AN/CY BENAVIDES F

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 168747District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Feb 1998 – Mar 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
182
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 Gas111998-07-17138528
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
CondensateDisposition7,117 bbl$290,920
GasProduction1,469,107 Mcf$4,789,129
Total$5,080,049

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 27.5282, -99.2197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.52821, -99.21966 · 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
8,689 ft
1 wells filed one
Completion to plug
15.1 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 8,689 ft.

Completions filed
Feb 1998
1 of 1 wells
Plug dates filed
Mar 2013
1 of 1 wells

Last completion to plug: a median of 15.1 years across the 1 well that filed both dates, with the middle half between 15.1 years and 15.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47936848688,689 ftFeb 1998Mar 2013Yes

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 (182)

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

182 months

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 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 201103995.723.31$129
Oct 201101,85684.983.65$6,772
Sep 2011272,31683.623.99$11,489
Aug 20112922,03483.404.15$32,793
Jul 201113183894.144.52$16,118
Jun 20111831,27692.904.64$22,921
May 20112702,25398.134.40$36,419
Apr 20113422,456105.964.33$46,881
Mar 20112322,62496.364.06$33,002
Feb 2011292,05485.644.18$11,069
Jan 2011141,23586.504.59$6,878
Dec 2010191,34285.734.35$7,464
Nov 2010171,46980.843.80$6,950
Oct 2010181,67578.103.51$7,283
Sep 201001,68672.633.98$6,709
Aug 201001,36173.684.42$6,015
Jul 201001,09272.554.74$5,172
Jun 201001,62570.364.91$7,979
May 2010097071.124.24$4,108
Apr 2010057881.694.12$2,383
Mar 2010062378.394.39$2,734
Feb 2010245373.585.44$2,613
Jan 201051,03774.365.96$6,557
Dec 200961,02471.445.48$6,044
Nov 200971,11474.593.75$4,701
Oct 2009111,80772.544.11$8,225
Sep 200962,06565.543.06$6,722
Aug 2009111,41367.423.22$5,289
Jul 2009111,32261.133.46$5,253
Jun 2009111,34766.163.90$5,974
May 2009152,00154.743.93$8,677
Apr 2009151,95146.773.59$7,701
Mar 200991,87142.144.06$7,974
Feb 200901,52932.814.63$7,084
Jan 200901,32335.865.37$7,106
Dec 200802,40537.105.98$14,375
Nov 200812,15355.496.86$14,826
Oct 2008122,22975.246.92$16,332
Sep 200871,440101.767.88$12,055
Aug 2008101,505114.228.48$13,909
Jul 2008132,178131.0811.39$26,510
Jun 200881,830131.3313.03$24,900
May 200881,673123.1711.57$20,349
Apr 2008123,108110.3110.45$33,817
Mar 2008203,438101.909.66$35,263
Feb 200802,60492.538.77$22,839
Jan 200803,54290.388.21$29,065
Dec 2007074388.337.30$5,425
Nov 2007082491.677.29$6,008
Oct 2007088782.856.92$6,140
Sep 200702,06275.846.24$12,875
Aug 200703,42169.066.39$21,853
Jul 200703,37870.906.39$21,578
Jun 20070762.007.55$53
May 200705558.747.85$432
Apr 2007140259.617.81$3,197
Mar 20071122156.927.30$2,240
Feb 20072035055.108.22$3,978
Jan 20074989950.306.73$8,512
Dec 2006711,40156.656.92$13,715
Nov 2006932,04354.207.62$20,603
Oct 2006491,70754.906.01$12,956
Sep 2006271,58460.085.04$9,601
Aug 2006361,56468.717.34$13,953
Jul 2006542,34169.376.34$18,594
Jun 2006421,64166.286.38$13,260
May 2006471,98766.016.42$15,869
Apr 2006251,01364.397.36$9,066
Mar 200601,72656.707.08$12,225
Feb 20060057.597.75$0
Jan 20061060.598.93$61
Dec 2005152,21454.9413.42$30,526
Nov 2005182,52454.6910.59$27,710
Oct 2005264,39258.3413.80$62,108
Sep 20050561.4512.08$60
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 200509752.337.38$716
May 2005060745.226.65$4,037
Apr 2005074549.207.36$5,484
Mar 2005035950.377.15$2,569
Feb 2005024245.226.31$1,527
Jan 2005556743.166.32$3,800
Dec 2004151,97639.866.75$13,938
Nov 2004466,44845.286.33$42,901
Oct 2004354,60949.706.52$31,768
Sep 2004403,05143.245.28$17,851
Aug 2004051642.375.55$2,864
Jul 2004086938.286.08$5,287
Jun 200402,07436.106.43$13,342
May 200405,82437.486.49$37,824
Apr 200401,98134.475.86$11,606
Mar 200403,58034.365.53$19,798
Feb 2004318432.455.51$1,111
Jan 2004343,31932.036.30$21,998
Dec 2003444,80530.266.30$31,611
Nov 2003265,00128.804.60$23,729
Oct 2003334,67028.174.76$23,157
Sep 2003305,79126.314.75$28,293
Aug 2003252,14329.765.13$11,737
Jul 2003352,54929.415.17$14,210
Jun 2003816,05828.565.98$38,558
May 200312210,05726.595.97$63,311
Apr 2003116126.675.41$623
Mar 20031154,18231.146.10$29,075
Feb 20031194,13733.487.93$36,773
Jan 2003601,33130.315.58$9,248
Dec 20021603,80326.914.85$22,764
Nov 20022377,54224.664.14$37,045
Oct 2002634,60826.464.23$21,155
Sep 200201,69627.443.64$6,165
Aug 200205,90825.963.16$18,694
Jul 200204,92424.583.06$15,076
Jun 200206,96523.733.34$23,251
May 200204,69424.663.58$16,823
Apr 200206,08523.653.51$21,372
Mar 200207,14722.003.10$22,175
Feb 200207,68918.222.38$18,267
Jan 2002010,19717.172.38$24,225
Dec 200102,72716.932.36$6,448
Nov 200108,74418.072.41$21,034
Oct 2001610,03919.782.53$25,506
Sep 2001709,32124.262.25$22,683
Aug 20016611,19924.873.05$35,834
Jul 2001517,16223.933.20$24,118
Jun 20018011,52424.563.82$46,034
May 2001537,04925.524.31$31,715
Apr 2001011,73824.685.34$62,626
Mar 2001014,46524.545.38$77,770
Feb 2001013,77727.755.77$79,453
Jan 2001019,00927.478.40$159,652
Dec 2000016,69126.889.12$152,264
Nov 2000014,31732.215.66$81,006
Oct 200009,89631.235.15$50,920
Sep 200005,25731.875.19$27,265
Aug 200006,46529.644.54$29,356
Jul 200005,78328.534.09$23,651
Jun 200005,15029.304.40$22,646
May 200003,82227.263.68$14,064
Apr 200007,07824.513.12$22,055
Mar 200007,97628.422.86$22,809
Feb 200009,12527.622.73$24,879
Jan 200009,93825.272.48$24,651
Dec 199959,83924.282.42$23,968
Nov 1999675,75923.192.43$15,571
Oct 1999766,69920.982.80$20,377
Sep 1999777,41421.752.62$21,091
Aug 1999939,39619.262.88$28,810
Jul 1999706,17117.892.37$15,892
Jun 19991569,09315.942.36$23,965
May 19991155,10415.792.32$13,662
Apr 199948428,97415.102.21$71,284
Mar 19991,00754,69812.471.84$113,110
Feb 199938925,0349.981.82$49,389
Jan 199928915,85710.381.90$33,127
Dec 19981024,2479.201.77$43,090
Nov 19981426,20410.892.19$57,427
Oct 19981740,69712.421.97$80,352
Sep 19981012.592.08$13
Aug 1998815,79611.301.91$30,219
Jul 19983665,11211.742.24$146,096
Jun 19983787,78811.242.24$196,821
May 199856130,26012.622.21$288,105
Apr 199886190,54813.042.51$478,507
Mar 19980184,93512.802.31$427,096
Feb 1998012,98413.952.30$29,852

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.

Nov 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 95.72 =         $0
Gas                   39 Mcf  × $  3.31 =       $129

────────────────────────────────────────────────────
Month total                                     $129

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/168747 is the state's own key, not one this site invented.