PHILLIPS-SLATOR -26-

Name: PHILLIPS-SLATOR -26- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FOREST OIL PERMIAN CORPORATION (P-5 275741) 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 28865District 08Field 35652868Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$1.2 M

Jan 1993 – May 2007

Value, last 12 filed months

$91 k

at the published price for each month

Months reported

173

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	4	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	42,656 bbl	$1,209,734
Casinghead gas	Production	22,844 Mcf	$19,908
Total			$1,229,642

16,113 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 31.8984, -102.6830. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.89773, -102.68298 · 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

0.0%

0 of 3 wells

Median depth

6,400 ft

3 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

3100.0%

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

Between 6,000 and 6,500 ft, median 6,400 ft, over the 3 wells that filed a depth.

Completions filed

Jun 1984 – Mar 2002

3 of 3 wells

3 wells


42-13536377	4	6,000 ft	Mar 2002	—	Yes
42-13534429	1	6,500 ft	Jun 1986	—	Yes
42-13534557	2	6,400 ft	Jun 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 (173)

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

173 months


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	38	0	54.20	7.62	$2,060
Oct 2006	291	0	54.90	6.01	$15,976
Sep 2006	288	0	60.08	5.04	$17,303
Aug 2006	288	0	68.71	7.34	$19,788
Jul 2006	316	0	69.37	6.34	$21,921
Jun 2006	210	0	66.28	6.38	$13,919
May 2006	297	0	66.01	6.42	$19,605
Apr 2006	297	0	64.39	7.36	$19,124
Mar 2006	311	0	56.70	7.08	$17,634
Feb 2006	420	0	57.59	7.75	$24,188
Jan 2006	382	0	60.59	8.93	$23,145
Dec 2005	470	0	54.94	13.42	$25,822
Nov 2005	372	0	54.69	10.59	$20,345
Oct 2005	330	0	58.34	13.80	$19,252
Sep 2005	427	0	61.45	12.08	$26,239
Aug 2005	202	0	61.51	9.80	$12,425
Jul 2005	206	0	55.69	7.84	$11,472
Jun 2005	421	0	52.33	7.38	$22,031
May 2005	220	0	45.22	6.65	$9,948
Apr 2005	320	0	49.20	7.36	$15,744
Mar 2005	434	0	50.37	7.15	$21,861
Feb 2005	317	0	45.22	6.31	$14,335
Jan 2005	204	0	43.16	6.32	$8,805
Dec 2004	529	0	39.86	6.75	$21,086
Nov 2004	405	0	45.28	6.33	$18,338
Oct 2004	325	0	49.70	6.52	$16,153
Sep 2004	613	0	43.24	5.28	$26,506
Aug 2004	616	0	42.37	5.55	$26,100
Jul 2004	508	0	38.28	6.08	$19,446
Jun 2004	239	0	36.10	6.43	$8,628
May 2004	191	0	37.48	6.49	$7,159
Apr 2004	363	0	34.47	5.86	$12,513
Mar 2004	236	0	34.36	5.53	$8,109
Feb 2004	377	0	32.45	5.51	$12,234
Jan 2004	250	16	32.03	6.30	$8,108
Dec 2003	257	16	30.26	6.30	$7,878
Nov 2003	256	15	28.80	4.60	$7,442
Oct 2003	260	16	28.17	4.76	$7,400
Sep 2003	374	15	26.31	4.75	$9,911
Aug 2003	245	16	29.76	5.13	$7,373
Jul 2003	251	16	29.41	5.17	$7,465
Jun 2003	370	15	28.56	5.98	$10,657
May 2003	358	31	26.59	5.97	$9,704
Apr 2003	235	30	26.67	5.41	$6,430
Mar 2003	357	31	31.14	6.10	$11,306
Feb 2003	374	28	33.48	7.93	$12,743
Jan 2003	354	31	30.31	5.58	$10,903
Dec 2002	361	31	26.91	4.85	$9,865
Nov 2002	111	30	24.66	4.14	$2,861
Oct 2002	205	31	26.46	4.23	$5,555
Sep 2002	265	30	27.44	3.64	$7,381
Aug 2002	284	31	25.96	3.16	$7,471
Jul 2002	280	31	24.58	3.06	$6,977
Jun 2002	201	30	23.73	3.34	$4,870
May 2002	204	31	24.66	3.58	$5,142
Apr 2002	287	30	23.65	3.51	$6,893
Mar 2002	287	31	22.00	3.10	$6,410
Feb 2002	283	28	18.22	2.38	$5,223
Jan 2002	246	31	17.17	2.38	$4,297
Dec 2001	248	31	16.93	2.36	$4,272
Nov 2001	262	30	18.07	2.41	$4,807
Oct 2001	285	31	19.78	2.53	$5,716
Sep 2001	247	30	24.26	2.25	$6,060
Aug 2001	159	31	24.87	3.05	$4,049
Jul 2001	393	28	23.93	3.20	$9,494
Jun 2001	126	30	24.56	3.82	$3,209
May 2001	86	31	25.52	4.31	$2,328
Apr 2001	90	30	24.68	5.34	$2,381
Mar 2001	111	31	24.54	5.38	$2,891
Feb 2001	133	28	27.75	5.77	$3,852
Jan 2001	137	31	27.47	8.40	$4,024
Dec 2000	202	31	26.88	9.12	$5,713
Nov 2000	372	30	32.21	5.66	$12,152
Oct 2000	186	124	31.23	5.15	$6,447
Sep 2000	185	120	31.87	5.19	$6,518
Aug 2000	184	124	29.64	4.54	$6,017
Jul 2000	185	124	28.53	4.09	$5,785
Jun 2000	188	120	29.30	4.40	$6,036
May 2000	182	124	27.26	3.68	$5,418
Apr 2000	175	120	24.51	3.12	$4,663
Mar 2000	191	120	28.42	2.86	$5,771
Feb 2000	189	120	27.62	2.73	$5,547
Jan 2000	189	120	25.27	2.48	$5,074
Dec 1999	195	120	24.28	2.42	$5,025
Nov 1999	187	120	23.19	2.43	$4,629
Oct 1999	186	124	20.98	2.80	$4,250
Sep 1999	190	120	21.75	2.62	$4,447
Aug 1999	194	124	19.26	2.88	$4,093
Jul 1999	184	124	17.89	2.37	$3,586
Jun 1999	363	120	15.94	2.36	$6,070
May 1999	0	124	15.79	2.32	$288
Apr 1999	173	120	15.10	2.21	$2,877
Mar 1999	324	124	12.47	1.84	$4,268
Feb 1999	157	112	9.98	1.82	$1,770
Jan 1999	331	116	10.38	1.90	$3,656
Dec 1998	0	124	9.20	1.77	$220
Nov 1998	167	120	10.89	2.19	$2,081
Oct 1998	172	124	12.42	1.97	$2,380
Sep 1998	166	120	12.59	2.08	$2,340
Aug 1998	163	124	11.30	1.91	$2,078
Jul 1998	165	4	11.74	2.24	$1,946
Jun 1998	158	120	11.24	2.24	$2,044
May 1998	176	124	12.62	2.21	$2,495
Apr 1998	165	120	13.04	2.51	$2,452
Mar 1998	169	124	12.80	2.31	$2,450
Feb 1998	169	112	13.95	2.30	$2,615
Jan 1998	172	124	14.70	2.15	$2,796
Dec 1997	167	122	16.32	2.41	$3,020
Nov 1997	343	120	18.19	3.09	$6,610
Oct 1997	168	124	19.25	3.15	$3,625
Sep 1997	153	120	17.74	2.95	$3,069
Aug 1997	319	124	17.86	2.55	$6,014
Jul 1997	141	124	17.58	2.25	$2,757
Jun 1997	144	120	17.24	2.26	$2,753
May 1997	283	149	18.97	2.31	$5,712
Apr 1997	140	179	17.88	2.08	$2,876
Mar 1997	269	199	18.95	1.94	$5,483
Feb 1997	86	131	20.49	2.21	$2,051
Jan 1997	126	151	23.48	3.54	$3,493
Dec 1996	253	163	23.32	—	$5,900
Nov 1996	128	128	21.97	—	$2,812
Oct 1996	123	125	23.31	—	$2,867
Sep 1996	138	125	22.22	—	$3,066
Aug 1996	135	170	20.26	—	$2,735
Jul 1996	279	174	19.55	—	$5,454
Jun 1996	273	145	18.73	—	$5,113
May 1996	136	340	19.43	—	$2,642
Apr 1996	281	329	21.51	—	$6,044
Mar 1996	135	314	19.38	—	$2,616
Feb 1996	283	290	16.98	—	$4,805
Jan 1996	400	309	17.07	—	$6,828
Dec 1995	141	196	17.19	—	$2,424
Nov 1995	263	273	16.00	—	$4,208
Oct 1995	277	369	15.43	—	$4,274
Sep 1995	133	366	16.18	—	$2,152
Aug 1995	260	400	15.92	—	$4,139
Jul 1995	262	393	15.24	—	$3,993
Jun 1995	137	306	16.41	—	$2,248
May 1995	248	292	17.56	—	$4,355
Apr 1995	214	170	17.73	—	$3,794
Mar 1995	246	193	16.44	—	$4,044
Feb 1995	255	213	16.58	—	$4,228
Jan 1995	248	202	15.92	—	$3,948
Dec 1994	383	167	15.03	—	$5,756
Nov 1994	130	254	15.90	—	$2,067
Oct 1994	405	298	15.58	—	$6,310
Sep 1994	130	418	15.29	—	$1,988
Aug 1994	411	462	16.13	—	$6,629
Jul 1994	268	475	17.56	—	$4,706
Jun 1994	270	463	17.09	—	$4,614
May 1994	276	311	15.88	—	$4,383
Apr 1994	274	410	14.14	—	$3,874
Mar 1994	406	438	12.46	—	$5,059
Feb 1994	393	375	12.50	—	$4,913
Jan 1994	135	413	12.66	—	$1,709
Dec 1993	393	420	12.33	—	$4,846
Nov 1993	399	406	14.49	—	$5,782
Oct 1993	288	449	15.85	—	$4,565
Sep 1993	283	468	15.03	—	$4,253
Aug 1993	412	430	15.66	—	$6,452
Jul 1993	200	439	15.46	—	$3,092
Jun 1993	383	452	16.79	—	$6,431
May 1993	516	430	17.68	—	$9,123
Apr 1993	128	518	18.05	—	$2,310
Mar 1993	387	484	18.14	—	$7,020
Feb 1993	360	545	17.90	—	$6,444
Jan 1993	390	603	16.93	—	$6,603

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.

Nov 2006 — as filed, then multipliedworked

Oil                   38 bbl  × $ 54.20 =     $2,060
Casinghead gas         0 Mcf  × $  7.62 =         $0

────────────────────────────────────────────────────
Month total                                   $2,060

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/28865 is the state's own key, not one this site invented.