SLATOR RANCH

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

Operated by WAGNER OIL COMPANY (P-5 891175) in the LAS OVEJAS (LOBO 1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 146225District 04Field 521697852 tax incentive programmesCondensateGasSave Export

Value, all time

$70 k

May 1993 – Jul 2011

Value, last 12 filed months

at the published price for each month

Months reported

219

no gaps in the span

Streams

condensate, gas

The LAS OVEJAS (LOBO 1) 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1982-09-28

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: “ALLOCATION FORMULA EFFECTIVE 06/01/93.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1994-02-16	127633
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	43 bbl	$696
Gas	Production	70,332 Mcf	$68,890
Total			$69,586

41,299 Mcf of this lease's gas, across 44 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 27.2442, -99.1529. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.24417, -99.15287 · 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

100.0%

1 of 1 wells

Median depth

11,277 ft

1 wells filed one

Completion to plug

11.4 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 11,277 ft.

Completions filed

Feb 2000

1 of 1 wells

Plug dates filed

Jul 2011

1 of 1 wells

Last completion to plug: a median of 11.4 years across the 1 well that filed both dates, with the middle half between 11.4 years and 11.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-50531589	4	11,277 ft	Feb 2000	Jul 2011	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 (219)

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

219 months


Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
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	0	0	91.67	7.29	$0
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	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	3,769	25.27	2.48	$9,349
Dec 1999	0	3,933	24.28	2.42	$9,532
Nov 1999	0	401	23.19	2.43	$976
Oct 1999	0	637	20.98	2.80	$1,786
Sep 1999	0	486	21.75	2.62	$1,273
Aug 1999	0	506	19.26	2.88	$1,455
Jul 1999	0	579	17.89	2.37	$1,374
Jun 1999	0	491	15.94	2.36	$1,160
May 1999	0	684	15.79	2.32	$1,588
Apr 1999	0	584	15.10	2.21	$1,290
Mar 1999	0	694	12.47	1.84	$1,276
Feb 1999	0	618	9.98	1.82	$1,123
Jan 1999	0	763	10.38	1.90	$1,450
Dec 1998	0	763	9.20	1.77	$1,353
Nov 1998	0	778	10.89	2.19	$1,700
Oct 1998	0	679	12.42	1.97	$1,337
Sep 1998	0	601	12.59	2.08	$1,252
Aug 1998	0	612	11.30	1.91	$1,167
Jul 1998	0	639	11.74	2.24	$1,430
Jun 1998	0	526	11.24	2.24	$1,177
May 1998	0	565	12.62	2.21	$1,247
Apr 1998	0	529	13.04	2.51	$1,325
Mar 1998	0	514	12.80	2.31	$1,187
Feb 1998	0	528	13.95	2.30	$1,214
Jan 1998	0	556	14.70	2.15	$1,198
Dec 1997	0	611	16.32	2.41	$1,473
Nov 1997	0	668	18.19	3.09	$2,063
Oct 1997	0	774	19.25	3.15	$2,438
Sep 1997	0	629	17.74	2.95	$1,859
Aug 1997	0	682	17.86	2.55	$1,742
Jul 1997	0	599	17.58	2.25	$1,346
Jun 1997	0	592	17.24	2.26	$1,336
May 1997	0	579	18.97	2.31	$1,337
Apr 1997	0	615	17.88	2.08	$1,281
Mar 1997	0	549	18.95	1.94	$1,065
Feb 1997	0	651	20.49	2.21	$1,436
Jan 1997	0	649	23.48	3.54	$2,297
Dec 1996	0	519	23.32	—	$0
Nov 1996	0	611	21.97	—	$0
Oct 1996	0	686	23.31	—	$0
Sep 1996	0	661	22.22	—	$0
Aug 1996	0	813	20.26	—	$0
Jul 1996	0	753	19.55	—	$0
Jun 1996	0	684	18.73	—	$0
May 1996	0	722	19.43	—	$0
Apr 1996	0	769	21.51	—	$0
Mar 1996	0	787	19.38	—	$0
Feb 1996	0	650	16.98	—	$0
Jan 1996	0	737	17.07	—	$0
Dec 1995	0	762	17.19	—	$0
Nov 1995	0	683	16.00	—	$0
Oct 1995	0	715	15.43	—	$0
Sep 1995	43	745	16.18	—	$696
Aug 1995	0	826	15.92	—	$0
Jul 1995	0	823	15.24	—	$0
Jun 1995	0	895	16.41	—	$0
May 1995	0	933	17.56	—	$0
Apr 1995	0	773	17.73	—	$0
Mar 1995	0	1,183	16.44	—	$0
Feb 1995	0	575	16.58	—	$0
Jan 1995	0	596	15.92	—	$0
Dec 1994	0	602	15.03	—	$0
Nov 1994	0	793	15.90	—	$0
Oct 1994	0	828	15.58	—	$0
Sep 1994	0	852	15.29	—	$0
Aug 1994	0	862	16.13	—	$0
Jul 1994	0	947	17.56	—	$0
Jun 1994	0	1,012	17.09	—	$0
May 1994	0	1,039	15.88	—	$0
Apr 1994	0	971	14.14	—	$0
Mar 1994	0	1,092	12.46	—	$0
Feb 1994	0	1,065	12.50	—	$0
Jan 1994	0	1,249	12.66	—	$0
Dec 1993	0	1,337	12.33	—	$0
Nov 1993	0	1,373	14.49	—	$0
Oct 1993	0	1,713	15.85	—	$0
Sep 1993	0	1,137	15.03	—	$0
Aug 1993	0	997	15.66	—	$0
Jul 1993	0	1,723	15.46	—	$0
Jun 1993	0	1,653	16.79	—	$0
May 1993	0	2,153	17.68	—	$0

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.

Jan 2000 — as filed, then multipliedworked

Condensate             0 bbl  × $ 25.27 =         $0
Gas                3,769 Mcf  × $  2.48 =     $9,349

────────────────────────────────────────────────────
Month total                                   $9,349

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/146225 is the state's own key, not one this site invented.