BENAVIDES F. M. T.

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 233969District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.4 M
Nov 2007 – May 2026
Value, last 12 filed months
$75 k
at the published price for each month
Months reported
223
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 Gas112008-08-28184857
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
CondensateDisposition3,985 bbl$283,017
GasProduction2,242,944 Mcf$15,162,662
Total$15,445,679

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 27.5496, -98.8658. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.54960, -98.86585 · 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
10,524 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 10,524 ft.

Completions filed
Dec 2007
1 of 1 wells

1 well

42-4793992911H10,524 ftDec 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 (223)

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

223 months

May 202602,373106.413.05$7,228
Apr 202601,50498.932.87$4,316
Mar 202601,67589.753.15$5,275
Feb 2026076563.503.75$2,869
Jan 202601,91059.138.00$15,276
Dec 202532,45856.664.41$11,018
Nov 202501,79658.593.93$7,052
Oct 2025072759.383.30$2,403
Sep 202501,15762.743.08$3,560
Aug 202501,71063.933.01$5,155
Jul 202501,65266.743.32$5,477
Jun 202501,75466.483.13$5,488
May 202502,29560.553.23$7,418
Apr 202501,73062.363.54$6,130
Mar 2025096767.704.27$4,127
Feb 202501,68270.884.34$7,301
Jan 202502,76374.324.28$11,822
Dec 202401,20268.993.12$3,752
Nov 202402,00269.052.20$4,401
Oct 202402,77871.372.28$6,338
Sep 202405069.612.36$118
Aug 202401,60775.632.06$3,316
Jul 202401,80679.932.15$3,877
Jun 202401,84778.082.63$4,865
May 202401,63278.812.20$3,588
Apr 202401,63184.451.66$2,706
Mar 202403,19180.301.55$4,931
Feb 2024048776.091.78$869
Jan 202402,68273.023.30$8,844
Dec 202302,39471.262.61$6,250
Nov 202302,43077.892.81$6,822
Oct 20230785.443.09$22
Sep 202301,04689.042.74$2,861
Aug 202302,85180.522.67$7,620
Jul 2023644,49074.852.64$16,652
Jun 202306,57868.962.26$14,856
May 20230070.622.23$0
Apr 20230278.122.24$4
Mar 202366072.852.39$4,808
Feb 20230275.112.47$5
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202249085.005.65$4,165
Oct 20220087.185.86$0
Sep 202202,16784.888.16$17,691
Aug 202206,95594.529.13$63,479
Jul 202263416101.587.54$9,537
Jun 202204,352115.097.98$34,717
May 202201,112109.378.43$9,378
Apr 20220923104.226.84$6,311
Mar 202201,077108.885.08$5,467
Feb 202201,42591.054.86$6,924
Jan 202202,39281.844.54$10,854
Dec 2021462,61871.323.90$13,489
Nov 202105,72877.435.24$29,997
Oct 20210079.795.71$0
Sep 202101369.865.35$70
Aug 20210066.024.22$0
Jul 202103670.783.98$143
Jun 20216698469.493.38$7,913
May 202102,56663.483.02$7,743
Apr 202102,82760.362.76$7,798
Mar 202102,73461.302.72$7,428
Feb 202102,16757.805.55$12,022
Jan 2021652,55250.412.81$10,448
Dec 202002,22544.642.68$5,953
Nov 202002,87638.772.71$7,784
Oct 202002,27936.972.48$5,648
Sep 202002,15137.091.99$4,283
Aug 2020522,83939.982.39$8,850
Jul 202003,06838.371.83$5,599
Jun 202002,73234.901.69$4,618
May 202002,63716.921.81$4,786
Apr 202002,61414.751.80$4,717
Mar 202002,56830.341.86$4,767
Feb 2020702,22049.881.98$7,889
Jan 202001,22857.252.09$2,572
Dec 201902,94059.012.30$6,775
Nov 201903,02055.302.75$8,307
Oct 201903,06053.472.42$7,401
Sep 201903,11855.052.66$8,285
Aug 20192183,13753.112.30$18,807
Jul 201902,90856.272.46$7,154
Jun 201902,62652.782.49$6,542
May 201903,83158.482.74$10,498
Apr 201902,93262.632.75$8,065
Mar 201903,60556.803.06$11,039
Feb 201903,00450.852.79$8,388
Jan 201903,05846.033.23$9,872
Dec 201803,00546.594.19$12,577
Nov 201804,10352.934.24$17,385
Oct 201803,63161.443.40$12,338
Sep 201802,53559.543.11$7,879
Aug 201804,20759.403.07$12,901
Jul 201802,86965.142.93$8,412
Jun 201802,59560.183.08$7,985
May 201804,09465.382.90$11,876
Apr 201802,27863.842.90$6,608
Mar 201802,76161.222.79$7,694
Feb 201804,99261.782.77$13,808
Jan 201802,54162.874.01$10,188
Dec 2017018857.272.92$549
Nov 201703,42955.423.12$10,693
Oct 201703,77149.292.98$11,251
Sep 201705,52947.523.09$17,070
Aug 201704,52045.373.00$13,580
Jul 201738043.873.09$1,667
Jun 201704,11142.493.09$12,692
May 201704,88345.373.26$15,935
Apr 201703,59447.933.21$11,542
Mar 201753,23546.772.98$9,886
Feb 2017015850.452.95$467
Jan 2017304,16749.413.42$15,728
Dec 201604,40448.763.72$16,395
Nov 201603,49842.492.64$9,250
Oct 201604,99246.193.09$15,427
Sep 201604,63641.553.10$14,375
Aug 201604,21841.442.92$12,335
Jul 201603,47041.622.92$10,147
Jun 2016105,20445.352.69$14,431
May 201603,49642.521.99$6,961
Apr 201603,52236.561.99$7,012
Mar 201604,73533.011.79$8,495
Feb 201615,37126.472.06$11,110
Jan 201603,64127.352.36$8,609
Dec 201503,24232.362.00$6,489
Nov 201522,42838.792.17$5,340
Oct 201502,07843.552.43$5,042
Sep 201503,93542.992.76$10,854
Aug 201504,32940.162.87$12,435
Jul 201535,90748.152.95$17,541
Jun 201502,23356.152.88$6,437
May 201524,05755.212.96$12,101
Apr 201531,22349.822.71$3,460
Mar 201503,62442.892.93$10,635
Feb 201564,73044.662.98$14,345
Jan 201502,89543.433.10$8,976
Dec 201403,82954.693.59$13,751
Nov 201493,60270.464.25$15,949
Oct 201494,14578.303.90$16,874
Sep 201404,90186.164.05$19,827
Aug 201404,15289.394.04$16,754
Jul 201482,33996.564.18$10,549
Jun 201405,24498.164.74$24,840
May 201405,44894.734.73$25,750
Apr 201484,25095.944.81$21,206
Mar 201404,62895.895.06$23,403
Feb 201405,93897.406.19$36,768
Jan 201401,38190.404.86$6,713
Dec 201320191.824.35$1,841
Nov 201307,42888.853.74$27,768
Oct 201302,46697.423.78$9,320
Sep 2013283,652104.113.72$16,492
Aug 201307,304104.253.52$25,729
Jul 20130342102.523.72$1,271
Jun 201343,03494.403.93$12,312
May 201344,53594.834.15$19,195
Apr 201305,73493.964.28$24,556
Mar 201304,76493.623.91$18,641
Feb 201304,49791.233.42$15,379
Jan 201313,06491.603.42$10,570
Dec 201206,49686.773.42$22,217
Nov 201203,17086.953.62$11,491
Oct 201225,75289.383.40$19,734
Sep 201224,08694.672.92$12,114
Aug 201204,63392.662.91$13,474
Jul 201201,98785.133.02$6,002
Jun 201214,87679.822.52$12,363
May 201203,56091.612.49$8,858
Apr 201244,163101.652.00$8,719
Mar 201255,765105.052.22$13,336
Feb 201274,218101.102.57$11,549
Jan 201205,83598.092.73$15,953
Dec 2011146,86596.873.24$23,597
Nov 201106,48795.723.31$21,480
Oct 2011157,24584.983.65$27,708
Sep 2011215,43283.623.99$23,407
Aug 201107,40483.404.15$30,722
Jul 201107,63394.144.52$34,480
Jun 2011367,01292.904.64$35,879
May 2011367,34698.134.40$35,890
Apr 2011349,240105.964.33$43,642
Mar 201108,35796.364.06$33,907
Feb 2011387,07785.644.18$32,836
Jan 2011218,74586.504.59$41,945
Dec 2010010,86185.734.35$47,221
Nov 2010011,60580.843.80$44,045
Oct 2010169,43478.103.51$34,352
Sep 20102712,49472.633.98$51,681
Aug 201008,76073.684.42$38,714
Jul 20103711,80772.554.74$58,608
Jun 20103612,90670.364.91$65,907
May 20104110,23671.124.24$46,268
Apr 20104014,17581.694.12$61,707
Mar 20104412,67678.394.39$59,080
Feb 20103711,64273.585.44$66,082
Jan 20102114,07374.365.96$85,494
Dec 20092115,18071.445.48$84,744
Nov 20092115,40374.593.75$59,351
Oct 20092116,42272.544.11$69,022
Sep 20092314,94265.543.06$47,301
Aug 20094117,48167.423.22$59,027
Jul 20098318,66661.133.46$69,742
Jun 200915120,89966.163.90$91,392
May 20098120,98954.743.93$86,832
Apr 200925224,41146.773.59$99,361
Mar 200916025,77342.144.06$111,355
Feb 200916627,61732.814.63$133,396
Jan 200921927,36135.865.37$154,809
Dec 200812030,03837.105.98$183,993
Nov 200820729,01455.496.86$210,533
Oct 200817132,97075.246.92$241,084
Sep 200810816,206101.767.88$138,646
Aug 200825933,916114.228.48$317,293
Jul 200826572,411131.0811.39$859,456
Jun 2008689,385131.3313.03$1,165,710
May 2008781,655123.1711.57$945,961
Apr 20081275,852110.3110.45$794,346
Mar 200824118,102101.909.66$1,143,792
Feb 200842201,18292.538.77$1,768,369
Jan 200827293,91690.388.21$2,414,236
Dec 200710194,00588.337.30$1,417,502
Nov 20070091.677.29$0

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                2,373 Mcf  × $  3.05 =     $7,228

────────────────────────────────────────────────────
Month total                                   $7,228

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/233969 is the state's own key, not one this site invented.