BENTON LAKE

Operated by C. W. RESOURCES, INC. (P-5 121085) in the WOODLAWN (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 223233District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$932 k
Jul 2006 – Oct 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
112
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 368 leases and 368 wells, and the rule below applies to all of them.

Discovered
1965-01-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112006-12-20170477
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
CondensateDisposition1,278 bbl$97,901
GasProduction146,355 Mcf$834,238
Total$932,139

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 32.7195, -94.2370. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.71953, -94.23698 · 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
9,990 ft
1 wells filed one
Completion to plug
9.3 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 9,990 ft.

Completions filed
Jul 2006
1 of 1 wells
Plug dates filed
Oct 2015
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2033347019,990 ftJul 2006Oct 2015Yes

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 (112)

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

112 months

Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140478.303.90$16
Sep 20141201186.164.05$10,384
Aug 2014048589.394.04$1,957
Jul 2014095296.564.18$3,979
Jun 2014043698.164.74$2,065
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014025990.404.86$1,259
Dec 2013011791.824.35$509
Nov 20130088.853.74$0
Oct 201302097.423.78$76
Sep 20130248104.113.72$922
Aug 20130505104.253.52$1,779
Jul 20130633102.523.72$2,353
Jun 2013036494.403.93$1,432
May 2013086794.834.15$3,597
Apr 201305393.964.28$227
Mar 2013082793.623.91$3,236
Feb 2013063891.233.42$2,182
Jan 2013061491.603.42$2,100
Dec 2012059986.773.42$2,049
Nov 201202786.953.62$98
Oct 2012045989.383.40$1,560
Sep 201203194.672.92$90
Aug 201209492.662.91$273
Jul 2012025685.133.02$773
Jun 201217989979.822.52$16,552
May 201201,12291.612.49$2,792
Apr 201201,122101.652.00$2,240
Mar 2012017105.052.22$38
Feb 201201,234101.102.57$3,172
Jan 201205198.092.73$139
Dec 2011060596.873.24$1,960
Nov 2011069395.723.31$2,295
Oct 201101,52184.983.65$5,549
Sep 201101,09683.623.99$4,368
Aug 201101,59083.404.15$6,597
Jul 201101,54894.144.52$6,993
Jun 201101,76392.904.64$8,180
May 201101,97298.134.40$8,686
Apr 201101,801105.964.33$7,804
Mar 2011027596.364.06$1,116
Feb 201107585.644.18$314
Jan 2011096686.504.59$4,433
Dec 201001,08585.734.35$4,717
Nov 20101841,15480.843.80$19,254
Oct 201001,85778.103.51$6,516
Sep 2010082872.633.98$3,295
Aug 201002,18673.684.42$9,661
Jul 201002,11972.554.74$10,037
Jun 201001,99570.364.91$9,796
May 201002,00771.124.24$8,500
Apr 201001,04881.694.12$4,321
Mar 201001,38178.394.39$6,061
Feb 201001,53273.585.44$8,338
Jan 201001,71774.365.96$10,240
Dec 20091841,97471.445.48$23,970
Nov 200901,79374.593.75$6,726
Oct 200903,24472.544.11$13,334
Sep 200902,37565.543.06$7,279
Aug 200903,44067.423.22$11,072
Jul 2009353,05361.133.46$12,717
Jun 200902,27566.163.90$8,861
May 200904,01254.743.93$15,750
Apr 2009373,31046.773.59$13,605
Mar 200903,12642.144.06$12,688
Feb 2009393,34832.814.63$16,791
Jan 20090335.865.37$16
Dec 200801,55337.105.98$9,283
Nov 2008056655.496.86$3,883
Oct 2008321,27275.246.92$11,212
Sep 200802,033101.767.88$16,014
Aug 2008322,159114.228.48$21,970
Jul 200823932131.0811.39$13,630
Jun 200801,825131.3313.03$23,785
May 200802,546123.1711.57$29,468
Apr 2008572,825110.3110.45$35,823
Mar 2008442,171101.909.66$25,464
Feb 200802,59192.538.77$22,725
Jan 2008251,15290.388.21$11,713
Dec 200704488.337.30$321
Nov 2007221,47991.677.29$12,801
Oct 2007141,03582.856.92$8,324
Sep 200701,66175.846.24$10,372
Aug 200702,25469.066.39$14,398
Jul 2007242,36070.906.39$16,777
Jun 2007252,40062.007.55$19,666
May 2007242,43458.747.85$20,508
Apr 2007201,62959.617.81$13,907
Mar 2007222,27756.927.30$17,879
Feb 200702,57255.108.22$21,132
Jan 2007363,02250.306.73$22,139
Dec 20061194256.656.92$7,140
Nov 200603,21454.207.62$24,483
Oct 2006131,64554.906.01$10,606
Sep 2006765,75660.085.04$33,560
Aug 200605,49868.717.34$40,355
Jul 200606,79769.376.34$43,112

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 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.30 =         $0
Gas                    4 Mcf  × $  3.90 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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. 06/G/223233 is the state's own key, not one this site invented.