BILLINGS

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 232290District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Oct 2007 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
224
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 Gas112008-08-18184865
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
CondensateDisposition6,088 bbl$504,197
GasProduction583,528 Mcf$2,957,880
Total$3,462,077

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 27.6269, -98.8491. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62686, -98.84914 · 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
10,757 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 10,757 ft.

Completions filed
Sep 2010
1 of 1 wells

1 well

42-479397248H10,757 ftSep 2010

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 (224)

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

224 months

May 202601,336106.413.05$4,069
Apr 202601,25198.932.87$3,590
Mar 202601,42589.753.15$4,488
Feb 202601,04763.503.75$3,927
Jan 2026087459.138.00$6,990
Dec 2025093156.664.41$4,109
Nov 2025086258.593.93$3,385
Oct 202501,22159.383.30$4,035
Sep 202501,44162.743.08$4,434
Aug 202511,08263.933.01$3,326
Jul 202501,05766.743.32$3,504
Jun 2025183766.483.13$2,685
May 202511,09860.553.23$3,610
Apr 202501,05162.363.54$3,724
Mar 202501,20067.704.27$5,122
Feb 202511,04170.884.34$4,590
Jan 202501,06274.324.28$4,544
Dec 202411,46368.993.12$4,636
Nov 202411,45969.052.20$3,277
Oct 202401,35371.372.28$3,087
Sep 202411,48669.612.36$3,583
Aug 202401,28275.632.06$2,646
Jul 2024180379.932.15$1,804
Jun 2024161078.082.63$1,685
May 2024191378.812.20$2,086
Apr 2024174184.451.66$1,314
Mar 2024380080.301.55$1,477
Feb 2024025676.091.78$457
Jan 2024135773.023.30$1,250
Dec 2023127871.262.61$797
Nov 2023216677.892.81$622
Oct 2023735785.443.09$1,700
Sep 2023721189.042.74$1,200
Aug 2023723080.522.67$1,178
Jul 2023419174.852.64$804
Jun 2023431268.962.26$980
May 20231024870.622.23$1,259
Apr 2023729478.122.24$1,205
Mar 2023712272.852.39$802
Feb 20231035475.112.47$1,624
Jan 2023424676.533.39$1,140
Dec 20221410476.415.73$1,666
Nov 20221032585.005.65$2,685
Oct 2022732887.185.86$2,534
Sep 202278784.888.16$1,304
Aug 2022730994.529.13$3,482
Jul 20227262101.587.54$2,687
Jun 20227275115.097.98$2,999
May 202214387109.378.43$4,795
Apr 20224321104.226.84$2,612
Mar 20227144108.885.08$1,493
Feb 20221430091.054.86$2,732
Jan 2022727381.844.54$1,812
Dec 2021720771.323.90$1,306
Nov 2021433677.435.24$2,069
Oct 20211036379.795.71$2,872
Sep 20211114269.865.35$1,528
Aug 2021733966.024.22$1,893
Jul 2021715570.783.98$1,113
Jun 2021109869.493.38$1,026
May 2021712863.483.02$831
Apr 2021740060.362.76$1,526
Mar 2021431661.302.72$1,104
Feb 20211111457.805.55$1,268
Jan 2021713350.412.81$727
Dec 2020744544.642.68$1,503
Nov 20201438938.772.71$1,596
Oct 2020750636.972.48$1,513
Sep 2020416937.091.99$485
Aug 20201174739.982.39$2,221
Jul 20201118338.371.83$756
Jun 20201117734.901.69$683
May 2020470716.921.81$1,351
Apr 2020751314.751.80$1,029
Mar 2020052630.341.86$976
Feb 2020010049.881.98$198
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201951255.302.75$310
Oct 2019161753.472.42$897
Sep 20191665555.052.66$2,621
Aug 20191133853.112.30$1,363
Jul 20191039356.272.46$1,530
Jun 20191065952.782.49$2,170
May 20191763958.482.74$2,745
Apr 20191016762.632.75$1,086
Mar 20191177056.803.06$2,983
Feb 20191121350.852.79$1,154
Jan 20192791946.033.23$4,210
Dec 20181720046.594.19$1,629
Nov 2018261252.934.24$1,427
Oct 20181830761.443.40$2,149
Sep 2018940559.543.11$1,795
Aug 20181856359.403.07$2,796
Jul 20181745865.142.93$2,450
Jun 2018869060.183.08$2,605
May 20181266065.382.90$2,699
Apr 20182579363.842.90$3,896
Mar 20183384861.222.79$4,384
Feb 20182776761.782.77$3,790
Jan 2018992762.874.01$4,282
Dec 20171881057.272.92$3,397
Nov 2017151,29455.423.12$4,866
Oct 2017321,59249.292.98$6,327
Sep 2017251,93047.523.09$7,146
Aug 2017331,77645.373.00$6,833
Jul 2017321,89943.873.09$7,267
Jun 2017161,59642.493.09$5,607
May 2017241,84045.373.26$7,094
Apr 2017251,62347.933.21$6,411
Mar 201701,78746.772.98$5,332
Feb 201701,83850.452.95$5,427
Jan 201702,13649.413.42$7,303
Dec 201601,87248.763.72$6,969
Nov 201602,02442.492.64$5,352
Oct 201602,16246.193.09$6,681
Sep 201601,93841.553.10$6,009
Aug 2016332,30341.442.92$8,102
Jul 2016152,25241.622.92$7,210
Jun 2016222,15745.352.69$6,791
May 2016302,43442.521.99$6,122
Apr 2016202,42336.561.99$5,555
Mar 201682,47333.011.79$4,701
Feb 201652,42426.472.06$5,135
Jan 201672,64527.352.36$6,445
Dec 201562,68232.362.00$5,562
Nov 201592,62938.792.17$6,047
Oct 201562,74943.552.43$6,932
Sep 201592,59742.992.76$7,551
Aug 201572,77840.162.87$8,261
Jul 201542,74848.152.95$8,286
Jun 201562,58756.152.88$7,795
May 201562,55755.212.96$7,888
Apr 201562,65549.822.71$7,485
Mar 201582,79042.892.93$8,531
Feb 201552,64044.662.98$8,080
Jan 2015132,96943.433.10$9,770
Dec 2014233,04154.693.59$12,179
Nov 2014112,80470.464.25$12,697
Oct 2014192,76378.303.90$12,266
Sep 2014122,38986.164.05$10,698
Aug 2014142,51289.394.04$11,388
Jul 2014142,61096.564.18$12,261
Jun 201452,48798.164.74$12,271
May 201462,49794.734.73$12,371
Apr 201472,39695.944.81$12,194
Mar 201462,52795.895.06$13,354
Feb 201462,29297.406.19$14,776
Jan 201472,61190.404.86$13,324
Dec 201352,63991.824.35$11,951
Nov 201342,64288.853.74$10,232
Oct 201342,76397.423.78$10,832
Sep 201332,774104.113.72$10,625
Aug 201332,849104.253.52$10,349
Jul 201342,800102.523.72$10,820
Jun 201342,54394.403.93$10,380
May 201342,90894.834.15$12,445
Apr 201352,87993.964.28$12,799
Mar 201332,98393.623.91$11,953
Feb 201362,63691.233.42$9,562
Jan 201343,02091.603.42$10,695
Dec 201273,06986.773.42$11,104
Nov 201283,10686.953.62$11,955
Oct 201263,12389.383.40$11,153
Sep 201263,16494.672.92$9,802
Aug 201283,25492.662.91$10,204
Jul 201293,25385.133.02$10,593
Jun 2012133,22179.822.52$9,151
May 2012143,41991.612.49$9,790
Apr 2012143,465101.652.00$8,342
Mar 2012173,436105.052.22$9,421
Feb 2012143,377101.102.57$10,095
Jan 2012153,46098.092.73$10,931
Dec 2011103,72896.873.24$13,046
Nov 201183,68795.723.31$12,974
Oct 201183,78384.983.65$14,482
Sep 201163,79583.623.99$15,628
Aug 201173,98383.404.15$17,111
Jul 201194,02094.144.52$19,007
Jun 2011103,94592.904.64$19,233
May 2011134,17898.134.40$19,679
Apr 2011114,090105.964.33$18,889
Mar 2011114,36696.364.06$18,774
Feb 2011113,98185.644.18$17,583
Jan 2011134,71386.504.59$22,751
Dec 2010154,68785.734.35$21,664
Nov 2010164,29280.843.80$17,583
Oct 2010175,23378.103.51$19,690
Sep 2010174,95472.633.98$20,949
Aug 2010144,51973.684.42$21,003
Jul 2010144,60272.554.74$22,813
Jun 201024,51570.364.91$22,311
May 201024,79071.124.24$20,429
Apr 201024,61581.694.12$19,190
Mar 201044,99278.394.39$22,222
Feb 201084,07073.585.44$22,739
Jan 201034,40674.365.96$26,501
Dec 200934,56371.445.48$25,237
Nov 200934,43174.593.75$16,847
Oct 200954,71572.544.11$19,743
Sep 200974,65565.543.06$14,725
Aug 200975,58167.423.22$18,434
Jul 2009505,26961.133.46$21,311
Jun 2009905,19766.163.90$26,197
May 20091025,23554.743.93$26,135
Apr 2009975,78346.773.59$25,283
Mar 20091495,41642.144.06$28,262
Feb 20091005,25632.814.63$27,632
Jan 2009945,92335.865.37$35,183
Dec 2008286,06837.105.98$37,308
Nov 2008266,02955.496.86$42,804
Oct 2008206,72875.246.92$48,076
Sep 2008216,534101.767.88$53,606
Aug 2008457,451114.228.48$68,347
Jul 20081657,202131.0811.39$103,655
Jun 20081716,426131.3313.03$106,205
May 20082438,170123.1711.57$124,492
Apr 20082139,037110.3110.45$117,977
Mar 200826410,906101.909.66$132,298
Feb 200829111,37492.538.77$126,683
Jan 200836914,03390.388.21$148,501
Dec 200763620,87888.337.30$208,628
Nov 200781732,48791.677.29$311,780
Oct 200736525,84882.856.92$209,160

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                1,336 Mcf  × $  3.05 =     $4,069

────────────────────────────────────────────────────
Month total                                   $4,069

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/232290 is the state's own key, not one this site invented.