SLICK, T.B. ESTATE

Operated by FINA OIL & CHEMICAL COMPANY (P-5 268321) in the HINDE (VICKSBURG 23) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 99672District 04Field 41537553NGPA filingCondensateGasSaveExport
Value, all time
$439 k
Jan 1993 – Feb 1999
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
74
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1984-08-29
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: HINDE (VICKSBURG CONSOLIDATED) FIELD EFF 2-1-00.

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
NGPA3none

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
CondensateDisposition10,753 bbl$171,760
GasProduction627,022 Mcf$266,851
Total$438,611

516,633 Mcf of this lease's gas, across 48 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 26.4915, -98.5223. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.49151, -98.52234 · 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
10,500 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 10,500 ft.

Completions filed
Jan 2007
1 of 1 wells

1 well

42-427316117810,500 ftJan 2007Yes

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 (74)

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

74 months

Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 199881,3039.201.77$2,384
Nov 1998113,73910.892.19$8,292
Oct 199863,85812.421.97$7,672
Sep 199852,83412.592.08$5,965
Aug 199873,50611.301.91$6,766
Jul 199871,58211.742.24$3,622
Jun 199871,75711.242.24$4,010
May 1998223,15012.622.21$7,228
Apr 1998414,51713.042.51$11,851
Mar 1998231,21112.802.31$3,091
Feb 1998454,50813.952.30$10,992
Jan 1998356,55814.702.15$14,646
Dec 1997476,10616.322.41$15,489
Nov 1997429,25118.193.09$29,333
Oct 19971426019.253.15$1,088
Sep 1997335,54617.742.95$16,973
Aug 1997244,61117.862.55$12,209
Jul 1997314,37117.582.25$10,366
Jun 1997584,54417.242.26$11,257
May 1997596,51518.972.31$16,159
Apr 1997646,86217.882.08$15,436
Mar 1997558,97218.951.94$18,440
Feb 1997516,31320.492.21$14,971
Jan 1997608,51523.483.54$31,549
Dec 1996609,24323.32$1,399
Nov 1996613,91221.97$1,340
Oct 1996678,16623.31$1,562
Sep 1996727,82522.22$1,600
Aug 1996708,85920.26$1,418
Jul 1996798,07119.55$1,544
Jun 1996928,18818.73$1,723
May 19961037,47419.43$2,001
Apr 19961364,07721.51$2,925
Mar 19961205,76119.38$2,326
Feb 19961326,20416.98$2,241
Jan 19962326,04617.07$3,960
Dec 19952767,64817.19$4,744
Nov 19952397,49716.00$3,824
Oct 19951968,94315.43$3,024
Sep 19952228,40616.18$3,592
Aug 19952268,02115.92$3,598
Jul 19951389,80615.24$2,103
Jun 19951139,76416.41$1,854
May 199513311,76317.56$2,335
Apr 19951188,91117.73$2,092
Mar 199511112,17316.44$1,825
Feb 19957011,31516.58$1,161
Jan 199525214,06415.92$4,012
Dec 199435815,37715.03$5,381
Nov 199434714,59415.90$5,517
Oct 199451417,64315.58$8,008
Sep 199445618,97215.29$6,972
Aug 199459426,60316.13$9,581
Jul 199461015,61117.56$10,712
Jun 199454315,11617.09$9,280
May 199458616,66315.88$9,306
Apr 199465218,69114.14$9,219
Mar 199467624,72112.46$8,423
Feb 199455419,62512.50$6,925
Jan 199444915,07612.66$5,684
Dec 19932921,82912.33$358
Nov 19932620,57714.49$377
Oct 19933029,84015.85$476
Sep 1993152,69715.03$225
Aug 1993282,67715.66$438
Jul 1993172,65115.46$263
Jun 1993162,50716.79$269
May 1993402,82217.68$707
Apr 1993392,62018.05$704
Mar 1993422,60718.14$762
Feb 1993312,04617.90$555
Jan 1993282,93116.93$474

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 1998 — as filed, then multipliedworked
Condensate             8 bbl  × $  9.20 =        $74
Gas                1,303 Mcf  × $  1.77 =     $2,311

────────────────────────────────────────────────────
Month total                                   $2,384

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/99672 is the state's own key, not one this site invented.