BENAVIDES TRUST

Operated by MERIT ENERGY COMPANY (P-5 561136) in the LOS MOGOTES (WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 193953District 04Field 549769502 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.1 M
Feb 2003 – May 2026
Value, last 12 filed months
$81 k
at the published price for each month
Months reported
280
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 242 leases and 242 wells, and the rule below applies to all of them.

Discovered
2008-12-16
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2008-12-16.

The Commission's schedule remark for this field reads: DKT 04-0258736, 12/16/2008: CONSOLIDATION OF LOS MOGOTES (7400),

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 Gas112006-07-31169214
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
CondensateDisposition11,623 bbl$468,285
GasProduction2,379,636 Mcf$13,640,512
Total$14,108,797

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 27.1229, -99.2402. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.12287, -99.24017 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,550 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 8,550 ft.

Completions filed
Feb 2003
1 of 1 wells

1 well

42-5053460738,550 ftFeb 2003

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 (280)

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

280 months

May 202602,258106.413.05$6,878
Apr 202602,52198.932.87$7,235
Mar 202603,05289.753.15$9,612
Feb 202601,87763.503.75$7,039
Jan 202602,95659.138.00$23,642
Dec 202501,92256.664.41$8,482
Nov 2025097658.593.93$3,832
Oct 2025074859.383.30$2,472
Sep 2025090462.743.08$2,782
Aug 2025096763.933.01$2,915
Jul 2025283066.743.32$2,885
Jun 202501,03166.483.13$3,226
May 202501,39660.553.23$4,512
Apr 202501,77962.363.54$6,303
Mar 202501,84467.704.27$7,871
Feb 202501,62770.884.34$7,063
Jan 202501,63574.324.28$6,996
Dec 202401,82868.993.12$5,706
Nov 202401,95069.052.20$4,287
Oct 202402,04571.372.28$4,665
Sep 202401,87269.612.36$4,426
Aug 202401,89675.632.06$3,913
Jul 202401,73279.932.15$3,718
Jun 202401,94178.082.63$5,113
May 202401,86578.812.20$4,100
Apr 202401,51984.451.66$2,520
Mar 202401,77280.301.55$2,738
Feb 202401,99776.091.78$3,562
Jan 202402,27673.023.30$7,505
Dec 202302,20871.262.61$5,764
Nov 202301,66477.892.81$4,672
Oct 202331,67585.443.09$5,428
Sep 202301,78989.042.74$4,893
Aug 202302,10680.522.67$5,629
Jul 202321,94674.852.64$5,291
Jun 202341,99468.962.26$4,779
May 202322,02370.622.23$4,647
Apr 202331,92878.122.24$4,549
Mar 202321,90972.852.39$4,714
Feb 202311,80275.112.47$4,518
Jan 202321,70876.533.39$5,939
Dec 202221,65476.415.73$9,629
Nov 202221,68785.005.65$9,695
Oct 202212,02287.185.86$11,944
Sep 202241,47884.888.16$12,405
Aug 202222,10494.529.13$19,393
Jul 202251,989101.587.54$15,509
Jun 202201,658115.097.98$13,226
May 202241,764109.378.43$15,313
Apr 202222,117104.226.84$14,684
Mar 202222,419108.885.08$12,498
Feb 202231,93491.054.86$9,670
Jan 202222,04281.844.54$9,430
Dec 202142,39071.323.90$9,604
Nov 202122,46977.435.24$13,085
Oct 202142,63379.795.71$15,364
Sep 202122,37769.865.35$12,859
Aug 202142,48966.024.22$10,769
Jul 202142,47970.783.98$10,155
Jun 202112,68069.493.38$9,130
May 202132,42863.483.02$7,517
Apr 202122,45560.362.76$6,893
Mar 202142,37661.302.72$6,701
Feb 202132,57657.805.55$14,465
Jan 202153,29950.412.81$9,523
Dec 202013,52244.642.68$9,468
Nov 202012,57638.772.71$7,011
Oct 202021,63236.972.48$4,119
Sep 202021,36337.091.99$2,788
Aug 202011,81939.982.39$4,378
Jul 202032,39838.371.83$4,492
Jun 202031,76334.901.69$3,085
May 202032,54416.921.81$4,667
Apr 202032,60114.751.80$4,737
Mar 202012,07030.341.86$3,873
Feb 202031,74149.881.98$3,598
Jan 202032,02457.252.09$4,412
Dec 201932,17659.012.30$5,191
Nov 201942,21255.302.75$6,306
Oct 201932,55753.472.42$6,345
Sep 201912,56955.052.66$6,882
Aug 201952,51453.112.30$6,059
Jul 201912,67156.272.46$6,627
Jun 201932,56652.782.49$6,551
May 201902,73158.482.74$7,484
Apr 201932,80962.632.75$7,915
Mar 201902,20456.803.06$6,749
Feb 201912,09750.852.79$5,906
Jan 201902,32146.033.23$7,493
Dec 201822,33846.594.19$9,879
Nov 201802,33452.934.24$9,890
Oct 201812,61561.443.40$8,947
Sep 201802,31859.543.11$7,204
Aug 201812,92959.403.07$9,041
Jul 201802,73265.142.93$8,010
Jun 201802,56560.183.08$7,892
May 201822,86365.382.90$8,436
Apr 201822,54163.842.90$7,499
Mar 201812,74161.222.79$7,700
Feb 201812,22261.782.77$6,208
Jan 201802,72062.874.01$10,905
Dec 201702,03857.272.92$5,954
Nov 201732,30655.423.12$7,357
Oct 201703,02949.292.98$9,038
Sep 201702,91247.523.09$8,990
Aug 201712,72545.373.00$8,232
Jul 201703,54243.873.09$10,935
Jun 201722,48942.493.09$7,769
May 2017372,90345.373.26$11,152
Apr 201703,05247.933.21$9,802
Mar 201703,23746.772.98$9,658
Feb 201702,78850.452.95$8,232
Jan 201703,25849.413.42$11,138
Dec 201603,44748.763.72$12,833
Nov 201603,29842.492.64$8,721
Oct 201603,44546.193.09$10,646
Sep 201603,58641.553.10$11,119
Aug 201603,73941.442.92$10,934
Jul 201603,91741.622.92$11,455
Jun 201603,72145.352.69$9,994
May 201602,72442.521.99$5,424
Apr 201602,72936.561.99$5,434
Mar 201603,68933.011.79$6,618
Feb 201602,84826.472.06$5,877
Jan 201602,88427.352.36$6,819
Dec 20150032.362.00$0
Nov 201503,26138.792.17$7,068
Oct 201503,76643.552.43$9,139
Sep 201502,69342.992.76$7,428
Aug 201503,25340.162.87$9,344
Jul 201503,94748.152.95$11,624
Jun 201503,70456.152.88$10,678
May 201503,28655.212.96$9,712
Apr 201504,30849.822.71$11,660
Mar 201503,23642.892.93$9,497
Feb 201502,96844.662.98$8,833
Jan 201504,90643.433.10$15,212
Dec 201403,57354.693.59$12,832
Nov 201403,16070.464.25$13,436
Oct 201403,46178.303.90$13,501
Sep 201403,30086.164.05$13,350
Aug 201403,51589.394.04$14,183
Jul 201404,13496.564.18$17,278
Jun 201403,78598.164.74$17,929
May 201404,40594.734.73$20,821
Apr 201403,60995.944.81$17,356
Mar 201403,54395.895.06$17,916
Feb 201403,18697.406.19$19,728
Jan 201403,83790.404.86$18,651
Dec 201303,59591.824.35$15,654
Nov 201303,76788.853.74$14,082
Oct 201303,80997.423.78$14,396
Sep 201303,406104.113.72$12,663
Aug 201303,559104.253.52$12,537
Jul 201303,345102.523.72$12,436
Jun 201303,33694.403.93$13,122
May 201304,17694.834.15$17,327
Apr 201303,83093.964.28$16,402
Mar 201301,99093.623.91$7,787
Feb 201303,81291.233.42$13,037
Jan 201304,24091.603.42$14,500
Dec 201204,09686.773.42$14,009
Nov 201203,86186.953.62$13,996
Oct 201204,11089.383.40$13,973
Sep 201203,81394.672.92$11,128
Aug 201203,87892.662.91$11,278
Jul 201204,34485.133.02$13,122
Jun 201204,02879.822.52$10,147
May 201204,32291.612.49$10,755
Apr 201204,046101.652.00$8,079
Mar 201294,404105.052.22$10,731
Feb 201204,493101.102.57$11,548
Jan 201204,36198.092.73$11,923
Dec 201104,44796.873.24$14,407
Nov 201104,61695.723.31$15,285
Oct 201104,54484.983.65$16,579
Sep 201104,86783.623.99$19,399
Aug 201105,24983.404.15$21,780
Jul 201104,96194.144.52$22,410
Jun 201105,13892.904.64$23,840
May 201105,77498.134.40$25,433
Apr 201105,776105.964.33$25,029
Mar 2011455,81496.364.06$27,926
Feb 2011965,30285.644.18$30,384
Jan 201106,16386.504.59$28,281
Dec 201006,44785.734.35$28,030
Nov 201005,72980.843.80$21,743
Oct 201016,46678.103.51$22,767
Sep 201007,39972.633.98$29,444
Aug 201015,30073.684.42$23,496
Jul 201006,34572.554.74$30,053
Jun 201005,41670.364.91$26,595
May 201005,01271.124.24$21,227
Apr 201015,77981.694.12$23,907
Mar 201026,27978.394.39$27,713
Feb 20101764,98973.585.44$40,102
Jan 201015,46874.365.96$32,686
Dec 200906,38671.445.48$35,019
Nov 200915,44674.593.75$20,505
Oct 200906,25272.544.11$25,697
Sep 200906,61865.543.06$20,283
Aug 200907,07267.423.22$22,761
Jul 200917,83961.133.46$27,219
Jun 200907,24166.163.90$28,204
May 200907,46154.743.93$29,290
Apr 200917,00546.773.59$25,177
Mar 200907,73242.144.06$31,384
Feb 200917,95332.814.63$36,879
Jan 200908,73435.865.37$46,910
Dec 200828,34137.105.98$49,930
Nov 200807,65455.496.86$52,509
Oct 20081665,34575.246.92$49,488
Sep 200817,731101.767.88$61,000
Aug 200818,578114.228.48$72,882
Jul 200818,236131.0811.39$93,934
Jun 200807,923131.3313.03$103,258
May 200808,580123.1711.57$99,307
Apr 200807,613110.3110.45$79,593
Mar 20081806,965101.909.66$85,652
Feb 200817,30092.538.77$64,118
Jan 200808,22490.388.21$67,484
Dec 200717,92088.337.30$57,920
Nov 20071807,24491.677.29$69,322
Oct 200709,47182.856.92$65,558
Sep 200707,19175.846.24$44,902
Aug 200719,26469.066.39$59,247
Jul 200708,61970.906.39$55,058
Jun 200718010,36262.007.55$89,377
May 200709,90458.747.85$77,710
Apr 200717,13159.617.81$55,718
Mar 200709,00556.927.30$65,754
Feb 200717310,08255.108.22$92,366
Jan 2007110,74250.306.73$72,310
Dec 200618,51056.656.92$58,933
Nov 200607,00654.207.62$53,368
Oct 200617010,12154.906.01$70,199
Sep 200618,88160.085.04$44,795
Aug 200609,44568.717.34$69,326
Jul 2006011,95669.376.34$75,834
Jun 200617612,45066.286.38$91,145
May 2006215,76666.016.42$101,429
Apr 2006013,33064.397.36$98,115
Mar 200617112,32356.707.08$96,979
Feb 2006013,68157.597.75$106,043
Jan 2006216,27860.598.93$145,538
Dec 200517316,64754.9413.42$232,831
Nov 200518215,99854.6910.59$179,347
Oct 2005017,20458.3413.80$237,342
Sep 200517019,30361.4512.08$243,607
Aug 2005020,62661.519.80$202,070
Jul 200517922,75055.697.84$188,411
Jun 2005117,83052.337.38$131,656
May 200516614,37245.226.65$103,097
Apr 2005116,31449.207.36$120,128
Mar 200517319,86450.377.15$150,839
Feb 200518217,28245.226.31$117,313
Jan 200518521,89043.166.32$146,378
Dec 2004324,75439.866.75$167,236
Nov 200418321,22245.286.33$142,630
Oct 200417031,30749.706.52$212,417
Sep 200418032,42143.245.28$179,093
Aug 200417141,15042.375.55$235,655
Jul 200413448,26638.286.08$298,789
Jun 200416629,75736.106.43$197,420
May 200417033,56537.486.49$224,362
Apr 200433429,59234.475.86$184,877
Mar 200417134,53434.365.53$196,853
Feb 200418233,93132.455.51$192,853
Jan 200433940,10832.036.30$263,524
Dec 200317146,18230.266.30$296,197
Nov 200336449,22628.804.60$236,685
Oct 200336356,86528.174.76$280,883
Sep 200347458,42826.314.75$289,967
Aug 200336870,07029.765.13$370,391
Jul 200368778,90729.415.17$428,220
Jun 200362982,70328.565.98$512,773
May 200383293,31526.595.97$579,464
Apr 200385569,15626.675.41$396,749
Mar 20031,32674,48631.146.10$495,361
Feb 2003057,97233.487.93$459,479

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                2,258 Mcf  × $  3.05 =     $6,878

────────────────────────────────────────────────────
Month total                                   $6,878

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/193953 is the state's own key, not one this site invented.