BENEDICT

Operated by BCE-MACH III LLC (P-5 40209) 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 48760District 10Field 68831001CondensateGasSaveExport
Value, all time
$834 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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.

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
CondensateDisposition126 bbl$6,594
GasProduction300,344 Mcf$827,765
Total$834,359

103,610 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 35.4258, -101.1363. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.42580, -101.13630 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
2,772 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
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 2,772 ft.

Completions filed
Mar 1970
1 of 1 wells

1 well

42-0653002512,772 ftMar 1970

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 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
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 2020046457.252.09$972
Dec 20190059.012.30$0
Nov 2019032855.302.75$902
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019018756.272.46$460
Jun 2019041052.782.49$1,021
May 2019042158.482.74$1,154
Apr 2019044662.632.75$1,227
Mar 2019038156.803.06$1,167
Feb 2019010450.852.79$290
Jan 2019035146.033.23$1,133
Dec 2018036446.594.19$1,524
Nov 2018035252.934.24$1,492
Oct 2018036661.443.40$1,244
Sep 2018034759.543.11$1,078
Aug 2018035659.403.07$1,092
Jul 2018033165.142.93$970
Jun 2018033060.183.08$1,015
May 2018035765.382.90$1,036
Apr 2018022763.842.90$658
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 2017018747.523.09$577
Aug 2017033245.373.00$997
Jul 2017034043.873.09$1,050
Jun 2017033942.493.09$1,047
May 2017034745.373.26$1,132
Apr 2017034547.933.21$1,108
Mar 2017033246.772.98$991
Feb 2017032850.452.95$968
Jan 2017030749.413.42$1,050
Dec 2016035248.763.72$1,310
Nov 2016038142.492.64$1,008
Oct 2016039546.193.09$1,221
Sep 2016037341.553.10$1,157
Aug 2016032041.442.92$936
Jul 2016040041.622.92$1,170
Jun 2016037345.352.69$1,002
May 2016035542.521.99$707
Apr 2016035536.561.99$707
Mar 2016034033.011.79$610
Feb 2016038426.472.06$792
Jan 2016051327.352.36$1,213
Dec 2015057032.362.00$1,141
Nov 2015035338.792.17$765
Oct 2015039043.552.43$946
Sep 2015035542.992.76$979
Aug 2015038940.162.87$1,117
Jul 2015041248.152.95$1,213
Jun 2015044156.152.88$1,271
May 2015029855.212.96$881
Apr 2015038849.822.71$1,050
Mar 2015047342.892.93$1,388
Feb 2015037244.662.98$1,107
Jan 2015051143.433.10$1,584
Dec 2014039654.693.59$1,422
Nov 2014034770.464.25$1,475
Oct 2014054778.303.90$2,134
Sep 2014030886.164.05$1,246
Aug 2014023989.394.04$964
Jul 2014049496.564.18$2,065
Jun 2014047598.164.74$2,250
May 2014049394.734.73$2,330
Apr 2014035895.944.81$1,722
Mar 2014027295.895.06$1,375
Feb 2014025997.406.19$1,604
Jan 2014043390.404.86$2,105
Dec 2013041891.824.35$1,820
Nov 2013046588.853.74$1,738
Oct 2013050997.423.78$1,924
Sep 20130485104.113.72$1,803
Aug 20130502104.253.52$1,768
Jul 20130469102.523.72$1,744
Jun 2013034494.403.93$1,353
May 2013038394.834.15$1,589
Apr 2013033593.964.28$1,435
Mar 2013035893.623.91$1,401
Feb 2013035791.233.42$1,221
Jan 2013060091.603.42$2,052
Dec 2012050186.773.42$1,714
Nov 2012044786.953.62$1,620
Oct 2012047489.383.40$1,611
Sep 2012046694.672.92$1,360
Aug 2012050092.662.91$1,454
Jul 2012042185.133.02$1,272
Jun 2012042779.822.52$1,076
May 2012029391.612.49$729
Apr 20120420101.652.00$839
Mar 20120456105.052.22$1,013
Feb 20120390101.102.57$1,002
Jan 2012043198.092.73$1,178
Dec 2011038896.873.24$1,257
Nov 2011045595.723.31$1,507
Oct 2011042484.983.65$1,547
Sep 2011033683.623.99$1,339
Aug 2011030483.404.15$1,261
Jul 2011039694.144.52$1,789
Jun 2011040392.904.64$1,870
May 2011054798.134.40$2,409
Apr 20110467105.964.33$2,024
Mar 2011046596.364.06$1,887
Feb 2011037785.644.18$1,576
Jan 2011043986.504.59$2,014
Dec 2010044585.734.35$1,935
Nov 2010040680.843.80$1,541
Oct 2010035478.103.51$1,242
Sep 2010035372.633.98$1,405
Aug 2010036073.684.42$1,591
Jul 2010035072.554.74$1,658
Jun 2010050970.364.91$2,499
May 2010057671.124.24$2,439
Apr 2010044081.694.12$1,814
Mar 2010047578.394.39$2,085
Feb 2010055873.585.44$3,037
Jan 2010049574.365.96$2,952
Dec 2009046071.445.48$2,523
Nov 2009046274.593.75$1,733
Oct 2009041172.544.11$1,689
Sep 2009037265.543.06$1,140
Aug 2009035567.423.22$1,143
Jul 2009038161.133.46$1,320
Jun 2009033466.163.90$1,301
May 2009047354.743.93$1,857
Apr 2009044046.773.59$1,579
Mar 2009047742.144.06$1,936
Feb 2009053732.814.63$2,488
Jan 2009023035.865.37$1,235
Dec 2008026037.105.98$1,554
Nov 2008055855.496.86$3,828
Oct 2008098575.246.92$6,818
Sep 20080539101.767.88$4,246
Aug 20080505114.228.48$4,284
Jul 20080534131.0811.39$6,082
Jun 20080495131.3313.03$6,451
May 20080577123.1711.57$6,678
Apr 20080509110.3110.45$5,322
Mar 20080325101.909.66$3,141
Feb 2008061192.538.77$5,359
Jan 2008077190.388.21$6,327
Dec 2007047988.337.30$3,498
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007046369.066.39$2,958
Jul 2007059170.906.39$3,775
Jun 2007062762.007.55$4,733
May 2007080558.747.85$6,316
Apr 2007041659.617.81$3,247
Mar 2007074256.927.30$5,418
Feb 200703455.108.22$279
Jan 2007078450.306.73$5,274
Dec 2006073056.656.92$5,050
Nov 2006077554.207.62$5,904
Oct 2006080054.906.01$4,811
Sep 20060060.085.04$0
Aug 2006019268.717.34$1,409
Jul 2006028869.376.34$1,827
Jun 2006047766.286.38$3,045
May 2006053966.016.42$3,463
Apr 2006076864.397.36$5,653
Mar 2006096856.707.08$6,856
Feb 2006063057.597.75$4,883
Jan 2006025160.598.93$2,242
Dec 2005047554.9413.42$6,372
Nov 2005066654.6910.59$7,052
Oct 2005083458.3413.80$11,506
Sep 2005081161.4512.08$9,796
Aug 2005082261.519.80$8,053
Jul 2005066055.697.84$5,177
Jun 200512672052.337.38$11,908
May 2005064745.226.65$4,303
Apr 2005038549.207.36$2,834
Mar 2005084050.377.15$6,010
Feb 2005035745.226.31$2,253
Jan 2005056443.166.32$3,566
Dec 2004047739.866.75$3,220
Nov 2004041145.286.33$2,602
Oct 2004050749.706.52$3,303
Sep 2004083643.245.28$4,417
Aug 200401,02242.375.55$5,673
Jul 200401,03838.286.08$6,315
Jun 200401,08236.106.43$6,961
May 200401,05837.486.49$6,871
Apr 200401,13734.475.86$6,661
Mar 2004095734.365.53$5,292
Feb 200401,03632.455.51$5,708
Jan 200401,00532.036.30$6,331
Dec 200301,12730.266.30$7,102
Nov 200301,04028.804.60$4,779
Oct 200301,24128.174.76$5,907
Sep 200301,20026.314.75$5,699
Aug 200301,70729.765.13$8,756
Jul 200301,58729.415.17$8,206
Jun 2003094028.565.98$5,624
May 200301,30526.595.97$7,794
Apr 200301,14226.675.41$6,175
Mar 200301,26631.146.10$7,718
Feb 2003078733.487.93$6,238
Jan 2003058230.315.58$3,249
Dec 200201,10226.914.85$5,349
Nov 2002085824.664.14$3,550
Oct 200201,06826.464.23$4,517
Sep 200201,13427.443.64$4,122
Aug 200201,26425.963.16$4,000
Jul 200201,37424.583.06$4,207
Jun 200201,14023.733.34$3,806
May 200201,35624.663.58$4,860
Apr 200201,42023.653.51$4,987
Mar 200201,23122.003.10$3,819
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001038016.932.36$898
Nov 200101,17618.072.41$2,829
Oct 200101,37319.782.53$3,472
Sep 200101,33724.262.25$3,010
Aug 200101,45824.873.05$4,452
Jul 200101,39123.933.20$4,447
Jun 200101,25224.563.82$4,788
May 200101,24325.524.31$5,354
Apr 200101,18924.685.34$6,344
Mar 200101,48124.545.38$7,963
Feb 2001052927.755.77$3,051
Jan 200101,36727.478.40$11,481
Dec 200001,23826.889.12$11,294
Nov 200001,19832.215.66$6,778
Oct 200001,36831.235.15$7,039
Sep 200001,14831.875.19$5,954
Aug 200001,43929.644.54$6,534
Jul 200001,50928.534.09$6,171
Jun 200001,34029.304.40$5,892
May 200001,39027.263.68$5,115
Apr 200001,54924.513.12$4,827
Mar 2000070628.422.86$2,019
Feb 200001,30627.622.73$3,561
Jan 200001,61825.272.48$4,013
Dec 1999090424.282.42$2,191
Nov 199901,51423.192.43$3,685
Oct 199901,79220.982.80$5,024
Sep 199902,02121.752.62$5,293
Aug 1999046219.262.88$1,329
Jul 1999023117.892.37$548
Jun 199901,37815.942.36$3,255
May 199901,05215.792.32$2,442
Apr 199901,55015.102.21$3,422
Mar 199901,68312.471.84$3,094
Feb 199901,2089.981.82$2,196
Jan 1999098910.381.90$1,879
Dec 199801,3899.201.77$2,463
Nov 199801,54010.892.19$3,366
Oct 199801,71812.421.97$3,383
Sep 199801,67112.592.08$3,480
Aug 199801,78011.301.91$3,395
Jul 199801,65611.742.24$3,705
Jun 199801,81811.242.24$4,067
May 199801,75112.622.21$3,863
Apr 199801,72113.042.51$4,312
Mar 199801,37512.802.31$3,175
Feb 199801,50613.952.30$3,462
Jan 199801,65914.702.15$3,575
Dec 199701,74416.322.41$4,205
Nov 199701,71818.193.09$5,306
Oct 199701,82719.253.15$5,755
Sep 199701,60717.742.95$4,748
Aug 199701,86017.862.55$4,752
Jul 199701,93417.582.25$4,346
Jun 199701,91917.242.26$4,332
May 199702,22018.972.31$5,125
Apr 199701,26417.882.08$2,633
Mar 199701,99518.951.94$3,869
Feb 199701,60520.492.21$3,540
Jan 199701,64423.483.54$5,819
Dec 199601,96923.32$0
Nov 199601,67921.97$0
Oct 199601,95423.31$0
Sep 199602,05622.22$0
Aug 199602,11120.26$0
Jul 199602,15919.55$0
Jun 199602,06918.73$0
May 199602,23919.43$0
Apr 199602,09021.51$0
Mar 199602,17019.38$0
Feb 199602,03216.98$0
Jan 199601,61317.07$0
Dec 199501,94317.19$0
Nov 199501,77516.00$0
Oct 199501,88115.43$0
Sep 199502,05416.18$0
Aug 199502,16415.92$0
Jul 199502,23115.24$0
Jun 199501,84416.41$0
May 199502,06317.56$0
Apr 199502,24017.73$0
Mar 199502,00016.44$0
Feb 199501,86316.58$0
Jan 199502,05915.92$0
Dec 199402,14815.03$0
Nov 199402,27715.90$0
Oct 199402,64015.58$0
Sep 199401,86615.29$0
Aug 199402,25016.13$0
Jul 199401,95317.56$0
Jun 199402,53417.09$0
May 199402,46715.88$0
Apr 199402,26114.14$0
Mar 199402,63312.46$0
Feb 199401,99112.50$0
Jan 199402,08912.66$0
Dec 199302,87912.33$0
Nov 199301,03314.49$0
Oct 199302,51815.85$0
Sep 199302,54915.03$0
Aug 199302,70315.66$0
Jul 199302,30215.46$0
Jun 199302,69216.79$0
May 199302,79617.68$0
Apr 199302,95318.05$0
Mar 199301,83918.14$0
Feb 199302,14017.90$0
Jan 199301,83916.93$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.

Jan 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 57.25 =         $0
Gas                  464 Mcf  × $  2.09 =       $972

────────────────────────────────────────────────────
Month total                                     $972

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/48760 is the state's own key, not one this site invented.