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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 271189District 04Field 548954002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.3 M
Nov 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
151
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 Gas112016-12-29219874
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
CondensateDisposition80,927 bbl$6,115,228
GasProduction2,626,406 Mcf$10,138,921
Total$16,254,149

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 26.9110, -98.1896. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.91096, -98.18959 · 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
12,050 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 12,050 ft.

Completions filed
Nov 2013
1 of 1 wells

1 well

42-047324901312,050 ftNov 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 (151)

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

151 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 202035014.751.80$516
Mar 20209410330.341.86$3,043
Feb 202011414249.881.98$5,968
Jan 2020145457.252.09$8,310
Dec 20192199,57559.012.30$34,987
Nov 201915910,62055.302.75$38,005
Oct 20191929,56553.472.42$33,400
Sep 201911510,25355.052.66$33,576
Aug 201916810,70153.112.30$33,581
Jul 20199610,45156.272.46$31,112
Jun 20197210,38252.782.49$29,664
May 20197211,11758.482.74$34,675
Apr 20198110,54862.632.75$34,087
Mar 20197611,81156.803.06$40,483
Feb 20196610,47050.852.79$32,591
Jan 20196811,91046.033.23$41,578
Dec 20187311,80646.594.19$52,814
Nov 20186511,52052.934.24$52,253
Oct 20188311,97061.443.40$45,775
Sep 20186311,64259.543.11$39,934
Aug 20187212,23259.403.07$41,787
Jul 20183812,50165.142.93$39,127
Jun 2018411,90760.183.08$36,878
May 2018512,79465.382.90$37,440
Apr 2018412,20463.842.90$35,657
Mar 2018512,60861.222.79$35,443
Feb 2018411,73861.782.77$32,716
Jan 2018413,01262.874.01$52,421
Dec 2017512,88157.272.92$37,918
Nov 2017413,18555.423.12$41,337
Oct 2017513,94449.292.98$41,851
Sep 2017413,77447.523.09$42,714
Aug 20177215,01945.373.00$48,390
Jul 201758314,61343.873.09$70,691
Jun 201766114,45242.493.09$72,703
May 201776915,29845.373.26$84,813
Apr 201781615,06247.933.21$87,484
Mar 201776116,03546.772.98$83,435
Feb 201772815,09250.452.95$81,288
Jan 201760017,07249.413.42$88,012
Dec 201649017,45748.763.72$88,882
Nov 201651717,42942.492.64$68,056
Oct 201649818,38146.193.09$79,805
Sep 201647218,90241.553.10$78,220
Aug 201651919,20841.442.92$77,678
Jul 201647019,87141.622.92$77,671
Jun 201657420,07745.352.69$79,954
May 201653321,10642.521.99$64,686
Apr 201664121,47536.561.99$66,193
Mar 201661122,68233.011.79$60,861
Feb 201667322,36726.472.06$63,972
Jan 201668623,69327.352.36$74,781
Dec 201565526,44832.362.00$74,129
Nov 201564927,75338.792.17$85,325
Oct 201577429,87043.552.43$106,190
Sep 201577731,23642.992.76$119,565
Aug 201580835,12640.162.87$133,348
Jul 201592837,73348.152.95$155,810
Jun 201589238,57756.152.88$161,298
May 20151,06041,07655.212.96$179,921
Apr 20151,11042,94049.822.71$171,520
Mar 20151,42448,93742.892.93$204,691
Feb 20151,44544,91044.662.98$198,194
Jan 20151,84653,64543.433.10$246,505
Dec 20142,38859,66354.693.59$344,871
Nov 20142,42365,78470.464.25$450,428
Oct 20142,43675,86978.303.90$486,701
Sep 20142,65677,06686.164.05$540,607
Aug 20143,25896,80689.394.04$681,856
Jul 20144,321108,57196.564.18$871,019
Jun 20144,497117,97098.164.74$1,000,235
May 20144,661136,80294.734.73$1,088,139
Apr 20145,875133,88295.944.81$1,207,502
Mar 20144,474149,20595.895.06$1,183,512
Feb 20145,102141,88897.406.19$1,375,505
Jan 20145,960173,31690.404.86$1,381,225
Dec 20135,206137,03491.824.35$1,074,727
Nov 20131,4181,63888.853.74$132,113

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.

Apr 2020 — as filed, then multipliedworked
Condensate            35 bbl  × $ 14.75 =       $516
Gas                    0 Mcf  × $  1.80 =         $0

────────────────────────────────────────────────────
Month total                                     $516

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/271189 is the state's own key, not one this site invented.