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 242334District 04Field 548954002 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.6 M
Oct 2008 – May 2026
Value, last 12 filed months
$154 k
at the published price for each month
Months reported
212
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 Gas112009-06-26190482
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
CondensateDisposition106,285 bbl$7,004,738
GasProduction2,068,224 Mcf$8,567,402
Total$15,572,140

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 26.9024, -98.1904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.90242, -98.19045 · 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
11,530 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 11,530 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-04732308211,530 ftNov 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 (212)

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

212 months

May 20261781,181106.413.05$22,538
Apr 2026711,40898.932.87$11,065
Mar 202601,26989.753.15$3,997
Feb 20262541,18963.503.75$20,588
Jan 202601,30359.138.00$10,421
Dec 2025791,42556.664.41$10,765
Nov 20252521,27958.593.93$19,787
Oct 202501,31759.383.30$4,352
Sep 20251731,47362.743.08$15,386
Aug 2025791,25763.933.01$8,840
Jul 202501,32566.743.32$4,393
Jun 20252641,32566.483.13$21,696
May 202501,39360.553.23$4,503
Apr 20252571,54762.363.54$21,508
Mar 202501,40367.704.27$5,988
Feb 202501,46270.884.34$6,346
Jan 20251921,39374.324.28$20,230
Dec 202401,76468.993.12$5,506
Nov 20241771,43869.052.20$15,383
Oct 202401,82371.372.28$4,159
Sep 20241901,42569.612.36$16,595
Aug 202401,51475.632.06$3,124
Jul 20241791,66679.932.15$17,884
Jun 202401,70078.082.63$4,478
May 202401,37378.812.20$3,018
Apr 20241881,70784.451.66$18,709
Mar 20241791,65780.301.55$16,934
Feb 202401,54276.091.78$2,750
Jan 20241801,68273.023.30$18,690
Dec 202301,71071.262.61$4,464
Nov 20231761,28077.892.81$17,302
Oct 202301,29285.443.09$3,989
Sep 20231851,70789.042.74$21,141
Aug 202301,53280.522.67$4,095
Jul 202301,52774.852.64$4,034
Jun 20231891,43968.962.26$16,283
May 20231851,72970.622.23$16,916
Apr 202301,70678.122.24$3,818
Mar 20231851,77172.852.39$17,716
Feb 202301,82075.112.47$4,488
Jan 20232072,30576.533.39$23,650
Dec 20221882,57176.415.73$29,095
Nov 20221903,19785.005.65$34,201
Oct 20223745,14687.185.86$62,780
Sep 20223746,63484.888.16$85,903
Aug 202205,02494.529.13$45,855
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202062044.642.68$2,768
Nov 2020179938.772.71$6,964
Oct 2020097936.972.48$2,426
Sep 20201491,65737.091.99$8,826
Aug 20201851,80439.982.39$11,699
Jul 20201841,56438.371.83$9,915
Jun 202001,72934.901.69$2,923
May 202002,10116.921.81$3,813
Apr 20201861,74314.751.80$5,889
Mar 202001,84430.341.86$3,423
Feb 20201861,69649.881.98$12,637
Jan 20201851,87357.252.09$14,515
Dec 20191871,92759.012.30$15,475
Nov 201901,95155.302.75$5,367
Oct 201901,91753.472.42$4,636
Sep 20191821,95355.052.66$15,209
Aug 20192522,10753.112.30$18,239
Jul 201901,94056.272.46$4,773
Jun 20191812,05652.782.49$14,675
May 201902,10558.482.74$5,768
Apr 201902,12262.632.75$5,837
Mar 20191852,23956.803.06$17,364
Feb 201902,08050.852.79$5,808
Jan 20191842,45446.033.23$16,391
Dec 201802,40946.594.19$10,083
Nov 20181852,35952.934.24$19,788
Oct 201802,43761.443.40$8,281
Sep 20181832,39259.543.11$18,330
Aug 20181832,63059.403.07$18,935
Jul 20181822,63765.142.93$19,587
Jun 201802,52760.183.08$7,775
May 20183662,64065.382.90$31,587
Apr 20181832,51663.842.90$18,981
Mar 20181852,64361.222.79$18,691
Feb 20181792,42461.782.77$17,764
Jan 201802,66562.874.01$10,685
Dec 20171862,67157.272.92$18,456
Nov 20171802,31255.423.12$17,185
Oct 20171782,93749.292.98$17,537
Sep 20171882,92147.523.09$17,952
Aug 20171783,04145.373.00$17,212
Jul 20171763,02343.873.09$17,054
Jun 201702,72342.493.09$8,407
May 20171942,96645.373.26$18,481
Apr 20171943,07547.933.21$19,174
Mar 20171943,19246.772.98$18,597
Feb 20173423,01650.452.95$26,159
Jan 201703,16249.413.42$10,810
Dec 20161652,70648.763.72$18,119
Nov 20161733,23842.492.64$15,913
Oct 20161743,03946.193.09$17,428
Sep 20163343,31641.553.10$24,159
Aug 20161783,70441.442.92$18,208
Jul 20161733,48941.622.92$17,403
Jun 20161713,45245.352.69$17,026
May 20161773,53442.521.99$14,562
Apr 20163773,83736.561.99$21,423
Mar 20161984,09633.011.79$13,884
Feb 20161964,10726.472.06$13,663
Jan 20162004,36527.352.36$15,790
Dec 20151824,42732.362.00$14,750
Nov 20153854,43538.792.17$24,546
Oct 20151914,84643.552.43$20,077
Sep 20151944,66042.992.76$21,194
Aug 20153575,14640.162.87$29,119
Jul 20151895,37948.152.95$24,942
Jun 20153815,18056.152.88$36,326
May 20151925,32355.212.96$26,332
Apr 20153835,33049.822.71$33,507
Mar 20151865,40742.892.93$23,846
Feb 20153934,74644.662.98$31,676
Jan 20151904,77643.433.10$23,060
Dec 20143715,40954.693.59$39,716
Nov 20143835,31470.464.25$49,580
Oct 20143836,01478.303.90$53,449
Sep 20143795,39686.164.05$54,484
Aug 20143785,09689.394.04$54,352
Jul 20141995,49796.564.18$42,191
Jun 20143905,13598.164.74$62,606
May 20143956,61094.734.73$68,661
Apr 20143786,78995.944.81$68,914
Mar 20145727,35595.895.06$92,042
Feb 20143446,88897.406.19$76,156
Jan 20143607,91090.404.86$70,992
Dec 20135948,07991.824.35$89,721
Nov 20131976,00788.853.74$39,959
Oct 20135778,33997.423.78$87,727
Sep 20133858,771104.113.72$72,691
Aug 201356312,377104.253.52$102,292
Jul 20135635,955102.523.72$79,858
Jun 2013060394.403.93$2,372
May 20135679,52594.834.15$93,289
Apr 20133799,02093.964.28$74,240
Mar 20135819,78793.623.91$92,688
Feb 20133769,07191.233.42$65,324
Jan 201358310,53391.603.42$89,425
Dec 201256810,93386.773.42$86,678
Nov 201256912,62986.953.62$95,254
Oct 201274514,67589.383.40$116,478
Sep 201255612,57694.672.92$89,338
Aug 201256113,22192.662.91$90,431
Jul 201255110,34685.133.02$78,160
Jun 201274210,50579.822.52$85,689
May 201237511,10591.612.49$61,987
Apr 201256710,975101.652.00$79,550
Mar 201274312,362105.052.22$105,522
Feb 201256012,168101.102.57$87,891
Jan 201276513,38498.092.73$111,632
Dec 201176414,17696.873.24$119,935
Nov 201176213,99395.723.31$119,273
Oct 201194615,46584.983.65$136,816
Sep 201156414,87183.623.99$106,435
Aug 201194115,74283.404.15$143,798
Jul 201174716,69294.144.52$145,724
Jun 201192616,56492.904.64$162,880
May 201194317,66098.134.40$170,326
Apr 201175718,006105.964.33$158,237
Mar 201196019,32196.364.06$170,897
Feb 201176217,27085.644.18$137,446
Jan 20111,33020,94486.504.59$211,152
Dec 201092721,68485.734.35$173,748
Nov 201093519,63080.843.80$150,088
Oct 20101,29721,51678.103.51$176,793
Sep 20101,12822,85572.633.98$172,877
Aug 20101,11825,64973.684.42$195,726
Jul 20101,13527,54872.554.74$212,825
Jun 20101,33727,07370.364.91$227,011
May 20101,14029,79771.124.24$207,274
Apr 20101,33429,23681.694.12$229,505
Mar 20101,49535,50578.394.39$273,013
Feb 20101,49133,16273.585.44$290,187
Jan 20101,92037,46174.365.96$366,192
Dec 20091,71738,62571.445.48$334,472
Nov 20091,69142,80674.593.75$286,718
Oct 20092,23246,91572.544.11$354,742
Sep 20091,67746,02165.543.06$250,953
Aug 20092,35451,08467.423.22$323,121
Jul 20092,67456,79661.133.46$360,231
Jun 20092,79564,67166.163.90$436,811
May 20093,37570,88754.743.93$463,032
Apr 20094,33176,94046.773.59$478,583
Mar 20094,00981,96142.144.06$501,619
Feb 20094,82088,12832.814.63$566,441
Jan 20095,278101,59435.865.37$734,930
Dec 20085,65492,77837.105.98$764,310
Nov 20083,60150,18055.496.86$544,072
Oct 200819216,32375.246.92$127,434

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 2026 — as filed, then multipliedworked
Condensate           178 bbl  × $106.41 =    $18,941
Gas                1,181 Mcf  × $  3.05 =     $3,597

────────────────────────────────────────────────────
Month total                                  $22,538

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/242334 is the state's own key, not one this site invented.