BENAVIDES, CARLOS-B

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the PICOSO (CARRIZO 7800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 116973District 04Field 71385100CondensateGasSaveExport
Value, all time
$166 k
Jan 1993 – Jun 2017
Value, last 12 filed months
$192
at the published price for each month
Months reported
294
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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
1984-01-22
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOC. FORM. SUSP. ADMIN. EFF 6-1-93.

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
CondensateDisposition242 bbl$8,115
GasProduction40,648 Mcf$157,403
Total$165,518

9,087 Mcf of this lease's gas, across 46 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 27.5263, -98.9394. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.52631, -98.93941 · 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
8,775 ft
1 wells filed one
Completion to plug
31.2 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 8,775 ft.

Completions filed
Jun 1985
1 of 1 wells
Plug dates filed
Aug 2016
1 of 1 wells

Last completion to plug: a median of 31.2 years across the 1 well that filed both dates, with the middle half between 31.2 years and 31.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793393648,775 ftJun 1985Aug 2016Yes

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 (294)

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

294 months

Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20174047.933.21$192
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 201502943.433.10$90
Dec 201405454.693.59$194
Nov 201403670.464.25$153
Oct 201404578.303.90$176
Sep 201405886.164.05$235
Aug 201405289.394.04$210
Jul 201404396.564.18$180
Jun 201406798.164.74$317
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140397.406.19$19
Jan 20140390.404.86$15
Dec 201301491.824.35$61
Nov 2013012588.853.74$467
Oct 201305797.423.78$215
Sep 2013078104.113.72$290
Aug 20131367104.253.52$1,591
Jul 2013041102.523.72$152
Jun 201307894.403.93$307
May 2013010894.834.15$448
Apr 201309993.964.28$424
Mar 201309593.623.91$372
Feb 201308191.233.42$277
Jan 201307691.603.42$260
Dec 2012010186.773.42$345
Nov 201207686.953.62$276
Oct 201206989.383.40$235
Sep 2012010694.672.92$309
Aug 201209892.662.91$285
Jul 201207485.133.02$224
Jun 201205979.822.52$149
May 201206991.612.49$172
Apr 2012061101.652.00$122
Mar 2012047105.052.22$104
Feb 2012052101.102.57$134
Jan 201206898.092.73$186
Dec 201104996.873.24$159
Nov 201107795.723.31$255
Oct 201108484.983.65$306
Sep 201107683.623.99$303
Aug 2011012083.404.15$498
Jul 201109394.144.52$420
Jun 20111310392.904.64$1,686
May 2011012198.134.40$533
Apr 2011097105.964.33$420
Mar 201107896.364.06$316
Feb 201103185.644.18$130
Jan 201106686.504.59$303
Dec 2010010785.734.35$465
Nov 201006780.843.80$254
Oct 201008578.103.51$298
Sep 201007972.633.98$314
Aug 201009873.684.42$433
Jul 201009372.554.74$440
Jun 2010011270.364.91$550
May 2010012371.124.24$521
Apr 201007081.694.12$289
Mar 201008978.394.39$391
Feb 201006673.585.44$359
Jan 20100274.365.96$12
Dec 20091010171.445.48$1,268
Nov 2009011874.593.75$443
Oct 2009013272.544.11$543
Sep 2009018265.543.06$558
Aug 2009014767.423.22$473
Jul 2009011961.133.46$412
Jun 2009013866.163.90$538
May 2009010054.743.93$393
Apr 2009610646.773.59$661
Mar 200906142.144.06$248
Feb 200907032.814.63$324
Jan 2009013935.865.37$747
Dec 20080437.105.98$24
Nov 200809155.496.86$624
Oct 2008026775.246.92$1,848
Sep 2008074101.767.88$583
Aug 20080104114.228.48$882
Jul 2008692131.0811.39$1,834
Jun 20080111131.3313.03$1,447
May 20080282123.1711.57$3,264
Apr 20080220110.3110.45$2,300
Mar 20080197101.909.66$1,904
Feb 200807492.538.77$649
Jan 2008015790.388.21$1,288
Dec 2007028788.337.30$2,096
Nov 2007020391.677.29$1,480
Oct 2007019682.856.92$1,357
Sep 2007011375.846.24$706
Aug 200706969.066.39$441
Jul 2007015170.906.39$965
Jun 200708362.007.55$627
May 200708158.747.85$636
Apr 200708559.617.81$663
Mar 200709056.927.30$657
Feb 2007011355.108.22$928
Jan 2007014550.306.73$975
Dec 2006017256.656.92$1,190
Nov 2006014954.207.62$1,135
Oct 2006016354.906.01$980
Sep 2006618060.085.04$1,267
Aug 2006022768.717.34$1,666
Jul 2006022269.376.34$1,408
Jun 2006023766.286.38$1,513
May 2006024266.016.42$1,555
Apr 2006023664.397.36$1,737
Mar 2006020556.707.08$1,452
Feb 2006317057.597.75$1,490
Jan 2006020960.598.93$1,867
Dec 2005015754.9413.42$2,106
Nov 2005025754.6910.59$2,721
Oct 2005024558.3413.80$3,380
Sep 2005027061.4512.08$3,261
Aug 2005030561.519.80$2,988
Jul 2005026055.697.84$2,039
Jun 2005025252.337.38$1,860
May 2005028645.226.65$1,902
Apr 2005021849.207.36$1,605
Mar 2005016650.377.15$1,188
Feb 2005115845.226.31$1,043
Jan 2005018443.166.32$1,163
Dec 2004020739.866.75$1,397
Nov 2004023245.286.33$1,469
Oct 2004021949.706.52$1,427
Sep 2004213243.245.28$784
Aug 200407642.375.55$422
Jul 200404938.286.08$298
Jun 200403236.106.43$206
May 20040337.486.49$19
Apr 20040034.475.86$0
Mar 200402334.365.53$127
Feb 200401332.455.51$72
Jan 2004010632.036.30$668
Dec 20031830.266.30$81
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 200309626.314.75$456
Aug 2003011529.765.13$590
Jul 2003019529.415.17$1,008
Jun 2003020628.565.98$1,232
May 2003022426.595.97$1,338
Apr 2003014926.675.41$806
Mar 200309931.146.10$604
Feb 2003022833.487.93$1,807
Jan 2003020630.315.58$1,150
Dec 2002023326.914.85$1,131
Nov 2002017224.664.14$712
Oct 2002023926.464.23$1,011
Sep 2002016627.443.64$603
Aug 2002011125.963.16$351
Jul 2002020324.583.06$622
Jun 2002015223.733.34$507
May 2002018124.663.58$649
Apr 2002017323.653.51$608
Mar 2002023322.003.10$723
Feb 2002030918.222.38$734
Jan 2002040217.172.38$955
Dec 2001028816.932.36$681
Nov 2001035318.072.41$849
Oct 2001024119.782.53$609
Sep 2001024524.262.25$552
Aug 2001129424.873.05$923
Jul 2001035823.933.20$1,145
Jun 2001025924.563.82$990
May 2001030425.524.31$1,309
Apr 2001034224.685.34$1,825
Mar 2001030024.545.38$1,613
Feb 2001140227.755.77$2,346
Jan 2001027427.478.40$2,301
Dec 2000023626.889.12$2,153
Nov 2000036832.215.66$2,082
Oct 2000027231.235.15$1,400
Sep 2000015831.875.19$819
Aug 2000021229.644.54$963
Jul 2000016428.534.09$671
Jun 2000029829.304.40$1,310
May 2000038827.263.68$1,428
Apr 2000032624.513.12$1,016
Mar 2000229228.422.86$892
Feb 2000036927.622.73$1,006
Jan 2000031225.272.48$774
Dec 1999033024.282.42$800
Nov 1999028623.192.43$696
Oct 1999027720.982.80$777
Sep 1999036121.752.62$945
Aug 1999024919.262.88$716
Jul 1999323017.892.37$599
Jun 1999024015.942.36$567
May 199908215.792.32$190
Apr 199909415.102.21$208
Mar 1999011912.471.84$219
Feb 199902399.981.82$434
Jan 1999016610.381.90$315
Dec 199811429.201.77$261
Nov 199804710.892.19$103
Oct 1998010712.421.97$211
Sep 1998012612.592.08$262
Aug 1998125911.301.91$505
Jul 1998020011.742.24$447
Jun 199805011.242.24$112
May 1998012712.622.21$280
Apr 199806313.042.51$158
Mar 199815012.802.31$128
Feb 199807013.952.30$161
Jan 199803614.702.15$78
Dec 199705316.322.41$128
Nov 199706618.193.09$204
Oct 1997110119.253.15$337
Sep 199708117.742.95$239
Aug 199707817.862.55$199
Jul 1997010317.582.25$231
Jun 1997016317.242.26$368
May 199709418.972.31$217
Apr 1997114317.882.08$316
Mar 1997015118.951.94$293
Feb 1997215420.492.21$381
Jan 1997013023.483.54$460
Dec 199617823.32$23
Nov 199609021.97$0
Oct 1996012023.31$0
Sep 1996011322.22$0
Aug 199603120.26$0
Jul 199611519.55$20
Jun 199611918.73$19
May 199601419.43$0
Apr 19961021.51$22
Mar 19960019.38$0
Feb 1996012116.98$0
Jan 1996019917.07$0
Dec 1995024217.19$0
Nov 1995119216.00$16
Oct 1995025515.43$0
Sep 1995013916.18$0
Aug 199519715.92$16
Jul 1995015215.24$0
Jun 1995010316.41$0
May 199501917.56$0
Apr 1995154017.73$266
Mar 199503016.44$0
Feb 1995164216.58$265
Jan 199568515.92$96
Dec 19942011115.03$301
Nov 1994012315.90$0
Oct 1994024415.58$0
Sep 19942215615.29$336
Aug 1994014416.13$0
Jul 1994017417.56$0
Jun 1994019217.09$0
May 19942715015.88$429
Apr 1994020914.14$0
Mar 19941121812.46$137
Feb 1994515512.50$63
Jan 1994020912.66$0
Dec 1993024512.33$0
Nov 1993019714.49$0
Oct 199302215.85$0
Sep 1993023315.03$0
Aug 1993032315.66$0
Jul 1993024215.46$0
Jun 19932217516.79$369
May 1993032817.68$0
Apr 1993030218.05$0
Mar 199301,86318.14$0
Feb 19931376217.90$233
Jan 1993011416.93$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.

Apr 2017 — as filed, then multipliedworked
Condensate             4 bbl  × $ 47.93 =       $192
Gas                    0 Mcf  × $  3.21 =         $0

────────────────────────────────────────────────────
Month total                                     $192

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/116973 is the state's own key, not one this site invented.