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 235102District 09Field 65280200GasSaveExport
Value, all time
$12.2 M
Oct 2007 – May 2026
Value, last 12 filed months
$191 k
at the published price for each month
Months reported
224
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
GasProduction2,709,888 Mcf$12,227,941
Total$12,227,941

Every month this lease reported (224)

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

224 months

May 20264,365106.413.05$13,295
Apr 20264,85898.932.87$13,941
Mar 20265,62489.753.15$17,712
Feb 20264,98763.503.75$18,703
Jan 20262,03959.138.00$16,308
Dec 20254,51056.664.41$19,904
Nov 20254,25558.593.93$16,707
Oct 20254,68859.383.30$15,493
Sep 20254,64062.743.08$14,277
Aug 20254,56563.933.01$13,762
Jul 20254,77266.743.32$15,820
Jun 20254,79066.483.13$14,987
May 20254,97360.553.23$16,074
Apr 20254,91362.363.54$17,407
Mar 20255,13967.704.27$21,935
Feb 20252,47870.884.34$10,757
Jan 202559174.324.28$2,529
Dec 20244,48768.993.12$14,006
Nov 20244,63769.052.20$10,194
Oct 20244,79771.372.28$10,944
Sep 20244,30469.612.36$10,176
Aug 20244,65975.632.06$9,614
Jul 20244,67279.932.15$10,029
Jun 20244,59278.082.63$12,095
May 20244,83378.812.20$10,625
Apr 20244,69384.451.66$7,787
Mar 20244,94380.301.55$7,638
Feb 20244,59476.091.78$8,194
Jan 20244,81673.023.30$15,882
Dec 20234,55671.262.61$11,894
Nov 20234,62177.892.81$12,974
Oct 20234,79585.443.09$14,804
Sep 20234,61389.042.74$12,617
Aug 20234,78180.522.67$12,779
Jul 20234,82874.852.64$12,755
Jun 20234,69268.962.26$10,597
May 20234,85370.622.23$10,810
Apr 20234,74078.122.24$10,607
Mar 20234,95472.852.39$11,856
Feb 20234,22175.112.47$10,408
Jan 20235,22276.533.39$17,691
Dec 20224,54476.415.73$26,033
Nov 20222,45285.005.65$13,844
Oct 20223,33487.185.86$19,550
Sep 20224,91184.888.16$40,092
Aug 20225,13394.529.13$46,850
Jul 20225,315101.587.54$40,086
Jun 20225,125115.097.98$40,883
May 20225,101109.378.43$43,017
Apr 20225,041104.226.84$34,468
Mar 20225,471108.885.08$27,773
Feb 20225,04491.054.86$24,508
Jan 20225,69781.844.54$25,851
Dec 20215,62271.323.90$21,921
Nov 20214,71277.435.24$24,676
Oct 20213,27279.795.71$18,696
Sep 20214,70669.865.35$25,181
Aug 20216,18266.024.22$26,092
Jul 20215,69270.783.98$22,666
Jun 20215,60969.493.38$18,962
May 20215,47563.483.02$16,522
Apr 20215,96360.362.76$16,448
Mar 20216,19161.302.72$16,821
Feb 20213,96857.805.55$22,014
Jan 20216,16250.412.81$17,317
Dec 20206,21244.642.68$16,620
Nov 20206,03538.772.71$16,334
Oct 20205,52336.972.48$13,688
Sep 20204,86237.091.99$9,680
Aug 20206,18239.982.39$14,745
Jul 20206,53438.371.83$11,925
Jun 20206,38534.901.69$10,793
May 20206,66916.921.81$12,103
Apr 20206,32014.751.80$11,404
Mar 20206,90130.341.86$12,810
Feb 20206,64949.881.98$13,169
Jan 20207,22857.252.09$15,141
Dec 20197,05159.012.30$16,248
Nov 20196,90655.302.75$18,996
Oct 20197,05353.472.42$17,058
Sep 20196,94355.052.66$18,450
Aug 20197,30453.112.30$16,831
Jul 20197,03156.272.46$17,297
Jun 20197,19152.782.49$17,914
May 20197,42758.482.74$20,352
Apr 20197,28562.632.75$20,039
Mar 20197,55656.803.06$23,137
Feb 20196,67250.852.79$18,630
Jan 20198,22846.033.23$26,561
Dec 20188,17546.594.19$34,216
Nov 20188,26752.934.24$35,029
Oct 20188,48961.443.40$28,846
Sep 20188,27759.543.11$25,725
Aug 20188,52459.403.07$26,139
Jul 20188,27865.142.93$24,270
Jun 20188,20760.183.08$25,252
May 20188,85265.382.90$25,678
Apr 20188,64663.842.90$25,080
Mar 20188,55061.222.79$23,827
Feb 20187,77061.782.77$21,493
Jan 20188,68562.874.01$34,821
Dec 20178,99557.272.92$26,279
Nov 2017055.423.12$0
Oct 20179,26849.292.98$27,653
Sep 20178,74947.523.09$27,011
Aug 2017045.373.00$0
Jul 20179,98443.873.09$30,823
Jun 20179,75742.493.09$30,123
May 201710,52545.373.26$34,347
Apr 201710,40747.933.21$33,423
Mar 201710,65846.772.98$31,800
Feb 201710,17350.452.95$30,037
Jan 201711,58949.413.42$39,620
Dec 201611,25248.763.72$41,889
Nov 201611,21542.492.64$29,656
Oct 201611,75646.193.09$36,329
Sep 201611,45941.553.10$35,530
Aug 201612,12341.442.92$35,452
Jul 201612,38641.622.92$36,221
Jun 201612,12445.352.69$32,563
May 201613,01842.521.99$25,919
Apr 201612,78936.561.99$25,463
Mar 201613,35833.011.79$23,964
Feb 201612,61526.472.06$26,033
Jan 201614,22227.352.36$33,626
Dec 201514,39932.362.00$28,818
Nov 201515,14338.792.17$32,820
Oct 201516,92843.552.43$41,077
Sep 201517,26542.992.76$47,624
Aug 20156,70940.162.87$19,272
Jul 201511,73948.152.95$34,572
Jun 201512,03856.152.88$34,704
May 201513,02555.212.96$38,495
Apr 201513,02949.822.71$35,264
Mar 201513,03242.892.93$38,245
Feb 201512,19944.662.98$36,307
Jan 201513,06843.433.10$40,519
Dec 201413,91154.693.59$49,959
Nov 201413,91770.464.25$59,173
Oct 201413,52378.303.90$52,753
Sep 201413,43986.164.05$54,367
Aug 201414,25689.394.04$57,525
Jul 201414,58696.564.18$60,964
Jun 201414,09698.164.74$66,771
May 201414,43294.734.73$68,214
Apr 201414,29795.944.81$68,756
Mar 201415,37995.895.06$77,769
Feb 201414,55497.406.19$90,118
Jan 201416,24790.404.86$78,972
Dec 201315,35991.824.35$66,880
Nov 201314,81088.853.74$55,364
Oct 201315,16097.423.78$57,295
Sep 201315,599104.113.72$57,993
Aug 201313,789104.253.52$48,573
Jul 201313,224102.523.72$49,163
Jun 201312,84894.403.93$50,536
May 201313,37894.834.15$55,506
Apr 201313,58993.964.28$58,196
Mar 201313,93993.623.91$54,541
Feb 201313,86091.233.42$47,400
Jan 201314,80891.603.42$50,642
Dec 201215,70586.773.42$53,714
Nov 201216,46886.953.62$59,696
Oct 201215,13389.383.40$51,447
Sep 201218,73294.672.92$54,667
Aug 201214,07392.662.91$40,927
Jul 201217,12185.133.02$51,719
Jun 201215,54579.822.52$39,158
May 201216,65291.612.49$41,436
Apr 201215,465101.652.00$30,881
Mar 201215,565105.052.22$34,587
Feb 201214,611101.102.57$37,554
Jan 201216,99898.092.73$46,474
Dec 201115,94996.873.24$51,671
Nov 201114,44595.723.31$47,831
Oct 201116,06984.983.65$58,628
Sep 201116,06683.623.99$64,036
Aug 201115,84683.404.15$65,750
Jul 201117,49894.144.52$79,043
Jun 201117,42892.904.64$80,864
May 201118,52598.134.40$81,599
Apr 201118,376105.964.33$79,628
Mar 201119,84896.364.06$80,530
Feb 201116,44985.644.18$68,756
Jan 201119,26986.504.59$88,421
Dec 201018,35585.734.35$79,803
Nov 201017,90280.843.80$67,944
Oct 201019,58578.103.51$68,722
Sep 201019,13872.633.98$76,159
Aug 201019,66373.684.42$86,898
Jul 201019,89672.554.74$94,237
Jun 201019,99770.364.91$98,193
May 201020,68371.124.24$87,597
Apr 201019,89381.694.12$82,013
Mar 201019,82478.394.39$87,001
Feb 201019,25173.585.44$104,771
Jan 201021,46374.365.96$128,007
Dec 200921,85571.445.48$119,847
Nov 200920,12974.593.75$75,514
Oct 200920,91272.544.11$85,954
Sep 200920,26765.543.06$62,113
Aug 200920,26167.423.22$65,210
Jul 200922,59861.133.46$78,291
Jun 200922,91266.163.90$89,242
May 200923,02154.743.93$90,375
Apr 200922,25046.773.59$79,822
Mar 200923,87842.144.06$96,921
Feb 200922,80332.814.63$105,646
Jan 200926,41335.865.37$141,864
Dec 200827,46137.105.98$164,138
Nov 200832,07455.496.86$220,039
Oct 200826,22675.246.92$181,536
Sep 200825,452101.767.88$200,488
Aug 200827,687114.228.48$234,869
Jul 200827,512131.0811.39$313,346
Jun 200830,139131.3313.03$392,790
May 200820,009123.1711.57$231,590
Apr 200831,217110.3110.45$326,369
Mar 200841,952101.909.66$405,427
Feb 200842,04192.538.77$368,724
Jan 200848,51990.388.21$398,134
Dec 200752,83288.337.30$385,778
Nov 200756,27391.677.29$410,326
Oct 20071,03482.856.92$7,157

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                4,365 Mcf  × $  3.05 =    $13,295

────────────────────────────────────────────────────
Month total                                  $13,295

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/235102 is the state's own key, not one this site invented.