LOPEZ, LAURO MINERAL TRUST

Name: LOPEZ, LAURO MINERAL TRUST lease production and value, Aug 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the EN SEGUIDO (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 174542District 04Field 289704752 tax incentive programmesCondensateGasSave Export

Value, all time

$54.6 M

Aug 1999 – Jan 2016

Value, last 12 filed months

at the published price for each month

Months reported

198

no gaps in the span

Streams

condensate, gas

The EN SEGUIDO (WILCOX) 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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered

1999-08-13

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

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 07/01/2000.”

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
High Cost Gas	1	1	2006-10-19	169123
NGPA	3	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	217 bbl	$8,221
Gas	Production	11,693,680 Mcf	$54,566,597
Total			$54,574,819

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 26.8931, -99.0482. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.89313, -99.04815 · 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

0.0%

0 of 1 wells

Median depth

14,050 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

1100.0%

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.

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 14,050 ft.

Completions filed

Jan 2016

1 of 1 wells

1 well


42-50533941	1	14,050 ft	Jan 2016	—	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 (198)

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

198 months


Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	21	71.12	4.24	$89
Apr 2010	0	24	81.69	4.12	$99
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	189	58.74	7.85	$1,483
Apr 2007	0	2,141	59.61	7.81	$16,711
Mar 2007	0	11,184	56.92	7.30	$81,665
Feb 2007	0	12,416	55.10	8.22	$102,010
Jan 2007	0	14,475	50.30	6.73	$97,371
Dec 2006	0	15,083	56.65	6.92	$104,351
Nov 2006	0	14,243	54.20	7.62	$108,496
Oct 2006	0	15,996	54.90	6.01	$96,197
Sep 2006	0	15,803	60.08	5.04	$79,603
Aug 2006	0	17,007	68.71	7.34	$124,830
Jul 2006	0	18,450	69.37	6.34	$117,024
Jun 2006	0	18,630	66.28	6.38	$118,932
May 2006	0	21,074	66.01	6.42	$135,400
Apr 2006	0	19,208	64.39	7.36	$141,380
Mar 2006	0	19,125	56.70	7.08	$135,461
Feb 2006	0	19,025	57.59	7.75	$147,465
Jan 2006	0	19,716	60.59	8.93	$176,129
Dec 2005	0	24,094	54.94	13.42	$323,231
Nov 2005	0	23,920	54.69	10.59	$253,275
Oct 2005	0	23,730	58.34	13.80	$327,373
Sep 2005	0	19,098	61.45	12.08	$230,685
Aug 2005	0	23,415	61.51	9.80	$229,393
Jul 2005	0	20,815	55.69	7.84	$163,265
Jun 2005	0	28,803	52.33	7.38	$212,596
May 2005	0	31,017	45.22	6.65	$206,299
Apr 2005	0	31,490	49.20	7.36	$231,782
Mar 2005	0	35,737	50.37	7.15	$255,694
Feb 2005	0	32,590	45.22	6.31	$205,705
Jan 2005	0	30,835	43.16	6.32	$194,945
Dec 2004	36	36,544	39.86	6.75	$248,146
Nov 2004	31	38,206	45.28	6.33	$243,264
Oct 2004	26	36,899	49.70	6.52	$241,693
Sep 2004	24	40,434	43.24	5.28	$214,687
Aug 2004	0	49,838	42.37	5.55	$276,634
Jul 2004	17	45,766	38.28	6.08	$279,099
Jun 2004	9	45,199	36.10	6.43	$291,091
May 2004	3	49,536	37.48	6.49	$321,828
Apr 2004	23	56,839	34.47	5.86	$333,782
Mar 2004	1	51,614	34.36	5.53	$285,467
Feb 2004	1	46,195	32.45	5.51	$254,549
Jan 2004	0	43,083	32.03	6.30	$271,407
Dec 2003	0	57,072	30.26	6.30	$359,647
Nov 2003	0	54,796	28.80	4.60	$251,796
Oct 2003	0	59,733	28.17	4.76	$284,308
Sep 2003	0	58,955	26.31	4.75	$279,999
Aug 2003	0	63,637	29.76	5.13	$326,440
Jul 2003	0	65,257	29.41	5.17	$337,434
Jun 2003	0	67,735	28.56	5.98	$405,256
May 2003	0	72,604	26.59	5.97	$433,640
Apr 2003	0	73,717	26.67	5.41	$398,608
Mar 2003	0	82,124	31.14	6.10	$500,631
Feb 2003	0	73,234	33.48	7.93	$580,444
Jan 2003	0	75,305	30.31	5.58	$420,356
Dec 2002	0	63,292	26.91	4.85	$307,204
Nov 2002	0	70,449	24.66	4.14	$291,445
Oct 2002	0	90,873	26.46	4.23	$384,313
Sep 2002	0	93,832	27.44	3.64	$341,098
Aug 2002	0	105,464	25.96	3.16	$333,705
Jul 2002	0	114,306	24.58	3.06	$349,978
Jun 2002	25	121,062	23.73	3.34	$404,727
May 2002	0	132,220	24.66	3.58	$473,876
Apr 2002	0	129,597	23.65	3.51	$455,186
Mar 2002	0	143,267	22.00	3.10	$444,517
Feb 2002	3	145,957	18.22	2.38	$346,802
Jan 2002	0	177,802	17.17	2.38	$422,401
Dec 2001	0	199,541	16.93	2.36	$471,795
Nov 2001	0	90,490	18.07	2.41	$217,676
Oct 2001	0	192,123	19.78	2.53	$485,856
Sep 2001	10	207,637	24.26	2.25	$467,700
Aug 2001	0	214,361	24.87	3.05	$654,478
Jul 2001	0	248,797	23.93	3.20	$795,424
Jun 2001	0	270,419	24.56	3.82	$1,034,126
May 2001	0	327,197	25.52	4.31	$1,409,342
Apr 2001	0	306,967	24.68	5.34	$1,637,767
Mar 2001	0	376,297	24.54	5.38	$2,023,138
Feb 2001	0	402,485	27.75	5.77	$2,321,163
Jan 2001	0	423,594	27.47	8.40	$3,557,664
Dec 2000	0	432,208	26.88	9.12	$3,942,817
Nov 2000	0	429,095	32.21	5.66	$2,427,820
Oct 2000	0	441,565	31.23	5.15	$2,272,073
Sep 2000	0	423,925	31.87	5.19	$2,198,687
Aug 2000	0	414,587	29.64	4.54	$1,882,536
Jul 2000	0	398,477	28.53	4.09	$1,629,671
Jun 2000	1	397,706	29.30	4.40	$1,748,842
May 2000	5	522,629	27.26	3.68	$1,923,280
Apr 2000	2	292,908	24.51	3.12	$912,750
Mar 2000	0	190,676	28.42	2.86	$545,286
Feb 2000	0	40,803	27.62	2.73	$111,249
Jan 2000	0	204,243	25.27	2.48	$506,625
Dec 1999	0	301,952	24.28	2.42	$731,847
Nov 1999	0	322,177	23.19	2.43	$784,176
Oct 1999	0	305,960	20.98	2.80	$857,823
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	3,064	19.26	2.88	$8,811

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 2010 — as filed, then multipliedworked

Condensate             0 bbl  × $ 71.12 =         $0
Gas                   21 Mcf  × $  4.24 =        $89

────────────────────────────────────────────────────
Month total                                      $89

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/174542 is the state's own key, not one this site invented.