LOPEZ

Operated by FIELD PETROLEUM CORP. (P-5 266906) in the PAWNEE, S. (LULLING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12505District 02Field 69853150OilCasinghead gasSaveExport
Value, all time
$6.4 M
Mar 2022 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
51
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 4 leases and 7 wells, and the rule below applies to all of them.

Discovered
1982-09-09
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
OilDisposition77,829 bbl$6,289,071
Casinghead gasProduction19,770 Mcf$102,871
Total$6,391,942

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 28.5868, -98.0096. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.58681, -98.00955 · 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
6,559 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 6,559 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-0253401016,559 ftMar 2022

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 (51)

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

51 months

May 20262,21030106.413.05$235,257
Apr 20262,4093098.932.87$238,408
Mar 20262,1903089.753.15$196,647
Feb 20261,4543063.503.75$92,442
Jan 20261,2983059.138.00$76,991
Dec 20251,3183056.664.41$74,810
Nov 20251,1483058.593.93$67,379
Oct 20251,7093059.383.30$101,580
Sep 20251,4713062.743.08$92,383
Aug 20251,5273063.933.01$97,712
Jul 20251,7293066.743.32$115,493
Jun 20251,4943066.483.13$99,415
May 20251,1213060.553.23$67,974
Apr 20251,0863062.363.54$67,829
Mar 20251,4653067.704.27$99,309
Feb 20251,2383070.884.34$87,880
Jan 20251,3133074.324.28$97,711
Dec 20241,4953068.993.12$103,234
Nov 20241,6743069.052.20$115,656
Oct 20241,6533071.372.28$118,043
Sep 20241,5783069.612.36$109,916
Aug 20241,6133075.632.06$122,053
Jul 20245453079.932.15$43,626
Jun 20247393078.082.63$57,780
May 20241,0843078.812.20$85,496
Apr 20247403084.451.66$62,543
Mar 20241,0732980.301.55$86,207
Feb 20247422776.091.78$56,507
Jan 202491931573.023.30$68,144
Dec 20231,12454871.262.61$81,527
Nov 20231,14850477.892.81$90,833
Oct 20231,07156085.443.09$93,235
Sep 20231,08857089.042.74$98,434
Aug 20231,10161780.522.67$90,302
Jul 20231,29952474.852.64$98,614
Jun 20231,49560068.962.26$104,450
May 20231,11573570.622.23$80,378
Apr 20231,43866278.122.24$113,818
Mar 20231,65766872.852.39$122,311
Feb 20231,48770675.112.47$113,429
Jan 20231,64477376.533.39$128,434
Dec 20222,20386976.415.73$173,310
Nov 20221,6441,05985.005.65$145,719
Oct 20222,0051,04987.185.86$180,947
Sep 20221,8521,11684.888.16$166,308
Aug 20222,7121,12894.529.13$266,634
Jul 20222,4031,178101.587.54$252,981
Jun 20222,5541,230115.097.98$303,752
May 20222,3541,271109.378.43$268,175
Apr 20222,7461,260104.226.84$294,804
Mar 20221,654992108.885.08$185,123

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 2026 — as filed, then multipliedworked
Oil                2,210 bbl  × $106.41 =   $235,166
Casinghead gas        30 Mcf  × $  3.05 =        $91

────────────────────────────────────────────────────
Month total                                 $235,257

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/12505 is the state's own key, not one this site invented.