SLICK, T. B. ESTATE A-527

Name: SLICK, T. B. ESTATE A-527 lease production and value, Jan 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the RINCON (VICKSBURG 300A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 167276District 04Field 76721729CondensateGasSave Export

Value, all time

$4.5 M

Jan 1998 – Mar 2003

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The RINCON (VICKSBURG 300A) 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1998-01-29

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	87,220 bbl	$1,217,295
Gas	Production	1,291,655 Mcf	$3,290,920
Total			$4,508,215

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 26.5040, -98.5896. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.50396, -98.58964 · 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

8,600 ft

1 wells filed one

Completion to plug

8.8 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 8,600 ft.

Completions filed

Feb 2004

1 of 1 wells

Plug dates filed

Dec 2012

1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42732996	180 T	8,600 ft	Feb 2004	Dec 2012	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 (63)

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

63 months


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	242	24.66	4.14	$1,001
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	1,309	23.73	3.34	$4,370
May 2002	0	1,937	24.66	3.58	$6,942
Apr 2002	0	456	23.65	3.51	$1,602
Mar 2002	0	2,037	22.00	3.10	$6,320
Feb 2002	0	1,739	18.22	2.38	$4,131
Jan 2002	0	4,173	17.17	2.38	$9,914
Dec 2001	0	4,371	16.93	2.36	$10,335
Nov 2001	124	4,107	18.07	2.41	$12,120
Oct 2001	191	6,377	19.78	2.53	$19,905
Sep 2001	117	3,419	24.26	2.25	$10,536
Aug 2001	160	4,210	24.87	3.05	$16,833
Jul 2001	338	8,514	23.93	3.20	$35,308
Jun 2001	400	8,806	24.56	3.82	$43,500
May 2001	364	9,551	25.52	4.31	$50,428
Apr 2001	918	9,329	24.68	5.34	$72,429
Mar 2001	1,557	9,685	24.54	5.38	$90,280
Feb 2001	766	10,190	27.75	5.77	$80,023
Jan 2001	430	11,051	27.47	8.40	$104,627
Dec 2000	445	12,887	26.88	9.12	$129,523
Nov 2000	379	10,502	32.21	5.66	$71,628
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	14	523	29.64	4.54	$2,790
Jul 2000	288	7,321	28.53	4.09	$38,158
Jun 2000	229	7,160	29.30	4.40	$38,194
May 2000	336	9,283	27.26	3.68	$43,318
Apr 2000	552	14,033	24.51	3.12	$57,256
Mar 2000	206	5,154	28.42	2.86	$20,594
Feb 2000	242	5,753	27.62	2.73	$22,370
Jan 2000	193	16,582	25.27	2.48	$46,009
Dec 1999	254	22,988	24.28	2.42	$61,884
Nov 1999	261	24,048	23.19	2.43	$64,585
Oct 1999	327	24,977	20.98	2.80	$76,889
Sep 1999	964	23,274	21.75	2.62	$81,918
Aug 1999	881	26,446	19.26	2.88	$93,016
Jul 1999	1,469	33,276	17.89	2.37	$105,223
Jun 1999	1,179	29,714	15.94	2.36	$88,981
May 1999	1,196	33,722	15.79	2.32	$97,154
Apr 1999	1,155	33,928	15.10	2.21	$92,355
Mar 1999	1,445	37,161	12.47	1.84	$86,333
Feb 1999	0	36,037	9.98	1.82	$65,508
Jan 1999	2,911	42,075	10.38	1.90	$110,157
Dec 1998	1,391	39,484	9.20	1.77	$82,815
Nov 1998	1,220	40,323	10.89	2.19	$101,421
Oct 1998	7,535	39,830	12.42	1.97	$172,018
Sep 1998	2,832	40,077	12.59	2.08	$119,120
Aug 1998	11,094	69,288	11.30	1.91	$257,519
Jul 1998	8,555	73,787	11.74	2.24	$265,517
Jun 1998	2,848	82,104	11.24	2.24	$215,700
May 1998	7,482	102,435	12.62	2.21	$320,429
Apr 1998	9,367	118,884	13.04	2.51	$419,989
Mar 1998	14,387	116,501	12.80	2.31	$453,206
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	218	10,595	14.70	2.15	$26,035

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.

Nov 2002 — as filed, then multipliedworked

Condensate             0 bbl  × $ 24.66 =         $0
Gas                  242 Mcf  × $  4.14 =     $1,001

────────────────────────────────────────────────────
Month total                                   $1,001

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/167276 is the state's own key, not one this site invented.