BENAVIDES, CARLOS

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the PICOSO (CARRIZO 7800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 146501District 04Field 71385100CondensateGasSaveExport
Value, all time
$79 k
Jul 1993 – May 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
263
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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
1984-01-22
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 6-1-93.

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
CondensateDisposition347 bbl$8,964
GasProduction117,695 Mcf$70,485
Total$79,449

99,953 Mcf of this lease's gas, across 42 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 27.5429, -98.9305. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.54289, -98.93047 · 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
14,000 ft
1 wells filed one
Completion to plug
21.8 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 14,000 ft.

Completions filed
Aug 1993
1 of 1 wells
Plug dates filed
May 2015
1 of 1 wells

Last completion to plug: a median of 21.8 years across the 1 well that filed both dates, with the middle half between 21.8 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47933113114,000 ftAug 1993May 2015Yes

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 (263)

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

263 months

May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201370104.253.52$730
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201201489.383.40$48
Sep 201202094.672.92$58
Aug 20120092.662.91$0
Jul 20120885.133.02$24
Jun 20120079.822.52$0
May 201203091.612.49$75
Apr 2012034101.652.00$68
Mar 2012019105.052.22$42
Feb 2012026101.102.57$67
Jan 201204198.092.73$112
Dec 201102296.873.24$71
Nov 201103295.723.31$106
Oct 201102084.983.65$73
Sep 201102483.623.99$96
Aug 201105983.404.15$245
Jul 201104894.144.52$217
Jun 201178292.904.64$1,031
May 2011014798.134.40$648
Apr 20110118105.964.33$511
Mar 201109896.364.06$398
Feb 20110785.644.18$29
Jan 201102086.504.59$92
Dec 201003285.734.35$139
Nov 201004480.843.80$167
Oct 201005478.103.51$189
Sep 201006172.633.98$243
Aug 201008673.684.42$380
Jul 2010010272.554.74$483
Jun 201007270.364.91$354
May 201004671.124.24$195
Apr 201002181.694.12$87
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100874.365.96$48
Dec 20090571.445.48$27
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 20091046.773.59$47
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 2008020131.0811.39$228
Jun 2008066131.3313.03$860
May 200811123.1711.57$135
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070888.337.30$58
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200709169.066.39$581
Jul 2007012570.906.39$798
Jun 2007014362.007.55$1,079
May 20070258.747.85$16
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200607756.656.92$533
Nov 200609254.207.62$701
Oct 200604954.906.01$295
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 20046042.375.55$254
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20047034.365.53$241
Feb 2004014232.455.51$782
Jan 2004041632.036.30$2,621
Dec 20031112530.266.30$1,121
Nov 20030028.804.60$0
Oct 2003015128.174.76$719
Sep 20031127026.314.75$1,572
Aug 2003029729.765.13$1,524
Jul 2003026429.415.17$1,365
Jun 2003028128.565.98$1,681
May 2003631726.595.97$2,053
Apr 2003216126.675.41$924
Mar 2003029431.146.10$1,792
Feb 20031225033.487.93$2,383
Jan 2003631930.315.58$1,963
Dec 2002935626.914.85$1,970
Nov 2002225024.664.14$1,084
Oct 2002025826.464.23$1,091
Sep 20021324427.443.64$1,244
Aug 2002031425.963.16$994
Jul 2002332524.583.06$1,069
Jun 2002529223.733.34$1,093
May 2002024424.663.58$875
Apr 2002220223.653.51$757
Mar 2002016922.003.10$524
Feb 20021921718.222.38$862
Jan 2002920817.172.38$649
Dec 2001018916.932.36$447
Nov 2001023218.072.41$558
Oct 2001121719.782.53$569
Sep 2001019524.262.25$439
Aug 20011120924.873.05$912
Jul 2001021423.933.20$684
Jun 2001319824.563.82$831
May 2001016725.524.31$719
Apr 2001018424.685.34$982
Mar 2001021624.545.38$1,161
Feb 20011223427.755.77$1,683
Jan 2001010527.478.40$882
Dec 2000013526.889.12$1,232
Nov 2000015632.215.66$883
Oct 2000021131.235.15$1,086
Sep 2000014031.875.19$726
Aug 2000015229.644.54$690
Jul 2000019228.534.09$785
Jun 2000918729.304.40$1,086
May 2000021827.263.68$802
Apr 2000013024.513.12$405
Mar 20001319028.422.86$913
Feb 2000021227.622.73$578
Jan 2000125725.272.48$663
Dec 1999035224.282.42$853
Nov 1999034723.192.43$845
Oct 1999028520.982.80$799
Sep 1999028721.752.62$752
Aug 1999027419.262.88$788
Jul 19991927317.892.37$988
Jun 1999023915.942.36$565
May 1999012615.792.32$292
Apr 1999012415.102.21$274
Mar 1999011412.471.84$210
Feb 19990679.981.82$122
Jan 1999010210.381.90$194
Dec 19986709.201.77$179
Nov 199802610.892.19$57
Oct 1998012712.421.97$250
Sep 1998014612.592.08$304
Aug 19981014111.301.91$382
Jul 1998014411.742.24$322
Jun 199809611.242.24$215
May 199803412.622.21$75
Apr 199805713.042.51$143
Mar 1998137112.802.31$330
Feb 199804913.952.30$113
Jan 199808814.702.15$190
Dec 199709416.322.41$227
Nov 199708518.193.09$263
Oct 19971212919.253.15$637
Sep 199704917.742.95$145
Aug 1997011817.862.55$301
Jul 199706417.582.25$144
Jun 199707817.242.26$176
May 199709318.972.31$215
Apr 19971112017.882.08$447
Mar 199709518.951.94$184
Feb 19971113520.492.21$523
Jan 199706323.483.54$223
Dec 19961110123.32$257
Nov 1996012721.97$0
Oct 199607723.31$0
Sep 199608122.22$0
Aug 199606620.26$0
Jul 1996109319.55$196
Jun 1996108518.73$187
May 199603519.43$0
Apr 1996114921.51$237
Mar 199602819.38$0
Feb 1996015416.98$0
Jan 199607517.07$0
Dec 199501,01017.19$0
Nov 19951289816.00$192
Oct 199504,32815.43$0
Sep 1995070216.18$0
Aug 1995113,46615.92$175
Jul 199502,24015.24$0
Jun 199503,86616.41$0
May 199502,31617.56$0
Apr 199543,19917.73$71
Mar 199513,64116.44$16
Feb 199523,26916.58$33
Jan 199504,79015.92$0
Dec 199423,82315.03$30
Nov 199402,84815.90$0
Oct 1994019815.58$0
Sep 199402,78815.29$0
Aug 199403,21016.13$0
Jul 199403,41917.56$0
Jun 199403,34917.09$0
May 199422,65115.88$32
Apr 199403,90814.14$0
Mar 199404,27712.46$0
Feb 199403,82512.50$0
Jan 199404,77512.66$0
Dec 199305,30412.33$0
Nov 199305,04314.49$0
Oct 199305,43215.85$0
Sep 199305,34615.03$0
Aug 199304,81215.66$0
Jul 1993024915.46$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.

Aug 2013 — as filed, then multipliedworked
Condensate             7 bbl  × $104.25 =       $730
Gas                    0 Mcf  × $  3.52 =         $0

────────────────────────────────────────────────────
Month total                                     $730

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/146501 is the state's own key, not one this site invented.