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 264318District 04Field 415372502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.2 M
May 2011 – May 2026
Value, last 12 filed months
$88 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 Gas112013-04-05206880
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
CondensateDisposition37,530 bbl$2,958,060
GasProduction1,598,081 Mcf$5,283,224
Total$8,241,284

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 26.5056, -98.5040. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.50557, -98.50396 · 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
12,002 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 12,002 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-4273457023112,002 ftJun 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 202601,911106.413.05$5,821
Apr 202601,84898.932.87$5,303
Mar 202601,85789.753.15$5,849
Feb 202601,66363.503.75$6,237
Jan 202601,87759.138.00$15,012
Dec 202502,01256.664.41$8,880
Nov 202501,99458.593.93$7,829
Oct 202502,06159.383.30$6,811
Sep 202502,06162.743.08$6,342
Aug 202502,11063.933.01$6,361
Jul 202502,15066.743.32$7,128
Jun 202502,11266.483.13$6,608
May 202502,22560.553.23$7,192
Apr 202502,13862.363.54$7,575
Mar 202502,16667.704.27$9,245
Feb 202501,94970.884.34$8,460
Jan 202502,17274.324.28$9,293
Dec 202402,25668.993.12$7,042
Nov 202402,13669.052.20$4,696
Oct 202402,28871.372.28$5,220
Sep 202402,25469.612.36$5,329
Aug 202402,35475.632.06$4,858
Jul 202472,33379.932.15$5,568
Jun 2024452,28178.082.63$9,522
May 2024482,18378.812.20$8,582
Apr 2024542,29784.451.66$8,371
Mar 2024462,37180.301.55$7,357
Feb 2024442,29776.091.78$7,445
Jan 2024472,45273.023.30$11,518
Dec 2023532,59271.262.61$10,544
Nov 2023602,29077.892.81$11,103
Oct 2023762,49285.443.09$14,187
Sep 2023702,37489.042.74$12,726
Aug 2023762,58480.522.67$13,026
Jul 2023702,75174.852.64$12,507
Jun 2023732,30468.962.26$10,238
May 2023732,66470.622.23$11,089
Apr 2023772,72778.122.24$12,118
Mar 2023802,50572.852.39$11,823
Feb 2023622,54575.112.47$10,932
Jan 2023832,59076.533.39$15,126
Dec 2022722,80276.415.73$21,554
Nov 2022682,40785.005.65$19,370
Oct 2022802,67587.185.86$22,660
Sep 2022762,82084.888.16$29,472
Aug 2022762,79294.529.13$32,667
Jul 2022722,961101.587.54$29,646
Jun 2022683,219115.097.98$33,505
May 2022693,142109.378.43$34,043
Apr 2022613,008104.226.84$26,925
Mar 2022583,140108.885.08$22,255
Feb 2022682,89791.054.86$20,267
Jan 20221703,02481.844.54$27,635
Dec 2021983,11271.323.90$19,123
Nov 2021643,10877.435.24$21,232
Oct 2021553,31379.795.71$23,319
Sep 2021503,25169.865.35$20,889
Aug 2021543,13966.024.22$16,814
Jul 2021603,28070.783.98$17,308
Jun 2021633,21769.493.38$15,253
May 2021573,81463.483.02$15,128
Apr 2021633,85460.362.76$14,434
Mar 2021633,69761.302.72$13,906
Feb 2021533,22457.805.55$20,950
Jan 2021673,55150.412.81$13,357
Dec 2020673,55244.642.68$12,494
Nov 2020383,54638.772.71$11,071
Oct 2020143,76236.972.48$9,841
Sep 2020133,69537.091.99$7,839
Aug 2020144,08139.982.39$10,293
Jul 2020143,89838.371.83$7,652
Jun 2020123,68034.901.69$6,639
May 2020194,29916.921.81$8,123
Apr 2020104,23114.751.80$7,782
Mar 2020153,22130.341.86$6,434
Feb 2020142,99349.881.98$6,626
Jan 2020153,35657.252.09$7,889
Dec 2019163,35959.012.30$8,685
Nov 2019193,39555.302.75$10,389
Oct 2019853,46153.472.42$12,916
Sep 20191413,49655.052.66$17,052
Aug 20191413,79153.112.30$16,224
Jul 20191534,07856.272.46$18,641
Jun 20191434,06152.782.49$17,664
May 20191674,35858.482.74$21,708
Apr 20191334,27062.632.75$20,075
Mar 20191444,35856.803.06$21,524
Feb 20191294,13150.852.79$18,094
Jan 20191514,68446.033.23$22,071
Dec 20181544,68046.594.19$26,763
Nov 20181414,47252.934.24$26,412
Oct 20181404,80261.443.40$24,919
Sep 20181284,64259.543.11$22,048
Aug 20181324,55759.403.07$21,815
Jul 20181374,76365.142.93$22,889
Jun 20181534,93260.183.08$24,383
May 20181445,28665.382.90$24,748
Apr 20181534,90263.842.90$23,987
Mar 20181584,94361.222.79$23,448
Feb 20181434,55161.782.77$21,423
Jan 20181574,91762.874.01$29,584
Dec 20171424,57257.272.92$21,490
Nov 20171374,45155.423.12$21,472
Oct 2017946,09049.292.98$22,804
Sep 2017886,43447.523.09$24,045
Aug 2017825,67345.373.00$20,764
Jul 2017816,88243.873.09$24,800
Jun 2017816,80242.493.09$24,441
May 2017864,77645.373.26$19,488
Apr 20171026,24547.933.21$24,945
Mar 20171146,74446.772.98$25,454
Feb 2017915,60250.452.95$21,131
Jan 20171126,40049.413.42$27,414
Dec 20161186,72148.763.72$30,775
Nov 20161035,95042.492.64$20,110
Oct 20161876,33646.193.09$28,217
Sep 20163886,63741.553.10$36,700
Aug 20164347,24341.442.92$39,166
Jul 20164056,77641.622.92$36,671
Jun 20164197,08045.352.69$38,017
May 20164037,49842.521.99$32,064
Apr 20162427,65236.561.99$24,083
Mar 20162487,75133.011.79$22,092
Feb 20162497,98226.472.06$23,063
Jan 20162728,88327.352.36$28,442
Dec 20151799,10532.362.00$24,015
Nov 20151809,19238.792.17$26,904
Oct 20151829,95343.552.43$32,078
Sep 20151879,86742.992.76$35,256
Aug 20151779,88940.162.87$35,514
Jul 201519710,31648.152.95$39,867
Jun 201520810,22756.152.88$41,162
May 201521910,88255.212.96$44,252
Apr 201523011,06749.822.71$41,412
Mar 201525011,74042.892.93$45,176
Feb 201525011,28544.662.98$44,751
Jan 201528312,62143.433.10$51,424
Dec 201428913,27754.693.59$63,488
Nov 201431414,01070.464.25$81,693
Oct 201431514,77878.303.90$82,313
Sep 201426312,40886.164.05$72,856
Aug 201426413,12789.394.04$76,568
Jul 201425411,90996.564.18$74,301
Jun 201425912,15598.164.74$83,000
May 201431514,09594.734.73$96,461
Apr 201434015,40295.944.81$106,690
Mar 201439116,50195.895.06$120,935
Feb 201436714,91797.406.19$128,112
Jan 201442917,89090.404.86$125,740
Dec 201341718,03991.824.35$116,839
Nov 201343318,76188.853.74$108,606
Oct 201348821,36997.423.78$128,302
Sep 201333915,325104.113.72$92,268
Aug 201337917,657104.253.52$101,709
Jul 201344820,462102.523.72$122,001
Jun 201345419,54994.403.93$119,752
May 201361323,95794.834.15$157,530
Apr 201368326,77393.964.28$178,832
Mar 201387831,95693.623.91$207,238
Feb 201387432,95291.233.42$192,428
Jan 201397137,92191.603.42$218,630
Dec 20121,00338,63486.773.42$219,165
Nov 201253523,10286.953.62$130,262
Oct 201266326,50589.383.40$149,367
Sep 201284233,30094.672.92$176,895
Aug 201284838,96892.662.91$191,901
Jul 20121,33456,49485.133.02$284,221
Jun 20121,46759,95279.822.52$268,117
May 201254020,94991.612.49$101,597
Apr 201262923,372101.652.00$110,607
Mar 20121,12253,318105.052.22$236,343
Feb 201294334,216101.102.57$183,281
Jan 20121,13943,83398.092.73$231,567
Dec 20111,42955,79096.873.24$319,172
Nov 201180334,25895.723.31$190,301
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
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                1,911 Mcf  × $  3.05 =     $5,821

────────────────────────────────────────────────────
Month total                                   $5,821

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/264318 is the state's own key, not one this site invented.