SLAUGHTER-RHODES TRUST

Operated by REPSOL OIL & GAS USA, LLC (P-5 703462) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280732District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.7 M
Mar 2016 – May 2026
Value, last 12 filed months
$676 k
at the published price for each month
Months reported
123
no gaps in the span
Streams
2
condensate, 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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
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 80 acres. The field rule took effect on 2017-10-10.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: GAS WELLS

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112017-09-22220751
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition151,038 bbl$7,800,806
GasProduction1,612,843 Mcf$4,920,765
Total$12,721,571

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 28.8580, -97.7321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.85802, -97.73211 · centre of the wells drawn, derived

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
13,179 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 13,179 ft.

Completions filed
Mar 2016
1 of 1 wells

1 well

42-25534865C 1H13,179 ftMar 2016

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 (123)

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

123 months

May 20264633,516106.413.05$59,977
Apr 20264703,28798.932.87$55,930
Mar 20265083,27589.753.15$55,907
Feb 20264752,84263.503.75$40,821
Jan 20262,5603,50659.138.00$179,414
Dec 20254572,90756.664.41$38,723
Nov 20253492,65358.593.93$30,865
Oct 20254782,85759.383.30$37,826
Sep 20254412,73162.743.08$36,071
Aug 20255394,52263.933.01$48,091
Jul 20255503,09766.743.32$46,974
Jun 20255373,05766.483.13$45,264
May 20255932,95560.553.23$45,458
Apr 20255523,50662.363.54$46,845
Mar 20256654,71467.704.27$65,141
Feb 20255622,70170.884.34$51,559
Jan 20257373,08674.324.28$67,978
Dec 20245072,03568.993.12$41,330
Nov 20242651,20169.052.20$20,939
Oct 202421098171.372.28$17,226
Sep 202416598369.612.36$13,810
Aug 202411359175.632.06$9,766
Jul 202410257679.932.15$9,389
Jun 20240078.082.63$0
May 20243078.812.20$236
Apr 20242072,84284.451.66$22,197
Mar 20244914,89280.301.55$46,986
Feb 20244114,44776.091.78$39,205
Jan 20245434,52773.023.30$54,578
Dec 20235185,96671.262.61$52,488
Nov 20234033,89877.892.81$42,334
Oct 20235515,87685.443.09$65,218
Sep 20232956,72489.042.74$44,657
Aug 20234507,02880.522.67$55,019
Jul 20231201,65374.852.64$13,349
Jun 2023821,15868.962.26$8,270
May 20232972,67270.622.23$26,926
Apr 20234716,25278.122.24$50,785
Mar 20234635,62672.852.39$47,193
Feb 20231932,79875.112.47$21,395
Jan 20231701,76776.533.39$18,996
Dec 20224926,66476.415.73$75,772
Nov 20222783,64885.005.65$44,227
Oct 20224166,54887.185.86$74,663
Sep 20223536,37084.888.16$81,965
Aug 20223986,59294.529.13$97,785
Jul 20223225,603101.587.54$74,967
Jun 20223696,783115.097.98$96,578
May 20224128,644109.378.43$117,956
Apr 20223182,014104.226.84$46,913
Mar 20226095,977108.885.08$96,650
Feb 20224125,66191.054.86$65,018
Jan 20224676,27181.844.54$66,675
Dec 20213686,21771.323.90$50,487
Nov 20212996,07377.435.24$54,955
Oct 20211046,33579.795.71$44,496
Sep 20211306,20269.865.35$42,268
Aug 20212956,59866.024.22$47,323
Jul 20215896,68170.783.98$68,294
Jun 20216756,68669.493.38$69,509
May 20216987,31363.483.02$66,377
Apr 20216908,96360.362.76$66,372
Mar 20215283,23761.302.72$41,161
Feb 20214394,98257.805.55$53,014
Jan 20216797,21050.412.81$54,490
Dec 20206787,28444.642.68$49,754
Nov 20206707,15338.772.71$45,336
Oct 20206357,23936.972.48$41,417
Sep 20206137,09537.091.99$36,863
Aug 20206337,36139.982.39$42,864
Jul 20205937,47438.371.83$36,394
Jun 20205657,18834.901.69$31,868
May 20206907,53716.921.81$25,353
Apr 20208097,67514.751.80$25,781
Mar 20207437,98230.341.86$37,359
Feb 20207147,86849.881.98$51,198
Jan 20208278,78557.252.09$65,748
Dec 20198688,91059.012.30$71,753
Nov 20198178,96255.302.75$69,832
Oct 201984110,03253.472.42$69,231
Sep 20197499,31855.052.66$65,993
Aug 201987210,06053.112.30$69,494
Jul 201979210,12156.272.46$69,464
Jun 20199329,99552.782.49$74,091
May 20191,09311,07458.482.74$94,265
Apr 20191,14510,69662.632.75$101,133
Mar 20191,12012,33656.803.06$101,390
Feb 201996611,25450.852.79$80,545
Jan 20191,31113,95246.033.23$105,385
Dec 20181,17911,10946.594.19$101,426
Nov 201893811,55252.934.24$98,597
Oct 20181,01914,16661.443.40$110,745
Sep 20181,25414,93059.543.11$121,066
Aug 20181,16616,39659.403.07$119,540
Jul 20181,41015,97665.142.93$138,687
Jun 20181,35815,15960.183.08$128,367
May 20181,39716,81265.382.90$140,104
Apr 20181,27513,13463.842.90$119,495
Mar 20181,36712,80461.222.79$119,370
Feb 20181,48320,93361.782.77$149,523
Jan 20189418,58162.874.01$93,565
Dec 20171,91217,00957.272.92$159,192
Nov 20171,81718,54155.423.12$158,516
Oct 20171,82318,86949.292.98$146,155
Sep 20172,49822,50847.523.09$188,193
Aug 20172,28620,66745.373.00$165,808
Jul 20171,79320,69343.873.09$142,544
Jun 20177499,03042.493.09$59,703
May 20171,34819,76945.373.26$125,673
Apr 20171,50921,22747.933.21$140,499
Mar 20171,71622,24446.772.98$146,626
Feb 20172,06721,47050.452.95$167,672
Jan 20172,79934,83849.413.42$257,403
Dec 20162,78142,70648.763.72$294,589
Nov 20163,91051,77642.492.64$303,050
Oct 20165,13874,41246.193.09$467,277
Sep 20167,71277,44341.553.10$560,556
Aug 201610,263101,64141.442.92$722,532
Jul 20168,59777,98041.622.92$585,847
Jun 201610,74981,13545.352.69$705,382
May 20169,98595,24142.521.99$614,191
Apr 20165,02780,46236.561.99$343,990
Mar 20161,79017,30233.011.79$90,128

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           463 bbl  × $106.41 =    $49,268
Gas                3,516 Mcf  × $  3.05 =    $10,709

────────────────────────────────────────────────────
Month total                                  $59,977

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. 02/G/280732 is the state's own key, not one this site invented.