GARCIA L&L CO.

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

Gas lease lease 222859District 04Field 767215502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Sep 2006 – May 2026
Value, last 12 filed months
$67 k
at the published price for each month
Months reported
237
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 287 leases and 304 wells, and the rule below applies to all of them.

Discovered
2002-12-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-02-26.

The Commission's schedule remark for this field reads: APPROVED.

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 Gas112008-08-18184701
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
CondensateDisposition22,981 bbl$1,620,348
GasProduction703,820 Mcf$3,738,871
Total$5,359,218

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 26.4447, -98.5902. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.44473, -98.59025 · 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
9,691 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 9,691 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-42734001C 179,691 ftApr 2007

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 (237)

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

237 months

May 20263234106.413.05$1,032
Apr 2026560698.932.87$2,234
Mar 202651,40089.753.15$4,858
Feb 202651,49363.503.75$5,917
Jan 202651,92259.138.00$15,668
Dec 202531,32356.664.41$6,009
Nov 202531,46758.593.93$5,936
Oct 202561,51359.383.30$5,357
Sep 202551,32962.743.08$4,403
Aug 202551,55863.933.01$5,017
Jul 202551,30866.743.32$4,670
Jun 202551,73066.483.13$5,745
May 202541,66460.553.23$5,621
Apr 202561,19062.363.54$4,590
Mar 2025101,03567.704.27$5,095
Feb 2025498470.884.34$4,555
Jan 202561,06374.324.28$4,994
Dec 202461,28768.993.12$4,431
Nov 202471,18869.052.20$3,095
Oct 2024141,24471.372.28$3,837
Sep 2024882669.612.36$2,510
Aug 20246394275.632.06$6,709
Jul 20246073079.932.15$6,363
Jun 20245997978.082.63$7,185
May 20243763578.812.20$4,312
Apr 20245369984.451.66$5,636
Mar 20241071,20880.301.55$10,459
Feb 20241081,20176.091.78$10,360
Jan 20241741,16473.023.30$16,544
Dec 20231531,15871.262.61$13,926
Nov 20235091277.892.81$6,455
Oct 20231221,06185.443.09$13,699
Sep 20231241,12189.042.74$14,107
Aug 202310894180.522.67$11,211
Jul 2023721,19074.852.64$8,533
Jun 2023901,14768.962.26$8,797
May 20231071,20970.622.23$10,249
Apr 2023921,39978.122.24$10,318
Mar 2023701,37272.852.39$8,383
Feb 20231281,20775.112.47$12,590
Jan 20231481,31176.533.39$15,768
Dec 2022931,62576.415.73$16,416
Nov 20221491,27385.005.65$19,853
Oct 2022751,51587.185.86$15,422
Sep 20222031,46184.888.16$29,158
Aug 20221591,77894.529.13$31,257
Jul 20221861,488101.587.54$30,117
Jun 20221081,435115.097.98$23,877
May 20222331,559109.378.43$38,630
Apr 20221181,905104.226.84$25,324
Mar 20222211,468108.885.08$31,515
Feb 20221801,60591.054.86$24,187
Jan 20221801,48481.844.54$21,465
Dec 20212511,77671.323.90$24,826
Nov 20212391,58877.435.24$26,822
Oct 20212051,76679.795.71$26,448
Sep 20212181,77769.865.35$24,738
Aug 20211551,82466.024.22$17,931
Jul 20213121,83370.783.98$29,383
Jun 20212311,19369.493.38$20,085
May 20211781,93263.483.02$17,130
Apr 20212611,79060.362.76$20,692
Mar 2021142,83761.302.72$8,566
Feb 202174,84657.805.55$27,290
Jan 2021135,42350.412.81$15,895
Dec 2020103,05344.642.68$8,615
Nov 202081,60538.772.71$4,654
Oct 202081,96636.972.48$5,168
Sep 2020101,55137.091.99$3,459
Aug 2020101,51039.982.39$4,001
Jul 2020111,59438.371.83$3,331
Jun 2020391,64034.901.69$4,133
May 202021,77816.921.81$3,260
Apr 2020251,44014.751.80$2,967
Mar 2020251,69330.341.86$3,901
Feb 2020231,64149.881.98$4,398
Jan 2020201,64457.252.09$4,589
Dec 2019271,48859.012.30$5,022
Nov 2019181,39555.302.75$4,833
Oct 2019321,83853.472.42$6,156
Sep 2019321,48555.052.66$5,708
Aug 2019331,61353.112.30$5,470
Jul 2019211,90456.272.46$5,866
Jun 2019191,74652.782.49$5,352
May 2019191,63458.482.74$5,589
Apr 2019561,75262.632.75$8,327
Mar 2019901,87556.803.06$10,853
Feb 2019371,44850.852.79$5,925
Jan 2019532,05846.033.23$9,083
Dec 2018482,20746.594.19$11,474
Nov 2018402,14452.934.24$11,202
Oct 2018411,77061.443.40$8,534
Sep 2018511,60759.543.11$8,031
Aug 2018521,68159.403.07$8,244
Jul 2018211,63965.142.93$6,173
Jun 2018391,63960.183.08$7,390
May 2018321,71165.382.90$7,055
Apr 2018381,45363.842.90$6,641
Mar 201801,88861.222.79$5,262
Feb 20183052061.782.77$3,292
Jan 2018301,66362.874.01$8,554
Dec 2017341,76957.272.92$7,115
Nov 2017311,92155.423.12$7,708
Oct 2017211,85849.292.98$6,579
Sep 2017261,52147.523.09$5,931
Aug 2017311,60645.373.00$6,232
Jul 2017262,02243.873.09$7,383
Jun 2017282,05142.493.09$7,522
May 2017272,11445.373.26$8,124
Apr 2017181,57447.933.21$5,918
Mar 2017141,34346.772.98$4,662
Feb 2017251,73650.452.95$6,387
Jan 2017231,87649.413.42$7,550
Dec 2016161,35748.763.72$5,832
Nov 201691,81742.492.64$5,187
Oct 2016201,31446.193.09$4,984
Sep 2016252,30641.553.10$8,189
Aug 2016132,51541.442.92$7,893
Jul 2016142,53941.622.92$8,008
Jun 201612,33345.352.69$6,311
May 201622,21042.521.99$4,485
Apr 201622,35636.561.99$4,764
Mar 201622,65433.011.79$4,827
Feb 201602,57726.472.06$5,318
Jan 201622,81327.352.36$6,706
Dec 201522,70832.362.00$5,485
Nov 201522,05038.792.17$4,521
Oct 2015281,92343.552.43$5,886
Sep 20153232942.992.76$2,283
Aug 20153022640.162.87$1,854
Jul 20152727648.152.95$2,113
Jun 20153473056.152.88$4,014
May 2015351,62755.212.96$6,741
Apr 2015232,36049.822.71$7,533
Mar 2015312,38742.892.93$8,335
Feb 2015421,95244.662.98$7,685
Jan 201542,60443.433.10$8,248
Dec 201442,59154.693.59$9,524
Nov 201432,58470.464.25$11,198
Oct 201432,55578.303.90$10,202
Sep 201431,89886.164.05$7,937
Aug 201432,91889.394.04$12,043
Jul 201473,07796.564.18$13,537
Jun 201401,89898.164.74$8,991
May 2014201,62694.734.73$9,580
Apr 2014273,01995.944.81$17,109
Mar 2014213,40195.895.06$19,212
Feb 201493,19597.406.19$20,660
Jan 201451,56890.404.86$8,074
Dec 2013102,67891.824.35$12,580
Nov 201333888.853.74$409
Oct 2013436397.423.78$1,762
Sep 20135371104.113.72$1,900
Aug 20135609104.253.52$2,667
Jul 20136950102.523.72$4,147
Jun 201351,22094.403.93$5,271
May 201352,70394.834.15$11,689
Apr 201332,72293.964.28$11,939
Mar 201322,40993.623.91$9,613
Feb 2013361,73291.233.42$9,208
Jan 2013642,01791.603.42$12,760
Dec 2012662,60186.773.42$14,623
Nov 2012572,71186.953.62$14,783
Oct 2012602,29589.383.40$13,165
Sep 2012702,80794.672.92$14,819
Aug 201251,59392.662.91$5,096
Jul 201242,75885.133.02$8,672
Jun 2012103,26079.822.52$9,010
May 201253,65091.612.49$9,540
Apr 201210595101.652.00$2,205
Mar 2012111,899105.052.22$5,375
Feb 2012101,969101.102.57$6,072
Jan 2012102,75098.092.73$8,500
Dec 2011102,75796.873.24$9,901
Nov 201192,42695.723.31$8,895
Oct 2011102,89784.983.65$11,420
Sep 201171,82783.623.99$7,867
Aug 2011112,69983.404.15$12,116
Jul 2011152,82794.144.52$14,182
Jun 2011592,82392.904.64$18,579
May 20111322,79298.134.40$25,251
Apr 2011662,839105.964.33$19,296
Mar 2011152,49496.364.06$11,564
Feb 2011122,05485.644.18$9,613
Jan 2011202,43986.504.59$12,922
Dec 2010163,07485.734.35$14,737
Nov 2010123,13680.843.80$12,872
Oct 2010133,06278.103.51$11,760
Sep 2010183,50372.633.98$15,247
Aug 2010233,70173.684.42$18,051
Jul 2010183,46972.554.74$17,737
Jun 2010123,28670.364.91$16,980
May 2010253,18271.124.24$15,254
Apr 2010442,41981.694.12$13,567
Mar 2010484,13578.394.39$21,910
Feb 2010263,33373.585.44$20,052
Jan 2010221,07174.365.96$8,023
Dec 2009453,00871.445.48$19,710
Nov 2009545,97274.593.75$26,432
Oct 2009253,73772.544.11$17,174
Sep 2009213,20465.543.06$11,196
Aug 2009354,24067.423.22$16,006
Jul 2009424,32961.133.46$17,565
Jun 2009474,26566.163.90$19,722
May 2009504,02454.743.93$18,534
Apr 2009414,57446.773.59$18,327
Mar 2009544,60242.144.06$20,955
Feb 2009514,44432.814.63$22,262
Jan 2009325,20735.865.37$29,114
Dec 2008315,36037.105.98$33,188
Nov 2008565,38255.496.86$40,030
Oct 2008396,20175.246.92$45,858
Sep 2008256,065101.767.88$50,319
Aug 2008296,688114.228.48$60,047
Jul 2008276,962131.0811.39$82,832
Jun 2008227,147131.3313.03$96,033
May 2008317,743123.1711.57$93,438
Apr 2008648,221110.3110.45$93,009
Mar 20081899,129101.909.66$107,482
Feb 20081898,48992.538.77$91,942
Jan 20082229,64490.388.21$99,200
Dec 200728110,25188.337.30$99,673
Nov 200720511,38991.677.29$101,838
Oct 20075535,83582.856.92$86,206
Sep 20071,21110,45575.846.24$157,125
Aug 20071,50215,26869.066.39$201,259
Jul 20071,70319,19270.906.39$243,340
Jun 20071,78418,53662.007.55$250,526
May 20072,75727,27958.747.85$375,985
Apr 200763812,59859.617.81$136,361
Mar 2007105456.927.30$964
Feb 20071063,28255.108.22$32,806
Jan 20071368,45850.306.73$63,737
Dec 200624319,50556.656.92$148,710
Nov 200657627,06154.207.62$237,356
Oct 20067573,59254.906.01$63,161
Sep 20061003,39560.085.04$23,109

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                  234 Mcf  × $  3.05 =       $713

────────────────────────────────────────────────────
Month total                                   $1,032

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/222859 is the state's own key, not one this site invented.