LOPEZ MINERAL TRUST

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the DINN INTERMEDIATE (HINNANT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196591District 04Field 249072202 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 M
Aug 2003 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
274
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
2000-06-06
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2000-05-23.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2003.

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 Gas112005-01-24160348
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
CondensateDisposition34 bbl$3,150
GasProduction1,530,628 Mcf$8,732,413
Total$8,735,563

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 27.5244, -98.7715. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.52437, -98.77149 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,907 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
00.0%
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.
1100.0%

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 13,907 ft.

Completions filed
Feb 2010
1 of 1 wells

1 well

42-13138611313,907 ftFeb 2010

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 (274)

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

274 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025012063.933.01$362
Jul 2025017466.743.32$577
Jun 2025018266.483.13$569
May 2025012260.553.23$394
Apr 2025015062.363.54$531
Mar 2025018267.704.27$777
Feb 2025015670.884.34$677
Jan 2025017474.324.28$744
Dec 2024014668.993.12$456
Nov 2024026969.052.20$591
Oct 2024045971.372.28$1,047
Sep 2024041869.612.36$988
Aug 2024041075.632.06$846
Jul 2024033579.932.15$719
Jun 2024020978.082.63$551
May 2024023478.812.20$514
Apr 2024016284.451.66$269
Mar 20240080.301.55$0
Feb 2024011276.091.78$200
Jan 2024020973.023.30$689
Dec 2023010771.262.61$279
Nov 202307877.892.81$219
Oct 202309785.443.09$299
Sep 202305489.042.74$148
Aug 20230280.522.67$5
Jul 202305274.852.64$137
Jun 202309368.962.26$210
May 202306770.622.23$149
Apr 202305878.122.24$130
Mar 202305972.852.39$141
Feb 202305275.112.47$128
Jan 202309076.533.39$305
Dec 202205876.415.73$332
Nov 2022011085.005.65$621
Oct 2022013687.185.86$797
Sep 2022011584.888.16$939
Aug 2022013294.529.13$1,205
Jul 20220144101.587.54$1,086
Jun 20220147115.097.98$1,173
May 20220180109.378.43$1,518
Apr 20220223104.226.84$1,525
Mar 20220190108.885.08$965
Feb 2022015591.054.86$753
Jan 2022023881.844.54$1,080
Dec 2021028571.323.90$1,111
Nov 2021032777.435.24$1,712
Oct 2021043179.795.71$2,463
Sep 2021050869.865.35$2,718
Aug 2021040766.024.22$1,718
Jul 2021026770.783.98$1,063
Jun 2021027769.493.38$936
May 20210063.483.02$0
Apr 2021031360.362.76$863
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021326150.412.81$885
Dec 20200844.642.68$21
Nov 2020079838.772.71$2,160
Oct 2020023036.972.48$570
Sep 2020030037.091.99$597
Aug 2020018339.982.39$436
Jul 2020027238.371.83$496
Jun 2020058234.901.69$984
May 2020046516.921.81$844
Apr 2020053014.751.80$956
Mar 2020054130.341.86$1,004
Feb 2020087249.881.98$1,727
Jan 2020087257.252.09$1,827
Dec 2019077359.012.30$1,781
Nov 201901,05255.302.75$2,894
Oct 2019049253.472.42$1,190
Sep 201901,00855.052.66$2,679
Aug 201901,01753.112.30$2,344
Jul 201901,09756.272.46$2,699
Jun 2019071952.782.49$1,791
May 201901,07758.482.74$2,951
Apr 2019097462.632.75$2,679
Mar 201901,02556.803.06$3,139
Feb 2019091250.852.79$2,547
Jan 2019094046.033.23$3,034
Dec 201801,13246.594.19$4,738
Nov 201801,07852.934.24$4,568
Oct 201801,19061.443.40$4,044
Sep 201801,10959.543.11$3,447
Aug 201801,16959.403.07$3,585
Jul 201801,02965.142.93$3,017
Jun 201801,09460.183.08$3,366
May 201801,19465.382.90$3,464
Apr 201801,11963.842.90$3,246
Mar 201801,15361.222.79$3,213
Feb 201801,07761.782.77$2,979
Jan 201801,19062.874.01$4,771
Dec 201701,18857.272.92$3,471
Nov 201701,29755.423.12$4,045
Oct 201701,29449.292.98$3,861
Sep 201701,20147.523.09$3,708
Aug 2017027745.373.00$832
Jul 2017012143.873.09$374
Jun 201701,26442.493.09$3,902
May 201701,28445.373.26$4,190
Apr 201701,44647.933.21$4,644
Mar 201701,41946.772.98$4,234
Feb 201701,29150.452.95$3,812
Jan 201701,36249.413.42$4,656
Dec 201601,18348.763.72$4,404
Nov 201601,39042.492.64$3,676
Oct 201601,38346.193.09$4,274
Sep 201601,48941.553.10$4,617
Aug 201601,58941.442.92$4,647
Jul 201601,35541.622.92$3,962
Jun 201601,71245.352.69$4,598
May 201601,86542.521.99$3,713
Apr 201601,31836.561.99$2,624
Mar 201601,66933.011.79$2,994
Feb 201601,52126.472.06$3,139
Jan 201601,60027.352.36$3,783
Dec 201501,43032.362.00$2,862
Nov 201501,38938.792.17$3,010
Oct 201501,84943.552.43$4,487
Sep 201501,72242.992.76$4,750
Aug 201501,74040.162.87$4,998
Jul 201501,97148.152.95$5,805
Jun 20150056.152.88$0
May 201501,17755.212.96$3,479
Apr 201501,17749.822.71$3,186
Mar 201501,26842.892.93$3,721
Feb 201501,20244.662.98$3,577
Jan 201501,26043.433.10$3,907
Dec 201401,58654.693.59$5,696
Nov 201401,48870.464.25$6,327
Oct 201401,34878.303.90$5,258
Sep 201401,53486.164.05$6,206
Aug 201401,56889.394.04$6,327
Jul 201401,83096.564.18$7,649
Jun 201431,84498.164.74$9,029
May 201402,36594.734.73$11,178
Apr 2014241495.944.81$2,183
Mar 201442,28495.895.06$11,933
Feb 2014192,33597.406.19$16,309
Jan 201402,78190.404.86$13,518
Dec 201312,88991.824.35$12,672
Nov 201312,75788.853.74$10,395
Oct 201312,85197.423.78$10,872
Sep 201302,791104.113.72$10,376
Aug 201302,146104.253.52$7,560
Jul 201302,214102.523.72$8,231
Jun 201301,92894.403.93$7,584
May 201302,17994.834.15$9,041
Apr 201302,11593.964.28$9,058
Mar 201302,19493.623.91$8,585
Feb 201302,00591.233.42$6,857
Jan 201302,27291.603.42$7,770
Dec 201202,34886.773.42$8,031
Nov 201202,36686.953.62$8,577
Oct 201202,43789.383.40$8,285
Sep 201202,51894.672.92$7,349
Aug 201202,66192.662.91$7,739
Jul 201202,68585.133.02$8,111
Jun 201202,66479.822.52$6,711
May 201202,82291.612.49$7,022
Apr 201202,773101.652.00$5,537
Mar 201202,822105.052.22$6,271
Feb 201202,775101.102.57$7,132
Jan 201203,13098.092.73$8,558
Dec 201102,97696.873.24$9,641
Nov 201103,02295.723.31$10,007
Oct 201103,26184.983.65$11,898
Sep 201103,19383.623.99$12,727
Aug 201103,19783.404.15$13,265
Jul 201103,23794.144.52$14,622
Jun 201103,47792.904.64$16,133
May 201103,95698.134.40$17,425
Apr 201104,107105.964.33$17,797
Mar 201104,00596.364.06$16,250
Feb 201104,32285.644.18$18,066
Jan 201105,24886.504.59$24,082
Dec 201005,59185.734.35$24,308
Nov 201005,54980.843.80$21,060
Oct 201006,06078.103.51$21,264
Sep 201006,31072.633.98$25,110
Aug 201006,86973.684.42$30,357
Jul 201006,70372.554.74$31,749
Jun 201005,95370.364.91$29,232
May 201007,44471.124.24$31,527
Apr 2010011,80881.694.12$48,681
Mar 2010032,78178.394.39$143,865
Feb 2010016,17073.585.44$88,003
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200902374.593.75$86
Oct 2009073572.544.11$3,021
Sep 200901,23365.543.06$3,779
Aug 200902,03667.423.22$6,553
Jul 200902,37761.133.46$8,235
Jun 200902,47066.163.90$9,621
May 200902,74654.743.93$10,780
Apr 200902,72346.773.59$9,769
Mar 200902,64942.144.06$10,752
Feb 200901,15832.814.63$5,365
Jan 200901,61535.865.37$8,674
Dec 200801,87937.105.98$11,231
Nov 200802,36755.496.86$16,238
Oct 200803,21875.246.92$22,275
Sep 200803,218101.767.88$25,348
Aug 200803,303114.228.48$28,019
Jul 200803,368131.0811.39$38,360
Jun 200803,109131.3313.03$40,518
May 200803,196123.1711.57$36,991
Apr 200802,776110.3110.45$29,023
Mar 200802,690101.909.66$25,996
Feb 200802,33992.538.77$20,514
Jan 200801,98190.388.21$16,256
Dec 200701,67988.337.30$12,260
Nov 200701,38291.677.29$10,077
Oct 200701,55482.856.92$10,757
Sep 200701,82775.846.24$11,408
Aug 200701,04069.066.39$6,643
Jul 2007073270.906.39$4,676
Jun 200701,24362.007.55$9,383
May 200702,24058.747.85$17,576
Apr 200702,21759.617.81$17,304
Mar 200703,14356.927.30$22,950
Feb 200703,62055.108.22$29,742
Jan 200704,00950.306.73$26,968
Dec 200604,24356.656.92$29,355
Nov 200605,41754.207.62$41,264
Oct 200606,32354.906.01$38,025
Sep 200606,39860.085.04$32,228
Aug 200606,86568.717.34$50,389
Jul 200607,33469.376.34$46,518
Jun 200607,31566.286.38$46,698
May 200608,46766.016.42$54,400
Apr 200608,58064.397.36$63,153
Mar 200608,52756.707.08$60,396
Feb 200607,75557.597.75$60,110
Jan 200608,45460.598.93$75,522
Dec 200509,13954.9413.42$122,603
Nov 2005012,60354.6910.59$133,446
Oct 2005013,27658.3413.80$183,153
Sep 2005013,40061.4512.08$161,859
Aug 2005014,53461.519.80$142,387
Jul 2005014,94755.697.84$117,239
Jun 2005015,20552.337.38$112,229
May 2005016,26545.226.65$108,181
Apr 2005015,57149.207.36$114,610
Mar 2005017,50650.377.15$125,253
Feb 2005016,84245.226.31$106,305
Jan 2005019,55843.166.32$123,650
Dec 2004021,02439.866.75$141,935
Nov 2004020,70145.286.33$131,046
Oct 2004024,34949.706.52$158,636
Sep 2004024,67543.245.28$130,380
Aug 2004027,50842.375.55$152,688
Jul 2004035,84938.286.08$218,112
Jun 2004038,62636.106.43$248,482
May 2004054,41837.486.49$353,422
Apr 2004045,25934.475.86$265,148
Mar 2004023,87234.365.53$132,016
Feb 2004053,82232.455.51$296,539
Jan 2004050,00932.036.30$315,039
Dec 2003057,65030.266.30$363,290
Nov 2003062,19728.804.60$285,805
Oct 2003079,37928.174.76$377,815
Sep 2003095,74426.314.75$454,723
Aug 20030148,25729.765.13$760,517

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.

Aug 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.93 =         $0
Gas                  120 Mcf  × $  3.01 =       $362

────────────────────────────────────────────────────
Month total                                     $362

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/196591 is the state's own key, not one this site invented.