SHULTS

Name: SHULTS lease production and value, May 2009 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EOG RESOURCES, INC. (P-5 253162) 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 274499District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.7 M

May 2009 – May 2026

Value, last 12 filed months

$42 k

at the published price for each month

Months reported

205

no gaps in the span

Streams

condensate, gas

The NEWARK, EAST (BARNETT SHALE) field

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”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2014-12-05	208377
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Condensate	Disposition	6,765 bbl	$519,480
Gas	Production	346,839 Mcf	$1,212,448
Total			$1,731,928

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.5208, -97.5326. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.52081, -97.53261 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

8,123 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

00.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

NeitherNo plug date, and not on the schedule.

1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,123 ft.

Completions filed

May 2008

1 of 1 wells

1 well


42-33733965	1	8,123 ft	May 2008	—	—

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (205)

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

205 months


May 2026	0	1,221	106.41	3.05	$3,719
Apr 2026	0	1,199	98.93	2.87	$3,441
Mar 2026	0	1,150	89.75	3.15	$3,622
Feb 2026	0	689	63.50	3.75	$2,584
Jan 2026	0	803	59.13	8.00	$6,422
Dec 2025	0	747	56.66	4.41	$3,297
Nov 2025	0	785	58.59	3.93	$3,082
Oct 2025	0	843	59.38	3.30	$2,786
Sep 2025	0	999	62.74	3.08	$3,074
Aug 2025	0	1,158	63.93	3.01	$3,491
Jul 2025	0	1,106	66.74	3.32	$3,667
Jun 2025	0	1,047	66.48	3.13	$3,276
May 2025	1	1,125	60.55	3.23	$3,697
Apr 2025	129	1,150	62.36	3.54	$12,119
Mar 2025	0	1,148	67.70	4.27	$4,900
Feb 2025	0	1,035	70.88	4.34	$4,493
Jan 2025	0	1,220	74.32	4.28	$5,220
Dec 2024	0	1,212	68.99	3.12	$3,783
Nov 2024	0	1,159	69.05	2.20	$2,548
Oct 2024	0	1,204	71.37	2.28	$2,747
Sep 2024	0	1,175	69.61	2.36	$2,778
Aug 2024	0	1,196	75.63	2.06	$2,468
Jul 2024	0	1,207	79.93	2.15	$2,591
Jun 2024	0	1,182	78.08	2.63	$3,113
May 2024	0	1,221	78.81	2.20	$2,684
Apr 2024	0	1,169	84.45	1.66	$1,940
Mar 2024	0	1,202	80.30	1.55	$1,857
Feb 2024	1	1,123	76.09	1.78	$2,079
Jan 2024	0	1,244	73.02	3.30	$4,102
Dec 2023	0	1,195	71.26	2.61	$3,120
Nov 2023	0	1,243	77.89	2.81	$3,490
Oct 2023	0	1,289	85.44	3.09	$3,980
Sep 2023	0	1,197	89.04	2.74	$3,274
Aug 2023	0	1,242	80.52	2.67	$3,320
Jul 2023	1	1,253	74.85	2.64	$3,385
Jun 2023	0	1,252	68.96	2.26	$2,828
May 2023	0	1,304	70.62	2.23	$2,905
Apr 2023	0	1,316	78.12	2.24	$2,945
Mar 2023	0	1,402	72.85	2.39	$3,355
Feb 2023	0	1,267	75.11	2.47	$3,124
Jan 2023	0	1,851	76.53	3.39	$6,271
Dec 2022	0	1,799	76.41	5.73	$10,307
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	448	87.18	5.86	$2,627
Sep 2022	0	1,258	84.88	8.16	$10,270
Aug 2022	0	1,333	94.52	9.13	$12,167
Jul 2022	0	1,350	101.58	7.54	$10,182
Jun 2022	0	1,296	115.09	7.98	$10,338
May 2022	0	1,347	109.37	8.43	$11,359
Apr 2022	162	1,330	104.22	6.84	$25,978
Mar 2022	0	1,386	108.88	5.08	$7,036
Feb 2022	0	1,252	91.05	4.86	$6,083
Jan 2022	0	1,419	81.84	4.54	$6,439
Dec 2021	0	1,441	71.32	3.90	$5,619
Nov 2021	0	1,389	77.43	5.24	$7,274
Oct 2021	0	1,318	79.79	5.71	$7,531
Sep 2021	0	1,227	69.86	5.35	$6,566
Aug 2021	0	1,288	66.02	4.22	$5,436
Jul 2021	0	1,303	70.78	3.98	$5,189
Jun 2021	0	1,283	69.49	3.38	$4,337
May 2021	0	1,337	63.48	3.02	$4,035
Apr 2021	0	1,372	60.36	2.76	$3,785
Mar 2021	0	1,354	61.30	2.72	$3,679
Feb 2021	0	1,026	57.80	5.55	$5,692
Jan 2021	0	1,422	50.41	2.81	$3,996
Dec 2020	0	1,470	44.64	2.68	$3,933
Nov 2020	0	1,356	38.77	2.71	$3,670
Oct 2020	0	1,522	36.97	2.48	$3,772
Sep 2020	0	1,469	37.09	1.99	$2,925
Aug 2020	0	1,586	39.98	2.39	$3,783
Jul 2020	0	1,714	38.37	1.83	$3,128
Jun 2020	0	2,014	34.90	1.69	$3,404
May 2020	0	1,732	16.92	1.81	$3,143
Apr 2020	0	35	14.75	1.80	$63
Mar 2020	0	1,671	30.34	1.86	$3,102
Feb 2020	0	1,179	49.88	1.98	$2,335
Jan 2020	0	1,705	57.25	2.09	$3,572
Dec 2019	0	1,626	59.01	2.30	$3,747
Nov 2019	0	1,528	55.30	2.75	$4,203
Oct 2019	0	1,447	53.47	2.42	$3,500
Sep 2019	0	1,239	55.05	2.66	$3,292
Aug 2019	0	1,603	53.11	2.30	$3,694
Jul 2019	0	1,694	56.27	2.46	$4,167
Jun 2019	0	1,971	52.78	2.49	$4,910
May 2019	0	3,074	58.48	2.74	$8,424
Apr 2019	0	1,854	62.63	2.75	$5,100
Mar 2019	0	1,129	56.80	3.06	$3,457
Feb 2019	1	1,559	50.85	2.79	$4,404
Jan 2019	0	1,753	46.03	3.23	$5,659
Dec 2018	0	1,764	46.59	4.19	$7,383
Nov 2018	0	1,719	52.93	4.24	$7,284
Oct 2018	0	1,780	61.44	3.40	$6,049
Sep 2018	0	1,733	59.54	3.11	$5,386
Aug 2018	141	1,816	59.40	3.07	$13,944
Jul 2018	1	1,872	65.14	2.93	$5,554
Jun 2018	0	1,822	60.18	3.08	$5,606
May 2018	0	1,787	65.38	2.90	$5,184
Apr 2018	0	1,828	63.84	2.90	$5,303
Mar 2018	0	1,885	61.22	2.79	$5,253
Feb 2018	0	1,723	61.78	2.77	$4,766
Jan 2018	0	2,012	62.87	4.01	$8,067
Dec 2017	0	2,056	57.27	2.92	$6,007
Nov 2017	0	2,038	55.42	3.12	$6,355
Oct 2017	0	2,124	49.29	2.98	$6,337
Sep 2017	160	2,046	47.52	3.09	$13,920
Aug 2017	0	2,101	45.37	3.00	$6,312
Jul 2017	0	2,004	43.87	3.09	$6,187
Jun 2017	0	1,859	42.49	3.09	$5,739
May 2017	0	1,780	45.37	3.26	$5,809
Apr 2017	0	1,774	47.93	3.21	$5,697
Mar 2017	0	1,802	46.77	2.98	$5,377
Feb 2017	0	1,619	50.45	2.95	$4,780
Jan 2017	171	1,822	49.41	3.42	$14,678
Dec 2016	0	1,880	48.76	3.72	$6,999
Nov 2016	0	1,867	42.49	2.64	$4,937
Oct 2016	0	1,964	46.19	3.09	$6,069
Sep 2016	0	1,838	41.55	3.10	$5,699
Aug 2016	0	1,946	41.44	2.92	$5,691
Jul 2016	0	1,937	41.62	2.92	$5,664
Jun 2016	0	1,959	45.35	2.69	$5,262
May 2016	174	1,952	42.52	1.99	$11,285
Apr 2016	0	1,975	36.56	1.99	$3,932
Mar 2016	0	2,143	33.01	1.79	$3,845
Feb 2016	1	2,003	26.47	2.06	$4,160
Jan 2016	171	2,101	27.35	2.36	$9,644
Dec 2015	0	1,876	32.36	2.00	$3,755
Nov 2015	0	2,001	38.79	2.17	$4,337
Oct 2015	1	1,974	43.55	2.43	$4,834
Sep 2015	179	1,745	42.99	2.76	$12,509
Aug 2015	0	1,615	40.16	2.87	$4,639
Jul 2015	0	1,294	48.15	2.95	$3,811
Jun 2015	167	1,180	56.15	2.88	$12,779
May 2015	0	1,364	55.21	2.96	$4,031
Apr 2015	0	1,455	49.82	2.71	$3,938
Mar 2015	0	1,507	42.89	2.93	$4,423
Feb 2015	184	1,371	44.66	2.98	$12,298
Jan 2015	0	1,468	43.43	3.10	$4,552
Dec 2014	0	1,483	54.69	3.59	$5,326
Nov 2014	0	1,429	70.46	4.25	$6,076
Oct 2014	0	1,467	78.30	3.90	$5,723
Sep 2014	179	1,446	86.16	4.05	$21,272
Aug 2014	0	1,511	89.39	4.04	$6,097
Jul 2014	0	1,541	96.56	4.18	$6,441
Jun 2014	0	1,525	98.16	4.74	$7,224
May 2014	0	1,638	94.73	4.73	$7,742
Apr 2014	174	1,611	95.94	4.81	$24,441
Mar 2014	0	1,739	95.89	5.06	$8,794
Feb 2014	0	1,629	97.40	6.19	$10,087
Jan 2014	185	1,814	90.40	4.86	$25,541
Dec 2013	0	1,941	91.82	4.35	$8,452
Nov 2013	187	1,835	88.85	3.74	$23,475
Oct 2013	0	1,847	97.42	3.78	$6,980
Sep 2013	0	1,895	104.11	3.72	$7,045
Aug 2013	0	1,881	104.25	3.52	$6,626
Jul 2013	178	1,668	102.52	3.72	$24,450
Jun 2013	0	1,648	94.40	3.93	$6,482
May 2013	0	1,666	94.83	4.15	$6,912
Apr 2013	184	1,643	93.96	4.28	$24,325
Mar 2013	0	1,621	93.62	3.91	$6,343
Feb 2013	0	1,431	91.23	3.42	$4,894
Jan 2013	0	1,781	91.60	3.42	$6,091
Dec 2012	0	1,786	86.77	3.42	$6,108
Nov 2012	168	1,973	86.95	3.62	$21,760
Oct 2012	0	2,118	89.38	3.40	$7,201
Sep 2012	173	2,113	94.67	2.92	$22,544
Aug 2012	0	2,141	92.66	2.91	$6,226
Jul 2012	172	1,974	85.13	3.02	$20,605
Jun 2012	0	2,045	79.82	2.52	$5,151
May 2012	173	1,990	91.61	2.49	$20,800
Apr 2012	0	1,978	101.65	2.00	$3,950
Mar 2012	173	2,027	105.05	2.22	$22,678
Feb 2012	0	2,099	101.10	2.57	$5,395
Jan 2012	174	2,395	98.09	2.73	$23,616
Dec 2011	0	2,662	96.87	3.24	$8,624
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	1,638	83.62	3.99	$6,529
Aug 2011	0	1,858	83.40	4.15	$7,709
Jul 2011	178	2,037	94.14	4.52	$25,959
Jun 2011	0	2,083	92.90	4.64	$9,665
May 2011	171	2,342	98.13	4.40	$27,096
Apr 2011	0	2,476	105.96	4.33	$10,729
Mar 2011	168	2,794	96.36	4.06	$27,525
Feb 2011	0	2,263	85.64	4.18	$9,459
Jan 2011	0	2,665	86.50	4.59	$12,229
Dec 2010	171	2,788	85.73	4.35	$26,781
Nov 2010	185	2,442	80.84	3.80	$24,224
Oct 2010	170	2,511	78.10	3.51	$22,088
Sep 2010	0	2,787	72.63	3.98	$11,091
Aug 2010	167	3,014	73.68	4.42	$25,625
Jul 2010	0	2,977	72.55	4.74	$14,101
Jun 2010	350	2,918	70.36	4.91	$38,955
May 2010	0	2,918	71.12	4.24	$12,358
Apr 2010	345	2,706	81.69	4.12	$39,339
Mar 2010	0	2,835	78.39	4.39	$12,442
Feb 2010	349	2,416	73.58	5.44	$38,828
Jan 2010	0	2,751	74.36	5.96	$16,407
Dec 2009	184	2,850	71.44	5.48	$28,774
Nov 2009	191	2,870	74.59	3.75	$25,014
Oct 2009	0	3,105	72.54	4.11	$12,762
Sep 2009	0	3,544	65.54	3.06	$10,861
Aug 2009	186	5,402	67.42	3.22	$29,926
Jul 2009	185	6,057	61.13	3.46	$32,294
Jun 2009	0	182	66.16	3.90	$709
May 2009	0	0	54.74	3.93	$0

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

Condensate             0 bbl  × $106.41 =         $0
Gas                1,221 Mcf  × $  3.05 =     $3,719

────────────────────────────────────────────────────
Month total                                   $3,719

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/274499 is the state's own key, not one this site invented.