LOPEZ MINERAL TRUST

Operated by EOG RESOURCES, INC. (P-5 253162) in the DINN, DEEP (WILCOX 13600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 172963District 04Field 249056252 tax incentive programmesGasSaveExport
Value, all time
$12.0 M
May 1999 – Jun 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
122
no gaps in the span
Streams
1
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 leases and 3 wells, and the rule below applies to all of them.

Discovered
1988-05-18
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
High Cost Gas112005-11-29160369
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
GasProduction3,144,554 Mcf$12,037,713
Total$12,037,713

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 27.5249, -98.7722. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.52489, -98.77224 · 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
15,580 ft
1 wells filed one
Completion to plug
5.0 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 15,580 ft.

Completions filed
Jun 2004
1 of 1 wells
Plug dates filed
Jun 2009
1 of 1 wells

Last completion to plug: a median of 5.0 years across the 1 well that filed both dates, with the middle half between 5.0 years and 5.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-13138313115,580 ftJun 2004Jun 2009Yes

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 (122)

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

122 months

Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 20042,00334.475.86$11,735
Mar 200420,98734.365.53$116,061
Feb 200424,46332.455.51$134,782
Jan 200426,64032.036.30$167,822
Dec 200327,49530.266.30$173,264
Nov 200328,03828.804.60$128,839
Oct 200333,44828.174.76$159,200
Sep 200338,52226.314.75$182,955
Aug 200350,87529.765.13$260,975
Jul 200352,17929.415.17$269,809
Jun 200337,32128.565.98$223,290
May 200346,00926.595.97$274,797
Apr 200352,71426.675.41$285,039
Mar 200364,47431.146.10$393,036
Feb 200362,24833.487.93$493,370
Jan 200343,36730.315.58$242,076
Dec 20025826.914.85$282
Nov 20021324.664.14$54
Oct 20027,40626.464.23$31,321
Sep 200225,36727.443.64$92,214
Aug 200255,09125.963.16$174,317
Jul 200268,63124.583.06$210,132
Jun 200259,70823.733.34$199,320
May 200274,99424.663.58$268,779
Apr 200250,52223.653.51$177,449
Mar 200270,01522.003.10$217,237
Feb 200227,78218.222.38$66,001
Jan 20026,59517.172.38$15,668
Dec 20013,47816.932.36$8,223
Nov 200197918.072.41$2,355
Oct 200164119.782.53$1,621
Sep 20011,01924.262.25$2,294
Aug 20011,23924.873.05$3,783
Jul 20013,40723.933.20$10,892
Jun 20019,43124.563.82$36,066
May 200110,78025.524.31$46,433
Apr 200120,58324.685.34$109,817
Mar 200127,63724.545.38$148,589
Feb 200126,42027.755.77$152,366
Jan 200136,26527.478.40$304,581
Dec 200043,51726.889.12$396,984
Nov 200045,67232.215.66$258,412
Oct 200061,32131.235.15$315,527
Sep 200077,51331.875.19$402,021
Aug 200043,32629.644.54$196,733
Jul 200015,81028.534.09$64,659
Jun 200094,51229.304.40$415,593
May 200078,54227.263.68$289,015
Apr 200084,86124.513.12$264,427
Mar 2000119,95028.422.86$343,027
Feb 2000116,39627.622.73$317,354
Jan 2000128,80925.272.48$319,511
Dec 1999139,17124.282.42$337,312
Nov 1999140,76423.192.43$342,618
Oct 1999146,29520.982.80$410,169
Sep 1999118,86121.752.62$311,279
Aug 1999193,25319.262.88$555,718
Jul 1999125,70317.892.37$298,214
Jun 1999107,01415.942.36$252,778
May 199964,42015.792.32$149,520

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.

Apr 2004 — as filed, then multipliedworked
Gas                2,003 Mcf  × $  5.86 =    $11,735

────────────────────────────────────────────────────
Month total                                  $11,735

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/172963 is the state's own key, not one this site invented.