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 279600District 04Field 548954002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Feb 2016 – May 2026
Value, last 12 filed months
$126 k
at the published price for each month
Months reported
124
no gaps in the span
Streams
2
condensate, gas

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 Gas112016-10-21218789
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
CondensateDisposition36,109 bbl$1,873,486
GasProduction761,254 Mcf$2,258,059
Total$4,131,545

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 26.9127, -98.1929. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.91273, -98.19286 · 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
11,400 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 11,400 ft.

Completions filed
Feb 2016
1 of 1 wells

1 well

42-04732519211,400 ftFeb 2016

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 (124)

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

124 months

May 202601,693106.413.05$5,157
Apr 20261831,48098.932.87$22,351
Mar 202602,98289.753.15$9,392
Feb 202601,67463.503.75$6,278
Jan 20261821,79959.138.00$25,150
Dec 202501,66856.664.41$7,361
Nov 202501,67258.593.93$6,565
Oct 20251821,47159.383.30$15,669
Sep 202501,01762.743.08$3,129
Aug 20251811,41363.933.01$15,831
Jul 202501,51866.743.32$5,032
Jun 202501,40566.483.13$4,396
May 20251811,72360.553.23$16,529
Apr 202501,48462.363.54$5,258
Mar 20251771,38767.704.27$17,903
Feb 202501,27870.884.34$5,548
Jan 20251801,38674.324.28$19,308
Dec 202401,49368.993.12$4,660
Nov 20241811,41069.052.20$15,598
Oct 20241851,49571.372.28$16,614
Sep 202401,36269.612.36$3,220
Aug 202401,06275.632.06$2,192
Jul 20241791,19579.932.15$16,873
Jun 202401,33078.082.63$3,503
May 20241811,66878.812.20$17,932
Apr 202401,77084.451.66$2,937
Mar 20241771,68780.301.55$16,820
Feb 202401,55676.091.78$2,775
Jan 20243682,08573.023.30$33,747
Dec 202302,17371.262.61$5,673
Nov 20231773,09977.892.81$22,487
Oct 20231772,66885.443.09$23,360
Sep 20231805,44389.042.74$30,914
Aug 2023012080.522.67$321
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202318074778.122.24$15,733
Mar 202301,84472.852.39$4,413
Feb 20231811,77575.112.47$17,971
Jan 202301,31976.533.39$4,468
Dec 20221851,77776.415.73$24,316
Nov 202203,74385.005.65$21,134
Oct 20221803,27187.185.86$34,873
Sep 20221812,00184.888.16$31,699
Aug 202203,22094.529.13$29,389
Jul 202200101.587.54$0
Jun 20221723,766115.097.98$49,838
May 20220135109.378.43$1,138
Apr 202201,578104.226.84$10,790
Mar 20221862,371108.885.08$32,288
Feb 202202,16291.054.86$10,505
Jan 20221762,51881.844.54$25,830
Dec 202102,64771.323.90$10,321
Nov 20211782,72277.435.24$28,037
Oct 202103,02279.795.71$17,267
Sep 20211804,03469.865.35$34,160
Aug 20211793,47166.024.22$26,467
Jul 20211786,40570.783.98$38,104
Jun 20211775,35169.493.38$30,389
May 20213696,14163.483.02$41,956
Apr 20211,26222,38060.362.76$137,908
Mar 202103,04561.302.72$8,273
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 20200634.901.69$10
May 20200016.921.81$0
Apr 20200714.751.80$13
Mar 20201705,04730.341.86$14,526
Feb 20201915,14349.881.98$19,714
Jan 20203675,32957.252.09$32,174
Dec 20191825,74959.012.30$23,988
Nov 20191845,65455.302.75$25,728
Oct 20191904,67053.472.42$21,454
Sep 20191895,15355.052.66$24,097
Aug 20191865,18553.112.30$21,827
Jul 20193775,23356.272.46$34,087
Jun 20191895,14852.782.49$22,800
May 20191975,51358.482.74$26,628
Apr 20193795,22562.632.75$38,109
Mar 20191935,58856.803.06$28,073
Feb 20191925,30250.852.79$24,568
Jan 20193906,25146.033.23$38,131
Dec 20181935,26846.594.19$31,041
Nov 20183896,32952.934.24$47,407
Oct 20181896,09161.443.40$32,310
Sep 20181946,40059.543.11$31,442
Aug 20183817,62759.403.07$46,020
Jul 20181898,38465.142.93$36,892
Jun 20183588,58760.183.08$47,966
May 20184019,22965.382.90$52,989
Apr 20181917,38363.842.90$33,610
Mar 20184209,31061.222.79$51,658
Feb 20186038,63061.782.77$61,125
Jan 2018839,96062.874.01$45,151
Dec 201752611,32757.272.92$63,216
Nov 201769612,22755.423.12$76,701
Oct 201757414,16949.292.98$70,568
Sep 20175708,57347.523.09$53,554
Aug 20170045.373.00$0
Jul 20171835,39143.873.09$24,672
Jun 201738210,98642.493.09$50,148
May 201756212,04745.373.26$64,812
Apr 201755513,15547.933.21$68,850
Mar 201756915,47946.772.98$72,797
Feb 201775414,72950.452.95$81,528
Jan 201770418,63049.413.42$98,477
Dec 20161,13921,38448.763.72$135,147
Nov 201676314,93342.492.64$71,908
Oct 20161,27919,71146.193.09$119,989
Sep 201674415,56741.553.10$79,181
Aug 20161,32324,47141.442.92$126,387
Jul 20161,50826,64841.622.92$140,691
Jun 20161,50932,78645.352.69$156,491
May 20162,44442,72542.521.99$188,986
Apr 20163,03853,19936.561.99$216,991
Mar 20162,08544,60033.011.79$148,839
Feb 201605,00526.472.06$10,328

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                1,693 Mcf  × $  3.05 =     $5,157

────────────────────────────────────────────────────
Month total                                   $5,157

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/279600 is the state's own key, not one this site invented.