SHOULTS, W. C.

Name: SHOULTS, W. C. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BASA RESOURCES, INC. (P-5 53974) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7017District 6EField 27302001OilCasinghead gasSave Export

Value, all time

$1.9 M

Jan 1993 – Apr 2022

Value, last 12 filed months

$103

at the published price for each month

Months reported

352

no gaps in the span

Streams

oil, casinghead gas

The EAST TEXAS 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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered

1930-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

330 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: “THIS ORDER TO BE CANCELLED”

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
Oil	Disposition	79,537 bbl	$1,835,118
Casinghead gas	Production	25,141 Mcf	$71,781
Total			$1,906,899

6,553 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (352)

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

352 months


Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	1	69.49	3.38	$3
May 2021	0	33	63.48	3.02	$100
Apr 2021	0	6	60.36	2.76	$17
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	14	44.64	2.68	$37
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	2	37.09	1.99	$4
Aug 2020	0	7	39.98	2.39	$17
Jul 2020	167	36	38.37	1.83	$6,473
Jun 2020	90	32	34.90	1.69	$3,195
May 2020	0	0	16.92	1.81	$0
Apr 2020	184	0	14.75	1.80	$2,714
Mar 2020	0	1	30.34	1.86	$2
Feb 2020	0	1	49.88	1.98	$2
Jan 2020	0	7	57.25	2.09	$15
Dec 2019	163	1	59.01	2.30	$9,621
Nov 2019	0	6	55.30	2.75	$17
Oct 2019	162	2	53.47	2.42	$8,667
Sep 2019	0	9	55.05	2.66	$24
Aug 2019	0	2	53.11	2.30	$5
Jul 2019	125	3	56.27	2.46	$7,041
Jun 2019	0	48	52.78	2.49	$120
May 2019	0	44	58.48	2.74	$121
Apr 2019	56	54	62.63	2.75	$3,656
Mar 2019	0	117	56.80	3.06	$358
Feb 2019	0	14	50.85	2.79	$39
Jan 2019	27	98	46.03	3.23	$1,559
Dec 2018	0	144	46.59	4.19	$603
Nov 2018	51	41	52.93	4.24	$2,873
Oct 2018	0	32	61.44	3.40	$109
Sep 2018	0	32	59.54	3.11	$99
Aug 2018	0	55	59.40	3.07	$169
Jul 2018	26	46	65.14	2.93	$1,829
Jun 2018	0	47	60.18	3.08	$145
May 2018	275	94	65.38	2.90	$18,252
Apr 2018	0	75	63.84	2.90	$218
Mar 2018	15	109	61.22	2.79	$1,222
Feb 2018	19	101	61.78	2.77	$1,453
Jan 2018	0	74	62.87	4.01	$297
Dec 2017	0	71	57.27	2.92	$207
Nov 2017	19	61	55.42	3.12	$1,243
Oct 2017	0	59	49.29	2.98	$176
Sep 2017	0	59	47.52	3.09	$182
Aug 2017	135	88	45.37	3.00	$6,389
Jul 2017	0	62	43.87	3.09	$191
Jun 2017	0	63	42.49	3.09	$195
May 2017	0	57	45.37	3.26	$186
Apr 2017	58	56	47.93	3.21	$2,960
Mar 2017	0	60	46.77	2.98	$179
Feb 2017	0	59	50.45	2.95	$174
Jan 2017	0	82	49.41	3.42	$280
Dec 2016	63	39	48.76	3.72	$3,217
Nov 2016	0	56	42.49	2.64	$148
Oct 2016	0	64	46.19	3.09	$198
Sep 2016	0	73	41.55	3.10	$226
Aug 2016	0	117	41.44	2.92	$342
Jul 2016	0	143	41.62	2.92	$418
Jun 2016	0	182	45.35	2.69	$489
May 2016	0	68	42.52	1.99	$135
Apr 2016	0	68	36.56	1.99	$135
Mar 2016	0	72	33.01	1.79	$129
Feb 2016	0	53	26.47	2.06	$109
Jan 2016	0	2	27.35	2.36	$5
Dec 2015	0	12	32.36	2.00	$24
Nov 2015	0	9	38.79	2.17	$20
Oct 2015	0	47	43.55	2.43	$114
Sep 2015	0	86	42.99	2.76	$237
Aug 2015	67	93	40.16	2.87	$2,958
Jul 2015	0	98	48.15	2.95	$289
Jun 2015	61	91	56.15	2.88	$3,687
May 2015	0	88	55.21	2.96	$260
Apr 2015	0	81	49.82	2.71	$219
Mar 2015	0	39	42.89	2.93	$114
Feb 2015	36	62	44.66	2.98	$1,792
Jan 2015	0	66	43.43	3.10	$205
Dec 2014	0	75	54.69	3.59	$269
Nov 2014	39	72	70.46	4.25	$3,054
Oct 2014	0	63	78.30	3.90	$246
Sep 2014	40	84	86.16	4.05	$3,786
Aug 2014	0	64	89.39	4.04	$258
Jul 2014	0	33	96.56	4.18	$138
Jun 2014	31	31	98.16	4.74	$3,190
May 2014	0	32	94.73	4.73	$151
Apr 2014	0	22	95.94	4.81	$106
Mar 2014	33	16	95.89	5.06	$3,245
Feb 2014	0	14	97.40	6.19	$87
Jan 2014	41	16	90.40	4.86	$3,784
Dec 2013	0	8	91.82	4.35	$35
Nov 2013	0	15	88.85	3.74	$56
Oct 2013	35	24	97.42	3.78	$3,500
Sep 2013	0	34	104.11	3.72	$126
Aug 2013	38	42	104.25	3.52	$4,109
Jul 2013	0	41	102.52	3.72	$152
Jun 2013	37	42	94.40	3.93	$3,658
May 2013	0	33	94.83	4.15	$137
Apr 2013	40	55	93.96	4.28	$3,994
Mar 2013	41	57	93.62	3.91	$4,061
Feb 2013	41	49	91.23	3.42	$3,908
Jan 2013	37	55	91.60	3.42	$3,577
Dec 2012	37	58	86.77	3.42	$3,409
Nov 2012	0	59	86.95	3.62	$214
Oct 2012	41	46	89.38	3.40	$3,821
Sep 2012	37	69	94.67	2.92	$3,704
Aug 2012	0	61	92.66	2.91	$177
Jul 2012	39	67	85.13	3.02	$3,522
Jun 2012	42	54	79.82	2.52	$3,488
May 2012	35	68	91.61	2.49	$3,376
Apr 2012	39	56	101.65	2.00	$4,076
Mar 2012	43	61	105.05	2.22	$4,653
Feb 2012	0	314	101.10	2.57	$807
Jan 2012	43	61	98.09	2.73	$4,385
Dec 2011	49	55	96.87	3.24	$4,925
Nov 2011	44	61	95.72	3.31	$4,414
Oct 2011	45	64	84.98	3.65	$4,058
Sep 2011	48	77	83.62	3.99	$4,321
Aug 2011	48	98	83.40	4.15	$4,410
Jul 2011	45	98	94.14	4.52	$4,679
Jun 2011	50	97	92.90	4.64	$5,095
May 2011	44	85	98.13	4.40	$4,692
Apr 2011	83	87	105.96	4.33	$9,172
Mar 2011	0	83	96.36	4.06	$337
Feb 2011	91	73	85.64	4.18	$8,098
Jan 2011	0	80	86.50	4.59	$367
Dec 2010	94	85	85.73	4.35	$8,428
Nov 2010	92	85	80.84	3.80	$7,760
Oct 2010	49	95	78.10	3.51	$4,160
Sep 2010	48	98	72.63	3.98	$3,876
Aug 2010	83	104	73.68	4.42	$6,575
Jul 2010	49	101	72.55	4.74	$4,033
Jun 2010	46	96	70.36	4.91	$3,708
May 2010	58	100	71.12	4.24	$4,548
Apr 2010	42	98	81.69	4.12	$3,835
Mar 2010	58	79	78.39	4.39	$4,893
Feb 2010	43	70	73.58	5.44	$3,545
Jan 2010	83	75	74.36	5.96	$6,619
Dec 2009	103	82	71.44	5.48	$7,808
Nov 2009	55	86	74.59	3.75	$4,425
Oct 2009	58	87	72.54	4.11	$4,565
Sep 2009	55	99	65.54	3.06	$3,908
Aug 2009	64	100	67.42	3.22	$4,637
Jul 2009	57	54	61.13	3.46	$3,671
Jun 2009	59	62	66.16	3.90	$4,145
May 2009	51	53	54.74	3.93	$3,000
Apr 2009	60	41	46.77	3.59	$2,953
Mar 2009	62	42	42.14	4.06	$2,783
Feb 2009	54	41	32.81	4.63	$1,962
Jan 2009	57	24	35.86	5.37	$2,173
Dec 2008	39	40	37.10	5.98	$1,686
Nov 2008	44	42	55.49	6.86	$2,730
Oct 2008	54	79	75.24	6.92	$4,610
Sep 2008	34	44	101.76	7.88	$3,806
Aug 2008	57	54	114.22	8.48	$6,969
Jul 2008	64	59	131.08	11.39	$9,061
Jun 2008	59	53	131.33	13.03	$8,439
May 2008	59	54	123.17	11.57	$7,892
Apr 2008	86	45	110.31	10.45	$9,957
Mar 2008	45	46	101.90	9.66	$5,030
Feb 2008	47	41	92.53	8.77	$4,709
Jan 2008	75	38	90.38	8.21	$7,090
Dec 2007	59	43	88.33	7.30	$5,525
Nov 2007	62	46	91.67	7.29	$6,019
Oct 2007	80	56	82.85	6.92	$7,016
Sep 2007	65	56	75.84	6.24	$5,279
Aug 2007	87	62	69.06	6.39	$6,404
Jul 2007	67	0	70.90	6.39	$4,750
Jun 2007	58	52	62.00	7.55	$3,989
May 2007	97	35	58.74	7.85	$5,972
Apr 2007	96	38	59.61	7.81	$6,019
Mar 2007	97	32	56.92	7.30	$5,755
Feb 2007	97	0	55.10	8.22	$5,345
Jan 2007	78	0	50.30	6.73	$3,923
Dec 2006	64	0	56.65	6.92	$3,626
Nov 2006	70	32	54.20	7.62	$4,038
Oct 2006	59	0	54.90	6.01	$3,239
Sep 2006	66	48	60.08	5.04	$4,207
Aug 2006	100	0	68.71	7.34	$6,871
Jul 2006	81	12	69.37	6.34	$5,695
Jun 2006	77	10	66.28	6.38	$5,167
May 2006	94	12	66.01	6.42	$6,282
Apr 2006	38	0	64.39	7.36	$2,447
Mar 2006	55	0	56.70	7.08	$3,119
Feb 2006	68	0	57.59	7.75	$3,916
Jan 2006	63	0	60.59	8.93	$3,817
Dec 2005	93	0	54.94	13.42	$5,109
Nov 2005	50	0	54.69	10.59	$2,735
Oct 2005	84	63	58.34	13.80	$5,770
Sep 2005	74	0	61.45	12.08	$4,547
Aug 2005	100	77	61.51	9.80	$6,905
Jul 2005	87	77	55.69	7.84	$5,449
Jun 2005	95	72	52.33	7.38	$5,503
May 2005	82	73	45.22	6.65	$4,194
Apr 2005	56	11	49.20	7.36	$2,836
Mar 2005	96	18	50.37	7.15	$4,964
Feb 2005	47	37	45.22	6.31	$2,359
Jan 2005	74	53	43.16	6.32	$3,529
Dec 2004	86	0	39.86	6.75	$3,428
Nov 2004	93	53	45.28	6.33	$4,547
Oct 2004	90	68	49.70	6.52	$4,916
Sep 2004	82	78	43.24	5.28	$3,958
Aug 2004	88	85	42.37	5.55	$4,200
Jul 2004	68	88	38.28	6.08	$3,138
Jun 2004	26	8	36.10	6.43	$990
May 2004	98	20	37.48	6.49	$3,803
Apr 2004	95	70	34.47	5.86	$3,685
Mar 2004	94	72	34.36	5.53	$3,628
Feb 2004	98	56	32.45	5.51	$3,489
Jan 2004	88	62	32.03	6.30	$3,209
Dec 2003	103	68	30.26	6.30	$3,545
Nov 2003	103	77	28.80	4.60	$3,320
Oct 2003	106	85	28.17	4.76	$3,391
Sep 2003	114	73	26.31	4.75	$3,346
Aug 2003	98	85	29.76	5.13	$3,353
Jul 2003	109	88	29.41	5.17	$3,661
Jun 2003	108	97	28.56	5.98	$3,665
May 2003	112	90	26.59	5.97	$3,516
Apr 2003	103	87	26.67	5.41	$3,217
Mar 2003	102	82	31.14	6.10	$3,676
Feb 2003	67	68	33.48	7.93	$2,782
Jan 2003	34	36	30.31	5.58	$1,231
Dec 2002	117	76	26.91	4.85	$3,517
Nov 2002	132	90	24.66	4.14	$3,627
Oct 2002	134	124	26.46	4.23	$4,070
Sep 2002	138	100	27.44	3.64	$4,150
Aug 2002	137	0	25.96	3.16	$3,557
Jul 2002	137	107	24.58	3.06	$3,695
Jun 2002	142	101	23.73	3.34	$3,707
May 2002	117	84	24.66	3.58	$3,186
Apr 2002	58	50	23.65	3.51	$1,547
Mar 2002	75	29	22.00	3.10	$1,740
Feb 2002	125	0	18.22	2.38	$2,278
Jan 2002	142	43	17.17	2.38	$2,540
Dec 2001	144	23	16.93	2.36	$2,492
Nov 2001	151	0	18.07	2.41	$2,729
Oct 2001	157	64	19.78	2.53	$3,267
Sep 2001	154	62	24.26	2.25	$3,876
Aug 2001	160	78	24.87	3.05	$4,217
Jul 2001	184	78	23.93	3.20	$4,652
Jun 2001	183	91	24.56	3.82	$4,842
May 2001	117	75	25.52	4.31	$3,309
Apr 2001	100	75	24.68	5.34	$2,868
Mar 2001	191	0	24.54	5.38	$4,687
Feb 2001	165	64	27.75	5.77	$4,948
Jan 2001	145	34	27.47	8.40	$4,269
Dec 2000	115	28	26.88	9.12	$3,347
Nov 2000	198	75	32.21	5.66	$6,802
Oct 2000	187	73	31.23	5.15	$6,216
Sep 2000	204	92	31.87	5.19	$6,979
Aug 2000	246	109	29.64	4.54	$7,786
Jul 2000	241	105	28.53	4.09	$7,305
Jun 2000	260	120	29.30	4.40	$8,146
May 2000	257	111	27.26	3.68	$7,414
Apr 2000	256	98	24.51	3.12	$6,580
Mar 2000	304	97	28.42	2.86	$8,917
Feb 2000	237	91	27.62	2.73	$6,794
Jan 2000	308	114	25.27	2.48	$8,066
Dec 1999	337	120	24.28	2.42	$8,473
Nov 1999	335	114	23.19	2.43	$8,046
Oct 1999	377	125	20.98	2.80	$8,260
Sep 1999	360	159	21.75	2.62	$8,246
Aug 1999	368	168	19.26	2.88	$7,571
Jul 1999	396	181	17.89	2.37	$7,514
Jun 1999	383	183	15.94	2.36	$6,537
May 1999	404	168	15.79	2.32	$6,769
Apr 1999	411	100	15.10	2.21	$6,427
Mar 1999	406	100	12.47	1.84	$5,247
Feb 1999	284	222	9.98	1.82	$3,238
Jan 1999	359	204	10.38	1.90	$4,114
Dec 1998	394	124	9.20	1.77	$3,845
Nov 1998	492	40	10.89	2.19	$5,445
Oct 1998	553	73	12.42	1.97	$7,012
Sep 1998	584	115	12.59	2.08	$7,592
Aug 1998	661	167	11.30	1.91	$7,788
Jul 1998	760	202	11.74	2.24	$9,374
Jun 1998	873	220	11.24	2.24	$10,305
May 1998	902	117	12.62	2.21	$11,641
Apr 1998	915	104	13.04	2.51	$12,192
Mar 1998	919	95	12.80	2.31	$11,983
Feb 1998	836	84	13.95	2.30	$11,855
Jan 1998	908	96	14.70	2.15	$13,554
Dec 1997	954	97	16.32	2.41	$15,803
Nov 1997	876	67	18.19	3.09	$16,141
Oct 1997	957	86	19.25	3.15	$18,693
Sep 1997	907	88	17.74	2.95	$16,350
Aug 1997	910	73	17.86	2.55	$16,439
Jul 1997	939	99	17.58	2.25	$16,730
Jun 1997	902	80	17.24	2.26	$15,731
May 1997	954	78	18.97	2.31	$18,277
Apr 1997	877	69	17.88	2.08	$15,824
Mar 1997	929	63	18.95	1.94	$17,727
Feb 1997	845	60	20.49	2.21	$17,446
Jan 1997	904	40	23.48	3.54	$21,368
Dec 1996	942	81	23.32	—	$21,967
Nov 1996	864	59	21.97	—	$18,982
Oct 1996	947	89	23.31	—	$22,075
Sep 1996	858	119	22.22	—	$19,065
Aug 1996	979	131	20.26	—	$19,835
Jul 1996	906	151	19.55	—	$17,712
Jun 1996	897	150	18.73	—	$16,801
May 1996	955	137	19.43	—	$18,556
Apr 1996	913	136	21.51	—	$19,639
Mar 1996	926	150	19.38	—	$17,946
Feb 1996	855	100	16.98	—	$14,518
Jan 1996	920	97	17.07	—	$15,704
Dec 1995	940	88	17.19	—	$16,159
Nov 1995	891	128	16.00	—	$14,256
Oct 1995	925	143	15.43	—	$14,273
Sep 1995	892	131	16.18	—	$14,433
Aug 1995	880	147	15.92	—	$14,010
Jul 1995	906	167	15.24	—	$13,807
Jun 1995	851	154	16.41	—	$13,965
May 1995	936	133	17.56	—	$16,436
Apr 1995	853	138	17.73	—	$15,124
Mar 1995	894	201	16.44	—	$14,697
Feb 1995	818	148	16.58	—	$13,562
Jan 1995	883	112	15.92	—	$14,057
Dec 1994	924	102	15.03	—	$13,888
Nov 1994	855	105	15.90	—	$13,595
Oct 1994	899	92	15.58	—	$14,006
Sep 1994	746	149	15.29	—	$11,406
Aug 1994	896	178	16.13	—	$14,452
Jul 1994	868	169	17.56	—	$15,242
Jun 1994	786	199	17.09	—	$13,433
May 1994	831	184	15.88	—	$13,196
Apr 1994	819	175	14.14	—	$11,581
Mar 1994	668	151	12.46	—	$8,323
Feb 1994	591	155	12.50	—	$7,388
Jan 1994	620	157	12.66	—	$7,849
Dec 1993	660	131	12.33	—	$8,138
Nov 1993	636	144	14.49	—	$9,216
Oct 1993	656	120	15.85	—	$10,398
Sep 1993	621	132	15.03	—	$9,334
Aug 1993	667	136	15.66	—	$10,445
Jul 1993	721	147	15.46	—	$11,147
Jun 1993	637	143	16.79	—	$10,695
May 1993	706	152	17.68	—	$12,482
Apr 1993	629	156	18.05	—	$11,353
Mar 1993	689	139	18.14	—	$12,498
Feb 1993	621	128	17.90	—	$11,116
Jan 1993	692	119	16.93	—	$11,716

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.

Jun 2021 — as filed, then multipliedworked

Oil                    0 bbl  × $ 69.49 =         $0
Casinghead gas         1 Mcf  × $  3.38 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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. 6E/O/7017 is the state's own key, not one this site invented.