BILLINGS STATE GAS UNIT

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 191870District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Nov 2002 – May 2026
Value, last 12 filed months
$58 k
at the published price for each month
Months reported
283
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 Gas112003-08-25152776
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
CondensateDisposition4,384 bbl$204,720
GasProduction932,637 Mcf$4,836,201
Total$5,040,921

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 27.6334, -98.8466. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.63345, -98.84660 · 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
11,300 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 11,300 ft.

Completions filed
Nov 2002
1 of 1 wells

1 well

42-47938198111,300 ftNov 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 (283)

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

283 months

May 202601,121106.413.05$3,414
Apr 202601,27298.932.87$3,650
Mar 202601,19989.753.15$3,776
Feb 202601,08463.503.75$4,065
Jan 202611,31959.138.00$10,608
Dec 202521,49756.664.41$6,720
Nov 202511,03658.593.93$4,126
Oct 202511,24859.383.30$4,184
Sep 202501,45062.743.08$4,462
Aug 202511,31463.933.01$4,025
Jul 202511,33366.743.32$4,486
Jun 202521,44666.483.13$4,657
May 202521,09960.553.23$3,673
Apr 202511,30162.363.54$4,672
Mar 202511,03367.704.27$4,477
Feb 2025292370.884.34$4,148
Jan 202511,12174.324.28$4,871
Dec 202421,00068.993.12$3,259
Nov 202421,19069.052.20$2,754
Oct 202411,23871.372.28$2,896
Sep 202421,38869.612.36$3,421
Aug 202411,19075.632.06$2,531
Jul 202421,30479.932.15$2,959
Jun 202421,32078.082.63$3,633
May 202411,31878.812.20$2,976
Apr 202431,37084.451.66$2,526
Mar 202411,13080.301.55$1,826
Feb 202421,51976.091.78$2,862
Jan 2024298773.023.30$3,401
Dec 2023280471.262.61$2,242
Nov 202321,16677.892.81$3,429
Oct 202361,36785.443.09$4,733
Sep 202361,33189.042.74$4,175
Aug 202361,51780.522.67$4,538
Jul 202331,26674.852.64$3,569
Jun 202331,40368.962.26$3,376
May 202381,56170.622.23$4,042
Apr 202361,43578.122.24$3,680
Mar 202351,56872.852.39$4,117
Feb 202381,27475.112.47$3,742
Jan 202331,36276.533.39$4,844
Dec 2022111,55376.415.73$9,738
Nov 202281,18885.005.65$7,388
Oct 202251,39987.185.86$8,639
Sep 202251,40484.888.16$11,886
Aug 202251,33894.529.13$12,685
Jul 202261,590101.587.54$12,601
Jun 202261,374115.097.98$11,651
May 2022111,575109.378.43$14,485
Apr 202231,418104.226.84$10,008
Mar 202261,392108.885.08$7,720
Feb 2022111,51291.054.86$8,348
Jan 202261,69081.844.54$8,160
Dec 202161,59571.323.90$6,647
Nov 202131,26577.435.24$6,857
Oct 202181,50379.795.71$9,226
Sep 2021943469.865.35$2,951
Aug 202161,49266.024.22$6,693
Jul 202161,38270.783.98$5,928
Jun 202181,49969.493.38$5,623
May 202161,75763.483.02$5,683
Apr 202162,15060.362.76$6,293
Mar 202131,28761.302.72$3,681
Feb 202191,49957.805.55$8,837
Jan 202161,64550.412.81$4,925
Dec 202061,73144.642.68$4,899
Nov 2020111,78938.772.71$5,269
Oct 202061,37336.972.48$3,625
Sep 202031,64537.091.99$3,387
Aug 202081,85939.982.39$4,754
Jul 202081,71838.371.83$3,443
Jun 202081,15434.901.69$2,230
May 202031,78016.921.81$3,281
Apr 202061,72614.751.80$3,203
Mar 202031,52930.341.86$2,929
Feb 202061,54149.881.98$3,351
Jan 202091,93857.252.09$4,575
Dec 201982,16359.012.30$5,456
Nov 201931,41455.302.75$4,055
Oct 201981,75753.472.42$4,677
Sep 201981,71355.052.66$4,992
Aug 201951,67053.112.30$4,114
Jul 201951,77756.272.46$4,653
Jun 201952,07952.782.49$5,443
May 201981,32558.482.74$4,099
Apr 201951,34762.632.75$4,018
Mar 201961,93856.803.06$6,275
Feb 201961,60850.852.79$4,795
Jan 201982,64246.033.23$8,897
Dec 201854,56546.594.19$19,339
Nov 201882,79352.934.24$12,258
Oct 201852,29061.443.40$8,089
Sep 201831,78859.543.11$5,736
Aug 2018589559.403.07$3,042
Jul 201852,43565.142.93$7,465
Jun 201822,05860.183.08$6,453
May 201802,19065.382.90$6,353
Apr 201801,97763.842.90$5,735
Mar 2018101,62761.222.79$5,146
Feb 201882,02261.782.77$6,087
Jan 201821,88662.874.01$7,687
Dec 201751,75457.272.92$5,411
Nov 201752,00155.423.12$6,517
Oct 2017102,74949.292.98$8,695
Sep 201782,09147.523.09$6,836
Aug 2017101,48845.373.00$4,924
Jul 201791,54743.873.09$5,171
Jun 201751,43042.493.09$4,627
May 201771,50145.373.26$5,216
Apr 201771,34147.933.21$4,642
Mar 2017101,37046.772.98$4,555
Feb 2017161,66950.452.95$5,735
Jan 2017321,59549.413.42$7,034
Dec 2016291,38948.763.72$6,585
Nov 2016131,01042.492.64$3,223
Oct 2016201,20546.193.09$4,648
Sep 2016098141.553.10$3,042
Aug 2016122,33841.442.92$7,334
Jul 201672,41641.622.92$7,357
Jun 201692,99645.352.69$8,455
May 2016102,46542.521.99$5,333
Apr 201661,55536.561.99$3,315
Mar 201671,79433.011.79$3,450
Feb 201641,27526.472.06$2,737
Jan 201661,57227.352.36$3,881
Dec 201541,32532.362.00$2,781
Nov 201571,33738.792.17$3,169
Oct 201541,44043.552.43$3,668
Sep 201571,07042.992.76$3,252
Aug 2015322,87240.162.87$9,535
Jul 2015262,36048.152.95$8,202
Jun 2015361,70956.152.88$6,948
May 2015411,82755.212.96$7,663
Apr 2015532,61049.822.71$9,705
Mar 2015692,82042.892.93$11,235
Feb 2015442,77844.662.98$10,233
Jan 2015472,89843.433.10$11,027
Dec 201492,20754.693.59$8,418
Nov 201452,11570.464.25$9,345
Oct 201492,68278.303.90$11,167
Sep 201471,72486.164.05$7,577
Aug 201483,52689.394.04$14,943
Jul 2014202,03796.564.18$10,445
Jun 2014362,28198.164.74$14,339
May 2014653,45794.734.73$22,497
Apr 2014433,85695.944.81$22,669
Mar 201423,53295.895.06$18,052
Feb 2014131297.406.19$2,029
Jan 2014146290.404.86$2,336
Dec 2013345891.824.35$2,270
Nov 2013453388.853.74$2,348
Oct 201351,57697.423.78$6,443
Sep 201362,627104.113.72$10,391
Aug 201362,688104.253.52$10,094
Jul 201362,594102.523.72$10,259
Jun 201342,39294.403.93$9,786
May 201352,88494.834.15$12,440
Apr 201372,97793.964.28$13,407
Mar 201332,67193.623.91$10,732
Feb 201341,61691.233.42$5,891
Jan 201321,23591.603.42$4,407
Dec 201221,71886.773.42$6,049
Nov 201221,67086.953.62$6,228
Oct 201221,97589.383.40$6,893
Sep 201222,74994.672.92$8,212
Aug 201221,60292.662.91$4,844
Jul 201222,28285.133.02$7,064
Jun 201232,57979.822.52$6,736
May 201232,43791.612.49$6,339
Apr 201232,762101.652.00$5,820
Mar 201243,103105.052.22$7,315
Feb 201243,215101.102.57$8,668
Jan 201243,44098.092.73$9,798
Dec 201142,90996.873.24$9,812
Nov 201152,51395.723.31$8,800
Oct 201164,21184.983.65$15,874
Sep 201132,36983.623.99$9,693
Aug 201142,83883.404.15$12,109
Jul 201142,83994.144.52$13,201
Jun 201142,32992.904.64$11,178
May 201163,07398.134.40$14,125
Apr 201142,556105.964.33$11,500
Mar 201153,07696.364.06$12,962
Feb 201163,08285.644.18$13,397
Jan 201152,78886.504.59$13,226
Dec 201063,04585.734.35$13,753
Nov 201052,90480.843.80$11,426
Oct 201053,73578.103.51$13,496
Sep 201032,03472.633.98$8,312
Aug 201043,16473.684.42$14,278
Jul 201043,08472.554.74$14,898
Jun 201024,34570.364.91$21,476
May 201022,99271.124.24$12,814
Apr 201012,38381.694.12$9,906
Mar 201043,24278.394.39$14,542
Feb 201042,04073.585.44$11,397
Jan 201012,18474.365.96$13,100
Dec 200912,39871.445.48$13,221
Nov 200913,05074.593.75$11,517
Oct 200922,80272.544.11$11,662
Sep 200933,07265.543.06$9,612
Aug 200922,15467.423.22$7,067
Jul 200963,41861.133.46$12,208
Jun 200953,93766.163.90$15,665
May 200943,04854.743.93$12,185
Apr 200943,29946.773.59$12,022
Mar 200941,66642.144.06$6,931
Feb 200932,09132.814.63$9,786
Jan 200931,90835.865.37$10,355
Dec 200831,99037.105.98$12,006
Nov 200842,35755.496.86$16,392
Oct 200833,49475.246.92$24,411
Sep 200832,618101.767.88$20,928
Aug 200822,213114.228.48$19,001
Jul 200823,156131.0811.39$36,207
Jun 200811,460131.3313.03$19,159
May 200832,978123.1711.57$34,838
Apr 200823,112110.3110.45$32,756
Mar 200822,270101.909.66$22,141
Feb 200841,94392.538.77$17,411
Jan 2008172,96590.388.21$25,866
Dec 2007223,88788.337.30$30,326
Nov 2007193,24491.677.29$25,396
Oct 2007172,97882.856.92$22,022
Sep 2007285,36675.846.24$35,630
Aug 2007193,94469.066.39$26,506
Jul 2007184,18270.906.39$27,991
Jun 200783,71162.007.55$28,508
May 200793,31258.747.85$26,516
Apr 200793,17259.617.81$25,295
Mar 200794,03756.927.30$29,990
Feb 200793,71255.108.22$30,994
Jan 2007154,03050.306.73$27,864
Dec 2006183,63656.656.92$26,175
Nov 2006174,73954.207.62$37,021
Oct 2006133,93454.906.01$24,372
Sep 2006133,38860.085.04$17,847
Aug 2006163,86468.717.34$29,461
Jul 2006264,70869.376.34$31,665
Jun 200663,80166.286.38$24,663
May 200684,53666.016.42$29,672
Apr 200673,77764.397.36$28,251
Mar 200674,56256.707.08$32,709
Feb 2006104,41357.597.75$34,782
Jan 2006184,98260.598.93$45,596
Dec 2005104,56854.9413.42$61,831
Nov 2005104,36354.6910.59$46,744
Oct 2005214,93858.3413.80$69,349
Sep 2005114,95061.4512.08$60,467
Aug 2005175,56961.519.80$55,604
Jul 2005145,69055.697.84$45,410
Jun 2005255,58352.337.38$42,517
May 2005245,64645.226.65$38,638
Apr 2005315,69249.207.36$43,421
Mar 2005326,02450.377.15$44,713
Feb 2005385,19945.226.31$34,534
Jan 2005356,15243.166.32$40,405
Dec 2004256,83439.866.75$47,133
Nov 2004316,32245.286.33$41,425
Oct 2004257,72649.706.52$51,578
Sep 2004297,22343.245.28$39,420
Aug 2004226,76442.375.55$38,477
Jul 2004357,73338.286.08$48,389
Jun 2004217,46536.106.43$48,781
May 2004307,39837.486.49$49,171
Apr 2004398,17634.475.86$49,243
Mar 2004319,31234.365.53$52,562
Feb 2004369,08632.455.51$51,229
Jan 2004639,98332.036.30$64,907
Dec 20032189,14630.266.30$64,231
Nov 20031649,98628.804.60$50,610
Oct 200315811,06328.174.76$57,107
Sep 200319111,41026.314.75$59,215
Aug 200322812,15429.765.13$69,132
Jul 200322511,97629.415.17$68,543
Jun 20035212,86628.565.98$78,462
May 20035514,88526.595.97$90,366
Apr 20036616,11826.675.41$88,915
Mar 20039119,79831.146.10$123,523
Feb 20037217,36033.487.93$140,004
Jan 200311624,79830.315.58$141,939
Dec 20029938,26526.914.85$188,393
Nov 200210232,32824.664.14$136,255

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                1,121 Mcf  × $  3.05 =     $3,414

────────────────────────────────────────────────────
Month total                                   $3,414

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/191870 is the state's own key, not one this site invented.