BENAVIDES, R.V.

Operated by NORTH CENTRAL OIL CORP. (P-5 613760) in the VOLZ (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118699District 04Field 94095500NGPA filingCondensateGasSaveExport
Value, all time
$144 k
Jan 1993 – Sep 2000
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
93
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 25 leases and 25 wells, and the rule below applies to all of them.

Discovered
1982-11-09
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 4-1-93.

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
CondensateDisposition742 bbl$11,964
GasProduction270,732 Mcf$132,112
Total$144,076

215,844 Mcf of this lease's gas, across 48 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 27.3803, -99.4695. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.38029, -99.46954 · 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
7,500 ft
1 wells filed one
Completion to plug
14.8 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 7,500 ft.

Completions filed
Oct 1985
1 of 1 wells
Plug dates filed
Jul 2000
1 of 1 wells

Last completion to plug: a median of 14.8 years across the 1 well that filed both dates, with the middle half between 14.8 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793411387,500 ftOct 1985Jul 2000Yes

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 (93)

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

93 months

Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 200017028.534.09$485
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000011224.513.12$349
Mar 2000015828.422.86$452
Feb 2000024827.622.73$676
Jan 2000028125.272.48$697
Dec 1999032324.282.42$783
Nov 1999011123.192.43$270
Oct 1999923920.982.80$2,040
Sep 1999013621.752.62$356
Aug 1999017619.262.88$506
Jul 1999072917.892.37$1,729
Jun 1999022715.942.36$536
May 1999030015.792.32$696
Apr 1999023815.102.21$526
Mar 1999064112.471.84$1,178
Feb 199906619.981.82$1,202
Jan 1999056510.381.90$1,073
Dec 199804619.201.77$818
Nov 1998093610.892.19$2,046
Oct 199801,05712.421.97$2,081
Sep 199801,49012.592.08$3,103
Aug 199801,45211.301.91$2,769
Jul 199801,50511.742.24$3,367
Jun 199801,32511.242.24$2,964
May 199801,33312.622.21$2,941
Apr 199801,56013.042.51$3,908
Mar 199801,94212.802.31$4,485
Feb 199801,39713.952.30$3,212
Jan 199801,95514.702.15$4,213
Dec 199701,91016.322.41$4,605
Nov 199701,98518.193.09$6,130
Oct 199702,12619.253.15$6,697
Sep 199712,24617.742.95$6,654
Aug 199702,71717.862.55$6,941
Jul 199703,14217.582.25$7,060
Jun 1997113,14217.242.26$7,282
May 199703,10318.972.31$7,163
Apr 199713,52517.882.08$7,360
Mar 199723,23018.951.94$6,301
Feb 199712,64920.492.21$5,864
Jan 199703,75523.483.54$13,292
Dec 199612,85423.32$23
Nov 199602,64021.97$0
Oct 199601,66123.31$0
Sep 199601,84122.22$0
Aug 199602,27720.26$0
Jul 199602,46219.55$0
Jun 199622,21418.73$37
May 199602,37719.43$0
Apr 199602,92921.51$0
Mar 199602,24819.38$0
Feb 199682,78616.98$136
Jan 1996492,92917.07$836
Dec 199502,67317.19$0
Nov 199553,33016.00$80
Oct 199533,27515.43$46
Sep 199502,46116.18$0
Aug 199523,25215.92$32
Jul 199503,13915.24$0
Jun 199503,96316.41$0
May 199503,80317.56$0
Apr 199504,13617.73$0
Mar 199504,01516.44$0
Feb 199504,11416.58$0
Jan 199505,15515.92$0
Dec 1994555,22615.03$827
Nov 199415,51315.90$16
Oct 199405,88715.58$0
Sep 199405,19615.29$0
Aug 1994636,81516.13$1,016
Jul 199402,71017.56$0
Jun 199406,71217.09$0
May 199424,96815.88$32
Apr 199414,74614.14$14
Mar 1994445,43312.46$548
Feb 199455,29412.50$63
Jan 19941486,22112.66$1,874
Dec 199305,32912.33$0
Nov 199305,61614.49$0
Oct 199306,27815.85$0
Sep 199325,69715.03$30
Aug 199316,13315.66$16
Jul 19931656,92115.46$2,551
Jun 199307,01616.79$0
May 199307,40917.68$0
Apr 199316,19518.05$18
Mar 1993597,49918.14$1,070
Feb 199306,75317.90$0
Jan 199307,74316.93$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.

Jul 2000 — as filed, then multipliedworked
Condensate            17 bbl  × $ 28.53 =       $485
Gas                    0 Mcf  × $  4.09 =         $0

────────────────────────────────────────────────────
Month total                                     $485

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/118699 is the state's own key, not one this site invented.