SLICK, T. B. EST. -A- 527

Operated by FOREST OIL CORPORATION (P-5 275740) in the RINCON (A-2 FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 199788District 04Field 767210422 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Feb 2004 – Dec 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
107
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1959-05-16
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 02/01/97.

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 Gas112008-05-08181068
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
CondensateDisposition853 bbl$34,020
GasProduction182,204 Mcf$1,281,042
Total$1,315,063

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

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

42-427329961808,600 ftFeb 2004Dec 2012Yes

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 (107)

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

107 months

Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 200901846.773.59$65
Mar 2009028642.144.06$1,161
Feb 2009044032.814.63$2,039
Jan 200901,05235.865.37$5,650
Dec 2008049637.105.98$2,965
Nov 2008084855.496.86$5,818
Oct 200801,09675.246.92$7,586
Sep 200801,157101.767.88$9,114
Aug 200801,036114.228.48$8,788
Jul 200801,119131.0811.39$12,745
Jun 200801,066131.3313.03$13,893
May 200801,198123.1711.57$13,866
Apr 200801,118110.3110.45$11,689
Mar 20080849101.909.66$8,205
Feb 2008080492.538.77$7,052
Jan 200801,01090.388.21$8,288
Dec 2007091988.337.30$6,711
Nov 2007090791.677.29$6,614
Oct 2007082282.856.92$5,690
Sep 2007086675.846.24$5,407
Aug 2007096269.066.39$6,145
Jul 2007087070.906.39$5,558
Jun 2007091362.007.55$6,892
May 2007087358.747.85$6,850
Apr 200701,06759.617.81$8,328
Mar 200701,24456.927.30$9,084
Feb 2007076255.108.22$6,261
Jan 20071879050.306.73$6,220
Dec 2006078156.656.92$5,403
Nov 2006071054.207.62$5,408
Oct 2006068254.906.01$4,101
Sep 2006089860.085.04$4,523
Aug 200601,91168.717.34$14,027
Jul 200601,91669.376.34$12,153
Jun 200602,11366.286.38$13,489
May 200602,26266.016.42$14,533
Apr 200602,21364.397.36$16,289
Mar 200602,50756.707.08$17,757
Feb 200602,38257.597.75$18,463
Jan 200602,79360.598.93$24,951
Dec 200513,20454.9413.42$43,038
Nov 2005142,58854.6910.59$28,168
Oct 200592,01758.3413.80$28,351
Sep 2005122,86461.4512.08$35,332
Aug 2005154,04661.519.80$40,561
Jul 2005172,91455.697.84$23,803
Jun 2005113,48852.337.38$26,321
May 2005165,09045.226.65$34,578
Apr 2005144,40249.207.36$33,090
Mar 2005164,89550.377.15$35,829
Feb 2005145,22545.226.31$33,613
Jan 2005176,30143.166.32$40,570
Dec 2004195,98239.866.75$41,142
Nov 2004196,29945.286.33$40,736
Oct 2004297,32749.706.52$49,177
Sep 2004205,55243.245.28$30,201
Aug 2004367,04542.375.55$40,630
Jul 2004418,01438.286.08$50,328
Jun 2004588,16536.106.43$54,619
May 2004589,13837.486.49$61,521
Apr 200416011,17734.475.86$70,995
Mar 200423317,08134.365.53$102,466
Feb 200463,63432.455.51$20,217

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.

Apr 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.77 =         $0
Gas                   18 Mcf  × $  3.59 =        $65

────────────────────────────────────────────────────
Month total                                      $65

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/199788 is the state's own key, not one this site invented.