SLATOR RANCH

Operated by WAGNER OIL COMPANY (P-5 891175) 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 226809District 04Field 521697802 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Apr 2007 – Aug 2017
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
125
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 Gas112007-12-20175517
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
CondensateDisposition347 bbl$23,761
GasProduction1,258,836 Mcf$8,392,382
Total$8,416,143

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 27.2334, -99.1601. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.23341, -99.16012 · 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
11,500 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 11,500 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-505357824111,500 ftJul 2017Yes

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 (125)

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

125 months

Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201701,29742.493.09$4,004
May 201701,85045.373.26$6,037
Apr 201701,82247.933.21$5,852
Mar 201701,97646.772.98$5,896
Feb 201701,88250.452.95$5,557
Jan 201702,09349.413.42$7,156
Dec 201602,13948.763.72$7,963
Nov 201602,19442.492.64$5,802
Oct 201602,73646.193.09$8,455
Sep 201602,47041.553.10$7,659
Aug 201602,74141.442.92$8,016
Jul 201602,90541.622.92$8,495
Jun 201603,01545.352.69$8,098
May 201603,16442.521.99$6,300
Apr 201603,25336.561.99$6,477
Mar 201602,78633.011.79$4,998
Feb 201601,19626.472.06$2,468
Jan 201601,09527.352.36$2,589
Dec 201501,48432.362.00$2,970
Nov 201501,50538.792.17$3,262
Oct 201541,68343.552.43$4,258
Sep 201501,54042.992.76$4,248
Aug 201501,36240.162.87$3,912
Jul 201501,00248.152.95$2,951
Jun 201501,30656.152.88$3,765
May 201501,29055.212.96$3,813
Apr 2015093949.822.71$2,541
Mar 201501,43442.892.93$4,208
Feb 201501,34444.662.98$4,000
Jan 201501,57143.433.10$4,871
Dec 201401,34854.693.59$4,841
Nov 201401,05170.464.25$4,469
Oct 201401,37978.303.90$5,379
Sep 201401,17086.164.05$4,733
Aug 201401,75689.394.04$7,086
Jul 201401,66196.564.18$6,942
Jun 201401,82998.164.74$8,664
May 201401,96194.734.73$9,269
Apr 201401,94395.944.81$9,344
Mar 201401,88695.895.06$9,537
Feb 201401,54597.406.19$9,567
Jan 201401,91390.404.86$9,299
Dec 201302,18391.824.35$9,506
Nov 201301,74088.853.74$6,505
Oct 201301,80997.423.78$6,837
Sep 20130805104.113.72$2,993
Aug 201301,524104.253.52$5,368
Jul 201301,918102.523.72$7,131
Jun 201302,00694.403.93$7,890
May 2013242,15594.834.15$11,217
Apr 201302,00893.964.28$8,599
Mar 201302,10593.623.91$8,237
Feb 201301,86291.233.42$6,368
Jan 201301,85191.603.42$6,330
Dec 201202,04586.773.42$6,994
Nov 201201,73086.953.62$6,271
Oct 201202,31889.383.40$7,880
Sep 201201,76294.672.92$5,142
Aug 2012062492.662.91$1,815
Jul 201201,68685.133.02$5,093
Jun 201202,06379.822.52$5,197
May 201202,17791.612.49$5,417
Apr 201202,307101.652.00$4,607
Mar 201202,366105.052.22$5,257
Feb 201202,352101.102.57$6,045
Jan 201202,40598.092.73$6,575
Dec 201102,28096.873.24$7,387
Nov 201102,35795.723.31$7,805
Oct 201102,65584.983.65$9,687
Sep 201102,49683.623.99$9,949
Aug 201102,65183.404.15$11,000
Jul 201102,59094.144.52$11,700
Jun 201102,65792.904.64$12,328
May 201103,09098.134.40$13,611
Apr 201103,235105.964.33$14,018
Mar 201103,48196.364.06$14,124
Feb 201103,06185.644.18$12,795
Jan 201104,15086.504.59$19,043
Dec 201003,62485.734.35$15,756
Nov 20101893,77580.843.80$29,606
Oct 201004,18078.103.51$14,667
Sep 201003,27272.633.98$13,021
Aug 2010066273.684.42$2,926
Jul 201002472.554.74$114
Jun 2010024370.364.91$1,193
May 201008,77871.124.24$37,177
Apr 2010011,16981.694.12$46,046
Mar 2010012,40178.394.39$54,424
Feb 2010010,99773.585.44$59,850
Jan 2010010,88274.365.96$64,901
Dec 2009013,22071.445.48$72,495
Nov 2009013,11674.593.75$49,205
Oct 2009013,85372.544.11$56,939
Sep 2009014,25365.543.06$43,682
Aug 2009014,44667.423.22$46,494
Jul 2009015,12961.133.46$52,414
Jun 2009015,34766.163.90$59,777
May 2009016,03154.743.93$62,934
Apr 2009016,05546.773.59$57,597
Mar 2009017,92442.144.06$72,754
Feb 2009016,12632.814.63$74,712
Jan 20099419,47235.865.37$107,955
Dec 2008020,12837.105.98$120,308
Nov 2008020,68755.496.86$141,920
Oct 2008022,26875.246.92$154,139
Sep 2008023,580101.767.88$185,742
Aug 2008024,843114.228.48$210,744
Jul 2008027,668131.0811.39$315,123
Jun 2008028,250131.3313.03$368,172
May 2008030,984123.1711.57$358,618
Apr 2008029,932110.3110.45$312,935
Mar 2008134,052101.909.66$329,183
Feb 2008034,59592.538.77$303,418
Jan 2008038,56990.388.21$316,487
Dec 2007041,37588.337.30$302,119
Nov 2007040,15491.677.29$292,791
Oct 20071643,35482.856.92$301,421
Sep 2007047,63475.846.24$297,434
Aug 2007053,44269.066.39$341,384
Jul 2007962,19470.906.39$397,930
Jun 2007072,72062.007.55$548,923
May 2007089,69358.747.85$703,756
Apr 20071060,71559.617.81$474,489

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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.49 =         $0
Gas                1,297 Mcf  × $  3.09 =     $4,004

────────────────────────────────────────────────────
Month total                                   $4,004

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/226809 is the state's own key, not one this site invented.