BENAVIDES

Name: BENAVIDES lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VIRTEX OPERATING COMPANY, INC. (P-5 886261) in the MESQUITE (ESCONDIDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 67260District 04Field 60753300NGPA filingCondensateGasSave Export

Value, all time

$462 k

Jan 1993 – Dec 2016

Value, last 12 filed months

$231

at the published price for each month

Months reported

288

no gaps in the span

Streams

condensate, gas

The MESQUITE (ESCONDIDO) field

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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered

1975-11-18

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1979-05-14.

The Commission's schedule remark for this field reads: “THE OWEN (OLMOS) EFF 02/01/10.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	60 bbl	$2,100
Gas	Production	115,538 Mcf	$460,011
Total			$462,111

25,192 Mcf of this lease's gas, across 48 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 27.8241, -99.5425. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.82406, -99.54253 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

6,025 ft

1 wells filed one

Completion to plug

40.2 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 6,025 ft.

Completions filed

Jul 1976

1 of 1 wells

Plug dates filed

Sep 2016

1 of 1 wells

Last completion to plug: a median of 40.2 years across the 1 well that filed both dates, with the middle half between 40.2 years and 40.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47931262	5	6,025 ft	Jul 1976	Sep 2016	Yes

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 (288)

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

288 months


Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	5	0	46.19	3.09	$231
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	1	97.42	3.78	$4
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	161	102.52	3.72	$599
Jun 2013	0	464	94.40	3.93	$1,825
May 2013	0	438	94.83	4.15	$1,817
Apr 2013	0	302	93.96	4.28	$1,293
Mar 2013	0	363	93.62	3.91	$1,420
Feb 2013	0	281	91.23	3.42	$961
Jan 2013	0	346	91.60	3.42	$1,183
Dec 2012	0	391	86.77	3.42	$1,337
Nov 2012	0	408	86.95	3.62	$1,479
Oct 2012	0	305	89.38	3.40	$1,037
Sep 2012	0	355	94.67	2.92	$1,036
Aug 2012	11	375	92.66	2.91	$2,110
Jul 2012	0	414	85.13	3.02	$1,251
Jun 2012	0	479	79.82	2.52	$1,207
May 2012	0	532	91.61	2.49	$1,324
Apr 2012	0	474	101.65	2.00	$946
Mar 2012	0	468	105.05	2.22	$1,040
Feb 2012	0	526	101.10	2.57	$1,352
Jan 2012	0	292	98.09	2.73	$798
Dec 2011	0	246	96.87	3.24	$797
Nov 2011	0	517	95.72	3.31	$1,712
Oct 2011	0	591	84.98	3.65	$2,156
Sep 2011	0	92	83.62	3.99	$367
Aug 2011	0	22	83.40	4.15	$91
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	16	92.90	4.64	$74
May 2011	0	340	98.13	4.40	$1,498
Apr 2011	0	245	105.96	4.33	$1,062
Mar 2011	0	304	96.36	4.06	$1,233
Feb 2011	0	115	85.64	4.18	$481
Jan 2011	0	387	86.50	4.59	$1,776
Dec 2010	0	119	85.73	4.35	$517
Nov 2010	0	602	80.84	3.80	$2,285
Oct 2010	0	345	78.10	3.51	$1,211
Sep 2010	0	100	72.63	3.98	$398
Aug 2010	0	424	73.68	4.42	$1,874
Jul 2010	0	329	72.55	4.74	$1,558
Jun 2010	0	555	70.36	4.91	$2,725
May 2010	0	652	71.12	4.24	$2,761
Apr 2010	0	536	81.69	4.12	$2,210
Mar 2010	0	1,095	78.39	4.39	$4,806
Feb 2010	0	671	73.58	5.44	$3,652
Jan 2010	0	6	74.36	5.96	$36
Dec 2009	1	74	71.44	5.48	$477
Nov 2009	0	463	74.59	3.75	$1,737
Oct 2009	0	687	72.54	4.11	$2,824
Sep 2009	0	611	65.54	3.06	$1,873
Aug 2009	0	621	67.42	3.22	$1,999
Jul 2009	0	524	61.13	3.46	$1,815
Jun 2009	0	628	66.16	3.90	$2,446
May 2009	0	539	54.74	3.93	$2,116
Apr 2009	0	538	46.77	3.59	$1,930
Mar 2009	0	465	42.14	4.06	$1,887
Feb 2009	0	443	32.81	4.63	$2,052
Jan 2009	0	649	35.86	5.37	$3,486
Dec 2008	0	107	37.10	5.98	$640
Nov 2008	0	498	55.49	6.86	$3,416
Oct 2008	0	513	75.24	6.92	$3,551
Sep 2008	0	322	101.76	7.88	$2,536
Aug 2008	0	121	114.22	8.48	$1,026
Jul 2008	0	519	131.08	11.39	$5,911
Jun 2008	0	386	131.33	13.03	$5,031
May 2008	0	482	123.17	11.57	$5,579
Apr 2008	0	480	110.31	10.45	$5,018
Mar 2008	0	534	101.90	9.66	$5,161
Feb 2008	0	424	92.53	8.77	$3,719
Jan 2008	0	514	90.38	8.21	$4,218
Dec 2007	0	364	88.33	7.30	$2,658
Nov 2007	0	393	91.67	7.29	$2,866
Oct 2007	0	508	82.85	6.92	$3,516
Sep 2007	0	470	75.84	6.24	$2,935
Aug 2007	0	529	69.06	6.39	$3,379
Jul 2007	0	346	70.90	6.39	$2,210
Jun 2007	0	154	62.00	7.55	$1,162
May 2007	0	474	58.74	7.85	$3,719
Apr 2007	0	488	59.61	7.81	$3,809
Mar 2007	0	582	56.92	7.30	$4,250
Feb 2007	0	512	55.10	8.22	$4,207
Jan 2007	0	429	50.30	6.73	$2,886
Dec 2006	0	636	56.65	6.92	$4,400
Nov 2006	0	639	54.20	7.62	$4,868
Oct 2006	0	602	54.90	6.01	$3,620
Sep 2006	0	557	60.08	5.04	$2,806
Aug 2006	0	461	68.71	7.34	$3,384
Jul 2006	0	653	69.37	6.34	$4,142
Jun 2006	0	689	66.28	6.38	$4,398
May 2006	0	569	66.01	6.42	$3,656
Apr 2006	0	676	64.39	7.36	$4,976
Mar 2006	0	534	56.70	7.08	$3,782
Feb 2006	0	626	57.59	7.75	$4,852
Jan 2006	0	540	60.59	8.93	$4,824
Dec 2005	0	555	54.94	13.42	$7,446
Nov 2005	0	586	54.69	10.59	$6,205
Oct 2005	0	436	58.34	13.80	$6,015
Sep 2005	0	533	61.45	12.08	$6,438
Aug 2005	0	512	61.51	9.80	$5,016
Jul 2005	0	734	55.69	7.84	$5,757
Jun 2005	0	597	52.33	7.38	$4,406
May 2005	0	488	45.22	6.65	$3,246
Apr 2005	0	648	49.20	7.36	$4,770
Mar 2005	0	502	50.37	7.15	$3,592
Feb 2005	0	647	45.22	6.31	$4,084
Jan 2005	0	453	43.16	6.32	$2,864
Dec 2004	0	817	39.86	6.75	$5,516
Nov 2004	0	422	45.28	6.33	$2,671
Oct 2004	0	700	49.70	6.52	$4,561
Sep 2004	0	549	43.24	5.28	$2,901
Aug 2004	0	500	42.37	5.55	$2,775
Jul 2004	0	585	38.28	6.08	$3,559
Jun 2004	0	559	36.10	6.43	$3,596
May 2004	0	616	37.48	6.49	$4,001
Apr 2004	0	604	34.47	5.86	$3,539
Mar 2004	0	615	34.36	5.53	$3,401
Feb 2004	0	519	32.45	5.51	$2,859
Jan 2004	0	671	32.03	6.30	$4,227
Dec 2003	0	616	30.26	6.30	$3,882
Nov 2003	0	547	28.80	4.60	$2,514
Oct 2003	0	454	28.17	4.76	$2,161
Sep 2003	0	546	26.31	4.75	$2,593
Aug 2003	0	508	29.76	5.13	$2,606
Jul 2003	0	459	29.41	5.17	$2,373
Jun 2003	0	402	28.56	5.98	$2,405
May 2003	0	646	26.59	5.97	$3,858
Apr 2003	0	683	26.67	5.41	$3,693
Mar 2003	0	669	31.14	6.10	$4,078
Feb 2003	0	597	33.48	7.93	$4,732
Jan 2003	0	732	30.31	5.58	$4,086
Dec 2002	0	603	26.91	4.85	$2,927
Nov 2002	0	623	24.66	4.14	$2,577
Oct 2002	0	537	26.46	4.23	$2,271
Sep 2002	0	543	27.44	3.64	$1,974
Aug 2002	0	530	25.96	3.16	$1,677
Jul 2002	0	511	24.58	3.06	$1,565
Jun 2002	0	395	23.73	3.34	$1,319
May 2002	0	491	24.66	3.58	$1,760
Apr 2002	0	550	23.65	3.51	$1,932
Mar 2002	0	628	22.00	3.10	$1,949
Feb 2002	0	572	18.22	2.38	$1,359
Jan 2002	0	597	17.17	2.38	$1,418
Dec 2001	0	653	16.93	2.36	$1,544
Nov 2001	0	522	18.07	2.41	$1,256
Oct 2001	0	512	19.78	2.53	$1,295
Sep 2001	0	626	24.26	2.25	$1,409
Aug 2001	0	603	24.87	3.05	$1,841
Jul 2001	0	558	23.93	3.20	$1,784
Jun 2001	0	569	24.56	3.82	$2,176
May 2001	0	665	25.52	4.31	$2,864
Apr 2001	0	739	24.68	5.34	$3,943
Mar 2001	0	459	24.54	5.38	$2,468
Feb 2001	0	746	27.75	5.77	$4,302
Jan 2001	0	556	27.47	8.40	$4,670
Dec 2000	0	602	26.88	9.12	$5,492
Nov 2000	0	674	32.21	5.66	$3,813
Oct 2000	0	671	31.23	5.15	$3,453
Sep 2000	0	825	31.87	5.19	$4,279
Aug 2000	0	427	29.64	4.54	$1,939
Jul 2000	0	88	28.53	4.09	$360
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	127	25.27	2.48	$315
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	19	23.19	2.43	$46
Oct 1999	0	39	20.98	2.80	$109
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	306	19.26	2.88	$880
Jul 1999	0	537	17.89	2.37	$1,274
Jun 1999	0	338	15.94	2.36	$798
May 1999	0	444	15.79	2.32	$1,031
Apr 1999	0	430	15.10	2.21	$949
Mar 1999	0	564	12.47	1.84	$1,037
Feb 1999	0	365	9.98	1.82	$663
Jan 1999	0	365	10.38	1.90	$693
Dec 1998	0	629	9.20	1.77	$1,115
Nov 1998	0	504	10.89	2.19	$1,102
Oct 1998	0	586	12.42	1.97	$1,154
Sep 1998	0	777	12.59	2.08	$1,618
Aug 1998	0	500	11.30	1.91	$954
Jul 1998	0	754	11.74	2.24	$1,687
Jun 1998	0	276	11.24	2.24	$617
May 1998	0	689	12.62	2.21	$1,520
Apr 1998	0	266	13.04	2.51	$666
Mar 1998	8	74	12.80	2.31	$273
Feb 1998	0	678	13.95	2.30	$1,559
Jan 1998	0	179	14.70	2.15	$386
Dec 1997	0	104	16.32	2.41	$251
Nov 1997	0	111	18.19	3.09	$343
Oct 1997	0	122	19.25	3.15	$384
Sep 1997	0	147	17.74	2.95	$434
Aug 1997	0	311	17.86	2.55	$795
Jul 1997	0	480	17.58	2.25	$1,079
Jun 1997	0	336	17.24	2.26	$758
May 1997	0	677	18.97	2.31	$1,563
Apr 1997	0	106	17.88	2.08	$221
Mar 1997	0	583	18.95	1.94	$1,131
Feb 1997	0	316	20.49	2.21	$697
Jan 1997	0	568	23.48	3.54	$2,011
Dec 1996	0	654	23.32	—	$0
Nov 1996	0	507	21.97	—	$0
Oct 1996	0	153	23.31	—	$0
Sep 1996	0	245	22.22	—	$0
Aug 1996	21	141	20.26	—	$425
Jul 1996	0	493	19.55	—	$0
Jun 1996	0	208	18.73	—	$0
May 1996	0	415	19.43	—	$0
Apr 1996	0	746	21.51	—	$0
Mar 1996	0	572	19.38	—	$0
Feb 1996	0	516	16.98	—	$0
Jan 1996	0	609	17.07	—	$0
Dec 1995	0	801	17.19	—	$0
Nov 1995	0	764	16.00	—	$0
Oct 1995	0	883	15.43	—	$0
Sep 1995	0	448	16.18	—	$0
Aug 1995	0	93	15.92	—	$0
Jul 1995	0	313	15.24	—	$0
Jun 1995	0	353	16.41	—	$0
May 1995	0	122	17.56	—	$0
Apr 1995	0	433	17.73	—	$0
Mar 1995	0	458	16.44	—	$0
Feb 1995	0	867	16.58	—	$0
Jan 1995	0	859	15.92	—	$0
Dec 1994	0	809	15.03	—	$0
Nov 1994	0	59	15.90	—	$0
Oct 1994	0	71	15.58	—	$0
Sep 1994	0	510	15.29	—	$0
Aug 1994	0	234	16.13	—	$0
Jul 1994	0	7	17.56	—	$0
Jun 1994	0	347	17.09	—	$0
May 1994	0	752	15.88	—	$0
Apr 1994	0	761	14.14	—	$0
Mar 1994	0	952	12.46	—	$0
Feb 1994	0	712	12.50	—	$0
Jan 1994	0	836	12.66	—	$0
Dec 1993	0	1,309	12.33	—	$0
Nov 1993	0	1,113	14.49	—	$0
Oct 1993	0	2,217	15.85	—	$0
Sep 1993	0	981	15.03	—	$0
Aug 1993	0	19	15.66	—	$0
Jul 1993	0	39	15.46	—	$0
Jun 1993	0	56	16.79	—	$0
May 1993	0	299	17.68	—	$0
Apr 1993	0	100	18.05	—	$0
Mar 1993	0	693	18.14	—	$0
Feb 1993	14	552	17.90	—	$251
Jan 1993	0	111	16.93	—	$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.

Oct 2016 — as filed, then multipliedworked

Condensate             5 bbl  × $ 46.19 =       $231
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                     $231

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/67260 is the state's own key, not one this site invented.