SLATOR

Name: SLATOR lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HURST OIL & GAS, INC. (P-5 420220) in the GOLDSMITH (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28770District 08Field 35652868Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$1.1 M

Jan 1993 – Feb 2008

Value, last 12 filed months

at the published price for each month

Months reported

182

no gaps in the span

Streams

oil, casinghead gas

The GOLDSMITH (5600) field

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 157 leases and 1,575 wells, and the rule below applies to all of them.

Discovered

1947-10-26

as the register files it

Field class

Oil and gas

the register's own label

Between wells

850 ft

minimum

From a lease line

555 ft

minimum

A drilling unit in this field needs at least 20 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “INTO THE GOLDSMITH (CLEAR FORK) FIELD.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	3	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	46,631 bbl	$1,096,174
Casinghead gas	Production	32,534 Mcf	$41,781
Total			$1,137,956

18,280 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 (3)

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 31.9209, -102.6860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.92097, -102.68596 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

3 of 3 wells

With a plug date

33.3%

1 of 3 wells

Median depth

6,382 ft

3 wells filed one

Completion to plug

5.1 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

133.3%

BothOn the schedule and plugged. Neither fact cancels the other.

133.3%

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

Between 5,910 and 6,500 ft, median 6,382 ft, over the 3 wells that filed a depth.

Completions filed

Mar 1984 – Nov 1996

3 of 3 wells

Plug dates filed

Dec 2001

1 of 3 wells; 2 filed none

Last completion to plug: a median of 5.1 years across the 1 well that filed both dates, with the middle half between 5.1 years and 5.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-13534845	3	6,500 ft	Nov 1996	Dec 2001	Yes
42-13534676	2	6,382 ft	Dec 1984	—	Yes
42-13534440	1	5,910 ft	Mar 1984	—	Yes

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 (182)

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

182 months


Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	258	0	54.90	6.01	$14,164
Sep 2006	124	0	60.08	5.04	$7,450
Aug 2006	122	0	68.71	7.34	$8,383
Jul 2006	246	0	69.37	6.34	$17,065
Jun 2006	130	0	66.28	6.38	$8,616
May 2006	137	0	66.01	6.42	$9,043
Apr 2006	240	0	64.39	7.36	$15,454
Mar 2006	238	0	56.70	7.08	$13,495
Feb 2006	233	0	57.59	7.75	$13,418
Jan 2006	1	0	60.59	8.93	$61
Dec 2005	259	0	54.94	13.42	$14,229
Nov 2005	123	0	54.69	10.59	$6,727
Oct 2005	251	0	58.34	13.80	$14,643
Sep 2005	127	0	61.45	12.08	$7,804
Aug 2005	258	0	61.51	9.80	$15,870
Jul 2005	120	0	55.69	7.84	$6,683
Jun 2005	255	0	52.33	7.38	$13,344
May 2005	256	0	45.22	6.65	$11,576
Apr 2005	135	0	49.20	7.36	$6,642
Mar 2005	258	0	50.37	7.15	$12,995
Feb 2005	258	0	45.22	6.31	$11,667
Jan 2005	141	0	43.16	6.32	$6,086
Dec 2004	123	1	39.86	6.75	$4,910
Nov 2004	121	1	45.28	6.33	$5,485
Oct 2004	266	1	49.70	6.52	$13,227
Sep 2004	129	1	43.24	5.28	$5,583
Aug 2004	143	1	42.37	5.55	$6,064
Jul 2004	258	1	38.28	6.08	$9,882
Jun 2004	256	1	36.10	6.43	$9,248
May 2004	124	1	37.48	6.49	$4,654
Apr 2004	129	1	34.47	5.86	$4,452
Mar 2004	247	0	34.36	5.53	$8,487
Feb 2004	121	0	32.45	5.51	$3,926
Jan 2004	256	0	32.03	6.30	$8,200
Dec 2003	251	0	30.26	6.30	$7,595
Nov 2003	125	0	28.80	4.60	$3,600
Oct 2003	245	0	28.17	4.76	$6,902
Sep 2003	156	50	26.31	4.75	$4,342
Aug 2003	244	101	29.76	5.13	$7,780
Jul 2003	127	33	29.41	5.17	$3,906
Jun 2003	243	1	28.56	5.98	$6,946
May 2003	251	0	26.59	5.97	$6,674
Apr 2003	131	36	26.67	5.41	$3,688
Mar 2003	250	53	31.14	6.10	$8,108
Feb 2003	136	50	33.48	7.93	$4,950
Jan 2003	254	57	30.31	5.58	$8,017
Dec 2002	130	66	26.91	4.85	$3,819
Nov 2002	246	66	24.66	4.14	$6,339
Oct 2002	136	94	26.46	4.23	$3,996
Sep 2002	248	89	27.44	3.64	$7,129
Aug 2002	128	89	25.96	3.16	$3,604
Jul 2002	250	83	24.58	3.06	$6,399
Jun 2002	223	86	23.73	3.34	$5,579
May 2002	238	100	24.66	3.58	$6,227
Apr 2002	252	60	23.65	3.51	$6,171
Mar 2002	368	87	22.00	3.10	$8,366
Feb 2002	9	68	18.22	2.38	$326
Jan 2002	229	80	17.17	2.38	$4,122
Dec 2001	355	74	16.93	2.36	$6,185
Nov 2001	116	82	18.07	2.41	$2,293
Oct 2001	236	88	19.78	2.53	$4,891
Sep 2001	237	87	24.26	2.25	$5,945
Aug 2001	236	89	24.87	3.05	$6,141
Jul 2001	226	84	23.93	3.20	$5,677
Jun 2001	232	71	24.56	3.82	$5,969
May 2001	241	55	25.52	4.31	$6,387
Apr 2001	238	88	24.68	5.34	$6,343
Mar 2001	351	126	24.54	5.38	$9,291
Feb 2001	213	114	27.75	5.77	$6,568
Jan 2001	225	129	27.47	8.40	$7,264
Dec 2000	233	110	26.88	9.12	$7,267
Nov 2000	325	130	32.21	5.66	$11,204
Oct 2000	222	152	31.23	5.15	$7,715
Sep 2000	281	160	31.87	5.19	$9,785
Aug 2000	205	172	29.64	4.54	$6,857
Jul 2000	215	169	28.53	4.09	$6,825
Jun 2000	304	187	29.30	4.40	$9,729
May 2000	316	202	27.26	3.68	$9,357
Apr 2000	220	204	24.51	3.12	$6,028
Mar 2000	321	229	28.42	2.86	$9,778
Feb 2000	295	201	27.62	2.73	$8,696
Jan 2000	314	204	25.27	2.48	$8,441
Dec 1999	318	228	24.28	2.42	$8,274
Nov 1999	311	176	23.19	2.43	$7,640
Oct 1999	360	184	20.98	2.80	$8,069
Sep 1999	218	205	21.75	2.62	$5,278
Aug 1999	378	312	19.26	2.88	$8,177
Jul 1999	375	253	17.89	2.37	$7,309
Jun 1999	374	325	15.94	2.36	$6,729
May 1999	437	357	15.79	2.32	$7,729
Apr 1999	412	346	15.10	2.21	$6,985
Mar 1999	357	314	12.47	1.84	$5,029
Feb 1999	300	273	9.98	1.82	$3,490
Jan 1999	370	302	10.38	1.90	$4,414
Dec 1998	397	205	9.20	1.77	$4,016
Nov 1998	0	118	10.89	2.19	$258
Oct 1998	212	156	12.42	1.97	$2,940
Sep 1998	291	269	12.59	2.08	$4,224
Aug 1998	373	348	11.30	1.91	$4,879
Jul 1998	290	285	11.74	2.24	$4,042
Jun 1998	179	163	11.24	2.24	$2,377
May 1998	293	270	12.62	2.21	$4,293
Apr 1998	291	307	13.04	2.51	$4,564
Mar 1998	364	322	12.80	2.31	$5,403
Feb 1998	271	292	13.95	2.30	$4,452
Jan 1998	331	299	14.70	2.15	$5,510
Dec 1997	343	267	16.32	2.41	$6,242
Nov 1997	343	289	18.19	3.09	$7,132
Oct 1997	344	192	19.25	3.15	$7,227
Sep 1997	351	324	17.74	2.95	$7,184
Aug 1997	242	308	17.86	2.55	$5,109
Jul 1997	365	273	17.58	2.25	$7,030
Jun 1997	284	274	17.24	2.26	$5,515
May 1997	303	315	18.97	2.31	$6,475
Apr 1997	340	282	17.88	2.08	$6,667
Mar 1997	334	307	18.95	1.94	$6,925
Feb 1997	252	236	20.49	2.21	$5,684
Jan 1997	329	313	23.48	3.54	$8,833
Dec 1996	386	260	23.32	—	$9,002
Nov 1996	274	296	21.97	—	$6,020
Oct 1996	357	332	23.31	—	$8,322
Sep 1996	359	336	22.22	—	$7,977
Aug 1996	270	336	20.26	—	$5,470
Jul 1996	356	332	19.55	—	$6,960
Jun 1996	289	275	18.73	—	$5,413
May 1996	338	327	19.43	—	$6,567
Apr 1996	351	309	21.51	—	$7,550
Mar 1996	359	322	19.38	—	$6,957
Feb 1996	363	299	16.98	—	$6,164
Jan 1996	268	393	17.07	—	$4,575
Dec 1995	374	547	17.19	—	$6,429
Nov 1995	353	438	16.00	—	$5,648
Oct 1995	347	513	15.43	—	$5,354
Sep 1995	280	500	16.18	—	$4,530
Aug 1995	362	468	15.92	—	$5,763
Jul 1995	344	409	15.24	—	$5,243
Jun 1995	341	364	16.41	—	$5,596
May 1995	424	427	17.56	—	$7,445
Apr 1995	264	458	17.73	—	$4,681
Mar 1995	357	530	16.44	—	$5,869
Feb 1995	339	420	16.58	—	$5,621
Jan 1995	366	415	15.92	—	$5,827
Dec 1994	372	493	15.03	—	$5,591
Nov 1994	364	444	15.90	—	$5,788
Oct 1994	437	517	15.58	—	$6,808
Sep 1994	370	483	15.29	—	$5,657
Aug 1994	333	467	16.13	—	$5,371
Jul 1994	360	369	17.56	—	$6,322
Jun 1994	443	312	17.09	—	$7,571
May 1994	344	270	15.88	—	$5,463
Apr 1994	359	360	14.14	—	$5,076
Mar 1994	437	379	12.46	—	$5,445
Feb 1994	330	333	12.50	—	$4,125
Jan 1994	433	349	12.66	—	$5,482
Dec 1993	355	333	12.33	—	$4,377
Nov 1993	372	353	14.49	—	$5,390
Oct 1993	438	300	15.85	—	$6,942
Sep 1993	344	154	15.03	—	$5,170
Aug 1993	519	346	15.66	—	$8,128
Jul 1993	315	370	15.46	—	$4,870
Jun 1993	524	446	16.79	—	$8,798
May 1993	531	408	17.68	—	$9,388
Apr 1993	431	342	18.05	—	$7,780
Mar 1993	415	380	18.14	—	$7,528
Feb 1993	432	370	17.90	—	$7,733
Jan 1993	550	396	16.93	—	$9,312

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.

Oct 2006 — as filed, then multipliedworked

Oil                  258 bbl  × $ 54.90 =    $14,164
Casinghead gas         0 Mcf  × $  6.01 =         $0

────────────────────────────────────────────────────
Month total                                  $14,164

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. 08/O/28770 is the state's own key, not one this site invented.