LOPEZ UNIT

Operated by VERDUN OIL & GAS LLC (P-5 884566) in the EAGLEVILLE (EAGLE FORD-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10525District 02Field 27135750Hydrogen sulphide fieldST-1 filingOilCasinghead gasSaveExport
Value, all time
$25.4 M
May 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
157
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 3,304 leases and 7,959 wells, and the rule below applies to all of them.

Discovered
2009-03-20
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 40 acres. The field rule took effect on 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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
ST-13none3 dockets

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
OilDisposition255,122 bbl$20,689,484
Casinghead gasProduction1,154,408 Mcf$4,666,841
Total$25,356,324

Wells on this lease (5)

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 28.6012, -98.2349. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

28.60266, -98.23458 · 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
60.0%
3 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
12,460 ft
5 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
360.0%
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.
240.0%

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 11,974 and 12,465 ft, median 12,460 ft, over the 5 wells that filed a depth.

Completions filed
May 2013 – Feb 2020
5 of 5 wells

5 wells

42-29735446312,465 ftFeb 2020Yes
42-2973587910411,974 ftNov 2017Yes
42-2973588020412,381 ftNov 2017Yes
42-29735445212,465 ftDec 2013
42-29735290112,460 ftMay 2013

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 (157)

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

157 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 20233070.622.23$212
Apr 20230078.122.24$0
Mar 202303472.852.39$81
Feb 20230475.112.47$10
Jan 20230176.533.39$3
Dec 20220276.415.73$11
Nov 202201785.005.65$96
Oct 2022010387.185.86$604
Sep 202203684.888.16$294
Aug 2022040494.529.13$3,687
Jul 202204,160101.587.54$31,375
Jun 202200115.097.98$0
May 202201109.378.43$8
Apr 20220273104.226.84$1,867
Mar 20220919108.885.08$4,665
Feb 20220091.054.86$0
Jan 20220681.844.54$27
Dec 202142571.323.90$383
Nov 20212077.435.24$155
Oct 20219512579.795.71$8,294
Sep 20213069.865.35$210
Aug 202104766.024.22$198
Jul 2021039770.783.98$1,581
Jun 20213043569.493.38$3,555
May 20214134463.483.02$3,641
Apr 20211824960.362.76$1,773
Mar 20211456861.302.72$2,401
Feb 20215134357.805.55$29,890
Jan 2021483150.412.81$2,507
Dec 2020301644.642.68$1,382
Nov 2020185938.772.71$858
Oct 202012036.972.48$444
Sep 202004537.091.99$90
Aug 20203039.982.39$120
Jul 2020344438.371.83$925
Jun 202038034.901.69$240
May 20200016.921.81$0
Apr 202008614.751.80$155
Mar 2020015230.341.86$282
Feb 202001249.881.98$24
Jan 202001557.252.09$31
Dec 20190259.012.30$5
Nov 2019010755.302.75$294
Oct 2019013553.472.42$327
Sep 20191625055.052.66$1,545
Aug 2019081553.112.30$1,878
Jul 2019452956.272.46$1,526
Jun 2019102,15352.782.49$5,891
May 201901,11758.482.74$3,061
Apr 2019060962.632.75$1,675
Mar 2019014956.803.06$456
Feb 201905550.852.79$154
Jan 201906,64546.033.23$21,451
Dec 201826,63046.594.19$27,843
Nov 2018767,90352.934.24$37,510
Oct 20183423,95661.443.40$34,455
Sep 2018228759.543.11$1,011
Aug 201810585959.403.07$8,871
Jul 20181011,01965.142.93$9,567
Jun 20181846260.183.08$2,505
May 2018402765.382.90$2,694
Apr 2018818663.842.90$1,050
Mar 20181061.222.79$61
Feb 20187018261.782.77$4,828
Jan 20181,010262.874.01$63,507
Dec 2017219057.272.92$12,542
Nov 201776765055.423.12$44,534
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201788538743.873.09$40,020
Jun 20171,6285,21642.493.09$85,277
May 20175305,65645.373.26$42,504
Apr 20178984,60247.933.21$57,821
Mar 20171,6185,69946.772.98$92,678
Feb 20171,0854,86250.452.95$69,094
Jan 20177385,73349.413.42$56,065
Dec 20167225,20448.763.72$54,578
Nov 20161,4406,70542.492.64$78,916
Oct 20161,4426,53846.193.09$86,810
Sep 20161,4147,19341.553.10$81,055
Aug 20161,4207,23241.442.92$79,994
Jul 20161,3547,40741.622.92$78,014
Jun 20161,4017,56245.352.69$83,846
May 20161,4278,66142.521.99$77,920
Apr 20161,9647,98536.561.99$87,702
Mar 20161,6598,80533.011.79$70,560
Feb 20161,4428,17026.472.06$55,030
Jan 20161,8099,12127.352.36$71,041
Dec 20152,3659,90532.362.00$96,355
Nov 20151,4299,99738.792.17$77,098
Oct 20151,77111,14243.552.43$104,164
Sep 20152,3049,84142.992.76$126,195
Aug 20152,63112,04240.162.87$140,251
Jul 20152,24312,73748.152.95$145,512
Jun 20152,47012,41456.152.88$174,478
May 20153,36613,99255.212.96$227,190
Apr 20152,92714,21149.822.71$184,286
Mar 20153,55615,01142.892.93$196,570
Feb 20153,21015,39544.662.98$189,177
Jan 20154,61519,80143.433.10$261,825
Dec 20146,02324,21654.693.59$416,366
Nov 20149,49934,26770.464.25$814,997
Oct 20141,5607,91778.303.90$153,032
Sep 20142,09210,98086.164.05$224,666
Aug 20142,49310,01889.394.04$263,273
Jul 20145,63730,14396.564.18$670,294
Jun 20146,80134,96998.164.74$833,230
May 20149,62947,74594.734.73$1,137,825
Apr 201411,68265,25595.944.81$1,434,590
Mar 201420,742107,16295.895.06$2,530,847
Feb 201414,32253,48397.406.19$1,726,130
Jan 201425,89691,76590.404.86$2,787,042
Dec 201312,05437,68591.824.35$1,270,897
Nov 20132,67713,84688.853.74$289,612
Oct 20133,79918,23697.423.78$439,019
Sep 20134,71223,627104.113.72$578,405
Aug 20136,60532,949104.253.52$804,638
Jul 201310,60450,721102.523.72$1,275,690
Jun 201316,54571,64394.403.93$1,843,649
May 201320,35664,69394.834.15$2,198,776

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 2023 — as filed, then multipliedworked
Oil                    3 bbl  × $ 70.62 =       $212
Casinghead gas         0 Mcf  × $  2.23 =         $0

────────────────────────────────────────────────────
Month total                                     $212

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. 02/O/10525 is the state's own key, not one this site invented.