BENAVIDES FMT

Operated by SMITH PRODUCTION INC. (P-5 789662) 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 229572District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Jun 2007 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
228
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 Gas112008-08-28184859
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
CondensateDisposition92 bbl$5,612
GasProduction198,675 Mcf$1,025,066
Total$1,030,678

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 27.5441, -98.8628. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.54408, -98.86282 · 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
12,200 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 12,200 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-47939768912,200 ftAug 2007

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 (228)

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

228 months

May 20260176106.413.05$536
Apr 2026027798.932.87$795
Mar 2026021989.753.15$690
Feb 2026028563.503.75$1,069
Jan 2026026859.138.00$2,143
Dec 2025524356.664.41$1,356
Nov 2025047058.593.93$1,845
Oct 2025031359.383.30$1,034
Sep 202509762.743.08$298
Aug 2025025863.933.01$778
Jul 2025029766.743.32$985
Jun 2025021466.483.13$670
May 2025012660.553.23$407
Apr 2025046162.363.54$1,633
Mar 2025046567.704.27$1,985
Feb 2025043470.884.34$1,884
Jan 2025038674.324.28$1,652
Dec 2024048768.993.12$1,520
Nov 2024047169.052.20$1,035
Oct 2024043071.372.28$981
Sep 2024034469.612.36$813
Aug 2024068375.632.06$1,409
Jul 2024042879.932.15$919
Jun 2024049278.082.63$1,296
May 2024048478.812.20$1,064
Apr 2024044884.451.66$743
Mar 2024041880.301.55$646
Feb 2024042476.091.78$756
Jan 2024019773.023.30$650
Dec 2023012271.262.61$319
Nov 2023013377.892.81$373
Oct 2023049285.443.09$1,519
Sep 2023037189.042.74$1,015
Aug 2023054180.522.67$1,446
Jul 2023748574.852.64$1,805
Jun 2023046868.962.26$1,057
May 2023043470.622.23$967
Apr 2023037078.122.24$828
Mar 2023044872.852.39$1,072
Feb 2023045175.112.47$1,112
Jan 2023046876.533.39$1,585
Dec 2022038076.415.73$2,177
Nov 2022048585.005.65$2,738
Oct 2022037887.185.86$2,217
Sep 2022040684.888.16$3,314
Aug 2022047394.529.13$4,317
Jul 20220500101.587.54$3,771
Jun 20220497115.097.98$3,965
May 20220602109.378.43$5,077
Apr 20220584104.226.84$3,993
Mar 20220438108.885.08$2,223
Feb 2022045891.054.86$2,225
Jan 2022070781.844.54$3,208
Dec 202101,04371.323.90$4,067
Nov 2021093977.435.24$4,917
Oct 2021064179.795.71$3,663
Sep 202101,20969.865.35$6,469
Aug 2021038966.024.22$1,642
Jul 2021071470.783.98$2,843
Jun 2021028569.493.38$963
May 202101,11263.483.02$3,356
Apr 20213060.362.76$181
Mar 2021533161.302.72$1,206
Feb 2021025557.805.55$1,415
Jan 2021030150.412.81$846
Dec 2020020644.642.68$551
Nov 2020034738.772.71$939
Oct 2020018636.972.48$461
Sep 2020025737.091.99$512
Aug 2020032539.982.39$775
Jul 2020027438.371.83$500
Jun 2020029034.901.69$490
May 2020017216.921.81$312
Apr 2020012014.751.80$217
Mar 2020021830.341.86$405
Feb 2020028849.881.98$570
Jan 2020022757.252.09$476
Dec 2019032459.012.30$747
Nov 2019014155.302.75$388
Oct 2019024053.472.42$580
Sep 2019018555.052.66$492
Aug 2019022553.112.30$518
Jul 2019035856.272.46$881
Jun 2019024052.782.49$598
May 2019023458.482.74$641
Apr 2019030562.632.75$839
Mar 2019036756.803.06$1,124
Feb 201905750.852.79$159
Jan 2019011446.033.23$368
Dec 2018015446.594.19$645
Nov 2018010852.934.24$458
Oct 201801,53761.443.40$5,223
Sep 20180059.543.11$0
Aug 201802,33559.403.07$7,160
Jul 201803465.142.93$100
Jun 20180060.183.08$0
May 201801,40865.382.90$4,084
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018034561.782.77$954
Jan 2018086062.874.01$3,448
Dec 201708957.272.92$260
Nov 2017058855.423.12$1,834
Oct 2017058149.292.98$1,734
Sep 2017070347.523.09$2,170
Aug 2017079645.373.00$2,392
Jul 20170043.873.09$0
Jun 2017028742.493.09$886
May 201701,00445.373.26$3,276
Apr 2017036347.933.21$1,166
Mar 2017057246.772.98$1,707
Feb 201714050.452.95$706
Jan 2017054849.413.42$1,874
Dec 2016063548.763.72$2,364
Nov 2016082942.492.64$2,192
Oct 2016045346.193.09$1,400
Sep 2016068441.553.10$2,121
Aug 201601,12641.442.92$3,293
Jul 2016035041.622.92$1,024
Jun 20162756345.352.69$2,737
May 201602,56942.521.99$5,115
Apr 201602,26336.561.99$4,506
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 20151055.212.96$55
Apr 2015220749.822.71$660
Mar 2015082742.892.93$2,427
Feb 2015431044.662.98$1,101
Jan 2015057143.433.10$1,770
Dec 2014076654.693.59$2,751
Nov 201451,06770.464.25$4,889
Oct 2014739478.303.90$2,085
Sep 2014076886.164.05$3,107
Aug 2014081689.394.04$3,293
Jul 2014886596.564.18$4,388
Jun 2014082998.164.74$3,927
May 2014077494.734.73$3,658
Apr 201431,24195.944.81$6,256
Mar 2014034395.895.06$1,734
Feb 2014072697.406.19$4,495
Jan 2014032590.404.86$1,580
Dec 201311,07391.824.35$4,764
Nov 2013053688.853.74$2,004
Oct 2013062297.423.78$2,351
Sep 20130707104.113.72$2,628
Aug 20130624104.253.52$2,198
Jul 20130518102.523.72$1,926
Jun 2013071594.403.93$2,812
May 2013088394.834.15$3,664
Apr 2013067493.964.28$2,886
Mar 2013067893.623.91$2,653
Feb 2013046291.233.42$1,580
Jan 2013070991.603.42$2,425
Dec 2012071986.773.42$2,459
Nov 2012075686.953.62$2,740
Oct 2012079089.383.40$2,686
Sep 2012077994.672.92$2,273
Aug 2012099292.662.91$2,885
Jul 2012040485.133.02$1,220
Jun 2012075979.822.52$1,912
May 2012075391.612.49$1,874
Apr 20120739101.652.00$1,476
Mar 20120898105.052.22$1,995
Feb 20120988101.102.57$2,539
Jan 2012091998.092.73$2,513
Dec 2011070396.873.24$2,278
Nov 2011083395.723.31$2,758
Oct 2011074184.983.65$2,704
Sep 2011078683.623.99$3,133
Aug 2011087483.404.15$3,627
Jul 2011090494.144.52$4,084
Jun 201101,27192.904.64$5,897
May 2011096698.134.40$4,255
Apr 20110841105.964.33$3,644
Mar 201101,10896.364.06$4,496
Feb 201101,24585.644.18$5,204
Jan 2011070786.504.59$3,244
Dec 201001,14885.734.35$4,991
Nov 201001,16280.843.80$4,410
Oct 2010085378.103.51$2,993
Sep 2010099172.633.98$3,944
Aug 2010099373.684.42$4,388
Jul 201001,08472.554.74$5,134
Jun 201001,01170.364.91$4,964
May 201001,08771.124.24$4,604
Apr 201001,12581.694.12$4,638
Mar 201001,05978.394.39$4,648
Feb 2010071873.585.44$3,908
Jan 201001,13574.365.96$6,769
Dec 200901,21871.445.48$6,679
Nov 200901,00974.593.75$3,785
Oct 200901,29972.544.11$5,339
Sep 200901,32965.543.06$4,073
Aug 200901,34467.423.22$4,326
Jul 200901,50061.133.46$5,197
Jun 200901,39466.163.90$5,430
May 200901,54354.743.93$6,057
Apr 200901,54546.773.59$5,543
Mar 200901,46642.144.06$5,950
Feb 200901,72832.814.63$8,006
Jan 200902,53435.865.37$13,610
Dec 200802,62837.105.98$15,708
Nov 200802,63955.496.86$18,104
Oct 200803,63975.246.92$25,189
Sep 200803,024101.767.88$23,820
Aug 200802,653114.228.48$22,505
Jul 200802,929131.0811.39$33,360
Jun 200802,221131.3313.03$28,945
May 200801,391123.1711.57$16,100
Apr 200801,324110.3110.45$13,842
Mar 200801,513101.909.66$14,622
Feb 200801,32592.538.77$11,621
Jan 200802,48990.388.21$20,424
Dec 200703,60488.337.30$26,316
Nov 200703,53591.677.29$25,776
Oct 200703,97782.856.92$27,529
Sep 200704,34275.846.24$27,112
Aug 2007012,34769.066.39$78,872
Jul 200706,39570.906.39$40,851
Jun 2007011,23162.007.55$84,777

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                  176 Mcf  × $  3.05 =       $536

────────────────────────────────────────────────────
Month total                                     $536

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/229572 is the state's own key, not one this site invented.