BENNETT

Operated by RAY HERRING OPERATING CO., LLC (P-5 695232) in the SHEPARD (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24391District 09Field 83040700OilCasinghead gasSaveExport
Value, all time
$721 k
Jan 1993 – Mar 2024
Value, last 12 filed months
$143
at the published price for each month
Months reported
375
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 2 leases and 4 wells, and the rule below applies to all of them.

Discovered
1983-03-01
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

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
OilDisposition33,493 bbl$720,535
Casinghead gasProduction48 Mcf$0
Total$720,535

48 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 (2)

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 33.2486, -98.4660. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.24862, -98.46600 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
3,681 ft
2 wells filed one
Completion to plug
24.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 2,612 and 4,750 ft, median 3,681 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1984 – May 2001
2 of 2 wells
Plug dates filed
Mar 2017 – Jan 2018
2 of 2 wells

Last completion to plug: a median of 24.7 years across the 2 wells that filed both dates, with the middle half between 20.3 years and 29.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-5033791634,750 ftMay 2001Mar 2017Yes
42-5033828142,612 ftAug 1984Jan 2018Yes

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 (375)

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

375 months

Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20232071.262.61$143
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 201642036.561.99$1,536
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
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 201544042.892.93$1,887
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201443094.734.73$4,073
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201340094.403.93$3,776
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201241085.133.02$3,490
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011430105.964.33$4,556
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201041073.585.44$3,017
Jan 20100074.365.96$0
Dec 20091071.445.48$71
Nov 20090074.593.75$0
Oct 200937072.544.11$2,684
Sep 20092065.543.06$131
Aug 200940067.423.22$2,697
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200946054.743.93$2,518
Apr 200940046.773.59$1,871
Mar 20090042.144.06$0
Feb 200948032.814.63$1,575
Jan 20090035.865.37$0
Dec 200848037.105.98$1,781
Nov 200847055.496.86$2,608
Oct 20080075.246.92$0
Sep 2008480101.767.88$4,884
Aug 200810114.228.48$114
Jul 2008480131.0811.39$6,292
Jun 200800131.3313.03$0
May 2008480123.1711.57$5,912
Apr 200800110.3110.45$0
Mar 2008490101.909.66$4,993
Feb 20080092.538.77$0
Jan 20081090.388.21$90
Dec 200746088.337.30$4,063
Nov 20070091.677.29$0
Oct 200746082.856.92$3,811
Sep 20070075.846.24$0
Aug 200746069.066.39$3,177
Jul 200747070.906.39$3,332
Jun 20070062.007.55$0
May 200746058.747.85$2,702
Apr 200748059.617.81$2,861
Mar 20070056.927.30$0
Feb 200746055.108.22$2,535
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200645054.207.62$2,439
Oct 200645054.906.01$2,471
Sep 20061060.085.04$60
Aug 200646068.717.34$3,161
Jul 200645069.376.34$3,122
Jun 200643066.286.38$2,850
May 20060066.016.42$0
Apr 200646064.397.36$2,962
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 200645060.598.93$2,727
Dec 200546054.9413.42$2,527
Nov 20050054.6910.59$0
Oct 200542058.3413.80$2,450
Sep 200544061.4512.08$2,704
Aug 20050061.519.80$0
Jul 200540055.697.84$2,228
Jun 200542052.337.38$2,198
May 200543045.226.65$1,944
Apr 200543049.207.36$2,116
Mar 200543050.377.15$2,166
Feb 200546045.226.31$2,080
Jan 200543043.166.32$1,856
Dec 200451039.866.75$2,033
Nov 200444045.286.33$1,992
Oct 200485049.706.52$4,225
Sep 20040043.245.28$0
Aug 200438042.375.55$1,610
Jul 200480038.286.08$3,062
Jun 200489036.106.43$3,213
May 200488037.486.49$3,298
Apr 200436034.475.86$1,241
Mar 200462034.365.53$2,130
Feb 200489032.455.51$2,888
Jan 200434032.036.30$1,089
Dec 200357030.266.30$1,725
Nov 200387028.804.60$2,506
Oct 200349028.174.76$1,380
Sep 200340026.314.75$1,052
Aug 200369029.765.13$2,053
Jul 2003129029.415.17$3,794
Jun 2003126028.565.98$3,599
May 2003136026.595.97$3,616
Apr 200391026.675.41$2,427
Mar 2003137031.146.10$4,266
Feb 2003134033.487.93$4,486
Jan 2003137030.315.58$4,152
Dec 2002134026.914.85$3,606
Nov 2002130024.664.14$3,206
Oct 20020026.464.23$0
Sep 200226027.443.64$713
Aug 200275025.963.16$1,947
Jul 200249024.583.06$1,204
Jun 200292023.733.34$2,183
May 200288024.663.58$2,170
Apr 2002141023.653.51$3,335
Mar 200267022.003.10$1,474
Feb 200232018.222.38$583
Jan 2002179017.172.38$3,073
Dec 2001175016.932.36$2,963
Nov 2001166018.072.41$3,000
Oct 200182019.782.53$1,622
Sep 200152024.262.25$1,262
Aug 200190024.873.05$2,238
Jul 200129023.933.20$694
Jun 200141024.563.82$1,007
May 200191025.524.31$2,322
Apr 200192024.685.34$2,271
Mar 200190024.545.38$2,209
Feb 200192027.755.77$2,553
Jan 200192027.478.40$2,527
Dec 2000137026.889.12$3,683
Nov 200095032.215.66$3,060
Oct 2000133031.235.15$4,154
Sep 200087031.875.19$2,773
Aug 2000130029.644.54$3,853
Jul 2000132028.534.09$3,766
Jun 2000172029.304.40$5,040
May 2000177027.263.68$4,825
Apr 2000137024.513.12$3,358
Mar 2000220028.422.86$6,252
Feb 2000180027.622.73$4,972
Jan 2000181025.272.48$4,574
Dec 1999219024.282.42$5,317
Nov 1999227023.192.43$5,264
Oct 1999262020.982.80$5,497
Sep 1999265021.752.62$5,764
Aug 1999307019.262.88$5,913
Jul 1999400017.892.37$7,156
Jun 1999175015.942.36$2,790
May 1999223015.792.32$3,521
Apr 1999179015.102.21$2,703
Mar 1999221012.471.84$2,756
Feb 199922809.981.82$2,275
Jan 1999226010.381.90$2,346
Dec 199827609.201.77$2,539
Nov 1998358010.892.19$3,899
Oct 1998356012.421.97$4,422
Sep 1998368012.592.08$4,633
Aug 1998398011.301.91$4,497
Jul 1998404011.742.24$4,743
Jun 1998356011.242.24$4,001
May 1998449012.622.21$5,666
Apr 1998454013.042.51$5,920
Mar 1998218012.802.31$2,790
Feb 1998269013.952.30$3,753
Jan 1998179014.702.15$2,631
Dec 1997270016.322.41$4,406
Nov 1997233018.193.09$4,238
Oct 1997303019.253.15$5,833
Sep 1997263017.742.95$4,666
Aug 1997315017.862.55$5,626
Jul 1997313017.582.25$5,503
Jun 1997271017.242.26$4,672
May 1997348018.972.31$6,602
Apr 1997315017.882.08$5,632
Mar 1997356018.951.94$6,746
Feb 1997366020.492.21$7,499
Jan 1997366023.483.54$8,594
Dec 1996413123.32$9,631
Nov 1996369121.97$8,107
Oct 1996447123.31$10,420
Sep 1996456122.22$10,132
Aug 1996465120.26$9,421
Jul 1996454119.55$8,876
Jun 1996629118.73$11,781
May 1996606119.43$11,775
Apr 1996586121.51$12,605
Mar 1996457119.38$8,857
Feb 1996281116.98$4,771
Jan 1996138117.07$2,356
Dec 199593117.19$1,599
Nov 1995139116.00$2,224
Oct 199592115.43$1,420
Sep 199589116.18$1,440
Aug 199590115.92$1,433
Jul 1995131115.24$1,996
Jun 1995133116.41$2,183
May 1995141117.56$2,476
Apr 1995133117.73$2,358
Mar 1995138116.44$2,269
Feb 1995145116.58$2,404
Jan 1995180115.92$2,866
Dec 1994143115.03$2,149
Nov 1994183115.90$2,910
Oct 1994181115.58$2,820
Sep 1994223115.29$3,410
Aug 1994229116.13$3,694
Jul 1994267117.56$4,689
Jun 1994279117.09$4,768
May 1994325115.88$5,161
Apr 1994281114.14$3,973
Mar 1994321112.46$4,000
Feb 1994363112.50$4,538
Jan 1994382112.66$4,836
Dec 1993372112.33$4,587
Nov 1993286114.49$4,144
Oct 1993374115.85$5,928
Sep 1993456115.03$6,854
Aug 1993371115.66$5,810
Jul 1993464115.46$7,173
Jun 1993384116.79$6,447
May 1993475117.68$8,398
Apr 1993474118.05$8,556
Mar 1993466118.14$8,453
Feb 1993461117.90$8,252
Jan 1993545116.93$9,227

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 2023 — as filed, then multipliedworked
Oil                    2 bbl  × $ 71.26 =       $143
Casinghead gas         0 Mcf  × $  2.61 =         $0

────────────────────────────────────────────────────
Month total                                     $143

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. 09/O/24391 is the state's own key, not one this site invented.