SLICK 541
SLICK 541 is a Texas gas lease in Starr County, Railroad Commission district 04, operated by Texas Independent Explor., Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2000 to August 2026, totalling 1,032,828 thousand cubic feet. 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 $357K, with roughly $56K 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 2,096 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 5,875 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SLICK 541
- Who operates SLICK 541?
- SLICK 541 is operated by Texas Independent Explor., Inc., Railroad Commission of Texas operator number 846542.
- Where is SLICK 541?
- SLICK 541 is a Texas gas lease in Starr County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 181143.
- Is SLICK 541 still producing?
- SLICK 541 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SLICK 541 is August 2026.
- How much has SLICK 541 produced?
- SLICK 541 has reported 1,032,828 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2000 and August 2026, from 1 wellbore.
- How much is SLICK 541 worth?
- The remaining production from SLICK 541 is estimated to be worth about $357K in total as of 26 August 2026, within a range of $296K to $418K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SLICK 541 is a fraction of it. The estimate fits an Arps decline curve to the production SLICK 541 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SLICK 541 is an estimate of value, not an offer and not an appraisal.
- How much income does SLICK 541 generate in a year?
- SLICK 541 is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SLICK 541 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texas Independent Explor., Inc. |
|---|---|
| Field | Frost, North (Wood 2) |
| County | Starr County, Texas |
| RRC district | 04 |
| Lease number | 181143 |
| Wellbores | 1 |
| Reported production | 1,032,828 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $357K |
Where SLICK 541 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.