BILLINGS AB GU

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 221389District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.3 M
Jul 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
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 Gas112007-05-22174978
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
CondensateDisposition18,076 bbl$1,272,575
GasProduction4,328,581 Mcf$27,053,079
Total$28,325,654

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 27.6400, -98.8424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.63996, -98.84240 · 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
10,673 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 10,673 ft.

Completions filed
Jul 2006
1 of 1 wells

1 well

42-479394992H10,673 ftJul 2006

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 (239)

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

239 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 20200036.972.48$0
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 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20142098.164.74$196
May 2014173,30494.734.73$17,227
Apr 20145214,07595.944.81$72,677
Mar 20144317,69695.895.06$93,608
Feb 20143412,60097.406.19$81,331
Jan 20143815,96490.404.86$81,032
Dec 20132919,33391.824.35$86,848
Nov 20133119,62088.853.74$76,099
Oct 20133618,51297.423.78$73,471
Sep 20131811,426104.113.72$44,353
Aug 2013147,524104.253.52$27,964
Jul 2013329,350102.523.72$38,042
Jun 20134317,66394.403.93$73,535
May 2013299,95594.834.15$44,054
Apr 20134411,32493.964.28$52,630
Mar 20133213,73593.623.91$56,739
Feb 20135412,94691.233.42$49,201
Jan 2013329,43991.603.42$35,212
Dec 20126419,64686.773.42$72,746
Nov 2012529,31286.953.62$38,277
Oct 20125616,44889.383.40$60,923
Sep 20125216,59694.672.92$53,357
Aug 20127516,71992.662.91$55,571
Jul 20127221,48085.133.02$71,016
Jun 20122218,05079.822.52$47,225
May 20122822,88891.612.49$59,518
Apr 20123027,717101.652.00$58,395
Mar 20123225,595105.052.22$60,236
Feb 2012108,571101.102.57$23,041
Jan 2012109,42198.092.73$26,739
Dec 201138,57296.873.24$28,062
Nov 201129,86795.723.31$32,864
Oct 201139,89784.983.65$36,365
Sep 2011529,50083.623.99$117,999
Aug 2011419,68183.404.15$81,996
Jul 20114935,81294.144.52$166,384
Jun 201129426,20392.904.64$148,891
May 201143933,91998.134.40$192,486
Apr 201135433,414105.964.33$182,302
Mar 201121820,41596.364.06$103,837
Feb 201113912,03585.644.18$62,210
Jan 201113311,11486.504.59$62,504
Dec 201026122,16485.734.35$118,739
Nov 20104616,91780.843.80$67,924
Oct 20103313,45678.103.51$49,793
Sep 2010166,33572.633.98$26,372
Aug 2010113,79173.684.42$17,564
Jul 20104116,74772.554.74$82,297
Jun 20103215,38370.364.91$77,788
May 20103817,55171.124.24$77,035
Apr 20104620,25381.694.12$87,255
Mar 20108126,15778.394.39$121,144
Feb 201021124,94773.585.44$151,296
Jan 201011827,51974.365.96$172,900
Dec 200911629,71871.445.48$171,253
Nov 200911130,81674.593.75$123,886
Oct 200919633,35672.544.11$151,319
Sep 200922226,90865.543.06$97,016
Aug 200923529,78167.423.22$111,694
Jul 200926530,98161.133.46$123,533
Jun 20099026,11366.163.90$107,665
May 200911132,72454.743.93$134,542
Apr 20099530,43746.773.59$113,636
Mar 200916132,75342.144.06$139,729
Feb 200910330,16032.814.63$143,111
Jan 200911732,47435.865.37$178,613
Dec 200812834,15337.105.98$208,886
Nov 200811834,00755.496.86$239,848
Oct 20089036,72375.246.92$260,967
Sep 20089335,585101.767.88$289,770
Aug 20088936,595114.228.48$320,602
Jul 20086341,228131.0811.39$477,821
Jun 20087141,940131.3313.03$555,913
May 20088443,640123.1711.57$515,448
Apr 20086945,398110.3110.45$482,241
Mar 20088251,860101.909.66$509,534
Feb 20089451,00692.538.77$456,050
Jan 200815747,22990.388.21$401,738
Dec 200721658,51588.337.30$446,354
Nov 200723665,05591.677.29$495,996
Oct 200718968,31682.856.92$488,541
Sep 200724872,91775.846.24$474,114
Aug 200720072,39869.066.39$476,286
Jul 200720561,22070.906.39$405,604
Jun 200721166,93062.007.55$518,300
May 200730379,38158.747.85$640,644
Apr 200734699,79159.617.81$799,514
Mar 2007363121,43556.927.30$907,377
Feb 200735898,65855.108.22$830,300
Jan 2007655135,66950.306.73$945,572
Dec 2006775131,83256.656.92$955,976
Nov 2006831149,75454.207.62$1,185,788
Oct 2006949203,94754.906.01$1,278,597
Sep 20061,393269,91460.085.04$1,443,302
Aug 20062,086418,49068.717.34$3,215,012
Jul 20061,892390,21669.376.34$2,606,294

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.

Jun 2014 — as filed, then multipliedworked
Condensate             2 bbl  × $ 98.16 =       $196
Gas                    0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                     $196

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/221389 is the state's own key, not one this site invented.