LOPEZ MINERAL TRUST

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the CISCO-BENAVIDES (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 247490District 04Field 182962252 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
Feb 2009 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
208
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 264 leases and 264 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2009-06-18.

The Commission's schedule remark for this field reads: SUSPENDED. OPERATORS ARE REQUIRED TO PERFORM ANNUAL G-10 TESTS.

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 Gas112009-07-23192437
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
CondensateDisposition478 bbl$36,180
GasProduction1,252,926 Mcf$4,834,768
Total$4,870,947

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 26.9900, -99.3276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.98997, -99.32760 · 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
10,200 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 10,200 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-50536280110,200 ftApr 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 (208)

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

208 months

May 202601,390106.413.05$4,234
Apr 202601,34298.932.87$3,851
Mar 202601,47289.753.15$4,636
Feb 202601,36663.503.75$5,123
Jan 202601,56259.138.00$12,493
Dec 202501,30256.664.41$5,746
Nov 202501,03558.593.93$4,064
Oct 202501559.383.30$50
Sep 2025019462.743.08$597
Aug 20250063.933.01$0
Jul 202502266.743.32$73
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202501267.704.27$51
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240471.372.28$9
Sep 20240069.612.36$0
Aug 2024017575.632.06$361
Jul 2024016579.932.15$354
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240484.451.66$7
Mar 20240080.301.55$0
Feb 20240876.091.78$14
Jan 202405973.023.30$195
Dec 202308971.262.61$232
Nov 202302877.892.81$79
Oct 20230085.443.09$0
Sep 20230189.042.74$3
Aug 202303280.522.67$86
Jul 202305574.852.64$145
Jun 20230668.962.26$14
May 20230270.622.23$4
Apr 20230078.122.24$0
Mar 20230272.852.39$5
Feb 20230375.112.47$7
Jan 20230576.533.39$17
Dec 202204876.415.73$275
Nov 202201785.005.65$96
Oct 2022023387.185.86$1,366
Sep 2022012984.888.16$1,053
Aug 202201094.529.13$91
Jul 2022038101.587.54$287
Jun 2022025115.097.98$199
May 2022029109.378.43$245
Apr 2022020104.226.84$137
Mar 2022240108.885.08$2,613
Feb 20220891.054.86$39
Jan 2022018181.844.54$821
Dec 202103771.323.90$144
Nov 2021213577.435.24$1,809
Oct 202104579.795.71$257
Sep 2021010569.865.35$562
Aug 202105166.024.22$215
Jul 2021023970.783.98$952
Jun 2021029869.493.38$1,007
May 2021015163.483.02$456
Apr 202124660.362.76$1,465
Mar 20210161.302.72$3
Feb 20210057.805.55$0
Jan 20210150.412.81$3
Dec 20200144.642.68$3
Nov 202005538.772.71$149
Oct 2020011236.972.48$278
Sep 2020010137.091.99$201
Aug 20200139.982.39$2
Jul 2020036538.371.83$666
Jun 202004434.901.69$74
May 2020024016.921.81$436
Apr 20203580514.751.80$1,969
Mar 2020041730.341.86$774
Feb 2020025349.881.98$501
Jan 2020920957.252.09$953
Dec 2019033359.012.30$767
Nov 2019010055.302.75$275
Oct 2019049553.472.42$1,197
Sep 2019023255.052.66$616
Aug 201906253.112.30$143
Jul 201903656.272.46$89
Jun 201908552.782.49$212
May 201907858.482.74$214
Apr 201909262.632.75$253
Mar 2019042956.803.06$1,314
Feb 2019014250.852.79$397
Jan 2019031746.033.23$1,023
Dec 2018068246.594.19$2,854
Nov 2018056452.934.24$2,390
Oct 2018070061.443.40$2,379
Sep 2018094059.543.11$2,922
Aug 201801,08659.403.07$3,330
Jul 201801,14765.142.93$3,363
Jun 201801,46460.183.08$4,505
May 201801,48365.382.90$4,302
Apr 201801,49463.842.90$4,334
Mar 201801,36261.222.79$3,796
Feb 201801,09561.782.77$3,029
Jan 201801,29162.874.01$5,176
Dec 201701,26157.272.92$3,684
Nov 201701,44655.423.12$4,509
Oct 201702,04549.292.98$6,102
Sep 201702,78847.523.09$8,607
Aug 201702,93945.373.00$8,830
Jul 201703,04543.873.09$9,401
Jun 201702,96442.493.09$9,151
May 201702,97845.373.26$9,718
Apr 201703,14547.933.21$10,100
Mar 201703,36146.772.98$10,028
Feb 201702,97150.452.95$8,772
Jan 201702,88949.413.42$9,877
Dec 201602,66048.763.72$9,903
Nov 201602,68642.492.64$7,103
Oct 201603,13446.193.09$9,685
Sep 201603,13741.553.10$9,727
Aug 201603,59841.442.92$10,522
Jul 201603,30541.622.92$9,665
Jun 201603,40645.352.69$9,148
May 201603,68742.521.99$7,341
Apr 201603,37136.561.99$6,712
Mar 201603,67033.011.79$6,584
Feb 201603,58526.472.06$7,398
Jan 201603,27827.352.36$7,750
Dec 201503,60932.362.00$7,223
Nov 201503,59738.792.17$7,796
Oct 201504,01543.552.43$9,743
Sep 201503,82442.992.76$10,548
Aug 201514,09740.162.87$11,809
Jul 201504,11948.152.95$12,131
Jun 201504,16356.152.88$12,001
May 201504,40155.212.96$13,007
Apr 201504,27049.822.71$11,557
Mar 201504,42342.892.93$12,980
Feb 201504,37444.662.98$13,018
Jan 201504,82643.433.10$14,964
Dec 201404,05554.693.59$14,563
Nov 201404,61670.464.25$19,626
Oct 201404,79478.303.90$18,701
Sep 201405,21586.164.05$21,097
Aug 201404,82489.394.04$19,465
Jul 201405,43196.564.18$22,699
Jun 201405,33298.164.74$25,257
May 201405,53194.734.73$26,143
Apr 201405,50095.944.81$26,450
Mar 201406,00195.895.06$30,346
Feb 201405,48597.406.19$33,963
Jan 201405,90990.404.86$28,722
Dec 201305,65091.824.35$24,603
Nov 201306,16688.853.74$23,050
Oct 201306,84997.423.78$25,885
Sep 201306,952104.113.72$25,846
Aug 201307,325104.253.52$25,803
Jul 201307,149102.523.72$26,578
Jun 201307,14594.403.93$28,104
May 201307,22194.834.15$29,961
Apr 201307,71093.964.28$33,019
Mar 201308,39093.623.91$32,829
Feb 201307,48391.233.42$25,591
Jan 201308,30591.603.42$28,402
Dec 20120086.773.42$0
Nov 201207,32286.953.62$26,542
Oct 201208,86589.383.40$30,138
Sep 201209,00994.672.92$26,292
Aug 201209,60592.662.91$27,933
Jul 201209,74885.133.02$29,447
Jun 201209,87879.822.52$24,883
May 20123510,34591.612.49$28,948
Apr 2012010,589101.652.00$21,144
Mar 2012011,113105.052.22$24,694
Feb 2012010,830101.102.57$27,836
Jan 2012011,70598.092.73$32,002
Dec 2011011,57896.873.24$37,510
Nov 2011013,23895.723.31$43,835
Oct 2011512,44584.983.65$45,831
Sep 2011013,33183.623.99$53,135
Aug 2011012,84983.404.15$53,315
Jul 2011014,12594.144.52$63,806
Jun 2011014,20592.904.64$65,910
May 20116715,27298.134.40$73,845
Apr 2011015,312105.964.33$66,351
Mar 2011016,18796.364.06$65,676
Feb 2011015,05785.644.18$62,938
Jan 2011017,07386.504.59$78,344
Dec 2010018,08085.734.35$78,607
Nov 2010017,97380.843.80$68,213
Oct 2010020,06278.103.51$70,395
Sep 2010019,79972.633.98$78,790
Aug 2010020,13473.684.42$88,979
Jul 2010321,54672.554.74$102,270
Jun 2010624,11970.364.91$118,856
May 2010526,44171.124.24$112,339
Apr 2010526,35381.694.12$109,054
Mar 201018130,01378.394.39$145,906
Feb 2010630,55673.585.44$166,738
Jan 2010525,43174.365.96$152,045
Dec 20091026,71271.445.48$147,196
Nov 2009529,68574.593.75$111,736
Oct 2009032,51072.544.11$133,624
Sep 2009035,39265.543.06$108,468
Aug 2009441,01667.423.22$132,280
Jul 20091844,11261.133.46$153,926
Jun 2009045,71366.163.90$178,052
May 2009053,66354.743.93$210,668
Apr 2009040,26446.773.59$144,447
Mar 2009630,84442.144.06$125,449
Feb 2009312,35332.814.63$57,330

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             0 bbl  × $106.41 =         $0
Gas                1,390 Mcf  × $  3.05 =     $4,234

────────────────────────────────────────────────────
Month total                                   $4,234

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/247490 is the state's own key, not one this site invented.