LOPEZ, G.G.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the ENCINITAS, EAST (V-24) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 204202District 04Field 290117502 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.0 M
May 2004 – Aug 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
196
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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
1970-03-10
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 06/01/2004.

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 Gas112005-03-29158858
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
CondensateDisposition34,556 bbl$1,783,855
GasProduction2,718,860 Mcf$18,259,850
Total$20,043,705

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 26.8488, -98.2803. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.84876, -98.28033 · 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
0.0%
0 of 1 wells
Median depth
9,500 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 9,500 ft.

Completions filed
Apr 2017
1 of 1 wells

1 well

42-04732142139,500 ftApr 2017Yes

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 (196)

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

196 months

Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017041746.772.98$1,244
Feb 2017037150.452.95$1,095
Jan 2017047849.413.42$1,634
Dec 2016655748.763.72$2,366
Nov 20162576042.492.64$3,072
Oct 2016064446.193.09$1,990
Sep 2016051641.553.10$1,600
Aug 2016035941.442.92$1,050
Jul 2016033441.622.92$977
Jun 2016037845.352.69$1,015
May 2016011842.521.99$235
Apr 2016025436.561.99$506
Mar 2016056733.011.79$1,017
Feb 2016044726.472.06$922
Jan 2016050527.352.36$1,194
Dec 2015046832.362.00$937
Nov 2015014838.792.17$321
Oct 2015069643.552.43$1,689
Sep 201501,27442.992.76$3,514
Aug 201501,09540.162.87$3,145
Jul 2015046748.152.95$1,375
Jun 2015054956.152.88$1,583
May 2015069955.212.96$2,066
Apr 2015077149.822.71$2,087
Mar 201502,05342.892.93$6,025
Feb 201501,89044.662.98$5,625
Jan 201501,51443.433.10$4,694
Dec 201401,38554.693.59$4,974
Nov 2014017570.464.25$744
Oct 201411,15378.303.90$4,576
Sep 20141284986.164.05$4,469
Aug 2014351,10389.394.04$7,579
Jul 2014313396.564.18$3,131
Jun 2014162598.164.74$1,689
May 2014432994.734.73$4,210
Apr 20144771395.944.81$7,938
Mar 2014832,28995.895.06$19,534
Feb 2014312,48397.406.19$18,394
Jan 2014441,28990.404.86$10,243
Dec 2013171,22591.824.35$6,895
Nov 20133578488.853.74$6,041
Oct 2013392,48697.423.78$13,195
Sep 201321920104.113.72$5,607
Aug 2013282,342104.253.52$11,169
Jul 2013473,491102.523.72$17,797
Jun 2013222,46494.403.93$11,769
May 201372,71094.834.15$11,908
Apr 2013262,12093.964.28$11,522
Mar 2013302,13093.623.91$11,143
Feb 2013182,38391.233.42$9,792
Jan 2013292,59991.603.42$11,545
Dec 2012273,27786.773.42$13,551
Nov 2012472,57286.953.62$13,410
Oct 2012423,13189.383.40$14,398
Sep 2012473,49694.672.92$14,652
Aug 2012323,09792.662.91$11,972
Jul 2012552,67485.133.02$12,760
Jun 2012753,19879.822.52$14,042
May 2012493,90991.612.49$14,216
Apr 2012273,827101.652.00$10,386
Mar 2012284,440105.052.22$12,807
Feb 2012114,487101.102.57$12,645
Jan 2012254,29098.092.73$14,181
Dec 2011134,72396.873.24$16,561
Nov 2011124,88895.723.31$17,334
Oct 2011116,32884.983.65$24,023
Sep 2011166,51683.623.99$27,309
Aug 2011344,87583.404.15$23,064
Jul 2011448,72494.144.52$43,551
Jun 20114711,93192.904.64$59,725
May 2011427,59598.134.40$37,576
Apr 2011555,243105.964.33$28,547
Mar 2011674,11796.364.06$23,160
Feb 2011341,09285.644.18$7,476
Jan 2011411,41386.504.59$10,030
Dec 2010471,03285.734.35$8,516
Nov 2010122,27180.843.80$9,589
Oct 2010181,98678.103.51$8,374
Sep 2010181,34772.633.98$6,668
Aug 2010313,86073.684.42$19,343
Jul 2010551,98972.554.74$13,411
Jun 2010493,08370.364.91$18,586
May 2010601,66171.124.24$11,302
Apr 2010663,41381.694.12$19,462
Mar 2010601,91378.394.39$13,099
Feb 2010641,47473.585.44$12,731
Jan 2010532,46474.365.96$18,637
Dec 2009191,52871.445.48$9,737
Nov 2009212,44274.593.75$10,728
Oct 2009203,08872.544.11$14,143
Sep 2009171,66465.543.06$6,214
Aug 2009202,92967.423.22$10,775
Jul 2009314,76261.133.46$18,393
Jun 2009306,33866.163.90$26,671
May 2009307,91754.743.93$32,722
Apr 2009219,90146.773.59$36,502
Mar 2009205,57442.144.06$23,468
Feb 2009202,86632.814.63$13,934
Jan 2009345,03935.865.37$28,284
Dec 2008346,68937.105.98$41,242
Nov 2008297,02255.496.86$49,783
Oct 2008247,58275.246.92$54,288
Sep 2008236,850101.767.88$56,299
Aug 2008228,567114.228.48$75,187
Jul 200888,818131.0811.39$101,481
Jun 2008223,027131.3313.03$42,339
May 20082910,596123.1711.57$126,213
Apr 2008515,986110.3110.45$68,209
Mar 2008788,724101.909.66$92,258
Feb 20089910,68192.538.77$102,839
Jan 2008866,30590.388.21$59,510
Dec 2007778,13088.337.30$66,166
Nov 200711814,77691.677.29$118,559
Oct 200711415,49982.856.92$116,729
Sep 200711818,74775.846.24$126,008
Aug 200717423,89169.066.39$164,631
Jul 20079814,21570.906.39$97,753
Jun 20079312,23262.007.55$98,099
May 200713117,77758.747.85$147,178
Apr 200715417,20359.617.81$143,453
Mar 200717723,63056.927.30$182,620
Feb 20071513,30455.108.22$110,132
Jan 2007675,77750.306.73$42,231
Dec 200612018,92856.656.92$137,750
Nov 200615623,15354.207.62$184,823
Oct 200624128,45954.906.01$184,378
Sep 200625234,10360.085.04$186,924
Aug 200637932,33568.717.34$263,377
Jul 200650243,10969.376.34$308,254
Jun 200664352,30966.286.38$376,552
May 200624131,70666.016.42$219,619
Apr 200635037,88364.397.36$301,374
Mar 200642843,78656.707.08$334,400
Feb 200629244,15157.597.75$359,036
Jan 200646954,89160.598.93$518,776
Dec 200550041,70554.9413.42$586,959
Nov 200540015,02554.6910.59$180,967
Oct 200544726,92558.3413.80$397,529
Sep 200554223,64061.4512.08$318,853
Aug 200564350,05561.519.80$529,932
Jul 200561263,45955.697.84$531,832
Jun 20051,03861,17652.337.38$505,861
May 20051,14871,45945.226.65$527,198
Apr 200576177,98449.207.36$611,441
Mar 200599987,94750.377.15$679,570
Feb 20051,11588,91745.226.31$611,657
Jan 20051,506110,55443.166.32$763,943
Dec 20041,709123,22739.866.75$900,036
Nov 20041,934134,90445.286.33$941,571
Oct 20042,598153,22349.706.52$1,127,384
Sep 20042,403154,34743.245.28$919,460
Aug 20042,480167,93842.375.55$1,037,244
Jul 20042,874155,00338.286.08$1,053,083
Jun 20042,403132,40836.106.43$938,532
May 200414012,23037.486.49$84,676

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.

Mar 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.77 =         $0
Gas                  417 Mcf  × $  2.98 =     $1,244

────────────────────────────────────────────────────
Month total                                   $1,244

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/204202 is the state's own key, not one this site invented.