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 201375District 04Field 549769502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Feb 2004 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
268
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 Gas112006-07-31169213
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
CondensateDisposition1,055 bbl$38,267
GasProduction326,084 Mcf$1,838,222
Total$1,876,490

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 27.1264, -99.2409. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.12639, -99.24094 · 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
8,776 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 8,776 ft.

Completions filed
Feb 2004
1 of 1 wells

1 well

42-50534884108,776 ftFeb 2004

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 (268)

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

268 months

May 20260234106.413.05$713
Apr 2026022298.932.87$637
Mar 2026024189.753.15$759
Feb 2026016263.503.75$608
Jan 2026020359.138.00$1,624
Dec 2025023656.664.41$1,042
Nov 2025022358.593.93$876
Oct 2025021659.383.30$714
Sep 2025024062.743.08$738
Aug 2025019663.933.01$591
Jul 2025027266.743.32$902
Jun 2025024766.483.13$773
May 2025022360.553.23$721
Apr 2025023162.363.54$818
Mar 2025014767.704.27$627
Feb 2025025670.884.34$1,111
Jan 2025027974.324.28$1,194
Dec 2024023568.993.12$734
Nov 2024025969.052.20$569
Oct 2024028271.372.28$643
Sep 2024021869.612.36$515
Aug 2024020775.632.06$427
Jul 2024030279.932.15$648
Jun 2024019378.082.63$508
May 2024020878.812.20$457
Apr 2024025284.451.66$418
Mar 2024014280.301.55$219
Feb 2024017676.091.78$314
Jan 2024023473.023.30$772
Dec 2023023571.262.61$614
Nov 2023015677.892.81$438
Oct 2023019285.443.09$593
Sep 2023020189.042.74$550
Aug 2023017680.522.67$470
Jul 2023022374.852.64$589
Jun 2023013068.962.26$294
May 2023019270.622.23$428
Apr 2023020478.122.24$457
Mar 2023021372.852.39$510
Feb 2023016175.112.47$397
Jan 2023125576.533.39$940
Dec 2022045776.415.73$2,618
Nov 2022163385.005.65$3,659
Oct 2022056687.185.86$3,319
Sep 2022150884.888.16$4,232
Aug 2022027394.529.13$2,492
Jul 20221524101.587.54$4,054
Jun 20220578115.097.98$4,611
May 20221485109.378.43$4,199
Apr 20220496104.226.84$3,391
Mar 20220253108.885.08$1,284
Feb 2022125491.054.86$1,325
Jan 2022035481.844.54$1,606
Dec 2021031071.323.90$1,209
Nov 2021031577.435.24$1,650
Oct 2021121679.795.71$1,314
Sep 2021056469.865.35$3,018
Aug 2021044766.024.22$1,887
Jul 2021131870.783.98$1,337
Jun 2021031369.493.38$1,058
May 2021132763.483.02$1,050
Apr 2021048060.362.76$1,324
Mar 2021158961.302.72$1,662
Feb 2021158157.805.55$3,281
Jan 2021185550.412.81$2,453
Dec 2020184844.642.68$2,313
Nov 2020071138.772.71$1,924
Oct 2020082036.972.48$2,032
Sep 2020163637.091.99$1,303
Aug 2020024039.982.39$572
Jul 2020155638.371.83$1,053
Jun 2020190934.901.69$1,571
May 202011,53216.921.81$2,797
Apr 2020172814.751.80$1,328
Mar 2020132730.341.86$637
Feb 2020131749.881.98$678
Jan 2020132257.252.09$732
Dec 2019132759.012.30$813
Nov 2019226655.302.75$842
Oct 2019125553.472.42$670
Sep 2019119955.052.66$584
Aug 2019222553.112.30$625
Jul 2019021156.272.46$519
Jun 2019120652.782.49$566
May 2019017258.482.74$471
Apr 2019126562.632.75$792
Mar 2019031356.803.06$958
Feb 2019084950.852.79$2,371
Jan 201901,89646.033.23$6,121
Dec 201802,98246.594.19$12,481
Nov 2018034352.934.24$1,453
Oct 2018039261.443.40$1,332
Sep 2018035759.543.11$1,110
Aug 2018033959.403.07$1,040
Jul 2018035865.142.93$1,050
Jun 2018036560.183.08$1,123
May 2018035465.382.90$1,027
Apr 2018033063.842.90$957
Mar 2018035961.222.79$1,000
Feb 2018034861.782.77$963
Jan 2018035362.874.01$1,415
Dec 2017037057.272.92$1,081
Nov 2017133555.423.12$1,100
Oct 2017033449.292.98$997
Sep 2017038247.523.09$1,179
Aug 2017136845.373.00$1,151
Jul 2017040843.873.09$1,260
Jun 2017136142.493.09$1,157
May 2017429945.373.26$1,157
Apr 20171036447.933.21$1,648
Mar 2017024446.772.98$728
Feb 2017128050.452.95$877
Jan 2017033549.413.42$1,145
Dec 2016036048.763.72$1,340
Nov 2016045442.492.64$1,201
Oct 2016035146.193.09$1,085
Sep 20161931441.553.10$1,763
Aug 2016035741.442.92$1,044
Jul 2016038641.622.92$1,129
Jun 2016337745.352.69$1,149
May 2016039142.521.99$779
Apr 2016035636.561.99$709
Mar 2016042433.011.79$761
Feb 2016326626.472.06$628
Jan 2016027027.352.36$638
Dec 20150032.362.00$0
Nov 201508238.792.17$178
Oct 2015021643.552.43$524
Sep 2015029642.992.76$816
Aug 2015041440.162.87$1,189
Jul 2015035448.152.95$1,043
Jun 2015026056.152.88$750
May 2015040255.212.96$1,188
Apr 2015036549.822.71$988
Mar 2015032442.892.93$951
Feb 2015029744.662.98$884
Jan 2015051743.433.10$1,603
Dec 2014056954.693.59$2,043
Nov 2014037070.464.25$1,573
Oct 2014050478.303.90$1,966
Sep 2014070586.164.05$2,852
Aug 2014046989.394.04$1,892
Jul 201401,17096.564.18$4,890
Jun 201402,08198.164.74$9,857
May 2014056294.734.73$2,656
Apr 2014064895.944.81$3,116
Mar 2014055095.895.06$2,781
Feb 2014057597.406.19$3,560
Jan 2014042590.404.86$2,066
Dec 2013061691.824.35$2,682
Nov 2013058588.853.74$2,187
Oct 2013063697.423.78$2,404
Sep 20130530104.113.72$1,970
Aug 20130520104.253.52$1,832
Jul 20130577102.523.72$2,145
Jun 2013054194.403.93$2,128
May 2013051894.834.15$2,149
Apr 2013049293.964.28$2,107
Mar 2013053193.623.91$2,078
Feb 2013050991.233.42$1,741
Jan 2013056891.603.42$1,943
Dec 2012060486.773.42$2,066
Nov 2012055286.953.62$2,001
Oct 2012061589.383.40$2,091
Sep 2012049994.672.92$1,456
Aug 2012053192.662.91$1,544
Jul 2012156885.133.02$1,801
Jun 2012061579.822.52$1,549
May 2012048591.612.49$1,207
Apr 20120597101.652.00$1,192
Mar 20120572105.052.22$1,271
Feb 20120632101.102.57$1,624
Jan 2012058198.092.73$1,589
Dec 2011065996.873.24$2,135
Nov 2011054495.723.31$1,801
Oct 2011057884.983.65$2,109
Sep 2011045583.623.99$1,814
Aug 2011065883.404.15$2,730
Jul 2011085494.144.52$3,858
Jun 201101,39092.904.64$6,449
May 201101,57898.134.40$6,951
Apr 20110531105.964.33$2,301
Mar 2011048396.364.06$1,960
Feb 2011042385.644.18$1,768
Jan 2011043586.504.59$1,996
Dec 2010053785.734.35$2,335
Nov 2010050680.843.80$1,920
Oct 2010041078.103.51$1,439
Sep 2010045272.633.98$1,799
Aug 2010044473.684.42$1,962
Jul 2010044572.554.74$2,108
Jun 2010052670.364.91$2,583
May 2010035771.124.24$1,512
Apr 20100081.694.12$0
Mar 2010041778.394.39$1,830
Feb 2010051573.585.44$2,803
Jan 2010059274.365.96$3,531
Dec 2009071971.445.48$3,943
Nov 200901,08574.593.75$4,070
Oct 2009055872.544.11$2,294
Sep 2009068265.543.06$2,090
Aug 200901,44567.423.22$4,651
Jul 200901,06361.133.46$3,683
Jun 200901,09166.163.90$4,249
May 2009099754.743.93$3,914
Apr 2009096746.773.59$3,469
Mar 2009085142.144.06$3,454
Feb 2009078432.814.63$3,632
Jan 2009083535.865.37$4,485
Dec 2008082037.105.98$4,901
Nov 2008090455.496.86$6,202
Oct 200801,01875.246.92$7,047
Sep 20080974101.767.88$7,672
Aug 200801,124114.228.48$9,535
Jul 200801,204131.0811.39$13,713
Jun 200801,040131.3313.03$13,554
May 200801,017123.1711.57$11,771
Apr 20080945110.3110.45$9,880
Mar 200801,042101.909.66$10,070
Feb 2008091292.538.77$7,999
Jan 200801,15590.388.21$9,478
Dec 200701,19288.337.30$8,704
Nov 2007089891.677.29$6,548
Oct 2007071882.856.92$4,970
Sep 2007081675.846.24$5,095
Aug 200701,04369.066.39$6,663
Jul 200701,14070.906.39$7,282
Jun 2007093162.007.55$7,028
May 2007093758.747.85$7,352
Apr 2007084359.617.81$6,580
Mar 200701,00656.927.30$7,346
Feb 2007081555.108.22$6,696
Jan 2007095750.306.73$6,438
Dec 2006088856.656.92$6,144
Nov 200601,12254.207.62$8,547
Oct 200601,10954.906.01$6,669
Sep 200601,18160.085.04$5,949
Aug 200601,35668.717.34$9,953
Jul 2006066869.376.34$4,237
Jun 2006082566.286.38$5,267
May 20062499666.016.42$7,984
Apr 200601,52464.397.36$11,217
Mar 200601,72056.707.08$12,183
Feb 200601,87557.597.75$14,533
Jan 200601,85060.598.93$16,527
Dec 200501,63054.9413.42$21,867
Nov 200501,55354.6910.59$16,444
Oct 200502,48458.3413.80$34,269
Sep 200502,97961.4512.08$35,983
Aug 200504,47761.519.80$43,860
Jul 200501,57255.697.84$12,330
Jun 2005093952.337.38$6,931
May 2005096345.226.65$6,405
Apr 200511,49549.207.36$11,053
Mar 200502,53850.377.15$18,159
Feb 20050045.226.31$0
Jan 2005033143.166.32$2,093
Dec 200431,89539.866.75$12,913
Nov 200404,22345.286.33$26,733
Oct 200402,50449.706.52$16,314
Sep 200434,26143.245.28$22,644
Aug 200403,78942.375.55$21,031
Jul 2004595,51138.286.08$35,788
Jun 2004010,91536.106.43$70,216
May 200416412,51437.486.49$87,420
Apr 200417419,33034.475.86$119,242
Mar 200417637,56534.365.53$213,787
Feb 200437765,59032.455.51$373,610

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                  234 Mcf  × $  3.05 =       $713

────────────────────────────────────────────────────
Month total                                     $713

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/201375 is the state's own key, not one this site invented.