BENNETT 1

Name: BENNETT 1 lease production and value, Mar 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the BIG MAX (LEONARD, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 36582District 08Field 07955500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.1 M

Mar 2001 – Aug 2015

Value, last 12 filed months

at the published price for each month

Months reported

174

no gaps in the span

Streams

oil, casinghead gas

The BIG MAX (LEONARD, LOWER) 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 7 leases and 8 wells, and the rule below applies to all of them.

Discovered

1972-01-05

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

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
Oil	Disposition	43,130 bbl	$2,047,628
Casinghead gas	Production	12,579 Mcf	$61,289
Total			$2,108,917

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 32.2977, -102.5058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29772, -102.50582 · 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

9,300 ft

1 wells filed one

Completion to plug

13.4 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 9,300 ft.

Completions filed

Mar 2002

1 of 1 wells

Plug dates filed

Aug 2015

1 of 1 wells

Last completion to plug: a median of 13.4 years across the 1 well that filed both dates, with the middle half between 13.4 years and 13.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-00300913	1	9,300 ft	Mar 2002	Aug 2015	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 (174)

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

174 months


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	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	4	0	91.23	3.42	$365
Jan 2013	5	0	91.60	3.42	$458
Dec 2012	182	0	86.77	3.42	$15,792
Nov 2012	5	0	86.95	3.62	$435
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	174	0	101.10	2.57	$17,591
Jan 2012	173	0	98.09	2.73	$16,970
Dec 2011	164	0	96.87	3.24	$15,887
Nov 2011	165	0	95.72	3.31	$15,794
Oct 2011	173	0	84.98	3.65	$14,702
Sep 2011	172	0	83.62	3.99	$14,383
Aug 2011	160	0	83.40	4.15	$13,344
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	166	0	92.90	4.64	$15,421
May 2011	0	0	98.13	4.40	$0
Apr 2011	329	0	105.96	4.33	$34,861
Mar 2011	163	0	96.36	4.06	$15,707
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	164	0	86.50	4.59	$14,186
Dec 2010	173	0	85.73	4.35	$14,831
Nov 2010	170	0	80.84	3.80	$13,743
Oct 2010	173	0	78.10	3.51	$13,511
Sep 2010	175	0	72.63	3.98	$12,710
Aug 2010	346	62	73.68	4.42	$25,767
Jul 2010	171	62	72.55	4.74	$12,700
Jun 2010	174	60	70.36	4.91	$12,537
May 2010	176	62	71.12	4.24	$12,780
Apr 2010	346	60	81.69	4.12	$28,512
Mar 2010	180	62	78.39	4.39	$14,382
Feb 2010	177	56	73.58	5.44	$13,328
Jan 2010	353	62	74.36	5.96	$26,619
Dec 2009	177	62	71.44	5.48	$12,985
Nov 2009	0	8	74.59	3.75	$30
Oct 2009	181	56	72.54	4.11	$13,360
Sep 2009	174	60	65.54	3.06	$11,588
Aug 2009	360	62	67.42	3.22	$24,471
Jul 2009	183	58	61.13	3.46	$11,388
Jun 2009	173	60	66.16	3.90	$11,679
May 2009	187	62	54.74	3.93	$10,480
Apr 2009	186	60	46.77	3.59	$8,914
Mar 2009	184	60	42.14	4.06	$7,997
Feb 2009	180	54	32.81	4.63	$6,156
Jan 2009	369	62	35.86	5.37	$13,565
Dec 2008	0	36	37.10	5.98	$215
Nov 2008	176	52	55.49	6.86	$10,123
Oct 2008	164	62	75.24	6.92	$12,769
Sep 2008	362	60	101.76	7.88	$37,310
Aug 2008	178	62	114.22	8.48	$20,857
Jul 2008	357	62	131.08	11.39	$47,502
Jun 2008	199	60	131.33	13.03	$26,917
May 2008	179	34	123.17	11.57	$22,441
Apr 2008	186	58	110.31	10.45	$21,124
Mar 2008	195	62	101.90	9.66	$20,470
Feb 2008	385	58	92.53	8.77	$36,133
Jan 2008	189	48	90.38	8.21	$17,476
Dec 2007	9	58	88.33	7.30	$1,218
Nov 2007	360	60	91.67	7.29	$33,439
Oct 2007	180	62	82.85	6.92	$15,342
Sep 2007	191	44	75.84	6.24	$14,760
Aug 2007	376	31	69.06	6.39	$26,165
Jul 2007	181	29	70.90	6.39	$13,018
Jun 2007	357	30	62.00	7.55	$22,360
May 2007	182	28	58.74	7.85	$10,910
Apr 2007	0	5	59.61	7.81	$39
Mar 2007	181	21	56.92	7.30	$10,456
Feb 2007	184	23	55.10	8.22	$10,327
Jan 2007	184	15	50.30	6.73	$9,356
Dec 2006	182	30	56.65	6.92	$10,518
Nov 2006	357	23	54.20	7.62	$19,525
Oct 2006	185	31	54.90	6.01	$10,343
Sep 2006	182	30	60.08	5.04	$11,086
Aug 2006	364	30	68.71	7.34	$25,231
Jul 2006	185	29	69.37	6.34	$13,017
Jun 2006	362	30	66.28	6.38	$24,185
May 2006	178	20	66.01	6.42	$11,878
Apr 2006	185	30	64.39	7.36	$12,133
Mar 2006	360	31	56.70	7.08	$20,632
Feb 2006	341	28	57.59	7.75	$19,855
Jan 2006	196	31	60.59	8.93	$12,153
Dec 2005	368	26	54.94	13.42	$20,567
Nov 2005	182	30	54.69	10.59	$10,271
Oct 2005	367	31	58.34	13.80	$21,838
Sep 2005	371	30	61.45	12.08	$23,160
Aug 2005	360	31	61.51	9.80	$22,447
Jul 2005	377	31	55.69	7.84	$21,238
Jun 2005	367	30	52.33	7.38	$19,427
May 2005	369	31	45.22	6.65	$16,892
Apr 2005	527	30	49.20	7.36	$26,149
Mar 2005	369	31	50.37	7.15	$18,808
Feb 2005	549	26	45.22	6.31	$24,990
Jan 2005	183	27	43.16	6.32	$8,069
Dec 2004	520	22	39.86	6.75	$20,876
Nov 2004	371	30	45.28	6.33	$16,989
Oct 2004	538	31	49.70	6.52	$26,941
Sep 2004	188	17	43.24	5.28	$8,219
Aug 2004	1	15	42.37	5.55	$126
Jul 2004	1	10	38.28	6.08	$99
Jun 2004	0	0	36.10	6.43	$0
May 2004	520	24	37.48	6.49	$19,645
Apr 2004	183	13	34.47	5.86	$6,384
Mar 2004	565	119	34.36	5.53	$20,071
Feb 2004	375	81	32.45	5.51	$12,615
Jan 2004	183	62	32.03	6.30	$6,252
Dec 2003	378	95	30.26	6.30	$12,037
Nov 2003	562	154	28.80	4.60	$16,893
Oct 2003	355	258	28.17	4.76	$11,228
Sep 2003	536	183	26.31	4.75	$14,971
Aug 2003	753	303	29.76	5.13	$23,964
Jul 2003	376	355	29.41	5.17	$12,894
Jun 2003	556	363	28.56	5.98	$18,051
May 2003	556	375	26.59	5.97	$17,024
Apr 2003	723	313	26.67	5.41	$20,975
Mar 2003	378	170	31.14	6.10	$12,807
Feb 2003	578	266	33.48	7.93	$21,460
Jan 2003	581	389	30.31	5.58	$19,782
Dec 2002	755	230	26.91	4.85	$21,433
Nov 2002	571	386	24.66	4.14	$15,678
Oct 2002	949	477	26.46	4.23	$27,128
Sep 2002	738	541	27.44	3.64	$22,217
Aug 2002	1,111	493	25.96	3.16	$30,401
Jul 2002	942	342	24.58	3.06	$24,201
Jun 2002	368	261	23.73	3.34	$9,604
May 2002	5	110	24.66	3.58	$518
Apr 2002	185	190	23.65	3.51	$5,043
Mar 2002	374	215	22.00	3.10	$8,895
Feb 2002	178	100	18.22	2.38	$3,481
Jan 2002	8	24	17.17	2.38	$194
Dec 2001	5	22	16.93	2.36	$137
Nov 2001	15	27	18.07	2.41	$336
Oct 2001	187	61	19.78	2.53	$3,853
Sep 2001	920	499	24.26	2.25	$23,443
Aug 2001	905	480	24.87	3.05	$23,973
Jul 2001	908	634	23.93	3.20	$23,755
Jun 2001	0	135	24.56	3.82	$516
May 2001	1,074	736	25.52	4.31	$30,579
Apr 2001	2,150	30	24.68	5.34	$53,222
Mar 2001	1,417	31	24.54	5.38	$34,940

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.

Feb 2013 — as filed, then multipliedworked

Oil                    4 bbl  × $ 91.23 =       $365
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                     $365

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/36582 is the state's own key, not one this site invented.