SLICK, T. B. -B-

Operated by KERR-MCGEE OIL & GAS ONSHORE LLC (P-5 457809) in the RINCON (H) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 55087District 04Field 76721378NGPA filingGasSaveExport
Value, all time
$123 k
Jan 1993 – Oct 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
142
no gaps in the span
Streams
1
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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
1940-03-03
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: ALLOC. FORMU. SUSP. ADMIN. EFF 4-1-94

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
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
GasProduction179,194 Mcf$123,007
Total$123,007

137,403 Mcf of this lease's gas, across 26 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 26.5095, -98.6101. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.50953, -98.61008 · 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
4,250 ft
1 wells filed one
Completion to plug
31.5 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 4,250 ft.

Completions filed
Apr 1973
1 of 1 wells
Plug dates filed
Oct 2004
1 of 1 wells

Last completion to plug: a median of 31.5 years across the 1 well that filed both dates, with the middle half between 31.5 years and 31.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-42701563404,250 ftApr 1973Oct 2004Yes

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 (142)

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

142 months

Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 200214626.914.85$709
Nov 200215324.664.14$633
Oct 200229326.464.23$1,239
Sep 200216627.443.64$603
Aug 200223125.963.16$731
Jul 200223724.583.06$726
Jun 200227523.733.34$918
May 200232824.663.58$1,176
Apr 200234023.653.51$1,194
Mar 200231022.003.10$962
Feb 200226618.222.38$632
Jan 200232017.172.38$760
Dec 200128316.932.36$669
Nov 200136318.072.41$873
Oct 200142519.782.53$1,075
Sep 200140524.262.25$912
Aug 200143624.873.05$1,331
Jul 200141723.933.20$1,333
Jun 200139624.563.82$1,514
May 200134925.524.31$1,503
Apr 200131424.685.34$1,675
Mar 200133024.545.38$1,774
Feb 200131427.755.77$1,811
Jan 200134427.478.40$2,889
Dec 200039326.889.12$3,585
Nov 200046832.215.66$2,648
Oct 200050631.235.15$2,604
Sep 200041631.875.19$2,158
Aug 200053929.644.54$2,447
Jul 200054928.534.09$2,245
Jun 200057629.304.40$2,533
May 200048027.263.68$1,766
Apr 200036624.513.12$1,140
Mar 200044928.422.86$1,284
Feb 200036427.622.73$992
Jan 200036825.272.48$913
Dec 199944224.282.42$1,071
Nov 199958223.192.43$1,417
Oct 199952820.982.80$1,480
Sep 199952621.752.62$1,378
Aug 199959619.262.88$1,714
Jul 199952617.892.37$1,248
Jun 199963915.942.36$1,509
May 199972815.792.32$1,690
Apr 199973815.102.21$1,630
Mar 199964312.471.84$1,182
Feb 19995599.981.82$1,016
Jan 199960310.381.90$1,146
Dec 19985569.201.77$986
Nov 199854410.892.19$1,189
Oct 199856512.421.97$1,113
Sep 199865412.592.08$1,362
Aug 199875011.301.91$1,431
Jul 199863011.742.24$1,409
Jun 199861611.242.24$1,378
May 199858012.622.21$1,280
Apr 199860413.042.51$1,513
Mar 199852512.802.31$1,212
Feb 199855713.952.30$1,281
Jan 199861714.702.15$1,330
Dec 199761816.322.41$1,490
Nov 199765418.193.09$2,020
Oct 199778219.253.15$2,463
Sep 199776017.742.95$2,246
Aug 19971,02517.862.55$2,619
Jul 199762217.582.25$1,398
Jun 199788317.242.26$1,993
May 199771118.972.31$1,641
Apr 199778917.882.08$1,643
Mar 19971,74718.951.94$3,388
Feb 19972,22820.492.21$4,915
Jan 19973,74923.483.54$13,270
Dec 19963,49923.32$0
Nov 19967,18721.97$0
Oct 19969,47223.31$0
Sep 19962,82422.22$0
Aug 1996020.26$0
Jul 1996019.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996019.38$0
Feb 1996016.98$0
Jan 1996017.07$0
Dec 1995017.19$0
Nov 1995016.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 199556216.41$0
May 199531517.56$0
Apr 199518717.73$0
Mar 19953,64016.44$0
Feb 19955,20016.58$0
Jan 19955,16515.92$0
Dec 19943,64215.03$0
Nov 19948,38415.90$0
Oct 19949,03515.58$0
Sep 19942,95715.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 199433617.09$0
May 19947,16615.88$0
Apr 19948,87414.14$0
Mar 19948,89712.46$0
Feb 19949,33712.50$0
Jan 19949,06812.66$0
Dec 199310,87612.33$0
Nov 199312,50714.49$0
Oct 19937,97215.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 199310518.14$0
Feb 19939717.90$0
Jan 19939916.93$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.

Dec 2002 — as filed, then multipliedworked
Gas                  146 Mcf  × $  4.85 =       $709

────────────────────────────────────────────────────
Month total                                     $709

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/55087 is the state's own key, not one this site invented.