BENAVIDES, B.R. "A"

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

Gas lease lease 130339District 04Field 46216403NGPA filingCondensateGasSaveExport
Value, all time
$498 k
Jan 1993 – Jun 2002
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
114
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 246 leases and 246 wells, and the rule below applies to all of them.

Discovered
1998-09-22
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
CondensateDisposition35 bbl$601
GasProduction414,101 Mcf$497,591
Total$498,192

242,460 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 27.1912, -99.2101. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.19120, -99.21007 · 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
13,000 ft
1 wells filed one
Completion to plug
13.3 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 13,000 ft.

Completions filed
Feb 1989
1 of 1 wells
Plug dates filed
Jun 2002
1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50532481113,000 ftFeb 1989Jun 2002Yes

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 (114)

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

114 months

Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002016523.653.51$580
Mar 2002027822.003.10$863
Feb 2002033218.222.38$789
Jan 200207917.172.38$188
Dec 2001019216.932.36$454
Nov 2001011918.072.41$286
Oct 2001058719.782.53$1,484
Sep 2001051224.262.25$1,153
Aug 2001055724.873.05$1,701
Jul 2001071323.933.20$2,280
Jun 2001015424.563.82$589
May 2001018025.524.31$775
Apr 2001066524.685.34$3,548
Mar 2001038424.545.38$2,065
Feb 2001092427.755.77$5,329
Jan 200102,63227.478.40$22,106
Dec 200002,82426.889.12$25,762
Nov 200002,92532.215.66$16,550
Oct 200002,71731.235.15$13,980
Sep 200003,01931.875.19$15,658
Aug 200002,98029.644.54$13,531
Jul 200003,25428.534.09$13,308
Jun 200002,24129.304.40$9,854
May 200003,17327.263.68$11,676
Apr 200003,62224.513.12$11,286
Mar 200003,08128.422.86$8,811
Feb 200002,42427.622.73$6,609
Jan 200003,49525.272.48$8,669
Dec 199903,74024.282.42$9,065
Nov 199903,33223.192.43$8,110
Oct 199903,37120.982.80$9,451
Sep 199903,31221.752.62$8,674
Aug 199903,41319.262.88$9,814
Jul 199903,72317.892.37$8,832
Jun 199903,47715.942.36$8,213
May 199903,54715.792.32$8,233
Apr 199903,61715.102.21$7,987
Mar 199903,73412.471.84$6,864
Feb 199903,4629.981.82$6,293
Jan 199904,09710.381.90$7,784
Dec 199804,2369.201.77$7,512
Nov 199804,04510.892.19$8,841
Oct 199804,11612.421.97$8,105
Sep 199803,95712.592.08$8,241
Aug 199803,18411.301.91$6,073
Jul 199803,07011.742.24$6,868
Jun 199803,66311.242.24$8,195
May 199803,87812.622.21$8,556
Apr 199803,25013.042.51$8,142
Mar 199803,68812.802.31$8,517
Feb 199803,07913.952.30$7,079
Jan 199803,43714.702.15$7,406
Dec 199703,85116.322.41$9,285
Nov 199703,56918.193.09$11,022
Oct 199702,43219.253.15$7,660
Sep 199703,32017.742.95$9,810
Aug 199703,44717.862.55$8,806
Jul 199703,40217.582.25$7,644
Jun 199703,45917.242.26$7,808
May 199703,31218.972.31$7,646
Apr 199703,24617.882.08$6,761
Mar 199713,44818.951.94$6,705
Feb 199703,61420.492.21$7,972
Jan 199743,88523.483.54$13,846
Dec 199603,73323.32$0
Nov 199603,64121.97$0
Oct 199604,07023.31$0
Sep 199604,86322.22$0
Aug 199604,05320.26$0
Jul 199604,18919.55$0
Jun 199604,16918.73$0
May 199604,26019.43$0
Apr 199604,40221.51$0
Mar 199614,66919.38$19
Feb 1996174,14516.98$289
Jan 199604,93217.07$0
Dec 199504,59317.19$0
Nov 199504,57416.00$0
Oct 199503,66815.43$0
Sep 199503,12716.18$0
Aug 199503,55115.92$0
Jul 199503,60115.24$0
Jun 199504,35016.41$0
May 199504,51717.56$0
Apr 199535,08517.73$53
Mar 199515,33716.44$16
Feb 199504,30216.58$0
Jan 199504,50015.92$0
Dec 199403,17815.03$0
Nov 199403,24315.90$0
Oct 199403,76015.58$0
Sep 199404,26815.29$0
Aug 199404,84516.13$0
Jul 199404,48017.56$0
Jun 199404,62117.09$0
May 199406,57515.88$0
Apr 199406,69514.14$0
Mar 1994012,29512.46$0
Feb 199457,83512.50$63
Jan 199407,86312.66$0
Dec 199315,42512.33$12
Nov 199306,96414.49$0
Oct 199306,72515.85$0
Sep 199306,85615.03$0
Aug 199304,06515.66$0
Jul 199305,52615.46$0
Jun 199305,45716.79$0
May 199305,92917.68$0
Apr 199305,77818.05$0
Mar 199306,83618.14$0
Feb 199325,17317.90$36
Jan 199305,73716.93$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 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 23.65 =         $0
Gas                  165 Mcf  × $  3.51 =       $580

────────────────────────────────────────────────────
Month total                                     $580

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/130339 is the state's own key, not one this site invented.