BENNETT, W. H.

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

Operated by FREDCO (P-5 284921) in the HEYSER (5700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7268District 02Field 40957704NGPA filingOilCasinghead gasSave Export

Value, all time

$2.6 M

Jan 1993 – Mar 2007

Value, last 12 filed months

at the published price for each month

Months reported

171

no gaps in the span

Streams

oil, casinghead gas

The HEYSER (5700) 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 10 leases and 11 wells, and the rule below applies to all of them.

Discovered

1966-12-19

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	1	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	53,950 bbl	$1,511,423
Casinghead gas	Production	284,610 Mcf	$1,092,796
Total			$2,604,219

51,813 Mcf of this lease's gas, across 45 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 28.6254, -96.8710. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.62537, -96.87101 · 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

9,005 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 9,005 ft.

Completions filed

Feb 2006

1 of 1 wells

1 well


42-46931380	16 U	9,005 ft	Feb 2006	—	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 (171)

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

171 months


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	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	55	0	56.70	7.08	$3,119
Feb 2006	1,459	2,261	57.59	7.75	$101,549
Jan 2006	1,894	3,457	60.59	8.93	$145,640
Dec 2005	2,144	2,781	54.94	13.42	$155,100
Nov 2005	1,679	4,485	54.69	10.59	$139,313
Oct 2005	1,853	4,286	58.34	13.80	$167,233
Sep 2005	148	3,698	61.45	12.08	$53,763
Aug 2005	138	1,438	61.51	9.80	$22,576
Jul 2005	76	469	55.69	7.84	$7,911
Jun 2005	87	612	52.33	7.38	$9,070
May 2005	44	849	45.22	6.65	$7,637
Apr 2005	43	1,079	49.20	7.36	$10,058
Mar 2005	66	1,055	50.37	7.15	$10,873
Feb 2005	100	884	45.22	6.31	$10,102
Jan 2005	136	426	43.16	6.32	$8,563
Dec 2004	164	212	39.86	6.75	$7,968
Nov 2004	174	537	45.28	6.33	$11,278
Oct 2004	194	596	49.70	6.52	$13,525
Sep 2004	209	1,100	43.24	5.28	$14,849
Aug 2004	407	1,260	42.37	5.55	$24,238
Jul 2004	260	817	38.28	6.08	$14,924
Jun 2004	130	387	36.10	6.43	$7,183
May 2004	1,499	1,017	37.48	6.49	$62,788
Apr 2004	79	303	34.47	5.86	$4,498
Mar 2004	178	713	34.36	5.53	$10,059
Feb 2004	205	435	32.45	5.51	$9,049
Jan 2004	353	1,232	32.03	6.30	$19,068
Dec 2003	711	1,219	30.26	6.30	$29,197
Nov 2003	998	1,109	28.80	4.60	$33,838
Oct 2003	942	2,292	28.17	4.76	$37,445
Sep 2003	72	3,410	26.31	4.75	$18,090
Aug 2003	127	7,396	29.76	5.13	$41,719
Jul 2003	99	3,424	29.41	5.17	$20,617
Jun 2003	172	1,975	28.56	5.98	$16,729
May 2003	190	4,739	26.59	5.97	$33,357
Apr 2003	160	4,677	26.67	5.41	$29,557
Mar 2003	94	1,447	31.14	6.10	$11,748
Feb 2003	99	2,559	33.48	7.93	$23,597
Jan 2003	61	3,456	30.31	5.58	$21,140
Dec 2002	178	3,186	26.91	4.85	$20,254
Nov 2002	30	1,237	24.66	4.14	$5,857
Oct 2002	153	0	26.46	4.23	$4,048
Sep 2002	269	3,021	27.44	3.64	$18,363
Aug 2002	142	3,391	25.96	3.16	$14,416
Jul 2002	209	2,840	24.58	3.06	$13,833
Jun 2002	136	2,839	23.73	3.34	$12,705
May 2002	139	4,902	24.66	3.58	$20,997
Apr 2002	144	4,766	23.65	3.51	$20,145
Mar 2002	167	5,608	22.00	3.10	$21,074
Feb 2002	187	2,466	18.22	2.38	$9,266
Jan 2002	0	5,880	17.17	2.38	$13,969
Dec 2001	58	5,168	16.93	2.36	$13,201
Nov 2001	78	3,994	18.07	2.41	$11,017
Oct 2001	79	4,020	19.78	2.53	$11,729
Sep 2001	107	7,029	24.26	2.25	$18,420
Aug 2001	0	3,661	24.87	3.05	$11,178
Jul 2001	69	6,311	23.93	3.20	$21,828
Jun 2001	127	2,740	24.56	3.82	$13,597
May 2001	121	2,523	25.52	4.31	$13,955
Apr 2001	100	2,647	24.68	5.34	$16,591
Mar 2001	187	6,023	24.54	5.38	$36,971
Feb 2001	0	4,080	27.75	5.77	$23,530
Jan 2001	0	887	27.47	8.40	$7,450
Dec 2000	191	1,637	26.88	9.12	$20,068
Nov 2000	297	2,902	32.21	5.66	$25,986
Oct 2000	272	479	31.23	5.15	$10,959
Sep 2000	287	2,863	31.87	5.19	$23,996
Aug 2000	467	6,562	29.64	4.54	$43,638
Jul 2000	385	3,395	28.53	4.09	$24,869
Jun 2000	571	4,245	29.30	4.40	$35,397
May 2000	286	2,045	27.26	3.68	$15,321
Apr 2000	98	94	24.51	3.12	$2,695
Mar 2000	172	694	28.42	2.86	$6,873
Feb 2000	113	1,001	27.62	2.73	$5,850
Jan 2000	131	2,273	25.27	2.48	$8,949
Dec 1999	269	1,800	24.28	2.42	$10,894
Nov 1999	223	1,975	23.19	2.43	$9,979
Oct 1999	635	2,886	20.98	2.80	$21,414
Sep 1999	444	6,401	21.75	2.62	$26,420
Aug 1999	1,031	7,784	19.26	2.88	$42,241
Jul 1999	1,143	4,873	17.89	2.37	$32,009
Jun 1999	2,071	3,774	15.94	2.36	$41,926
May 1999	321	1,430	15.79	2.32	$8,388
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	62	0	10.38	1.90	$644
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	52	0	12.42	1.97	$646
Sep 1998	97	166	12.59	2.08	$1,567
Aug 1998	145	458	11.30	1.91	$2,512
Jul 1998	139	804	11.74	2.24	$3,431
Jun 1998	150	583	11.24	2.24	$2,990
May 1998	527	626	12.62	2.21	$8,032
Apr 1998	105	283	13.04	2.51	$2,078
Mar 1998	200	113	12.80	2.31	$2,821
Feb 1998	210	87	13.95	2.30	$3,130
Jan 1998	408	112	14.70	2.15	$6,239
Dec 1997	0	66	16.32	2.41	$159
Nov 1997	248	197	18.19	3.09	$5,120
Oct 1997	236	310	19.25	3.15	$5,519
Sep 1997	101	145	17.74	2.95	$2,220
Aug 1997	339	362	17.86	2.55	$6,979
Jul 1997	193	364	17.58	2.25	$4,211
Jun 1997	676	443	17.24	2.26	$12,654
May 1997	343	59	18.97	2.31	$6,643
Apr 1997	332	1,759	17.88	2.08	$9,600
Mar 1997	420	1,553	18.95	1.94	$10,970
Feb 1997	600	1,192	20.49	2.21	$14,923
Jan 1997	249	691	23.48	3.54	$8,292
Dec 1996	847	695	23.32	—	$19,752
Nov 1996	250	960	21.97	—	$5,493
Oct 1996	496	979	23.31	—	$11,562
Sep 1996	1,046	836	22.22	—	$23,242
Aug 1996	122	1,351	20.26	—	$2,472
Jul 1996	292	1,339	19.55	—	$5,709
Jun 1996	678	1,610	18.73	—	$12,699
May 1996	538	1,292	19.43	—	$10,453
Apr 1996	93	147	21.51	—	$2,000
Mar 1996	643	844	19.38	—	$12,461
Feb 1996	0	1,185	16.98	—	$0
Jan 1996	87	263	17.07	—	$1,485
Dec 1995	192	389	17.19	—	$3,300
Nov 1995	583	191	16.00	—	$9,328
Oct 1995	663	803	15.43	—	$10,230
Sep 1995	792	583	16.18	—	$12,815
Aug 1995	363	791	15.92	—	$5,779
Jul 1995	800	616	15.24	—	$12,192
Jun 1995	549	357	16.41	—	$9,009
May 1995	860	401	17.56	—	$15,102
Apr 1995	381	0	17.73	—	$6,755
Mar 1995	390	466	16.44	—	$6,412
Feb 1995	818	0	16.58	—	$13,562
Jan 1995	129	0	15.92	—	$2,054
Dec 1994	1,262	865	15.03	—	$18,968
Nov 1994	1,010	2,604	15.90	—	$16,059
Oct 1994	292	2,930	15.58	—	$4,549
Sep 1994	283	1,904	15.29	—	$4,327
Aug 1994	57	1,120	16.13	—	$919
Jul 1994	123	1,198	17.56	—	$2,160
Jun 1994	167	1,358	17.09	—	$2,854
May 1994	93	1,439	15.88	—	$1,477
Apr 1994	108	2,389	14.14	—	$1,527
Mar 1994	98	2,693	12.46	—	$1,221
Feb 1994	114	1,869	12.50	—	$1,425
Jan 1994	234	1,718	12.66	—	$2,962
Dec 1993	247	1,679	12.33	—	$3,046
Nov 1993	298	332	14.49	—	$4,318
Oct 1993	226	2,891	15.85	—	$3,582
Sep 1993	273	628	15.03	—	$4,103
Aug 1993	435	561	15.66	—	$6,812
Jul 1993	260	1,269	15.46	—	$4,020
Jun 1993	499	627	16.79	—	$8,378
May 1993	379	971	17.68	—	$6,701
Apr 1993	204	1,375	18.05	—	$3,682
Mar 1993	176	1,190	18.14	—	$3,193
Feb 1993	75	1,573	17.90	—	$1,343
Jan 1993	7	532	16.93	—	$119

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.

Mar 2006 — as filed, then multipliedworked

Oil                   55 bbl  × $ 56.70 =     $3,119
Casinghead gas         0 Mcf  × $  7.08 =         $0

────────────────────────────────────────────────────
Month total                                   $3,119

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. 02/O/7268 is the state's own key, not one this site invented.