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 231831District 09Field 65280200GasSaveExport
Value, all time
$17.4 M
Jul 2007 – May 2026
Value, last 12 filed months
$352 k
at the published price for each month
Months reported
227
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
GasProduction3,841,161 Mcf$17,360,536
Total$17,360,536

Every month this lease reported (227)

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

227 months

May 20267,862106.413.05$23,946
Apr 20267,21498.932.87$20,702
Mar 20267,48389.753.15$23,567
Feb 20267,35363.503.75$27,576
Jan 20267,82659.138.00$62,592
Dec 20258,38456.664.41$37,002
Nov 20258,45658.593.93$33,202
Oct 20258,62059.383.30$28,488
Sep 20257,28762.743.08$22,422
Aug 20255,84063.933.01$17,606
Jul 20258,56266.743.32$28,385
Jun 20258,34166.483.13$26,097
May 20258,90560.553.23$28,784
Apr 20258,62062.363.54$30,542
Mar 20258,99567.704.27$38,394
Feb 20258,07270.884.34$35,039
Jan 20259,29674.324.28$39,775
Dec 20249,52468.993.12$29,728
Nov 20249,02069.052.20$19,830
Oct 20249,69771.372.28$22,123
Sep 20249,66869.612.36$22,859
Aug 202410,15775.632.06$20,960
Jul 202410,12979.932.15$21,743
Jun 20249,97878.082.63$26,282
May 202410,40378.812.20$22,870
Apr 202410,14384.451.66$16,829
Mar 202410,61280.301.55$16,397
Feb 202410,01476.091.78$17,861
Jan 20249,92873.023.30$32,739
Dec 202310,43071.262.61$27,230
Nov 202310,43877.892.81$29,305
Oct 202310,68685.443.09$32,991
Sep 202310,88389.042.74$29,765
Aug 202311,44680.522.67$30,594
Jul 202311,65474.852.64$30,788
Jun 202311,63568.962.26$26,277
May 202312,17970.622.23$27,128
Apr 202311,60378.122.24$25,965
Mar 202312,88272.852.39$30,829
Feb 202311,51875.112.47$28,400
Jan 202313,21076.533.39$44,752
Dec 202212,99076.415.73$74,421
Nov 202212,38585.005.65$69,928
Oct 202213,33887.185.86$78,211
Sep 202213,66284.888.16$111,532
Aug 202214,18094.529.13$129,423
Jul 202214,633101.587.54$110,363
Jun 202214,476115.097.98$115,478
May 202215,420109.378.43$130,037
Apr 202215,288104.226.84$104,533
Mar 202216,044108.885.08$81,446
Feb 202213,11391.054.86$63,714
Jan 20224,35481.844.54$19,757
Dec 202115,31771.323.90$59,723
Nov 202112,09177.435.24$63,319
Oct 20211,15079.795.71$6,571
Sep 20216,01569.865.35$32,186
Aug 20216,33566.024.22$26,737
Jul 20216,37270.783.98$25,374
Jun 20216,29669.493.38$21,284
May 20216,70563.483.02$20,233
Apr 20217,29760.362.76$20,128
Mar 20216,28461.302.72$17,073
Feb 20214,78157.805.55$26,525
Jan 20217,76950.412.81$21,833
Dec 20207,61444.642.68$20,371
Nov 20207,41638.772.71$20,072
Oct 20207,67936.972.48$19,032
Sep 20206,84137.091.99$13,621
Aug 20207,68339.982.39$18,325
Jul 20207,72038.371.83$14,090
Jun 20207,57234.901.69$12,799
May 20207,94816.921.81$14,424
Apr 20207,67214.751.80$13,843
Mar 20207,79230.341.86$14,464
Feb 20207,54049.881.98$14,934
Jan 20208,51857.252.09$17,843
Dec 20198,73959.012.30$20,138
Nov 20198,64055.302.75$23,766
Oct 20199,01453.472.42$21,801
Sep 20198,65655.052.66$23,001
Aug 20198,94453.112.30$20,610
Jul 20198,88256.272.46$21,850
Jun 20198,70752.782.49$21,691
May 20199,07158.482.74$24,857
Apr 20198,96762.632.75$24,666
Mar 20199,19956.803.06$28,168
Feb 20198,48050.852.79$23,678
Jan 20199,82846.033.23$31,727
Dec 20189,84546.594.19$41,206
Nov 20189,76552.934.24$41,377
Oct 201810,04361.443.40$34,127
Sep 20189,84759.543.11$30,604
Aug 201810,45759.403.07$32,067
Jul 201811,08465.142.93$32,497
Jun 201810,71560.183.08$32,969
May 201811,20565.382.90$32,503
Apr 201811,13963.842.90$32,312
Mar 201811,38761.222.79$31,734
Feb 201810,38761.782.77$28,732
Jan 201810,95762.874.01$43,930
Dec 201711,83357.272.92$34,570
Nov 2017055.423.12$0
Oct 201711,34849.292.98$33,859
Sep 201711,64647.523.09$35,954
Aug 2017045.373.00$0
Jul 201712,73143.873.09$39,304
Jun 201712,24142.493.09$37,791
May 201712,88345.373.26$42,042
Apr 201712,63247.933.21$40,569
Mar 201713,07246.772.98$39,003
Feb 201712,40350.452.95$36,621
Jan 201714,44349.413.42$49,378
Dec 201614,53948.763.72$54,126
Nov 201614,26042.492.64$37,708
Oct 201615,04046.193.09$46,478
Sep 201615,48941.553.10$48,026
Aug 201615,49141.442.92$45,301
Jul 201615,76841.622.92$46,111
Jun 201615,53745.352.69$41,730
May 201616,50742.521.99$32,866
Apr 201615,82236.561.99$31,502
Mar 201616,80233.011.79$30,143
Feb 201616,33426.472.06$33,707
Jan 201616,50027.352.36$39,012
Dec 201517,28032.362.00$34,584
Nov 201517,30438.792.17$37,503
Oct 201519,66043.552.43$47,707
Sep 201520,61342.992.76$56,859
Aug 201512,20240.162.87$35,050
Jul 201518,10448.152.95$53,318
Jun 201510,54856.152.88$30,408
May 201515,78555.212.96$46,652
Apr 201515,38749.822.71$41,646
Mar 201515,25842.892.93$44,778
Feb 201514,43344.662.98$42,955
Jan 201515,92343.433.10$49,371
Dec 201416,87654.693.59$60,608
Nov 201416,42770.464.25$69,845
Oct 201416,61778.303.90$64,822
Sep 201416,44886.164.05$66,539
Aug 201417,11589.394.04$69,061
Jul 201417,13996.564.18$71,634
Jun 201416,37098.164.74$77,543
May 201416,89594.734.73$79,855
Apr 201416,45295.944.81$79,120
Mar 201417,97695.895.06$90,901
Feb 201416,63097.406.19$102,973
Jan 201418,64290.404.86$90,614
Dec 201318,03591.824.35$78,533
Nov 201318,30788.853.74$68,437
Oct 201319,23197.423.78$72,681
Sep 201319,213104.113.72$71,429
Aug 201319,281104.253.52$67,919
Jul 201319,750102.523.72$73,425
Jun 201318,75894.403.93$73,783
May 201319,60794.834.15$81,351
Apr 201319,29593.964.28$82,633
Mar 201319,41093.623.91$75,949
Feb 201316,29291.233.42$55,717
Jan 201320,20591.603.42$69,099
Dec 201220,35286.773.42$69,607
Nov 201218,97486.953.62$68,780
Oct 201221,92189.383.40$74,524
Sep 201222,52294.672.92$65,728
Aug 201218,77192.662.91$54,589
Jul 201222,94785.133.02$69,318
Jun 201221,94179.822.52$55,270
May 201224,27391.612.49$60,399
Apr 201222,186101.652.00$44,301
Mar 201222,160105.052.22$49,241
Feb 201220,415101.102.57$52,471
Jan 201221,92298.092.73$59,937
Dec 201121,10196.873.24$68,362
Nov 201124,11795.723.31$79,858
Oct 201126,78984.983.65$97,741
Sep 201118,56983.623.99$74,012
Aug 201120,73483.404.15$86,032
Jul 201121,54794.144.52$97,333
Jun 201122,99792.904.64$106,703
May 201122,30898.134.40$98,263
Apr 201121,697105.964.33$94,019
Mar 201122,52796.364.06$91,400
Feb 201119,13985.644.18$80,001
Jan 201124,05386.504.59$110,374
Dec 201024,82185.734.35$107,916
Nov 201027,79680.843.80$105,495
Oct 201029,37478.103.51$103,070
Sep 201021,91772.633.98$87,218
Aug 201024,96373.684.42$110,320
Jul 201028,06172.554.74$132,911
Jun 201024,50070.364.91$120,305
May 201026,16271.124.24$110,802
Apr 201025,95181.694.12$106,988
Mar 201027,33178.394.39$119,947
Feb 201025,83473.585.44$140,598
Jan 201029,00174.365.96$172,965
Dec 200929,19071.445.48$160,071
Nov 200929,26174.593.75$109,773
Oct 200931,56072.544.11$129,719
Sep 200930,36365.543.06$93,055
Aug 200929,57467.423.22$95,184
Jul 200931,97961.133.46$110,791
Jun 200932,53766.163.90$126,732
May 200932,85854.743.93$128,992
Apr 200931,54746.773.59$113,175
Mar 200934,26842.144.06$139,094
Feb 200932,00432.814.63$148,275
Jan 200936,43135.865.37$195,671
Dec 200837,20037.105.98$222,350
Nov 200836,56955.496.86$250,877
Oct 200838,26075.246.92$264,835
Sep 200836,577101.767.88$288,120
Aug 200838,777114.228.48$328,946
Jul 200838,526131.0811.39$438,789
Jun 200838,604131.3313.03$503,112
May 200838,047123.1711.57$440,367
Apr 200829,017110.3110.45$303,369
Mar 200842,337101.909.66$409,148
Feb 200839,68192.538.77$348,025
Jan 200844,05590.388.21$361,503
Dec 200745,21188.337.30$330,129
Nov 200744,70591.677.29$325,975
Oct 200748,55682.856.92$336,104
Sep 200747,75975.846.24$298,215
Aug 200756,44969.066.39$360,593
Jul 200715,59670.906.39$99,626

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                7,862 Mcf  × $  3.05 =    $23,946

────────────────────────────────────────────────────
Month total                                  $23,946

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/231831 is the state's own key, not one this site invented.