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 200375District 04Field 999305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.3 M
Mar 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
267
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 Gas112004-11-19157804
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
CondensateDisposition20,708 bbl$1,012,893
GasProduction2,385,184 Mcf$15,321,472
Total$16,334,366

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 27.2737, -99.0069. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27369, -99.00690 · 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
12,100 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 12,100 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-47938623A 112,100 ftOct 2017

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 (267)

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

267 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 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
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 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202011036.972.48$407
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 20180359.403.07$9
Jul 20180365.142.93$9
Jun 20180660.183.08$18
May 20180065.382.90$0
Apr 2018311963.842.90$2,034
Mar 20180661.222.79$17
Feb 20180661.782.77$17
Jan 2018261862.874.01$1,707
Dec 20170257.272.92$6
Nov 20170455.423.12$12
Oct 20170649.292.98$18
Sep 201701,57147.523.09$4,850
Aug 2017261,93245.373.00$6,984
Jul 201701,81143.873.09$5,591
Jun 201701,83442.493.09$5,662
May 201701,64245.373.26$5,359
Apr 201701,37547.933.21$4,416
Mar 2017271,91846.772.98$6,985
Feb 201701,70050.452.95$5,019
Jan 201702,01549.413.42$6,889
Dec 201602,12548.763.72$7,911
Nov 201602,00042.492.64$5,289
Oct 201602,19846.193.09$6,792
Sep 201602,04741.553.10$6,347
Aug 201602,20441.442.92$6,445
Jul 201602,23141.622.92$6,524
Jun 201602,12145.352.69$5,697
May 201602,29342.521.99$4,565
Apr 2016232,29436.561.99$5,408
Mar 201602,29533.011.79$4,117
Feb 2016122,13626.472.06$4,726
Jan 201602,08327.352.36$4,925
Dec 201502,15132.362.00$4,305
Nov 201502,11038.792.17$4,573
Oct 2015142,31043.552.43$6,215
Sep 201502,20042.992.76$6,069
Aug 201502,27340.162.87$6,529
Jul 2015142,29048.152.95$7,418
Jun 201502,13256.152.88$6,146
May 201502,24155.212.96$6,623
Apr 201502,23849.822.71$6,057
Mar 2015132,34942.892.93$7,451
Feb 201502,09244.662.98$6,226
Jan 201592,36543.433.10$7,724
Dec 201402,36854.693.59$8,504
Nov 201482,27470.464.25$10,232
Oct 201402,51978.303.90$9,827
Sep 201402,40986.164.05$9,745
Aug 201462,42089.394.04$10,301
Jul 201402,36196.564.18$9,868
Jun 201472,41898.164.74$12,141
May 201402,58694.734.73$12,223
Apr 2014172,46295.944.81$13,471
Mar 201402,41295.895.06$12,197
Feb 2014652,21297.406.19$20,028
Jan 201402,44990.404.86$11,904
Dec 2013602,39891.824.35$15,951
Nov 201302,29688.853.74$8,583
Oct 2013232,34497.423.78$11,099
Sep 201302,284104.113.72$8,491
Aug 2013202,387104.253.52$10,493
Jul 201302,443102.523.72$9,082
Jun 2013212,31894.403.93$11,100
May 201302,43594.834.15$10,103
Apr 201302,41393.964.28$10,334
Mar 2013202,41893.623.91$11,334
Feb 201302,01791.233.42$6,898
Jan 2013562,29791.603.42$12,985
Dec 201202,58486.773.42$8,838
Nov 201201,70386.953.62$6,173
Oct 201202,24789.383.40$7,639
Sep 2012242,55494.672.92$9,726
Aug 201202,73892.662.91$7,963
Jul 2012142,75485.133.02$9,511
Jun 201202,69979.822.52$6,799
May 2012132,84491.612.49$8,268
Apr 201202,475101.652.00$4,942
Mar 201202,744105.052.22$6,097
Feb 2012112,762101.102.57$8,211
Jan 201202,75398.092.73$7,527
Dec 2011112,28796.873.24$8,475
Nov 2011122,46895.723.31$9,321
Oct 201102,72684.983.65$9,946
Sep 201102,99283.623.99$11,926
Aug 2011153,14683.404.15$14,305
Jul 201103,22894.144.52$14,582
Jun 2011163,17892.904.64$16,232
May 201103,37398.134.40$14,857
Apr 2011143,363105.964.33$16,056
Mar 2011143,47096.364.06$15,428
Feb 2011163,21685.644.18$14,813
Jan 201103,62986.504.59$16,653
Dec 2010173,68385.734.35$17,470
Nov 201003,93280.843.80$14,923
Oct 2010384,19178.103.51$17,674
Sep 201004,15872.633.98$16,547
Aug 2010284,54173.684.42$22,131
Jul 201004,70972.554.74$22,304
Jun 2010354,77170.364.91$25,890
May 2010345,15571.124.24$24,251
Apr 201005,12781.694.12$21,137
Mar 2010375,68178.394.39$27,832
Feb 2010395,91773.585.44$35,072
Jan 2010266,80374.365.96$42,507
Dec 2009257,45871.445.48$42,684
Nov 200907,64774.593.75$28,688
Oct 2009268,21972.544.11$35,668
Sep 2009298,15265.543.06$26,885
Aug 2009309,24367.423.22$31,771
Jul 20093810,17661.133.46$37,578
Jun 20092911,26666.163.90$45,800
May 2009169,39754.743.93$37,766
Apr 2009113,02146.773.59$11,352
Mar 2009113,16442.144.06$13,306
Feb 2009112,93532.814.63$13,959
Jan 2009513,23335.865.37$19,193
Dec 2008583,36637.105.98$22,271
Nov 200803,48355.496.86$23,895
Oct 2008283,92575.246.92$29,275
Sep 2008294,074101.767.88$35,042
Aug 2008604,699114.228.48$46,715
Jul 2008545,539131.0811.39$70,164
Jun 2008294,833131.3313.03$66,795
May 200805,449123.1711.57$63,068
Apr 2008747,352110.3110.45$85,027
Mar 2008806,536101.909.66$71,316
Feb 2008375,64292.538.77$52,907
Jan 2008985,21690.388.21$51,658
Dec 2007566,66388.337.30$53,600
Nov 2007546,89991.677.29$55,256
Oct 20071037,83782.856.92$62,781
Sep 2007597,53175.846.24$51,499
Aug 2007628,18569.066.39$56,567
Jul 20071559,45370.906.39$71,375
Jun 20071488,01662.007.55$69,684
May 2007010,07058.747.85$79,012
Apr 200722210,77359.617.81$97,319
Mar 20079612,74956.927.30$98,557
Feb 200722212,42755.108.22$114,332
Jan 20077815,11350.306.73$105,586
Dec 200613815,67456.656.92$116,257
Nov 200612816,11054.207.62$129,655
Oct 200616212,83854.906.01$86,099
Sep 200611013,27560.085.04$73,478
Aug 200620314,48768.717.34$120,282
Jul 200626215,99369.376.34$119,615
Jun 200618116,26066.286.38$115,799
May 200627818,13666.016.42$134,875
Apr 200628218,65464.397.36$155,460
Mar 200627520,41856.707.08$160,212
Feb 200629820,57057.597.75$176,602
Jan 200627024,11460.598.93$231,777
Dec 200529226,76954.9413.42$375,159
Nov 200528527,17254.6910.59$303,295
Oct 200527928,54258.3413.80$410,035
Sep 200540432,37161.4512.08$415,835
Aug 200539535,52461.519.80$372,319
Jul 200540441,03955.697.84$344,394
Jun 200521236,52752.337.38$280,701
May 200523335,05545.226.65$243,693
Apr 200523838,19249.207.36$292,821
Mar 200530342,86550.377.15$321,956
Feb 200538543,12045.226.31$289,580
Jan 200552254,98643.166.32$370,162
Dec 200452563,14939.866.75$447,250
Nov 200446668,16045.286.33$452,582
Oct 200453272,93949.706.52$501,645
Sep 200449960,39943.245.28$340,719
Aug 200470290,17742.375.55$530,286
Jul 2004753108,16138.286.08$686,896
Jun 20041,383130,35536.106.43$888,503
May 20041,684170,69037.486.49$1,171,676
Apr 20042,516248,08534.475.86$1,540,123
Mar 20042,107212,44734.365.53$1,247,258

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.

Oct 2020 — as filed, then multipliedworked
Condensate            11 bbl  × $ 36.97 =       $407
Gas                    0 Mcf  × $  2.48 =         $0

────────────────────────────────────────────────────
Month total                                     $407

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/200375 is the state's own key, not one this site invented.