BEN-MEG

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 58259District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$60.8 M
Oct 2022 – May 2026
Value, last 12 filed months
$18.7 M
at the published price for each month
Months reported
44
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 2017-08-01.

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: FOR THE FOLLOWING API 389-37515.

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
OilDisposition757,783 bbl$55,934,260
Casinghead gasProduction1,550,452 Mcf$4,816,672
Total$60,750,932

Wells on this lease (7)

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 31.6001, -103.3563. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

31.60187, -103.35659 · 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
14.3%
1 of 7 wells
With a plug date
14.3%
1 of 7 wells
Median depth
11,722 ft
7 wells filed one
Completion to plug
16.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
114.3%
A plug date is filed
114.3%
BothOn the schedule and plugged. Neither fact cancels the other.
114.3%
NeitherNo plug date, and not on the schedule.
685.7%

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

Between 11,200 and 12,444 ft, median 11,722 ft, over the 7 wells that filed a depth.

Completions filed
Oct 2007 – Oct 2022
7 of 7 wells
Plug dates filed
Dec 2023
1 of 7 wells; 6 filed none

Last completion to plug: a median of 16.2 years across the 1 well that filed both dates, with the middle half between 16.2 years and 16.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-4753834915WC12,444 ftOct 2022
42-475383486WA11,722 ftOct 2022
42-4753835011WB12,063 ftOct 2022
42-475347865H11,200 ftOct 2008
42-475347834H11,668 ftJun 2008
42-475346003H11,622 ftNov 2007
42-475347966H11,764 ftOct 2007Dec 2023Yes

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 (44)

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

44 months

May 202616,75930,131106.413.05$1,875,099
Apr 202619,29432,49798.932.87$2,002,013
Mar 202619,57833,85489.753.15$1,863,747
Feb 202618,33831,10163.503.75$1,281,102
Jan 202621,90441,49359.138.00$1,627,041
Dec 202519,03656,47056.664.41$1,327,802
Nov 202520,60363,25458.593.93$1,455,493
Oct 202520,00256,61459.383.30$1,374,819
Sep 202518,31047,77762.743.08$1,295,775
Aug 202515,83249,01663.933.01$1,159,911
Jul 202521,92860,30766.743.32$1,663,404
Jun 202523,38855,22966.483.13$1,727,630
May 202521,32838,21760.553.23$1,414,940
Apr 202520,04437,64562.363.54$1,383,325
Mar 202517,06742,73667.704.27$1,337,847
Feb 202515,36842,44070.884.34$1,273,509
Jan 202516,47045,93574.324.28$1,420,592
Dec 202427,34943,81868.993.12$2,023,580
Nov 20245961,45769.052.20$44,357
Oct 202419,91729,16871.372.28$1,488,020
Sep 20240069.612.36$0
Aug 202418,48055,54275.632.06$1,512,261
Jul 202424,60351,33579.932.15$2,076,713
Jun 202427,31853,53978.082.63$2,274,010
May 202431,45453,26478.812.20$2,595,987
Apr 202432,58250,96884.451.66$2,836,116
Mar 202429,97854,29080.301.55$2,491,119
Feb 202414,60135,26076.091.78$1,173,881
Jan 202413,88827,52273.023.30$1,104,860
Dec 202329,10953,27571.262.61$2,213,393
Nov 202332,92049,05077.892.81$2,701,850
Oct 202333,42464,99185.443.09$3,056,392
Sep 202310,89722,35289.042.74$1,031,402
Aug 202313,44737,92080.522.67$1,184,108
Jul 202330,66339,95274.852.64$2,400,671
Jun 202332,14351,07368.962.26$2,331,929
May 20235361,02370.622.23$40,131
Apr 202354387078.122.24$44,366
Mar 202336649772.852.39$27,853
Feb 20232,3822,79575.112.47$185,804
Jan 20235,3385,77576.533.39$428,081
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$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 2026 — as filed, then multipliedworked
Oil               16,759 bbl  × $106.41 = $1,783,325
Casinghead gas    30,131 Mcf  × $  3.05 =    $91,774

────────────────────────────────────────────────────
Month total                               $1,875,099

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/58259 is the state's own key, not one this site invented.