LOPEZ, H.

Operated by MERIT ENERGY COMPANY (P-5 561136) in the LOPEZ RANCH (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240990District 04Field 548954002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.7 M
Nov 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
223
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 72 leases and 72 wells, and the rule below applies to all of them.

Discovered
2008-07-29
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 2008-07-29.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 04/01/2009.

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 Gas112009-04-09190481
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
CondensateDisposition74,053 bbl$5,826,306
GasProduction1,337,053 Mcf$7,860,759
Total$13,687,064

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 26.8940, -98.1904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.89398, -98.19042 · 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
11,705 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 11,705 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-04732306111,705 ftJan 2008

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 (223)

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

223 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 20254062.363.54$249
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025171074.324.28$12,709
Dec 20240668.993.12$19
Nov 20241892969.052.20$13,114
Oct 202403471.372.28$78
Sep 20241862569.612.36$13,007
Aug 20241861675.632.06$14,100
Jul 202401179.932.15$24
Jun 2024186078.082.63$14,523
May 2024185478.812.20$14,589
Apr 20240184.451.66$2
Mar 2024189080.301.55$15,177
Feb 202401376.091.78$23
Jan 20240073.023.30$0
Dec 2023193171.262.61$13,756
Nov 2023190077.892.81$14,799
Oct 20230085.443.09$0
Sep 2023177089.042.74$15,760
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023207068.962.26$14,275
May 202393070.622.23$6,568
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023193075.112.47$14,496
Jan 202395076.533.39$7,270
Dec 20220076.415.73$0
Nov 2022194085.005.65$16,490
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20222029894.529.13$19,988
Jul 20220103101.587.54$777
Jun 2022091115.097.98$726
May 202219344109.378.43$21,479
Apr 202209104.226.84$62
Mar 202206108.885.08$30
Feb 20221891191.054.86$17,262
Jan 202201081.844.54$45
Dec 2021103971.323.90$7,381
Nov 20210477.435.24$21
Oct 2021182879.795.71$14,567
Sep 202102269.865.35$118
Aug 20211821666.024.22$12,083
Jul 202101670.783.98$64
Jun 202103569.493.38$118
May 202107263.483.02$217
Apr 20211873760.362.76$11,389
Mar 2021017361.302.72$470
Feb 202101,11557.805.55$6,186
Jan 20211841,90550.412.81$14,629
Dec 202001,25344.642.68$3,352
Nov 20201791,51438.772.71$11,038
Oct 202002,10136.972.48$5,207
Sep 202001,61937.091.99$3,223
Aug 20201902,02439.982.39$12,424
Jul 20201872,38938.371.83$11,535
Jun 20201922,00534.901.69$10,090
May 20201891,45116.921.81$5,831
Apr 20201772,32114.751.80$6,799
Mar 20201842,17530.341.86$9,620
Feb 20201792,09249.881.98$13,072
Jan 20201702,42557.252.09$14,812
Dec 20191842,43659.012.30$16,471
Nov 20193722,07755.302.75$26,285
Oct 201902,38153.472.42$5,759
Sep 20191822,17355.052.66$15,793
Aug 20191812,23853.112.30$14,770
Jul 20193652,03556.272.46$25,545
Jun 20191732,38652.782.49$15,075
May 20191812,51358.482.74$17,471
Apr 20191842,06162.632.75$17,193
Mar 20191852,45956.803.06$18,038
Feb 20191872,20150.852.79$15,655
Jan 20191882,39846.033.23$16,395
Dec 20183702,52046.594.19$27,786
Nov 20183592,47452.934.24$29,485
Oct 20181772,53361.443.40$19,482
Sep 20181862,47459.543.11$18,764
Aug 20181812,62859.403.07$18,810
Jul 20183612,57065.142.93$31,050
Jun 20181872,60360.183.08$19,263
May 20181832,65165.382.90$19,655
Apr 20181821,23163.842.90$15,190
Mar 20183672,53461.222.79$29,530
Feb 20181852,38261.782.77$18,018
Jan 20181842,74462.874.01$22,570
Dec 20171862,65057.272.92$18,394
Nov 20173652,68255.423.12$28,592
Oct 20173732,95249.292.98$27,193
Sep 20171832,85547.523.09$17,510
Aug 20171722,90445.373.00$16,528
Jul 20171912,87243.873.09$17,246
Jun 20171902,60942.493.09$16,128
May 20171892,90245.373.26$18,045
Apr 20171772,71047.933.21$17,187
Mar 20175283,00546.772.98$33,661
Feb 20171722,73350.452.95$16,747
Jan 201702,78349.413.42$9,515
Dec 201602,63148.763.72$9,795
Nov 20161742,85942.492.64$14,953
Oct 20161753,30646.193.09$18,300
Sep 20161782,64941.553.10$15,609
Aug 20161833,01341.442.92$16,395
Jul 20161693,32141.622.92$16,746
Jun 20161673,27545.352.69$16,370
May 20161943,39542.521.99$15,008
Apr 20161883,20836.561.99$13,261
Mar 20161933,46833.011.79$12,593
Feb 20161973,11626.472.06$11,645
Jan 20161903,40327.352.36$13,242
Dec 20152073,50532.362.00$13,713
Nov 20153713,52938.792.17$22,040
Oct 20151883,78143.552.43$17,362
Sep 20151933,77642.992.76$18,713
Aug 20151854,32740.162.87$19,859
Jul 20153554,15748.152.95$29,336
Jun 20151893,65856.152.88$21,158
May 20152403,93255.212.96$24,871
Apr 20153893,92449.822.71$30,001
Mar 20153902,59442.892.93$24,340
Feb 20153902,03544.662.98$23,474
Jan 20153973,72543.433.10$28,792
Dec 20141943,64454.693.59$23,697
Nov 20143893,75570.464.25$43,375
Oct 20143634,18678.303.90$44,752
Sep 20141783,53986.164.05$29,653
Aug 20143873,69789.394.04$49,512
Jul 20145704,22096.564.18$72,677
Jun 20141964,08198.164.74$38,571
May 20143944,63994.734.73$59,250
Apr 20143844,53595.944.81$58,650
Mar 20143774,88895.895.06$60,868
Feb 20143764,55497.406.19$64,821
Jan 20143534,84290.404.86$55,447
Dec 20133936,00891.824.35$62,247
Nov 20133854,15988.853.74$49,755
Oct 20135474,92397.423.78$71,895
Sep 20133874,831104.113.72$58,251
Aug 20133738,977104.253.52$70,508
Jul 201302,113102.523.72$7,856
Jun 2013036494.403.93$1,432
May 20135644,25094.834.15$71,118
Apr 20131893,89093.964.28$34,418
Mar 20131884,24093.623.91$34,191
Feb 20133844,48791.233.42$50,377
Jan 20135754,58191.603.42$68,337
Dec 20123854,45086.773.42$48,626
Nov 20123784,80686.953.62$50,289
Oct 20123665,43089.383.40$51,173
Sep 20121774,51794.672.92$29,939
Aug 20121864,94092.662.91$31,601
Jul 20121775,38385.133.02$31,329
Jun 20123635,68079.822.52$43,283
May 20123645,31191.612.49$46,562
Apr 20123655,615101.652.00$48,314
Mar 20125506,025105.052.22$71,166
Feb 20123717,014101.102.57$55,536
Jan 20125677,78098.092.73$76,888
Dec 20115787,77096.873.24$81,164
Nov 20113877,80995.723.31$62,901
Oct 20115428,66884.983.65$77,685
Sep 20113717,26283.623.99$59,968
Aug 20113728,22683.404.15$65,157
Jul 20113688,35794.144.52$72,394
Jun 20113707,87192.904.64$70,894
May 20113768,44398.134.40$74,087
Apr 20115658,467105.964.33$96,557
Mar 20113779,24896.364.06$73,850
Feb 20113727,21985.644.18$62,033
Jan 20119478,47486.504.59$120,801
Dec 20103759,04485.734.35$71,470
Nov 20105658,34580.843.80$77,347
Oct 20103679,89278.103.51$63,373
Sep 20103779,96872.633.98$67,049
Aug 201037310,88073.684.42$75,565
Jul 201057211,14272.554.74$94,273
Jun 201056812,09270.364.91$99,341
May 201038815,63271.124.24$93,800
Apr 201091513,77681.694.12$131,541
Mar 201038110,26578.394.39$74,916
Feb 20105599,22873.585.44$91,353
Jan 20107648,52274.365.96$107,637
Dec 200958810,03171.445.48$97,014
Nov 20093809,34574.593.75$63,402
Oct 200968210,94672.544.11$94,463
Sep 200956111,67865.543.06$72,558
Aug 200936512,05567.423.22$63,407
Jul 200938012,27161.133.46$65,742
Jun 200957413,40266.163.90$90,177
May 200974613,95854.743.93$95,632
Apr 200967713,86346.773.59$81,397
Mar 200955713,80842.144.06$79,519
Feb 200975913,93732.814.63$89,473
Jan 200976817,21735.865.37$120,013
Dec 200855722,48637.105.98$155,067
Nov 20081,15421,23255.496.86$209,695
Oct 200875020,53375.246.92$198,559
Sep 200896120,864101.767.88$262,139
Aug 200895223,591114.228.48$308,860
Jul 200895626,023131.0811.39$421,700
Jun 20081,37227,998131.3313.03$545,072
May 20081,32332,717123.1711.57$541,630
Apr 20081,16536,585110.3110.45$511,002
Mar 20081,78545,189101.909.66$618,601
Feb 20081,77058,64192.538.77$678,094
Jan 20083,16489,99090.388.21$1,024,396
Dec 20076,077126,96588.337.30$1,463,876
Nov 20071,56736,53591.677.29$410,049

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 2025 — as filed, then multipliedworked
Condensate             4 bbl  × $ 62.36 =       $249
Gas                    0 Mcf  × $  3.54 =         $0

────────────────────────────────────────────────────
Month total                                     $249

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/240990 is the state's own key, not one this site invented.