CABEZON

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 231177District 04Field 999305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Jul 2007 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
227
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 Gas112008-08-18184867
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
CondensateDisposition15,223 bbl$1,386,331
GasProduction729,747 Mcf$4,277,846
Total$5,664,177

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 27.3358, -99.0791. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.33580, -99.07907 · 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
9,245 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 9,245 ft.

Completions filed
Sep 2007
1 of 1 wells

1 well

42-479398589H9,245 ftSep 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 (227)

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

227 months

May 20260622106.413.05$1,895
Apr 2026057098.932.87$1,636
Mar 2026065589.753.15$2,063
Feb 2026069763.503.75$2,614
Jan 2026065359.138.00$5,223
Dec 2025090056.664.41$3,972
Nov 2025081958.593.93$3,216
Oct 2025045359.383.30$1,497
Sep 2025070062.743.08$2,154
Aug 2025074763.933.01$2,252
Jul 202501,10066.743.32$3,647
Jun 202501,15966.483.13$3,626
May 2025039160.553.23$1,264
Apr 2025099362.363.54$3,518
Mar 2025030867.704.27$1,315
Feb 2025048670.884.34$2,110
Jan 2025021474.324.28$916
Dec 2024051068.993.12$1,592
Nov 2024065269.052.20$1,433
Oct 2024068071.372.28$1,551
Sep 2024090869.612.36$2,147
Aug 2024031775.632.06$654
Jul 2024062879.932.15$1,348
Jun 202401,28078.082.63$3,371
May 2024070578.812.20$1,550
Apr 2024059484.451.66$986
Mar 2024063680.301.55$983
Feb 202401,40076.091.78$2,497
Jan 20240073.023.30$0
Dec 2023067171.262.61$1,752
Nov 2023058477.892.81$1,640
Oct 2023083385.443.09$2,572
Sep 202301,00489.042.74$2,746
Aug 202301,01080.522.67$2,700
Jul 2023059674.852.64$1,575
Jun 2023061168.962.26$1,380
May 2023069370.622.23$1,544
Apr 2023094478.122.24$2,112
Mar 2023071772.852.39$1,716
Feb 202305475.112.47$133
Jan 2023060576.533.39$2,050
Dec 2022060676.415.73$3,472
Nov 202208785.005.65$491
Oct 2022050287.185.86$2,944
Sep 2022060584.888.16$4,939
Aug 2022066694.529.13$6,079
Jul 20220536101.587.54$4,043
Jun 20220771115.097.98$6,150
May 20220732109.378.43$6,173
Apr 20220578104.226.84$3,952
Mar 20220634108.885.08$3,218
Feb 2022041691.054.86$2,021
Jan 2022045381.844.54$2,056
Dec 2021057071.323.90$2,223
Nov 2021044977.435.24$2,351
Oct 2021067679.795.71$3,863
Sep 2021065669.865.35$3,510
Aug 2021068366.024.22$2,883
Jul 2021062170.783.98$2,473
Jun 2021056169.493.38$1,897
May 2021066163.483.02$1,995
Apr 2021051060.362.76$1,407
Mar 2021048361.302.72$1,312
Feb 2021050257.805.55$2,785
Jan 2021044550.412.81$1,251
Dec 2020058844.642.68$1,573
Nov 2020058838.772.71$1,591
Oct 2020065736.972.48$1,628
Sep 2020071337.091.99$1,420
Aug 2020075539.982.39$1,801
Jul 2020082038.371.83$1,497
Jun 2020074734.901.69$1,263
May 2020099016.921.81$1,797
Apr 2020062514.751.80$1,128
Mar 2020063630.341.86$1,181
Feb 2020068849.881.98$1,363
Jan 2020053857.252.09$1,127
Dec 2019071359.012.30$1,643
Nov 2019051055.302.75$1,403
Oct 2019068453.472.42$1,654
Sep 2019176155.052.66$2,077
Aug 2019072653.112.30$1,673
Jul 2019079256.272.46$1,948
Jun 2019075252.782.49$1,873
May 2019075958.482.74$2,080
Apr 2019085662.632.75$2,355
Mar 2019086856.803.06$2,658
Feb 2019068750.852.79$1,918
Jan 2019074946.033.23$2,418
Dec 2018039346.594.19$1,645
Nov 2018073452.934.24$3,110
Oct 2018048161.443.40$1,634
Sep 2018065759.543.11$2,042
Aug 2018067959.403.07$2,082
Jul 2018085865.142.93$2,516
Jun 2018062860.183.08$1,932
May 2018079865.382.90$2,315
Apr 2018059063.842.90$1,711
Mar 201801,20561.222.79$3,358
Feb 201801,46861.782.77$4,061
Jan 201801,37162.874.01$5,497
Dec 2017093657.272.92$2,735
Nov 201701,06455.423.12$3,318
Oct 2017084649.292.98$2,524
Sep 201701,15047.523.09$3,550
Aug 201701,20545.373.00$3,620
Jul 201701,64543.873.09$5,079
Jun 201701,32142.493.09$4,078
May 201701,47845.373.26$4,823
Apr 201701,51947.933.21$4,878
Mar 201701,28146.772.98$3,822
Feb 201721,91350.452.95$5,749
Jan 201702,33249.413.42$7,973
Dec 201602,50548.763.72$9,326
Nov 2016080942.492.64$2,139
Oct 2016086946.193.09$2,685
Sep 2016088441.553.10$2,741
Aug 2016073641.442.92$2,152
Jul 201621,08741.622.92$3,262
Jun 201621,05245.352.69$2,916
May 201601,09842.521.99$2,186
Apr 2016273536.561.99$1,537
Mar 201621,03533.011.79$1,923
Feb 2016087426.472.06$1,804
Jan 2016411,38527.352.36$4,396
Dec 2015521,78332.362.00$5,251
Nov 2015351,92638.792.17$5,532
Oct 2015331,65443.552.43$5,451
Sep 2015531,71642.992.76$7,012
Aug 2015141,62240.162.87$5,221
Jul 201561,38548.152.95$4,368
Jun 201551,63056.152.88$4,980
May 201551,37855.212.96$4,349
Apr 2015121,59649.822.71$4,918
Mar 2015201,90142.892.93$6,437
Feb 201571,77144.662.98$5,583
Jan 201591,87943.433.10$6,217
Dec 201441,85154.693.59$6,866
Nov 201432,09970.464.25$9,136
Oct 201451,81978.303.90$7,487
Sep 201461,85186.164.05$8,005
Aug 201451,89389.394.04$8,085
Jul 201452,21396.564.18$9,732
Jun 2014102,12198.164.74$11,029
May 201492,33094.734.73$11,865
Apr 2014141,66395.944.81$9,341
Mar 201452,12295.895.06$11,210
Feb 201482,14097.406.19$14,030
Jan 2014222,59690.404.86$14,607
Dec 2013142,26291.824.35$11,135
Nov 2013131,83988.853.74$8,030
Oct 2013321,85597.423.78$10,128
Sep 2013112,285104.113.72$9,640
Aug 2013202,144104.253.52$9,637
Jul 201373,078102.523.72$12,161
Jun 2013131,64694.403.93$7,702
May 201351,64994.834.15$7,316
Apr 201392,26493.964.28$10,541
Mar 201392,08593.623.91$9,001
Feb 2013122,60491.233.42$10,000
Jan 2013202,99591.603.42$12,075
Dec 2012182,94586.773.42$11,634
Nov 2012122,78186.953.62$11,124
Oct 2012132,58789.383.40$9,957
Sep 2012122,88794.672.92$9,561
Aug 2012342,39992.662.91$10,127
Jul 2012492,32685.133.02$11,198
Jun 20121502,67179.822.52$18,701
May 2012523,10991.612.49$12,500
Apr 20121033,373101.652.00$17,205
Mar 20121553,453105.052.22$23,956
Feb 20121543,097101.102.57$23,529
Jan 2012583,40098.092.73$14,985
Dec 201193,94296.873.24$13,643
Nov 201122,42995.723.31$8,235
Oct 201162,35284.983.65$9,091
Sep 2011183,31583.623.99$14,718
Aug 2011372,88983.404.15$15,073
Jul 2011743,30694.144.52$21,900
Jun 2011512,87392.904.64$18,068
May 2011963,53998.134.40$25,009
Apr 2011693,851105.964.33$23,999
Mar 2011663,23796.364.06$19,493
Feb 201133,15185.644.18$13,428
Jan 201153,36486.504.59$15,869
Dec 201053,10485.734.35$13,924
Nov 201073,42080.843.80$13,546
Oct 2010104,65778.103.51$17,122
Sep 201093,83272.633.98$15,903
Aug 201094,38473.684.42$20,038
Jul 201064,09572.554.74$19,831
Jun 201033,81870.364.91$18,959
May 201073,93371.124.24$17,155
Apr 201034,06181.694.12$16,987
Mar 201043,76778.394.39$16,846
Feb 201054,19073.585.44$23,171
Jan 201015,76674.365.96$34,463
Dec 200914,46971.445.48$24,578
Nov 200914,09674.593.75$15,441
Oct 200915,33272.544.11$21,988
Sep 200925,12365.543.06$15,832
Aug 200915,85567.423.22$18,912
Jul 200927,24261.133.46$25,212
Jun 200945,86166.163.90$23,093
May 200937,13954.743.93$28,190
Apr 200936,08946.773.59$21,985
Mar 200947,64142.144.06$31,183
Feb 200946,34132.814.63$29,509
Jan 2009589,66035.865.37$53,964
Dec 200814012,68037.105.98$80,984
Nov 200815110,07655.496.86$77,504
Oct 20081247,58075.246.92$61,798
Sep 2008887,981101.767.88$71,822
Aug 200812411,479114.228.48$111,540
Jul 200834113,736131.0811.39$201,143
Jun 200840512,886131.3313.03$221,127
May 20085769,750123.1711.57$183,795
Apr 200887718,836110.3110.45$293,670
Mar 200875924,851101.909.66$317,504
Feb 200858914,98392.538.77$185,910
Jan 20081,02123,43490.388.21$284,571
Dec 20071,59028,12488.337.30$345,805
Nov 20071,12734,68791.677.29$356,239
Oct 20075,348107,35982.856.92$1,186,219
Sep 2007024,18475.846.24$151,009
Aug 20070069.066.39$0
Jul 20070070.906.39$0

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                  622 Mcf  × $  3.05 =     $1,895

────────────────────────────────────────────────────
Month total                                   $1,895

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/231177 is the state's own key, not one this site invented.