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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 270281District 04Field 548954002 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.7 M
May 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
157
no gaps in the span
Streams
2
condensate, gas

The LOPEZ RANCH (CONSOLIDATED) field

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 Gas112016-12-29219872
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
CondensateDisposition125,965 bbl$10,046,776
GasProduction4,011,956 Mcf$14,685,924
Total$24,732,700

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 26.9076, -98.1882. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.90762, -98.18825 · 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
11,427 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 11,427 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-047324841111,427 ftMay 2013——

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 (157)

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

157 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 20221081.844.54$82
Dec 20211071.323.90$71
Nov 202137077.435.24$2,865
Oct 202145079.795.71$3,591
Sep 2021100069.865.35$6,986
Aug 2021207066.024.22$13,666
Jul 2021104070.783.98$7,361
Jun 2021207069.493.38$14,384
May 2021105063.483.02$6,665
Apr 2021105060.362.76$6,338
Mar 2021244061.302.72$14,957
Feb 20212425,72857.805.55$45,766
Jan 202136110,48850.412.81$47,672
Dec 202040316,23644.642.68$61,429
Nov 202027312,87738.772.71$45,437
Oct 20202869,75436.972.48$34,748
Sep 20202809,26437.091.99$28,830
Aug 202031312,13839.982.39$41,464
Jul 202030512,97438.371.83$35,382
Jun 202019412,79334.901.69$28,395
May 202029213,45116.921.81$29,351
Apr 202024913,54414.751.80$28,111
Mar 202024914,03530.341.86$33,607
Feb 202023013,04049.881.98$37,300
Jan 202029113,97357.252.09$45,930
Dec 201944014,07259.012.30$58,391
Nov 201931913,98355.302.75$56,104
Oct 201938614,42153.472.42$55,517
Sep 201923114,05255.052.66$50,057
Aug 201937214,64153.112.30$53,495
Jul 201944514,43356.272.46$60,546
Jun 201938114,36252.782.49$55,888
May 201938314,50158.482.74$62,135
Apr 201943114,66162.632.75$67,322
Mar 201940415,41256.803.06$70,140
Feb 201934213,65950.852.79$55,530
Jan 201927915,63646.033.23$63,318
Dec 201817515,79146.594.19$74,246
Nov 201815515,51152.934.24$73,928
Oct 201819916,00061.443.40$66,596
Sep 201815115,97959.543.11$58,653
Aug 201821516,99659.403.07$64,890
Jul 201827616,96165.142.93$67,706
Jun 201840716,50360.183.08$75,272
May 201850217,37865.382.90$83,231
Apr 201835916,72663.842.90$71,437
Mar 201849117,92561.222.79$80,013
Feb 201840816,95361.782.77$72,100
Jan 201845518,47462.874.01$102,674
Dec 201750118,65757.272.92$83,199
Nov 201740519,41455.423.12$82,985
Oct 201753220,47949.292.98$87,325
Sep 201739620,18247.523.09$81,125
Aug 201744820,51245.373.00$81,952
Jul 201737821,38643.873.09$82,607
Jun 201742121,26742.493.09$83,545
May 201749022,68245.373.26$96,252
Apr 201752022,68847.933.21$97,788
Mar 201748421,56546.772.98$86,980
Feb 201750019,48550.452.95$82,756
Jan 201763921,71049.413.42$105,795
Dec 201670224,27548.763.72$124,601
Nov 201674126,30542.492.64$101,045
Oct 201671425,85346.193.09$112,872
Sep 201667726,01941.553.10$108,805
Aug 201674427,44741.442.92$111,096
Jul 201667228,37041.622.92$110,932
Jun 201680529,48045.352.69$115,685
May 201671931,62642.521.99$93,541
Apr 201686532,95536.561.99$97,239
Mar 201682431,59733.011.79$83,886
Feb 201690828,47726.472.06$82,801
Jan 201691428,06027.352.36$91,342
Dec 201575328,31032.362.00$81,027
Nov 201566631,39938.792.17$93,886
Oct 201579433,84443.552.43$116,704
Sep 201579740,23942.992.76$145,259
Aug 201582644,67940.162.87$161,512
Jul 201583448,53248.152.95$183,088
Jun 201574648,35956.152.88$181,300
May 201588752,61655.212.96$204,475
Apr 201592952,23749.822.71$187,666
Mar 20151,19160,73442.892.93$229,319
Feb 20151,20654,78744.662.98$216,916
Jan 20151,43462,90643.433.10$257,327
Dec 20141,58568,06154.693.59$331,115
Nov 20141,60874,59570.464.25$430,466
Oct 20141,61783,93078.303.90$454,019
Sep 20141,76370,50586.164.05$437,124
Aug 20142,15371,42889.394.04$480,677
Jul 20142,53180,00596.564.18$578,782
Jun 20142,62088,05798.164.74$674,295
May 20143,215109,90694.734.73$824,034
Apr 20144,033119,44295.944.81$961,337
Mar 20146,589143,87395.895.06$1,359,356
Feb 20146,037147,32397.406.19$1,500,228
Jan 20147,052171,01690.404.86$1,468,762
Dec 20136,367166,30791.824.35$1,308,798
Nov 20136,200218,39588.853.74$1,367,292
Oct 20137,412208,55797.423.78$1,510,289
Sep 20137,681156,350104.113.72$1,380,938
Aug 20137,543120,035104.253.52$1,209,194
Jul 20134,71480,248102.523.72$781,620
Jun 20135,03199,06394.403.93$864,582
May 201382240,40294.834.15$245,581

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 2022 — as filed, then multipliedworked
Condensate             1 bbl  × $ 81.84 =        $82
Gas                    0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                      $82

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/270281 is the state's own key, not one this site invented.