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 245806District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Nov 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
211
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 Gas112009-05-28191971
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
CondensateDisposition1,281 bbl$92,757
GasProduction272,436 Mcf$1,193,027
Total$1,285,784

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 27.5502, -98.8705. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.55017, -98.87055 · 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
10,531 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 10,531 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-4794033713H10,531 ftNov 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 (211)

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

211 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20225085.005.65$425
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022140101.587.54$1,422
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180359.403.07$9
Jul 2018181465.142.93$1,214
Jun 20180260.183.08$6
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201802161.782.77$58
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 201701955.423.12$59
Oct 201712449.292.98$603
Sep 201704647.523.09$142
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20171050.452.95$50
Jan 2017070049.413.42$2,393
Dec 201609448.763.72$350
Nov 20160042.492.64$0
Oct 2016019846.193.09$612
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016018541.622.92$541
Jun 20165711845.352.69$2,902
May 2016023542.521.99$468
Apr 2016025536.561.99$508
Mar 20160033.011.79$0
Feb 201611733526.472.06$3,788
Jan 2016045427.352.36$1,073
Dec 2015018332.362.00$366
Nov 201530038.792.17$1,164
Oct 2015038643.552.43$937
Sep 20150442.992.76$11
Aug 20150040.162.87$0
Jul 2015472548.152.95$2,328
Jun 2015017456.152.88$502
May 201513055.212.96$718
Apr 20151836249.822.71$1,877
Mar 201501742.892.93$50
Feb 20156338444.662.98$3,956
Jan 201501,13643.433.10$3,522
Dec 201401,45154.693.59$5,211
Nov 2014571,24370.464.25$9,301
Oct 2014391,35678.303.90$8,343
Sep 201401,37886.164.05$5,575
Aug 2014098789.394.04$3,983
Jul 20141066096.564.18$3,724
Jun 201401,88898.164.74$8,943
May 201402,04494.734.73$9,661
Apr 2014454995.944.81$3,024
Mar 201402,04195.895.06$10,321
Feb 2014049497.406.19$3,059
Jan 201401,33790.404.86$6,499
Dec 2013569391.824.35$3,477
Nov 2013023588.853.74$879
Oct 2013060897.423.78$2,298
Sep 20137202104.113.72$1,480
Aug 201301,965104.253.52$6,922
Jul 201301,378102.523.72$5,123
Jun 2013324294.403.93$1,235
May 2013341594.834.15$2,006
Apr 2013071293.964.28$3,049
Mar 2013064793.623.91$2,532
Feb 2013043491.233.42$1,484
Jan 20136091.603.42$550
Dec 2012042686.773.42$1,457
Nov 2012066786.953.62$2,418
Oct 20121421189.383.40$1,969
Sep 20121771994.672.92$3,708
Aug 201201,46692.662.91$4,263
Jul 201201,21885.133.02$3,679
Jun 201242,21179.822.52$5,889
May 201205591.612.49$137
Apr 2012261,559101.652.00$5,756
Mar 2012253,142105.052.22$9,608
Feb 2012184,394101.102.57$13,113
Jan 201202,10098.092.73$5,742
Dec 2011182,51096.873.24$9,875
Nov 201102,27595.723.31$7,533
Oct 2011234,50284.983.65$18,380
Sep 2011214,73383.623.99$20,621
Aug 201104,79283.404.15$19,884
Jul 201103,47294.144.52$15,684
Jun 2011153,85192.904.64$19,262
May 2011144,70098.134.40$22,076
Apr 2011145,086105.964.33$23,523
Mar 201106,44696.364.06$26,154
Feb 201105,09585.644.18$21,297
Jan 201127414486.504.59$24,362
Dec 2010063185.734.35$2,743
Nov 201003,15180.843.80$11,959
Oct 2010984,00678.103.51$21,710
Sep 20101004,46572.633.98$25,031
Aug 201005,57273.684.42$24,625
Jul 2010135,74772.554.74$28,164
Jun 2010126,57670.364.91$33,135
May 201086,07971.124.24$26,315
Apr 201093,97581.694.12$17,123
Mar 2010103,72878.394.39$17,145
Feb 201083,65473.585.44$20,475
Jan 2010103,52974.365.96$21,791
Dec 2009104,22771.445.48$23,894
Nov 200994,43674.593.75$17,313
Oct 2009104,24472.544.11$18,169
Sep 200994,03165.543.06$12,944
Aug 200964,42167.423.22$14,634
Jul 200904,27561.133.46$14,811
Jun 200907,10166.163.90$27,658
May 200909,55454.743.93$37,507
Apr 2009012,42746.773.59$44,582
Mar 2009016,51042.144.06$67,014
Feb 200906,81132.814.63$31,555
Jan 2009021,68435.865.37$116,465
Dec 200802,33237.105.98$13,939
Nov 2008024,48355.496.86$167,962

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.

Nov 2022 — as filed, then multipliedworked
Condensate             5 bbl  × $ 85.00 =       $425
Gas                    0 Mcf  × $  5.65 =         $0

────────────────────────────────────────────────────
Month total                                     $425

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/245806 is the state's own key, not one this site invented.