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 190244District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$39 k
Jul 2002 – Nov 2008
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
77
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 Gas112002-10-01149333
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
CondensateDisposition105 bbl$6,047
GasProduction6,075 Mcf$32,697
Total$38,744

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 27.4531, -99.2164. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.45310, -99.21637 · 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
9,062 ft
1 wells filed one
Completion to plug
6.3 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 9,062 ft.

Completions filed
Jul 2002
1 of 1 wells
Plug dates filed
Nov 2008
1 of 1 wells

Last completion to plug: a median of 6.3 years across the 1 well that filed both dates, with the middle half between 6.3 years and 6.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47938062779,062 ftJul 2002Nov 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 (77)

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

77 months

Nov 200802655.496.86$178
Oct 200802675.246.92$180
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008045131.0811.39$513
Jun 200800131.3313.03$0
May 2008021123.1711.57$243
Apr 2008026110.3110.45$272
Mar 2008030101.909.66$290
Feb 200802292.538.77$193
Jan 200804890.388.21$394
Dec 200708388.337.30$606
Nov 200703191.677.29$226
Oct 200701082.856.92$69
Sep 2007056475.846.24$3,522
Aug 20070769.066.39$45
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200705858.747.85$455
Apr 20070259.617.81$16
Mar 200704356.927.30$314
Feb 200702155.108.22$173
Jan 200704450.306.73$296
Dec 200605856.656.92$401
Nov 20060054.207.62$0
Oct 200601054.906.01$60
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060466.286.38$26
May 2006050966.016.42$3,270
Apr 20060064.397.36$0
Mar 200601256.707.08$85
Feb 20061052957.597.75$6,272
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 200501054.6910.59$106
Oct 200502858.3413.80$386
Sep 200504561.4512.08$544
Aug 20050561.519.80$49
Jul 200501355.697.84$102
Jun 200502052.337.38$148
May 200504245.226.65$279
Apr 200502949.207.36$213
Mar 200505350.377.15$379
Feb 200504145.226.31$259
Jan 200504743.166.32$297
Dec 200403839.866.75$257
Nov 200402245.286.33$139
Oct 200402149.706.52$137
Sep 200403843.245.28$201
Aug 200401242.375.55$67
Jul 200401438.286.08$85
Jun 200409036.106.43$579
May 200405037.486.49$325
Apr 200401134.475.86$64
Mar 200404234.365.53$232
Feb 200404832.455.51$264
Jan 20040032.036.30$0
Dec 2003010230.266.30$643
Nov 2003014728.804.60$675
Oct 2003012328.174.76$585
Sep 200301126.314.75$52
Aug 200309329.765.13$477
Jul 2003072129.415.17$3,728
Jun 20030528.565.98$30
May 200302226.595.97$131
Apr 200308726.675.41$470
Mar 200303231.146.10$195
Feb 200301533.487.93$119
Jan 200305930.315.58$329
Dec 2002014026.914.85$680
Nov 2002021324.664.14$881
Oct 2002029826.464.23$1,260
Sep 2002086627.443.64$3,148
Aug 200207025.963.16$221
Jul 2002062324.583.06$1,907

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 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.49 =         $0
Gas                   26 Mcf  × $  6.86 =       $178

────────────────────────────────────────────────────
Month total                                     $178

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/190244 is the state's own key, not one this site invented.