LOVELL-SHWAB

Operated by MOUNTAIN V TEXAS, LLC (P-5 103601) in the BONUS, SW. (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 184064District 03Field 105197502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
May 2001 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
301
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 62 leases and 62 wells, and the rule below applies to all of them.

Discovered
1998-08-24
as the register files it
Field class
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 40 acres. The field rule took effect on 1998-12-03.

The Commission's schedule remark for this field reads: PERMANENTLY CLASSIFIED AS GAS WELLS.

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 Gas112001-10-04144617
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
CondensateDisposition93,670 bbl$3,605,213
GasProduction533,155 Mcf$2,563,982
Total$6,169,194

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 29.4375, -96.2262. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.43751, -96.22622 · 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
13,000 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 13,000 ft.

Completions filed
May 2001
1 of 1 wells

1 well

42-48134332113,000 ftMay 2001

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 (301)

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

301 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 202407969.052.20$174
Oct 20241111171.372.28$1,038
Sep 2024015869.612.36$374
Aug 202408775.632.06$180
Jul 202406279.932.15$133
Jun 20240078.082.63$0
May 202406978.812.20$152
Apr 202409584.451.66$158
Mar 202406180.301.55$94
Feb 202407976.091.78$141
Jan 2024397573.023.30$3,095
Dec 202308771.262.61$227
Nov 202308977.892.81$250
Oct 20233110685.443.09$2,976
Sep 202308089.042.74$219
Aug 20230080.522.67$0
Jul 202335074.852.64$2,620
Jun 202301968.962.26$43
May 2023274770.622.23$2,011
Apr 202302378.122.24$51
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023223576.533.39$1,802
Dec 202205176.415.73$292
Nov 202204585.005.65$254
Oct 20220087.185.86$0
Sep 2022497384.888.16$4,755
Aug 202202594.529.13$228
Jul 20223168101.587.54$3,662
Jun 2022031115.097.98$247
May 2022023109.378.43$194
Apr 20221826104.226.84$2,054
Mar 2022044108.885.08$223
Feb 202202491.054.86$117
Jan 2022224981.844.54$2,023
Dec 202101971.323.90$74
Nov 202104177.435.24$215
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 20218519163.483.02$5,972
Apr 20218326360.362.76$5,735
Mar 2021021161.302.72$573
Feb 202159157.805.55$794
Jan 2021010850.412.81$304
Dec 202005744.642.68$153
Nov 20200038.772.71$0
Oct 202002836.972.48$69
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
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 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 201116096.364.06$1,542
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201010072.633.98$726
Aug 20100073.684.42$0
Jul 20101301,08172.554.74$14,552
Jun 20102532,14270.364.91$28,319
May 20102822,20271.124.24$29,382
Apr 20103042,53481.694.12$35,281
Mar 2010381,16378.394.39$8,083
Feb 2010022173.585.44$1,203
Jan 20103422474.365.96$3,864
Dec 200912691871.445.48$14,036
Nov 20093012,54574.593.75$31,999
Oct 20092722,49372.544.11$29,978
Sep 20092902,35565.543.06$26,224
Aug 20093792,74167.423.22$34,374
Jul 20093233,03561.133.46$30,260
Jun 20092452,64466.163.90$26,508
May 20092773,04054.743.93$27,097
Apr 20092702,68946.773.59$22,275
Mar 20093192,16842.144.06$22,243
Feb 20092032,22432.814.63$16,964
Jan 20093793,10135.865.37$30,246
Dec 20083722,89937.105.98$31,129
Nov 20083782,41455.496.86$37,536
Oct 20085333,39075.246.92$63,568
Sep 20083162,234101.767.88$49,754
Aug 20085302,552114.228.48$82,185
Jul 20085172,531131.0811.39$96,595
Jun 20084442,370131.3313.03$89,198
May 20085752,366123.1711.57$98,208
Apr 20087382,019110.3110.45$102,517
Mar 20083692,035101.909.66$57,267
Feb 20084071,94092.538.77$54,675
Jan 20084322,03390.388.21$55,726
Dec 20075181,91588.337.30$59,738
Nov 20073951,90091.677.29$50,064
Oct 20075263,02282.856.92$64,497
Sep 20071491,32075.846.24$19,542
Aug 20072881,48769.066.39$29,388
Jul 20074933,00970.906.39$54,175
Jun 20074173,03962.007.55$48,794
May 20073943,13958.747.85$47,773
Apr 20074993,23059.617.81$54,956
Mar 20075353,65256.927.30$57,119
Feb 20073403,78655.108.22$49,840
Jan 20072362,21950.306.73$26,798
Dec 20064743,10256.656.92$48,313
Nov 20062102,31954.207.62$29,047
Oct 20064423,39154.906.01$44,659
Sep 20064153,36160.085.04$41,863
Aug 20065032,92968.717.34$56,060
Jul 20066263,26069.376.34$64,103
Jun 20064322,53866.286.38$44,835
May 20068893,19366.016.42$79,198
Apr 20066143,97464.397.36$68,786
Mar 20068133,28056.707.08$69,329
Feb 20065413,01657.597.75$54,534
Jan 20065433,42160.598.93$63,461
Dec 20053533,10054.9413.42$60,982
Nov 20055663,53154.6910.59$68,342
Oct 20055033,79958.3413.80$81,755
Sep 20055873,33461.4512.08$76,343
Aug 20055773,89361.519.80$73,630
Jul 20055323,85555.697.84$59,864
Jun 20056923,79552.337.38$64,223
May 20057033,92945.226.65$57,922
Apr 20058304,02549.207.36$70,462
Mar 20058283,80850.377.15$68,952
Feb 20059103,09145.226.31$60,660
Jan 20051,0574,80743.166.32$76,011
Dec 20041,0386,22039.866.75$83,366
Nov 200422545.286.33$249
Oct 20041063,29249.706.52$26,716
Sep 20045505,05643.245.28$50,497
Aug 20041,3297,90342.375.55$100,177
Jul 20049615,49738.286.08$70,232
Jun 20047794,30536.106.43$55,816
May 20040037.486.49$0
Apr 20043017234.475.86$2,042
Mar 20046572234.365.53$6,226
Feb 20041591,07732.455.51$11,093
Jan 20041851,13332.036.30$13,063
Dec 20035601,90430.266.30$28,944
Nov 20036662,82528.804.60$32,162
Oct 20038243,59728.174.76$40,333
Sep 20037134,16726.314.75$38,550
Aug 20037264,62429.765.13$45,326
Jul 20036122,14529.415.17$29,090
Jun 20036453,69028.565.98$40,498
May 20034074,01526.595.97$34,802
Apr 20036983,95726.675.41$40,012
Mar 20037874,71331.146.10$53,238
Feb 20037174,48033.487.93$59,513
Jan 20031,1556,02730.315.58$68,651
Dec 20026335,03126.914.85$41,453
Nov 20021,0425,38324.664.14$47,965
Oct 20021,1915,66326.464.23$55,463
Sep 20021,2836,60527.443.64$59,216
Aug 20021,7088,24325.963.16$70,422
Jul 20021,1727,97924.583.06$53,238
Jun 20022,0678,35623.733.34$76,944
May 20022,0507,91924.663.58$78,935
Apr 20022,46010,51123.653.51$95,097
Mar 20023,40513,22222.003.10$115,934
Feb 20023,02613,82118.222.38$87,968
Jan 20023,10315,46717.172.38$90,023
Dec 20012,59214,75216.932.36$78,762
Nov 20012,99718,68818.072.41$99,110
Oct 20013,33835,28419.782.53$155,255
Sep 20015,58133,65724.262.25$211,168
Aug 200112,35252,56424.873.05$467,681
Jul 2001691723.933.20$3,075
Jun 200101,44024.563.82$5,507
May 2001050525.524.31$2,175

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 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.05 =         $0
Gas                   79 Mcf  × $  2.20 =       $174

────────────────────────────────────────────────────
Month total                                     $174

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. 03/G/184064 is the state's own key, not one this site invented.