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 247316District 04Field 548954002 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.3 M
Jan 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
209
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 Gas112009-09-15194126
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
CondensateDisposition117,782 bbl$8,633,651
GasProduction2,775,295 Mcf$10,715,223
Total$19,348,874

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 26.9023, -98.1882. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.90235, -98.18817 · 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
11,600 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 11,600 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-04732397311,600 ftMar 2009

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 (209)

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

209 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 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
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 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
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 2018167061.443.40$10,260
Sep 20180059.543.11$0
Aug 20180259.403.07$6
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 20178045.373.26$363
Apr 20170847.933.21$26
Mar 20170046.772.98$0
Feb 20171694,18650.452.95$20,886
Jan 20173318,39749.413.42$45,062
Dec 20161738,59548.763.72$40,433
Nov 20163498,00042.492.64$35,984
Oct 20163478,57246.193.09$42,518
Sep 20165078,74941.553.10$48,193
Aug 20161638,15041.442.92$30,588
Jul 20163129,31941.622.92$40,237
Jun 20163449,31445.352.69$40,616
May 20163619,67642.521.99$34,615
Apr 20163849,31336.561.99$32,582
Mar 20163839,73433.011.79$30,106
Feb 20163889,23826.472.06$29,334
Jan 201619810,21327.352.36$29,563
Dec 201539110,39732.362.00$33,461
Nov 201538110,28338.792.17$37,066
Oct 201537810,72943.552.43$42,497
Sep 201537410,63042.992.76$45,400
Aug 201538211,59840.162.87$48,656
Jul 201556012,00448.152.95$62,317
Jun 201522911,77056.152.88$46,790
May 201558512,54555.212.96$69,374
Apr 201539511,83949.822.71$51,722
Mar 201537312,41742.892.93$52,438
Feb 201559011,34944.662.98$60,126
Jan 201538213,47443.433.10$58,368
Dec 201454811,89254.693.59$72,679
Nov 201456012,50970.464.25$92,644
Oct 201456312,73078.303.90$93,742
Sep 201439612,37386.164.05$84,174
Aug 201455613,03689.394.04$102,303
Jul 201459614,32396.564.18$117,414
Jun 201458613,31198.164.74$120,574
May 201458315,06994.734.73$126,452
Apr 201458010,84295.944.81$107,786
Mar 201456914,53895.895.06$128,077
Feb 201456214,63497.406.19$145,353
Jan 201477419,75390.404.86$165,983
Dec 20133849,70891.824.35$77,532
Nov 201356814,95188.853.74$106,358
Oct 201374019,20397.423.78$144,666
Sep 201358620,639104.113.72$137,739
Aug 201377418,789104.253.52$146,876
Jul 201391520,926102.523.72$171,603
Jun 201301,44994.403.93$5,700
May 201391917,50794.834.15$159,787
Apr 201356917,30693.964.28$127,578
Mar 201375418,71993.623.91$143,834
Feb 201357017,47991.233.42$111,778
Jan 201392619,94291.603.42$153,021
Dec 201257619,70786.773.42$117,381
Nov 201294822,32286.953.62$163,345
Oct 201255324,92689.383.40$134,168
Sep 201292420,61094.672.92$147,623
Aug 201276122,11292.662.91$134,819
Jul 201275322,70585.133.02$132,690
Jun 201272922,59779.822.52$115,112
May 201290824,37391.612.49$143,830
Apr 201273123,950101.652.00$122,130
Mar 201290725,519105.052.22$151,986
Feb 201274727,799101.102.57$146,972
Jan 20121,29230,95798.092.73$211,371
Dec 201175430,43796.873.24$171,648
Nov 20111,11931,95195.723.31$212,909
Oct 20111,10935,68784.983.65$224,448
Sep 20111,10940,26683.623.99$253,227
Aug 20111,07930,64283.404.15$217,132
Jul 20111,11833,89894.144.52$258,374
Jun 20111,28233,93692.904.64$276,557
May 20111,11835,87398.134.40$267,723
Apr 20111,30337,399105.964.33$300,126
Mar 20111,49240,48896.364.06$308,043
Feb 20111,34137,98985.644.18$273,637
Jan 20111,72845,60886.504.59$358,757
Dec 20101,79949,05385.734.35$367,498
Nov 20101,91149,70380.843.80$343,125
Oct 20102,23354,56378.103.51$365,853
Sep 20102,25349,06672.633.98$358,892
Aug 20102,05647,64273.684.42$362,033
Jul 20102,26452,06572.554.74$410,859
Jun 20102,17949,92470.364.91$398,461
May 20102,56952,86671.124.24$406,606
Apr 20102,43647,89881.694.12$396,465
Mar 20102,87655,93678.394.39$470,934
Feb 20102,69251,92473.585.44$480,666
Jan 20102,97357,86974.365.96$566,208
Dec 20093,56457,24071.445.48$568,502
Nov 20093,48861,36874.593.75$490,392
Oct 20093,58569,10272.544.11$544,082
Sep 20093,57069,71565.543.06$447,637
Aug 20093,68576,82467.423.22$495,701
Jul 20094,14682,51661.133.46$539,322
Jun 20094,21985,04866.163.90$610,391
May 20094,62092,61354.743.93$616,474
Apr 20094,88693,60546.773.59$564,326
Mar 20093,84584,20442.144.06$503,812
Feb 20091,37040,65832.814.63$233,318
Jan 200901335.865.37$70

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.

Oct 2018 — as filed, then multipliedworked
Condensate           167 bbl  × $ 61.44 =    $10,260
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                  $10,260

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/247316 is the state's own key, not one this site invented.