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 233124District 09Field 65280200GasSaveExport
Value, all time
$8.2 M
Aug 2007 – May 2026
Value, last 12 filed months
$105 k
at the published price for each month
Months reported
226
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
GasProduction1,697,141 Mcf$8,203,598
Total$8,203,598

Every month this lease reported (226)

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

226 months

May 20262,204106.413.05$6,713
Apr 20262,18298.932.87$6,262
Mar 20262,23089.753.15$7,023
Feb 20262,13463.503.75$8,003
Jan 20262,33259.138.00$18,651
Dec 20252,43856.664.41$10,760
Nov 20252,48358.593.93$9,749
Oct 20252,47859.383.30$8,189
Sep 20252,43962.743.08$7,505
Aug 20252,27163.933.01$6,847
Jul 20252,39466.743.32$7,937
Jun 20252,44966.483.13$7,662
May 20252,56060.553.23$8,275
Apr 20252,45062.363.54$8,681
Mar 20252,57667.704.27$10,995
Feb 20252,02470.884.34$8,786
Jan 20252,64574.324.28$11,317
Dec 20242,65768.993.12$8,293
Nov 20242,52469.052.20$5,549
Oct 20242,56271.372.28$5,845
Sep 20242,54169.612.36$6,008
Aug 20242,66775.632.06$5,504
Jul 20242,52279.932.15$5,414
Jun 20242,68678.082.63$7,075
May 20242,72178.812.20$5,982
Apr 20242,63384.451.66$4,369
Mar 20242,96580.301.55$4,581
Feb 20246,44876.091.78$11,501
Jan 20242,51073.023.30$8,277
Dec 20232,88771.262.61$7,537
Nov 20233,00277.892.81$8,428
Oct 20232,22285.443.09$6,860
Sep 20232,87589.042.74$7,863
Aug 202375780.522.67$2,023
Jul 20231,49974.852.64$3,960
Jun 20232,88668.962.26$6,518
May 20233,14070.622.23$6,994
Apr 20233,14178.122.24$7,029
Mar 20233,44672.852.39$8,247
Feb 20233,27075.112.47$8,063
Jan 20231,66876.533.39$5,651
Dec 202248876.415.73$2,796
Nov 202275385.005.65$4,252
Oct 20222,60487.185.86$15,269
Sep 20222,70084.888.16$22,042
Aug 20222,54394.529.13$23,210
Jul 20222,726101.587.54$20,560
Jun 20222,410115.097.98$19,225
May 20223,059109.378.43$25,797
Apr 20222,933104.226.84$20,055
Mar 20222,999108.885.08$15,224
Feb 20222,99791.054.86$14,562
Jan 20223,48781.844.54$15,823
Dec 20214,03971.323.90$15,749
Nov 20213,54477.435.24$18,559
Oct 20213,53679.795.71$20,204
Sep 20213,34169.865.35$17,877
Aug 20213,44966.024.22$14,557
Jul 20213,46770.783.98$13,806
Jun 20213,39969.493.38$11,491
May 20213,61463.483.02$10,906
Apr 20213,52460.362.76$9,721
Mar 20213,72161.302.72$10,110
Feb 20212,54457.805.55$14,114
Jan 20213,69250.412.81$10,376
Dec 20203,61244.642.68$9,664
Nov 20203,65938.772.71$9,903
Oct 20203,64736.972.48$9,039
Sep 20203,48037.091.99$6,929
Aug 20203,55439.982.39$8,477
Jul 20203,42738.371.83$6,255
Jun 20203,36434.901.69$5,686
May 20203,41816.921.81$6,203
Apr 20203,55314.751.80$6,411
Mar 20203,66730.341.86$6,807
Feb 20203,42349.881.98$6,780
Jan 20203,71257.252.09$7,776
Dec 20193,77059.012.30$8,687
Nov 20193,76455.302.75$10,354
Oct 20193,90753.472.42$9,449
Sep 20193,73455.052.66$9,922
Aug 20193,86053.112.30$8,895
Jul 20193,87656.272.46$9,535
Jun 20193,77852.782.49$9,412
May 20194,02758.482.74$11,035
Apr 20193,89662.632.75$10,717
Mar 20194,12556.803.06$12,631
Feb 20193,69250.852.79$10,309
Jan 20194,19546.033.23$13,542
Dec 20184,24946.594.19$17,784
Nov 20184,23252.934.24$17,932
Oct 20184,44861.443.40$15,115
Sep 20184,08659.543.11$12,699
Aug 20184,25859.403.07$13,057
Jul 20184,32665.142.93$12,683
Jun 20184,47860.183.08$13,778
May 20184,37665.382.90$12,694
Apr 20184,35063.842.90$12,618
Mar 20184,59861.222.79$12,814
Feb 20184,53461.782.77$12,542
Jan 20185,24962.874.01$21,045
Dec 20175,03257.272.92$14,701
Nov 2017055.423.12$0
Oct 20175,27049.292.98$15,724
Sep 20175,19847.523.09$16,048
Aug 2017045.373.00$0
Jul 20175,44843.873.09$16,820
Jun 20175,27242.493.09$16,276
May 20175,63545.373.26$18,389
Apr 20174,36047.933.21$14,003
Mar 20174,42846.772.98$13,212
Feb 20174,12950.452.95$12,191
Jan 20175,56749.413.42$19,032
Dec 20166,16348.763.72$22,944
Nov 20165,85742.492.64$15,488
Oct 20165,90146.193.09$18,236
Sep 20165,68241.553.10$17,618
Aug 20165,44141.442.92$15,911
Jul 20165,37641.622.92$15,721
Jun 20165,99645.352.69$16,104
May 20166,44342.521.99$12,828
Apr 20165,63136.561.99$11,212
Mar 20166,01133.011.79$10,784
Feb 20165,77026.472.06$11,907
Jan 20166,55427.352.36$15,496
Dec 20156,30732.362.00$12,623
Nov 20156,36738.792.17$13,799
Oct 20156,74043.552.43$16,355
Sep 20156,40542.992.76$17,668
Aug 20156,58240.162.87$18,907
Jul 20156,57948.152.95$19,376
Jun 20157,19556.152.88$20,742
May 20157,39655.212.96$21,859
Apr 20157,49749.822.71$20,291
Mar 20157,58242.892.93$22,251
Feb 20157,26544.662.98$21,622
Jan 20153,45743.433.10$10,719
Dec 201454254.693.59$1,947
Nov 20147,71570.464.25$32,803
Oct 20146,25878.303.90$24,412
Sep 20146,12886.164.05$24,790
Aug 20146,46789.394.04$26,095
Jul 20146,36996.564.18$26,620
Jun 20145,90298.164.74$27,957
May 20146,32894.734.73$29,910
Apr 20146,17095.944.81$29,672
Mar 20146,57395.895.06$33,238
Feb 20146,30797.406.19$39,053
Jan 20147,05990.404.86$34,312
Dec 20136,51091.824.35$28,348
Nov 20136,28388.853.74$23,488
Oct 20136,15697.423.78$23,266
Sep 20136,678104.113.72$24,827
Aug 20137,232104.253.52$25,476
Jul 20136,933102.523.72$25,775
Jun 20136,69194.403.93$26,318
May 20136,87694.834.15$28,529
Apr 20136,88093.964.28$29,464
Mar 20137,27093.623.91$28,447
Feb 20138,11891.233.42$27,763
Jan 20138,74791.603.42$29,914
Dec 20128,06286.773.42$27,573
Nov 20127,33386.953.62$26,582
Oct 20127,89189.383.40$26,827
Sep 20129,33094.672.92$27,229
Aug 20127,79592.662.91$22,669
Jul 20129,38185.133.02$28,338
Jun 20129,12579.822.52$22,986
May 20129,48191.612.49$23,592
Apr 20128,287101.652.00$16,547
Mar 20127,486105.052.22$16,634
Feb 20128,398101.102.57$21,585
Jan 20129,53498.092.73$26,067
Dec 20119,71396.873.24$31,468
Nov 20119,68695.723.31$32,073
Oct 20119,98684.983.65$36,434
Sep 20119,70283.623.99$38,670
Aug 201110,41183.404.15$43,199
Jul 201110,60094.144.52$47,883
Jun 20119,64892.904.64$44,766
May 20114,45898.134.40$19,637
Apr 201110,601105.964.33$45,937
Mar 201111,33296.364.06$45,978
Feb 201110,36485.644.18$43,321
Jan 201111,85886.504.59$54,414
Dec 201012,14685.734.35$52,808
Nov 201012,07080.843.80$45,810
Oct 201012,50978.103.51$43,893
Sep 201011,41772.633.98$45,434
Aug 201010,85973.684.42$47,990
Jul 20106,65172.554.74$31,502
Jun 201013,64870.364.91$67,017
May 201015,59171.124.24$66,031
Apr 201015,80781.694.12$65,167
Mar 201015,27678.394.39$67,041
Feb 201014,79273.585.44$80,503
Jan 201016,15274.365.96$96,332
Dec 200916,29271.445.48$89,341
Nov 200915,93374.593.75$59,773
Oct 200916,88872.544.11$69,414
Sep 200916,30165.543.06$49,958
Aug 200915,67867.423.22$50,460
Jul 200916,68561.133.46$57,805
Jun 200916,62466.163.90$64,750
May 200916,54254.743.93$64,940
Apr 200916,31146.773.59$58,516
Mar 200917,04742.144.06$69,194
Feb 200916,20532.814.63$75,078
Jan 200918,30235.865.37$98,300
Dec 200818,76037.105.98$112,131
Nov 200817,94255.496.86$123,089
Oct 200818,73375.246.92$129,669
Sep 200817,446101.767.88$137,424
Aug 200819,082114.228.48$161,873
Jul 200818,644131.0811.39$212,345
Jun 200818,526131.3313.03$241,443
May 200815,419123.1711.57$178,464
Apr 200825,245110.3110.45$263,933
Mar 200831,515101.909.66$304,563
Feb 200831,05092.538.77$272,327
Jan 200835,85790.388.21$294,233
Dec 200738,45988.337.30$280,826
Nov 200738,86091.677.29$283,355
Oct 200743,57182.856.92$301,598
Sep 200743,51675.846.24$271,721
Aug 200711,18969.066.39$71,475

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                2,204 Mcf  × $  3.05 =     $6,713

────────────────────────────────────────────────────
Month total                                   $6,713

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/233124 is the state's own key, not one this site invented.