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 239566District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.7 M
Apr 2008 – May 2026
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
218
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 Gas112009-01-23188356
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
CondensateDisposition4,887 bbl$389,469
GasProduction1,478,313 Mcf$9,294,265
Total$9,683,734

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 27.5469, -98.8733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.54694, -98.87334 · 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
10,598 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 10,598 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-4794013412H10,598 ftApr 2008

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 (218)

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

218 months

May 20260689106.413.05$2,099
Apr 2026094798.932.87$2,718
Mar 202601,91989.753.15$6,044
Feb 202605,00263.503.75$18,759
Jan 2026074459.138.00$5,950
Dec 20251175756.664.41$3,964
Nov 2025084158.593.93$3,302
Oct 2025087259.383.30$2,882
Sep 2025083262.743.08$2,560
Aug 2025092463.933.01$2,786
Jul 2025079866.743.32$2,646
Jun 2025087266.483.13$2,728
May 2025077560.553.23$2,505
Apr 2025095062.363.54$3,366
Mar 2025091667.704.27$3,910
Feb 2025083570.884.34$3,625
Jan 2025097974.324.28$4,189
Dec 2024095668.993.12$2,984
Nov 2024071569.052.20$1,572
Oct 202401,14371.372.28$2,608
Sep 202401,16369.612.36$2,750
Aug 202401,05575.632.06$2,177
Jul 2024082479.932.15$1,769
Jun 202401,19678.082.63$3,150
May 202401,46478.812.20$3,219
Apr 202401,65284.451.66$2,741
Mar 202402,27380.301.55$3,512
Feb 2024099776.091.78$1,778
Jan 2024076873.023.30$2,533
Dec 2023054571.262.61$1,423
Nov 2023048077.892.81$1,348
Oct 2023061285.443.09$1,889
Sep 202301,12489.042.74$3,074
Aug 2023084780.522.67$2,264
Jul 2023094074.852.64$2,483
Jun 2023060368.962.26$1,362
May 2023065170.622.23$1,450
Apr 2023065078.122.24$1,455
Mar 202301,18372.852.39$2,831
Feb 2023025475.112.47$626
Jan 2023068376.533.39$2,314
Dec 2022066676.415.73$3,816
Nov 2022068785.005.65$3,879
Oct 2022052087.185.86$3,049
Sep 2022035284.888.16$2,874
Aug 2022066894.529.13$6,097
Jul 20220567101.587.54$4,276
Jun 202201,180115.097.98$9,413
May 20220911109.378.43$7,683
Apr 20220883104.226.84$6,038
Mar 20220860108.885.08$4,366
Feb 2022064291.054.86$3,119
Jan 2022068881.844.54$3,122
Dec 2021065871.323.90$2,566
Nov 202101,85177.435.24$9,693
Oct 2021071079.795.71$4,057
Sep 2021030969.865.35$1,653
Aug 2021059866.024.22$2,524
Jul 2021092570.783.98$3,683
Jun 2021087169.493.38$2,945
May 2021075063.483.02$2,263
Apr 202101,07160.362.76$2,954
Mar 2021061361.302.72$1,665
Feb 2021091957.805.55$5,099
Jan 2021063650.412.81$1,787
Dec 2020077944.642.68$2,084
Nov 2020092238.772.71$2,495
Oct 2020090036.972.48$2,231
Sep 2020052937.091.99$1,053
Aug 2020092439.982.39$2,204
Jul 2020066338.371.83$1,210
Jun 202001,00234.901.69$1,694
May 202001,18616.921.81$2,152
Apr 2020098014.751.80$1,768
Mar 202001,22530.341.86$2,274
Feb 2020090649.881.98$1,794
Jan 2020056657.252.09$1,186
Dec 2019074859.012.30$1,724
Nov 201901,20855.302.75$3,323
Oct 201901,11853.472.42$2,704
Sep 2019068855.052.66$1,828
Aug 201901,09253.112.30$2,516
Jul 201901,01456.272.46$2,495
Jun 201901,08152.782.49$2,693
May 2019074358.482.74$2,036
Apr 201901,13162.632.75$3,111
Mar 201901,43456.803.06$4,391
Feb 2019094150.852.79$2,627
Jan 2019092146.033.23$2,973
Dec 2018098746.594.19$4,131
Nov 201801,05052.934.24$4,449
Oct 201801,67961.443.40$5,705
Sep 201801,06759.543.11$3,316
Aug 201801,13759.403.07$3,487
Jul 201803,54665.142.93$10,396
Jun 201801,23360.183.08$3,794
May 2018078465.382.90$2,274
Apr 2018086863.842.90$2,518
Mar 201802,72361.222.79$7,589
Feb 2018063161.782.77$1,745
Jan 201801,64262.874.01$6,583
Dec 2017039257.272.92$1,145
Nov 201701,46655.423.12$4,572
Oct 201701,47049.292.98$4,386
Sep 201702,38447.523.09$7,360
Aug 201701,99745.373.00$6,000
Jul 20170043.873.09$0
Jun 201701,03542.493.09$3,195
May 201702,22645.373.26$7,264
Apr 201702,88347.933.21$9,259
Mar 201703,41146.772.98$10,177
Feb 201730050.452.95$1,514
Jan 2017303,11849.413.42$12,142
Dec 201601,68148.763.72$6,258
Nov 201601,70842.492.64$4,517
Oct 201602,85046.193.09$8,807
Sep 201602,22141.553.10$6,887
Aug 201601,62541.442.92$4,752
Jul 201601,64841.622.92$4,819
Jun 2016211,42245.352.69$4,772
May 201601,01742.521.99$2,025
Apr 201601,54936.561.99$3,084
Mar 201601,85133.011.79$3,321
Feb 20163995026.472.06$2,993
Jan 201601,35527.352.36$3,204
Dec 201501,41332.362.00$2,828
Nov 20151051,74038.792.17$7,844
Oct 201501,98343.552.43$4,812
Sep 201501,86042.992.76$5,131
Aug 201504,38940.162.87$12,607
Jul 20151033,27448.152.95$14,602
Jun 201503,65456.152.88$10,534
May 20151181,75855.212.96$11,710
Apr 20151222,45049.822.71$12,709
Mar 201506,59642.892.93$19,357
Feb 2015536,47044.662.98$21,623
Jan 201505,05143.433.10$15,661
Dec 201404,78954.693.59$17,199
Nov 2014344,29670.464.25$20,662
Oct 2014384,64578.303.90$21,095
Sep 201404,02586.164.05$16,283
Aug 201404,75489.394.04$19,183
Jul 2014298,28296.564.18$37,416
Jun 201404,08698.164.74$19,355
May 201403,86594.734.73$18,268
Apr 2014457,02495.944.81$38,097
Mar 201407,04695.895.06$35,630
Feb 201403,18897.406.19$19,740
Jan 201404,22490.404.86$20,532
Dec 2013387,88091.824.35$37,802
Nov 201301,19988.853.74$4,482
Oct 201307,08897.423.78$26,788
Sep 2013496,760104.113.72$30,233
Aug 201305,671104.253.52$19,977
Jul 201309,946102.523.72$36,977
Jun 2013344,03494.403.93$19,077
May 20134387594.834.15$7,708
Apr 201302,41193.964.28$10,325
Mar 2013025193.623.91$982
Feb 201306,77691.233.42$23,173
Jan 2013145,84791.603.42$21,279
Dec 201205,18286.773.42$17,723
Nov 201205,10886.953.62$18,516
Oct 2012618,11989.383.40$33,054
Sep 2012809,08194.672.92$34,076
Aug 201203,93692.662.91$11,447
Jul 201204,65285.133.02$14,053
Jun 2012456,97779.822.52$21,167
May 201206,73291.612.49$16,751
Apr 2012857,244101.652.00$23,105
Mar 2012778,433105.052.22$26,828
Feb 2012708,572101.102.57$29,109
Jan 201209,16198.092.73$25,047
Dec 2011269,43296.873.24$33,076
Nov 2011010,10895.723.31$33,470
Oct 20112610,44984.983.65$40,333
Sep 2011328,12983.623.99$35,076
Aug 201108,51283.404.15$35,319
Jul 2011012,02094.144.52$54,297
Jun 20114410,19392.904.64$51,382
May 20114310,40798.134.40$50,061
Apr 2011469,908105.964.33$47,808
Mar 2011012,08596.364.06$49,033
Feb 20114810,30985.644.18$47,202
Jan 20113811,64186.504.59$56,705
Dec 2010014,24485.734.35$61,929
Nov 2010013,56880.843.80$51,495
Oct 20101513,77378.103.51$49,499
Sep 20102412,13472.633.98$50,030
Aug 2010014,68073.684.42$64,876
Jul 20103414,26772.554.74$70,042
Jun 20103613,70170.364.91$69,810
May 20103614,39871.124.24$63,539
Apr 20103416,27181.694.12$69,858
Mar 20103913,77578.394.39$63,511
Feb 20104611,41573.585.44$65,509
Jan 201011615,03474.365.96$98,290
Dec 200911316,30971.445.48$97,507
Nov 200910916,50274.593.75$70,038
Oct 200910917,62272.544.11$80,338
Sep 200910315,30965.543.06$53,669
Aug 200910116,88267.423.22$61,144
Jul 20098617,95261.133.46$67,452
Jun 200916419,35166.163.90$86,222
May 20098721,09854.743.93$87,588
Apr 200925823,26046.773.59$95,512
Mar 200916922,76042.144.06$99,505
Feb 200917026,57232.814.63$128,686
Jan 20098224,86535.865.37$136,490
Dec 20083028,25737.105.98$170,009
Nov 20084730,10955.496.86$209,167
Oct 20089230,82475.246.92$220,285
Sep 20084139,616101.767.88$316,231
Aug 20087049,984114.228.48$432,011
Jul 200820850,820131.0811.39$606,075
Jun 200825677,263131.3313.03$1,040,561
May 2008353139,444123.1711.57$1,657,444
Apr 2008182118,992110.3110.45$1,264,121

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                  689 Mcf  × $  3.05 =     $2,099

────────────────────────────────────────────────────
Month total                                   $2,099

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/239566 is the state's own key, not one this site invented.