.413.42$4,106
Dec 201601,31348.763.72$4,888
Nov 201601,24542.492.64$3,292
Oct 201601,34446.193.09$4,153
Sep 201601,25341.553.10$3,885
Aug 201601,26841.442.92$3,708
Jul 201601,25541.622.92$3,670
Jun 201601,28845.352.69$3,459
May 201601,21942.521.99$2,427
Apr 201601,23736.561.99$2,463
Mar 201601,30833.011.79$2,347
Feb 201601,27026.472.06$2,621
Jan 201601,23327.352.36$2,915
Dec 201501,33432.362.00$2,670
Nov 20151701,05238.792.17$8,874
Oct 201501,21243.552.43$2,941
Sep 201501,20642.992.76$3,327
Aug 201501,29040.162.87$3,706
Jul 201501,42748.152.95$4,203
Jun 201501,44356.152.88$4,160
May 201501,48655.212.96$4,392
Apr 201502,36549.822.71$6,401
Mar 201501,87342.892.93$5,497
Feb 201501,62444.662.98$4,833
Jan 201501,91443.433.10$5,935
Dec 201401,69854.693.59$6,098
Nov 201401,83570.464.25$7,802
Oct 201401,65778.303.90$6,464
Sep 201417648186.164.05$17,110
Aug 201401,28689.394.04$5,189
Jul 201401,92196.564.18$8,029
Jun 201401,80798.164.74$8,560
May 201401,94594.734.73$9,193
Apr 201401,91295.944.81$9,195
Mar 201402,10995.895.06$10,665
Feb 201401,92697.406.19$11,926
Jan 201402,12590.404.86$10,329
Dec 201302,22291.824.35$9,676
Nov 201302,13888.853.74$7,992
Oct 201302,53597.423.78$9,581
Sep 20131661,507104.113.72$22,885
Aug 201302,270104.253.52$7,996
Jul 201302,361102.523.72$8,778
Jun 201302,37094.403.93$9,322
May 201302,52694.834.15$10,481
Apr 201302,46493.964.28$10,552
Mar 201302,54293.623.91$9,947
Feb 201302,38791.233.42$8,163
Jan 201302,61991.603.42$8,957
Dec 201202,68886.773.42$9,193
Nov 20121782,68086.953.62$25,192
Oct 201202,89189.383.40$9,828
Sep 201202,88794.672.92$8,425
Aug 201203,00992.662.91$8,751
Jul 201203,16885.133.02$9,570
Jun 201203,20579.822.52$8,074
May 201203,55891.612.49$8,853
Apr 201203,304101.652.00$6,597
Mar 201203,397105.052.22$7,548
Feb 20121793,179101.102.57$26,268
Jan 201203,62898.092.73$9,919
Dec 201103,61196.873.24$11,699
Nov 201103,99095.723.31$13,212
Oct 201104,26684.983.65$15,565
Sep 201104,29783.623.99$17,127
Aug 201104,62483.404.15$19,186
Jul 201104,85394.144.52$21,922
Jun 20111604,78792.904.64$37,075
May 201105,21798.134.40$22,980
Apr 201105,320105.964.33$23,053
Mar 201105,95296.364.06$24,149
Feb 201105,50485.644.18$23,007
Jan 20111686,47386.504.59$44,235
Dec 201006,91585.734.35$30,065
Nov 201007,10680.843.80$26,970
Oct 201007,45978.103.51$26,173
Sep 201007,87472.633.98$31,334
Aug 201008,58973.684.42$37,958
Jul 20101769,63672.554.74$58,410
Jun 2010010,18670.364.91$50,017
May 2010011,74471.124.24$49,738
Apr 201017613,20781.694.12$68,826
Mar 2010015,59078.394.39$68,419
Feb 2010015,88373.585.44$86,441
Jan 201016812,51474.365.96$87,127
Dec 200909,28671.445.48$50,922
Nov 200917112,56274.593.75$59,881
Oct 2009022,11772.544.11$90,906
Sep 2009019,27365.543.06$59,067
Aug 200917718,55567.423.22$71,653
Jul 2009020,08661.133.46$69,588
Jun 200917221,97366.163.90$96,964
May 200913027,79654.743.93$116,236
Apr 20092432,60746.773.59$118,100
Mar 2009038,33142.144.06$155,586

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           158 bbl  × $106.41 =    $16,813
Gas                1,930 Mcf  × $  3.05 =     $5,878

────────────────────────────────────────────────────
Month total                                  $22,691

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/246247 is the state's own key, not one this site invented.