LOPEZ MINERAL TRUST

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the DINN INTERMEDIATE (HINNANT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 251311District 04Field 249072202 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.1 M
Mar 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
207
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
2000-06-06
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2000-05-23.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2003.

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 Gas112009-10-28195402
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
CondensateDisposition40 bbl$3,722
GasProduction4,207,024 Mcf$16,134,050
Total$16,137,771

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 27.5248, -98.7673. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.52479, -98.76733 · 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
14,417 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 14,417 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-13139141614,417 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 (207)

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

207 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 20213050.412.81$151
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 2019020,49353.472.42$49,563
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 2017018447.933.21$591
Mar 201701046.772.98$30
Feb 2017014750.452.95$434
Jan 2017010949.413.42$373
Dec 201602248.763.72$82
Nov 20160242.492.64$5
Oct 2016095746.193.09$2,957
Sep 201605,18641.553.10$16,080
Aug 201604,54841.442.92$13,300
Jul 201601,47641.622.92$4,316
Jun 201601245.352.69$32
May 201603442.521.99$68
Apr 201602536.561.99$50
Mar 2016019,24333.011.79$34,522
Feb 2016023,56526.472.06$48,629
Jan 2016024,29127.352.36$57,433
Dec 2015025,52432.362.00$51,084
Nov 2015024,26938.792.17$52,599
Oct 2015027,82243.552.43$67,512
Sep 2015027,50042.992.76$75,857
Aug 2015029,01940.162.87$83,357
Jul 2015028,85448.152.95$84,977
Jun 2015025,22656.152.88$72,723
May 2015022,67255.212.96$67,006
Apr 2015021,67249.822.71$58,657
Mar 2015023,70042.892.93$69,553
Feb 2015021,63544.662.98$64,390
Jan 2015023,62743.433.10$73,259
Dec 2014024,45754.693.59$87,834
Nov 2014023,66670.464.25$100,624
Oct 2014025,05578.303.90$97,739
Sep 2014019,23986.164.05$77,830
Aug 2014024,96989.394.04$100,753
Jul 2014025,47896.564.18$106,488
Jun 2014624,47298.164.74$116,510
May 2014024,48894.734.73$115,744
Apr 2014523,89995.944.81$115,413
Mar 20141123,98195.895.06$122,322
Feb 20141021,74197.406.19$135,594
Jan 2014024,38890.404.86$118,543
Dec 2013123,73491.824.35$103,441
Nov 2013122,27788.853.74$83,367
Oct 2013320,75897.423.78$78,744
Sep 2013017,707104.113.72$65,830
Aug 2013015,943104.253.52$56,161
Jul 2013014,583102.523.72$54,216
Jun 2013015,46794.403.93$60,838
May 2013023,11494.834.15$95,902
Apr 2013026,50393.964.28$113,501
Mar 2013028,19493.623.91$110,319
Feb 2013026,25091.233.42$89,773
Jan 2013029,26291.603.42$100,073
Dec 2012030,13986.773.42$103,080
Nov 2012029,92086.953.62$108,459
Oct 2012029,98389.383.40$101,933
Sep 2012033,54694.672.92$97,901
Aug 2012035,42492.662.91$103,019
Jul 2012035,94485.133.02$108,580
Jun 2012035,80879.822.52$90,202
May 2012037,84791.612.49$94,175
Apr 2012037,594101.652.00$75,068
Mar 2012039,647105.052.22$88,099
Feb 2012037,879101.102.57$97,358
Jan 2012041,72398.092.73$114,074
Dec 2011042,57096.873.24$137,916
Nov 2011042,53495.723.31$140,842
Oct 2011046,12484.983.65$168,285
Sep 2011049,58783.623.99$197,644
Aug 2011011,68383.404.15$48,477
Jul 20110094.144.52$0
Jun 2011025,79492.904.64$119,681
May 2011054,46398.134.40$239,900
Apr 2011056,593105.964.33$245,233
Mar 2011057,18996.364.06$232,035
Feb 2011054,92085.644.18$229,565
Jan 2011067,26786.504.59$308,673
Dec 2010069,41285.734.35$301,786
Nov 2010066,38680.843.80$251,957
Oct 2010070,38078.103.51$246,956
Sep 2010068,17072.633.98$271,280
Aug 2010075,58773.684.42$334,046
Jul 2010074,82272.554.74$354,394
Jun 2010077,53170.364.91$380,708
May 2010083,35971.124.24$353,044
Apr 2010084,20581.694.12$347,151
Mar 2010090,35778.394.39$396,547
Feb 2010085,42873.585.44$464,930
Jan 2010099,35274.365.96$592,544
Dec 20090103,83771.445.48$569,416
Nov 20090108,01474.593.75$405,215
Oct 20090106,82972.544.11$439,094
Sep 20090119,08965.543.06$364,978
Aug 20090133,95567.423.22$431,134
Jul 20090146,98561.133.46$509,230
Jun 20090158,51166.163.90$617,400
May 20090184,98254.743.93$726,193
Apr 20090218,32246.773.59$783,230
Mar 2009095,88442.144.06$389,193

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.

Jan 2021 — as filed, then multipliedworked
Condensate             3 bbl  × $ 50.41 =       $151
Gas                    0 Mcf  × $  2.81 =         $0

────────────────────────────────────────────────────
Month total                                     $151

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/251311 is the state's own key, not one this site invented.