LOPEZ

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the TIGRE GRANDE (12000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 199928District 04Field 899105002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Jan 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
269
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1987-10-26
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: ALLOC. FORM. SUSP. ADMIN. EFF 7-1-93.

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 Gas112006-05-03167247
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
CondensateDisposition31 bbl$3,232
GasProduction613,173 Mcf$3,468,577
Total$3,471,809

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 26.7256, -99.1373. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.72560, -99.13730 · 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
12,857 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 12,857 ft.

Completions filed
Jan 2004
1 of 1 wells

1 well

42-505348712A12,857 ftJan 2004

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 (269)

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

269 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 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023022871.262.61$595
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230289.042.74$5
Aug 202301,80880.522.67$4,833
Jul 202302,24074.852.64$5,918
Jun 202302,47568.962.26$5,590
May 202302,34870.622.23$5,230
Apr 202302,43378.122.24$5,444
Mar 202302,49972.852.39$5,981
Feb 202302,24575.112.47$5,535
Jan 202302,46876.533.39$8,361
Dec 202202,21076.415.73$12,661
Nov 202202,69585.005.65$15,217
Oct 202202,56287.185.86$15,023
Sep 202202,86484.888.16$23,381
Aug 202202,83394.529.13$25,857
Jul 202202,146101.587.54$16,185
Jun 20220930115.097.98$7,419
May 20220948109.378.43$7,995
Apr 20220856104.226.84$5,853
Mar 20220877108.885.08$4,452
Feb 2022086191.054.86$4,183
Jan 2022094381.844.54$4,279
Dec 202101,02871.323.90$4,008
Nov 2021093577.435.24$4,896
Oct 2021091879.795.71$5,245
Sep 202101,02069.865.35$5,458
Aug 202101,05266.024.22$4,440
Jul 202101,10870.783.98$4,412
Jun 202101,06369.493.38$3,594
May 202101,19963.483.02$3,618
Apr 202101,08760.362.76$2,998
Mar 202101,09561.302.72$2,975
Feb 2021080157.805.55$4,444
Jan 2021057250.412.81$1,607
Dec 2020055644.642.68$1,488
Nov 202001,08238.772.71$2,929
Oct 202001,09836.972.48$2,721
Sep 202001,11137.091.99$2,212
Aug 202001,24139.982.39$2,960
Jul 202001,26938.371.83$2,316
Jun 202001,26534.901.69$2,138
May 202001,27516.921.81$2,314
Apr 202001,15114.751.80$2,077
Mar 202001,29930.341.86$2,411
Feb 202001,18249.881.98$2,341
Jan 202001,25557.252.09$2,629
Dec 201901,25059.012.30$2,880
Nov 201901,24955.302.75$3,436
Oct 201901,08653.472.42$2,627
Sep 201901,08955.052.66$2,894
Aug 201901,11153.112.30$2,560
Jul 201901,20856.272.46$2,972
Jun 201901,18952.782.49$2,962
May 201901,15858.482.74$3,173
Apr 201901,17062.632.75$3,218
Mar 201901,35856.803.06$4,158
Feb 201901,21650.852.79$3,395
Jan 201901,34746.033.23$4,348
Dec 201801,37246.594.19$5,742
Nov 201801,32052.934.24$5,593
Oct 201801,40261.443.40$4,764
Sep 201801,18059.543.11$3,667
Aug 201801,29659.403.07$3,974
Jul 201801,38265.142.93$4,052
Jun 2018072260.183.08$2,222
May 201801,25765.382.90$3,646
Apr 201801,26463.842.90$3,667
Mar 201801,42361.222.79$3,966
Feb 201801,20761.782.77$3,339
Jan 201801,31662.874.01$5,276
Dec 201701,19057.272.92$3,477
Nov 201701,12355.423.12$3,502
Oct 201701,21049.292.98$3,610
Sep 201701,16047.523.09$3,581
Aug 201701,17745.373.00$3,536
Jul 201701,17843.873.09$3,637
Jun 201701,13542.493.09$3,504
May 201701,14545.373.26$3,737
Apr 201701,06947.933.21$3,433
Mar 201701,22246.772.98$3,646
Feb 201701,06550.452.95$3,145
Jan 201701,19549.413.42$4,085
Dec 201601,29248.763.72$4,810
Nov 201601,30242.492.64$3,443
Oct 201601,36046.193.09$4,203
Sep 201601,28241.553.10$3,975
Aug 201601,21841.442.92$3,562
Jul 201601,30841.622.92$3,825
Jun 201601,28645.352.69$3,454
May 201601,41642.521.99$2,819
Apr 201601,33736.561.99$2,662
Mar 201601,30033.011.79$2,332
Feb 201601,22826.472.06$2,534
Jan 201601,32027.352.36$3,121
Dec 2015096032.362.00$1,921
Nov 201501,37738.792.17$2,984
Oct 201501,38943.552.43$3,371
Sep 201501,10442.992.76$3,045
Aug 201501,05940.162.87$3,042
Jul 201501,10848.152.95$3,263
Jun 201501,08056.152.88$3,113
May 201501,33655.212.96$3,948
Apr 201501,32749.822.71$3,592
Mar 201501,31742.892.93$3,865
Feb 201501,34044.662.98$3,988
Jan 201501,52243.433.10$4,719
Dec 201401,81854.693.59$6,529
Nov 201402,77570.464.25$11,799
Oct 201401,42578.303.90$5,559
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014031096.564.18$1,296
Jun 201401,66798.164.74$7,896
May 201401,57294.734.73$7,430
Apr 201401,51395.944.81$7,276
Mar 201401,78395.895.06$9,016
Feb 201401,37797.406.19$8,526
Jan 201401,82890.404.86$8,885
Dec 201301,58691.824.35$6,906
Nov 201301,62688.853.74$6,078
Oct 201301,63497.423.78$6,175
Sep 201301,455104.113.72$5,409
Aug 2013311,466104.253.52$8,396
Jul 201301,644102.523.72$6,112
Jun 201301,79194.403.93$7,045
May 201301,44494.834.15$5,991
Apr 201301,27393.964.28$5,452
Mar 201301,41593.623.91$5,537
Feb 201301,37491.233.42$4,699
Jan 201301,62991.603.42$5,571
Dec 201201,82086.773.42$6,225
Nov 201201,52486.953.62$5,524
Oct 201201,27189.383.40$4,321
Sep 201201,32794.672.92$3,873
Aug 201201,36292.662.91$3,961
Jul 201201,57685.133.02$4,761
Jun 201201,83679.822.52$4,625
May 201202,28491.612.49$5,683
Apr 201201,429101.652.00$2,853
Mar 201201,523105.052.22$3,384
Feb 201201,452101.102.57$3,732
Jan 201201,73698.092.73$4,746
Dec 201101,82596.873.24$5,913
Nov 201101,54795.723.31$5,123
Oct 201101,71184.983.65$6,243
Sep 201101,65183.623.99$6,581
Aug 201101,50983.404.15$6,261
Jul 201101,78194.144.52$8,045
Jun 201101,94392.904.64$9,015
May 201102,04798.134.40$9,017
Apr 201102,141105.964.33$9,278
Mar 201102,33896.364.06$9,486
Feb 201101,80485.644.18$7,541
Jan 201102,04386.504.59$9,375
Dec 201002,24185.734.35$9,743
Nov 201002,24180.843.80$8,505
Oct 201002,09778.103.51$7,358
Sep 201002,16872.633.98$8,627
Aug 201002,14573.684.42$9,480
Jul 201001,64272.554.74$7,777
Jun 201002,10870.364.91$10,351
May 201002,19871.124.24$9,309
Apr 201002,26381.694.12$9,330
Mar 201002,63278.394.39$11,551
Feb 201002,35373.585.44$12,806
Jan 201002,49474.365.96$14,874
Dec 200902,75271.445.48$15,091
Nov 200902,31574.593.75$8,685
Oct 200902,80272.544.11$11,517
Sep 200902,61765.543.06$8,020
Aug 200902,81267.423.22$9,050
Jul 200902,78061.133.46$9,631
Jun 200902,99366.163.90$11,658
May 200902,86854.743.93$11,259
Apr 200903,06846.773.59$11,006
Mar 200903,37242.144.06$13,687
Feb 200903,19132.814.63$14,784
Jan 200903,27735.865.37$17,601
Dec 200803,03237.105.98$18,123
Nov 200803,37055.496.86$23,119
Oct 200803,62075.246.92$25,058
Sep 200803,417101.767.88$26,916
Aug 200803,483114.228.48$29,546
Jul 200803,278131.0811.39$37,335
Jun 200803,592131.3313.03$46,813
May 200803,732123.1711.57$43,195
Apr 200802,877110.3110.45$30,079
Mar 200803,145101.909.66$30,394
Feb 200803,03692.538.77$26,627
Jan 200803,19990.388.21$26,250
Dec 200703,44288.337.30$25,133
Nov 200703,47791.677.29$25,353
Oct 200703,55082.856.92$24,573
Sep 200703,13175.846.24$19,550
Aug 200703,35169.066.39$21,406
Jul 200703,39170.906.39$21,662
Jun 200702,93662.007.55$22,162
May 200703,29158.747.85$25,822
Apr 200703,09359.617.81$24,141
Mar 200703,75556.927.30$27,419
Feb 200703,38655.108.22$27,819
Jan 200703,59150.306.73$24,156
Dec 200603,91356.656.92$27,072
Nov 200604,11854.207.62$31,369
Oct 200604,09754.906.01$24,639
Sep 200604,10660.085.04$20,683
Aug 200604,22468.717.34$31,004
Jul 200604,62069.376.34$29,304
Jun 200604,62766.286.38$29,538
May 200603,53066.016.42$22,680
Apr 200604,37164.397.36$32,173
Mar 200604,99156.707.08$35,351
Feb 200604,26157.597.75$33,028
Jan 200604,23560.598.93$37,833
Dec 200505,17054.9413.42$69,358
Nov 200505,22754.6910.59$55,346
Oct 200505,82758.3413.80$80,388
Sep 200505,14961.4512.08$62,195
Aug 200506,03261.519.80$59,095
Jul 200505,16255.697.84$40,489
Jun 200503,68952.337.38$27,229
May 200505,57745.226.65$37,094
Apr 200506,00549.207.36$44,200
Mar 200506,98550.377.15$49,977
Feb 200506,94145.226.31$43,811
Jan 200508,02243.166.32$50,717
Dec 200408,32939.866.75$56,230
Nov 200408,07645.286.33$51,124
Oct 200409,14249.706.52$59,561
Sep 2004011,49543.245.28$60,738
Aug 200409,35242.375.55$51,910
Jul 2004010,51238.286.08$63,957
Jun 2004011,76036.106.43$75,652
May 2004013,85737.486.49$89,995
Apr 2004015,73334.475.86$92,171
Mar 20040034.365.53$0
Feb 2004033,54332.455.51$184,809
Jan 200403,86432.036.30$24,342

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.

Dec 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.26 =         $0
Gas                  228 Mcf  × $  2.61 =       $595

────────────────────────────────────────────────────
Month total                                     $595

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/199928 is the state's own key, not one this site invented.