SLICK, T. B. EST. A-527

Operated by FOREST OIL CORPORATION (P-5 275740) in the RINCON (C-7) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203748District 04Field 767211892 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Aug 2004 – Mar 2009
Value, last 12 filed months
$86 k
at the published price for each month
Months reported
56
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1956-12-08
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: AOF-1 AND AOF-2 EFFECTIVE 02/01/2005.

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 Gas112008-05-08181076
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$50,056
GasProduction305,638 Mcf$2,015,892
Total$2,065,948

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 26.5038, -98.5869. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.50383, -98.58692 · 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
7,515 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 7,515 ft.

Completions filed
Nov 2016
1 of 1 wells

1 well

42-427337052037,515 ftNov 2016Yes

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 (56)

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

56 months

Mar 20090042.144.06$0
Feb 200901,63132.814.63$7,556
Jan 200901,02735.865.37$5,516
Dec 200801237.105.98$72
Nov 2008052955.496.86$3,629
Oct 200801,82675.246.92$12,640
Sep 200802,101101.767.88$16,550
Aug 200802,136114.228.48$18,120
Jul 200801,447131.0811.39$16,481
Jun 2008011131.3313.03$143
May 2008024123.1711.57$278
Apr 20080467110.3110.45$4,882
Mar 200802,304101.909.66$22,266
Feb 200801,39992.538.77$12,270
Jan 200802190.388.21$172
Dec 200701,55288.337.30$11,333
Nov 200701,68491.677.29$12,279
Oct 200701,75082.856.92$12,113
Sep 200701,72675.846.24$10,777
Aug 2007055669.066.39$3,552
Jul 200771,79670.906.39$11,969
Jun 2007231,96962.007.55$16,289
May 2007271,17258.747.85$10,782
Apr 2007301,87959.617.81$16,454
Mar 2007342,36356.927.30$19,190
Feb 2007161,07855.108.22$9,738
Jan 2007411,69950.306.73$13,491
Dec 2006292,12756.656.92$16,358
Nov 2006331,99154.207.62$16,955
Oct 2006352,22254.906.01$15,284
Sep 2006682,07060.085.04$14,512
Aug 20061022,50268.717.34$25,373
Jul 2006932,47669.376.34$22,156
Jun 20061312,69366.286.38$25,874
May 200602,99266.016.42$19,224
Apr 200603,20164.397.36$23,561
Mar 200603,24256.707.08$22,963
Feb 200603,10057.597.75$24,028
Jan 200604,39760.598.93$39,280
Dec 200502,07254.9413.42$27,797
Nov 200523,80754.6910.59$40,419
Oct 200524,23658.3413.80$58,556
Sep 200523,16961.4512.08$38,401
Aug 20050061.519.80$0
Jul 200535,08955.697.84$40,083
Jun 200524,90452.337.38$36,301
May 200535,74245.226.65$38,327
Apr 200527,09749.207.36$52,336
Mar 200536,53350.377.15$46,894
Feb 200538,25345.226.31$52,228
Jan 2005511,08943.166.32$70,323
Dec 2004813,30039.866.75$90,108
Nov 2004818,96745.286.33$120,431
Oct 20043229,08149.706.52$191,056
Sep 20046056,70043.245.28$302,192
Aug 20044958,42742.375.55$326,385

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.

Feb 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 32.81 =         $0
Gas                1,631 Mcf  × $  4.63 =     $7,556

────────────────────────────────────────────────────
Month total                                   $7,556

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/203748 is the state's own key, not one this site invented.