BENAVIDES FAMILY MINERALS GU 3

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 268705District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Aug 2012 – May 2026
Value, last 12 filed months
$185 k
at the published price for each month
Months reported
166
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 Gas112014-10-24210750
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
CondensateDisposition2,419 bbl$171,191
GasProduction3,107,679 Mcf$10,858,575
Total$11,029,766

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 27.8461, -99.4326. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.84608, -99.43263 · 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
6,724 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 6,724 ft.

Completions filed
Jan 2014
1 of 1 wells

1 well

42-479416401H6,724 ftJan 2014

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 (166)

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

166 months

May 202601,920106.413.05$5,848
Apr 202603,36398.932.87$9,651
Mar 202603,27689.753.15$10,318
Feb 202603,72463.503.75$13,966
Jan 202604,69959.138.00$37,582
Dec 202505,89056.664.41$25,995
Nov 202502,61458.593.93$10,264
Oct 202503,34759.383.30$11,061
Sep 202504,22962.743.08$13,012
Aug 202504,97063.933.01$14,983
Jul 202504,12866.743.32$13,685
Jun 202505,89266.483.13$18,434
May 202505,51960.553.23$17,839
Apr 202504,80062.363.54$17,007
Mar 202503,78567.704.27$16,156
Feb 202501,73070.884.34$7,510
Jan 202504,89074.324.28$20,923
Dec 202403,41368.993.12$10,653
Nov 202404,22869.052.20$9,295
Oct 202403,34671.372.28$7,634
Sep 202402,74969.612.36$6,500
Aug 202401,84475.632.06$3,805
Jul 202401,26779.932.15$2,720
Jun 202402,49578.082.63$6,572
May 202404,51778.812.20$9,930
Apr 202404,83384.451.66$8,019
Mar 202403,27880.301.55$5,065
Feb 202403,51876.091.78$6,275
Jan 202406,08073.023.30$20,050
Dec 202305,89671.262.61$15,393
Nov 202306,13377.892.81$17,219
Oct 202305,14585.443.09$15,884
Sep 202304,21589.042.74$11,528
Aug 202304,23380.522.67$11,314
Jul 202304,17174.852.64$11,019
Jun 2023062768.962.26$1,416
May 202302,14870.622.23$4,784
Apr 202304,99478.122.24$11,175
Mar 202305,59172.852.39$13,380
Feb 202304,04975.112.47$9,984
Jan 202304,79276.533.39$16,234
Dec 202203,45776.415.73$19,805
Nov 202201,95685.005.65$11,044
Oct 202201,55987.185.86$9,142
Sep 202204,58184.888.16$37,398
Aug 202205,09694.529.13$46,512
Jul 202205,002101.587.54$37,725
Jun 202204,784115.097.98$38,163
May 202204,699109.378.43$39,627
Apr 202204,735104.226.84$32,376
Mar 202204,961108.885.08$25,184
Feb 202203,63191.054.86$17,642
Jan 202205,11881.844.54$23,224
Dec 202105,24371.323.90$20,443
Nov 202104,57877.435.24$23,974
Oct 202105,90279.795.71$33,723
Sep 202104,40169.865.35$23,549
Aug 202105,31966.024.22$22,449
Jul 202106,70570.783.98$26,700
Jun 202107,11569.493.38$24,053
May 202108,02463.483.02$24,214
Apr 202109,10560.362.76$25,115
Mar 202114961.302.72$194
Feb 202107,51957.805.55$41,715
Jan 202129,92150.412.81$27,982
Dec 2020010,75944.642.68$28,785
Nov 2020010,92238.772.71$29,561
Oct 2020011,19236.972.48$27,739
Sep 20207710,80537.091.99$24,369
Aug 2020011,28639.982.39$26,918
Jul 2020011,40538.371.83$20,815
Jun 2020011,05434.901.69$18,685
May 2020212,17716.921.81$22,132
Apr 2020011,14414.751.80$20,108
Mar 2020011,60930.341.86$21,549
Feb 2020011,13249.881.98$22,049
Jan 2020012,47557.252.09$26,132
Dec 2019011,16059.012.30$25,717
Nov 2019012,28255.302.75$33,784
Oct 2019712,97253.472.42$31,748
Sep 2019311,50955.052.66$30,748
Aug 2019211,96753.112.30$27,683
Jul 2019010,27556.272.46$25,277
Jun 201918,84552.782.49$22,087
May 20191511,08958.482.74$31,265
Apr 2019013,39262.632.75$36,837
Mar 2019114,79056.803.06$45,345
Feb 2019013,96050.852.79$38,979
Jan 2019014,62446.033.23$47,209
Dec 2018013,24146.594.19$55,419
Nov 2018012,52752.934.24$53,080
Oct 2018013,09561.443.40$44,498
Sep 2018012,39259.543.11$38,514
Aug 20188610,48359.403.07$37,255
Jul 201806,10365.142.93$17,893
Jun 201825,95960.183.08$18,456
May 20187417,28365.382.90$54,973
Apr 2018215,30563.842.90$44,524
Mar 2018017,58061.222.79$48,993
Feb 2018017,73261.782.77$49,049
Jan 2018017,62162.874.01$70,648
Dec 201713412,74857.272.92$44,918
Nov 2017018,72555.423.12$58,391
Oct 201717119,40049.292.98$66,312
Sep 2017020,56047.523.09$63,474
Aug 2017021,30845.373.00$64,018
Jul 2017021,56543.873.09$66,577
Jun 2017019,92542.493.09$61,514
May 2017424,20645.373.26$79,175
Apr 2017023,23047.933.21$74,605
Mar 2017621,48846.772.98$64,394
Feb 2017020,66950.452.95$61,027
Jan 20177110,33749.413.42$38,848
Dec 2016116,85648.763.72$26,060
Nov 201605,48642.492.64$14,507
Oct 201605,26246.193.09$16,261
Sep 201605,98941.553.10$18,570
Aug 201697,42741.442.92$22,092
Jul 201609,32841.622.92$27,278
Jun 2016011,96445.352.69$32,133
May 2016012,04342.521.99$23,978
Apr 201620014,55536.561.99$36,292
Mar 2016216,11533.011.79$28,976
Feb 2016016,06126.472.06$33,144
Jan 2016018,70327.352.36$44,221
Dec 20151217,84832.362.00$36,109
Nov 2015019,97638.792.17$43,295
Oct 2015016,46143.552.43$39,944
Sep 201508,95842.992.76$24,710
Aug 2015012,93140.162.87$37,144
Jul 201518326,25548.152.95$86,135
Jun 2015027,46556.152.88$79,178
May 2015025,19655.212.96$74,466
Apr 201518426,17749.822.71$80,017
Mar 2015032,16442.892.93$94,392
Feb 2015026,87044.662.98$79,970
Jan 2015032,02343.433.10$99,291
Dec 2014035,45054.693.59$127,314
Nov 2014036,76570.464.25$156,319
Oct 2014139,74478.303.90$155,118
Sep 2014035,66586.164.05$144,281
Aug 201418644,08789.394.04$194,523
Jul 201410226,49896.564.18$120,600
Jun 2014025,91598.164.74$122,756
May 2014028,63594.734.73$135,345
Apr 2014032,63095.944.81$156,922
Mar 201418439,87895.895.06$219,299
Feb 2014056,19397.406.19$347,947
Jan 2014258,88990.404.86$286,424
Dec 2013015,26991.824.35$66,489
Nov 2013029,17088.853.74$109,046
Oct 2013044,95397.423.78$169,894
Sep 2013048,745104.113.72$181,221
Aug 201317859,061104.253.52$226,605
Jul 2013051,007102.523.72$189,631
Jun 201318854,02794.403.93$230,258
May 2013081,25494.834.15$337,129
Apr 2013093,62693.964.28$400,962
Mar 2013099,44693.623.91$389,119
Feb 2013125113,95091.233.42$401,102
Jan 2013190101,61291.603.42$364,908
Dec 2012091,81786.773.42$314,029
Nov 2012091,34486.953.62$331,118
Oct 20120126,38289.383.40$429,658
Sep 20121165,54694.672.92$483,224
Aug 2012015,90392.662.91$46,248

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                1,920 Mcf  × $  3.05 =     $5,848

────────────────────────────────────────────────────
Month total                                   $5,848

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/268705 is the state's own key, not one this site invented.