AN/CY BENAVIDES F2

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 165238District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Oct 1997 – Jun 2010
Value, last 12 filed months
$568
at the published price for each month
Months reported
153
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 Gas111998-02-03137902
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
CondensateDisposition39,202 bbl$588,705
GasProduction1,930,729 Mcf$4,940,552
Total$5,529,258

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 27.5176, -99.1910. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.51761, -99.19102 · 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
9,100 ft
1 wells filed one
Completion to plug
12.7 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 9,100 ft.

Completions filed
Oct 1997
1 of 1 wells
Plug dates filed
Jun 2010
1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47936745699,100 ftOct 1997Jun 2010Yes

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 (153)

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

153 months

Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009011465.543.06$349
Aug 20090067.423.22$0
Jul 200906361.133.46$218
Jun 2009010366.163.90$401
May 2009013554.743.93$530
Apr 200902646.773.59$93
Mar 200904842.144.06$195
Feb 200903432.814.63$158
Jan 200904535.865.37$242
Dec 200805837.105.98$347
Nov 200806055.496.86$412
Oct 200805575.246.92$381
Sep 2008074101.767.88$583
Aug 2008066114.228.48$560
Jul 2008070131.0811.39$797
Jun 2008018131.3313.03$235
May 2008027123.1711.57$313
Apr 200801110.3110.45$10
Mar 20081160101.909.66$1,701
Feb 20080092.538.77$0
Jan 2008137490.388.21$1,782
Dec 2007116188.337.30$1,417
Nov 20072412991.677.29$3,141
Oct 2007108482.856.92$1,410
Sep 2007108175.846.24$1,264
Aug 2007010769.066.39$684
Jul 200704570.906.39$287
Jun 200702562.007.55$189
May 200705658.747.85$439
Apr 200703259.617.81$250
Mar 200704356.927.30$314
Feb 200702755.108.22$222
Jan 2007012650.306.73$848
Dec 20060056.656.92$0
Nov 200609354.207.62$708
Oct 20060054.906.01$0
Sep 200603060.085.04$151
Aug 200606468.717.34$470
Jul 200605469.376.34$343
Jun 200604366.286.38$275
May 200608966.016.42$572
Apr 20060164.397.36$7
Mar 200605956.707.08$418
Feb 200604357.597.75$333
Jan 20060060.598.93$0
Dec 200506154.9413.42$818
Nov 20050054.6910.59$0
Oct 200507558.3413.80$1,035
Sep 20050061.4512.08$0
Aug 200507461.519.80$725
Jul 20050055.697.84$0
Jun 200502152.337.38$155
May 200506545.226.65$432
Apr 20050849.207.36$59
Mar 2005021950.377.15$1,567
Feb 20050045.226.31$0
Jan 200501143.166.32$70
Dec 2004036939.866.75$2,491
Nov 20040045.286.33$0
Oct 200406849.706.52$443
Sep 2004014643.245.28$771
Aug 200408242.375.55$455
Jul 2004010138.286.08$615
Jun 2004014436.106.43$926
May 20040037.486.49$0
Apr 2004010534.475.86$615
Mar 20040534.365.53$28
Feb 200403932.455.51$215
Jan 2004011532.036.30$724
Dec 2003013130.266.30$826
Nov 200306228.804.60$285
Oct 2003017328.174.76$823
Sep 2003218226.314.75$917
Aug 20030829.765.13$41
Jul 200312529.415.17$159
Jun 2003518628.565.98$1,256
May 2003231,11926.595.97$7,295
Apr 2003442,33626.675.41$13,805
Mar 20031156,82131.146.10$45,162
Feb 200303033.487.93$238
Jan 200302330.315.58$128
Dec 200202626.914.85$126
Nov 2002035724.664.14$1,477
Oct 2002012326.464.23$520
Sep 2002018727.443.64$680
Aug 200206425.963.16$203
Jul 2002117924.583.06$573
Jun 2002268223.733.34$2,324
May 200261,16624.663.58$4,327
Apr 2002183,35623.653.51$12,213
Mar 2002455,92222.003.10$19,364
Feb 2002594,74418.222.38$12,345
Jan 20025610,48717.172.38$25,875
Dec 2001605,50816.932.36$14,039
Nov 2001544,58818.072.41$12,012
Oct 2001777,54319.782.53$20,598
Sep 200122413,10324.262.25$34,933
Aug 200113510,01024.873.05$33,920
Jul 2001553,29523.933.20$11,851
Jun 2001784,43924.563.82$18,891
May 20011357,58725.524.31$36,125
Apr 2001014,49824.685.34$77,351
Mar 2001018,98624.545.38$102,077
Feb 2001020,25027.755.77$116,783
Jan 2001011,25027.478.40$94,486
Dec 200001,20926.889.12$11,029
Nov 200001,13332.215.66$6,411
Oct 200001,09731.235.15$5,645
Sep 200001,16131.875.19$6,022
Aug 2000497029.644.54$4,523
Jul 2000399228.534.09$4,143
Jun 2000486029.304.40$3,899
May 200061,40427.263.68$5,330
Apr 2000132,24824.513.12$7,323
Mar 2000244,49028.422.86$13,522
Feb 2000477,58627.622.73$21,981
Jan 20007812,90925.272.48$33,992
Dec 199911516,65424.282.42$43,157
Nov 199926317,27123.192.43$48,136
Oct 199930720,73420.982.80$64,573
Sep 199927720,91221.752.62$60,790
Aug 199932224,13819.262.88$75,613
Jul 199934125,79317.892.37$67,291
Jun 199932028,13215.942.36$71,551
May 199935933,19915.792.32$82,724
Apr 199930429,67615.102.21$70,116
Mar 199947639,76412.471.84$79,035
Feb 199943443,7539.981.82$83,865
Jan 199933528,05910.381.90$56,788
Dec 199839224,6929.201.77$47,393
Nov 199885045,35510.892.19$108,390
Oct 19981,17076,04412.421.97$164,278
Sep 19981,22773,87912.592.08$169,310
Aug 19981,27378,96411.301.91$164,997
Jul 19981,00651,71611.742.24$127,513
Jun 19981,73555,45611.242.24$143,571
May 19982,20968,82012.622.21$179,718
Apr 19982,61674,74613.042.51$221,376
Mar 19982,96596,64612.802.31$261,150
Feb 19983,136112,00913.952.30$301,270
Jan 19984,371161,79414.702.15$412,886
Dec 19976,067216,29216.322.41$620,515
Nov 19973,330160,92018.193.09$557,536
Oct 19971,549105,67519.253.15$362,675

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.

Sep 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 65.54 =         $0
Gas                  114 Mcf  × $  3.06 =       $349

────────────────────────────────────────────────────
Month total                                     $349

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/165238 is the state's own key, not one this site invented.