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 110106District 04Field 60823502NGPA filingCondensateGasSave Export

Value, all time

$475 k

Jan 1993 – Jun 2002

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

114

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	6,208 bbl	$107,321
Gas	Production	498,764 Mcf	$367,831
Total			$475,152

365,110 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 27.3091, -98.5451. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.30910, -98.54513 · 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

10,013 ft

1 wells filed one

Completion to plug

18.2 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 10,013 ft.

Completions filed

Apr 1984

1 of 1 wells

Plug dates filed

Jun 2002

1 of 1 wells

Last completion to plug: a median of 18.2 years across the 1 well that filed both dates, with the middle half between 18.2 years and 18.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-24731574	2	10,013 ft	Apr 1984	Jun 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 (114)

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

114 months


Jun 2002	0	0	23.73	3.34	$0
May 2002	162	0	24.66	3.58	$3,995
Apr 2002	3	439	23.65	3.51	$1,613
Mar 2002	0	54	22.00	3.10	$168
Feb 2002	3	96	18.22	2.38	$283
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	2	268	16.93	2.36	$668
Nov 2001	0	269	18.07	2.41	$647
Oct 2001	5	762	19.78	2.53	$2,026
Sep 2001	1	382	24.26	2.25	$884
Aug 2001	2	465	24.87	3.05	$1,469
Jul 2001	1	565	23.93	3.20	$1,830
Jun 2001	0	427	24.56	3.82	$1,633
May 2001	54	697	25.52	4.31	$4,380
Apr 2001	0	282	24.68	5.34	$1,505
Mar 2001	2	435	24.54	5.38	$2,388
Feb 2001	1	1,054	27.75	5.77	$6,106
Jan 2001	1	1,122	27.47	8.40	$9,451
Dec 2000	0	1,535	26.88	9.12	$14,003
Nov 2000	0	1,078	32.21	5.66	$6,099
Oct 2000	60	884	31.23	5.15	$6,422
Sep 2000	5	1,391	31.87	5.19	$7,374
Aug 2000	1	1,868	29.64	4.54	$8,512
Jul 2000	66	1,503	28.53	4.09	$8,030
Jun 2000	0	1,444	29.30	4.40	$6,350
May 2000	1	1,524	27.26	3.68	$5,635
Apr 2000	2	1,252	24.51	3.12	$3,950
Mar 2000	4	1,332	28.42	2.86	$3,923
Feb 2000	2	1,191	27.62	2.73	$3,303
Jan 2000	1	1,826	25.27	2.48	$4,555
Dec 1999	121	1,931	24.28	2.42	$7,618
Nov 1999	4	1,763	23.19	2.43	$4,384
Oct 1999	84	1,885	20.98	2.80	$7,047
Sep 1999	1	1,974	21.75	2.62	$5,191
Aug 1999	2	2,354	19.26	2.88	$6,808
Jul 1999	5	1,896	17.89	2.37	$4,587
Jun 1999	7	2,102	15.94	2.36	$5,077
May 1999	0	2,284	15.79	2.32	$5,301
Apr 1999	116	2,134	15.10	2.21	$6,464
Mar 1999	2	2,058	12.47	1.84	$3,808
Feb 1999	0	2,479	9.98	1.82	$4,506
Jan 1999	81	2,260	10.38	1.90	$5,135
Dec 1998	0	2,087	9.20	1.77	$3,701
Nov 1998	0	2,613	10.89	2.19	$5,711
Oct 1998	63	2,749	12.42	1.97	$6,196
Sep 1998	69	2,590	12.59	2.08	$6,263
Aug 1998	4	2,773	11.30	1.91	$5,334
Jul 1998	70	3,101	11.74	2.24	$7,760
Jun 1998	3	3,009	11.24	2.24	$6,766
May 1998	2	3,110	12.62	2.21	$6,887
Apr 1998	140	2,903	13.04	2.51	$9,099
Mar 1998	2	3,288	12.80	2.31	$7,619
Feb 1998	1	2,881	13.95	2.30	$6,638
Jan 1998	104	3,594	14.70	2.15	$9,273
Dec 1997	2	3,914	16.32	2.41	$9,470
Nov 1997	106	3,937	18.19	3.09	$14,087
Oct 1997	89	3,992	19.25	3.15	$14,287
Sep 1997	0	3,740	17.74	2.95	$11,051
Aug 1997	95	4,206	17.86	2.55	$12,442
Jul 1997	38	4,083	17.58	2.25	$9,842
Jun 1997	3	3,597	17.24	2.26	$8,171
May 1997	0	4,415	18.97	2.31	$10,192
Apr 1997	42	4,505	17.88	2.08	$10,134
Mar 1997	34	4,531	18.95	1.94	$9,431
Feb 1997	0	4,136	20.49	2.21	$9,124
Jan 1997	45	4,635	23.48	3.54	$17,463
Dec 1996	128	4,621	23.32	—	$2,985
Nov 1996	0	4,709	21.97	—	$0
Oct 1996	122	4,833	23.31	—	$2,844
Sep 1996	0	4,953	22.22	—	$0
Aug 1996	197	4,954	20.26	—	$3,991
Jul 1996	118	5,186	19.55	—	$2,307
Jun 1996	6	5,167	18.73	—	$112
May 1996	0	5,297	19.43	—	$0
Apr 1996	111	5,721	21.51	—	$2,388
Mar 1996	116	6,225	19.38	—	$2,248
Feb 1996	0	5,702	16.98	—	$0
Jan 1996	104	6,230	17.07	—	$1,775
Dec 1995	190	6,490	17.19	—	$3,266
Nov 1995	0	6,130	16.00	—	$0
Oct 1995	5	6,966	15.43	—	$77
Sep 1995	191	6,641	16.18	—	$3,090
Aug 1995	2	7,217	15.92	—	$32
Jul 1995	89	7,634	15.24	—	$1,356
Jun 1995	88	7,784	16.41	—	$1,444
May 1995	83	8,014	17.56	—	$1,457
Apr 1995	77	7,782	17.73	—	$1,365
Mar 1995	177	10,092	16.44	—	$2,910
Feb 1995	1	7,196	16.58	—	$17
Jan 1995	61	5,469	15.92	—	$971
Dec 1994	87	7,178	15.03	—	$1,308
Nov 1994	36	7,756	15.90	—	$572
Oct 1994	72	8,738	15.58	—	$1,122
Sep 1994	29	8,370	15.29	—	$443
Aug 1994	66	7,550	16.13	—	$1,065
Jul 1994	35	7,724	17.56	—	$615
Jun 1994	31	8,060	17.09	—	$530
May 1994	494	8,434	15.88	—	$7,845
Apr 1994	1	9,228	14.14	—	$14
Mar 1994	252	9,177	12.46	—	$3,140
Feb 1994	0	9,617	12.50	—	$0
Jan 1994	307	8,822	12.66	—	$3,887
Dec 1993	0	9,417	12.33	—	$0
Nov 1993	208	8,156	14.49	—	$3,014
Oct 1993	114	9,933	15.85	—	$1,807
Sep 1993	152	9,372	15.03	—	$2,285
Aug 1993	0	11,351	15.66	—	$0
Jul 1993	72	11,483	15.46	—	$1,113
Jun 1993	95	11,752	16.79	—	$1,595
May 1993	40	6,705	17.68	—	$707
Apr 1993	77	10,730	18.05	—	$1,390
Mar 1993	175	11,424	18.14	—	$3,175
Feb 1993	0	2,486	17.90	—	$0
Jan 1993	285	10,634	16.93	—	$4,825

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           162 bbl  × $ 24.66 =     $3,995
Gas                    0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                   $3,995

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/110106 is the state's own key, not one this site invented.