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 262196District 04Field 415372502 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.3 M
May 2011 – May 2026
Value, last 12 filed months
$186 k
at the published price for each month
Months reported
181
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 Gas112012-06-26205747
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
CondensateDisposition59,253 bbl$4,748,324
GasProduction3,123,226 Mcf$10,513,813
Total$15,262,137

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 26.5026, -98.5051. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.50264, -98.50508 · 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
10,930 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 10,930 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-4273455023810,930 ftMar 2012

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 (181)

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

181 months

May 202604,101106.413.05$12,491
Apr 202603,99598.932.87$11,465
Mar 202604,10989.753.15$12,941
Feb 202603,59863.503.75$13,494
Jan 202603,95659.138.00$31,640
Dec 202504,19956.664.41$18,532
Nov 202504,18458.593.93$16,428
Oct 202504,32159.383.30$14,280
Sep 202504,18962.743.08$12,889
Aug 202504,42863.933.01$13,349
Jul 202504,48966.743.32$14,882
Jun 202504,44166.483.13$13,895
May 202504,66060.553.23$15,063
Apr 202504,44662.363.54$15,753
Mar 202504,59667.704.27$19,617
Feb 202504,22870.884.34$18,353
Jan 202504,18274.324.28$17,893
Dec 202404,67968.993.12$14,605
Nov 202404,46169.052.20$9,807
Oct 202404,67471.372.28$10,663
Sep 202404,63969.612.36$10,968
Aug 202404,89375.632.06$10,097
Jul 202404,76279.932.15$10,222
Jun 202404,69878.082.63$12,374
May 202404,45678.812.20$9,796
Apr 202404,69484.451.66$7,788
Mar 202404,91980.301.55$7,600
Feb 202404,65976.091.78$8,310
Jan 202405,09173.023.30$16,788
Dec 202305,12971.262.61$13,390
Nov 202304,97477.892.81$13,965
Oct 202305,24285.443.09$16,184
Sep 202305,05489.042.74$13,823
Aug 202305,23780.522.67$13,998
Jul 202305,26574.852.64$13,909
Jun 202305,23568.962.26$11,823
May 202305,61170.622.23$12,498
Apr 202305,48878.122.24$12,281
Mar 202304,87272.852.39$11,659
Feb 202305,00975.112.47$12,351
Jan 202305,71276.533.39$19,351
Dec 202205,02876.415.73$28,806
Nov 2022105,03685.005.65$29,284
Oct 2022725,33687.185.86$37,566
Sep 2022715,18784.888.16$48,371
Aug 2022715,57394.529.13$57,577
Jul 2022675,959101.587.54$51,749
Jun 2022635,923115.097.98$54,500
May 2022646,157109.378.43$58,922
Apr 2022566,015104.226.84$46,964
Mar 2022536,339108.885.08$37,950
Feb 2022635,91791.054.86$34,486
Jan 20221586,64881.844.54$43,097
Dec 2021876,77471.323.90$32,617
Nov 2021206,55377.435.24$35,866
Oct 202116,75679.795.71$38,683
Sep 202116,50469.865.35$34,872
Aug 202116,63166.024.22$28,053
Jul 202116,85770.783.98$27,376
Jun 202116,68669.493.38$22,672
May 202117,05863.483.02$21,362
Apr 202116,92960.362.76$19,173
Mar 202117,78861.302.72$21,221
Feb 202116,71257.805.55$37,296
Jan 202117,54850.412.81$21,262
Dec 202017,59644.642.68$20,367
Nov 202057,52538.772.71$20,561
Oct 202087,87736.972.48$19,818
Sep 202077,65237.091.99$15,495
Aug 202088,08039.982.39$19,591
Jul 202088,16138.371.83$15,202
Jun 202077,95734.901.69$13,694
May 2020118,32816.921.81$15,299
Apr 202068,24514.751.80$14,966
Mar 202088,05630.341.86$15,197
Feb 202084,57949.881.98$9,469
Jan 202088,10957.252.09$17,444
Dec 2019108,23759.012.30$19,571
Nov 2019288,08555.302.75$23,788
Oct 20191368,51853.472.42$27,873
Sep 20191248,43755.052.66$29,246
Aug 20191288,86153.112.30$27,217
Jul 20191328,93156.272.46$29,398
Jun 20191288,89052.782.49$28,903
May 20191499,34758.482.74$34,327
Apr 20191239,02262.632.75$32,520
Mar 20191249,54056.803.06$36,256
Feb 20191128,82150.852.79$30,325
Jan 20191319,90846.033.23$38,015
Dec 201813310,19946.594.19$48,884
Nov 20181339,83052.934.24$48,692
Oct 201828311,30161.443.40$55,789
Sep 201827711,33959.543.11$51,734
Aug 201828511,94759.403.07$53,565
Jul 201829612,18865.142.93$55,015
Jun 201833111,53560.183.08$55,412
May 201829611,95065.382.90$54,017
Apr 20186812,05463.842.90$39,307
Mar 2018012,96361.222.79$36,126
Feb 2018011,91761.782.77$32,964
Jan 2018013,30062.874.01$53,324
Dec 2017013,87457.272.92$40,533
Nov 20171513,87155.423.12$44,086
Oct 201725014,53649.292.98$55,693
Sep 201724815,56747.523.09$59,845
Aug 201723113,33945.373.00$50,556
Jul 201722915,94043.873.09$59,257
Jun 201722816,41942.493.09$60,378
May 201724112,70145.373.26$52,383
Apr 201729615,30347.933.21$63,334
Mar 201725112,36846.772.98$48,641
Feb 201720210,34950.452.95$40,747
Jan 201728313,44649.413.42$59,952
Dec 201632415,36648.763.72$73,003
Nov 201629014,24342.492.64$49,986
Oct 201638615,13946.193.09$64,613
Sep 201638114,84441.553.10$61,856
Aug 201641315,54841.442.92$62,582
Jul 201642316,10841.622.92$64,711
Jun 201641715,90445.352.69$61,626
May 201646916,84342.521.99$53,477
Apr 201647016,64236.561.99$50,318
Mar 201650717,82033.011.79$48,705
Feb 201648017,27926.472.06$48,363
Jan 201649818,18127.352.36$56,607
Dec 201539119,71932.362.00$52,119
Nov 201537719,15838.792.17$56,146
Oct 201540822,50543.552.43$72,379
Sep 201532817,51342.992.76$62,409
Aug 201522412,31840.162.87$44,379
Jul 201532817,20748.152.95$66,469
Jun 201530815,14056.152.88$60,941
May 201531215,47955.212.96$62,973
Apr 201533816,24449.822.71$60,805
Mar 201536016,93042.892.93$65,125
Feb 201534415,52944.662.98$61,580
Jan 201540918,18843.433.10$74,157
Dec 201447421,77554.693.59$104,125
Nov 201447521,22370.464.25$123,705
Oct 201444420,77478.303.90$115,804
Sep 201445221,35086.164.05$125,314
Aug 201447123,35289.394.04$136,331
Jul 201449823,32296.564.18$145,564
Jun 201449523,42898.164.74$159,565
May 201448421,62194.734.73$148,042
Apr 201458626,49395.944.81$183,629
Mar 201470029,50395.895.06$216,314
Feb 201467127,25297.406.19$234,100
Jan 201476331,81190.404.86$223,600
Dec 201372931,60891.824.35$204,573
Nov 201372231,29388.853.74$181,132
Oct 201380334,94197.423.78$210,283
Sep 201381036,608104.113.72$220,428
Aug 201384139,208104.253.52$225,789
Jul 201393442,560102.523.72$253,981
Jun 20131,01243,62894.403.93$267,140
May 20131,30851,45594.834.15$337,529
Apr 201383432,75393.964.28$218,630
Mar 20131,00236,46293.623.91$236,478
Feb 201397536,73191.233.42$214,566
Jan 20131,14744,77891.603.42$258,202
Dec 20121,25247,99786.773.42$272,793
Nov 20121,09347,17586.953.62$266,044
Oct 20121,33853,80689.383.40$302,514
Sep 20121,06942,22194.672.92$224,420
Aug 20121,14052,56492.662.91$258,497
Jul 20121,38158,47285.133.02$294,197
Jun 20121,56363,33379.822.52$284,297
May 20121,98977,24791.612.49$374,428
Apr 20122,19981,834101.652.00$386,934
Mar 20121,170104,918105.052.22$356,045
Feb 20121,16042,350101.102.57$226,126
Jan 201268926,41698.092.73$139,807
Dec 20111,07241,52196.873.24$238,362
Nov 20111,33055,96295.723.31$312,613
Oct 20111,46769,28384.983.65$377,447
Sep 20111,78081,73483.623.99$474,619
Aug 20112,309104,11383.404.15$624,569
Jul 20111,58668,01794.144.52$456,555
Jun 20110092.904.64$0
May 20110098.134.40$0

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                4,101 Mcf  × $  3.05 =    $12,491

────────────────────────────────────────────────────
Month total                                  $12,491

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/262196 is the state's own key, not one this site invented.