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 229960District 04Field 767215502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Apr 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
230
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 Gas112008-08-18184698
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
CondensateDisposition4,903 bbl$320,578
GasProduction377,463 Mcf$2,444,102
Total$2,764,680

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 26.4411, -98.5907. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.44113, -98.59075 · 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
9,423 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 9,423 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-42734071C 189,423 ftFeb 2013

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 (230)

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

230 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 20212071.323.90$143
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 20211069.493.38$69
May 202111663.483.02$112
Apr 202111860.362.76$110
Mar 202115661.302.72$213
Feb 202113957.805.55$274
Jan 202122650.412.81$174
Dec 202028744.642.68$322
Nov 202018438.772.71$266
Oct 202027836.972.48$267
Sep 202027737.091.99$227
Aug 202025539.982.39$211
Jul 2020227938.371.83$586
Jun 2020730634.901.69$762
May 2020018416.921.81$334
Apr 202057014.751.80$200
Mar 2020420130.341.86$494
Feb 2020351249.881.98$1,164
Jan 2020359357.252.09$1,414
Dec 2019316159.012.30$548
Nov 2019340855.302.75$1,288
Oct 2019649253.472.42$1,511
Sep 2019653755.052.66$1,757
Aug 2019739653.112.30$1,284
Jul 2019424556.272.46$828
Jun 2019439852.782.49$1,203
May 2019421058.482.74$809
Apr 20191117462.632.75$1,168
Mar 20191858456.803.06$2,811
Feb 2019756850.852.79$1,942
Jan 20191163246.033.23$2,547
Dec 20181066346.594.19$3,241
Nov 20182068152.934.24$3,944
Oct 20182073161.443.40$3,713
Sep 20182569859.543.11$3,658
Aug 20182672259.403.07$3,758
Jul 20181163765.142.93$2,584
Jun 20182063660.183.08$3,161
May 20181670165.382.90$3,080
Apr 20181972163.842.90$3,304
Mar 2018068361.222.79$1,903
Feb 20181464761.782.77$2,655
Jan 20181571962.874.01$3,826
Dec 20171776757.272.92$3,214
Nov 20171569255.423.12$2,989
Oct 20171079149.292.98$2,853
Sep 20171389447.523.09$3,378
Aug 20171763145.373.00$2,667
Jul 20171381743.873.09$3,093
Jun 20171478542.493.09$3,018
May 20171481045.373.26$3,279
Apr 2017983547.933.21$3,113
Mar 2017884446.772.98$2,892
Feb 20171372250.452.95$2,788
Jan 20171284149.413.42$3,468
Dec 2016678648.763.72$3,219
Nov 2016179842.492.64$2,153
Oct 2016279546.193.09$2,549
Sep 2016281141.553.10$2,598
Aug 2016085841.442.92$2,509
Jul 2016091441.622.92$2,673
Jun 2016090245.352.69$2,423
May 2016096342.521.99$1,917
Apr 2016090036.561.99$1,792
Mar 2016098433.011.79$1,765
Feb 2016082926.472.06$1,711
Jan 201601,05127.352.36$2,485
Dec 201501,03832.362.00$2,077
Nov 2015074438.792.17$1,612
Oct 2015089143.552.43$2,162
Sep 2015088042.992.76$2,427
Aug 2015094840.162.87$2,723
Jul 2015097148.152.95$2,860
Jun 2015093556.152.88$2,695
May 201501,00155.212.96$2,958
Apr 2015098349.822.71$2,661
Mar 201501,02642.892.93$3,011
Feb 2015094044.662.98$2,798
Jan 201501,05543.433.10$3,271
Dec 201401,37754.693.59$4,945
Nov 2014131,13370.464.25$5,733
Oct 2014131,21078.303.90$5,738
Sep 2014161,19186.164.05$6,197
Aug 2014141,25089.394.04$6,295
Jul 2014141,28896.564.18$6,735
Jun 2014171,26998.164.74$7,680
May 2014171,33694.734.73$7,925
Apr 2014231,29795.944.81$8,444
Mar 2014181,38295.895.06$8,715
Feb 2014271,45297.406.19$11,621
Jan 20141390490.404.86$5,569
Dec 201321,50591.824.35$6,737
Nov 201311,50888.853.74$5,726
Oct 201321,60397.423.78$6,253
Sep 201321,601104.113.72$6,160
Aug 201301,846104.253.52$6,503
Jul 201332,316102.523.72$8,918
Jun 201302,66194.403.93$10,467
May 201302,47394.834.15$10,261
Apr 201301,92993.964.28$8,261
Mar 201302,28493.623.91$8,937
Feb 2013284991.233.42$3,086
Jan 2013299391.603.42$3,579
Dec 201221,09386.773.42$3,912
Nov 201221,11386.953.62$4,208
Oct 201201,16289.383.40$3,950
Sep 201221,19794.672.92$3,683
Aug 201201,20392.662.91$3,499
Jul 201201,30985.133.02$3,954
Jun 201201,41079.822.52$3,552
May 201201,18991.612.49$2,959
Apr 201221,301101.652.00$2,801
Mar 201221,342105.052.22$3,192
Feb 201221,280101.102.57$3,492
Jan 201221,47098.092.73$4,215
Dec 201121,39696.873.24$4,716
Nov 201121,41895.723.31$4,887
Oct 201121,53884.983.65$5,781
Sep 201121,50983.623.99$6,182
Aug 201121,64183.404.15$6,976
Jul 201131,74494.144.52$8,160
Jun 201131,76292.904.64$8,454
May 201121,88098.134.40$8,477
Apr 201111,880105.964.33$8,253
Mar 201112,01396.364.06$8,264
Feb 201111,86585.644.18$7,881
Jan 201112,06886.504.59$9,576
Dec 201012,15885.734.35$9,468
Nov 201002,20580.843.80$8,369
Oct 201002,42878.103.51$8,520
Sep 201012,54472.633.98$10,196
Aug 201012,83273.684.42$12,589
Jul 201013,21172.554.74$15,281
Jun 201003,75670.364.91$18,443
May 201003,79071.124.24$16,051
Apr 201001381.694.12$54
Mar 201006478.394.39$281
Feb 201005273.585.44$283
Jan 201001674.365.96$95
Dec 200902371.445.48$126
Nov 200902674.593.75$98
Oct 200901572.544.11$62
Sep 200901465.543.06$43
Aug 200902167.423.22$68
Jul 200904761.133.46$163
Jun 200902566.163.90$97
May 20090854.743.93$31
Apr 20090046.773.59$0
Mar 200901042.144.06$41
Feb 20090632.814.63$28
Jan 200903235.865.37$172
Dec 200805237.105.98$311
Nov 200805855.496.86$398
Oct 2008013575.246.92$934
Sep 20080261101.767.88$2,056
Aug 20080290114.228.48$2,460
Jul 20085781131.0811.39$9,551
Jun 20085410,995131.3313.03$150,386
May 200822017,597123.1711.57$230,770
Apr 2008817,266110.3110.45$84,900
Mar 200802,584101.909.66$24,972
Feb 200802,66392.538.77$23,356
Jan 200803,45390.388.21$28,334
Dec 200703,98188.337.30$29,069
Nov 200704,59891.677.29$33,527
Oct 200702,75882.856.92$19,091
Sep 200715,16575.846.24$32,327
Aug 200789,16669.066.39$59,104
Jul 20077414,74770.906.39$99,450
Jun 200792535,83462.007.55$327,841
May 20072,24373,98558.747.85$712,261
Apr 200756538,20159.617.81$331,846

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.

Dec 2021 — as filed, then multipliedworked
Condensate             2 bbl  × $ 71.32 =       $143
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                     $143

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/229960 is the state's own key, not one this site invented.