SLICK, T.B. ESTATE

Operated by SHELL WESTERN E&P (P-5 774719) in the HINDE (VICKSBURG CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154136District 04Field 415372502 tax incentive programmesCondensateGasSaveExport
Value, all time
$226 k
Jan 1995 – Dec 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
144
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 250 leases and 251 wells, and the rule below applies to all of them.

Discovered
2000-01-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2006-11-14.

The Commission's schedule remark for this field reads: TEST, THE PREVIOUS TEST MUST BE USED.

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 Gas111998-11-09139530
NGPA2none

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
CondensateDisposition7,913 bbl$135,769
GasProduction138,382 Mcf$89,759
Total$225,529

101,873 Mcf of this lease's gas, across 23 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 26.4941, -98.5066. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.49407, -98.50658 · 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
12,405 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 12,405 ft.

Completions filed
Jul 2000
1 of 1 wells

1 well

42-427319129012,405 ftJul 2000Yes

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 (144)

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

144 months

Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000736029.304.40$1,788
May 20001449727.263.68$2,210
Apr 20001148824.513.12$1,790
Mar 20002098728.422.86$3,391
Feb 20001885627.622.73$2,831
Jan 20001992425.272.48$2,772
Dec 1999082724.282.42$2,004
Nov 1999082323.192.43$2,003
Oct 199901,03720.982.80$2,907
Sep 1999241,19921.752.62$3,662
Aug 199901,27919.262.88$3,678
Jul 199901,10517.892.37$2,621
Jun 199901,32315.942.36$3,125
May 199901,48315.792.32$3,442
Apr 199901,19915.102.21$2,647
Mar 1999089812.471.84$1,651
Feb 199901,3349.981.82$2,425
Jan 199901,05710.381.90$2,008
Dec 199821,0109.201.77$1,809
Nov 199822,05510.892.19$4,513
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998265611.301.91$1,274
Jul 1998234411.742.24$793
Jun 1998212711.242.24$307
May 1998378112.622.21$1,761
Apr 19987726813.042.51$1,676
Mar 199810532412.802.31$2,092
Feb 19986860813.952.30$2,346
Jan 19987394614.702.15$3,112
Dec 19977956816.322.41$2,659
Nov 19978356118.193.09$3,242
Oct 1997381,04119.253.15$4,010
Sep 19976691717.742.95$3,880
Aug 19976455417.862.55$2,558
Jul 19976298917.582.25$3,312
Jun 1997641,42017.242.26$4,309
May 1997591,17218.972.31$3,825
Apr 19976292917.882.08$3,043
Mar 1997591,04318.951.94$3,141
Feb 19975271820.492.21$2,649
Jan 1997541,80223.483.54$7,646
Dec 1996641,05023.32$1,492
Nov 1996621,46121.97$1,362
Oct 1996541,96223.31$1,259
Sep 1996541,02222.22$1,200
Aug 1996531,08920.26$1,074
Jul 1996591,44919.55$1,153
Jun 1996711,59518.73$1,330
May 1996671,16619.43$1,302
Apr 1996951,51721.51$2,043
Mar 1996922,01919.38$1,783
Feb 1996921,79216.98$1,562
Jan 19961581,95017.07$2,697
Dec 19951612,34217.19$2,768
Nov 19951603,24316.00$2,560
Oct 19951483,89115.43$2,284
Sep 19951954,38216.18$3,155
Aug 19957564,41315.92$12,036
Jul 19956465,38215.24$9,845
Jun 19957396,54416.41$12,127
May 199599811,02517.56$17,525
Apr 199590912,29517.73$16,117
Mar 199583328,95616.44$13,695
Feb 19952561,32816.58$4,244
Jan 19950015.92$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.

Jun 2000 — as filed, then multipliedworked
Condensate             7 bbl  × $ 29.30 =       $205
Gas                  360 Mcf  × $  4.40 =     $1,583

────────────────────────────────────────────────────
Month total                                   $1,788

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/154136 is the state's own key, not one this site invented.