BENAVIDES FAMILY MINERALS

Operated by CATURUS ENERGY, LLC (P-5 103593) in the OWEN (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268692District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Mar 2012 – May 2026
Value, last 12 filed months
$352 k
at the published price for each month
Months reported
171
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 811 leases and 811 wells, and the rule below applies to all of them.

Discovered
1971-11-11
as the register files it
Field class
Oil and 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 2015-03-24.

The Commission's schedule remark for this field reads: LATERALS. EFFECTIVE 3/24/15;

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 Gas112014-10-24210749
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
CondensateDisposition4,684 bbl$359,742
GasProduction3,214,133 Mcf$10,642,846
Total$11,002,588

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 27.8331, -99.4143. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.83312, -99.41431 · 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
7,014 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 7,014 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-479416164H7,014 ftFeb 2013

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 (171)

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

171 months

May 202608,364106.413.05$25,475
Apr 202608,25198.932.87$23,678
Mar 202609,03889.753.15$28,465
Feb 202606,50263.503.75$24,385
Jan 202606,74259.138.00$53,922
Dec 202508,20756.664.41$36,220
Nov 202509,33558.593.93$36,653
Oct 202506,54859.383.30$21,640
Sep 202503,52762.743.08$10,852
Aug 202508,36163.933.01$25,206
Jul 202509,45466.743.32$31,342
Jun 2025010,81666.483.13$33,840
May 202509,17560.553.23$29,657
Apr 202503,76362.363.54$13,333
Mar 202508,73967.704.27$37,301
Feb 202508,40070.884.34$36,463
Jan 202507574.324.28$321
Dec 202405,97368.993.12$18,644
Nov 2024010,61069.052.20$23,325
Oct 20241258,60871.372.28$28,560
Sep 202406,68669.612.36$15,808
Aug 202407,67575.632.06$15,838
Jul 202406,78679.932.15$14,567
Jun 202404,19278.082.63$11,042
May 202402,85478.812.20$6,274
Apr 202402,84484.451.66$4,719
Mar 202401,62780.301.55$2,514
Feb 202405,87476.091.78$10,477
Jan 202405,45173.023.30$17,976
Dec 202304,11471.262.61$10,741
Nov 202308,21477.892.81$23,061
Oct 202309,01085.443.09$27,816
Sep 2023010,03889.042.74$27,454
Aug 202306,99080.522.67$18,683
Jul 202307,36574.852.64$19,457
Jun 202302,67668.962.26$6,044
May 202302,70270.622.23$6,018
Apr 202307,82878.122.24$17,517
Mar 2023010,69472.852.39$25,592
Feb 2023011,24575.112.47$27,727
Jan 202307,74376.533.39$26,231
Dec 202205,38876.415.73$30,868
Nov 202204,10785.005.65$23,189
Oct 202204,88087.185.86$28,615
Sep 202208,82884.888.16$72,069
Aug 202211710,00794.529.13$102,394
Jul 202208,764101.587.54$66,099
Jun 202209,329115.097.98$74,419
May 2022010,687109.378.43$90,124
Apr 202209,108104.226.84$62,277
Mar 2022010,188108.885.08$51,718
Feb 20221516,94191.054.86$47,474
Jan 2022010,94281.844.54$49,651
Dec 202109,52971.323.90$37,155
Nov 2021010,54077.435.24$55,196
Oct 2021011,13579.795.71$63,624
Sep 202108,13669.865.35$43,535
Aug 2021011,14766.024.22$47,047
Jul 2021211,30070.783.98$45,139
Jun 2021012,03769.493.38$40,693
May 2021013,31263.483.02$40,171
Apr 2021014,02760.362.76$38,692
Mar 202117661.302.72$268
Feb 202109,62557.805.55$53,399
Jan 2021211,71850.412.81$33,032
Dec 202012112,02944.642.68$37,585
Nov 2020011,90838.772.71$32,230
Oct 2020112,52536.972.48$31,079
Sep 2020712,20337.091.99$24,556
Aug 2020012,76239.982.39$30,439
Jul 2020012,77638.371.83$23,318
Jun 2020012,52734.901.69$21,175
May 2020313,17316.921.81$23,956
Apr 2020012,82514.751.80$23,141
Mar 2020013,19330.341.86$24,489
Feb 2020012,76149.881.98$25,275
Jan 2020014,01557.252.09$29,358
Dec 2019013,63759.012.30$31,425
Nov 2019014,55555.302.75$40,036
Oct 2019714,71053.472.42$35,951
Sep 2019314,06155.052.66$37,529
Aug 2019214,42953.112.30$33,356
Jul 2019015,31456.272.46$37,673
Jun 2019214,09552.782.49$35,219
May 20191715,34258.482.74$43,036
Apr 20199315,60562.632.75$48,749
Mar 2019116,42956.803.06$50,364
Feb 2019015,63150.852.79$43,645
Jan 2019017,44246.033.23$56,306
Dec 2018018,04146.594.19$75,510
Nov 201814517,38452.934.24$81,335
Oct 2018018,38961.443.40$62,487
Sep 2018018,63059.543.11$57,902
Aug 2018319,44459.403.07$59,804
Jul 2018119,28165.142.93$56,595
Jun 2018219,20260.183.08$59,203
May 2018314,74165.382.90$42,957
Apr 2018316,26263.842.90$47,364
Mar 20181514,47161.222.79$41,247
Feb 201855,19861.782.77$14,687
Jan 20181415,87062.874.01$32,399
Dec 2017010,93357.272.92$31,941
Nov 201706,96255.423.12$21,710
Oct 201707,72449.292.98$23,046
Sep 201706,72747.523.09$20,768
Aug 2017012,99745.373.00$39,048
Jul 2017011,71943.873.09$36,180
Jun 2017113,30342.493.09$41,113
May 2017113,35845.373.26$43,638
Apr 201718313,90947.933.21$53,441
Mar 2017614,57746.772.98$43,774
Feb 2017012,55450.452.95$37,067
Jan 2017014,81849.413.42$50,660
Dec 20161116,61548.763.72$62,391
Nov 2016012,04542.492.64$31,851
Oct 2016115,23046.193.09$47,111
Sep 2016015,42041.553.10$47,812
Aug 201617017,00941.442.92$56,785
Jul 2016017,38341.622.92$50,834
Jun 2016017,47045.352.69$46,921
May 2016017,56342.521.99$34,969
Apr 2016017,79836.561.99$35,437
Mar 2016018,72533.011.79$33,593
Feb 201617617,90026.472.06$41,598
Jan 2016020,30027.352.36$47,997
Dec 20151120,02732.362.00$40,438
Nov 2015017,39838.792.17$37,707
Oct 2015013,11443.552.43$31,822
Sep 201517513,89142.992.76$45,840
Aug 2015018,82440.162.87$54,072
Jul 2015019,30348.152.95$56,849
Jun 2015017,66756.152.88$50,931
May 201517819,35655.212.96$67,033
Apr 2015019,64949.822.71$53,181
Mar 2015021,03942.892.93$61,743
Feb 2015018,62144.662.98$55,420
Jan 2015021,71243.433.10$67,321
Dec 2014023,86954.693.59$85,722
Nov 201417424,79870.464.25$117,697
Oct 2014025,63278.303.90$99,989
Sep 2014023,42286.164.05$94,752
Aug 201417627,26289.394.04$125,738
Jul 201418128,83796.564.18$138,004
Jun 2014129,24798.164.74$138,638
May 2014031,29094.734.73$147,894
Apr 2014331,65895.944.81$152,535
Mar 201418035,47595.895.06$196,650
Feb 2014238,64197.406.19$239,460
Jan 2014443,42490.404.86$211,434
Dec 201318220,03491.824.35$103,949
Nov 2013219,22888.853.74$72,057
Oct 2013033,83997.423.78$127,890
Sep 201316534,084104.113.72$143,894
Aug 2013036,758104.253.52$129,484
Jul 201317437,051102.523.72$155,584
Jun 2013037,62794.403.93$148,002
May 201317342,22894.834.15$191,613
Apr 2013043,21393.964.28$185,064
Mar 201317948,31093.623.91$205,789
Feb 2013023,54891.233.42$80,532
Jan 201317958,98191.603.42$218,106
Dec 2012063,66786.773.42$217,751
Nov 201218055,02486.953.62$215,111
Oct 201215848,84389.383.40$180,173
Sep 2012072,18394.672.92$210,659
Aug 201217787,00492.662.91$269,422
Jul 2012163105,76485.133.02$333,368
Jun 2012179100,61579.822.52$267,741
May 2012166146,57791.612.49$379,938
Apr 20120146,653101.652.00$292,837
Mar 201200105.052.22$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                8,364 Mcf  × $  3.05 =    $25,475

────────────────────────────────────────────────────
Month total                                  $25,475

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/268692 is the state's own key, not one this site invented.