SLICK, T. B. ESTATE

Operated by MERIT ENERGY COMPANY (P-5 561136) in the RINCON (VICKSBURG CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138162District 04Field 76721550CondensateGasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2017
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
293
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 287 leases and 304 wells, and the rule below applies to all of them.

Discovered
2002-12-20
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 2009-02-26.

The Commission's schedule remark for this field reads: APPROVED.

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
CondensateDisposition7,927 bbl$137,806
GasProduction1,041,389 Mcf$886,105
Total$1,023,911

756,145 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 (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 26.4651, -98.5989. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.46511, -98.59889 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,400 ft
1 wells filed one
Completion to plug
25.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 7,400 ft.

Completions filed
May 1991
1 of 1 wells
Plug dates filed
Mar 2017
1 of 1 wells

Last completion to plug: a median of 25.8 years across the 1 well that filed both dates, with the middle half between 25.8 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4273245053537,400 ftMay 1991Mar 2017Yes

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 (293)

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

293 months

May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201723046.772.98$1,076
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201401278.303.90$47
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201404996.564.18$205
Jun 20140098.164.74$0
May 20140494.734.73$19
Apr 20140095.944.81$0
Mar 20140595.895.06$25
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130191.824.35$4
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013014104.113.72$52
Aug 201301104.253.52$4
Jul 201304102.523.72$15
Jun 201301494.403.93$55
May 201303194.834.15$129
Apr 20130393.964.28$13
Mar 20130493.623.91$16
Feb 20130491.233.42$14
Jan 20130491.603.42$14
Dec 20120386.773.42$10
Nov 201202086.953.62$73
Oct 201202489.383.40$82
Sep 201206094.672.92$175
Aug 201206592.662.91$189
Jul 2012015985.133.02$480
Jun 2012011579.822.52$290
May 20120091.612.49$0
Apr 20120104101.652.00$208
Mar 20125278105.052.22$1,143
Feb 20120212101.102.57$545
Jan 2012025798.092.73$703
Dec 2011014096.873.24$454
Nov 2011017695.723.31$583
Oct 2011021884.983.65$795
Sep 2011021183.623.99$841
Aug 2011021883.404.15$905
Jul 2011013994.144.52$628
Jun 2011011792.904.64$543
May 2011019498.134.40$855
Apr 20110287105.964.33$1,244
Mar 2011032896.364.06$1,331
Feb 2011030085.644.18$1,254
Jan 2011032886.504.59$1,505
Dec 2010027885.734.35$1,209
Nov 2010028580.843.80$1,082
Oct 2010028978.103.51$1,014
Sep 2010047272.633.98$1,878
Aug 201003773.684.42$164
Jul 2010027172.554.74$1,284
Jun 2010028770.364.91$1,409
May 2010032371.124.24$1,368
Apr 2010020281.694.12$833
Mar 2010032278.394.39$1,413
Feb 2010018273.585.44$991
Jan 2010011074.365.96$656
Dec 2009013471.445.48$735
Nov 2009013374.593.75$499
Oct 2009012772.544.11$522
Sep 200907665.543.06$233
Aug 2009010267.423.22$328
Jul 200909761.133.46$336
Jun 2009013366.163.90$518
May 2009015354.743.93$601
Apr 2009026646.773.59$954
Mar 2009029242.144.06$1,185
Feb 2009025832.814.63$1,195
Jan 2009029435.865.37$1,579
Dec 2008010337.105.98$616
Nov 2008035155.496.86$2,408
Oct 2008023375.246.92$1,613
Sep 20080126101.767.88$993
Aug 20080264114.228.48$2,240
Jul 20080326131.0811.39$3,713
Jun 20080265131.3313.03$3,454
May 20080211123.1711.57$2,442
Apr 20080299110.3110.45$3,126
Mar 20080268101.909.66$2,590
Feb 2008023192.538.77$2,026
Jan 2008025590.388.21$2,092
Dec 20075827788.337.30$7,146
Nov 2007029491.677.29$2,144
Oct 2007021982.856.92$1,516
Sep 2007022575.846.24$1,405
Aug 2007029469.066.39$1,878
Jul 2007029070.906.39$1,853
Jun 2007033962.007.55$2,559
May 2007022858.747.85$1,789
Apr 2007021459.617.81$1,670
Mar 2007021456.927.30$1,563
Feb 2007023555.108.22$1,931
Jan 2007028850.306.73$1,937
Dec 2006037056.656.92$2,560
Nov 2006039154.207.62$2,978
Oct 2006043154.906.01$2,592
Sep 2006040160.085.04$2,020
Aug 2006033368.717.34$2,444
Jul 2006020469.376.34$1,294
Jun 2006025066.286.38$1,596
May 2006028166.016.42$1,805
Apr 2006028764.397.36$2,112
Mar 2006036556.707.08$2,585
Feb 2006039957.597.75$3,093
Jan 2006028660.598.93$2,555
Dec 2005033554.9413.42$4,494
Nov 2005043754.6910.59$4,627
Oct 2005040458.3413.80$5,573
Sep 2005045061.4512.08$5,436
Aug 2005047361.519.80$4,634
Jul 2005057455.697.84$4,502
Jun 2005059152.337.38$4,362
May 2005038945.226.65$2,587
Apr 2005037649.207.36$2,768
Mar 2005044250.377.15$3,162
Feb 2005041045.226.31$2,588
Jan 2005046543.166.32$2,940
Dec 2004042239.866.75$2,849
Nov 2004030845.286.33$1,950
Oct 2004053149.706.52$3,460
Sep 2004039743.245.28$2,098
Aug 2004042842.375.55$2,376
Jul 2004040438.286.08$2,458
Jun 2004039836.106.43$2,560
May 2004042537.486.49$2,760
Apr 2004045934.475.86$2,689
Mar 2004041334.365.53$2,284
Feb 2004037932.455.51$2,088
Jan 2004038832.036.30$2,444
Dec 2003040930.266.30$2,577
Nov 2003042728.804.60$1,962
Oct 2003035328.174.76$1,680
Sep 2003030126.314.75$1,430
Aug 2003060029.765.13$3,078
Jul 2003060829.415.17$3,144
Jun 2003065128.565.98$3,895
May 2003063326.595.97$3,781
Apr 2003066826.675.41$3,612
Mar 2003078631.146.10$4,791
Feb 2003072833.487.93$5,770
Jan 2003093230.315.58$5,202
Dec 2002079026.914.85$3,834
Nov 2002096424.664.14$3,988
Oct 2002082126.464.23$3,472
Sep 2002082427.443.64$2,995
Aug 200201,01925.963.16$3,224
Jul 2002099824.583.06$3,056
Jun 2002056023.733.34$1,869
May 2002064424.663.58$2,308
Apr 2002065623.653.51$2,304
Mar 2002071322.003.10$2,212
Feb 2002082618.222.38$1,962
Jan 2002070617.172.38$1,677
Dec 2001071616.932.36$1,693
Nov 2001062318.072.41$1,499
Oct 2001081019.782.53$2,048
Sep 2001085324.262.25$1,920
Aug 200101,13624.873.05$3,468
Jul 200101,16123.933.20$3,712
Jun 200101,02524.563.82$3,920
May 200101,22025.524.31$5,255
Apr 200101,50124.685.34$8,008
Mar 200101,30824.545.38$7,032
Feb 200101,16027.755.77$6,690
Jan 200101,43127.478.40$12,019
Dec 200001,18926.889.12$10,847
Nov 200001,55432.215.66$8,793
Oct 200001,42931.235.15$7,353
Sep 200001,64931.875.19$8,553
Aug 200001,40629.644.54$6,384
Jul 200001,24328.534.09$5,084
Jun 200001,06929.304.40$4,701
May 200001,23627.263.68$4,548
Apr 200001,03924.513.12$3,238
Mar 20001881,45828.422.86$9,512
Feb 200002,28427.622.73$6,227
Jan 200001,30925.272.48$3,247
Dec 199901,53824.282.42$3,728
Nov 199902,25923.192.43$5,498
Oct 199904,29920.982.80$12,053
Sep 199905,83921.752.62$15,291
Aug 199905,33519.262.88$15,341
Jul 199906,83417.892.37$16,213
Jun 199904,91815.942.36$11,617
May 199905,62515.792.32$13,056
Apr 199905,92815.102.21$13,089
Mar 199905,97012.471.84$10,975
Feb 19991895,5099.981.82$11,900
Jan 19992055,64610.381.90$12,855
Dec 199805,9249.201.77$10,505
Nov 199806,18910.892.19$13,527
Oct 199805,22012.421.97$10,279
Sep 199805,74212.592.08$11,958
Aug 199806,10911.301.91$11,652
Jul 199805,55811.742.24$12,435
Jun 199804,98311.242.24$11,148
May 199805,87712.622.21$12,967
Apr 199805,87613.042.51$14,721
Mar 199806,85912.802.31$15,840
Feb 199804,76913.952.30$10,965
Jan 199806,05714.702.15$13,052
Dec 19973545,92616.322.41$20,065
Nov 199706,11618.193.09$18,888
Oct 199706,43919.253.15$20,282
Sep 19973624,25017.742.95$18,980
Aug 199707,31917.862.55$18,698
Jul 199706,77817.582.25$15,230
Jun 199706,72817.242.26$15,186
May 199707,17718.972.31$16,568
Apr 199707,66217.882.08$15,958
Mar 199708,22518.951.94$15,949
Feb 199706,68220.492.21$14,740
Jan 1997657,08223.483.54$26,594
Dec 19961908,42823.32$4,431
Nov 199606,43621.97$0
Oct 199606,42723.31$0
Sep 199606,80222.22$0
Aug 199607,41320.26$0
Jul 19961815,83719.55$3,539
Jun 199607,64118.73$0
May 19961927,62619.43$3,731
Apr 199606,97621.51$0
Mar 199607,04419.38$0
Feb 19961918,32916.98$3,243
Jan 199608,65117.07$0
Dec 199509,35817.19$0
Nov 199508,08516.00$0
Oct 199507,59615.43$0
Sep 199508,30216.18$0
Aug 1995010,17115.92$0
Jul 1995010,60915.24$0
Jun 19953618,45216.41$5,924
May 199519310,44817.56$3,389
Apr 19951939,97217.73$3,422
Mar 199518511,73116.44$3,041
Feb 1995011,15016.58$0
Jan 1995010,33615.92$0
Dec 199419411,82215.03$2,916
Nov 1994010,76115.90$0
Oct 199419811,28315.58$3,085
Sep 1994011,55315.29$0
Aug 199419813,42716.13$3,194
Jul 1994015,52617.56$0
Jun 1994014,98617.09$0
May 199419317,01915.88$3,065
Apr 1994017,53014.14$0
Mar 199454519,14212.46$6,791
Feb 199418716,39812.50$2,338
Jan 1994019,81212.66$0
Dec 1993021,54312.33$0
Nov 199319818,51714.49$2,869
Oct 199319723,90415.85$3,122
Sep 1993021,18515.03$0
Aug 199338629,22015.66$6,045
Jul 199319231,61315.46$2,968
Jun 1993130,00316.79$17
May 199338735,29417.68$6,842
Apr 199319732,24218.05$3,556
Mar 199337442,39018.14$6,784
Feb 199394642,02417.90$16,933
Jan 199339945,13116.93$6,755

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.

Mar 2017 — as filed, then multipliedworked
Condensate            23 bbl  × $ 46.77 =     $1,076
Gas                    0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $1,076

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. 04/G/138162 is the state's own key, not one this site invented.