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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 274763District 04Field 548954002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.0 M
Jun 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
144
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 Gas112016-12-29219876
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
CondensateDisposition61,760 bbl$3,999,683
GasProduction1,455,317 Mcf$4,954,653
Total$8,954,336

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 26.9091, -98.1910. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.90906, -98.19101 · 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
12,119 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 12,119 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-047325021612,119 ftJun 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 (144)

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

144 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 202204076.415.73$229
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 202205191.054.86$248
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 202004038.371.83$73
Jun 20200034.901.69$0
May 20203016.921.81$51
Apr 202052514.751.80$119
Mar 202014330.341.86$110
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 201902156.272.46$52
Jun 201901152.782.49$27
May 2019052758.482.74$1,444
Apr 2019258062.632.75$1,786
Mar 20193405256.803.06$19,471
Feb 20193364350.852.79$17,206
Jan 201934237346.033.23$16,946
Dec 201835839446.594.19$18,328
Nov 201831863052.934.24$19,501
Oct 20184091,44761.443.40$30,046
Sep 201831038459.543.11$19,651
Aug 201838238059.403.07$23,856
Jul 201831355165.142.93$22,004
Jun 201829046560.183.08$18,883
May 201835856565.382.90$25,045
Apr 201825667563.842.90$18,301
Mar 201835093761.222.79$24,038
Feb 201829118461.782.77$18,487
Jan 201832538162.874.01$21,960
Dec 201735739157.272.92$21,588
Nov 2017289155.423.12$16,020
Oct 20173791249.292.98$18,717
Sep 20172902547.523.09$13,858
Aug 20173684,68945.373.00$30,784
Jul 20174017,37443.873.09$40,357
Jun 201744315,83742.493.09$67,716
May 201751516,69845.373.26$77,858
Apr 201754717,02047.933.21$80,879
Mar 201751016,33146.772.98$72,579
Feb 201751815,13350.452.95$70,815
Jan 201761814,26249.413.42$79,294
Dec 201665114,94148.763.72$87,366
Nov 201668716,55642.492.64$72,970
Oct 201666219,22146.193.09$89,976
Sep 201662715,89941.553.10$75,349
Aug 201669016,54241.442.92$76,968
Jul 201659316,26941.622.92$72,257
Jun 201644015,90545.352.69$62,672
May 201632916,24742.521.99$46,338
Apr 201639615,84736.561.99$46,030
Mar 201637815,50433.011.79$40,292
Feb 201641613,50926.472.06$38,889
Jan 201643512,21327.352.36$40,773
Dec 201552910,06332.362.00$37,259
Nov 201562810,33738.792.17$46,764
Oct 201574931,58443.552.43$109,260
Sep 201575232,40042.992.76$121,701
Aug 201578437,10540.162.87$138,069
Jul 20151,01335,87348.152.95$154,425
Jun 20151,04342,33356.152.88$180,605
May 20151,24045,75455.212.96$203,684
Apr 20151,29851,19449.822.71$203,227
Mar 20151,66564,52442.892.93$260,771
Feb 20151,69957,74944.662.98$247,749
Jan 20152,43569,11143.433.10$320,040
Dec 20144,27376,07954.693.59$506,917
Nov 20144,33675,24570.464.25$625,444
Oct 20144,36090,25178.303.90$693,454
Sep 20144,75495,69586.164.05$796,733
Aug 20145,773124,31389.394.04$1,017,666
Jul 20145,717150,41596.564.18$1,180,708
Jun 20142,16150,56798.164.74$451,654

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.

Dec 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.41 =         $0
Gas                   40 Mcf  × $  5.73 =       $229

────────────────────────────────────────────────────
Month total                                     $229

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/274763 is the state's own key, not one this site invented.