SLATER 12B
SLATER 12B is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2016 to August 2026, totalling 470,138 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $2.1M, with roughly $482K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 769 barrels a month. Its strongest month on the record we hold was January 2017, at 32,544 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about SLATER 12B
- Who operates SLATER 12B?
- SLATER 12B is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is SLATER 12B?
- SLATER 12B is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48518.
- Is SLATER 12B still producing?
- SLATER 12B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SLATER 12B is August 2026.
- How much has SLATER 12B produced?
- SLATER 12B has reported 470,138 barrels of oil (bbl) to the Railroad Commission of Texas between October 2016 and August 2026, from 1 wellbore.
- How much is SLATER 12B worth?
- The remaining production from SLATER 12B is estimated to be worth about $2.1M in total as of 26 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SLATER 12B is a fraction of it. The estimate fits an Arps decline curve to the production SLATER 12B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SLATER 12B is an estimate of value, not an offer and not an appraisal.
- How much income does SLATER 12B generate in a year?
- SLATER 12B is forecast to net about $482K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SLATER 12B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 48518 |
| Wellbores | 1 |
| Reported production | 470,138 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where SLATER 12B sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.