T. B. SLICK B-536

Name: T. B. SLICK B-536 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CONOCO INC. (P-5 172230) in the RINCON (VICKSBURG 250) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 143248District 04Field 76721724CondensateGasSave Export

Value, all time

$291 k

Jan 1993 – Jun 1997

Value, last 12 filed months

$30 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The RINCON (VICKSBURG 250) 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 leases and 2 wells, and the rule below applies to all of them.

Discovered

1992-11-23

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: “DOC. NO. 04-0237480 EFFECTIVE 4-1-04.”

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
Condensate	Disposition	15,532 bbl	$266,860
Gas	Production	604,446 Mcf	$24,492
Total			$291,352

594,551 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 26.4761, -98.6097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.47609, -98.60971 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

7,715 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 7,715 ft.

Completions filed

Mar 2000

1 of 1 wells

1 well


42-42732523	178	7,715 ft	Mar 2000	—	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 (54)

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

54 months


Jun 1997	112	5,691	17.24	2.26	$14,777
May 1997	7	296	18.97	2.31	$816
Apr 1997	13	496	17.88	2.08	$1,266
Mar 1997	33	1,165	18.95	1.94	$2,884
Feb 1997	4	212	20.49	2.21	$550
Jan 1997	15	2,035	23.48	3.54	$7,555
Dec 1996	14	1,952	23.32	—	$326
Nov 1996	15	2,433	21.97	—	$330
Oct 1996	20	2,711	23.31	—	$466
Sep 1996	20	2,891	22.22	—	$444
Aug 1996	13	1,755	20.26	—	$263
Jul 1996	20	2,838	19.55	—	$391
Jun 1996	25	2,929	18.73	—	$468
May 1996	53	2,838	19.43	—	$1,030
Apr 1996	47	2,835	21.51	—	$1,011
Mar 1996	59	3,380	19.38	—	$1,143
Feb 1996	59	3,020	16.98	—	$1,002
Jan 1996	67	3,607	17.07	—	$1,144
Dec 1995	79	3,640	17.19	—	$1,358
Nov 1995	25	3,605	16.00	—	$400
Oct 1995	26	3,764	15.43	—	$401
Sep 1995	24	3,889	16.18	—	$388
Aug 1995	21	4,163	15.92	—	$334
Jul 1995	34	4,635	15.24	—	$518
Jun 1995	32	3,904	16.41	—	$525
May 1995	38	2,220	17.56	—	$667
Apr 1995	65	4,525	17.73	—	$1,152
Mar 1995	60	6,827	16.44	—	$986
Feb 1995	49	7,212	16.58	—	$812
Jan 1995	55	7,839	15.92	—	$876
Dec 1994	59	7,232	15.03	—	$887
Nov 1994	103	11,048	15.90	—	$1,638
Oct 1994	111	11,527	15.58	—	$1,729
Sep 1994	105	13,627	15.29	—	$1,605
Aug 1994	102	11,448	16.13	—	$1,645
Jul 1994	68	7,095	17.56	—	$1,194
Jun 1994	196	11,279	17.09	—	$3,350
May 1994	6	2,061	15.88	—	$95
Apr 1994	128	3,053	14.14	—	$1,810
Mar 1994	210	9,843	12.46	—	$2,617
Feb 1994	220	12,111	12.50	—	$2,750
Jan 1994	131	13,971	12.66	—	$1,658
Dec 1993	59	5,795	12.33	—	$727
Nov 1993	191	11,887	14.49	—	$2,768
Oct 1993	219	15,447	15.85	—	$3,471
Sep 1993	132	10,878	15.03	—	$1,984
Aug 1993	217	15,462	15.66	—	$3,398
Jul 1993	270	18,176	15.46	—	$4,174
Jun 1993	356	23,202	16.79	—	$5,977
May 1993	552	36,196	17.68	—	$9,759
Apr 1993	745	61,233	18.05	—	$13,447
Mar 1993	2,876	56,544	18.14	—	$52,171
Feb 1993	3,508	72,535	17.90	—	$62,793
Jan 1993	3,864	63,489	16.93	—	$65,418

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 1997 — as filed, then multipliedworked

Condensate           112 bbl  × $ 17.24 =     $1,931
Gas                5,691 Mcf  × $  2.26 =    $12,846

────────────────────────────────────────────────────
Month total                                  $14,777

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/143248 is the state's own key, not one this site invented.