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 272120District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.1 M
Nov 2013 – May 2026
Value, last 12 filed months
$270 k
at the published price for each month
Months reported
151
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 Gas112014-11-20213375
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
CondensateDisposition9,184 bbl$650,905
GasProduction2,565,057 Mcf$9,425,122
Total$10,076,026

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 27.8271, -99.4354. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.82709, -99.43536 · 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
6,806 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 6,806 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-479425295H6,806 ftOct 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 (151)

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

151 months

May 202605,256106.413.05$16,009
Apr 20261545,71598.932.87$31,636
Mar 202606,34289.753.15$19,974
Feb 202605,51063.503.75$20,664
Jan 202604,81659.138.00$38,518
Dec 202506,79156.664.41$29,971
Nov 202507,48658.593.93$29,393
Oct 202501,90359.383.30$6,289
Sep 202502,74462.743.08$8,443
Aug 202506,87863.933.01$20,736
Jul 202507,30266.743.32$24,208
Jun 202507,56666.483.13$23,672
May 202507,34960.553.23$23,754
Apr 2025474,82262.363.54$20,016
Mar 202517,60467.704.27$32,524
Feb 202518,35370.884.34$36,330
Jan 20250074.324.28$0
Dec 202404,01068.993.12$12,517
Nov 202406,60769.052.20$14,525
Oct 202408,33271.372.28$19,009
Sep 20241097,57269.612.36$25,490
Aug 202406,39275.632.06$13,191
Jul 202405,14479.932.15$11,042
Jun 202406,44778.082.63$16,981
May 202407,30578.812.20$16,060
Apr 202403,59584.451.66$5,965
Mar 202404,49580.301.55$6,945
Feb 202404,31876.091.78$7,702
Jan 202406,29473.023.30$20,755
Dec 202307,88271.262.61$20,578
Nov 202307,63677.892.81$21,439
Oct 202308,55185.443.09$26,399
Sep 202308,31889.042.74$22,750
Aug 20231769,67880.522.67$40,040
Jul 202308,99574.852.64$23,763
Jun 202303,79368.962.26$8,566
May 202303,60570.622.23$8,030
Apr 2023567,12078.122.24$20,308
Mar 202309,17872.852.39$21,964
Feb 202308,45575.112.47$20,847
Jan 202307,37476.533.39$24,981
Dec 202208,36076.415.73$47,895
Nov 202204,79785.005.65$27,085
Oct 202205,69987.185.86$33,418
Sep 202208,19084.888.16$66,861
Aug 202209,44894.529.13$86,233
Jul 202208,945101.587.54$67,464
Jun 20221017,807115.097.98$73,902
May 202209,783109.378.43$82,500
Apr 202208,626104.226.84$58,981
Mar 2022010,071108.885.08$51,124
Feb 20221396,95491.054.86$46,444
Jan 2022010,07981.844.54$45,735
Dec 202109,67671.323.90$37,728
Nov 2021408,86577.435.24$49,522
Oct 202109,82579.795.71$56,139
Sep 202109,64769.865.35$51,620
Aug 2021010,37866.024.22$43,801
Jul 202109,68570.783.98$38,566
Jun 202112010,89169.493.38$45,157
May 2021012,09963.483.02$36,511
Apr 2021014,06760.362.76$38,803
Mar 2021110761.302.72$352
Feb 202106,64557.805.55$36,866
Jan 2021211,64750.412.81$32,832
Dec 202013812,85844.642.68$40,561
Nov 2020010,08738.772.71$27,301
Oct 2020112,39336.972.48$30,752
Sep 2020812,09537.091.99$24,378
Aug 20203412,50239.982.39$31,178
Jul 2020012,84138.371.83$23,436
Jun 2020012,58734.901.69$21,276
May 2020313,91816.921.81$25,308
Apr 2020213,09714.751.80$23,661
Mar 202012513,32730.341.86$28,530
Feb 2020013,00649.881.98$25,761
Jan 20205014,26357.252.09$32,740
Dec 2019014,09659.012.30$32,482
Nov 2019014,14455.302.75$38,906
Oct 2019115,30253.472.42$37,062
Sep 201915613,70855.052.66$45,014
Aug 2019314,29353.112.30$33,096
Jul 2019015,23756.272.46$37,484
Jun 2019214,16652.782.49$35,396
May 20192116,23958.482.74$45,728
Apr 201911616,03262.632.75$51,364
Mar 2019117,34656.803.06$53,172
Feb 2019015,72950.852.79$43,919
Jan 201910917,76546.033.23$62,366
Dec 2018019,11846.594.19$80,017
Nov 20184618,31652.934.24$80,044
Oct 2018019,16761.443.40$65,131
Sep 20189120,03159.543.11$67,674
Aug 2018220,84659.403.07$64,044
Jul 201810720,18765.142.93$66,156
Jun 2018317,19660.183.08$53,091
May 2018112,84565.382.90$37,326
Apr 201810710,16863.842.90$36,326
Mar 201835,95161.222.79$16,768
Feb 201805,15961.782.77$14,270
Jan 20181555,66462.874.01$32,454
Dec 201716,43257.272.92$18,848
Nov 201706,49755.423.12$20,260
Oct 201705,87049.292.98$17,514
Sep 20171677,74247.523.09$31,838
Aug 2017012,84045.373.00$38,577
Jul 2017013,63143.873.09$42,083
Jun 2017113,17442.493.09$40,714
May 2017013,72445.373.26$44,787
Apr 201716315,22347.933.21$56,703
Mar 2017615,72846.772.98$47,208
Feb 2017013,15050.452.95$38,827
Jan 2017016,80749.413.42$57,460
Dec 201619017,53448.763.72$74,541
Nov 2016013,39042.492.64$35,408
Oct 2016117,03546.193.09$52,689
Sep 201617417,59841.553.10$61,795
Aug 2016020,60741.442.92$60,262
Jul 201617020,16241.622.92$66,036
Jun 2016019,83845.352.69$53,282
May 2016019,94642.521.99$39,713
Apr 201617721,40936.561.99$49,097
Mar 201618223,79633.011.79$48,698
Feb 2016023,35826.472.06$48,202
Jan 2016025,89527.352.36$61,225
Dec 201519326,37432.362.00$59,031
Nov 2015020,56938.792.17$44,580
Oct 201516519,65443.552.43$54,878
Sep 2015013,34442.992.76$36,808
Aug 2015024,30240.162.87$69,807
Jul 201516928,13948.152.95$91,009
Jun 201518026,29556.152.88$85,912
May 201517125,69855.212.96$85,390
Apr 201518029,21749.822.71$88,045
Mar 201536132,91042.892.93$112,065
Feb 2015231,16944.662.98$92,854
Jan 201518236,82943.433.10$122,097
Dec 201417941,28354.693.59$158,052
Nov 2014043,40370.464.25$184,543
Oct 201435735,50978.303.90$166,472
Sep 2014031,61986.164.05$127,913
Aug 201435554,40089.394.04$251,244
Jul 201434461,16396.564.18$288,854
Jun 201417364,48798.164.74$322,449
May 201434576,70294.734.73$395,218
Apr 201436187,78395.944.81$456,793
Mar 2014708115,38795.895.06$651,379
Feb 2014546114,77897.406.19$763,886
Jan 2014732118,14390.404.86$640,433
Dec 20131743,01191.824.35$188,851
Nov 20130088.853.74$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                5,256 Mcf  × $  3.05 =    $16,009

────────────────────────────────────────────────────
Month total                                  $16,009

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/272120 is the state's own key, not one this site invented.