BENNETT

Operated by PETX OPERATING LLC (P-5 102221) in the WARD, SOUTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23987District 08Field 95138001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$8.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 206 leases and 1,363 wells, and the rule below applies to all of them.

Discovered
1938-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1982-11-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OP. 5 ACRE DIAG. 750

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
OilDisposition197,580 bbl$8,192,078
Casinghead gasProduction62,762 Mcf$91,665
Total$8,283,743

33,969 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 (38)

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 31.4137, -102.9423. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.41304, -102.94285 · 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
81.6%
31 of 38 wells
With a plug date
81.6%
31 of 38 wells
Median depth
2,562 ft
34 wells filed one
Completion to plug
43.8 years
median over 9 wells

What the state filed about each well

On the RRC proration schedule
3181.6%
A plug date is filed
3181.6%
BothOn the schedule and plugged. Neither fact cancels the other.
3181.6%
NeitherNo plug date, and not on the schedule.
718.4%

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

Total depth in feet, 34 of 38 wells. Median 2,562 ft, with the middle half between 2,540 and 2,597 ft; the shallowest is 2,492 ft and the deepest 2,727 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 13 of 38 wells, Apr 1934 – Aug 1987. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 1934 – Aug 1987
13 of 38 wells; 25 filed none
Plug dates filed
May 1984 – Feb 2013
31 of 38 wells; 7 filed none

Last completion to plug: a median of 43.8 years across the 9 wells that filed both dates, with the middle half between 38.8 years and 50.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

38 wells

42-475001503AW2,540 ftSep 1984Yes
42-475001515A2,600 ftAug 1993Yes
42-475001691B2,565 ftSep 1984Yes
42-475005993W2,530 ftSep 1984Yes
42-4750060042,530 ftFeb 2013Yes
42-475006048W2,492 ftFeb 1995Yes
42-475010866BW2,532 ftJul 1995Yes
42-475032433C2,545 ftJul 1999Yes
42-475032604C2,550 ftMay 1984Yes
42-475032611C2,560 ftMay 1993Yes
42-475032622C2,578 ftFeb 1985Yes
42-475038608A2,536 ftMay 1991Yes
42-475051615C2,554 ftJul 1984Yes
42-475051626C2,589 ftSep 1984Yes
42-475051637C2,564 ftJul 1984Yes
42-475051648C2,607 ftSep 1984Yes
42-4751051111A2,587 ftSep 1984Yes
42-475309727W2,600 ftFeb 1985Yes
42-4758200912,551 ftFeb 2005Yes
42-475820112A2,610 ftApr 2002Yes
42-475820133B2,554 ftJul 1984Yes
42-475820196W2,554 ftApr 1987Yes
42-475010364B
42-475820102
42-475820164A
42-475337723862,727 ftAug 1987Oct 2012Yes
42-475337502862,707 ftOct 1986
42-475337491862,705 ftSep 1986
42-475336041852,667 ftMay 1985
42-475046386A2,585 ftMar 1959Sep 2010Yes
42-4750464010A2,576 ftApr 1956Jan 1995Yes
42-475048637AW2,510 ftMay 1954Apr 2002Yes
42-475046018B2,565 ftNov 1952May 1994Yes
42-4750376592,521 ftMay 1952Sep 1984Yes
42-475820122BJun 1951
42-475010357B2,540 ftFeb 1951Dec 1994Yes
42-475051525BW2,697 ftAug 1934Jul 1995Yes
42-4750060152,536 ftApr 1934Feb 1985Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025349056.664.41$19,774
Nov 20250058.593.93$0
Oct 2025170059.383.30$10,095
Sep 20250062.743.08$0
Aug 2025173063.933.01$11,060
Jul 2025172066.743.32$11,479
Jun 2025167066.483.13$11,102
May 2025170060.553.23$10,294
Apr 2025351062.363.54$21,888
Mar 2025179067.704.27$12,118
Feb 2025356070.884.34$25,233
Jan 2025184074.324.28$13,675
Dec 2024542068.993.12$37,393
Nov 20240069.052.20$0
Oct 2024372071.372.28$26,550
Sep 20240069.612.36$0
Aug 2024364075.632.06$27,529
Jul 2024363079.932.15$29,015
Jun 2024363078.082.63$28,343
May 2024320078.812.20$25,219
Apr 2024352084.451.66$29,726
Mar 2024161080.301.55$12,928
Feb 2024353076.091.78$26,860
Jan 2024179073.023.30$13,071
Dec 2023362071.262.61$25,796
Nov 2023172077.892.81$13,397
Oct 2023339085.443.09$28,964
Sep 20230089.042.74$0
Aug 2023155080.522.67$12,481
Jul 2023161074.852.64$12,051
Jun 2023180068.962.26$12,413
May 2023169070.622.23$11,935
Apr 2023169078.122.24$13,202
Mar 20230072.852.39$0
Feb 2023173075.112.47$12,994
Jan 2023356076.533.39$27,245
Dec 2022350076.415.73$26,744
Nov 2022515085.005.65$43,775
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022162094.529.13$15,312
Jul 20225030101.587.54$51,095
Jun 20221590115.097.98$18,299
May 20221760109.378.43$19,249
Apr 20221710104.226.84$17,822
Mar 20221710108.885.08$18,618
Feb 2022164091.054.86$14,932
Jan 2022163081.844.54$13,340
Dec 2021345071.323.90$24,605
Nov 2021334077.435.24$25,862
Oct 2021339079.795.71$27,049
Sep 2021164069.865.35$11,457
Aug 2021308066.024.22$20,334
Jul 2021337070.783.98$23,853
Jun 2021323069.493.38$22,445
May 2021172063.483.02$10,919
Apr 2021338060.362.76$20,402
Mar 2021355061.302.72$21,762
Feb 2021341057.805.55$19,710
Jan 2021348050.412.81$17,543
Dec 2020517044.642.68$23,079
Nov 2020168038.772.71$6,513
Oct 2020332036.972.48$12,274
Sep 2020495037.091.99$18,360
Aug 2020321039.982.39$12,834
Jul 2020167038.371.83$6,408
Jun 2020155034.901.69$5,410
May 20200016.921.81$0
Apr 2020330014.751.80$4,868
Mar 20200030.341.86$0
Feb 2020329049.881.98$16,411
Jan 2020164057.252.09$9,389
Dec 2019334059.012.30$19,709
Nov 2019163055.302.75$9,014
Oct 2019308053.472.42$16,469
Sep 2019160055.052.66$8,808
Aug 2019319053.112.30$16,942
Jul 2019317056.272.46$17,838
Jun 2019315052.782.49$16,626
May 2019331058.482.74$19,357
Apr 2019169062.632.75$10,584
Mar 2019362056.803.06$20,562
Feb 2019348050.852.79$17,696
Jan 2019332046.033.23$15,282
Dec 2018324046.594.19$15,095
Nov 2018348052.934.24$18,420
Oct 2018339061.443.40$20,828
Sep 2018348059.543.11$20,720
Aug 2018336059.403.07$19,958
Jul 2018335065.142.93$21,822
Jun 2018346060.183.08$20,822
May 2018337065.382.90$22,033
Apr 2018506063.842.90$32,303
Mar 2018329061.222.79$20,141
Feb 2018343061.782.77$21,191
Jan 2018162062.874.01$10,185
Dec 2017163057.272.92$9,335
Nov 2017172055.423.12$9,532
Oct 2017504049.292.98$24,842
Sep 2017170047.523.09$8,078
Aug 2017175045.373.00$7,940
Jul 2017347043.873.09$15,223
Jun 2017485042.493.09$20,608
May 2017327045.373.26$14,836
Apr 2017148047.933.21$7,094
Mar 2017518046.772.98$24,227
Feb 2017330050.452.95$16,649
Jan 2017349049.413.42$17,244
Dec 2016491048.763.72$23,941
Nov 2016330042.492.64$14,022
Oct 2016508046.193.09$23,465
Sep 2016190041.553.10$7,895
Aug 2016170041.442.92$7,045
Jul 2016375041.622.92$15,608
Jun 2016355045.352.69$16,099
May 2016335042.521.99$14,244
Apr 2016362036.561.99$13,235
Mar 2016352033.011.79$11,620
Feb 2016350026.472.06$9,265
Jan 2016698027.352.36$19,090
Dec 2015183032.362.00$5,922
Nov 2015357038.792.17$13,848
Oct 2015520043.552.43$22,646
Sep 2015363042.992.76$15,605
Aug 2015375040.162.87$15,060
Jul 2015178048.152.95$8,571
Jun 2015533056.152.88$29,928
May 2015355055.212.96$19,600
Apr 2015359049.822.71$17,885
Mar 2015366042.892.93$15,698
Feb 2015367044.662.98$16,390
Jan 2015353043.433.10$15,331
Dec 2014356054.693.59$19,470
Nov 2014361070.464.25$25,436
Oct 2014381078.303.90$29,832
Sep 2014363086.164.05$31,276
Aug 2014378089.394.04$33,789
Jul 2014370096.564.18$35,727
Jun 2014376098.164.74$36,908
May 2014345094.734.73$32,682
Apr 2014383095.944.81$36,745
Mar 2014527095.895.06$50,534
Feb 2014370097.406.19$36,038
Jan 2014318090.404.86$28,747
Dec 2013341091.824.35$31,311
Nov 2013526088.853.74$46,735
Oct 2013348097.423.78$33,902
Sep 20133360104.113.72$34,981
Aug 20133510104.253.52$36,592
Jul 20135200102.523.72$53,310
Jun 2013343094.403.93$32,379
May 2013507094.834.15$48,079
Apr 2013170093.964.28$15,973
Mar 20130093.623.91$0
Feb 2013525091.233.42$47,896
Jan 2013494091.603.42$45,250
Dec 2012387086.773.42$33,580
Nov 2012382086.953.62$33,215
Oct 2012387089.383.40$34,590
Sep 2012731094.672.92$69,204
Aug 2012193092.662.91$17,883
Jul 2012372085.133.02$31,668
Jun 2012374079.822.52$29,853
May 2012572091.612.49$52,401
Apr 20121930101.652.00$19,618
Mar 20125520105.052.22$57,988
Feb 20125660101.102.57$57,223
Jan 2012751098.092.73$73,666
Dec 20116096.873.24$581
Nov 2011527095.723.31$50,444
Oct 2011521084.983.65$44,275
Sep 2011371083.623.99$31,023
Aug 2011509083.404.15$42,451
Jul 2011363094.144.52$34,173
Jun 2011351092.904.64$32,608
May 2011367098.134.40$36,014
Apr 20115470105.964.33$57,960
Mar 2011390096.364.06$37,580
Feb 2011351085.644.18$30,060
Jan 2011360086.504.59$31,140
Dec 2010358085.734.35$30,691
Nov 2010547080.843.80$44,219
Oct 2010534078.103.51$41,705
Sep 2010378072.633.98$27,454
Aug 2010180073.684.42$13,262
Jul 2010366072.554.74$26,553
Jun 2010528070.364.91$37,150
May 2010332071.124.24$23,612
Apr 2010549081.694.12$44,848
Mar 2010355078.394.39$27,828
Feb 2010563073.585.44$41,426
Jan 2010368074.365.96$27,364
Dec 2009369071.445.48$26,361
Nov 2009370074.593.75$27,598
Oct 2009541072.544.11$39,244
Sep 2009338065.543.06$22,153
Aug 2009530067.423.22$35,733
Jul 2009536061.133.46$32,766
Jun 2009180066.163.90$11,909
May 2009730054.743.93$39,960
Apr 2009364046.773.59$17,024
Mar 2009192042.144.06$8,091
Feb 2009570032.814.63$18,702
Jan 2009395035.865.37$14,165
Dec 2008376037.105.98$13,950
Nov 2008390055.496.86$21,641
Oct 2008395075.246.92$29,720
Sep 20083840101.767.88$39,076
Aug 20083810114.228.48$43,518
Jul 20085570131.0811.39$73,012
Jun 20083790131.3313.03$49,774
May 20083970123.1711.57$48,898
Apr 20083900110.3110.45$43,021
Mar 20083960101.909.66$40,352
Feb 2008597092.538.77$55,240
Jan 2008194090.388.21$17,534
Dec 2007405088.337.30$35,774
Nov 2007559091.677.29$51,244
Oct 2007591082.856.92$48,964
Sep 2007382075.846.24$28,971
Aug 2007387069.066.39$26,726
Jul 2007981070.906.39$69,553
Jun 2007585062.007.55$36,270
May 2007585058.747.85$34,363
Apr 2007561059.617.81$33,441
Mar 2007575056.927.30$32,729
Feb 2007193055.108.22$10,634
Jan 2007382050.306.73$19,215
Dec 2006378056.656.92$21,414
Nov 2006391054.207.62$21,192
Oct 2006186054.906.01$10,211
Sep 2006358060.085.04$21,509
Aug 2006365068.717.34$25,079
Jul 2006543069.376.34$37,668
Jun 2006359066.286.38$23,795
May 2006531066.016.42$35,051
Apr 20060064.397.36$0
Mar 2006379056.707.08$21,489
Feb 2006537057.597.75$30,926
Jan 2006371060.598.93$22,479
Dec 2005187054.9413.42$10,274
Nov 2005559054.6910.59$30,572
Oct 2005372058.3413.80$21,702
Sep 2005546061.4512.08$33,552
Aug 20050061.519.80$0
Jul 2005336055.697.84$18,712
Jun 2005180052.337.38$9,419
May 2005553045.226.65$25,007
Apr 2005373049.207.36$18,352
Mar 20051050.377.15$50
Feb 2005368045.226.31$16,641
Jan 2005372043.166.32$16,056
Dec 2004381039.866.75$15,187
Nov 20040045.286.33$0
Oct 2004193049.706.52$9,592
Sep 2004371043.245.28$16,042
Aug 2004383242.375.55$16,239
Jul 20041915138.286.08$7,622
Jun 20043742636.106.43$13,669
May 2004189237.486.49$7,097
Apr 200476510534.475.86$26,985
Mar 200402734.365.53$149
Feb 200419110432.455.51$6,771
Jan 200439218532.036.30$13,721
Dec 20033886830.266.30$12,169
Nov 20033924428.804.60$11,492
Oct 200338816628.174.76$11,720
Sep 200338427726.314.75$11,419
Aug 200357121229.765.13$18,080
Jul 20033846429.415.17$11,624
Jun 20033892228.565.98$11,241
May 20033874826.595.97$10,577
Apr 200338515926.675.41$11,128
Mar 200338916231.146.10$13,101
Feb 20035946033.487.93$20,363
Jan 2003395930.315.58$12,023
Dec 200258713626.914.85$16,456
Nov 200258010524.664.14$14,737
Oct 200274616526.464.23$20,437
Sep 200238825727.443.64$11,581
Aug 200238631125.963.16$11,005
Jul 200275339124.583.06$19,706
Jun 200257620723.733.34$14,360
May 20027659724.663.58$19,213
Apr 20029185823.653.51$21,914
Mar 2002377022.003.10$8,294
Feb 2002759018.222.38$13,829
Jan 200256911117.172.38$10,033
Dec 200176926616.932.36$13,648
Nov 200176522818.072.41$14,372
Oct 200177216619.782.53$15,690
Sep 200175726224.262.25$18,955
Aug 200177231224.873.05$20,152
Jul 200137435423.933.20$10,082
Jun 200174726424.563.82$19,356
May 200154831925.524.31$15,359
Apr 200175032924.685.34$20,265
Mar 200157028724.545.38$15,531
Feb 200178631927.755.77$23,651
Jan 200177429927.478.40$23,773
Dec 20001,17733926.889.12$34,730
Nov 200039734932.215.66$14,762
Oct 200077428531.235.15$25,638
Sep 200076139431.875.19$26,297
Aug 200078442129.644.54$25,149
Jul 20001,13447028.534.09$34,275
Jun 2000035029.304.40$1,539
May 200076642627.263.68$22,449
Apr 200078449424.513.12$20,755
Mar 200076145828.422.86$22,937
Feb 200074352627.622.73$21,956
Jan 200035238525.272.48$9,850
Dec 19991,1475024.282.42$27,970
Nov 19997446723.192.43$17,416
Oct 199970810320.982.80$15,143
Sep 199969926221.752.62$15,889
Aug 199971547619.262.88$15,140
Jul 199983229917.892.37$15,594
Jun 199965646915.942.36$11,564
May 199969645115.792.32$12,037
Apr 199965016515.102.21$10,179
Mar 1999334012.471.84$4,165
Feb 19990649.981.82$116
Jan 19993384310.381.90$3,590
Dec 199801179.201.77$207
Nov 199886662510.892.19$10,797
Oct 199885518512.421.97$10,983
Sep 199833264212.592.08$5,517
Aug 199833065711.301.91$4,982
Jul 19981,04965711.742.24$13,785
Jun 199833764611.242.24$5,233
May 19981,02669312.622.21$14,477
Apr 19981,17966513.042.51$17,040
Mar 199834063612.802.31$5,821
Feb 19981,01049513.952.30$15,228
Jan 199881867214.702.15$13,473
Dec 199768657416.322.41$12,579
Nov 199767750418.193.09$13,871
Oct 19971,01765919.253.15$21,653
Sep 199751264717.742.95$10,995
Aug 19971,05870417.862.55$20,694
Jul 19971,20073917.582.25$22,756
Jun 199769972217.242.26$13,680
May 19971,04172318.972.31$21,417
Apr 19971,19470717.882.08$22,821
Mar 199769168718.951.94$14,427
Feb 19971,02454920.492.21$22,193
Jan 199735850623.483.54$10,197
Dec 199666254823.32$15,438
Nov 19961,01965121.97$22,387
Oct 19961,01868923.31$23,730
Sep 19961,24172922.22$27,575
Aug 19961,03579020.26$20,969
Jul 19961,02683419.55$20,058
Jun 199684079318.73$15,733
May 19961,00475419.43$19,508
Apr 19961,19768321.51$25,747
Mar 19961,36363819.38$26,415
Feb 19961,01551516.98$17,235
Jan 199667963217.07$11,591
Dec 19951,36662917.19$23,482
Nov 199567465816.00$10,784
Oct 19951,01868415.43$15,708
Sep 199568363016.18$11,051
Aug 19951,16878615.92$18,595
Jul 199584980915.24$12,939
Jun 19951,02078016.41$16,738
May 19951,06880817.56$18,754
Apr 19951,08480417.73$19,219
Mar 19951,31078416.44$21,536
Feb 19951,05263116.58$17,442
Jan 199575459215.92$12,004
Dec 19941,25562415.03$18,863
Nov 19941,31571415.90$20,909
Oct 19941,12087115.58$17,450
Sep 19941,08673915.29$16,605
Aug 19941,12383616.13$18,114
Jul 19941,08975617.56$19,123
Jun 19941,09088217.09$18,628
May 19941,31991215.88$20,946
Apr 19941,08193014.14$15,285
Mar 19941,2561,00912.46$15,650
Feb 19941,53078212.50$19,125
Jan 19941,07792012.66$13,635
Dec 19931,47882212.33$18,224
Nov 19931,50297814.49$21,764
Oct 19931,4831,10215.85$23,506
Sep 19931,30645515.03$19,629
Aug 19931,27427215.66$19,951
Jul 19931,48714215.46$22,989
Jun 19931,08452316.79$18,200
May 19931,10044917.68$19,448
Apr 19931,39971918.05$25,252
Mar 19931,12362218.14$20,371
Feb 199383149617.90$14,875
Jan 199384456316.93$14,289

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.

Dec 2025 — as filed, then multipliedworked
Oil                  349 bbl  × $ 56.66 =    $19,774
Casinghead gas         0 Mcf  × $  4.41 =         $0

────────────────────────────────────────────────────
Month total                                  $19,774

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. 08/O/23987 is the state's own key, not one this site invented.