BENEDICT

Operated by OILWELL OPERATORS, INC. (P-5 621040) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 23041District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$141 k
Jan 1993 – Feb 2016
Value, last 12 filed months
$283
at the published price for each month
Months reported
278
no gaps in the span
Streams
1
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
GasProduction56,689 Mcf$140,662
Total$140,662

23,060 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 (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 35.3807, -100.9194. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.38071, -100.91936 · 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
2,827 ft
1 wells filed one
Completion to plug
no well filed both dates

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 2,827 ft.

Plug dates filed
Mar 2016
1 of 1 wells

1 well

42-1790417112,827 ftMar 2016Yes

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 (278)

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

278 months

Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015155.212.96$3
Apr 20154549.822.71$122
Mar 20155442.892.93$158
Feb 20154844.662.98$143
Jan 20154643.433.10$143
Dec 20143854.693.59$136
Nov 20142970.464.25$123
Oct 20147178.303.90$277
Sep 20146186.164.05$247
Aug 20148189.394.04$327
Jul 20147796.564.18$322
Jun 20145998.164.74$279
May 20146094.734.73$284
Apr 20144695.944.81$221
Mar 20145595.895.06$278
Feb 20143697.406.19$223
Jan 2014290.404.86$10
Dec 2013191.824.35$4
Nov 20135088.853.74$187
Oct 20138297.423.78$310
Sep 201385104.113.72$316
Aug 201398104.253.52$345
Jul 2013117102.523.72$435
Jun 20137594.403.93$295
May 20138394.834.15$344
Apr 20131793.964.28$73
Mar 20138993.623.91$348
Feb 20139391.233.42$318
Jan 20138691.603.42$294
Dec 20127386.773.42$250
Nov 20126086.953.62$218
Oct 20126689.383.40$224
Sep 20129794.672.92$283
Aug 201210192.662.91$294
Jul 20129885.133.02$296
Jun 201211179.822.52$280
May 20129191.612.49$226
Apr 2012111101.652.00$222
Mar 2012115105.052.22$256
Feb 201292101.102.57$236
Jan 20124298.092.73$115
Dec 20115596.873.24$178
Nov 20118495.723.31$278
Oct 20119184.983.65$332
Sep 20119483.623.99$375
Aug 20119183.404.15$378
Jul 20117094.144.52$316
Jun 201110092.904.64$464
May 201111298.134.40$493
Apr 2011107105.964.33$464
Mar 20119296.364.06$373
Feb 20116885.644.18$284
Jan 20118886.504.59$404
Dec 20108785.734.35$378
Nov 20109580.843.80$361
Oct 201011978.103.51$418
Sep 20104172.633.98$163
Aug 20102973.684.42$128
Jul 20108872.554.74$417
Jun 20108570.364.91$417
May 20105971.124.24$250
Apr 20105581.694.12$227
Mar 20106078.394.39$263
Feb 20105573.585.44$299
Jan 20105374.365.96$316
Dec 20093471.445.48$186
Nov 20096474.593.75$240
Oct 20098672.544.11$353
Sep 20098365.543.06$254
Aug 20099067.423.22$290
Jul 20098761.133.46$301
Jun 20098766.163.90$339
May 20097754.743.93$302
Apr 20097446.773.59$265
Mar 20098942.144.06$361
Feb 20097432.814.63$343
Jan 20096735.865.37$360
Dec 20087037.105.98$418
Nov 20086655.496.86$453
Oct 20085175.246.92$353
Sep 200835101.767.88$276
Aug 200841114.228.48$348
Jul 200840131.0811.39$456
Jun 200861131.3313.03$795
May 200891123.1711.57$1,053
Apr 200886110.3110.45$899
Mar 200885101.909.66$821
Feb 20088592.538.77$746
Jan 20088790.388.21$714
Dec 20078688.337.30$628
Nov 20078691.677.29$627
Oct 20079182.856.92$630
Sep 20078875.846.24$549
Aug 20079069.066.39$575
Jul 20079170.906.39$581
Jun 20078862.007.55$664
May 20079358.747.85$730
Apr 20079759.617.81$757
Mar 20079156.927.30$664
Feb 20078055.108.22$657
Jan 20078450.306.73$565
Dec 20067556.656.92$519
Nov 200612654.207.62$960
Oct 200613854.906.01$830
Sep 200612660.085.04$635
Aug 200614168.717.34$1,035
Jul 200614069.376.34$888
Jun 200613566.286.38$862
May 200614266.016.42$912
Apr 200611664.397.36$854
Mar 200612556.707.08$885
Feb 200610657.597.75$822
Jan 200611860.598.93$1,054
Dec 200511754.9413.42$1,570
Nov 200511654.6910.59$1,228
Oct 200519258.3413.80$2,649
Sep 200516561.4512.08$1,993
Aug 200516361.519.80$1,597
Jul 200518755.697.84$1,467
Jun 200520352.337.38$1,498
May 200520445.226.65$1,357
Apr 200519049.207.36$1,398
Mar 200517650.377.15$1,259
Feb 200518745.226.31$1,180
Jan 200520643.166.32$1,302
Dec 200420939.866.75$1,411
Nov 200412145.286.33$766
Oct 200420849.706.52$1,355
Sep 200418143.245.28$956
Aug 200419642.375.55$1,088
Jul 200418238.286.08$1,107
Jun 200418036.106.43$1,158
May 200416437.486.49$1,065
Apr 200416034.475.86$937
Mar 200416834.365.53$929
Feb 200415632.455.51$860
Jan 200418832.036.30$1,184
Dec 200319430.266.30$1,223
Nov 200317828.804.60$818
Oct 200319628.174.76$933
Sep 200316426.314.75$779
Aug 200319429.765.13$995
Jul 200318229.415.17$941
Jun 200317028.565.98$1,017
May 200316626.595.97$991
Apr 200316226.675.41$876
Mar 200319031.146.10$1,158
Feb 200315833.487.93$1,252
Jan 200317430.315.58$971
Dec 200218026.914.85$874
Nov 200216824.664.14$695
Oct 200217626.464.23$744
Sep 200219127.443.64$694
Aug 200219625.963.16$620
Jul 200219224.583.06$588
Jun 200218723.733.34$624
May 200213024.663.58$466
Apr 200213823.653.51$485
Mar 200213822.003.10$428
Feb 200211218.222.38$266
Jan 200216017.172.38$380
Dec 200116816.932.36$397
Nov 200112818.072.41$308
Oct 200118119.782.53$458
Sep 200119424.262.25$437
Aug 200116424.873.05$501
Jul 200116923.933.20$540
Jun 200115124.563.82$577
May 200116025.524.31$689
Apr 200114224.685.34$758
Mar 200114424.545.38$774
Feb 200110327.755.77$594
Jan 200110827.478.40$907
Dec 20009326.889.12$848
Nov 200013832.215.66$781
Oct 200013831.235.15$710
Sep 200012631.875.19$654
Aug 200013429.644.54$608
Jul 200011128.534.09$454
Jun 200012029.304.40$528
May 20005527.263.68$202
Apr 20009224.513.12$287
Mar 200025128.422.86$718
Feb 200024227.622.73$660
Jan 200027725.272.48$687
Dec 199928224.282.42$683
Nov 199929523.192.43$718
Oct 199932220.982.80$903
Sep 199931121.752.62$814
Aug 199935219.262.88$1,012
Jul 199935017.892.37$830
Jun 199934915.942.36$824
May 199933615.792.32$780
Apr 199933715.102.21$744
Mar 199935212.471.84$647
Feb 19993289.981.82$596
Jan 199933910.381.90$644
Dec 19983519.201.77$622
Nov 199832810.892.19$717
Oct 199835112.421.97$691
Sep 199835312.592.08$735
Aug 199836311.301.91$692
Jul 199837011.742.24$828
Jun 199835511.242.24$794
May 199838012.622.21$838
Apr 199836813.042.51$922
Mar 199837012.802.31$854
Feb 199832813.952.30$754
Jan 199836714.702.15$791
Dec 199737216.322.41$897
Nov 199736418.193.09$1,124
Oct 199737019.253.15$1,165
Sep 199736417.742.95$1,076
Aug 199738017.862.55$971
Jul 199741417.582.25$930
Jun 199738817.242.26$876
May 199738018.972.31$877
Apr 199739817.882.08$829
Mar 199741018.951.94$795
Feb 199736620.492.21$807
Jan 199739923.483.54$1,412
Dec 199641023.32$0
Nov 199640021.97$0
Oct 199642023.31$0
Sep 199641422.22$0
Aug 199642820.26$0
Jul 199643819.55$0
Jun 199642018.73$0
May 199645019.43$0
Apr 199642421.51$0
Mar 199643219.38$0
Feb 199640016.98$0
Jan 199641017.07$0
Dec 199542817.19$0
Nov 199542016.00$0
Oct 199545215.43$0
Sep 199544816.18$0
Aug 199547615.92$0
Jul 199523815.24$0
Jun 199546416.41$0
May 199548417.56$0
Apr 199546417.73$0
Mar 199547516.44$0
Feb 199543416.58$0
Jan 199548115.92$0
Dec 199448915.03$0
Nov 199448015.90$0
Oct 199449315.58$0
Sep 199449515.29$0
Aug 199451516.13$0
Jul 199451917.56$0
Jun 199449817.09$0
May 199451215.88$0
Apr 199449114.14$0
Mar 199450912.46$0
Feb 199446612.50$0
Jan 199451012.66$0
Dec 199354812.33$0
Nov 199353914.49$0
Oct 199356015.85$0
Sep 199355815.03$0
Aug 199358315.66$0
Jul 199359715.46$0
Jun 199356016.79$0
May 199358617.68$0
Apr 199356818.05$0
Mar 199358718.14$0
Feb 199351317.90$0
Jan 199357416.93$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 2015 — as filed, then multipliedworked
Gas                    1 Mcf  × $  2.96 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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. 10/G/23041 is the state's own key, not one this site invented.