SHELTON, LEE

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

Operated by RAYCO OPERATING, INC. (P-5 695568) in the TAYLOR COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14679District 7BField 88520001OilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – Oct 2008

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

190

no gaps in the span

Streams

oil, casinghead gas

The TAYLOR COUNTY REGULAR 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 717 leases and 1,491 wells, and the rule below applies to all of them.

Discovered

1929-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	68,638 bbl	$1,183,017
Casinghead gas	Production	87,661 Mcf	$117,312
Total			$1,300,329

51,148 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.

Wells on this lease (6)

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 32.2353, -99.9986. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.23341, -99.99536 · 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

100.0%

6 of 6 wells

With a plug date

100.0%

6 of 6 wells

Median depth

4,627 ft

6 wells filed one

Completion to plug

34.1 years

median over 6 wells

What the state filed about each well

On the RRC proration schedule

6100.0%

A plug date is filed

6100.0%

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

6100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

Between 4,498 and 5,450 ft, median 4,627 ft, over the 6 wells that filed a depth.

Completions filed

Oct 1972 – Jan 1987

6 of 6 wells

Plug dates filed

Jul 1979 – Nov 2007

6 of 6 wells

Last completion to plug: a median of 34.1 years across the 6 wells that filed both dates, with the middle half between 23.9 years and 34.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells


42-44133089	7	5,450 ft	Jan 1987	Sep 2007	Yes
42-44130466	6	4,912 ft	Jan 1974	Oct 2007	Yes
42-44130428	5	4,550 ft	May 1973	Sep 2007	Yes
42-44130415	4	4,498 ft	May 1973	Nov 2007	Yes
42-44130388	2	4,575 ft	Nov 1972	Jul 1979	Yes
42-44130385	1	4,679 ft	Oct 1972	Sep 2007	Yes

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 (190)

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

190 months


Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	61	0	91.67	7.29	$5,592
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	14	64.39	7.36	$103
Mar 2006	0	8	56.70	7.08	$57
Feb 2006	0	21	57.59	7.75	$163
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	25	54.94	13.42	$335
Nov 2005	129	31	54.69	10.59	$7,383
Oct 2005	0	82	58.34	13.80	$1,131
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	15	61.51	9.80	$147
Jul 2005	0	28	55.69	7.84	$220
Jun 2005	0	29	52.33	7.38	$214
May 2005	0	42	45.22	6.65	$279
Apr 2005	0	42	49.20	7.36	$309
Mar 2005	0	43	50.37	7.15	$308
Feb 2005	0	37	45.22	6.31	$234
Jan 2005	0	21	43.16	6.32	$133
Dec 2004	0	38	39.86	6.75	$257
Nov 2004	0	73	45.28	6.33	$462
Oct 2004	0	61	49.70	6.52	$397
Sep 2004	0	18	43.24	5.28	$95
Aug 2004	0	19	42.37	5.55	$105
Jul 2004	0	4	38.28	6.08	$24
Jun 2004	178	0	36.10	6.43	$6,426
May 2004	0	237	37.48	6.49	$1,539
Apr 2004	0	244	34.47	5.86	$1,429
Mar 2004	0	210	34.36	5.53	$1,161
Feb 2004	0	200	32.45	5.51	$1,102
Jan 2004	0	182	32.03	6.30	$1,147
Dec 2003	143	186	30.26	6.30	$5,499
Nov 2003	0	173	28.80	4.60	$795
Oct 2003	0	184	28.17	4.76	$876
Sep 2003	0	169	26.31	4.75	$803
Aug 2003	0	172	29.76	5.13	$882
Jul 2003	175	156	29.41	5.17	$5,953
Jun 2003	0	543	28.56	5.98	$3,249
May 2003	0	329	26.59	5.97	$1,965
Apr 2003	178	488	26.67	5.41	$7,386
Mar 2003	180	431	31.14	6.10	$8,233
Feb 2003	0	380	33.48	7.93	$3,012
Jan 2003	179	433	30.31	5.58	$7,843
Dec 2002	172	457	26.91	4.85	$6,847
Nov 2002	0	459	24.66	4.14	$1,899
Oct 2002	184	506	26.46	4.23	$7,009
Sep 2002	0	501	27.44	3.64	$1,821
Aug 2002	182	522	25.96	3.16	$6,376
Jul 2002	157	523	24.58	3.06	$5,460
Jun 2002	0	488	23.73	3.34	$1,629
May 2002	182	506	24.66	3.58	$6,302
Apr 2002	177	486	23.65	3.51	$5,893
Mar 2002	0	469	22.00	3.10	$1,455
Feb 2002	152	429	18.22	2.38	$3,789
Jan 2002	0	518	17.17	2.38	$1,231
Dec 2001	101	503	16.93	2.36	$2,899
Nov 2001	176	437	18.07	2.41	$4,232
Oct 2001	0	447	19.78	2.53	$1,130
Sep 2001	167	466	24.26	2.25	$5,101
Aug 2001	178	350	24.87	3.05	$5,495
Jul 2001	0	476	23.93	3.20	$1,522
Jun 2001	179	397	24.56	3.82	$5,914
May 2001	179	283	25.52	4.31	$5,787
Apr 2001	0	264	24.68	5.34	$1,409
Mar 2001	179	243	24.54	5.38	$5,699
Feb 2001	0	207	27.75	5.77	$1,194
Jan 2001	178	206	27.47	8.40	$6,620
Dec 2000	0	10	26.88	9.12	$91
Nov 2000	181	76	32.21	5.66	$6,260
Oct 2000	0	126	31.23	5.15	$648
Sep 2000	168	124	31.87	5.19	$5,997
Aug 2000	0	26	29.64	4.54	$118
Jul 2000	177	10	28.53	4.09	$5,091
Jun 2000	0	46	29.30	4.40	$202
May 2000	0	3	27.26	3.68	$11
Apr 2000	0	8	24.51	3.12	$25
Mar 2000	0	1	28.42	2.86	$3
Feb 2000	0	6	27.62	2.73	$16
Jan 2000	167	35	25.27	2.48	$4,307
Dec 1999	0	93	24.28	2.42	$225
Nov 1999	184	160	23.19	2.43	$4,656
Oct 1999	184	117	20.98	2.80	$4,188
Sep 1999	183	182	21.75	2.62	$4,457
Aug 1999	183	302	19.26	2.88	$4,393
Jul 1999	360	351	17.89	2.37	$7,273
Jun 1999	356	343	15.94	2.36	$6,485
May 1999	372	571	15.79	2.32	$7,199
Apr 1999	559	856	15.10	2.21	$10,331
Mar 1999	728	751	12.47	1.84	$10,459
Feb 1999	393	782	9.98	1.82	$5,344
Jan 1999	720	1,014	10.38	1.90	$9,400
Dec 1998	371	951	9.20	1.77	$5,100
Nov 1998	897	1,044	10.89	2.19	$12,050
Oct 1998	359	1,089	12.42	1.97	$6,603
Sep 1998	910	708	12.59	2.08	$12,931
Aug 1998	353	833	11.30	1.91	$5,578
Jul 1998	741	766	11.74	2.24	$10,413
Jun 1998	721	703	11.24	2.24	$9,677
May 1998	705	682	12.62	2.21	$10,402
Apr 1998	559	579	13.04	2.51	$8,740
Mar 1998	359	345	12.80	2.31	$5,392
Feb 1998	717	539	13.95	2.30	$11,241
Jan 1998	362	525	14.70	2.15	$6,453
Dec 1997	744	615	16.32	2.41	$13,625
Nov 1997	534	622	18.19	3.09	$11,634
Oct 1997	186	66	19.25	3.15	$3,788
Sep 1997	359	372	17.74	2.95	$7,468
Aug 1997	696	535	17.86	2.55	$13,797
Jul 1997	0	347	17.58	2.25	$780
Jun 1997	369	318	17.24	2.26	$7,079
May 1997	363	448	18.97	2.31	$7,920
Apr 1997	351	566	17.88	2.08	$7,455
Mar 1997	520	665	18.95	1.94	$11,144
Feb 1997	716	767	20.49	2.21	$16,363
Jan 1997	885	924	23.48	3.54	$24,050
Dec 1996	725	790	23.32	—	$16,907
Nov 1996	732	841	21.97	—	$16,082
Oct 1996	1,061	776	23.31	—	$24,732
Sep 1996	355	663	22.22	—	$7,888
Aug 1996	713	971	20.26	—	$14,445
Jul 1996	887	967	19.55	—	$17,341
Jun 1996	530	633	18.73	—	$9,927
May 1996	1,062	929	19.43	—	$20,635
Apr 1996	734	965	21.51	—	$15,788
Mar 1996	1,286	1,160	19.38	—	$24,923
Feb 1996	1,068	970	16.98	—	$18,135
Jan 1996	1,056	1,018	17.07	—	$18,026
Dec 1995	900	769	17.19	—	$15,471
Nov 1995	718	605	16.00	—	$11,488
Oct 1995	901	834	15.43	—	$13,902
Sep 1995	1,081	1,039	16.18	—	$17,491
Aug 1995	1,074	1,068	15.92	—	$17,098
Jul 1995	1,413	1,148	15.24	—	$21,534
Jun 1995	1,378	1,656	16.41	—	$22,613
May 1995	1,430	1,795	17.56	—	$25,111
Apr 1995	887	991	17.73	—	$15,727
Mar 1995	916	870	16.44	—	$15,059
Feb 1995	1,083	868	16.58	—	$17,956
Jan 1995	1,077	990	15.92	—	$17,146
Dec 1994	1,093	989	15.03	—	$16,428
Nov 1994	903	808	15.90	—	$14,358
Oct 1994	710	857	15.58	—	$11,062
Sep 1994	887	904	15.29	—	$13,562
Aug 1994	1,069	1,147	16.13	—	$17,243
Jul 1994	715	1,003	17.56	—	$12,555
Jun 1994	873	986	17.09	—	$14,920
May 1994	355	1,016	15.88	—	$5,637
Apr 1994	702	1,031	14.14	—	$9,926
Mar 1994	534	904	12.46	—	$6,654
Feb 1994	739	643	12.50	—	$9,238
Jan 1994	638	915	12.66	—	$8,077
Dec 1993	897	892	12.33	—	$11,060
Nov 1993	726	1,159	14.49	—	$10,520
Oct 1993	1,068	1,329	15.85	—	$16,928
Sep 1993	1,073	1,338	15.03	—	$16,127
Aug 1993	1,383	1,657	15.66	—	$21,658
Jul 1993	1,433	1,957	15.46	—	$22,154
Jun 1993	1,771	1,813	16.79	—	$29,735
May 1993	1,443	1,634	17.68	—	$25,512
Apr 1993	1,806	1,696	18.05	—	$32,598
Mar 1993	910	980	18.14	—	$16,507
Feb 1993	1,282	986	17.90	—	$22,948
Jan 1993	1,103	1,188	16.93	—	$18,674

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.

Nov 2007 — as filed, then multipliedworked

Oil                   61 bbl  × $ 91.67 =     $5,592
Casinghead gas         0 Mcf  × $  7.29 =         $0

────────────────────────────────────────────────────
Month total                                   $5,592

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. 7B/O/14679 is the state's own key, not one this site invented.