BILLINGS B

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

Gas lease lease 190231District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.4 M
Jul 2002 – May 2026
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
287
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 151 leases and 151 wells, and the rule below applies to all of them.

Discovered
1983-10-25
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2006-08-08.

The Commission's schedule remark for this field reads: PER DOCKET #04-0260608 TAKE POINTS ADDED FOR HORIZONTAL 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 Gas112003-08-25152773
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
CondensateDisposition6,278 bbl$350,797
GasProduction3,654,963 Mcf$19,051,676
Total$19,402,472

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 27.6448, -98.8297. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64484, -98.82966 · 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
11,800 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 11,800 ft.

Completions filed
Jul 2002
1 of 1 wells

1 well

42-47938117411,800 ftJul 2002

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 (287)

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

287 months

May 202632,240106.413.05$7,142
Apr 202662,09998.932.87$6,617
Mar 202661,70189.753.15$5,896
Feb 202631,85363.503.75$7,140
Jan 202661,94859.138.00$15,935
Dec 202591,94556.664.41$9,094
Nov 202561,83858.593.93$7,568
Oct 202561,73559.383.30$6,090
Sep 202531,59862.743.08$5,105
Aug 202521,88663.933.01$5,814
Jul 202511,94866.743.32$6,525
Jun 202511,75066.483.13$5,542
May 202521,95860.553.23$6,450
Apr 202511,97962.363.54$7,074
Mar 202511,90267.704.27$8,186
Feb 202522,07170.884.34$9,132
Jan 202511,89574.324.28$8,182
Dec 202421,72368.993.12$5,516
Nov 202421,54769.052.20$3,539
Oct 202412,14871.372.28$4,972
Sep 202421,31769.612.36$3,253
Aug 2024032975.632.06$679
Jul 2024156679.932.15$1,295
Jun 2024143978.082.63$1,234
May 2024164578.812.20$1,497
Apr 2024157284.451.66$1,034
Mar 2024183680.301.55$1,372
Feb 2024157876.091.78$1,107
Jan 2024175973.023.30$2,576
Dec 202311,10971.262.61$2,967
Nov 2023128377.892.81$872
Oct 202331,25185.443.09$4,119
Sep 202331,61889.042.74$4,692
Aug 202333,13180.522.67$8,610
Jul 202314,85274.852.64$12,893
Jun 202315,05868.962.26$11,492
May 202341,75370.622.23$4,187
Apr 202331,32678.122.24$3,202
Mar 202331,60072.852.39$4,048
Feb 202341,37975.112.47$3,701
Jan 202311,92776.533.39$6,605
Dec 202261,63076.415.73$9,797
Nov 202241,42285.005.65$8,369
Oct 202231,69887.185.86$10,218
Sep 202231,45984.888.16$12,165
Aug 202231,43194.529.13$13,345
Jul 202231,669101.587.54$12,892
Jun 202231,228115.097.98$10,141
May 202261,460109.378.43$12,968
Apr 202212,206104.226.84$15,188
Mar 202234,839108.885.08$24,891
Feb 202262,16491.054.86$11,061
Jan 2022340181.844.54$2,065
Dec 202131,38871.323.90$5,626
Nov 202112,47477.435.24$13,033
Oct 202141,12679.795.71$6,753
Sep 202141,18069.865.35$6,594
Aug 202131,09166.024.22$4,803
Jul 2021386170.783.98$3,641
Jun 202141,68569.493.38$5,974
May 2021382163.483.02$2,668
Apr 2021379360.362.76$2,369
Mar 202111,23261.302.72$3,409
Feb 202141,22357.805.55$7,016
Jan 202132,57750.412.81$7,393
Dec 202034,63144.642.68$12,524
Nov 202064,08638.772.71$11,292
Oct 202031,60936.972.48$4,099
Sep 202011,84837.091.99$3,717
Aug 202041,85439.982.39$4,582
Jul 202041,45538.371.83$2,809
Jun 202042,48634.901.69$4,342
May 202014,93416.921.81$8,971
Apr 202032,27414.751.80$4,147
Mar 202012,46430.341.86$4,604
Feb 202032,44949.881.98$5,000
Jan 202045,71257.252.09$12,194
Dec 201942,68059.012.30$6,412
Nov 201915,76355.302.75$15,908
Oct 201941,77153.472.42$4,497
Sep 201942,31455.052.66$6,369
Aug 201936,01853.112.30$14,027
Jul 201924,91056.272.46$12,191
Jun 201932,38952.782.49$6,110
May 201941,50758.482.74$4,364
Apr 201931,90862.632.75$5,436
Mar 201931,03856.803.06$3,349
Feb 201931,09950.852.79$3,221
Jan 201992,05146.033.23$7,035
Dec 201863,38446.594.19$14,443
Nov 201881,30652.934.24$5,957
Oct 201862,03961.443.40$7,297
Sep 201832,23659.543.11$7,128
Aug 2018698959.403.07$3,389
Jul 201862,42265.142.93$7,492
Jun 201834,73860.183.08$14,759
May 201854,21265.382.90$12,545
Apr 201854,41763.842.90$13,132
Mar 2018113,95661.222.79$11,698
Feb 201891,78961.782.77$5,505
Jan 201835,68062.874.01$22,962
Dec 201761,72957.272.92$5,395
Nov 201753,21155.423.12$10,290
Oct 2017103,80649.292.98$11,849
Sep 201772,41747.523.09$7,795
Aug 2017113,51845.373.00$11,069
Jul 2017105,41843.873.09$17,166
Jun 201755,33342.493.09$16,677
May 201785,03845.373.26$16,804
Apr 201784,21147.933.21$13,907
Mar 2017115,00746.772.98$15,454
Feb 201705,01650.452.95$14,810
Jan 201705,03749.413.42$17,221
Dec 201603,92648.763.72$14,616
Nov 201602,00142.492.64$5,291
Oct 201602,29546.193.09$7,092
Sep 201601,92441.553.10$5,966
Aug 201664,36541.442.92$13,013
Jul 201635,95241.622.92$17,531
Jun 201634,21545.352.69$11,457
May 201655,00142.521.99$10,170
Apr 201685,21936.561.99$10,684
Mar 2016145,04733.011.79$9,517
Feb 201652,80026.472.06$5,911
Jan 201671,67627.352.36$4,154
Dec 201582,73532.362.00$5,733
Nov 2015113,76238.792.17$8,580
Oct 201541,42743.552.43$3,637
Sep 2015111,80942.992.76$5,463
Aug 2015115,76540.162.87$17,002
Jul 201514,05748.152.95$11,996
Jun 201512,04156.152.88$5,940
May 201521,57255.212.96$4,756
Apr 201535,47249.822.71$14,960
Mar 201532,03742.892.93$6,107
Feb 201523,68544.662.98$11,057
Jan 201543,06443.433.10$9,674
Dec 201485,72454.693.59$20,994
Nov 201434,74970.464.25$20,403
Oct 201443,42578.303.90$13,674
Sep 201422,44886.164.05$10,076
Aug 201432,53889.394.04$10,509
Jul 201483,33496.564.18$14,707
Jun 201496,78398.164.74$33,014
May 201482,71194.734.73$13,572
Apr 2014136,09895.944.81$30,573
Mar 2014102,07495.895.06$11,447
Feb 2014225,05397.406.19$33,431
Jan 2014607,06690.404.86$39,770
Dec 2013425,44691.824.35$27,571
Nov 2013357,52888.853.74$31,252
Oct 2013273,41897.423.78$15,548
Sep 2013222,613104.113.72$12,005
Aug 2013334,911104.253.52$20,740
Jul 2013625,318102.523.72$26,127
Jun 2013885,21294.403.93$28,808
May 2013825,62194.834.15$31,098
Apr 2013963,95593.964.28$25,958
Mar 2013685,79893.623.91$29,053
Feb 2013803,20991.233.42$18,273
Jan 2013392,74791.603.42$12,967
Dec 2012423,33186.773.42$15,037
Nov 2012573,29086.953.62$16,882
Oct 2012554,59889.383.40$20,548
Sep 2012575,05194.672.92$20,137
Aug 2012997,12592.662.91$29,894
Jul 2012595,36785.133.02$21,235
Jun 201297,60479.822.52$19,873
May 201286,52491.612.49$16,967
Apr 201286,678101.652.00$14,148
Mar 2012107,110105.052.22$16,849
Feb 201242,315101.102.57$6,355
Jan 201287,21098.092.73$20,497
Dec 201111,80996.873.24$5,958
Nov 201114,08095.723.31$13,606
Oct 201114,61084.983.65$16,905
Sep 201127,34883.623.99$29,455
Aug 201115,91083.404.15$24,606
Jul 201126,33394.144.52$28,796
Jun 201136,03492.904.64$28,276
May 201148,08998.134.40$36,023
Apr 201124,103105.964.33$17,991
Mar 201148,09796.364.06$33,238
Feb 201147,89985.644.18$33,360
Jan 201136,55186.504.59$30,321
Dec 201047,98585.734.35$35,060
Nov 201026,90380.843.80$26,361
Oct 201028,38378.103.51$29,571
Sep 201015,31372.633.98$21,216
Aug 201028,57673.684.42$38,048
Jul 201016,98672.554.74$33,162
Jun 201028,44270.364.91$41,594
May 201028,84671.124.24$37,607
Apr 201028,57381.694.12$35,507
Mar 201037,93178.394.39$35,042
Feb 201077,50773.585.44$41,371
Jan 201029,09374.365.96$54,380
Dec 200929,55171.445.48$52,518
Nov 200929,93474.593.75$37,417
Oct 2009410,24872.544.11$42,412
Sep 2009410,30065.543.06$31,829
Aug 200935,81467.423.22$18,915
Jul 2009810,95861.133.46$38,453
Jun 2009711,24466.163.90$44,259
May 2009710,18554.743.93$40,367
Apr 2009710,63846.773.59$38,491
Mar 20091010,06042.144.06$41,255
Feb 2009710,54532.814.63$49,085
Jan 2009812,12535.865.37$65,410
Dec 2008516,02537.105.98$95,969
Nov 200824,30055.496.86$29,611
Oct 200817,54975.246.92$52,329
Sep 200812,860101.767.88$22,630
Aug 200872,468114.228.48$21,736
Jul 20084015,521131.0811.39$182,019
Jun 200872,133131.3313.03$28,718
May 2008113,077123.1711.57$36,969
Apr 2008132,887110.3110.45$31,617
Mar 2008278,151101.909.66$81,523
Feb 20083913,15892.538.77$119,012
Jan 2008288,65290.388.21$73,527
Dec 2007245,61188.337.30$43,091
Nov 2007296,76591.677.29$51,987
Oct 2007268,78482.856.92$62,957
Sep 2007288,02675.846.24$52,239
Aug 2007154,85969.066.39$32,075
Jul 2007343,93770.906.39$27,560
Jun 2007739,12462.007.55$73,398
May 200711113,31858.747.85$111,017
Apr 200710013,59859.617.81$112,096
Mar 20079412,72856.927.30$98,290
Feb 20079912,69755.108.22$109,773
Jan 200711013,98450.306.73$99,601
Dec 20065614,36456.656.92$102,549
Nov 20065013,88754.207.62$108,494
Oct 20064715,62254.906.01$96,528
Sep 20065115,28160.085.04$80,038
Aug 20065515,65868.717.34$118,708
Jul 20068717,31469.376.34$115,854
Jun 20062316,83066.286.38$108,965
May 20062519,20566.016.42$125,042
Apr 20062314,27664.397.36$106,559
Mar 20062118,15956.707.08$129,809
Feb 20063216,06557.597.75$126,365
Jan 20062119,57460.598.93$176,133
Dec 2005618,71754.9413.42$251,426
Nov 2005618,89054.6910.59$200,343
Oct 20051320,11358.3413.80$278,233
Sep 2005620,77961.4512.08$251,358
Aug 20051022,16661.519.80$217,772
Jul 20051922,81855.697.84$180,034
Jun 20054521,59052.337.38$161,712
May 20054422,72745.226.65$153,151
Apr 20055722,68249.207.36$169,755
Mar 20056224,24850.377.15$176,614
Feb 20057622,93545.226.31$148,201
Jan 20058526,12343.166.32$168,823
Dec 20047626,25139.866.75$180,252
Nov 20049326,25545.286.33$170,416
Oct 20047529,04949.706.52$192,985
Sep 20049529,29443.245.28$158,894
Aug 20047431,04242.375.55$175,439
Jul 20049230,71838.286.08$190,416
Jun 20043434,10836.106.43$220,645
May 20045136,77337.486.49$240,737
Apr 20046238,39034.475.86$227,043
Mar 20044741,09734.365.53$228,887
Feb 20045640,83532.455.51$226,803
Jan 20045545,06332.036.30$285,642
Dec 20036646,75230.266.30$296,611
Nov 20034443,23028.804.60$199,916
Oct 20034146,03228.174.76$220,251
Sep 20035147,89426.314.75$228,808
Aug 20036352,53129.765.13$271,344
Jul 20038458,63729.415.17$305,673
Jun 20038665,55828.565.98$394,687
May 20039074,12026.595.97$445,088
Apr 200310780,72326.675.41$439,346
Mar 200314092,32031.146.10$567,146
Feb 200312092,85533.487.93$739,975
Jan 200314397,57730.315.58$549,013
Dec 200279135,14326.914.85$658,078
Nov 2002123152,55124.664.14$634,131
Oct 2002123167,75026.464.23$712,689
Sep 2002137189,58127.443.64$692,924
Aug 2002161242,60025.963.16$771,805
Jul 20027493,85824.583.06$289,190

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             3 bbl  × $106.41 =       $319
Gas                2,240 Mcf  × $  3.05 =     $6,823

────────────────────────────────────────────────────
Month total                                   $7,142

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/190231 is the state's own key, not one this site invented.