LOPEZ, HECTOR

Operated by WYNN-CROSBY ENERGY, INC. (P-5 945580) in the LOPEZ RANCH (VKSBG 10900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 95234District 04Field 54895680NGPA filingCondensateGasSaveExport
Value, all time
$135 k
Jan 1993 – Dec 1998
Value, last 12 filed months
$50 k
at the published price for each month
Months reported
72
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1980-08-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: AOF TO ONE WELL EFF 10-1-93

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
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
CondensateDisposition4,247 bbl$60,699
GasProduction115,880 Mcf$74,039
Total$134,738

84,717 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 26.8912, -98.1787. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.89125, -98.17865 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,600 ft
1 wells filed one
Completion to plug
26.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 12,600 ft.

Completions filed
Aug 1981
1 of 1 wells
Plug dates filed
Oct 2007
1 of 1 wells

Last completion to plug: a median of 26.2 years across the 1 well that filed both dates, with the middle half between 26.2 years and 26.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04730912312,600 ftAug 1981Oct 2007Yes

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 (72)

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

72 months

Dec 1998009.201.77$0
Nov 19982481,35610.892.19$5,665
Oct 1998511,99112.421.97$4,554
Sep 19982061,31212.592.08$5,326
Aug 19982731,58611.301.91$6,110
Jul 19983572,58411.742.24$9,972
Jun 19981641,09911.242.24$4,302
May 19989157612.622.21$2,419
Apr 199821,03613.042.51$2,622
Mar 199821,27512.802.31$2,970
Feb 1998299313.952.30$2,311
Jan 199841,72014.702.15$3,765
Dec 199741,95916.322.41$4,789
Nov 1997267318.193.09$2,115
Oct 199741,77019.253.15$5,652
Sep 199721,10617.742.95$3,304
Aug 199701,50717.862.55$3,850
Jul 199703,30417.582.25$7,424
Jun 1997034717.242.26$783
May 1997036718.972.31$847
Apr 1997091017.882.08$1,895
Mar 199741,04118.951.94$2,094
Feb 199741,11720.492.21$2,546
Jan 199741,53423.483.54$5,524
Dec 199641,22823.32$93
Nov 199641,00521.97$88
Oct 199651,39123.31$117
Sep 199631,10422.22$67
Aug 1996383020.26$61
Jul 199641,95919.55$78
Jun 199641,84018.73$75
May 199631,35319.43$58
Apr 199641,33921.51$86
Mar 199681,40119.38$155
Feb 1996101,48316.98$170
Jan 1996121,92517.07$205
Dec 199571,12517.19$120
Nov 199571,33616.00$112
Oct 1995353615.43$46
Sep 199592,20116.18$146
Aug 1995122,62515.92$191
Jul 199561,21015.24$91
Jun 199561,29816.41$98
May 199592,09517.56$158
Apr 199571,45417.73$124
Mar 1995741,54516.44$1,217
Feb 1995851,75016.58$1,409
Jan 1995861,77015.92$1,369
Dec 1994941,77615.03$1,413
Nov 19941062,14615.90$1,685
Oct 1994991,83415.58$1,542
Sep 199402,32615.29$0
Aug 199402,06316.13$0
Jul 199402,52017.56$0
Jun 199402,13217.09$0
May 199402,40215.88$0
Apr 199402,37114.14$0
Mar 199402,42712.46$0
Feb 199441,81712.50$50
Jan 19941332,44912.66$1,684
Dec 19931822,63712.33$2,244
Nov 19933623,00614.49$5,245
Oct 19932251,80115.85$3,566
Sep 19932391,58215.03$3,592
Aug 19935172,55515.66$8,096
Jul 19935469915.46$835
Jun 1993491,88516.79$823
May 1993551,96417.68$972
Apr 1993521,09418.05$939
Mar 1993582,01518.14$1,052
Feb 19931211,67617.90$2,166
Jan 1993981,73716.93$1,659

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.

Nov 1998 — as filed, then multipliedworked
Condensate           248 bbl  × $ 10.89 =     $2,701
Gas                1,356 Mcf  × $  2.19 =     $2,964

────────────────────────────────────────────────────
Month total                                   $5,665

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/95234 is the state's own key, not one this site invented.