LECHENGER

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the 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 154636District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$336 k
Jun 1995 – Nov 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
162
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 247 leases and 247 wells, and the rule below applies to all of them.

Discovered
1998-02-24
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
High Cost Gas111995-07-31132317
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
CondensateDisposition1,349 bbl$26,306
GasProduction181,811 Mcf$309,211
Total$335,518

86,468 Mcf of this lease's gas, across 19 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 27.4813, -99.2107. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.48126, -99.21070 · 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
9,763 ft
1 wells filed one
Completion to plug
13.4 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 9,763 ft.

Completions filed
Jun 1995
1 of 1 wells
Plug dates filed
Nov 2008
1 of 1 wells

Last completion to plug: a median of 13.4 years across the 1 well that filed both dates, with the middle half between 13.4 years and 13.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47935869179,763 ftJun 1995Nov 2008Yes

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 (162)

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

162 months

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 200552045.226.65$2,351
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005029045.226.31$1,830
Jan 20050043.166.32$0
Dec 2004014139.866.75$952
Nov 2004061945.286.33$3,919
Oct 2004044849.706.52$2,919
Sep 2004052143.245.28$2,753
Aug 2004048742.375.55$2,703
Jul 2004056438.286.08$3,431
Jun 2004052336.106.43$3,364
May 2004049237.486.49$3,195
Apr 2004050034.475.86$2,929
Mar 2004046034.365.53$2,544
Feb 2004035332.455.51$1,945
Jan 2004035832.036.30$2,255
Dec 2003059330.266.30$3,737
Nov 2003068528.804.60$3,148
Oct 200301,41228.174.76$6,721
Sep 20030026.314.75$0
Aug 2003594029.765.13$1,961
Jul 2003065029.415.17$3,361
Jun 2003061728.565.98$3,691
May 2003066126.595.97$3,948
Apr 2003061226.675.41$3,309
Mar 2003068531.146.10$4,176
Feb 2003063133.487.93$5,001
Jan 20036160430.315.58$5,220
Dec 2002077126.914.85$3,742
Nov 2002052724.664.14$2,180
Oct 2002060026.464.23$2,537
Sep 2002057127.443.64$2,076
Aug 2002052625.963.16$1,664
Jul 2002059324.583.06$1,816
Jun 2002065423.733.34$2,183
May 2002067424.663.58$2,416
Apr 20025380123.653.51$4,067
Mar 2002066222.003.10$2,054
Feb 2002052918.222.38$1,257
Jan 2002063317.172.38$1,504
Dec 2001064616.932.36$1,527
Nov 2001075918.072.41$1,826
Oct 2001074019.782.53$1,871
Sep 2001079724.262.25$1,794
Aug 20015899424.873.05$4,477
Jul 2001080823.933.20$2,583
Jun 2001081324.563.82$3,109
May 2001093625.524.31$4,032
Apr 2001083524.685.34$4,455
Mar 200101,58624.545.38$8,527
Feb 2001383427.755.77$4,893
Jan 20016495527.478.40$9,779
Dec 200002426.889.12$219
Nov 2000056232.215.66$3,180
Oct 2000035931.235.15$1,847
Sep 2000021731.875.19$1,125
Aug 2000038829.644.54$1,762
Jul 200001,10428.534.09$4,515
Jun 2000046829.304.40$2,058
May 2000052627.263.68$1,936
Apr 200001,00624.513.12$3,135
Mar 2000062228.422.86$1,779
Feb 2000068827.622.73$1,876
Jan 20000025.272.48$0
Dec 1999017724.282.42$429
Nov 199901,24323.192.43$3,025
Oct 199901,13720.982.80$3,188
Sep 199902,46521.752.62$6,455
Aug 199901,80419.262.88$5,188
Jul 1999380017.892.37$1,952
Jun 1999283115.942.36$1,995
May 199901,15515.792.32$2,681
Apr 1999084015.102.21$1,855
Mar 1999471,31312.471.84$3,000
Feb 199901,3749.981.82$2,498
Jan 199901,22610.381.90$2,329
Dec 199801,3669.201.77$2,422
Nov 199801,66510.892.19$3,639
Oct 1998611,77312.421.97$4,249
Sep 199801,25212.592.08$2,607
Aug 199801,49411.301.91$2,850
Jul 199801,51911.742.24$3,398
Jun 199801,61411.242.24$3,611
May 199801,83912.622.21$4,057
Apr 1998631,86013.042.51$5,481
Mar 199801,92812.802.31$4,453
Feb 199801,54613.952.30$3,554
Jan 1998661,80914.702.15$4,868
Dec 199701,82316.322.41$4,395
Nov 199701,80218.193.09$5,565
Oct 1997401,87219.253.15$6,666
Sep 199701,89917.742.95$5,611
Aug 199701,99317.862.55$5,092
Jul 1997861,84217.582.25$5,651
Jun 199702,00017.242.26$4,514
May 199742,07018.972.31$4,854
Apr 199721,97017.882.08$4,139
Mar 199712,22318.951.94$4,330
Feb 199702,20720.492.21$4,868
Jan 199732,45823.483.54$8,771
Dec 1996132,24423.32$303
Nov 199602,74821.97$0
Oct 199612,78323.31$23
Sep 199673,01322.22$156
Aug 199611,74720.26$20
Jul 199672,84219.55$137
Jun 199672,79818.73$131
May 199642,95319.43$78
Apr 199623,50621.51$43
Mar 199643,73319.38$78
Feb 199694,00316.98$153
Jan 19961204,15117.07$2,048
Dec 199524,53017.19$34
Nov 199535,12316.00$48
Oct 19951325,81815.43$2,037
Sep 199586,83916.18$129
Aug 19951479,57315.92$2,340
Jul 199515117,92315.24$2,301
Jun 1995314116.41$49

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.

May 2005 — as filed, then multipliedworked
Condensate            52 bbl  × $ 45.22 =     $2,351
Gas                    0 Mcf  × $  6.65 =         $0

────────────────────────────────────────────────────
Month total                                   $2,351

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/154636 is the state's own key, not one this site invented.