J. G. BENAVIDES GAS UNIT

Operated by ENRON OIL & GAS COMPANY (P-5 253196) in the ROLETA (8750) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139528District 04Field 779737252 tax incentive programmesCondensateGasSaveExport
Value, all time
$389
Jan 1993 – Feb 1994
Value, last 12 filed months
$318
at the published price for each month
Months reported
14
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1987-09-30
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: O&G 04-0207009 ALL WELLS CONSOL. INTO ROLETA (WILCOX CONSOLIDATED)

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
High Cost Gas111991-11-30124264
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
CondensateDisposition22 bbl$389
GasProduction11,716 Mcf$0
Total$389

11,716 Mcf of this lease's gas, across 9 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 26.7125, -99.1999. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.71247, -99.19986 · 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
10,111 ft
1 wells filed one
Completion to plug
2.7 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 10,111 ft.

Completions filed
Jun 1991
1 of 1 wells
Plug dates filed
Feb 1994
1 of 1 wells

Last completion to plug: a median of 2.7 years across the 1 well that filed both dates, with the middle half between 2.7 years and 2.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50532784510,111 ftJun 1991Feb 1994Yes

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 (14)

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

14 months

Feb 19940012.50$0
Jan 1994050012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 199301,12215.03$0
Aug 199301,07315.66$0
Jul 199314815.46$15
Jun 1993384416.79$50
May 199341,75617.68$71
Apr 199351,85618.05$90
Mar 199352,33518.14$91
Feb 199342,18217.90$72
Jan 19930016.93$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 1993 — as filed, then multipliedworked
Condensate             1 bbl  × $ 15.46 =        $15
Gas                   48 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                      $15

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/139528 is the state's own key, not one this site invented.