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Texas gas well

Producing

BENAVIDES, BELIA R. "C"

Benavides, Belia R. "C" is a gas well in Zapata County, Texas, operated by Varas Energy Operating Company, in the Hundido (Lobo) field.

1 well

8,542mcf gas, last 12 months−20% vs prior year
RRC lease
04-082509

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Where it sits

This county

Zapata CountyZapataJim HoggZapata County
Zapata County
Gas in Jul 2026
473 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Varas Energy Operating Company, took over from Hugoton Operating Company, Inc. in Jan 2025.

  • Buyer

    Buyer changed: ENERGY TRANSFER COMPANY replaced DCP OPERATING COMPANY, LP as the buyer of this lease's gas from gas wells on Jan 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output fell 20% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 20% over the last 12 monthsMonthly gas production for BENAVIDES, BELIA R. "C", Aug 2023 to Jul 2026. Gas output fell 20% over the last 12 months. 8,542 mcf in the 12 months through Jul 2026, against 10,666 mcf in the 12 months before.Last 12 months: 8,542 mcfmcf per month05001,0001,5002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 20% over the last 12 monthsMonthly gas production for BENAVIDES, BELIA R. "C", Aug 2023 to Jul 2026. Gas output fell 20% over the last 12 months. 8,542 mcf in the 12 months through Jul 2026, against 10,666 mcf in the 12 months before.Last 12 monthsmcf per month05001,0001,5002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

90% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
90% of the gas went to a transmission line in the last 12 monthsShare of BENAVIDES, BELIA R. "C" gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
90% of the gas went to a transmission line in the last 12 monthsShare of BENAVIDES, BELIA R. "C" gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    90% · 7,709 mcf

  • Lease fuel (1)

    9.8% · 833 mcf

Who has run this lease

The operator changed 2 times, most recently in Jan 2025

Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, In…Dec 2020 to Dec 2024Varas Energy Operating Compan…Jan 2025 to now
Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to Nov 2020; Hugoton Operating Company, Inc., Dec 2020 to Dec 2024; Varas Energy Operating Company,, Jan 2025 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Jan 2025Blackbeard Operating, LLCJan 2020 to Nov 2020Hugoton Operating Company, Inc.Dec 2020 to Dec 2024Varas Energy Operating Company,Jan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on BENAVIDES, BELIA R. "C"
API numberWell no.Status
42-505-310674 AActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermCondensateGathers50Dec 1, 2022–
Gulfmark Energy, Inc.CondensateGathers50May 1, 2020–
Energy Transfer CompanyGas-well gasBuys100Jan 1, 2025–
Varas Energy Operating Company,Gas-well gasGathers100Jun 1, 2026–
Hugoton Operating Company, Inc.Gas-well gasGathers100Jun 1, 2021Jun 1, 2026
Dcp Operating Company, LPGas-well gasBuys100Dec 1, 2019Jan 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers50May 1, 2020Dec 1, 2022
Bluestone Natural Res. Ii, LLCGas-well gasGathers100Dec 1, 2019Jun 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Dec 1, 2019May 1, 2020
Flint Hills Resources, LPCondensateGathers100Jul 1, 2005Dec 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

640 acres on the newest permit

Permits for Benavides, Belia R. "C"
API numberWell no.Acreson the permit
42-505-310674 A640

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for BENAVIDES, BELIA R. "C"
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Varas Energy4734360$80.46$2.89
Jun 2026Varas Energy5745310$84.81$3.15
May 2026Varas Energy7567010$102.13$2.94
Apr 2026Varas Energy6956130$100.32$2.77
Mar 2026Varas Energy6746010$91.38$3.04
Feb 2026Varas Energy3573130$64.51$3.62
Jan 2026Varas Energy7206110$60.04$7.72
Dec 2025Varas Energy9508470$57.97$4.26
Nov 2025Varas Energy7196380$60.06$3.79
Oct 2025Varas Energy9758960$60.89$3.19
Sep 2025Varas Energy1,0911,0150$63.96$2.97
Aug 2025Varas Energy5585070$64.86$2.91
Jul 2025Varas Energy8868030$68.39$3.20
Jun 2025Varas Energy8237470$68.17$3.02
May 2025Varas Energy9628760$62.17$3.12
Apr 2025Varas Energy9989130$63.54$3.42
Mar 2025Varas Energy1,0009020$68.24$4.12
Feb 2025Varas Energy7056390$71.53$4.19
Jan 2025Varas Energy8427630$75.74$4.13
Dec 2024Hugoton Operating1,1641,0520$70.12$3.01
Nov 2024Hugoton Operating9748760$69.95$2.12
Oct 2024Hugoton Operating9548570$71.99$2.20
Sep 2024Hugoton Operating8447520$70.24$2.28
Aug 2024Hugoton Operating5144510$76.68$1.99
Jul 2024Hugoton Operating8427400$81.80$2.07
Jun 2024Hugoton Operating9127910$79.77$2.54
May 2024Hugoton Operating1,7001,5020$80.02$2.12
Apr 2024Hugoton Operating000$85.35$1.60
Mar 2024Hugoton Operating000$81.28$1.49
Feb 2024Hugoton Operating000$77.25$1.72
Jan 2024Hugoton Operating000$74.15$3.18
Dec 2023Hugoton Operating5675150$71.90$2.52
Nov 2023Hugoton Operating5654960$77.69$2.71
Oct 2023Hugoton Operating4884390$85.64$2.98
Sep 2023Hugoton Operating5855230$89.43$2.64
Aug 2023Hugoton Operating6075470$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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