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 237224District 09Field 65280200GasSaveExport
Value, all time
$19.1 M
Sep 2007 – May 2026
Value, last 12 filed months
$335 k
at the published price for each month
Months reported
225
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
GasProduction4,342,129 Mcf$19,146,240
Total$19,146,240

Every month this lease reported (225)

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

225 months

May 20267,335106.413.05$22,341
Apr 20267,21698.932.87$20,708
Mar 20267,36989.753.15$23,208
Feb 20267,03963.503.75$26,399
Jan 20266,85859.138.00$54,850
Dec 20257,87656.664.41$34,760
Nov 20257,77558.593.93$30,528
Oct 20257,86259.383.30$25,983
Sep 20257,70762.743.08$23,714
Aug 20257,49063.933.01$22,581
Jul 20257,84366.743.32$26,001
Jun 20257,50566.483.13$23,481
May 20258,11660.553.23$26,234
Apr 20257,43462.363.54$26,340
Mar 20256,37867.704.27$27,223
Feb 20257,25370.884.34$31,484
Jan 20258,49274.324.28$36,335
Dec 20248,11268.993.12$25,321
Nov 20248,36969.052.20$18,399
Oct 20248,90371.372.28$20,311
Sep 20248,73769.612.36$20,657
Aug 20249,39875.632.06$19,394
Jul 20249,33679.932.15$20,041
Jun 20248,25278.082.63$21,736
May 20249,58778.812.20$21,076
Apr 20249,18184.451.66$15,233
Mar 20249,89680.301.55$15,291
Feb 20249,45576.091.78$16,864
Jan 20245,66873.023.30$18,691
Dec 20237,73671.262.61$20,197
Nov 20237,27977.892.81$20,436
Oct 20236,87185.443.09$21,213
Sep 20237,30889.042.74$19,988
Aug 20237,55480.522.67$20,191
Jul 20237,62574.852.64$20,144
Jun 20237,62268.962.26$17,214
May 20237,79170.622.23$17,354
Apr 20237,74878.122.24$17,338
Mar 20237,83272.852.39$18,743
Feb 20236,71075.112.47$16,545
Jan 20236,64576.533.39$22,511
Dec 20226,88676.415.73$39,450
Nov 20229,41885.005.65$53,176
Oct 202210,22487.185.86$59,951
Sep 202210,31784.888.16$84,225
Aug 20229,92694.529.13$90,596
Jul 202210,458101.587.54$78,875
Jun 20228,200115.097.98$65,413
May 202210,567109.378.43$89,112
Apr 20229,959104.226.84$68,096
Mar 202210,705108.885.08$54,343
Feb 20228,80791.054.86$42,792
Jan 202211,18681.844.54$50,758
Dec 202111,20171.323.90$43,674
Nov 202111,00977.435.24$57,652
Oct 202111,42479.795.71$65,275
Sep 202110,99669.865.35$58,839
Aug 202111,34366.024.22$47,874
Jul 202111,46670.783.98$45,659
Jun 202111,35869.493.38$38,397
May 202111,58963.483.02$34,972
Apr 202111,28560.362.76$31,129
Mar 202112,08561.302.72$32,834
Feb 20218,28757.805.55$45,976
Jan 202112,05750.412.81$33,883
Dec 202012,14844.642.68$32,501
Nov 202011,99638.772.71$32,468
Oct 202012,51936.972.48$31,027
Sep 202012,16337.091.99$24,217
Aug 202012,62339.982.39$30,107
Jul 202012,72238.371.83$23,219
Jun 202012,48834.901.69$21,109
May 202012,92516.921.81$23,456
Apr 202012,85814.751.80$23,201
Mar 202013,30330.341.86$24,693
Feb 202012,48649.881.98$24,731
Jan 202013,03957.252.09$27,313
Dec 201913,09559.012.30$30,176
Nov 201913,09455.302.75$36,018
Oct 201913,71953.472.42$33,180
Sep 201913,20055.052.66$35,076
Aug 201913,77653.112.30$31,745
Jul 201914,34956.272.46$35,299
Jun 201914,01052.782.49$34,902
May 201914,70258.482.74$40,288
Apr 201914,51762.632.75$39,932
Mar 201915,19756.803.06$46,535
Feb 201913,86550.852.79$38,714
Jan 201915,98746.033.23$51,609
Dec 201815,71746.594.19$65,783
Nov 201815,49452.934.24$65,652
Oct 201816,13461.443.40$54,825
Sep 201815,71459.543.11$48,839
Aug 201816,25259.403.07$49,838
Jul 201816,49465.142.93$48,358
Jun 201816,16360.183.08$49,732
May 201816,73765.382.90$48,551
Apr 201816,48863.842.90$47,828
Mar 201817,02161.222.79$47,435
Feb 201815,43061.782.77$42,681
Jan 201815,98762.874.01$64,097
Dec 201717,42057.272.92$50,893
Nov 2017055.423.12$0
Oct 201716,75949.292.98$50,003
Sep 20174,59247.523.09$14,177
Aug 2017045.373.00$0
Jul 201714,26743.873.09$44,046
Jun 201714,38142.493.09$44,398
May 20177,08545.373.26$23,121
Apr 201720,28147.933.21$65,134
Mar 201720,86846.772.98$62,263
Feb 201719,24650.452.95$56,826
Jan 201720,83349.413.42$71,224
Dec 201621,08948.763.72$78,511
Nov 201621,12142.492.64$55,851
Oct 201622,19546.193.09$68,588
Sep 201622,10041.553.10$68,524
Aug 201622,83541.442.92$66,777
Jul 201623,18741.622.92$67,807
Jun 201622,83845.352.69$61,339
May 201624,35442.521.99$48,490
Apr 201624,01636.561.99$47,817
Mar 201625,17033.011.79$45,155
Feb 201624,19826.472.06$49,936
Jan 201624,99927.352.36$59,107
Dec 201522,86832.362.00$45,768
Nov 201523,41338.792.17$50,744
Oct 201524,93243.552.43$60,499
Sep 201524,98042.992.76$68,905
Aug 201527,14440.162.87$77,971
Jul 201527,89748.152.95$82,159
Jun 201529,01356.152.88$83,640
May 201531,90555.212.96$94,294
Apr 201535,42049.822.71$95,867
Mar 201539,44042.892.93$115,745
Feb 201539,52844.662.98$117,643
Jan 201525,83443.433.10$80,102
Dec 20141,45754.693.59$5,233
Nov 20147,36370.464.25$31,306
Oct 201416,67178.303.90$65,033
Sep 201415,83686.164.05$64,064
Aug 201415,42889.394.04$62,254
Jul 201415,97296.564.18$66,757
Jun 201416,56698.164.74$78,471
May 201417,57394.734.73$83,060
Apr 201417,77595.944.81$85,482
Mar 201417,81195.895.06$90,067
Feb 201416,37997.406.19$101,419
Jan 201419,35490.404.86$94,074
Dec 201319,44091.824.35$84,651
Nov 201319,21888.853.74$71,842
Oct 201319,28097.423.78$72,866
Sep 201317,888104.113.72$66,503
Aug 201318,695104.253.52$65,855
Jul 201319,218102.523.72$71,448
Jun 201319,49094.403.93$76,662
May 201319,23694.834.15$79,812
Apr 201319,14693.964.28$81,994
Mar 201319,73393.623.91$77,213
Feb 201319,69591.233.42$67,355
Jan 201318,44691.603.42$63,084
Dec 201218,69386.773.42$63,933
Nov 201219,30286.953.62$69,969
Oct 201219,03189.383.40$64,699
Sep 201220,06694.672.92$58,561
Aug 201216,63192.662.91$48,366
Jul 201219,08685.133.02$57,655
Jun 201220,98279.822.52$52,855
May 201221,96291.612.49$54,648
Apr 201221,596101.652.00$43,123
Mar 201221,416105.052.22$47,588
Feb 201223,476101.102.57$60,339
Jan 201224,08598.092.73$65,850
Dec 201122,03096.873.24$71,371
Nov 201121,08795.723.31$69,825
Oct 201122,58384.983.65$82,395
Sep 201122,03083.623.99$87,807
Aug 201123,11983.404.15$95,928
Jul 201124,42194.144.52$110,316
Jun 201123,46892.904.64$108,889
May 201124,33398.134.40$107,182
Apr 201124,055105.964.33$104,237
Mar 201125,15096.364.06$102,042
Feb 201123,21485.644.18$97,034
Jan 201126,36786.504.59$120,992
Dec 201026,86085.734.35$116,781
Nov 201026,20080.843.80$99,438
Oct 201028,62278.103.51$100,431
Sep 201027,47372.633.98$109,328
Aug 201031,46073.684.42$139,033
Jul 201017,33172.554.74$82,088
Jun 201027,79870.364.91$136,499
May 201029,43371.124.24$124,655
Apr 201029,14481.694.12$120,152
Mar 201030,55078.394.39$134,074
Feb 201028,58073.585.44$155,543
Jan 201031,94774.365.96$190,535
Dec 200932,76071.445.48$179,648
Nov 200932,08274.593.75$120,356
Oct 200938,37872.544.11$157,743
Sep 200932,50365.543.06$99,614
Aug 200934,00267.423.22$109,435
Jul 200935,13961.133.46$121,739
Jun 200936,23466.163.90$141,131
May 200937,56054.743.93$147,451
Apr 200936,58946.773.59$131,263
Mar 200938,23442.144.06$155,192
Feb 200935,84532.814.63$166,070
Jan 200940,13035.865.37$215,538
Dec 200839,11837.105.98$233,814
Nov 200839,42155.496.86$270,442
Oct 200841,55875.246.92$287,664
Sep 200840,798101.767.88$321,370
Aug 200846,177114.228.48$391,720
Jul 200843,156131.0811.39$491,522
Jun 200844,237131.3313.03$576,524
May 200832,063123.1711.57$371,106
Apr 200846,040110.3110.45$481,342
Mar 200852,856101.909.66$510,804
Feb 200850,59892.538.77$443,774
Jan 200856,33690.388.21$462,278
Dec 200763,07988.337.30$460,601
Nov 200764,10091.677.29$467,398
Oct 200771,96482.856.92$498,133
Sep 200737,38575.846.24$233,438

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                7,335 Mcf  × $  3.05 =    $22,341

────────────────────────────────────────────────────
Month total                                  $22,341

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/237224 is the state's own key, not one this site invented.