LOPEZ-CANALES

Name: LOPEZ-CANALES lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by COX & PERKINS EXPLORATION, INC. (P-5 183345) in the MESTENA GRANDE (QUEEN CITY, E.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 108093District 04Field 60823502NGPA filingCondensateGasSave Export

Value, all time

$445 k

Jan 1993 – May 2002

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

113

no gaps in the span

Streams

condensate, gas

The MESTENA GRANDE (QUEEN CITY, E.) field

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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered

1984-07-12

as the register files it

Field class

Gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1986-02-10.

The Commission's schedule remark for this field reads: “EFFECTIVE 8-1-03.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	8,412 bbl	$144,503
Gas	Production	304,358 Mcf	$300,156
Total			$444,660

195,934 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 27.3042, -98.5539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.30425, -98.55387 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,976 ft

1 wells filed one

Completion to plug

18.7 years

median over 1 well

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 9,976 ft.

Completions filed

Sep 1983

1 of 1 wells

Plug dates filed

May 2002

1 of 1 wells

Last completion to plug: a median of 18.7 years across the 1 well that filed both dates, with the middle half between 18.7 years and 18.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-24731553	1	9,976 ft	Sep 1983	May 2002	Yes

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 (113)

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

113 months


May 2002	32	0	24.66	3.58	$789
Apr 2002	0	1	23.65	3.51	$4
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	43	18.07	2.41	$103
Oct 2001	2	164	19.78	2.53	$454
Sep 2001	0	130	24.26	2.25	$293
Aug 2001	1	172	24.87	3.05	$550
Jul 2001	0	188	23.93	3.20	$601
Jun 2001	1	476	24.56	3.82	$1,845
May 2001	129	977	25.52	4.31	$7,500
Apr 2001	0	1,119	24.68	5.34	$5,970
Mar 2001	1	674	24.54	5.38	$3,648
Feb 2001	0	912	27.75	5.77	$5,260
Jan 2001	0	1,062	27.47	8.40	$8,919
Dec 2000	0	1,082	26.88	9.12	$9,871
Nov 2000	0	820	32.21	5.66	$4,640
Oct 2000	93	598	31.23	5.15	$5,981
Sep 2000	2	982	31.87	5.19	$5,157
Aug 2000	1	1,096	29.64	4.54	$5,006
Jul 2000	117	1,093	28.53	4.09	$7,808
Jun 2000	0	866	29.30	4.40	$3,808
May 2000	1	806	27.26	3.68	$2,993
Apr 2000	2	563	24.51	3.12	$1,803
Mar 2000	4	571	28.42	2.86	$1,747
Feb 2000	2	527	27.62	2.73	$1,492
Jan 2000	1	684	25.27	2.48	$1,722
Dec 1999	59	434	24.28	2.42	$2,484
Nov 1999	4	692	23.19	2.43	$1,777
Oct 1999	97	922	20.98	2.80	$4,620
Sep 1999	1	981	21.75	2.62	$2,591
Aug 1999	1	1,445	19.26	2.88	$4,175
Jul 1999	2	938	17.89	2.37	$2,261
Jun 1999	4	1,072	15.94	2.36	$2,596
May 1999	0	1,141	15.79	2.32	$2,648
Apr 1999	58	1,067	15.10	2.21	$3,232
Mar 1999	1	1,159	12.47	1.84	$2,143
Feb 1999	0	1,125	9.98	1.82	$2,045
Jan 1999	110	1,176	10.38	1.90	$3,376
Dec 1998	0	1,343	9.20	1.77	$2,382
Nov 1998	1	1,812	10.89	2.19	$3,971
Oct 1998	113	1,959	12.42	1.97	$5,261
Sep 1998	98	1,428	12.59	2.08	$4,208
Aug 1998	3	1,197	11.30	1.91	$2,317
Jul 1998	128	2,235	11.74	2.24	$6,503
Jun 1998	4	4,425	11.24	2.24	$9,945
May 1998	2	2,128	12.62	2.21	$4,720
Apr 1998	52	1,272	13.04	2.51	$3,865
Mar 1998	3	1,441	12.80	2.31	$3,366
Feb 1998	1	1,647	13.95	2.30	$3,801
Jan 1998	53	2,087	14.70	2.15	$5,276
Dec 1997	1	2,467	16.32	2.41	$5,965
Nov 1997	86	3,519	18.19	3.09	$12,432
Oct 1997	98	4,891	19.25	3.15	$17,292
Sep 1997	1	2,722	17.74	2.95	$8,061
Aug 1997	252	3,800	17.86	2.55	$14,209
Jul 1997	162	5,703	17.58	2.25	$15,662
Jun 1997	4	5,164	17.24	2.26	$11,725
May 1997	1	4,288	18.97	2.31	$9,918
Apr 1997	159	6,088	17.88	2.08	$15,523
Mar 1997	165	7,051	18.95	1.94	$16,800
Feb 1997	1	6,180	20.49	2.21	$13,653
Jan 1997	159	5,819	23.48	3.54	$24,331
Dec 1996	67	899	23.32	—	$1,562
Nov 1996	0	1,002	21.97	—	$0
Oct 1996	73	1,060	23.31	—	$1,702
Sep 1996	0	1,044	22.22	—	$0
Aug 1996	119	1,091	20.26	—	$2,411
Jul 1996	71	1,135	19.55	—	$1,388
Jun 1996	1	1,232	18.73	—	$19
May 1996	2	1,251	19.43	—	$39
Apr 1996	82	1,411	21.51	—	$1,764
Mar 1996	81	1,480	19.38	—	$1,570
Feb 1996	0	1,685	16.98	—	$0
Jan 1996	93	1,905	17.07	—	$1,588
Dec 1995	197	2,029	17.19	—	$3,386
Nov 1995	3	1,971	16.00	—	$48
Oct 1995	4	1,923	15.43	—	$62
Sep 1995	190	1,973	16.18	—	$3,074
Aug 1995	2	2,249	15.92	—	$32
Jul 1995	103	2,702	15.24	—	$1,570
Jun 1995	107	2,831	16.41	—	$1,756
May 1995	113	3,182	17.56	—	$1,984
Apr 1995	122	3,666	17.73	—	$2,163
Mar 1995	156	2,728	16.44	—	$2,565
Feb 1995	0	3,441	16.58	—	$0
Jan 1995	139	2,602	15.92	—	$2,213
Dec 1994	278	4,175	15.03	—	$4,178
Nov 1994	139	5,444	15.90	—	$2,210
Oct 1994	311	6,872	15.58	—	$4,845
Sep 1994	153	6,313	15.29	—	$2,339
Aug 1994	303	6,368	16.13	—	$4,887
Jul 1994	159	6,362	17.56	—	$2,792
Jun 1994	158	7,390	17.09	—	$2,700
May 1994	74	10,094	15.88	—	$1,175
Apr 1994	0	2,339	14.14	—	$0
Mar 1994	135	896	12.46	—	$1,682
Feb 1994	0	54	12.50	—	$0
Jan 1994	253	80	12.66	—	$3,203
Dec 1993	2	7,581	12.33	—	$25
Nov 1993	178	6,916	14.49	—	$2,579
Oct 1993	81	7,080	15.85	—	$1,284
Sep 1993	427	7,256	15.03	—	$6,418
Aug 1993	0	8,394	15.66	—	$0
Jul 1993	295	9,543	15.46	—	$4,561
Jun 1993	398	9,974	16.79	—	$6,682
May 1993	347	12,618	17.68	—	$6,135
Apr 1993	435	12,635	18.05	—	$7,852
Mar 1993	200	7,003	18.14	—	$3,628
Feb 1993	1	2,302	17.90	—	$18
Jan 1993	87	1,753	16.93	—	$1,473

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 2002 — as filed, then multipliedworked

Condensate            32 bbl  × $ 24.66 =       $789
Gas                    0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                     $789

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. 04/G/108093 is the state's own key, not one this site invented.