BENAVIDES, B.R.

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the CISCO-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 127271District 04Field 18296225NGPA filingCondensateGasSaveExport
Value, all time
$1.9 M
Jan 1993 – Aug 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
236
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 264 leases and 264 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2009-06-18.

The Commission's schedule remark for this field reads: SUSPENDED. OPERATORS ARE REQUIRED TO PERFORM ANNUAL G-10 TESTS.

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
CondensateDisposition15 bbl$249
GasProduction854,910 Mcf$1,861,721
Total$1,861,970

104,826 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 27.0715, -99.3421. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.07152, -99.34212 · 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
10,500 ft
1 wells filed one
Completion to plug
24.3 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 10,500 ft.

Completions filed
Apr 1988
1 of 1 wells
Plug dates filed
Aug 2012
1 of 1 wells

Last completion to plug: a median of 24.3 years across the 1 well that filed both dates, with the middle half between 24.3 years and 24.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-505324091110,500 ftApr 1988Aug 2012Yes

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 (236)

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

236 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
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 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001017723.933.20$566
Jun 2001018624.563.82$711
May 2001022425.524.31$965
Apr 2001021124.685.34$1,126
Mar 2001033124.545.38$1,780
Feb 2001035627.755.77$2,053
Jan 2001037827.478.40$3,175
Dec 2000053426.889.12$4,871
Nov 2000055432.215.66$3,135
Oct 2000048831.235.15$2,511
Sep 2000028331.875.19$1,468
Aug 2000024329.644.54$1,103
Jul 200006,62628.534.09$27,099
Jun 2000010,39629.304.40$45,714
May 2000011,29327.263.68$41,555
Apr 2000011,00324.513.12$34,285
Mar 2000012,46228.422.86$35,638
Feb 2000012,45427.622.73$33,956
Jan 2000013,90125.272.48$34,481
Dec 1999013,80224.282.42$33,452
Nov 1999013,69223.192.43$33,326
Oct 1999014,51920.982.80$40,707
Sep 1999014,29321.752.62$37,431
Aug 1999014,93119.262.88$42,936
Jul 1999015,32817.892.37$36,364
Jun 1999014,01915.942.36$33,114
May 1999015,59415.792.32$36,194
Apr 1999014,79915.102.21$32,677
Mar 1999015,07612.471.84$27,715
Feb 1999012,0249.981.82$21,857
Jan 1999015,67710.381.90$29,786
Dec 1998015,9189.201.77$28,228
Nov 1998015,67810.892.19$34,268
Oct 1998516,57112.421.97$32,694
Sep 1998016,21712.592.08$33,774
Aug 1998117,05411.301.91$32,539
Jul 1998017,23811.742.24$38,566
Jun 1998017,37411.242.24$38,870
May 1998016,61512.622.21$36,658
Apr 1998017,17413.042.51$43,027
Mar 1998018,16512.802.31$41,951
Feb 1998017,60413.952.30$40,474
Jan 1998020,28614.702.15$43,712
Dec 1997020,35316.322.41$49,073
Nov 1997020,66118.193.09$63,807
Oct 1997018,31719.253.15$57,695
Sep 1997022,16017.742.95$65,480
Aug 1997023,29217.862.55$59,505
Jul 1997024,46417.582.25$54,969
Jun 1997123,94517.242.26$54,066
May 1997025,79018.972.31$59,536
Apr 1997125,38017.882.08$52,879
Mar 1997127,45218.951.94$53,252
Feb 1997226,23820.492.21$57,919
Jan 1997030,28423.483.54$107,196
Dec 1996032,97923.32$0
Nov 1996138,46621.97$22
Oct 1996123,42223.31$23
Sep 19960722.22$0
Aug 19960920.26$0
Jul 199602119.55$0
Jun 19960918.73$0
May 199602719.43$0
Apr 19960621.51$0
Mar 199605619.38$0
Feb 199604216.98$0
Jan 199608217.07$0
Dec 1995118517.19$17
Nov 1995021016.00$0
Oct 1995021615.43$0
Sep 1995020516.18$0
Aug 1995019615.92$0
Jul 1995025415.24$0
Jun 1995016316.41$0
May 199504817.56$0
Apr 1995014517.73$0
Mar 1995014816.44$0
Feb 1995013116.58$0
Jan 1995016815.92$0
Dec 1994014915.03$0
Nov 1994014215.90$0
Oct 1994017315.58$0
Sep 1994016615.29$0
Aug 1994019316.13$0
Jul 1994020317.56$0
Jun 1994020417.09$0
May 1994025415.88$0
Apr 1994034114.14$0
Mar 1994033012.46$0
Feb 1994034412.50$0
Jan 1994045012.66$0
Dec 1993034712.33$0
Nov 1993029914.49$0
Oct 1993037815.85$0
Sep 1993037615.03$0
Aug 1993036915.66$0
Jul 1993040815.46$0
Jun 1993039016.79$0
May 1993039717.68$0
Apr 1993038318.05$0
Mar 1993144018.14$18
Feb 1993040617.90$0
Jan 1993048916.93$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 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 23.93 =         $0
Gas                  177 Mcf  × $  3.20 =       $566

────────────────────────────────────────────────────
Month total                                     $566

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/127271 is the state's own key, not one this site invented.