LECHENGER

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the BENAVIDES (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 116086District 04Field 07078475NGPA filingCondensateGasSaveExport
Value, all time
$305 k
Jan 1993 – Oct 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
226
no gaps in the span
Streams
2
condensate, gas

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 247 leases and 247 wells, and the rule below applies to all of them.

Discovered
1998-02-24
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition112 bbl$5,525
GasProduction102,439 Mcf$299,031
Total$304,556

33,949 Mcf of this lease's gas, across 40 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 27.4667, -99.1915. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.46665, -99.19151 · centre of the wells drawn, derived

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
100.0%
1 of 1 wells
Median depth
9,700 ft
1 wells filed one
Completion to plug
26.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 9,700 ft.

Completions filed
Apr 1985
1 of 1 wells
Plug dates filed
Oct 2011
1 of 1 wells

Last completion to plug: a median of 26.5 years across the 1 well that filed both dates, with the middle half between 26.5 years and 26.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793402799,700 ftApr 1985Oct 2011Yes

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 (226)

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

226 months

Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010301974.365.96$2,344
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200909072.544.11$370
Sep 2009015965.543.06$487
Aug 2009035167.423.22$1,130
Jul 2009030861.133.46$1,067
Jun 2009049866.163.90$1,940
May 2009011554.743.93$451
Apr 2009017146.773.59$613
Mar 2009021742.144.06$881
Feb 2009054132.814.63$2,506
Jan 20090335.865.37$16
Dec 20080937.105.98$54
Nov 2008016755.496.86$1,146
Oct 200807475.246.92$512
Sep 20080202101.767.88$1,591
Aug 2008061114.228.48$517
Jul 2008045131.0811.39$513
Jun 20080177131.3313.03$2,307
May 2008088123.1711.57$1,019
Apr 20080166110.3110.45$1,736
Mar 20080187101.909.66$1,807
Feb 2008013692.538.77$1,193
Jan 2008035790.388.21$2,929
Dec 2007081688.337.30$5,958
Nov 2007062991.677.29$4,586
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20073446270.906.39$5,362
Jun 2007068962.007.55$5,201
May 2007074758.747.85$5,861
Apr 2007099859.617.81$7,790
Mar 2007055856.927.30$4,075
Feb 2007059055.108.22$4,847
Jan 2007058450.306.73$3,928
Dec 2006025956.656.92$1,792
Nov 2006013254.207.62$1,006
Oct 200601,13154.906.01$6,802
Sep 200601,08160.085.04$5,445
Aug 2006094968.717.34$6,966
Jul 200604669.376.34$292
Jun 200608166.286.38$517
May 200603666.016.42$231
Apr 200605164.397.36$375
Mar 200605456.707.08$382
Feb 2006012057.597.75$930
Jan 2006010760.598.93$956
Dec 200506454.9413.42$859
Nov 200507054.6910.59$741
Oct 2005048458.3413.80$6,677
Sep 2005089661.4512.08$10,823
Aug 200503461.519.80$333
Jul 200505855.697.84$455
Jun 200504852.337.38$354
May 200505945.226.65$392
Apr 200506449.207.36$471
Mar 2005011750.377.15$837
Feb 2005010045.226.31$631
Jan 2005040743.166.32$2,573
Dec 2004042939.866.75$2,896
Nov 2004030745.286.33$1,943
Oct 2004029649.706.52$1,928
Sep 200409043.245.28$476
Aug 2004025342.375.55$1,404
Jul 200403338.286.08$201
Jun 200406436.106.43$412
May 200409537.486.49$617
Apr 200404634.475.86$269
Mar 2004010034.365.53$553
Feb 200403032.455.51$165
Jan 200407832.036.30$491
Dec 2003010430.266.30$655
Nov 200303428.804.60$156
Oct 2003010528.174.76$500
Sep 2003026226.314.75$1,244
Aug 2003012129.765.13$621
Jul 2003015229.415.17$786
Jun 2003015428.565.98$921
May 2003024626.595.97$1,469
Apr 2003028926.675.41$1,563
Mar 200306931.146.10$421
Feb 2003030333.487.93$2,402
Jan 2003046730.315.58$2,607
Dec 2002046126.914.85$2,238
Nov 2002049124.664.14$2,031
Oct 2002067126.464.23$2,838
Sep 2002057127.443.64$2,076
Aug 2002089625.963.16$2,835
Jul 2002096124.583.06$2,942
Jun 2002039923.733.34$1,332
May 2002059624.663.58$2,136
Apr 2002057923.653.51$2,034
Mar 2002039022.003.10$1,210
Feb 2002047318.222.38$1,124
Jan 2002056717.172.38$1,347
Dec 2001040916.932.36$967
Nov 2001042518.072.41$1,022
Oct 2001058719.782.53$1,484
Sep 2001058124.262.25$1,308
Aug 2001035124.873.05$1,072
Jul 2001054623.933.20$1,746
Jun 2001020924.563.82$799
May 2001010625.524.31$457
Apr 2001023524.685.34$1,254
Mar 200101,00024.545.38$5,376
Feb 2001036727.755.77$2,117
Jan 200101,65927.478.40$13,934
Dec 200009326.889.12$848
Nov 200001,38232.215.66$7,819
Oct 200001,62131.235.15$8,341
Sep 2000038631.875.19$2,002
Aug 2000097429.644.54$4,423
Jul 2000062628.534.09$2,560
Jun 200001,48229.304.40$6,517
May 200002,28427.263.68$8,405
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000010827.622.73$294
Jan 200001,25225.272.48$3,106
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999033115.102.21$731
Mar 1999075312.471.84$1,384
Feb 199902359.981.82$427
Jan 1999057810.381.90$1,098
Dec 199807549.201.77$1,337
Nov 1998085010.892.19$1,858
Oct 199801,80912.421.97$3,562
Sep 19980012.592.08$0
Aug 199801,86311.301.91$3,553
Jul 199801,19711.742.24$2,678
Jun 199801,13211.242.24$2,533
May 199801,13212.622.21$2,498
Apr 199801,36213.042.51$3,412
Mar 199802,44212.802.31$5,640
Feb 199801,42113.952.30$3,267
Jan 199802,28014.702.15$4,913
Dec 1997035216.322.41$849
Nov 1997054118.193.09$1,671
Oct 1997054719.253.15$1,723
Sep 1997024417.742.95$721
Aug 1997023317.862.55$595
Jul 1997058917.582.25$1,323
Jun 1997064317.242.26$1,451
May 199732,67518.972.31$6,232
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 199622020.26$446
Jul 19964019.55$78
Jun 19960018.73$0
May 19960019.43$0
Apr 199606121.51$0
Mar 1996058419.38$0
Feb 1996347316.98$51
Jan 1996074617.07$0
Dec 1995089917.19$0
Nov 1995092416.00$0
Oct 1995359715.43$46
Sep 1995068916.18$0
Aug 199511,19915.92$16
Jul 199501,02715.24$0
Jun 1995099316.41$0
May 199511,29617.56$18
Apr 199501,06417.73$0
Mar 199531,39316.44$49
Feb 199501,09316.58$0
Jan 1995475715.92$64
Dec 1994069515.03$0
Nov 1994144815.90$16
Oct 1994052415.58$0
Sep 1994289115.29$31
Aug 1994070216.13$0
Jul 1994075317.56$0
Jun 1994079817.09$0
May 1994097315.88$0
Apr 1994085314.14$0
Mar 1994177912.46$12
Feb 1994057712.50$0
Jan 1994079312.66$0
Dec 199301,28112.33$0
Nov 1993084114.49$0
Oct 1993074815.85$0
Sep 1993076515.03$0
Aug 1993058815.66$0
Jul 1993072115.46$0
Jun 1993097316.79$0
May 199301,09917.68$0
Apr 199301,07318.05$0
Mar 199301,23618.14$0
Feb 199301,02217.90$0
Jan 199301,02116.93$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.

Jan 2010 — as filed, then multipliedworked
Condensate            30 bbl  × $ 74.36 =     $2,231
Gas                   19 Mcf  × $  5.96 =       $113

────────────────────────────────────────────────────
Month total                                   $2,344

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. 04/G/116086 is the state's own key, not one this site invented.