MCGRATH

Operated by MOUNTAIN V TEXAS, LLC (P-5 103601) in the ZWEBB (10350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198053District 04Field 999305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Nov 2003 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
271
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 118 leases and 118 wells, and the rule below applies to all of them.

Discovered
1988-05-03
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 2003-06-10.

The Commission's schedule remark for this field reads: AND 5% PER WELL.

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 Gas112004-04-22156292
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
CondensateDisposition3,002 bbl$135,440
GasProduction545,707 Mcf$3,268,980
Total$3,404,420

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 27.2661, -99.0223. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.26610, -99.02232 · 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
10,900 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 10,900 ft.

Completions filed
Dec 2003
1 of 1 wells

1 well

42-50534830610,900 ftDec 2003

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 (271)

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

271 months

May 2026056106.413.05$171
Apr 202604998.932.87$141
Mar 20260489.753.15$13
Feb 20260063.503.75$0
Jan 202601259.138.00$96
Dec 202501156.664.41$49
Nov 202504558.593.93$177
Oct 20250059.383.30$0
Sep 202503062.743.08$92
Aug 202505263.933.01$157
Jul 202503466.743.32$113
Jun 2025011566.483.13$360
May 2025015760.553.23$507
Apr 2025011662.363.54$411
Mar 20250967.704.27$38
Feb 202507670.884.34$330
Jan 202509274.324.28$394
Dec 202407168.993.12$222
Nov 202404769.052.20$103
Oct 202407571.372.28$171
Sep 2024011669.612.36$274
Aug 20240975.632.06$19
Jul 202408079.932.15$172
Jun 2024022878.082.63$601
May 202403078.812.20$66
Apr 2024017684.451.66$292
Mar 202408080.301.55$124
Feb 202407576.091.78$134
Jan 202409573.023.30$313
Dec 202309771.262.61$253
Nov 2023011077.892.81$309
Oct 2023012685.443.09$389
Sep 2023012789.042.74$347
Aug 2023012680.522.67$337
Jul 2023014274.852.64$375
Jun 2023014168.962.26$318
May 2023011870.622.23$263
Apr 2023018378.122.24$410
Mar 2023019372.852.39$462
Feb 2023021275.112.47$523
Jan 2023047276.533.39$1,599
Dec 2022079676.415.73$4,560
Nov 2022012085.005.65$678
Oct 2022011187.185.86$651
Sep 2022010284.888.16$833
Aug 2022012094.529.13$1,095
Jul 20220124101.587.54$935
Jun 2022089115.097.98$710
May 20220159109.378.43$1,341
Apr 20220125104.226.84$855
Mar 20220154108.885.08$782
Feb 2022013491.054.86$651
Jan 2022015081.844.54$681
Dec 2021015971.323.90$620
Nov 202105377.435.24$278
Oct 2021013779.795.71$783
Sep 2021011669.865.35$621
Aug 2021012266.024.22$515
Jul 2021013070.783.98$518
Jun 2021010269.493.38$345
May 2021012263.483.02$368
Apr 2021016360.362.76$450
Mar 2021019361.302.72$524
Feb 2021018657.805.55$1,032
Jan 2021019950.412.81$559
Dec 2020018744.642.68$500
Nov 2020026038.772.71$704
Oct 2020149536.972.48$1,264
Sep 2020058137.091.99$1,157
Aug 2020018839.982.39$448
Jul 2020019138.371.83$349
Jun 2020017934.901.69$303
May 2020018616.921.81$338
Apr 2020019814.751.80$357
Mar 2020015730.341.86$291
Feb 2020016649.881.98$329
Jan 2020021057.252.09$440
Dec 2019020259.012.30$465
Nov 2019017855.302.75$490
Oct 2019022353.472.42$539
Sep 2019017855.052.66$473
Aug 20192022753.112.30$1,585
Jul 2019023656.272.46$581
Jun 2019022052.782.49$548
May 2019032858.482.74$899
Apr 2019025462.632.75$699
Mar 2019027656.803.06$845
Feb 2019028250.852.79$787
Jan 2019042746.033.23$1,378
Dec 2018046546.594.19$1,946
Nov 2018038352.934.24$1,623
Oct 20181064361.443.40$2,799
Sep 2018043459.543.11$1,349
Aug 2018047359.403.07$1,450
Jul 2018047165.142.93$1,381
Jun 2018080560.183.08$2,477
May 2018030665.382.90$888
Apr 20181065263.842.90$2,530
Mar 2018088261.222.79$2,458
Feb 2018077161.782.77$2,133
Jan 2018983262.874.01$3,902
Dec 2017084357.272.92$2,463
Nov 2017079955.423.12$2,492
Oct 2017078649.292.98$2,345
Sep 2017085747.523.09$2,646
Aug 2017995945.373.00$3,290
Jul 2017076843.873.09$2,371
Jun 201701,04142.493.09$3,214
May 2017068845.373.26$2,245
Apr 2017035547.933.21$1,140
Mar 2017888446.772.98$3,012
Feb 2017087750.452.95$2,589
Jan 201701,15749.413.42$3,956
Dec 2016094548.763.72$3,518
Nov 201601,97742.492.64$5,228
Oct 2016031646.193.09$977
Sep 2016014141.553.10$437
Aug 2016017041.442.92$497
Jul 2016026941.622.92$787
Jun 2016034545.352.69$927
May 2016078842.521.99$1,569
Apr 2016093936.561.99$1,870
Mar 2016093933.011.79$1,685
Feb 2016095426.472.06$1,969
Jan 2016094627.352.36$2,237
Dec 2015099032.362.00$1,981
Nov 2015097338.792.17$2,109
Oct 201501,05243.552.43$2,553
Sep 201501,01242.992.76$2,792
Aug 201501,11040.162.87$3,188
Jul 201501,05548.152.95$3,107
Jun 201501,08656.152.88$3,131
May 201501,13055.212.96$3,340
Apr 2015093649.822.71$2,533
Mar 201501,00042.892.93$2,935
Feb 2015083544.662.98$2,485
Jan 201501,00043.433.10$3,101
Dec 2014090954.693.59$3,265
Nov 201401,04070.464.25$4,422
Oct 201401,15478.303.90$4,502
Sep 201401,13386.164.05$4,583
Aug 201401,04389.394.04$4,209
Jul 201401,15696.564.18$4,832
Jun 201401,13998.164.74$5,395
May 201401,10994.734.73$5,242
Apr 201401,19295.944.81$5,732
Mar 201401,25695.895.06$6,351
Feb 2014098797.406.19$6,112
Jan 201401,35390.404.86$6,577
Dec 201301,27291.824.35$5,539
Nov 201301,27188.853.74$4,751
Oct 201301,31097.423.78$4,951
Sep 201301,270104.113.72$4,722
Aug 201301,393104.253.52$4,907
Jul 201301,293102.523.72$4,807
Jun 2013086094.403.93$3,383
May 201301,35794.834.15$5,630
Apr 201301,44893.964.28$6,201
Mar 201301,26993.623.91$4,965
Feb 201301,12591.233.42$3,847
Jan 201301,37091.603.42$4,685
Dec 201201,54086.773.42$5,267
Nov 201201,25386.953.62$4,542
Oct 201201,18789.383.40$4,035
Sep 201201,49794.672.92$4,369
Aug 201201,42292.662.91$4,135
Jul 201201,54985.133.02$4,679
Jun 201201,45079.822.52$3,653
May 201201,59491.612.49$3,966
Apr 201201,218101.652.00$2,432
Mar 201201,480105.052.22$3,289
Feb 201201,496101.102.57$3,845
Jan 201201,53098.092.73$4,183
Dec 201101,27396.873.24$4,124
Nov 201101,34395.723.31$4,447
Oct 201101,56884.983.65$5,721
Sep 201101,71883.623.99$6,848
Aug 201101,59083.404.15$6,597
Jul 201101,59994.144.52$7,223
Jun 201101,61792.904.64$7,503
May 201101,77798.134.40$7,827
Apr 201101,678105.964.33$7,271
Mar 201101,93196.364.06$7,835
Feb 201101,36185.644.18$5,689
Jan 201101,66886.504.59$7,654
Dec 201001,55085.734.35$6,739
Nov 201001,90380.843.80$7,223
Oct 201002,08478.103.51$7,313
Sep 201001,90172.633.98$7,565
Aug 201002,26973.684.42$10,028
Jul 201001,55572.554.74$7,365
Jun 201002,08070.364.91$10,214
May 201002,04971.124.24$8,678
Apr 201002,04181.694.12$8,414
Mar 201002,06278.394.39$9,049
Feb 201002,41473.585.44$13,138
Jan 201004,00674.365.96$23,892
Dec 200904,09171.445.48$22,434
Nov 200903,85374.593.75$14,455
Oct 200904,12172.544.11$16,938
Sep 200904,30365.543.06$13,188
Aug 200904,00367.423.22$12,884
Jul 200962,87861.133.46$10,338
Jun 200952,40866.163.90$9,710
May 200962,69954.743.93$10,924
Apr 200962,57546.773.59$9,518
Mar 200962,73942.144.06$11,370
Feb 200962,49832.814.63$11,770
Jan 2009272,78035.865.37$15,900
Dec 2008302,37437.105.98$15,303
Nov 200802,38955.496.86$16,389
Oct 2008142,76775.246.92$20,206
Sep 2008132,700101.767.88$22,591
Aug 2008172,827114.228.48$25,923
Jul 2008132,429131.0811.39$29,369
Jun 200862,360131.3313.03$31,545
May 200802,307123.1711.57$26,702
Apr 2008172,415110.3110.45$27,124
Mar 2008202,831101.909.66$29,397
Feb 200892,44392.538.77$22,259
Jan 2008222,35390.388.21$21,296
Dec 2007132,55788.337.30$19,819
Nov 2007112,77891.677.29$21,265
Oct 2007222,89582.856.92$21,862
Sep 2007102,96975.846.24$19,297
Aug 2007102,84369.066.39$18,852
Jul 2007212,73870.906.39$18,979
Jun 2007173,11762.007.55$24,583
May 200703,47058.747.85$27,227
Apr 2007233,59559.617.81$29,431
Mar 200793,89556.927.30$28,953
Feb 2007153,71055.108.22$31,308
Jan 2007254,40050.306.73$30,856
Dec 2006574,34056.656.92$33,255
Nov 2006594,46054.207.62$37,172
Oct 2006894,82454.906.01$33,897
Sep 2006614,79960.085.04$27,838
Aug 2006505,47668.717.34$43,629
Jul 200646,78669.376.34$43,319
Jun 200624,36366.286.38$27,985
May 200634,86666.016.42$31,462
Apr 200624,17564.397.36$30,859
Mar 200623,76656.707.08$26,788
Feb 200623,56257.597.75$27,725
Jan 200644,46460.598.93$40,121
Dec 2005124,55954.9413.42$61,820
Nov 2005125,27354.6910.59$56,489
Oct 2005125,35458.3413.80$74,563
Sep 2005176,23361.4512.08$76,333
Aug 2005156,21161.519.80$61,771
Jul 2005256,34055.697.84$51,121
Jun 2005456,76552.337.38$52,288
May 2005568,04445.226.65$56,034
Apr 2005527,72249.207.36$59,396
Mar 2005658,64250.377.15$65,107
Feb 2005648,09945.226.31$54,014
Jan 2005268,87843.166.32$57,251
Dec 2004249,69639.866.75$66,415
Nov 2004209,66145.286.33$62,064
Oct 20042410,44149.706.52$69,217
Sep 20042510,47943.245.28$56,451
Aug 20044411,75642.375.55$67,118
Jul 200411211,49038.286.08$74,195
Jun 200416811,71136.106.43$81,402
May 200415311,45237.486.49$80,110
Apr 200416811,32934.475.86$72,161
Mar 200432812,56734.365.53$80,767
Feb 200424113,65932.455.51$83,076
Jan 200445221,97532.036.30$152,912
Dec 2003417,95230.266.30$51,351
Nov 200302,54528.804.60$11,695

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                   56 Mcf  × $  3.05 =       $171

────────────────────────────────────────────────────
Month total                                     $171

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/198053 is the state's own key, not one this site invented.