SLICK, T.B. ESTATE

Operated by FINA OIL & CHEMICAL COMPANY (P-5 268321) in the HINDE (VICKSBURG 20) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142819District 04Field 415375482 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Jan 1993 – Jan 2000
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
85
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1988-12-15
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: HINDE (VICKSBURG CONSOLIDATED) FIELD EFF 2-1-00.

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 Gas111993-08-10126997
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
CondensateDisposition41,643 bbl$677,965
GasProduction1,473,685 Mcf$432,082
Total$1,110,047

1,290,550 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 26.4980, -98.5141. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.49799, -98.51410 · 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
0.0%
0 of 1 wells
Median depth
10,173 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
1100.0%
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.
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 10,173 ft.

Completions filed
Apr 2001
1 of 1 wells

1 well

42-427314297310,173 ftApr 2001Yes

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 (85)

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

85 months

Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999376,1709.981.82$11,585
Jan 1999603,36810.381.90$7,022
Dec 1998796,5789.201.77$12,392
Nov 1998526,53910.892.19$14,859
Oct 1998597,99512.421.97$16,477
Sep 1998578,64512.592.08$18,722
Aug 1998713,06311.301.91$6,645
Jul 1998723,55511.742.24$8,799
Jun 1998743,35011.242.24$8,327
May 19983123,94112.622.21$12,633
Apr 19985195,52413.042.51$20,607
Mar 19986414,02512.802.31$17,500
Feb 19984185,91413.952.30$19,428
Jan 19984458,83214.702.15$25,573
Dec 19974808,43416.322.41$28,169
Nov 19973039,86818.193.09$35,987
Oct 19971445,20819.253.15$19,176
Sep 19971326,11317.742.95$20,405
Aug 19971377,96617.862.55$22,798
Jul 19971248,44317.582.25$21,151
Jun 19971378,57317.242.26$21,713
May 199713010,61518.972.31$26,971
Apr 19971409,38917.882.08$22,058
Mar 199713010,41618.951.94$22,662
Feb 19971189,11120.492.21$22,516
Jan 199713711,50023.483.54$43,923
Dec 199614013,47523.32$3,265
Nov 199613511,51821.97$2,966
Oct 199612211,52623.31$2,844
Sep 199611512,07722.22$2,555
Aug 199611712,86120.26$2,370
Jul 199613012,97719.55$2,542
Jun 199615112,34218.73$2,828
May 199620114,52019.43$3,905
Apr 199630914,94721.51$6,647
Mar 199628918,01519.38$5,601
Feb 199629317,85616.98$4,975
Jan 199628613,40817.07$4,882
Dec 199531215,38417.19$5,363
Nov 199526115,65516.00$4,176
Oct 1995016,47915.43$0
Sep 1995015,63416.18$0
Aug 1995017,03915.92$0
Jul 1995017,63015.24$0
Jun 1995017,35716.41$0
May 1995017,86017.56$0
Apr 1995018,15617.73$0
Mar 19952321,88916.44$378
Feb 199521221,39216.58$3,515
Jan 199521723,37415.92$3,455
Dec 199424124,25515.03$3,622
Nov 199423823,45915.90$3,784
Oct 199434325,22715.58$5,344
Sep 199431525,18915.29$4,816
Aug 199443626,22316.13$7,033
Jul 199444726,66217.56$7,849
Jun 199439827,04317.09$6,802
May 199443029,15015.88$6,828
Apr 199447825,61414.14$6,759
Mar 199451428,34712.46$6,404
Feb 199450727,35412.50$6,338
Jan 19941,02234,55012.66$12,939
Dec 19931,66134,85912.33$20,480
Nov 19931,45237,28714.49$21,039
Oct 19931,72340,14115.85$27,310
Sep 19931,65140,39215.03$24,815
Aug 19931,63542,29715.66$25,604
Jul 19932,86243,97015.46$44,247
Jun 19932,85046,33616.79$47,852
May 19932,84350,59417.68$50,264
Apr 19932,45752,12918.05$44,349
Mar 19932,70660,45418.14$49,087
Feb 19932,71061,39117.90$48,509
Jan 19933,40374,25616.93$57,613

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.

Feb 1999 — as filed, then multipliedworked
Condensate            37 bbl  × $  9.98 =       $369
Gas                6,170 Mcf  × $  1.82 =    $11,216

────────────────────────────────────────────────────
Month total                                  $11,585

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/142819 is the state's own key, not one this site invented.