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 233851District 09Field 65280200GasSaveExport
Value, all time
$10.9 M
Aug 2007 – May 2026
Value, last 12 filed months
$193 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
GasProduction2,296,435 Mcf$10,936,418
Total$10,936,418

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 20264,388106.413.05$13,365
Apr 20264,22098.932.87$12,110
Mar 20264,44889.753.15$14,009
Feb 20264,35463.503.75$16,329
Jan 20262,26659.138.00$18,123
Dec 20254,99356.664.41$22,036
Nov 20255,16958.593.93$20,296
Oct 20255,03359.383.30$16,633
Sep 20254,92362.743.08$15,148
Aug 20254,17963.933.01$12,599
Jul 20254,87566.743.32$16,162
Jun 20255,06466.483.13$15,844
May 20255,48460.553.23$17,726
Apr 20254,88062.363.54$17,290
Mar 20255,45567.704.27$23,284
Feb 20254,92770.884.34$21,387
Jan 20256,31674.324.28$27,024
Dec 20246,45768.993.12$20,155
Nov 20245,92469.052.20$13,024
Oct 20245,79071.372.28$13,209
Sep 20246,05869.612.36$14,323
Aug 20246,27675.632.06$12,951
Jul 20246,15379.932.15$13,208
Jun 20246,57078.082.63$17,305
May 20247,12078.812.20$15,653
Apr 20246,64784.451.66$11,029
Mar 20242,30780.301.55$3,565
Feb 20246,07476.091.78$10,834
Jan 20246,57473.023.30$21,679
Dec 20236,85071.262.61$17,883
Nov 20236,64377.892.81$18,651
Oct 20237,17385.443.09$22,145
Sep 20237,33989.042.74$20,072
Aug 20237,90080.522.67$21,116
Jul 20237,85674.852.64$20,754
Jun 20237,60968.962.26$17,185
May 20237,54070.622.23$16,795
Apr 20237,11978.122.24$15,931
Mar 20237,69272.852.39$18,408
Feb 20237,22075.112.47$17,802
Jan 20237,16076.533.39$24,256
Dec 20227,66276.415.73$43,896
Nov 20227,18885.005.65$40,585
Oct 20229,01387.185.86$52,850
Sep 20229,35284.888.16$76,347
Aug 20229,97694.529.13$91,053
Jul 202210,026101.587.54$75,617
Jun 20228,908115.097.98$71,061
May 202210,164109.378.43$85,713
Apr 202210,206104.226.84$69,785
Mar 202211,438108.885.08$58,064
Feb 202211,35791.054.86$55,182
Jan 202214,37681.844.54$65,234
Dec 20218,79171.323.90$34,277
Nov 20211,82277.435.24$9,542
Oct 20213,22579.795.71$18,427
Sep 20212,34069.865.35$12,521
Aug 20213,01166.024.22$12,708
Jul 20212,93270.783.98$11,675
Jun 20213,01169.493.38$10,179
May 20213,18063.483.02$9,596
Apr 20213,19760.362.76$8,819
Mar 20213,59161.302.72$9,757
Feb 20211,84157.805.55$10,214
Jan 20213,40950.412.81$9,580
Dec 20203,44144.642.68$9,206
Nov 20203,40338.772.71$9,210
Oct 20203,47136.972.48$8,603
Sep 20203,44537.091.99$6,859
Aug 20203,55439.982.39$8,477
Jul 20203,59838.371.83$6,567
Jun 20203,55834.901.69$6,014
May 20203,74516.921.81$6,796
Apr 20203,73514.751.80$6,739
Mar 20203,64930.341.86$6,773
Feb 20203,62649.881.98$7,182
Jan 20204,06257.252.09$8,509
Dec 20194,08859.012.30$9,420
Nov 20194,02755.302.75$11,077
Oct 20194,20953.472.42$10,180
Sep 20194,06855.052.66$10,810
Aug 20194,21953.112.30$9,722
Jul 20194,25956.272.46$10,477
Jun 20194,15052.782.49$10,338
May 20194,30258.482.74$11,789
Apr 20194,20062.632.75$11,553
Mar 20194,38556.803.06$13,427
Feb 20193,96050.852.79$11,057
Jan 20194,54946.033.23$14,685
Dec 20184,53946.594.19$18,998
Nov 20184,48952.934.24$19,021
Oct 20184,73461.443.40$16,087
Sep 20184,60459.543.11$14,309
Aug 20184,71859.403.07$14,468
Jul 20184,82365.142.93$14,140
Jun 20184,89060.183.08$15,046
May 20184,17965.382.90$12,122
Apr 20185,28963.842.90$15,342
Mar 20185,58861.222.79$15,573
Feb 20185,18461.782.77$14,340
Jan 20185,77562.874.01$23,154
Dec 20176,04257.272.92$17,652
Nov 2017055.423.12$0
Oct 20176,14549.292.98$18,335
Sep 20176,02147.523.09$18,589
Aug 2017045.373.00$0
Jul 20176,39943.873.09$19,756
Jun 20176,15942.493.09$19,015
May 20176,67845.373.26$21,793
Apr 20176,52047.933.21$20,940
Mar 20176,24946.772.98$18,645
Feb 20176,10150.452.95$18,014
Jan 20177,02549.413.42$24,017
Dec 20166,87448.763.72$25,591
Nov 20166,26242.492.64$16,559
Oct 20167,04346.193.09$21,765
Sep 20167,32441.553.10$22,709
Aug 20167,56341.442.92$22,117
Jul 20167,43941.622.92$21,754
Jun 20166,91545.352.69$18,573
May 20167,81542.521.99$15,560
Apr 20167,29736.561.99$14,529
Mar 20167,35433.011.79$13,193
Feb 20167,69826.472.06$15,886
Jan 20168,99127.352.36$21,258
Dec 20159,06232.362.00$18,137
Nov 20159,61238.792.17$20,832
Oct 201510,06243.552.43$24,416
Sep 20159,19742.992.76$25,369
Aug 201512,71140.162.87$36,512
Jul 201511,78848.152.95$34,717
Jun 20155,73056.152.88$16,519
May 20159,19755.212.96$27,181
Apr 20159,37149.822.71$25,363
Mar 20159,44342.892.93$27,712
Feb 20158,80144.662.98$26,193
Jan 20159,81143.433.10$30,420
Dec 20148,35954.693.59$30,020
Nov 201410,09670.464.25$42,927
Oct 20149,69178.303.90$37,804
Sep 20149,71786.164.05$39,310
Aug 201410,39889.394.04$41,957
Jul 201410,00796.564.18$41,825
Jun 20149,48798.164.74$44,939
May 201410,22194.734.73$48,310
Apr 20149,90395.944.81$47,625
Mar 201410,31495.895.06$52,156
Feb 201410,12297.406.19$62,675
Jan 20147,76290.404.86$37,729
Dec 20137,68091.824.35$33,442
Nov 20137,43888.853.74$27,805
Oct 20137,52197.423.78$28,425
Sep 20137,715104.113.72$28,682
Aug 20137,982104.253.52$28,117
Jul 20137,958102.523.72$29,586
Jun 20137,60094.403.93$29,894
May 20137,95694.834.15$33,010
Apr 20138,03893.964.28$34,423
Mar 20138,60693.623.91$33,674
Feb 20139,57691.233.42$32,749
Jan 201311,07191.603.42$37,862
Dec 201210,57286.773.42$36,158
Nov 20129,78886.953.62$35,481
Oct 201210,84989.383.40$36,883
Sep 201211,80094.672.92$34,437
Aug 20129,95592.662.91$28,951
Jul 201211,68785.133.02$35,304
Jun 201211,27479.822.52$28,400
May 201212,62891.612.49$31,423
Apr 201212,482101.652.00$24,924
Mar 201212,780105.052.22$28,398
Feb 201212,079101.102.57$31,046
Jan 201212,71498.092.73$34,761
Dec 201113,14896.873.24$42,596
Nov 201113,16395.723.31$43,586
Oct 201114,01684.983.65$51,138
Sep 201114,30083.623.99$56,997
Aug 201115,02383.404.15$62,335
Jul 201115,46394.144.52$69,850
Jun 201115,30692.904.64$71,018
May 201115,53298.134.40$68,416
Apr 201113,975105.964.33$60,558
Mar 201114,72796.364.06$59,752
Feb 201113,61885.644.18$56,923
Jan 201115,21986.504.59$69,837
Dec 201015,83185.734.35$68,829
Nov 201016,01980.843.80$60,797
Oct 201016,27378.103.51$57,100
Sep 201015,58472.633.98$62,016
Aug 201016,10773.684.42$71,183
Jul 201018,60972.554.74$88,141
Jun 201016,76570.364.91$82,323
May 201017,21971.124.24$72,926
Apr 201017,07081.694.12$70,374
Mar 201017,87878.394.39$78,461
Feb 201016,98473.585.44$92,433
Jan 201018,85474.365.96$112,447
Dec 200919,05871.445.48$104,509
Nov 200918,50474.593.75$69,418
Oct 200919,70972.544.11$81,009
Sep 200919,08565.543.06$58,491
Aug 200918,53867.423.22$59,665
Jul 200920,17561.133.46$69,896
Jun 200919,92566.163.90$77,608
May 200920,03854.743.93$78,664
Apr 200919,56046.773.59$70,172
Mar 200920,64842.144.06$83,810
Feb 200919,00032.814.63$88,027
Jan 200921,47435.865.37$115,337
Dec 200821,71337.105.98$129,782
Nov 200820,93755.496.86$143,635
Oct 200821,82875.246.92$151,093
Sep 200821,075101.767.88$166,010
Aug 200822,485114.228.48$190,741
Jul 200822,524131.0811.39$256,536
Jun 200824,937131.3313.03$324,995
May 200820,915123.1711.57$242,076
Apr 200831,170110.3110.45$325,878
Mar 200839,213101.909.66$378,957
Feb 200838,24492.538.77$335,422
Jan 200842,32490.388.21$347,299
Dec 200744,28388.337.30$323,353
Nov 200745,17891.677.29$329,424
Oct 200749,86782.856.92$345,178
Sep 200740,00675.846.24$249,804
Aug 20073,25869.066.39$20,812

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                4,388 Mcf  × $  3.05 =    $13,365

────────────────────────────────────────────────────
Month total                                  $13,365

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/233851 is the state's own key, not one this site invented.