MineralRecord
Log inSign up

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 272979District 04Field 548954002 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.7 M
May 2014 – May 2026
Value, last 12 filed months
$519 k
at the published price for each month
Months reported
145
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 Gas112016-12-29219877
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
CondensateDisposition89,052 bbl$5,758,170
GasProduction3,517,988 Mcf$11,943,909
Total$17,702,079

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 26.9054, -98.1846. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.90540, -98.18458 · 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
11,987 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 11,987 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-047324981411,987 ftMay 2014——

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 (145)

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

145 months

May 20261777,476106.413.05$41,605
Apr 20262327,26298.932.87$43,792
Mar 20261797,95689.753.15$41,122
Feb 20262396,78763.503.75$40,630
Jan 20261817,50259.138.00$70,703
Dec 20252488,31256.664.41$50,736
Nov 20252447,28058.593.93$42,880
Oct 20251817,42159.383.30$35,273
Sep 20251917,40062.743.08$34,753
Aug 20252447,71263.933.01$38,849
Jul 20251917,68266.743.32$38,215
Jun 20252437,75266.483.13$40,408
May 202508,18560.553.23$26,457
Apr 20252428,01762.363.54$43,496
Mar 20251888,36767.704.27$48,441
Feb 20251837,52770.884.34$45,645
Jan 20251748,53074.324.28$49,429
Dec 20241849,13268.993.12$41,199
Nov 20241897,85669.052.20$30,321
Oct 20241788,45071.372.28$31,982
Sep 20241797,88269.612.36$31,096
Aug 20241828,56875.632.06$31,446
Jul 202408,98979.932.15$19,296
Jun 20241779,09978.082.63$37,787
May 20241818,17278.812.20$32,230
Apr 20241858,62384.451.66$29,931
Mar 20241908,83980.301.55$28,914
Feb 20241898,59676.091.78$29,713
Jan 20241829,34573.023.30$44,106
Dec 20231829,19871.262.61$36,983
Nov 20231729,38877.892.81$39,754
Oct 20231809,68385.443.09$45,273
Sep 20231849,48589.042.74$42,325
Aug 20233819,86980.522.67$57,057
Jul 202309,80774.852.64$25,908
Jun 20231989,67268.962.26$35,498
May 202322010,27970.622.23$38,432
Apr 20232019,62678.122.24$37,243
Mar 202340710,17572.852.39$54,000
Feb 20231859,19675.112.47$36,570
Jan 202319410,74276.533.39$51,238
Dec 202218510,15376.415.73$72,303
Nov 202218610,58685.005.65$75,581
Oct 202237311,49987.185.86$99,946
Sep 202218410,97184.888.16$105,182
Aug 202218511,18294.529.13$119,546
Jul 202218610,777101.587.54$100,175
Jun 202215810,211115.097.98$99,639
May 202218211,422109.378.43$116,228
Apr 202236910,355104.226.84$109,261
Mar 202218010,885108.885.08$74,855
Feb 202218410,57491.054.86$68,131
Jan 202236712,27081.844.54$85,713
Dec 202118312,36271.323.90$61,252
Nov 202133012,26377.435.24$89,771
Oct 202114012,65079.795.71$83,451
Sep 20217812,11369.865.35$70,265
Aug 202115912,46566.024.22$63,107
Jul 20217912,67470.783.98$56,061
Jun 202115812,19569.493.38$52,206
May 20218012,70963.483.02$43,430
Apr 20217811,22260.362.76$35,663
Mar 202113111,31161.302.72$38,762
Feb 202112611,06157.805.55$68,649
Jan 202118811,27450.412.81$41,160
Dec 202020911,98144.642.68$41,384
Nov 202014212,11538.772.71$38,295
Oct 202014912,77336.972.48$37,166
Sep 202014612,62937.091.99$30,560
Aug 202020312,62339.982.39$38,223
Jul 202031112,50338.371.83$34,753
Jun 202021012,86734.901.69$29,078
May 202031513,28916.921.81$29,446
Apr 202028213,50914.751.80$28,535
Mar 202030314,05030.341.86$35,273
Feb 202028212,90749.881.98$39,631
Jan 202035814,08057.252.09$49,989
Dec 201954014,07959.012.30$64,308
Nov 201939213,95655.302.75$60,066
Oct 201947414,43953.472.42$60,266
Sep 201928414,12455.052.66$53,166
Aug 201944714,67253.112.30$57,550
Jul 201946514,65056.272.46$62,205
Jun 201938614,76552.782.49$57,156
May 201938815,18758.482.74$64,307
Apr 201943715,45762.632.75$69,887
Mar 201940915,10356.803.06$69,478
Feb 201934114,03250.852.79$56,520
Jan 201925116,27046.033.23$64,076
Dec 201811416,51946.594.19$74,451
Nov 201810115,94952.934.24$72,926
Oct 201813016,69461.443.40$64,715
Sep 20189916,82359.543.11$58,180
Aug 201811917,86959.403.07$61,865
Jul 20189018,10765.142.93$58,950
Jun 20187117,77560.183.08$58,965
May 20188818,62465.382.90$59,778
Apr 20186317,69663.842.90$55,354
Mar 20188618,62061.222.79$57,156
Feb 20187117,39361.782.77$52,498
Jan 20188019,37362.874.01$82,702
Dec 20178819,47457.272.92$61,933
Nov 20177120,54355.423.12$67,995
Oct 20179321,42049.292.98$68,494
Sep 20176920,95447.523.09$67,970
Aug 201711022,17445.373.00$71,610
Jul 201733722,14843.873.09$83,161
Jun 201738921,22542.493.09$82,056
May 201745222,53545.373.26$94,048
Apr 201748022,33047.933.21$94,721
Mar 201744723,19146.772.98$90,101
Feb 201746222,31850.452.95$89,204
Jan 201759426,85549.413.42$121,161
Dec 201665425,57648.763.72$127,104
Nov 201669021,45142.492.64$86,042
Oct 201666526,39246.193.09$112,274
Sep 201663026,28941.553.10$107,689
Aug 201669329,10041.442.92$113,816
Jul 201662930,19441.622.92$114,477
Jun 201679029,12045.352.69$114,038
May 201673432,43342.521.99$95,785
Apr 201688333,34336.561.99$98,670
Mar 201684236,22333.011.79$92,779
Feb 201692736,59026.472.06$100,046
Jan 201694436,07327.352.36$111,108
Dec 201590338,69032.362.00$106,656
Nov 20151,04339,76338.792.17$126,638
Oct 20151,24343,75343.552.43$160,303
Sep 20151,24843,72242.992.76$174,255
Aug 20151,29849,16440.162.87$193,351
Jul 20151,52953,17248.152.95$230,217
Jun 20151,54155,14256.152.88$245,494
May 20151,83262,63755.212.96$286,265
Apr 20151,91866,33949.822.71$275,106
Mar 20152,46175,12342.892.93$326,017
Feb 20152,50874,82244.662.98$334,692
Jan 20153,48891,65543.433.10$435,672
Dec 20143,86198,95954.693.59$566,555
Nov 20143,918108,69170.464.25$738,199
Oct 20143,939130,86378.303.90$818,915
Sep 20144,295135,87386.164.05$919,723
Aug 20145,239170,21689.394.04$1,155,156
Jul 20145,959178,06496.564.18$1,319,637
Jun 20145,768178,56598.164.74$1,412,028
May 20141,22624,29994.734.73$230,990

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           177 bbl  × $106.41 =    $18,835
Gas                7,476 Mcf  × $  3.05 =    $22,771

────────────────────────────────────────────────────
Month total                                  $41,605

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/272979 is the state's own key, not one this site invented.