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 164069District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$855 k
Jul 1997 – Dec 2011
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
174
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 Gas221997-10-30 – 2002-04-172 dockets
NGPA2none

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
CondensateDisposition2,762 bbl$50,254
GasProduction236,221 Mcf$805,115
Total$855,369

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 27.4720, -99.1870. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.47203, -99.18701 · 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
9,172 ft
1 wells filed one
Completion to plug
14.4 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 9,172 ft.

Completions filed
Jul 1997
1 of 1 wells
Plug dates filed
Dec 2011
1 of 1 wells

Last completion to plug: a median of 14.4 years across the 1 well that filed both dates, with the middle half between 14.4 years and 14.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47934246109,172 ftJul 1997Dec 2011Yes

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 (174)

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

174 months

Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011030192.904.64$1,397
May 2011061498.134.40$2,705
Apr 20110733105.964.33$3,176
Mar 2011071596.364.06$2,901
Feb 2011040285.644.18$1,680
Jan 201105386.504.59$243
Dec 201003085.734.35$130
Nov 201002780.843.80$102
Oct 201002778.103.51$95
Sep 201003672.633.98$143
Aug 201002073.684.42$88
Jul 201001072.554.74$47
Jun 201002870.364.91$137
May 201002371.124.24$97
Apr 201003981.694.12$161
Mar 201007278.394.39$316
Feb 201006473.585.44$348
Jan 2010011974.365.96$710
Dec 2009019871.445.48$1,086
Nov 2009073374.593.75$2,750
Oct 2009076372.544.11$3,136
Sep 2009020865.543.06$637
Aug 2009074067.423.22$2,382
Jul 2009021861.133.46$755
Jun 2009031766.163.90$1,235
May 2009071054.743.93$2,787
Apr 2009049046.773.59$1,758
Mar 2009021042.144.06$852
Feb 2009015832.814.63$732
Jan 2009012935.865.37$693
Dec 2008013537.105.98$807
Nov 2008013155.496.86$899
Oct 2008011275.246.92$775
Sep 20080211101.767.88$1,662
Aug 20080232114.228.48$1,968
Jul 20080278131.0811.39$3,166
Jun 20080554131.3313.03$7,220
May 20080423123.1711.57$4,896
Apr 20080316110.3110.45$3,304
Mar 20080691101.909.66$6,678
Feb 2008070192.538.77$6,148
Jan 2008030490.388.21$2,495
Dec 2007014688.337.30$1,066
Nov 200709591.677.29$693
Oct 2007019682.856.92$1,357
Sep 2007061175.846.24$3,815
Aug 2007075669.066.39$4,829
Jul 2007037170.906.39$2,370
Jun 2007022762.007.55$1,714
May 2007013558.747.85$1,059
Apr 2007027259.617.81$2,123
Mar 200707356.927.30$533
Feb 2007011255.108.22$920
Jan 2007013650.306.73$915
Dec 2006015156.656.92$1,045
Nov 2006025254.207.62$1,920
Oct 2006013354.906.01$800
Sep 2006018360.085.04$922
Aug 2006049168.717.34$3,604
Jul 2006094269.376.34$5,975
Jun 2006095666.286.38$6,103
May 200601,01666.016.42$6,528
Apr 2006071164.397.36$5,233
Mar 2006011956.707.08$843
Feb 2006017357.597.75$1,341
Jan 2006018460.598.93$1,644
Dec 2005018454.9413.42$2,468
Nov 2005015754.6910.59$1,662
Oct 2005026058.3413.80$3,587
Sep 2005028461.4512.08$3,430
Aug 200501,00161.519.80$9,807
Jul 200501,20155.697.84$9,420
Jun 200501,08352.337.38$7,994
May 2005098545.226.65$6,551
Apr 2005020549.207.36$1,509
Mar 2005022350.377.15$1,596
Feb 2005077545.226.31$4,892
Jan 2005047643.166.32$3,009
Dec 2004059839.866.75$4,037
Nov 2004876345.286.33$5,192
Oct 2004189749.706.52$5,894
Sep 2004092443.245.28$4,882
Aug 200401,14842.375.55$6,372
Jul 20046260538.286.08$6,054
Jun 2004016936.106.43$1,087
May 2004016937.486.49$1,098
Apr 200404434.475.86$258
Mar 2004029234.365.53$1,615
Feb 20040532.455.51$28
Jan 2004019732.036.30$1,241
Dec 200305930.266.30$372
Nov 2003014028.804.60$643
Oct 2003027028.174.76$1,285
Sep 2003078526.314.75$3,728
Aug 2003086729.765.13$4,447
Jul 200301,28629.415.17$6,650
Jun 2003551,44228.565.98$10,198
May 2003057426.595.97$3,428
Apr 2003021026.675.41$1,136
Mar 2003024131.146.10$1,469
Feb 2003018733.487.93$1,482
Jan 2003020330.315.58$1,133
Dec 2002052626.914.85$2,553
Nov 2002096224.664.14$3,980
Oct 200201,42026.464.23$6,005
Sep 200201,12627.443.64$4,093
Aug 2002328925.963.16$992
Jul 20024341024.583.06$2,312
Jun 200201,14423.733.34$3,819
May 200201,29124.663.58$4,627
Apr 2002046923.653.51$1,647
Mar 2002020722.003.10$642
Feb 20026057218.222.38$2,452
Jan 2002085517.172.38$2,031
Dec 200101,19816.932.36$2,833
Nov 200101,02618.072.41$2,468
Oct 200101,76119.782.53$4,453
Sep 2001157524.262.25$1,319
Aug 2001039524.873.05$1,206
Jul 200101,52723.933.20$4,882
Jun 2001921,88524.563.82$9,468
May 2001073925.524.31$3,183
Apr 2001067124.685.34$3,580
Mar 2001077424.545.38$4,161
Feb 2001066927.755.77$3,858
Jan 200101,21027.478.40$10,163
Dec 200001,25926.889.12$11,485
Nov 2000069732.215.66$3,944
Oct 200001,22731.235.15$6,314
Sep 2000039731.875.19$2,059
Aug 2000088029.644.54$3,996
Jul 2000086928.534.09$3,554
Jun 2000096829.304.40$4,257
May 20001021,01027.263.68$6,497
Apr 200001,55624.513.12$4,849
Mar 200001,29728.422.86$3,709
Feb 2000571,26927.622.73$5,034
Jan 200001,66325.272.48$4,125
Dec 199901,83824.282.42$4,455
Nov 199901,71323.192.43$4,169
Oct 199901,20220.982.80$3,370
Sep 1999052321.752.62$1,370
Aug 1999093719.262.88$2,694
Jul 1999031817.892.37$754
Jun 199901,96315.942.36$4,637
May 199902,38415.792.32$5,533
Apr 199902,42015.102.21$5,343
Mar 199902,26012.471.84$4,155
Feb 199901,7929.981.82$3,257
Jan 19991371,48110.381.90$4,236
Dec 199801,3919.201.77$2,467
Nov 199801,96710.892.19$4,299
Oct 199802,93412.421.97$5,778
Sep 199801,98412.592.08$4,132
Aug 19981302,72611.301.91$6,668
Jul 199804,93811.742.24$11,048
Jun 19981583,73611.242.24$10,134
May 199805,32512.622.21$11,749
Apr 199805,74013.042.51$14,381
Mar 19981688,40012.802.31$21,550
Feb 199807,96013.952.30$18,301
Jan 19989911,14614.702.15$25,473
Dec 199717712,15816.322.41$32,203
Nov 199734613,90218.193.09$49,227
Oct 199747617,05619.253.15$62,886
Sep 199758719,86217.742.95$69,103
Aug 1997020,39317.862.55$52,099
Jul 199701,35417.582.25$3,042

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.

Jun 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 92.90 =         $0
Gas                  301 Mcf  × $  4.64 =     $1,397

────────────────────────────────────────────────────
Month total                                   $1,397

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/164069 is the state's own key, not one this site invented.