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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 270285District 04Field 548954002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 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 Gas112016-12-29219873
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
CondensateDisposition36,612 bbl$2,824,727
GasProduction1,723,634 Mcf$6,540,636
Total$9,365,363

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 26.9080, -98.1854. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.90802, -98.18542 · 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
11,770 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 11,770 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-047324851211,770 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 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 201925046.033.23$1,151
Dec 2018953,42946.594.19$18,778
Nov 2018844,79452.934.24$24,759
Oct 20181084,80361.443.40$22,957
Sep 2018824,73959.543.11$19,611
Aug 20181135,65159.403.07$24,041
Jul 20181336,01965.142.93$26,311
Jun 20181866,03160.183.08$29,750
May 20182296,42665.382.90$33,613
Apr 20181646,00263.842.90$27,880
Mar 20182246,01961.222.79$30,487
Feb 20181865,65761.782.77$27,139
Jan 20182086,03762.874.01$37,281
Dec 20172295,95157.272.92$30,501
Nov 20171856,24955.423.12$29,739
Oct 20172436,67649.292.98$31,897
Sep 20171816,69147.523.09$29,258
Aug 20172007,36945.373.00$31,213
Jul 20171317,30743.873.09$28,306
Jun 20171447,44242.493.09$29,094
May 20171678,05245.373.26$33,854
Apr 20171778,09047.933.21$34,465
Mar 20171658,79946.772.98$33,970
Feb 20171688,34150.452.95$33,103
Jan 20171999,32649.413.42$41,716
Dec 20162079,66148.763.72$46,060
Nov 20162189,58142.492.64$34,598
Oct 201621010,33646.193.09$41,641
Sep 201619910,45641.553.10$40,689
Aug 201621910,88341.442.92$40,901
Jul 201619810,78741.622.92$39,786
Jun 201624810,85845.352.69$40,410
May 201623211,33342.521.99$32,429
Apr 201627911,79036.561.99$33,675
Mar 201626612,57133.011.79$31,333
Feb 201629312,22426.472.06$32,982
Jan 201629912,75427.352.36$38,333
Dec 201530113,97532.362.00$37,710
Nov 201541914,06538.792.17$46,737
Oct 201549914,78743.552.43$57,613
Sep 201550115,03142.992.76$63,000
Aug 201551716,79940.162.87$69,018
Jul 201542617,71848.152.95$72,693
Jun 201530417,98156.152.88$68,906
May 201536119,51755.212.96$77,612
Apr 201537817,74949.822.71$66,871
Mar 201548518,56642.892.93$75,287
Feb 201549016,28444.662.98$70,348
Jan 201555818,31643.433.10$81,025
Dec 201451617,24354.693.59$90,146
Nov 201452315,81770.464.25$104,102
Oct 201452618,41778.303.90$113,030
Sep 201457327,55586.164.05$160,842
Aug 201470232,09289.394.04$192,247
Jul 201491935,57196.564.18$237,411
Jun 201495337,27198.164.74$270,095
May 20141,17745,15794.734.73$324,934
Apr 20141,11348,09595.944.81$338,076
Mar 20141,30460,22295.895.06$429,571
Feb 20141,35761,47997.406.19$512,850
Jan 20142,77080,38390.404.86$641,127
Dec 20132,61777,36291.824.35$577,164
Nov 20132,537101,32388.853.74$604,186
Oct 20132,588108,03297.423.78$660,415
Sep 20130113,311104.113.72$421,261
Aug 201371133,821104.253.52$478,801
Jul 20131,30388,828102.523.72$463,823
Jun 20132,930131,73394.403.93$794,752
May 20130094.834.15$0

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 2019 — as filed, then multipliedworked
Condensate            25 bbl  × $ 46.03 =     $1,151
Gas                    0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                   $1,151

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/270285 is the state's own key, not one this site invented.