BENAVIDES FMT

Operated by EOG RESOURCES, INC. (P-5 253162) in the TIFFANY (WILCOX CARRIZO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 207405District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Feb 2005 – Jan 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
144
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 151 leases and 151 wells, and the rule below applies to all of them.

Discovered
1983-10-25
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 2006-08-08.

The Commission's schedule remark for this field reads: PER DOCKET #04-0260608 TAKE POINTS ADDED FOR HORIZONTAL WELLS.

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 Gas112005-06-17162061
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
CondensateDisposition4,447 bbl$329,442
GasProduction541,566 Mcf$4,507,458
Total$4,836,900

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 27.5341, -98.8769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.53410, -98.87689 · 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
12,918 ft
1 wells filed one
Completion to plug
11.9 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 12,918 ft.

Completions filed
Feb 2005
1 of 1 wells
Plug dates filed
Jan 2017
1 of 1 wells

Last completion to plug: a median of 11.9 years across the 1 well that filed both dates, with the middle half between 11.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47938933412,918 ftFeb 2005Jan 2017Yes

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 (144)

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

144 months

Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
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 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
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 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090132.814.63$5
Jan 200923635.865.37$265
Dec 200835137.105.98$416
Nov 2008820755.496.86$1,864
Oct 2008440875.246.92$3,125
Sep 2008183101.767.88$756
Aug 20082103114.228.48$1,102
Jul 200882166131.0811.39$12,639
Jun 20081261,556131.3313.03$36,826
May 20081832,831123.1711.57$55,307
Apr 20082542,732110.3110.45$56,581
Mar 20083213,223101.909.66$63,857
Feb 20083892,95492.538.77$61,902
Jan 20082173,32790.388.21$46,913
Dec 2007852,61788.337.30$26,617
Nov 2007533,05091.677.29$27,098
Oct 2007363,16882.856.92$24,911
Sep 200703,08775.846.24$19,276
Aug 2007911,12769.066.39$13,484
Jul 200701,44070.906.39$9,199
Jun 2007365,63262.007.55$44,745
May 2007884,94458.747.85$43,961
Apr 2007325,39559.617.81$44,017
Mar 2007284,77856.927.30$36,483
Feb 2007251,30755.108.22$12,116
Jan 2007274,33150.306.73$30,492
Dec 2006796,23556.656.92$47,612
Nov 2006726,85954.207.62$56,151
Oct 2006384,10854.906.01$26,791
Sep 2006824,96660.085.04$29,941
Aug 2006517,02268.717.34$55,045
Jul 2006237,30569.376.34$47,929
Jun 2006357,11366.286.38$47,728
May 200668,38066.016.42$54,238
Apr 200634,05864.397.36$30,062
Mar 2006116,10556.707.08$43,865
Feb 20062516,49457.597.75$129,287
Jan 20064125,06860.598.93$226,425
Dec 200512827,56054.9413.42$376,761
Nov 200513220,53354.6910.59$224,631
Oct 200528344,45458.3413.80$629,787
Sep 2005733,99461.4512.08$52,729
Aug 20055918,82961.519.80$188,094
Jul 200511123,36355.697.84$189,433
Jun 200510828,79652.337.38$218,196
May 200522137,05145.226.65$256,426
Apr 200525239,02149.207.36$299,612
Mar 200541459,30950.377.15$445,202
Feb 200510776,38945.226.31$487,000

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.

Feb 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 32.81 =         $0
Gas                    1 Mcf  × $  4.63 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/207405 is the state's own key, not one this site invented.