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GLORIA G. LOPEZ

Operated by WADI OPERATING, LLC (P-5 100779) 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 277700District 04Field 548954002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
Jul 2015 – May 2026
Value, last 12 filed months
$224 k
at the published price for each month
Months reported
131
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 Gas112017-02-14219436
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
CondensateDisposition58,397 bbl$2,819,815
GasProduction2,275,552 Mcf$6,555,507
Total$9,375,322

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 26.9114, -98.1859. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.91144, -98.18589 · 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
12,400 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 12,400 ft.

Completions filed
Jul 2015
1 of 1 wells

1 well

42-04732515112,400 ftJul 2015——

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 (131)

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

131 months

May 202603,264106.413.05$9,942
Apr 202603,27698.932.87$9,401
Mar 20261805,92689.753.15$34,819
Feb 20261703,23663.503.75$22,931
Jan 202603,38459.138.00$27,065
Dec 20251753,26156.664.41$24,307
Nov 202503,20958.593.93$12,600
Oct 20251803,33459.383.30$21,707
Sep 202502,50262.743.08$7,698
Aug 20251803,14663.933.01$20,992
Jul 202503,26266.743.32$10,814
Jun 20251803,19266.483.13$21,953
May 202503,60760.553.23$11,659
Apr 20251803,48362.363.54$23,565
Mar 20251803,48867.704.27$27,074
Feb 202503,22370.884.34$13,991
Jan 20251703,42774.324.28$27,297
Dec 202403,73968.993.12$11,671
Nov 20241833,35169.052.20$20,003
Oct 20241803,72771.372.28$21,349
Sep 20241773,61969.612.36$20,878
Aug 202403,81575.632.06$7,873
Jul 20241803,84379.932.15$22,637
Jun 202403,96478.082.63$10,441
May 20241854,14578.812.20$23,692
Apr 202404,35784.451.66$7,229
Mar 20241804,42880.301.55$21,296
Feb 20241804,45276.091.78$21,637
Jan 202405,05773.023.30$16,676
Dec 20231806,10971.262.61$28,776
Nov 20231818,32477.892.81$37,468
Oct 20235468,04185.443.09$71,475
Sep 20231749,12589.042.74$40,450
Aug 202306180.522.67$163
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20231802,12078.122.24$18,806
Mar 202304,99972.852.39$11,963
Feb 20231804,91475.112.47$25,636
Jan 202305,13376.533.39$17,389
Dec 20223667,36176.415.73$70,138
Nov 202205,92885.005.65$33,471
Oct 20221807,72087.185.86$60,961
Sep 20223705,57484.888.16$76,910
Aug 202204,01294.529.13$36,618
Jul 202200101.587.54$0
Jun 20221836,822115.097.98$75,482
May 20221830109.378.43$20,015
Apr 20221832,168104.226.84$33,896
Mar 202207,518108.885.08$38,164
Feb 20221807,22291.054.86$51,480
Jan 20221838,50181.844.54$53,552
Dec 202109,23071.323.90$35,989
Nov 20211809,22177.435.24$62,226
Oct 202117910,04779.795.71$71,690
Sep 202117810,58569.865.35$69,075
Aug 202118011,81366.024.22$61,741
Jul 202118515,00570.783.98$72,845
Jun 202154513,33069.493.38$82,936
May 202136015,29563.483.02$69,008
Apr 202190925,30460.362.76$124,666
Mar 202107,66961.302.72$20,836
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 20200334.901.69$5
May 20200016.921.81$0
Apr 202001514.751.80$27
Mar 202018210,36430.341.86$24,760
Feb 20201859,54849.881.98$28,139
Jan 202018410,75757.252.09$33,067
Dec 201918711,38359.012.30$37,265
Nov 201919211,07655.302.75$41,084
Oct 201919010,36453.472.42$35,225
Sep 201938211,26255.052.66$50,955
Aug 201918711,56453.112.30$36,579
Jul 201918911,86856.272.46$39,831
Jun 201938111,81952.782.49$49,553
May 201919112,79958.482.74$46,243
Apr 201937311,91262.632.75$56,127
Mar 201919312,77956.803.06$50,093
Feb 201938312,36150.852.79$53,990
Jan 201918514,25446.033.23$54,530
Dec 201838614,00946.594.19$76,618
Nov 201838016,18052.934.24$88,672
Oct 201819310,56661.443.40$47,762
Sep 201818814,16759.543.11$55,225
Aug 201856616,78759.403.07$85,099
Jul 201837917,16765.142.93$75,020
Jun 201821617,77960.183.08$67,703
May 201855019,94465.382.90$93,813
Apr 201837321,01463.842.90$84,770
Mar 201834025,14661.222.79$90,893
Feb 201835724,84461.782.77$90,777
Jan 201868426,70062.874.01$150,052
Dec 201761427,99357.272.92$116,946
Nov 201799629,84355.423.12$148,260
Oct 201773532,00349.292.98$131,715
Sep 201756916,22247.523.09$77,121
Aug 20170045.373.00$0
Jul 201719215,33943.873.09$55,779
Jun 201775930,69242.493.09$127,005
May 20171,12534,59545.373.26$163,939
Apr 201775341,28247.933.21$168,673
Mar 201794340,80546.772.98$165,853
Feb 201776042,23650.452.95$163,048
Jan 201798849,49849.413.42$218,041
Dec 20161,51650,16448.763.72$260,672
Nov 20161,10345,89042.492.64$168,216
Oct 20161,11749,53646.193.09$204,673
Sep 201675333,19241.553.10$134,203
Aug 20161,51651,04741.442.92$212,102
Jul 20161,51260,15741.622.92$238,849
Jun 20161,70560,50245.352.69$239,820
May 20161,51962,26642.521.99$188,562
Apr 20161,90160,27736.561.99$189,514
Mar 20161,70452,92233.011.79$151,192
Feb 20162,04579,45626.472.06$218,099
Jan 20162,85793,66027.352.36$299,585
Dec 20152,86098,28732.362.00$289,262
Nov 20152,999100,70838.792.17$334,599
Oct 20153,182105,82143.552.43$395,359
Sep 20152,62184,68742.992.76$346,279
Aug 20152,01279,20240.162.87$308,309
Jul 201502,97148.152.95$8,750

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             0 bbl  × $106.41 =         $0
Gas                3,264 Mcf  × $  3.05 =     $9,942

────────────────────────────────────────────────────
Month total                                   $9,942

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/277700 is the state's own key, not one this site invented.