SHELTON, J. TOM

Operated by BKV BARNETT, LLC (P-5 72504) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 225423District 09Field 65280200GasSaveExport
Value, all time
$21.1 M
Sep 2006 – May 2026
Value, last 12 filed months
$336 k
at the published price for each month
Months reported
237
no gaps in the span
Streams
1
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
GasProduction4,343,823 Mcf$21,140,919
Total$21,140,919

Every month this lease reported (237)

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

237 months

May 20267,483106.413.05$22,792
Apr 20267,51698.932.87$21,569
Mar 20268,22689.753.15$25,907
Feb 20265,75163.503.75$21,568
Jan 20267,49659.138.00$59,952
Dec 20257,29056.664.41$32,173
Nov 20257,69658.593.93$30,218
Oct 20257,71959.383.30$25,510
Sep 20257,69762.743.08$23,683
Aug 20257,49663.933.01$22,599
Jul 20257,89566.743.32$26,174
Jun 20257,76266.483.13$24,285
May 20257,39860.553.23$23,913
Apr 20257,74362.363.54$27,434
Mar 20258,21167.704.27$35,047
Feb 20257,05870.884.34$30,638
Jan 20258,45374.324.28$36,168
Dec 20248,29168.993.12$25,879
Nov 20247,83569.052.20$17,225
Oct 20248,12671.372.28$18,539
Sep 20248,29369.612.36$19,608
Aug 20248,72475.632.06$18,003
Jul 20248,75479.932.15$18,791
Jun 20248,10378.082.63$21,343
May 20248,28878.812.20$18,221
Apr 20248,20584.451.66$13,614
Mar 20248,77280.301.55$13,554
Feb 20248,47976.091.78$15,123
Jan 20248,80273.023.30$29,026
Dec 20239,09471.262.61$23,742
Nov 20239,01277.892.81$25,302
Oct 20239,25485.443.09$28,570
Sep 20238,39989.042.74$22,972
Aug 20239,13580.522.67$24,417
Jul 20239,57774.852.64$25,301
Jun 20236,75568.962.26$15,256
May 20239,23570.622.23$20,570
Apr 20239,55078.122.24$21,371
Mar 20239,91272.852.39$23,721
Feb 20239,06275.112.47$22,344
Jan 202310,34676.533.39$35,049
Dec 20229,87976.415.73$56,598
Nov 202210,00385.005.65$56,479
Oct 202210,08787.185.86$59,148
Sep 202210,00584.888.16$81,678
Aug 20226,96994.529.13$63,607
Jul 20229,816101.587.54$74,033
Jun 20228,920115.097.98$71,157
May 202210,873109.378.43$91,692
Apr 202210,574104.226.84$72,301
Mar 202211,336108.885.08$57,546
Feb 20229,17691.054.86$44,585
Jan 202212,20081.844.54$55,360
Dec 202111,45271.323.90$44,653
Nov 20219,59777.435.24$50,258
Oct 20217,69179.795.71$43,945
Sep 202110,62369.865.35$56,843
Aug 202111,07566.024.22$46,743
Jul 202110,99870.783.98$43,795
Jun 202110,64769.493.38$35,993
May 202111,30563.483.02$34,115
Apr 202110,99760.362.76$30,334
Mar 202111,32361.302.72$30,764
Feb 20218,12557.805.55$45,077
Jan 202111,54250.412.81$32,436
Dec 202011,51544.642.68$30,808
Nov 202010,98238.772.71$29,724
Oct 202011,14036.972.48$27,610
Sep 202011,52737.091.99$22,951
Aug 202011,88739.982.39$28,352
Jul 202012,03638.371.83$21,967
Jun 202011,72634.901.69$19,821
May 202012,35116.921.81$22,414
Apr 202012,12414.751.80$21,876
Mar 202012,49930.341.86$23,201
Feb 202011,87049.881.98$23,511
Jan 202012,81157.252.09$26,836
Dec 201912,88459.012.30$29,689
Nov 201912,56655.302.75$34,565
Oct 201913,11253.472.42$31,712
Sep 201912,74055.052.66$33,854
Aug 201913,32653.112.30$30,708
Jul 201913,47256.272.46$33,142
Jun 201913,22852.782.49$32,954
May 201913,79358.482.74$37,797
Apr 201913,49062.632.75$37,107
Mar 201914,20056.803.06$43,482
Feb 201912,71150.852.79$35,492
Jan 201914,50946.033.23$46,838
Dec 201814,31046.594.19$59,894
Nov 201814,43852.934.24$61,177
Oct 201814,97061.443.40$50,869
Sep 201814,71959.543.11$45,747
Aug 201815,29359.403.07$46,897
Jul 201815,30265.142.93$44,864
Jun 201814,92260.183.08$45,914
May 201815,64965.382.90$45,395
Apr 201815,45163.842.90$44,820
Mar 201816,18461.222.79$45,102
Feb 201815,00061.782.77$41,492
Jan 201816,51962.874.01$66,230
Dec 201716,91857.272.92$49,426
Nov 201716,70155.423.12$52,080
Oct 201717,05149.292.98$50,875
Sep 201716,50947.523.09$50,968
Aug 201717,34245.373.00$52,102
Jul 201717,55143.873.09$54,185
Jun 201716,90642.493.09$52,194
May 201718,10745.373.26$59,090
Apr 201717,66147.933.21$56,720
Mar 201718,10746.772.98$54,025
Feb 201716,64750.452.95$49,152
Jan 201718,96349.413.42$64,831
Dec 201618,35248.763.72$68,321
Nov 201618,35642.492.64$48,540
Oct 201619,22646.193.09$59,413
Sep 20162,98341.553.10$9,249
Aug 201619,19941.442.92$56,144
Jul 201619,38041.622.92$56,674
Jun 201619,27945.352.69$51,780
May 201621,31542.521.99$42,439
Apr 201621,93336.561.99$43,669
Mar 201623,17233.011.79$41,571
Feb 201622,05326.472.06$45,509
Jan 201623,93627.352.36$56,593
Dec 201525,00532.362.00$50,045
Nov 201524,94638.792.17$54,066
Oct 201527,87443.552.43$67,638
Sep 201531,35542.992.76$86,490
Aug 201518,44140.162.87$52,972
Jul 20157,19448.152.95$21,187
Jun 201510,51156.152.88$30,302
May 201510,51655.212.96$31,080
Apr 201511,57149.822.71$31,318
Mar 201511,84542.892.93$34,762
Feb 20159,75544.662.98$29,033
Jan 201510,95143.433.10$33,955
Dec 201411,65854.693.59$41,868
Nov 201412,32370.464.25$52,395
Oct 201411,88178.303.90$46,347
Sep 201411,82086.164.05$47,817
Aug 201412,54389.394.04$50,613
Jul 201412,25996.564.18$51,238
Jun 201412,04598.164.74$57,056
May 201412,67194.734.73$59,890
Apr 201412,52395.944.81$60,225
Mar 201412,94995.895.06$65,481
Feb 201412,25797.406.19$75,895
Jan 201413,81290.404.86$67,136
Dec 201312,39691.824.35$53,978
Nov 201310,15588.853.74$37,962
Oct 20137,63297.423.78$28,844
Sep 20139,354104.113.72$34,776
Aug 20139,409104.253.52$33,144
Jul 201310,517102.523.72$39,099
Jun 201310,74594.403.93$42,264
May 201310,64394.834.15$44,159
Apr 201310,29493.964.28$44,085
Mar 201311,35293.623.91$44,419
Feb 201311,29891.233.42$38,638
Jan 201313,03791.603.42$44,585
Dec 201213,47186.773.42$46,073
Nov 201213,30786.953.62$48,237
Oct 201214,52289.383.40$49,370
Sep 201215,34294.672.92$44,774
Aug 201213,56592.662.91$39,449
Jul 201216,22985.133.02$49,025
Jun 201214,75579.822.52$37,168
May 201216,58991.612.49$41,279
Apr 201217,285101.652.00$34,515
Mar 201217,585105.052.22$39,075
Feb 201217,626101.102.57$45,303
Jan 201218,74198.092.73$51,239
Dec 201118,10896.873.24$58,665
Nov 201116,49795.723.31$54,626
Oct 201117,05484.983.65$62,222
Sep 201117,06283.623.99$68,006
Aug 201119,33183.404.15$80,211
Jul 201118,01394.144.52$81,369
Jun 201117,23292.904.64$79,954
May 201118,12198.134.40$79,820
Apr 201118,128105.964.33$78,554
Mar 201118,88796.364.06$76,631
Feb 201116,99985.644.18$71,055
Jan 201118,89786.504.59$86,714
Dec 201019,02285.734.35$82,703
Nov 201018,76180.843.80$71,204
Oct 201020,10678.103.51$70,550
Sep 201020,19372.633.98$80,357
Aug 201020,93773.684.42$92,528
Jul 201021,42772.554.74$101,489
Jun 201020,29470.364.91$99,652
May 201021,89971.124.24$92,747
Apr 201021,68181.694.12$89,384
Mar 201021,99978.394.39$96,546
Feb 201020,33673.585.44$110,676
Jan 201022,87874.365.96$136,446
Dec 200922,62071.445.48$124,042
Nov 200922,35574.593.75$83,865
Oct 200923,77172.544.11$97,705
Sep 200922,97765.543.06$70,419
Aug 200924,05867.423.22$77,431
Jul 200924,42361.133.46$84,613
Jun 200924,78966.163.90$96,553
May 200925,52254.743.93$100,193
Apr 200924,60746.773.59$88,278
Mar 200925,95342.144.06$105,343
Feb 200924,40632.814.63$113,073
Jan 200927,60935.865.37$148,288
Dec 200828,62737.105.98$171,108
Nov 200828,08555.496.86$192,673
Oct 200829,66675.246.92$205,347
Sep 200828,983101.767.88$228,302
Aug 200831,431114.228.48$266,630
Jul 200832,230131.0811.39$367,081
Jun 200838,538131.3313.03$502,251
May 200852,402123.1711.57$606,516
Apr 200829,908110.3110.45$312,684
Mar 200842,967101.909.66$415,236
Feb 200841,15392.538.77$360,936
Jan 200844,74290.388.21$367,141
Dec 200747,09988.337.30$343,915
Nov 200747,27091.677.29$344,679
Oct 200746,51382.856.92$321,962
Sep 200739,38075.846.24$245,895
Aug 200750,36569.066.39$321,729
Jul 200752,14170.906.39$333,074
Jun 200744,84062.007.55$338,473
May 200762,37758.747.85$489,427
Apr 200763,35059.617.81$494,459
Mar 200772,08456.927.30$526,355
Feb 200766,40455.108.22$545,575
Jan 200777,34650.306.73$520,295
Dec 200683,98256.656.92$581,024
Nov 200688,43454.207.62$673,644
Oct 200697,59254.906.01$586,899
Sep 200647,39960.085.04$238,758

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
Gas                7,483 Mcf  × $  3.05 =    $22,792

────────────────────────────────────────────────────
Month total                                  $22,792

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. 09/G/225423 is the state's own key, not one this site invented.