SLATOR RANCH

Operated by BORDERTOWN ENERGY RESOURCES, LLC (P-5 100804) in the LAS OVEJAS (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 221400District 04Field 521697802 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.0 M
Jun 2006 – May 2026
Value, last 12 filed months
$338 k
at the published price for each month
Months reported
240
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 25 leases and 25 wells, and the rule below applies to all of them.

Discovered
1981-07-13
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 07/01/97.

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 Gas112007-02-16172086
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
CondensateDisposition4,005 bbl$284,140
GasProduction4,395,403 Mcf$24,669,030
Total$24,953,170

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 27.2462, -99.1275. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.24621, -99.12751 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,150 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
00.0%
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.
1100.0%

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 11,150 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-505355563311,150 ftJan 2008

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 (240)

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

240 months

May 202606,314106.413.05$19,231
Apr 202606,62898.932.87$19,021
Mar 202646,79589.753.15$21,759
Feb 202606,10963.503.75$22,911
Jan 202607,77259.138.00$62,160
Dec 202508,78356.664.41$38,763
Nov 202506,78458.593.93$26,637
Oct 202508,39959.383.30$27,757
Sep 202508,43462.743.08$25,951
Aug 202507,57263.933.01$22,828
Jul 202507,98666.743.32$26,475
Jun 202507,67766.483.13$24,019
May 202509,31760.553.23$30,116
Apr 202504,51562.363.54$15,997
Mar 202504,66467.704.27$19,907
Feb 202505,01070.884.34$21,748
Jan 202506,65574.324.28$28,475
Dec 202424,83468.993.12$15,227
Nov 202403,97369.052.20$8,734
Oct 202402,62271.372.28$5,982
Sep 202404,49169.612.36$10,618
Aug 202405,00275.632.06$10,322
Jul 202404,31079.932.15$9,252
Jun 202405,25678.082.63$13,844
May 202404,69678.812.20$10,324
Apr 202404,37684.451.66$7,261
Mar 202404,24780.301.55$6,562
Feb 202443,96376.091.78$7,373
Jan 2024114,76973.023.30$16,530
Dec 202303,37171.262.61$8,801
Nov 2023233,98877.892.81$12,988
Oct 202303,61885.443.09$11,170
Sep 202303,70489.042.74$10,131
Aug 202304,08080.522.67$10,905
Jul 202304,74174.852.64$12,525
Jun 202303,84868.962.26$8,691
May 2023274,53970.622.23$12,017
Apr 202304,89378.122.24$10,949
Mar 202305,19072.852.39$12,421
Feb 202305,06375.112.47$12,484
Jan 202304,41076.533.39$14,940
Dec 2022285,38876.415.73$33,008
Nov 202205,98885.005.65$33,809
Oct 202203,96187.185.86$23,226
Sep 2022305,53284.888.16$47,708
Aug 202206,61294.529.13$60,349
Jul 202206,411101.587.54$48,352
Jun 202206,947115.097.98$55,418
May 202207,758109.378.43$65,424
Apr 202205,922104.226.84$40,492
Mar 2022297,522108.885.08$41,342
Feb 202203,65291.054.86$17,744
Jan 202205,66281.844.54$25,692
Dec 202104,72571.323.90$18,423
Nov 202103,67677.435.24$19,251
Oct 2021294,86079.795.71$30,083
Sep 202106,09569.865.35$32,614
Aug 202105,73566.024.22$24,205
Jul 2021286,00570.783.98$25,894
Jun 202106,29069.493.38$21,264
May 202106,23963.483.02$18,827
Apr 202105,96960.362.76$16,465
Mar 2021306,48961.302.72$19,469
Feb 202104,09757.805.55$22,730
Jan 202105,32350.412.81$14,959
Dec 202005,90944.642.68$15,809
Nov 2020285,35138.772.71$15,568
Oct 202005,95736.972.48$14,764
Sep 202006,55937.091.99$13,059
Aug 202006,63039.982.39$15,813
Jul 2020297,10538.371.83$14,080
Jun 202006,88734.901.69$11,641
May 202006,55816.921.81$11,901
Apr 2020295,22814.751.80$9,861
Mar 202006,60130.341.86$12,253
Feb 202006,78949.881.98$13,447
Jan 2020297,10857.252.09$16,550
Dec 201906,42959.012.30$14,815
Nov 201906,44255.302.75$17,720
Oct 2019145,86453.472.42$14,931
Sep 201905,63155.052.66$14,963
Aug 2019286,74553.112.30$17,030
Jul 201907,30956.272.46$17,981
Jun 201906,46052.782.49$16,093
May 201907,45958.482.74$20,440
Apr 2019286,83062.632.75$20,541
Mar 201907,60356.803.06$23,281
Feb 2019286,48150.852.79$19,520
Jan 201906,19246.033.23$19,989
Dec 2018275,55446.594.19$24,504
Nov 201805,81752.934.24$24,648
Oct 201807,62561.443.40$25,910
Sep 2018276,99959.543.11$23,360
Aug 201806,55859.403.07$20,111
Jul 201808,42665.142.93$24,704
Jun 2018288,12160.183.08$26,673
May 201808,51365.382.90$24,695
Apr 2018288,34763.842.90$26,001
Mar 201808,93861.222.79$24,909
Feb 2018277,74961.782.77$23,103
Jan 201808,93862.874.01$35,835
Dec 2017259,11557.272.92$28,061
Nov 201708,20855.423.12$25,596
Oct 201787,68449.292.98$23,321
Sep 2017195,49747.523.09$17,874
Aug 201705,61845.373.00$16,879
Jul 201776,06843.873.09$19,041
Jun 201707,60742.493.09$23,485
May 201727,30445.373.26$23,927
Apr 201725,96347.933.21$19,247
Mar 201726,38546.772.98$19,144
Feb 201726,27850.452.95$18,637
Jan 201728,23249.413.42$28,242
Dec 201615,55148.763.72$20,714
Nov 201628,54242.492.64$22,673
Oct 201639,25746.193.09$28,745
Sep 201648,28841.553.10$25,864
Aug 201627,96541.442.92$23,375
Jul 2016318,32741.622.92$25,641
Jun 201617,09045.352.69$19,088
May 201608,75142.521.99$17,424
Apr 201608,93336.561.99$17,786
Mar 201609,62133.011.79$17,260
Feb 2016289,64426.472.06$20,643
Jan 2016010,28427.352.36$24,315
Dec 20152210,84432.362.00$22,415
Nov 201509,98838.792.17$21,647
Oct 2015011,73143.552.43$28,466
Sep 20153111,75842.992.76$33,766
Aug 201508,28840.162.87$23,807
Jul 201501,90048.152.95$5,596
Jun 2015011,30356.152.88$32,585
May 20152410,22655.212.96$31,547
Apr 201509,46449.822.71$25,615
Mar 201509,79342.892.93$28,740
Feb 201508,99544.662.98$26,771
Jan 201508,20143.433.10$25,428
Dec 2014266,84954.693.59$26,019
Nov 201406,94170.464.25$29,512
Oct 201405,94378.303.90$23,183
Sep 201407,84686.164.05$31,741
Aug 201409,29889.394.04$37,519
Jul 201408,56596.564.18$35,798
Jun 201408,07898.164.74$38,265
May 2014010,21194.734.73$48,263
Apr 2014269,26495.944.81$47,046
Mar 201409,97595.895.06$50,442
Feb 201408,61897.406.19$53,363
Jan 201409,64090.404.86$46,857
Dec 201309,19591.824.35$40,039
Nov 201309,10988.853.74$34,052
Oct 20133210,46997.423.78$42,684
Sep 201309,634104.113.72$35,817
Aug 201309,362104.253.52$32,979
Jul 2013010,450102.523.72$38,850
Jun 2013010,78694.403.93$42,426
May 2013011,27994.834.15$46,797
Apr 20135510,99893.964.28$52,268
Mar 2013010,16993.623.91$39,790
Feb 201309,87591.233.42$33,772
Jan 2013012,41091.603.42$42,441
Dec 2012013,11186.773.42$44,842
Nov 2012012,93386.953.62$46,882
Oct 20128012,75289.383.40$50,503
Sep 2012011,64594.672.92$33,985
Aug 2012013,02992.662.91$37,890
Jul 2012010,95085.133.02$33,078
Jun 2012013,59879.822.52$34,254
May 20124313,17291.612.49$36,715
Apr 2012013,099101.652.00$26,156
Mar 2012013,564105.052.22$30,140
Feb 2012014,197101.102.57$36,490
Jan 20124214,51698.092.73$43,808
Dec 2011015,70696.873.24$50,883
Nov 20114012,56395.723.31$45,428
Oct 20114416,95684.983.65$65,604
Sep 20114017,63083.623.99$73,614
Aug 2011012,61883.404.15$52,356
Jul 2011019,13294.144.52$86,424
Jun 2011017,90492.904.64$83,072
May 20112417,75298.134.40$80,549
Apr 20117316,937105.964.33$81,128
Mar 20113318,00396.364.06$76,224
Feb 2011017,42185.644.18$72,819
Jan 20114118,96486.504.59$90,568
Dec 2010021,26185.734.35$92,438
Nov 20103120,29180.843.80$79,517
Oct 20103222,05878.103.51$79,898
Sep 20101223,35072.633.98$93,792
Aug 2010030,01673.684.42$132,652
Jul 20104421,87972.554.74$106,822
Jun 20103834,22170.364.91$170,712
May 20103326,76971.124.24$115,720
Apr 2010020,78481.694.12$85,686
Mar 2010018,40778.394.39$80,782
Feb 20102217,28173.585.44$95,668
Jan 2010022,45874.365.96$133,942
Dec 20094320,54471.445.48$115,730
Nov 2009024,23274.593.75$90,906
Oct 20091325,05072.544.11$103,905
Sep 2009024,18765.543.06$74,127
Aug 2009925,58867.423.22$82,962
Jul 2009027,67061.133.46$95,863
Jun 2009026,84766.163.90$104,569
May 2009028,58554.743.93$112,218
Apr 20091327,85346.773.59$100,531
Mar 2009032,90942.144.06$133,578
Feb 20091627,91332.814.63$129,846
Jan 20091435,81535.865.37$192,864
Dec 2008032,64637.105.98$195,130
Nov 20081233,42455.496.86$229,967
Oct 20082239,88175.246.92$277,711
Sep 2008033,025101.767.88$260,141
Aug 20082541,021114.228.48$350,837
Jul 20085342,648131.0811.39$492,684
Jun 20081743,542131.3313.03$569,699
May 20084447,230123.1711.57$552,073
Apr 20086446,854110.3110.45$496,912
Mar 20088150,467101.909.66$495,971
Feb 20087450,87992.538.77$453,086
Jan 20084936,44390.388.21$303,470
Dec 20078249,85588.337.30$371,283
Nov 20077755,32291.677.29$410,450
Oct 20075561,96782.856.92$433,491
Sep 20075353,45075.846.24$337,770
Aug 20079166,38069.066.39$430,316
Jul 20078870,91570.906.39$459,240
Jun 200713870,45262.007.55$540,359
May 200711575,94858.747.85$602,664
Apr 20079881,04959.617.81$638,445
Mar 200712691,32756.927.30$674,039
Feb 200716685,98555.108.22$715,599
Jan 200714498,64150.306.73$670,786
Dec 2006193102,08956.656.92$717,230
Nov 2006210120,31254.207.62$927,856
Oct 2006118141,44954.906.01$857,124
Sep 200610137,03060.085.04$690,848
Aug 200644143,94668.717.34$1,059,575
Jul 200624194,22169.376.34$1,233,562
Jun 20060101,25066.286.38$646,368

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                6,314 Mcf  × $  3.05 =    $19,231

────────────────────────────────────────────────────
Month total                                  $19,231

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/221400 is the state's own key, not one this site invented.