BENAVIDES, JUAN G.

Operated by ELLIOTT OIL & GAS OPERATING CO. (P-5 247836) in the LOPENO, SW (WILCOX 7380) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 97386District 04Field 54872500NGPA filingCondensateGasSaveExport
Value, all time
$2.5 M
Jan 1993 – Aug 2009
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
200
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1980-06-28
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 7-1-81 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition3,103 bbl$112,326
GasProduction669,851 Mcf$2,410,702
Total$2,523,028

239,345 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 26.7797, -99.0895. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.77971, -99.08949 · 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
7,560 ft
1 wells filed one
Completion to plug
27.3 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 7,560 ft.

Completions filed
Dec 1981
1 of 1 wells
Plug dates filed
Mar 2009
1 of 1 wells

Last completion to plug: a median of 27.3 years across the 1 well that filed both dates, with the middle half between 27.3 years and 27.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5053144237,560 ftDec 1981Mar 2009Yes

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 (200)

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

200 months

Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009110054.743.93$6,021
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 200801,43637.105.98$8,583
Nov 2008034355.496.86$2,353
Oct 200821,19875.246.92$8,443
Sep 200801,434101.767.88$11,296
Aug 200831,442114.228.48$12,575
Jul 2008033131.0811.39$376
Jun 200823131.3313.03$302
May 200833,198123.1711.57$37,384
Apr 200811,087110.3110.45$11,475
Mar 2008482101.909.66$1,200
Feb 200851792.538.77$612
Jan 20080190.388.21$8
Dec 2007573988.337.30$5,838
Nov 200751,78591.677.29$13,474
Oct 20071903,36582.856.92$39,034
Sep 20070075.846.24$0
Aug 200731,63669.066.39$10,658
Jul 200782,72570.906.39$17,974
Jun 200782,31962.007.55$18,001
May 2007102,64958.747.85$21,372
Apr 2007102,67659.617.81$21,483
Mar 2007162,87556.927.30$21,904
Feb 200732,58555.108.22$21,404
Jan 200771,93350.306.73$13,355
Dec 200671,71556.656.92$12,262
Nov 200672,55954.207.62$19,873
Oct 200651,68554.906.01$10,408
Sep 20061902,82760.085.04$25,655
Aug 2006113,52868.717.34$26,651
Jul 200653,14769.376.34$20,308
Jun 2006151,10166.286.38$8,023
May 2006201,23466.016.42$9,249
Apr 200681,76564.397.36$13,506
Mar 2006112,04656.707.08$15,115
Feb 200633057.597.75$405
Jan 20063860.598.93$253
Dec 20051884,42154.9413.42$69,638
Nov 2005104,72954.6910.59$50,619
Oct 200545,90858.3413.80$81,739
Sep 200532,43061.4512.08$29,536
Aug 2005116,44661.519.80$63,827
Jul 200576,56355.697.84$51,868
Jun 200566,35952.337.38$47,250
May 200566,71445.226.65$44,927
Apr 200577,93149.207.36$58,720
Mar 20053739,43250.377.15$86,273
Feb 200517,00045.226.31$44,229
Jan 200544,49843.166.32$28,610
Dec 2004158,01639.866.75$54,715
Nov 2004107,40345.286.33$47,317
Oct 200477,70349.706.52$50,534
Sep 200477,10343.245.28$37,834
Aug 2004136,70542.375.55$37,768
Jul 200463,02238.286.08$18,616
Jun 200414,73736.106.43$30,509
May 200414,65237.486.49$30,250
Apr 200406,52134.475.86$38,203
Mar 200405,26934.365.53$29,138
Feb 200404,20232.455.51$23,151
Jan 200405,73032.036.30$36,097
Dec 200305,53730.266.30$34,892
Nov 200306,38628.804.60$29,345
Oct 200301,06328.174.76$5,060
Sep 200306,60526.314.75$31,370
Aug 200305,35929.765.13$27,490
Jul 200302,83729.415.17$14,670
Jun 200305,57728.565.98$33,367
May 200306,14826.595.97$36,720
Apr 200307,97726.675.41$43,134
Mar 200302,57531.146.10$15,697
Feb 200307,03033.487.93$55,719
Jan 200302,11930.315.58$11,828
Dec 200204,53626.914.85$22,017
Nov 200207,79024.664.14$32,227
Oct 200205,32326.464.23$22,512
Sep 200205,20227.443.64$18,910
Aug 200205,00325.963.16$15,830
Jul 200201,03024.583.06$3,154
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 200201,50423.653.51$5,283
Mar 20020022.003.10$0
Feb 200201,33818.222.38$3,179
Jan 2002062417.172.38$1,482
Dec 2001087916.932.36$2,078
Nov 200109,76518.072.41$23,490
Oct 200109,99319.782.53$25,271
Sep 2001010,95424.262.25$24,661
Aug 2001012,15224.873.05$37,102
Jul 2001011,82223.933.20$37,796
Jun 2001125,64824.563.82$21,894
May 2001055425.524.31$2,386
Apr 200101024.685.34$53
Mar 200108,89624.545.38$47,829
Feb 200107,37227.755.77$42,515
Jan 200102,57127.478.40$21,593
Dec 200004,85526.889.12$44,290
Nov 2000060532.215.66$3,423
Oct 2000016531.235.15$849
Sep 200001,63031.875.19$8,454
Aug 2000021029.644.54$954
Jul 200003,02828.534.09$12,384
Jun 2000039429.304.40$1,733
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000047927.622.73$1,306
Jan 200017645025.272.48$5,564
Dec 199901,13824.282.42$2,758
Nov 1999080023.192.43$1,947
Oct 199901,02120.982.80$2,863
Sep 199901,05921.752.62$2,773
Aug 1999085019.262.88$2,444
Jul 1999078917.892.37$1,872
Jun 1999069415.942.36$1,639
May 19990015.792.32$0
Apr 1999034015.102.21$751
Mar 1999013712.471.84$252
Feb 199901,2659.981.82$2,300
Jan 1999096710.381.90$1,837
Dec 199806389.201.77$1,131
Nov 1998010210.892.19$223
Oct 1998029012.421.97$571
Sep 1998041812.592.08$871
Aug 1998045811.301.91$874
Jul 1998060311.742.24$1,349
Jun 1998018711.242.24$418
May 199801,90312.622.21$4,199
Apr 199802,72813.042.51$6,835
Mar 199802,53312.802.31$5,850
Feb 199802,79913.952.30$6,435
Jan 199802,74414.702.15$5,913
Dec 199702,85116.322.41$6,874
Nov 199701,47018.193.09$4,540
Oct 1997086119.253.15$2,712
Sep 1997098117.742.95$2,899
Aug 1997048917.862.55$1,249
Jul 199702,17017.582.25$4,876
Jun 199702,52217.242.26$5,693
May 199702,84318.972.31$6,563
Apr 199701,57017.882.08$3,270
Mar 199702,81118.951.94$5,451
Feb 199701,09320.492.21$2,411
Jan 199701,68723.483.54$5,971
Dec 19961941,23023.32$4,524
Nov 199601,76021.97$0
Oct 199602,94023.31$0
Sep 199602,34522.22$0
Aug 199603,90020.26$0
Jul 199603,99619.55$0
Jun 199603,69618.73$0
May 199603,13619.43$0
Apr 199604,25921.51$0
Mar 199604,05319.38$0
Feb 199603,61716.98$0
Jan 199602,11917.07$0
Dec 19951753,30417.19$3,008
Nov 199503,84916.00$0
Oct 199503,78915.43$0
Sep 199512,60616.18$16
Aug 199503,45615.92$0
Jul 199503,75115.24$0
Jun 199503,28216.41$0
May 199503,85417.56$0
Apr 199513,04317.73$18
Mar 199572,20116.44$115
Feb 1995058816.58$0
Jan 199501,12115.92$0
Dec 199401,32315.03$0
Nov 199403,59815.90$0
Oct 199401,30015.58$0
Sep 19941982,19915.29$3,027
Aug 199415,08216.13$16
Jul 199407,13517.56$0
Jun 199403,03417.09$0
May 199406,20615.88$0
Apr 199403,19214.14$0
Mar 19941972,38512.46$2,455
Feb 199405,63712.50$0
Jan 199402,67512.66$0
Dec 199306,20312.33$0
Nov 199309,58214.49$0
Oct 199308,42415.85$0
Sep 199303,16515.03$0
Aug 19931988,29215.66$3,101
Jul 1993013,38715.46$0
Jun 1993013,48316.79$0
May 199318013,17917.68$3,182
Apr 199320111,26918.05$3,628
Mar 199309,75718.14$0
Feb 199320212,44917.90$3,616
Jan 1993014,49416.93$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.

May 2009 — as filed, then multipliedworked
Condensate           110 bbl  × $ 54.74 =     $6,021
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                   $6,021

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/97386 is the state's own key, not one this site invented.