LOPEZ, HECTOR

Operated by CODY ENERGY LLC (P-5 164455) in the LOPEZ RANCH (VKSBG F1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155743District 04Field 54895480NGPA filingCondensateGasSaveExport
Value, all time
$1.3 M
Oct 1995 – Oct 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
145
no gaps in the span
Streams
2
condensate, 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1984-07-10
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1998-01-06.

The Commission's schedule remark for this field reads: PER DOCKET #04-025597

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
NGPA1none

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
CondensateDisposition10,565 bbl$177,461
GasProduction536,359 Mcf$1,118,024
Total$1,295,485

167,464 Mcf of this lease's gas, across 15 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 26.8977, -98.1865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.89772, -98.18655 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,365 ft
1 wells filed one
Completion to plug
12.0 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 12,365 ft.

Completions filed
Oct 1995
1 of 1 wells
Plug dates filed
Oct 2007
1 of 1 wells

Last completion to plug: a median of 12.0 years across the 1 well that filed both dates, with the middle half between 12.0 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04730822112,365 ftOct 1995Oct 2007Yes

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 (145)

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

145 months

Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 200301,90430.315.58$10,628
Dec 20020026.914.85$0
Nov 200204,67824.664.14$19,353
Oct 200205,25226.464.23$22,211
Sep 200205,13527.443.64$18,667
Aug 200205,06725.963.16$16,033
Jul 200204,70424.583.06$14,403
Jun 200204,48623.733.34$14,975
May 200205,24124.663.58$18,784
Apr 200204,62623.653.51$16,248
Mar 200203,41822.003.10$10,605
Feb 200202,45518.222.38$5,832
Jan 200201,78817.172.38$4,248
Dec 200101,38716.932.36$3,279
Nov 200101,95318.072.41$4,698
Oct 200103,90219.782.53$9,868
Sep 200103,23824.262.25$7,290
Aug 2001582,88924.873.05$10,263
Jul 2001773,60323.933.20$13,362
Jun 2001254,40324.563.82$17,452
May 2001234,61025.524.31$20,444
Apr 2001254,69824.685.34$25,682
Mar 2001214,10624.545.38$22,591
Feb 2001244,76127.755.77$28,123
Jan 2001112,16327.478.40$18,469
Dec 2000153,44326.889.12$31,812
Nov 2000194,34532.215.66$25,196
Oct 2000184,17131.235.15$22,024
Sep 2000254,03031.875.19$21,698
Aug 2000287,41329.644.54$34,491
Jul 2000274,96028.534.09$21,055
Jun 2000234,24429.304.40$19,336
May 2000274,48727.263.68$17,247
Apr 2000273,76624.513.12$12,397
Mar 2000344,53828.422.86$13,944
Feb 2000314,06127.622.73$11,929
Jan 2000302,64425.272.48$7,317
Dec 1999312,96924.282.42$7,949
Nov 1999364,48623.192.43$11,754
Oct 1999263,11720.982.80$9,285
Sep 19991756,33521.752.62$20,397
Aug 19991857,12219.262.88$24,043
Jul 1999471,75417.892.37$5,002
Jun 199925715.942.36$167
May 19991965915.792.32$1,830
Apr 19992586915.102.21$2,296
Mar 1999520412.471.84$437
Feb 1999341,3589.981.82$2,808
Jan 19991174,20610.381.90$9,206
Dec 19982047,5219.201.77$15,214
Nov 19981056,93710.892.19$16,306
Oct 19981667,16512.421.97$16,171
Sep 1998906,93212.592.08$15,570
Aug 19981037,21011.301.91$14,916
Jul 1998877,58811.742.24$17,998
Jun 1998577,31811.242.24$17,013
May 1998937,11312.622.21$16,867
Apr 19985307,47013.042.51$25,626
Mar 19986537,85512.802.31$26,499
Feb 19987437,27513.952.30$27,091
Jan 19987698,39414.702.15$29,392
Dec 19978168,75616.322.41$34,429
Nov 19971,0848,23518.193.09$45,150
Oct 19978018,45419.253.15$42,048
Sep 19974347,96817.742.95$31,244
Aug 199708,78317.862.55$22,438
Jul 199708,89017.582.25$19,975
Jun 199708,69617.242.26$19,629
May 199709,21518.972.31$21,273
Apr 199728,20117.882.08$17,117
Mar 1997619,20118.951.94$18,998
Feb 1997608,57820.492.21$20,152
Jan 1997679,43523.483.54$34,970
Dec 1996709,97123.32$1,632
Nov 19967310,03721.97$1,604
Oct 19967910,65123.31$1,841
Sep 19962810,54622.22$622
Aug 19962910,80620.26$588
Jul 19962811,53619.55$547
Jun 19963311,34518.73$618
May 19963011,66219.43$583
Apr 19964011,68721.51$860
Mar 199633711,73819.38$6,531
Feb 199629811,26416.98$5,060
Jan 199633211,49617.07$5,667
Dec 199534711,37817.19$5,965
Nov 199533411,58616.00$5,344
Oct 199531211,76115.43$4,814

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.

Jan 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.31 =         $0
Gas                1,904 Mcf  × $  5.58 =    $10,628

────────────────────────────────────────────────────
Month total                                  $10,628

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/155743 is the state's own key, not one this site invented.