GUSTAVO BENAVIDES 1537

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) 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 268847District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
Jan 2012 – May 2026
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
173
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 Gas112013-09-12210977
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
CondensateDisposition2,674 bbl$204,069
GasProduction1,440,495 Mcf$4,732,170
Total$4,936,239

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 27.8947, -99.5609. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.89472, -99.56090 · 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
5,489 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 5,489 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-479415882H5,489 ftJan 2012

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 (173)

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

173 months

May 202602,522106.413.05$7,682
Apr 202602,49598.932.87$7,160
Mar 202602,58289.753.15$8,132
Feb 2026132,29063.503.75$9,414
Jan 202602,68159.138.00$21,442
Dec 202502,68856.664.41$11,863
Nov 202502,58158.593.93$10,134
Oct 202502,73659.383.30$9,042
Sep 202502,62962.743.08$8,089
Aug 202502,73163.933.01$8,233
Jul 202502,62566.743.32$8,702
Jun 202502,88166.483.13$9,014
May 202501,72860.553.23$5,585
Apr 202502,31062.363.54$8,185
Mar 202502,62267.704.27$11,192
Feb 202532,37870.884.34$10,535
Jan 202502,69874.324.28$11,544
Dec 202402,78568.993.12$8,693
Nov 202422,75469.052.20$6,193
Oct 202402,87871.372.28$6,566
Sep 202402,86269.612.36$6,767
Aug 202402,88975.632.06$5,962
Jul 202402,72079.932.15$5,839
Jun 202402,78478.082.63$7,333
May 2024103,38678.812.20$8,232
Apr 202401,72884.451.66$2,867
Mar 202403,02780.301.55$4,677
Feb 202402,83976.091.78$5,064
Jan 2024112,99573.023.30$10,680
Dec 202303,05571.262.61$7,976
Nov 202302,99377.892.81$8,403
Oct 202303,15585.443.09$9,740
Sep 202303,09489.042.74$8,462
Aug 202303,28080.522.67$8,767
Jul 202303,30774.852.64$8,736
Jun 202393,25268.962.26$7,965
May 202303,35970.622.23$7,482
Apr 202353,24178.122.24$7,643
Mar 202363,32072.852.39$8,382
Feb 202302,98375.112.47$7,355
Jan 202303,30376.533.39$11,190
Dec 202203,32576.415.73$19,049
Nov 202203,33285.005.65$18,813
Oct 202203,50787.185.86$20,564
Sep 202203,45184.888.16$28,173
Aug 202203,61694.529.13$33,004
Jul 202203,667101.587.54$27,657
Jun 202203,628115.097.98$28,941
May 202203,700109.378.43$31,202
Apr 202203,560104.226.84$24,342
Mar 202203,699108.885.08$18,778
Feb 202203,29991.054.86$16,029
Jan 202203,71281.844.54$16,844
Dec 202103,79771.323.90$14,805
Nov 202103,35077.435.24$17,543
Oct 202103,92379.795.71$22,416
Sep 202103,86169.865.35$20,660
Aug 2021144,03066.024.22$17,933
Jul 202103,95870.783.98$15,761
Jun 202103,91569.493.38$13,235
May 202104,17463.483.02$12,596
Apr 202104,05260.362.76$11,177
Mar 202104,25961.302.72$11,571
Feb 202102,83757.805.55$15,740
Jan 202104,14950.412.81$11,660
Dec 202004,20244.642.68$11,242
Nov 202034,05638.772.71$11,094
Oct 202004,35636.972.48$10,796
Sep 2020114,31237.091.99$8,993
Aug 202004,54739.982.39$10,845
Jul 202004,60438.371.83$8,403
Jun 202004,48234.901.69$7,576
May 202004,67116.921.81$8,477
Apr 202044,54614.751.80$8,262
Mar 2020264,77430.341.86$9,650
Feb 202004,59249.881.98$9,095
Jan 202004,79057.252.09$10,034
Dec 201904,83159.012.30$11,132
Nov 201904,77355.302.75$13,129
Oct 201905,05453.472.42$12,223
Sep 201905,00855.052.66$13,308
Aug 201905,29853.112.30$12,209
Jul 201905,30456.272.46$13,048
Jun 201905,22252.782.49$13,009
May 201965,42758.482.74$15,223
Apr 201905,30962.632.75$14,603
Mar 201965,49756.803.06$17,173
Feb 201964,98050.852.79$14,210
Jan 201935,58246.033.23$18,158
Dec 201805,65346.594.19$23,660
Nov 2018115,46552.934.24$23,739
Oct 201805,97261.443.40$20,293
Sep 201805,86459.543.11$18,225
Aug 201806,17059.403.07$18,921
Jul 201806,24665.142.93$18,313
Jun 201806,05060.183.08$18,615
May 201846,21965.382.90$18,302
Apr 201876,08763.842.90$18,104
Mar 2018206,35661.222.79$18,938
Feb 201805,83161.782.77$16,129
Jan 201806,54762.874.01$26,249
Dec 2017146,54957.272.92$19,935
Nov 201766,56255.423.12$20,795
Oct 201706,92949.292.98$20,674
Sep 201706,85647.523.09$21,166
Aug 201737,20445.373.00$21,780
Jul 201787,33143.873.09$22,984
Jun 2017137,22842.493.09$22,867
May 201707,40645.373.26$24,169
Apr 201756,88047.933.21$22,335
Mar 201717,20446.772.98$21,541
Feb 201726,60150.452.95$19,591
Jan 201707,37049.413.42$25,197
Dec 201637,34148.763.72$27,476
Nov 201677,40642.492.64$19,881
Oct 201637,86746.193.09$24,450
Sep 201637,81341.553.10$24,350
Aug 201608,25541.442.92$24,140
Jul 201618,48041.622.92$24,840
Jun 201618,41645.352.69$22,649
May 201608,91242.521.99$17,744
Apr 201658,82036.561.99$17,744
Mar 2016249,28233.011.79$17,444
Feb 2016468,86026.472.06$19,501
Jan 2016449,47027.352.36$23,594
Dec 2015599,65632.362.00$21,235
Nov 2015299,60038.792.17$21,931
Oct 20152810,29443.552.43$26,199
Sep 20152010,36542.992.76$29,451
Aug 2015810,71240.162.87$31,091
Jul 20152711,24948.152.95$34,429
Jun 20153711,39056.152.88$34,913
May 20153012,27655.212.96$37,937
Apr 20158612,19949.822.71$37,302
Mar 20154713,40542.892.93$41,356
Feb 20157712,49544.662.98$40,626
Jan 20156816,61543.433.10$54,470
Dec 20148114,67054.693.59$57,115
Nov 20145010,18870.464.25$46,841
Oct 20144213,33178.303.90$55,292
Sep 20144510,78486.164.05$47,503
Aug 20143913,53189.394.04$58,085
Jul 20142213,85096.564.18$60,012
Jun 2014714,05698.164.74$67,269
May 20141514,08394.734.73$67,985
Apr 20142513,60295.944.81$67,812
Mar 20141714,20695.895.06$73,467
Feb 20145013,23897.406.19$86,840
Jan 20143215,02490.404.86$75,920
Dec 20135115,31991.824.35$71,389
Nov 20133815,26488.853.74$60,437
Oct 20134116,26797.423.78$65,473
Sep 20134516,263104.113.72$65,147
Aug 20133917,187104.253.52$64,609
Jul 20135417,458102.523.72$70,440
Jun 20133817,08794.403.93$70,797
May 20135318,65294.834.15$82,415
Apr 20134515,26993.964.28$69,619
Mar 20135521,78393.623.91$90,383
Feb 20135220,15291.233.42$73,662
Jan 2013323,10791.603.42$79,299
Dec 20123222,71586.773.42$80,466
Nov 20125122,52386.953.62$86,079
Oct 20127825,54489.383.40$93,813
Sep 20126325,04094.672.92$79,041
Aug 201210626,89992.662.91$88,049
Jul 20123829,11685.133.02$91,189
Jun 20127830,18679.822.52$82,266
May 20126633,76091.612.49$90,052
Apr 201212834,614101.652.00$82,128
Mar 20129340,786105.052.22$100,399
Feb 20129444,183101.102.57$123,064
Jan 20122312,81698.092.73$37,296

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                2,522 Mcf  × $  3.05 =     $7,682

────────────────────────────────────────────────────
Month total                                   $7,682

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/268847 is the state's own key, not one this site invented.