SLICK, T. B. ESTATE

Operated by MERIT ENERGY COMPANY (P-5 561136) in the HINDE (VICKSBURG CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 252039District 04Field 415372502 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Jun 2009 – Jan 2022
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
152
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 250 leases and 251 wells, and the rule below applies to all of them.

Discovered
2000-01-25
as the register files it
Field class
Oil and 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 80 acres. The field rule took effect on 2006-11-14.

The Commission's schedule remark for this field reads: TEST, THE PREVIOUS TEST MUST BE USED.

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 Gas112010-09-28199676
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
CondensateDisposition51,217 bbl$3,798,131
GasProduction1,373,226 Mcf$5,466,796
Total$9,264,926

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 26.5144, -98.4950. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.51440, -98.49502 · 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
11,650 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 11,650 ft.

Completions filed
Jan 2022
1 of 1 wells

1 well

42-4273444221911,650 ftJan 2022Yes

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 (152)

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

152 months

Jan 20220081.844.54$0
Dec 202107771.323.90$300
Nov 2021031077.435.24$1,623
Oct 2021033279.795.71$1,897
Sep 2021031069.865.35$1,659
Aug 2021031566.024.22$1,329
Jul 2021035770.783.98$1,422
Jun 2021033869.493.38$1,143
May 2021034263.483.02$1,032
Apr 2021034460.362.76$949
Mar 2021035161.302.72$954
Feb 2021028057.805.55$1,553
Jan 20210050.412.81$0
Dec 202014044.642.68$625
Nov 202018518438.772.71$7,670
Oct 202034940236.972.48$13,899
Sep 202031735937.091.99$12,472
Aug 202013815539.982.39$5,887
Jul 2020807938.371.83$3,214
Jun 202020522834.901.69$7,540
May 202023715116.921.81$4,284
Apr 202024437114.751.80$4,268
Mar 202037440330.341.86$12,095
Feb 202028634249.881.98$14,943
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201815052.934.24$794
Oct 201822424861.443.40$14,605
Sep 201819221559.543.11$12,100
Aug 201819821859.403.07$12,430
Jul 201820622465.142.93$14,076
Jun 201823025460.183.08$14,623
May 2018217365.382.90$14,196
Apr 20182493463.842.90$15,995
Mar 20182613961.222.79$16,087
Feb 20182359761.782.77$14,787
Jan 201825717762.874.01$16,867
Dec 20171935,43057.272.92$26,917
Nov 20171044,96455.423.12$21,243
Oct 20171154,64549.292.98$19,528
Sep 20171292,68747.523.09$14,426
Aug 20171103,01645.373.00$14,052
Jul 20171575,01843.873.09$22,380
Jun 20171294,21342.493.09$18,488
May 20171633,61245.373.26$19,183
Apr 20171655,11247.933.21$24,326
Mar 20171534,51946.772.98$20,639
Feb 20171354,13150.452.95$19,008
Jan 20172106,06749.413.42$31,118
Dec 20161885,34548.763.72$29,065
Nov 20161735,18242.492.64$21,054
Oct 20161655,92546.193.09$25,931
Sep 201605,87841.553.10$18,226
Aug 201606,69841.442.92$19,587
Jul 201605,35341.622.92$15,654
Jun 201608,50345.352.69$22,838
May 201608,38242.521.99$16,689
Apr 201608,71736.561.99$17,356
Mar 201601,80633.011.79$3,240
Feb 2016064526.472.06$1,331
Jan 2016185827.352.36$2,056
Dec 2015191,11032.362.00$2,836
Nov 20152096938.792.17$2,876
Oct 2015392,09543.552.43$6,782
Sep 2015804,13942.992.76$14,856
Aug 20151237,07540.162.87$25,263
Jul 2015371,83648.152.95$7,189
Jun 20151145,69556.152.88$22,819
May 2015542,60355.212.96$10,674
Apr 2015934,42149.822.71$16,599
Mar 20151285,97442.892.93$23,022
Feb 20151366,14644.662.98$24,365
Jan 20151446,42743.433.10$26,182
Dec 20141356,18354.693.59$29,589
Nov 20141516,75370.464.25$39,352
Oct 20141517,07178.303.90$39,407
Sep 20141446,86586.164.05$40,179
Aug 2014814,02589.394.04$23,482
Jul 2014874,00796.564.18$25,148
Jun 20141265,94398.164.74$40,519
May 20141225,43394.734.73$37,236
Apr 20141526,87095.944.81$47,622
Mar 20141807,57595.895.06$55,565
Feb 20141837,45197.406.19$63,961
Jan 20141797,38190.404.86$52,059
Dec 201324810,75991.824.35$69,621
Nov 201325210,98588.853.74$63,455
Oct 20131727,55797.423.78$45,317
Sep 20131205,420104.113.72$32,643
Aug 20131506,995104.253.52$40,278
Jul 20131717,789102.523.72$46,488
Jun 20131637,01294.403.93$42,968
May 201325310,02994.834.15$65,603
Apr 2013461,79393.964.28$12,001
Mar 2013712,53293.623.91$16,554
Feb 20132057,72491.233.42$45,118
Jan 20132298,97391.603.42$51,663
Dec 20122037,78386.773.42$44,233
Nov 20122048,79786.953.62$49,627
Oct 20122218,87989.383.40$49,939
Sep 20122268,94394.672.92$47,495
Aug 201221710,00092.662.91$49,189
Jul 201231213,29885.133.02$66,731
Jun 20121777,15879.822.52$32,159
May 201228711,22291.612.49$54,216
Apr 20121957,248101.652.00$34,295
Mar 201254611,660105.052.22$83,267
Feb 201229710,790101.102.57$57,760
Jan 201231312,10398.092.73$63,793
Dec 201127410,66196.873.24$61,081
Nov 20112369,93895.723.31$55,497
Oct 20112089,84984.983.65$53,610
Sep 201125311,61883.623.99$67,463
Aug 201127912,51883.404.15$75,210
Jul 201132713,85294.144.52$93,357
Jun 201130013,73592.904.64$91,599
May 201137315,88598.134.40$106,573
Apr 201190315,443105.964.33$162,601
Mar 201188422,70196.364.06$177,288
Feb 201172918,83385.644.18$141,153
Jan 201180824,06386.504.59$180,312
Dec 201089228,32785.734.35$199,630
Nov 201083330,14380.843.80$181,742
Oct 201083228,11478.103.51$163,628
Sep 201082236,34472.633.98$204,332
Aug 20101,11140,94673.684.42$262,814
Jul 20101,16543,38572.554.74$290,013
Jun 20101,37847,81570.364.91$331,747
May 20101,63017,54871.124.24$190,245
Apr 20102,18247,59681.694.12$374,471
Mar 20102,67963,01578.394.39$486,559
Feb 20103,02666,02173.585.44$581,963
Jan 20102,40144,39374.365.96$443,302
Dec 20091,20832,93571.445.48$266,907
Nov 20092,09950,63974.593.75$346,537
Oct 20093,40129,35972.544.11$367,381
Sep 20092,54863,73265.543.06$362,319
Aug 200961715,62167.423.22$91,874
Jul 200995023,95861.133.46$141,076
Jun 200991030,49866.163.90$178,995

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.

Dec 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.32 =         $0
Gas                   77 Mcf  × $  3.90 =       $300

────────────────────────────────────────────────────
Month total                                     $300

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/252039 is the state's own key, not one this site invented.