GARCIA, J.A.

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

Gas lease lease 128987District 04Field 315335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
401
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 137 leases and 137 wells, and the rule below applies to all of them.

Discovered
1986-04-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA TO REMAIN SUSPENDED.

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 Gas112003-06-23150532
NGPA2none

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
CondensateDisposition16,726 bbl$915,632
GasProduction692,821 Mcf$2,943,708
Total$3,859,340

105,672 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 26.3957, -98.5185. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.39569, -98.51848 · 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
11,224 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 11,224 ft.

Completions filed
Feb 2005
1 of 1 wells

1 well

42-42732271211,224 ftFeb 2005

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 (401)

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

401 months

May 20260751106.413.05$2,287
Apr 2026092598.932.87$2,654
Mar 2026098089.753.15$3,086
Feb 202601,04963.503.75$3,934
Jan 202601,04859.138.00$8,382
Dec 202501,05356.664.41$4,647
Nov 202501,10558.593.93$4,339
Oct 202501,04159.383.30$3,440
Sep 202501,11962.743.08$3,443
Aug 2025097863.933.01$2,948
Jul 202501,25666.743.32$4,164
Jun 202501,03866.483.13$3,248
May 202501,32660.553.23$4,286
Apr 202501,26962.363.54$4,496
Mar 202501,03667.704.27$4,422
Feb 202501,13870.884.34$4,940
Jan 202501,03574.324.28$4,428
Dec 202401,13668.993.12$3,546
Nov 202401,08969.052.20$2,394
Oct 202401,00971.372.28$2,302
Sep 202401,30169.612.36$3,076
Aug 202401,27175.632.06$2,623
Jul 202401,31279.932.15$2,816
Jun 202401,23678.082.63$3,256
May 202401,11778.812.20$2,456
Apr 202401,50884.451.66$2,502
Mar 202401,11780.301.55$1,726
Feb 202401,14876.091.78$2,048
Jan 2024093773.023.30$3,090
Dec 2023092571.262.61$2,415
Nov 202301,08177.892.81$3,035
Oct 2023069385.443.09$2,139
Sep 202301,08789.042.74$2,973
Aug 2023071180.522.67$1,900
Jul 2023094674.852.64$2,499
Jun 2023093468.962.26$2,109
May 2023080170.622.23$1,784
Apr 202301,13678.122.24$2,542
Mar 2023070972.852.39$1,697
Feb 2023092475.112.47$2,278
Jan 2023093076.533.39$3,151
Dec 2022076676.415.73$4,388
Nov 202201,00485.005.65$5,669
Oct 2022072087.185.86$4,222
Sep 2022090184.888.16$7,355
Aug 2022078794.529.13$7,183
Jul 20220812101.587.54$6,124
Jun 202201,002115.097.98$7,993
May 20220797109.378.43$6,721
Apr 20220815104.226.84$5,573
Mar 20220555108.885.08$2,817
Feb 2022075191.054.86$3,649
Jan 202201,14781.844.54$5,205
Dec 2021086571.323.90$3,373
Nov 202101,00177.435.24$5,242
Oct 2021083679.795.71$4,777
Sep 2021088669.865.35$4,741
Aug 202101,22966.024.22$5,187
Jul 2021096570.783.98$3,843
Jun 202101,19469.493.38$4,036
May 202101,12663.483.02$3,398
Apr 202101,07860.362.76$2,974
Mar 202101,16561.302.72$3,165
Feb 2021089657.805.55$4,971
Jan 202101,28050.412.81$3,597
Dec 2020095944.642.68$2,566
Nov 202001,17938.772.71$3,191
Oct 2020099536.972.48$2,466
Sep 202001,09637.091.99$2,182
Aug 202041,07939.982.39$2,733
Jul 202001,01138.371.83$1,845
Jun 202001,09034.901.69$1,842
May 2020093416.921.81$1,695
Apr 202001,21514.751.80$2,192
Mar 2020089330.341.86$1,658
Feb 202001,00049.881.98$1,981
Jan 202001,02557.252.09$2,147
Dec 201901,05659.012.30$2,433
Nov 201901,16055.302.75$3,191
Oct 201901,02553.472.42$2,479
Sep 201901,28755.052.66$3,420
Aug 2019091753.112.30$2,113
Jul 201901,13156.272.46$2,782
Jun 201901,05952.782.49$2,638
May 201901,20358.482.74$3,297
Apr 201901,13162.632.75$3,111
Mar 201901,05056.803.06$3,215
Feb 201901,12750.852.79$3,147
Jan 2019094846.033.23$3,060
Dec 201801,26646.594.19$5,299
Nov 201801,05052.934.24$4,449
Oct 201801,16961.443.40$3,972
Sep 201801,22859.543.11$3,817
Aug 2018097059.403.07$2,975
Jul 201801,21765.142.93$3,568
Jun 2018086060.183.08$2,646
May 201801,04065.382.90$3,017
Apr 201801,14863.842.90$3,330
Mar 2018074461.222.79$2,073
Feb 201801,06661.782.77$2,949
Jan 201801,14362.874.01$4,583
Dec 201701,20557.272.92$3,520
Nov 201701,17655.423.12$3,667
Oct 2017089049.292.98$2,655
Sep 201711,25847.523.09$3,931
Aug 201711,05745.373.00$3,221
Jul 201701,21143.873.09$3,739
Jun 201701,04642.493.09$3,229
May 2017096745.373.26$3,156
Apr 2017044247.933.21$1,420
Mar 201701,10246.772.98$3,288
Feb 201701,01850.452.95$3,006
Jan 2017077349.413.42$2,643
Dec 2016078548.763.72$2,922
Nov 2016055042.492.64$1,454
Oct 2016083146.193.09$2,568
Sep 2016064741.553.10$2,006
Aug 2016075541.442.92$2,208
Jul 2016073441.622.92$2,146
Jun 2016368545.352.69$1,976
May 2016578342.521.99$1,772
Apr 2016667936.561.99$1,571
Mar 2016683333.011.79$1,692
Feb 2016360826.472.06$1,334
Jan 2016583427.352.36$2,109
Dec 2015070932.362.00$1,419
Nov 2015078338.792.17$1,697
Oct 2015076643.552.43$1,859
Sep 2015074942.992.76$2,066
Aug 2015079940.162.87$2,295
Jul 2015070248.152.95$2,067
Jun 2015068356.152.88$1,969
May 2015066955.212.96$1,977
Apr 2015083549.822.71$2,260
Mar 20151972742.892.93$2,948
Feb 20151981444.662.98$3,271
Jan 20153083343.433.10$3,886
Dec 20143490354.693.59$5,102
Nov 2014082470.464.25$3,504
Oct 2014087978.303.90$3,429
Sep 2014089586.164.05$3,621
Aug 2014093489.394.04$3,769
Jul 2014093596.564.18$3,908
Jun 2014088698.164.74$4,197
May 2014088094.734.73$4,159
Apr 20141795895.944.81$6,238
Mar 20143273495.895.06$6,780
Feb 2014077997.406.19$4,824
Jan 2014050090.404.86$2,430
Dec 2013075991.824.35$3,305
Nov 2013086188.853.74$3,219
Oct 2013083197.423.78$3,141
Sep 20130904104.113.72$3,361
Aug 20130719104.253.52$2,533
Jul 201375744102.523.72$10,455
Jun 20137380194.403.93$10,042
May 2013491,00994.834.15$8,833
Apr 20136880093.964.28$9,815
Mar 20137197193.623.91$10,446
Feb 20134879891.233.42$7,108
Jan 20134127791.603.42$4,703
Dec 20124886286.773.42$7,113
Nov 20123485986.953.62$6,070
Oct 20124074989.383.40$6,122
Sep 20122470694.672.92$4,332
Aug 201219777792.662.91$20,514
Jul 20121981,04985.133.02$20,025
Jun 201219636079.822.52$16,552
May 201216476191.612.49$16,918
Apr 201297644101.652.00$11,146
Mar 2012135624105.052.22$15,568
Feb 201296662101.102.57$11,407
Jan 201213871198.092.73$15,480
Dec 201113379596.873.24$15,459
Nov 20118969895.723.31$10,830
Oct 20119878884.983.65$11,203
Sep 201111667383.623.99$12,382
Aug 201113178483.404.15$14,178
Jul 201114573294.144.52$16,957
Jun 201115678692.904.64$18,139
May 201116574898.134.40$19,486
Apr 2011140801105.964.33$18,305
Mar 201120075696.364.06$22,339
Feb 201120679585.644.18$20,965
Jan 201122675686.504.59$23,018
Dec 201018087785.734.35$19,244
Nov 201016273780.843.80$15,893
Oct 201018779678.103.51$17,398
Sep 201010864472.633.98$10,407
Aug 201016576973.684.42$15,556
Jul 201019265772.554.74$17,041
Jun 201010570270.364.91$10,835
May 201017969271.124.24$15,661
Apr 201017375981.694.12$17,261
Mar 201025868078.394.39$23,209
Feb 201029570573.585.44$25,543
Jan 201040274274.365.96$34,318
Dec 200931685771.445.48$27,275
Nov 200919973574.593.75$17,601
Oct 20094168372.544.11$5,781
Sep 2009783365.543.06$3,012
Aug 2009442267.423.22$1,628
Jul 200981,01361.133.46$3,999
Jun 2009433266.163.90$1,558
May 2009685754.743.93$3,693
Apr 200991,20846.773.59$4,755
Mar 2009171,41242.144.06$6,448
Feb 2009181,36332.814.63$6,905
Jan 2009201,28735.865.37$7,630
Dec 2008191,26337.105.98$8,254
Nov 2008631,00055.496.86$10,356
Oct 20081511,24475.246.92$19,972
Sep 20082604,205101.767.88$59,581
Aug 20081955,739114.228.48$70,957
Jul 2008552,678131.0811.39$37,710
Jun 2008521,295131.3313.03$23,706
May 2008601,238123.1711.57$21,719
Apr 200862382110.3110.45$10,833
Mar 200868822101.909.66$14,873
Feb 2008731,07192.538.77$16,148
Jan 2008981,07590.388.21$17,678
Dec 2007901,10588.337.30$16,018
Nov 2007591,31791.677.29$15,012
Oct 20073464382.856.92$7,268
Sep 2007391,08075.846.24$9,701
Aug 2007461,33269.066.39$11,686
Jul 2007511,47170.906.39$13,013
Jun 2007891,63462.007.55$17,852
May 2007581,67458.747.85$16,542
Apr 2007641,73059.617.81$17,318
Mar 2007741,83156.927.30$17,582
Feb 2007581,83455.108.22$18,264
Jan 2007851,96250.306.73$17,474
Dec 2006931,94956.656.92$18,752
Nov 2006663,41254.207.62$29,568
Oct 2006598,17154.906.01$52,378
Sep 2006477,66960.085.04$41,454
Aug 2006388,23368.717.34$63,041
Jul 2006285,49069.376.34$36,764
Jun 2006233,06466.286.38$21,085
May 2006232,80966.016.42$19,566
Apr 2006122,94364.397.36$22,435
Mar 200623,16056.707.08$22,495
Feb 2006122,80657.597.75$22,441
Jan 2006273,60860.598.93$33,867
Dec 2005393,87354.9413.42$54,101
Nov 2005373,99754.6910.59$44,345
Oct 2005155,07758.3413.80$70,916
Sep 2005164,24561.4512.08$52,259
Aug 2005124,18161.519.80$41,699
Jul 2005164,19255.697.84$33,772
Jun 2005235,42252.337.38$41,224
May 2005287,26445.226.65$49,580
Apr 2005459,95449.207.36$75,480
Mar 20056212,44450.377.15$92,158
Feb 20055916,04745.226.31$103,955
Jan 20051713,08143.166.32$83,434
Dec 2004184,39639.866.75$30,395
Nov 2004115,26145.286.33$33,802
Oct 200488,89349.706.52$58,336
Sep 20049415,55043.245.28$86,229
Aug 2004899,41742.375.55$56,042
Jul 200409038.286.08$548
Jun 200401,88636.106.43$12,133
May 200401,06937.486.49$6,943
Apr 2004151134.475.86$3,028
Mar 200426634.365.53$434
Feb 2004617732.455.51$1,170
Jan 2004767632.036.30$4,483
Dec 2003979230.266.30$5,263
Nov 2003211,71128.804.60$8,467
Oct 2003252,30528.174.76$11,675
Sep 2003272,53126.314.75$12,731
Aug 2003243,00329.765.13$16,119
Jul 2003183,40429.415.17$18,131
Jun 2003344,05228.565.98$25,214
May 2003514,37826.595.97$27,504
Apr 2003625,46926.675.41$31,226
Mar 2003274,25431.146.10$26,773
Feb 2003121,48533.487.93$12,172
Jan 20031380630.315.58$4,893
Dec 20021556726.914.85$3,156
Nov 20021553224.664.14$2,571
Oct 2002765326.464.23$2,947
Sep 2002876627.443.64$3,004
Aug 20021090925.963.16$3,136
Jul 20021390724.583.06$3,097
Jun 2002101,26823.733.34$4,470
May 2002151,69824.663.58$6,456
Apr 2002161,52423.653.51$5,731
Mar 2002151,47522.003.10$4,907
Feb 2002121,26418.222.38$3,222
Jan 2002131,50817.172.38$3,806
Dec 2001121,17816.932.36$2,988
Nov 2001101,40418.072.41$3,558
Oct 2001101,81219.782.53$4,780
Sep 2001101,57924.262.25$3,797
Aug 2001111,79224.873.05$5,745
Jul 2001101,67623.933.20$5,598
Jun 2001101,76924.563.82$7,011
May 2001121,89225.524.31$8,456
Apr 2001171,71724.685.34$9,580
Mar 2001211,75424.545.38$9,946
Feb 2001241,61227.755.77$9,963
Jan 2001191,80127.478.40$15,648
Dec 2000171,80726.889.12$16,941
Nov 2000141,77932.215.66$10,517
Oct 2000151,72231.235.15$9,329
Sep 2000181,63531.875.19$9,054
Aug 2000211,68929.644.54$8,292
Jul 2000201,73528.534.09$7,666
Jun 2000171,67529.304.40$7,863
May 2000181,68727.263.68$6,698
Apr 200081,64824.513.12$5,331
Mar 200071,71128.422.86$5,092
Feb 200071,59227.622.73$4,534
Jan 200071,67525.272.48$4,332
Dec 199961,70324.282.42$4,273
Nov 199971,48023.192.43$3,765
Oct 199981,98820.982.80$5,742
Sep 199982,01021.752.62$5,438
Aug 199992,02419.262.88$5,994
Jul 199992,01117.892.37$4,932
Jun 199982,01315.942.36$4,882
May 1999122,12915.792.32$5,131
Apr 1999242,03015.102.21$4,845
Mar 1999252,04012.471.84$4,062
Feb 1999271,8859.981.82$3,696
Jan 1999262,07210.381.90$4,207
Dec 1998252,1249.201.77$3,997
Nov 1998242,05210.892.19$4,746
Oct 1998222,16112.421.97$4,529
Sep 1998192,24612.592.08$4,917
Aug 1998182,39211.301.91$4,766
Jul 1998202,42111.742.24$5,651
Jun 1998212,45111.242.24$5,720
May 1998192,53912.622.21$5,842
Apr 1998202,18313.042.51$5,730
Mar 1998242,51012.802.31$6,104
Feb 1998252,27013.952.30$5,568
Jan 1998302,60014.702.15$6,043
Dec 1997322,69316.322.41$7,015
Nov 1997132,87018.193.09$9,100
Oct 199703,38419.253.15$10,659
Sep 199702,36617.742.95$6,991
Aug 199702,15817.862.55$5,513
Jul 199702,22417.582.25$4,997
Jun 199702,20917.242.26$4,986
May 199732,16818.972.31$5,062
Apr 199732,41617.882.08$5,086
Mar 199721,49918.951.94$2,945
Feb 199741,09620.492.21$2,500
Jan 199771,01123.483.54$3,743
Dec 1996211,68823.32$490
Nov 19961043,38421.97$2,285
Oct 19961555,16323.31$3,613
Sep 19961791,95422.22$3,977
Aug 199620879620.26$4,214
Jul 1996931,12319.55$1,818
Jun 19961422,35718.73$2,660
May 19962411,48919.43$4,683
Apr 199620786121.51$4,453
Mar 19963001,85719.38$5,814
Feb 199620797516.98$3,515
Jan 19962691,73017.07$4,592
Dec 19951531,80817.19$2,630
Nov 19952541,13716.00$4,064
Oct 19953131,77615.43$4,830
Sep 19952961,96416.18$4,789
Aug 19951351,69715.92$2,149
Jul 19952111,13915.24$3,216
Jun 1995341,97816.41$558
May 199502,48617.56$0
Apr 199521,94917.73$35
Mar 1995163,21916.44$263
Feb 1995292,33616.58$481
Jan 1995701,50015.92$1,114
Dec 1994593,92115.03$887
Nov 19944814215.90$763
Oct 1994761,12415.58$1,184
Sep 1994692,05815.29$1,055
Aug 1994742,12616.13$1,194
Jul 1994842,12017.56$1,475
Jun 19941172,55417.09$2,000
May 19942004,07115.88$3,176
Apr 19942866,01114.14$4,044
Mar 19942842,73612.46$3,539
Feb 19941162,94612.50$1,450
Jan 1994744,71212.66$937
Dec 1993545,24512.33$666
Nov 1993872,92914.49$1,261
Oct 1993393,42415.85$618
Sep 1993261,64115.03$391
Aug 1993311,08815.66$485
Jul 1993472,07315.46$727
Jun 19932976316.79$487
May 1993161,74317.68$283
Apr 1993251,89818.05$451
Mar 19932194918.14$381
Feb 1993351,43517.90$627
Jan 19931081,59716.93$1,828

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                  751 Mcf  × $  3.05 =     $2,287

────────────────────────────────────────────────────
Month total                                   $2,287

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/128987 is the state's own key, not one this site invented.