BENEVIDES-CNR

Operated by PEAK ENERGY CORPORATION (P-5 647135) in the LAS TIENDAS (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 55651District 04Field 52211060NGPA filingCondensateGasSaveExport
Value, all time
$259 k
Jan 1993 – May 2010
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
209
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 754 leases and 754 wells, and the rule below applies to all of them.

Discovered
1974-04-22
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2011-08-23.

The Commission's schedule remark for this field reads: REMAINS SUSPENDED. FIELD REMAINS SET TO MANUAL REVIEW.

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
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 bbl$61
GasProduction63,754 Mcf$259,250
Total$259,311

22,370 Mcf of this lease's gas, across 40 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.8311, -99.6247. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.83110, -99.62468 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,260 ft
1 wells filed one
Completion to plug
37.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 7,260 ft.

Completions filed
Apr 1973
1 of 1 wells
Plug dates filed
May 2010
1 of 1 wells

Last completion to plug: a median of 37.1 years across the 1 well that filed both dates, with the middle half between 37.1 years and 37.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793052927,260 ftApr 1973May 2010Yes

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 (209)

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

209 months

May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090267.423.22$6
Jul 20091961.133.46$92
Jun 2009081466.163.90$3,171
May 2009085254.743.93$3,345
Apr 2009073646.773.59$2,640
Mar 2009073942.144.06$3,000
Feb 2009064132.814.63$2,970
Jan 2009058935.865.37$3,164
Dec 2008057537.105.98$3,437
Nov 2008081655.496.86$5,598
Oct 2008078075.246.92$5,399
Sep 20080651101.767.88$5,128
Aug 20080815114.228.48$6,914
Jul 20080787131.0811.39$8,963
Jun 20080802131.3313.03$10,452
May 20080653123.1711.57$7,558
Apr 20080894110.3110.45$9,347
Mar 20080829101.909.66$8,012
Feb 2008078592.538.77$6,885
Jan 2008093090.388.21$7,631
Dec 2007092788.337.30$6,769
Nov 2007097391.677.29$7,095
Oct 2007074982.856.92$5,185
Sep 2007046275.846.24$2,885
Aug 2007097969.066.39$6,254
Jul 2007081470.906.39$5,200
Jun 2007095662.007.55$7,216
May 2007084258.747.85$6,607
Apr 2007084259.617.81$6,572
Mar 2007083556.927.30$6,097
Feb 2007083755.108.22$6,877
Jan 200701,12950.306.73$7,595
Dec 2006066056.656.92$4,566
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060660.085.04$30
Aug 200601,16868.717.34$8,573
Jul 200601,17569.376.34$7,453
Jun 200601,35466.286.38$8,644
May 200601,05766.016.42$6,791
Apr 2006045764.397.36$3,364
Mar 200602556.707.08$177
Feb 2006021657.597.75$1,674
Jan 200601,11260.598.93$9,934
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 200505452.337.38$399
May 200503245.226.65$213
Apr 20050949.207.36$66
Mar 2005019350.377.15$1,381
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003012226.595.97$729
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 200303330.315.58$184
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200203317.172.38$78
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000059028.534.09$2,413
Jun 2000091829.304.40$4,037
May 200001,22427.263.68$4,504
Apr 200001,11824.513.12$3,484
Mar 200001,39428.422.86$3,986
Feb 20000027.622.73$0
Jan 200008125.272.48$201
Dec 199903024.282.42$73
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 199905017.892.37$119
Jun 19990015.942.36$0
May 1999027915.792.32$648
Apr 1999060415.102.21$1,334
Mar 1999054912.471.84$1,009
Feb 199909649.981.82$1,752
Jan 1999036810.381.90$699
Dec 199801,1039.201.77$1,956
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 1998036214.702.15$780
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 199601421.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 1996012719.55$0
Jun 1996053718.73$0
May 1996019919.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 1996031417.07$0
Dec 1995014317.19$0
Nov 19950016.00$0
Oct 1995034615.43$0
Sep 1995069416.18$0
Aug 1995038615.92$0
Jul 1995067015.24$0
Jun 1995052516.41$0
May 1995064017.56$0
Apr 1995041317.73$0
Mar 1995030016.44$0
Feb 1995050216.58$0
Jan 1995056615.92$0
Dec 1994058415.03$0
Nov 1994049815.90$0
Oct 1994060115.58$0
Sep 1994082415.29$0
Aug 1994047516.13$0
Jul 1994080117.56$0
Jun 1994060717.09$0
May 1994071715.88$0
Apr 1994089914.14$0
Mar 1994079212.46$0
Feb 1994078212.50$0
Jan 1994094812.66$0
Dec 1993072112.33$0
Nov 1993085414.49$0
Oct 1993070215.85$0
Sep 1993065215.03$0
Aug 1993077115.66$0
Jul 1993013515.46$0
Jun 1993056416.79$0
May 1993056117.68$0
Apr 1993061018.05$0
Mar 1993059218.14$0
Feb 1993053617.90$0
Jan 1993076816.93$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.

Aug 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.42 =         $0
Gas                    2 Mcf  × $  3.22 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/55651 is the state's own key, not one this site invented.