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 240249District 09Field 65280200GasSaveExport
Value, all time
$16.3 M
Jun 2008 – May 2026
Value, last 12 filed months
$315 k
at the published price for each month
Months reported
216
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
GasProduction4,115,623 Mcf$16,251,472
Total$16,251,472

Every month this lease reported (216)

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

216 months

May 20267,924106.413.05$24,135
Apr 20268,30298.932.87$23,824
Mar 20268,14989.753.15$25,665
Feb 20263,99463.503.75$14,979
Jan 20263,13459.138.00$25,065
Dec 20258,66756.664.41$38,251
Nov 20258,59358.593.93$33,740
Oct 20258,34759.383.30$27,586
Sep 20257,93262.743.08$24,406
Aug 20257,25063.933.01$21,857
Jul 20258,48166.743.32$28,116
Jun 20258,73966.483.13$27,342
May 20259,17760.553.23$29,663
Apr 20258,82762.363.54$31,275
Mar 20259,03967.704.27$38,581
Feb 20257,88070.884.34$34,206
Jan 20259,54374.324.28$40,831
Dec 20249,43868.993.12$29,459
Nov 20249,24769.052.20$20,329
Oct 20249,54671.372.28$21,778
Sep 20249,38769.612.36$22,194
Aug 20249,81475.632.06$20,252
Jul 20249,74979.932.15$20,927
Jun 20249,62278.082.63$25,344
May 202410,06878.812.20$22,134
Apr 20249,65684.451.66$16,021
Mar 202410,13580.301.55$15,660
Feb 20249,61676.091.78$17,151
Jan 20249,81773.023.30$32,373
Dec 202310,41171.262.61$27,180
Nov 202310,17877.892.81$28,575
Oct 202310,28085.443.09$31,737
Sep 202310,12889.042.74$27,700
Aug 202310,63780.522.67$28,431
Jul 202310,42074.852.64$27,528
Jun 202310,44368.962.26$23,585
May 20239,99170.622.23$22,254
Apr 202310,56278.122.24$23,635
Mar 202310,97372.852.39$26,260
Feb 20239,81275.112.47$24,193
Jan 202311,52576.533.39$39,043
Dec 202211,00576.415.73$63,049
Nov 20229,96685.005.65$56,270
Oct 202211,40487.185.86$66,870
Sep 202211,63884.888.16$95,009
Aug 202212,38594.529.13$113,040
Jul 202212,212101.587.54$92,104
Jun 202211,595115.097.98$92,496
May 202211,081109.378.43$93,447
Apr 202211,707104.226.84$80,048
Mar 202212,523108.885.08$63,572
Feb 202211,30391.054.86$54,919
Jan 202213,18281.844.54$59,816
Dec 202113,35971.323.90$52,088
Nov 202113,40677.435.24$70,205
Oct 202112,88679.795.71$73,629
Sep 202111,89569.865.35$63,649
Aug 202112,25466.024.22$51,719
Jul 202112,16170.783.98$48,426
Jun 202112,23069.493.38$41,345
May 202112,85763.483.02$38,798
Apr 202112,58860.362.76$34,723
Mar 202113,24161.302.72$35,975
Feb 20218,61557.805.55$47,796
Jan 202113,15150.412.81$36,958
Dec 202012,92044.642.68$34,567
Nov 202013,07538.772.71$35,388
Oct 202013,45736.972.48$33,352
Sep 202012,83037.091.99$25,545
Aug 202013,52139.982.39$32,249
Jul 202013,66638.371.83$24,942
Jun 202013,27434.901.69$22,437
May 202013,81216.921.81$25,065
Apr 202013,57914.751.80$24,502
Mar 202014,07230.341.86$26,121
Feb 202013,34949.881.98$26,440
Jan 202014,47257.252.09$30,315
Dec 201914,66059.012.30$33,782
Nov 201914,43455.302.75$39,704
Oct 201915,06153.472.42$36,426
Sep 201914,55355.052.66$38,671
Aug 201915,12353.112.30$34,849
Jul 201915,41056.272.46$37,910
Jun 201914,91852.782.49$37,164
May 201915,50158.482.74$42,478
Apr 201915,23262.632.75$41,899
Mar 201915,78656.803.06$48,338
Feb 201914,34050.852.79$40,040
Jan 201916,33246.033.23$52,723
Dec 201816,38746.594.19$68,587
Nov 201815,94052.934.24$67,542
Oct 201816,62761.443.40$56,500
Sep 201816,32659.543.11$50,741
Aug 201815,66059.403.07$48,022
Jul 201817,33965.142.93$50,836
Jun 201816,85560.183.08$51,861
May 201817,58265.382.90$51,002
Apr 201817,37163.842.90$50,390
Mar 201818,16561.222.79$50,623
Feb 201816,67361.782.77$46,120
Jan 201818,46062.874.01$74,012
Dec 201719,10857.272.92$55,824
Nov 2017055.423.12$0
Oct 201719,89949.292.98$59,372
Sep 201719,22447.523.09$59,350
Aug 2017045.373.00$0
Jul 201720,28143.873.09$62,613
Jun 201719,79542.493.09$61,113
May 201721,06945.373.26$68,757
Apr 201720,42747.933.21$65,603
Mar 201721,11046.772.98$62,985
Feb 201719,38750.452.95$57,242
Jan 201722,73049.413.42$77,709
Dec 201623,69548.763.72$88,212
Nov 201623,14642.492.64$61,206
Oct 201625,20446.193.09$77,887
Sep 201626,62341.553.10$82,548
Aug 201625,63941.442.92$74,977
Jul 201625,99641.622.92$76,021
Jun 201625,57745.352.69$68,695
May 201627,13342.521.99$54,023
Apr 201626,30036.561.99$52,364
Mar 201627,92233.011.79$50,092
Feb 201627,15826.472.06$56,044
Jan 201630,37127.352.36$71,808
Dec 201530,84132.362.00$61,725
Nov 201531,71538.792.17$68,737
Oct 201530,72443.552.43$74,554
Sep 201530,41542.992.76$83,897
Aug 201525,57240.162.87$73,455
Jul 20156,55948.152.95$19,317
Jun 201514,88156.152.88$42,900
May 201515,82655.212.96$46,773
Apr 201514,37049.822.71$38,893
Mar 201515,79142.892.93$46,342
Feb 201514,32544.662.98$42,634
Jan 201514,44743.433.10$44,795
Dec 201416,70454.693.59$59,990
Nov 201416,40370.464.25$69,743
Oct 201416,40678.303.90$63,999
Sep 201415,94486.164.05$64,501
Aug 201417,36289.394.04$70,058
Jul 201417,40796.564.18$72,754
Jun 201416,38798.164.74$77,623
May 201417,31394.734.73$81,831
Apr 201416,92995.944.81$81,414
Mar 201417,59695.895.06$88,979
Feb 201413,50397.406.19$83,611
Jan 201417,68690.404.86$85,967
Dec 201319,29091.824.35$83,998
Nov 201317,71488.853.74$66,220
Oct 201318,22997.423.78$68,894
Sep 201318,468104.113.72$68,659
Aug 201319,585104.253.52$68,990
Jul 201320,478102.523.72$76,132
Jun 201319,36994.403.93$76,186
May 201320,09594.834.15$83,376
Apr 201318,85293.964.28$80,735
Mar 201319,79693.623.91$77,459
Feb 201317,27591.233.42$59,079
Jan 201318,30591.603.42$62,601
Dec 201222,96486.773.42$78,541
Nov 201221,81586.953.62$79,079
Oct 201223,55889.383.40$80,090
Sep 201224,54694.672.92$71,635
Aug 201217,32792.662.91$50,390
Jul 201223,95785.133.02$72,369
Jun 201222,59379.822.52$56,913
May 201220,50691.612.49$51,025
Apr 201218,760101.652.00$37,460
Mar 201222,636105.052.22$50,299
Feb 201219,959101.102.57$51,299
Jan 201220,98598.092.73$57,375
Dec 201121,15196.873.24$68,524
Nov 201122,33495.723.31$73,954
Oct 201123,12184.983.65$84,358
Sep 201121,63883.623.99$86,245
Aug 201122,10683.404.15$91,725
Jul 201123,10794.144.52$104,380
Jun 201122,57092.904.64$104,722
May 201123,87298.134.40$105,152
Apr 201123,984105.964.33$103,929
Mar 201126,01996.364.06$105,568
Feb 201123,90585.644.18$99,922
Jan 201128,64286.504.59$131,432
Dec 201031,59985.734.35$137,385
Nov 201027,15580.843.80$103,062
Oct 201028,24078.103.51$99,091
Sep 201029,02472.633.98$115,500
Aug 201027,93973.684.42$123,473
Jul 201028,78272.554.74$136,326
Jun 201028,11570.364.91$138,056
May 201029,29371.124.24$124,062
Apr 201029,46681.694.12$121,479
Mar 201031,02278.394.39$136,145
Feb 201031,94373.585.44$173,845
Jan 201032,75974.365.96$195,378
Dec 200935,28871.445.48$193,511
Nov 200937,57374.593.75$140,955
Oct 200939,98772.544.11$164,357
Sep 200938,57565.543.06$118,223
Aug 200936,04667.423.22$116,014
Jul 200941,88161.133.46$145,097
Jun 200942,12666.163.90$164,081
May 200942,28054.743.93$165,981
Apr 200940,31646.773.59$144,634
Mar 200942,55542.144.06$172,731
Feb 200940,33332.814.63$186,863
Jan 200946,37935.865.37$249,102
Dec 200847,36137.105.98$283,083
Nov 200847,11355.496.86$323,212
Oct 200850,28175.246.92$348,044
Sep 200849,254101.767.88$387,978
Aug 200853,339114.228.48$452,476
Jul 200856,013131.0811.39$637,956
Jun 200830,336131.3313.03$395,358

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                7,924 Mcf  × $  3.05 =    $24,135

────────────────────────────────────────────────────
Month total                                  $24,135

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/240249 is the state's own key, not one this site invented.