PHILLIPS-SLATOR -24-

Name: PHILLIPS-SLATOR -24- 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 31278District 08Field 35652868Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$437 k

Jan 1993 – May 2007

Value, last 12 filed months

$30 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.”

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	15,827 bbl	$423,735
Casinghead gas	Production	6,808 Mcf	$12,785
Total			$436,520

2,884 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 31.9147, -102.6782. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91469, -102.67817 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

6,000 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 6,000 ft.

Completions filed

Jun 1987

1 of 1 wells

1 well


42-13535521	1	6,000 ft	Jun 1987	—	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	142	0	54.20	7.62	$7,696
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	173	0	60.08	5.04	$10,394
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	174	0	69.37	6.34	$12,070
Jun 2006	0	0	66.28	6.38	$0
May 2006	5	0	66.01	6.42	$330
Apr 2006	170	0	64.39	7.36	$10,946
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	165	0	57.59	7.75	$9,502
Jan 2006	156	0	60.59	8.93	$9,452
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	318	0	54.69	10.59	$17,391
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	172	0	61.45	12.08	$10,569
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	170	0	55.69	7.84	$9,467
Jun 2005	170	0	52.33	7.38	$8,896
May 2005	0	0	45.22	6.65	$0
Apr 2005	171	0	49.20	7.36	$8,413
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	178	0	43.16	6.32	$7,682
Dec 2004	170	0	39.86	6.75	$6,776
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	339	0	49.70	6.52	$16,848
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	150	0	38.28	6.08	$5,742
Jun 2004	179	0	36.10	6.43	$6,462
May 2004	349	0	37.48	6.49	$13,081
Apr 2004	178	0	34.47	5.86	$6,136
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	4	0	32.45	5.51	$130
Jan 2004	157	31	32.03	6.30	$5,224
Dec 2003	0	31	30.26	6.30	$195
Nov 2003	178	30	28.80	4.60	$5,264
Oct 2003	0	31	28.17	4.76	$148
Sep 2003	173	30	26.31	4.75	$4,694
Aug 2003	0	31	29.76	5.13	$159
Jul 2003	1	31	29.41	5.17	$190
Jun 2003	176	30	28.56	5.98	$5,206
May 2003	0	31	26.59	5.97	$185
Apr 2003	181	30	26.67	5.41	$4,989
Mar 2003	176	31	31.14	6.10	$5,670
Feb 2003	0	28	33.48	7.93	$222
Jan 2003	0	31	30.31	5.58	$173
Dec 2002	0	31	26.91	4.85	$150
Nov 2002	7	30	24.66	4.14	$297
Oct 2002	180	31	26.46	4.23	$4,894
Sep 2002	0	31	27.44	3.64	$113
Aug 2002	0	31	25.96	3.16	$98
Jul 2002	185	31	24.58	3.06	$4,642
Jun 2002	14	30	23.73	3.34	$432
May 2002	185	31	24.66	3.58	$4,673
Apr 2002	10	30	23.65	3.51	$342
Mar 2002	9	31	22.00	3.10	$294
Feb 2002	186	28	18.22	2.38	$3,455
Jan 2002	10	31	17.17	2.38	$245
Dec 2001	184	31	16.93	2.36	$3,188
Nov 2001	5	30	18.07	2.41	$163
Oct 2001	180	31	19.78	2.53	$3,639
Sep 2001	5	30	24.26	2.25	$189
Aug 2001	193	31	24.87	3.05	$4,895
Jul 2001	0	31	23.93	3.20	$99
Jun 2001	183	30	24.56	3.82	$4,609
May 2001	14	31	25.52	4.31	$491
Apr 2001	171	30	24.68	5.34	$4,380
Mar 2001	1	31	24.54	5.38	$191
Feb 2001	178	28	27.75	5.77	$5,101
Jan 2001	184	31	27.47	8.40	$5,315
Dec 2000	0	31	26.88	9.12	$283
Nov 2000	184	30	32.21	5.66	$6,096
Oct 2000	0	62	31.23	5.15	$319
Sep 2000	166	60	31.87	5.19	$5,602
Aug 2000	187	62	29.64	4.54	$5,824
Jul 2000	18	62	28.53	4.09	$767
Jun 2000	177	60	29.30	4.40	$5,450
May 2000	174	62	27.26	3.68	$4,971
Apr 2000	173	60	24.51	3.12	$4,427
Mar 2000	0	60	28.42	2.86	$172
Feb 2000	0	60	27.62	2.73	$164
Jan 2000	163	60	25.27	2.48	$4,268
Dec 1999	0	60	24.28	2.42	$145
Nov 1999	0	60	23.19	2.43	$146
Oct 1999	0	62	20.98	2.80	$174
Sep 1999	0	60	21.75	2.62	$157
Aug 1999	178	62	19.26	2.88	$3,607
Jul 1999	0	62	17.89	2.37	$147
Jun 1999	0	60	15.94	2.36	$142
May 1999	180	62	15.79	2.32	$2,986
Apr 1999	0	60	15.10	2.21	$132
Mar 1999	0	62	12.47	1.84	$114
Feb 1999	0	56	9.98	1.82	$102
Jan 1999	0	62	10.38	1.90	$118
Dec 1998	170	62	9.20	1.77	$1,674
Nov 1998	0	60	10.89	2.19	$131
Oct 1998	152	62	12.42	1.97	$2,010
Sep 1998	0	60	12.59	2.08	$125
Aug 1998	0	62	11.30	1.91	$118
Jul 1998	167	2	11.74	2.24	$1,965
Jun 1998	0	60	11.24	2.24	$134
May 1998	151	62	12.62	2.21	$2,042
Apr 1998	4	60	13.04	2.51	$202
Mar 1998	8	62	12.80	2.31	$246
Feb 1998	167	56	13.95	2.30	$2,458
Jan 1998	173	62	14.70	2.15	$2,677
Dec 1997	2	62	16.32	2.41	$182
Nov 1997	159	60	18.19	3.09	$3,078
Oct 1997	0	62	19.25	3.15	$195
Sep 1997	156	60	17.74	2.95	$2,945
Aug 1997	0	62	17.86	2.55	$158
Jul 1997	0	62	17.58	2.25	$139
Jun 1997	181	60	17.24	2.26	$3,256
May 1997	165	62	18.97	2.31	$3,273
Apr 1997	0	60	17.88	2.08	$125
Mar 1997	177	62	18.95	1.94	$3,474
Feb 1997	0	56	20.49	2.21	$124
Jan 1997	181	62	23.48	3.54	$4,469
Dec 1996	0	62	23.32	—	$0
Nov 1996	186	60	21.97	—	$4,086
Oct 1996	175	62	23.31	—	$4,079
Sep 1996	0	60	22.22	—	$0
Aug 1996	176	60	20.26	—	$3,566
Jul 1996	0	60	19.55	—	$0
Jun 1996	179	60	18.73	—	$3,353
May 1996	173	60	19.43	—	$3,361
Apr 1996	0	60	21.51	—	$0
Mar 1996	181	60	19.38	—	$3,508
Feb 1996	0	60	16.98	—	$0
Jan 1996	174	60	17.07	—	$2,970
Dec 1995	168	60	17.19	—	$2,888
Nov 1995	174	60	16.00	—	$2,784
Oct 1995	0	60	15.43	—	$0
Sep 1995	176	60	16.18	—	$2,848
Aug 1995	172	60	15.92	—	$2,738
Jul 1995	0	60	15.24	—	$0
Jun 1995	178	60	16.41	—	$2,921
May 1995	0	60	17.56	—	$0
Apr 1995	177	60	17.73	—	$3,138
Mar 1995	179	60	16.44	—	$2,943
Feb 1995	0	60	16.58	—	$0
Jan 1995	181	60	15.92	—	$2,882
Dec 1994	182	60	15.03	—	$2,735
Nov 1994	0	60	15.90	—	$0
Oct 1994	184	60	15.58	—	$2,867
Sep 1994	177	60	15.29	—	$2,706
Aug 1994	0	60	16.13	—	$0
Jul 1994	177	60	17.56	—	$3,108
Jun 1994	180	60	17.09	—	$3,076
May 1994	0	60	15.88	—	$0
Apr 1994	181	60	14.14	—	$2,559
Mar 1994	180	60	12.46	—	$2,243
Feb 1994	0	60	12.50	—	$0
Jan 1994	189	60	12.66	—	$2,393
Dec 1993	187	60	12.33	—	$2,306
Nov 1993	182	60	14.49	—	$2,637
Oct 1993	0	60	15.85	—	$0
Sep 1993	183	60	15.03	—	$2,750
Aug 1993	175	60	15.66	—	$2,741
Jul 1993	178	60	15.46	—	$2,752
Jun 1993	0	60	16.79	—	$0
May 1993	183	60	17.68	—	$3,235
Apr 1993	0	60	18.05	—	$0
Mar 1993	182	60	18.14	—	$3,301
Feb 1993	186	60	17.90	—	$3,329
Jan 1993	0	60	16.93	—	$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.

Nov 2006 — as filed, then multipliedworked

Oil                  142 bbl  × $ 54.20 =     $7,696
Casinghead gas         0 Mcf  × $  7.62 =         $0

────────────────────────────────────────────────────
Month total                                   $7,696

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/31278 is the state's own key, not one this site invented.