BENAVIDES, ROSA V. "C"

Operated by CONOCO INC. (P-5 172230) in the CONTRARY (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 127286District 04Field 20265500NGPA filingCondensateGasSaveExport
Value, all time
$77 k
Jan 1993 – Oct 1997
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
58
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1980-11-13
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: THE BENAVIDES (LOBO CONS.).

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
CondensateDisposition4,361 bbl$71,598
GasProduction156,397 Mcf$4,962
Total$76,560

154,374 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 27.5702, -99.1779. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.57019, -99.17787 · 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
9,200 ft
1 wells filed one
Completion to plug
15 months
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 9,200 ft.

Completions filed
Jul 1996
1 of 1 wells
Plug dates filed
Oct 1997
1 of 1 wells

Last completion to plug: a median of 15 months across the 1 well that filed both dates, with the middle half between 15 months and 15 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47934422349,200 ftJul 1996Oct 1997Yes

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 (58)

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

58 months

Oct 19970019.253.15$0
Sep 19970917.742.95$27
Aug 1997016717.862.55$427
Jul 1997026117.582.25$586
Jun 19979219517.242.26$2,026
May 1997015318.972.31$353
Apr 1997020017.882.08$417
Mar 1997028118.951.94$545
Feb 1997038420.492.21$847
Jan 1997037323.483.54$1,320
Dec 1996030023.32$0
Nov 1996023721.97$0
Oct 1996040223.31$0
Sep 1996036422.22$0
Aug 1996046220.26$0
Jul 1996043619.55$0
Jun 1996042318.73$0
May 199601219.43$0
Apr 1996034321.51$0
Mar 1996075919.38$0
Feb 1996075716.98$0
Jan 1996078217.07$0
Dec 1995044017.19$0
Nov 199508816.00$0
Oct 1995046715.43$0
Sep 1995040816.18$0
Aug 199501,10915.92$0
Jul 199501,10915.24$0
Jun 1995083916.41$0
May 1995054817.56$0
Apr 1995043717.73$0
Mar 1995022716.44$0
Feb 1995032616.58$0
Jan 199506315.92$0
Dec 1994077315.03$0
Nov 1994029515.90$0
Oct 1994063015.58$0
Sep 1994060615.29$0
Aug 1994022916.13$0
Jul 199431,12417.56$53
Jun 199438,24717.09$51
May 199459,89715.88$79
Apr 1994077714.14$0
Mar 1994069012.46$0
Feb 1994352,96412.50$438
Jan 199441113,37412.66$5,203
Dec 19931202,78112.33$1,480
Nov 19933629,99814.49$5,245
Oct 199335813,16515.85$5,674
Sep 1993552,01715.03$827
Aug 19933739015.66$579
Jul 19932817,10915.46$4,344
Jun 199343811,88816.79$7,354
May 199356911,84217.68$10,060
Apr 199354712,74018.05$9,873
Mar 199363916,62218.14$11,591
Feb 19932957,83317.90$5,281
Jan 19931117,04516.93$1,879

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.

Sep 1997 — as filed, then multipliedworked
Condensate             0 bbl  × $ 17.74 =         $0
Gas                    9 Mcf  × $  2.95 =        $27

────────────────────────────────────────────────────
Month total                                      $27

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/127286 is the state's own key, not one this site invented.