SLATOR RANCH

Operated by EOG RESOURCES, INC. (P-5 253162) in the STIRLING (WILCOX CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 226875District 04Field 861824762 tax incentive programmesCondensateGasSaveExport
Value, all time
$796 k
May 2007 – Feb 2011
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
46
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 92 leases and 92 wells, and the rule below applies to all of them.

Discovered
2006-01-10
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-01-23.

The Commission's schedule remark for this field reads: NO BETWEEN WELL SPACING. STANDARD 40 ACRES.

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 Gas112008-12-09177505
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
CondensateDisposition532 bbl$42,978
GasProduction102,845 Mcf$752,557
Total$795,535

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 27.2597, -99.1107. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.25966, -99.11068 · 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
11,800 ft
1 wells filed one
Completion to plug
3.6 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 11,800 ft.

Completions filed
May 2007
1 of 1 wells
Plug dates filed
Dec 2010
1 of 1 wells

Last completion to plug: a median of 3.6 years across the 1 well that filed both dates, with the middle half between 3.6 years and 3.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50535849C 311,800 ftMay 2007Dec 2010Yes

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 (46)

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

46 months

Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201020080.843.80$1,617
Oct 201008678.103.51$302
Sep 2010016272.633.98$645
Aug 2010028273.684.42$1,246
Jul 2010041372.554.74$1,956
Jun 2010040070.364.91$1,964
May 2010034071.124.24$1,440
Apr 2010032181.694.12$1,323
Mar 201012439578.394.39$11,454
Feb 2010029773.585.44$1,616
Jan 2010018574.365.96$1,103
Dec 2009034471.445.48$1,886
Nov 2009031574.593.75$1,182
Oct 2009044772.544.11$1,837
Sep 2009051065.543.06$1,563
Aug 2009058067.423.22$1,867
Jul 2009070361.133.46$2,436
Jun 200901,01766.163.90$3,961
May 2009086154.743.93$3,380
Apr 2009078446.773.59$2,813
Mar 200901,36942.144.06$5,557
Feb 200901,47532.814.63$6,834
Jan 200901,49135.865.37$8,008
Dec 200801,19737.105.98$7,155
Nov 200801,28655.496.86$8,822
Oct 200801,55975.246.92$10,791
Sep 200801,401101.767.88$11,036
Aug 200801,636114.228.48$13,878
Jul 200801,525131.0811.39$17,369
Jun 200801,756131.3313.03$22,885
May 200802,379123.1711.57$27,535
Apr 200802,173110.3110.45$22,718
Mar 200801,884101.909.66$18,207
Feb 20081912,42592.538.77$38,942
Jan 200803,58390.388.21$29,401
Dec 200702,82588.337.30$20,628
Nov 200703,07291.677.29$22,400
Oct 200704,10582.856.92$28,415
Sep 200705,16675.846.24$32,257
Aug 200709,84369.066.39$62,876
Jul 20071976,04170.906.39$52,557
Jun 200708,25562.007.55$62,312
May 2007027,95758.747.85$219,358

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 2010 — as filed, then multipliedworked
Condensate            20 bbl  × $ 80.84 =     $1,617
Gas                    0 Mcf  × $  3.80 =         $0

────────────────────────────────────────────────────
Month total                                   $1,617

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/226875 is the state's own key, not one this site invented.