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 237464District 04Field 999305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Apr 2008 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
218
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 Gas112009-04-16188351
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
CondensateDisposition27,731 bbl$2,418,582
GasProduction655,574 Mcf$3,651,697
Total$6,070,279

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 27.3485, -99.0641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34855, -99.06413 · 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
9,260 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 9,260 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-4794008312H9,260 ftApr 2008

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 (218)

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

218 months

May 2026046106.413.05$140
Apr 202601398.932.87$37
Mar 202618389.753.15$1,625
Feb 20260063.503.75$0
Jan 20260259.138.00$16
Dec 20250756.664.41$31
Nov 202503058.593.93$118
Oct 2025016059.383.30$529
Sep 20250062.743.08$0
Aug 202502163.933.01$63
Jul 202503266.743.32$106
Jun 202505066.483.13$156
May 2025353560.553.23$2,232
Apr 202505762.363.54$202
Mar 20250067.704.27$0
Feb 2025026970.884.34$1,168
Jan 202506874.324.28$291
Dec 202407268.993.12$225
Nov 20245110869.052.20$3,759
Oct 2024012771.372.28$290
Sep 2024505269.612.36$3,603
Aug 202401475.632.06$29
Jul 202409079.932.15$193
Jun 20240078.082.63$0
May 2024021778.812.20$477
Apr 20245014684.451.66$4,465
Mar 2024047680.301.55$735
Feb 2024021876.091.78$389
Jan 20240073.023.30$0
Dec 2023814571.262.61$5,890
Nov 202305277.892.81$146
Oct 202306985.443.09$213
Sep 2023949089.042.74$8,616
Aug 202306380.522.67$168
Jul 20238880874.852.64$8,721
Jun 202309668.962.26$217
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20238717172.852.39$6,747
Feb 202388075.112.47$6,610
Jan 202309876.533.39$332
Dec 202214515376.415.73$11,956
Nov 20220085.005.65$0
Oct 202209487.185.86$551
Sep 2022015584.888.16$1,265
Aug 20221768894.529.13$17,439
Jul 2022096101.587.54$724
Jun 2022068115.097.98$542
May 2022094109.378.43$793
Apr 2022047104.226.84$321
Mar 20220135108.885.08$685
Feb 2022017791.054.86$860
Jan 2022047881.844.54$2,169
Dec 202118645671.323.90$15,044
Nov 2021053377.435.24$2,791
Oct 202118833179.795.71$16,892
Sep 2021034969.865.35$1,867
Aug 202101,58666.024.22$6,694
Jul 20211851,88470.783.98$20,597
Jun 202101,79469.493.38$6,065
May 202101,93963.483.02$5,851
Apr 20211862,45360.362.76$17,993
Mar 20211853,29761.302.72$20,298
Feb 202103,97157.805.55$22,031
Jan 2021011350.412.81$318
Dec 202005044.642.68$134
Nov 202006338.772.71$171
Oct 20206914836.972.48$2,918
Sep 2020010837.091.99$215
Aug 2020047939.982.39$1,142
Jul 20208913438.371.83$3,660
Jun 20208854434.901.69$3,991
May 2020030316.921.81$550
Apr 2020050714.751.80$915
Mar 2020901,15430.341.86$4,873
Feb 20201802,08649.881.98$13,110
Jan 202002,01957.252.09$4,229
Dec 2019092259.012.30$2,125
Nov 2019901,12955.302.75$8,083
Oct 201902,09653.472.42$5,069
Sep 2019902,07255.052.66$10,460
Aug 201902,69553.112.30$6,210
Jul 201901,76656.272.46$4,344
Jun 2019901,06252.782.49$7,396
May 2019922,17358.482.74$11,335
Apr 201902,90262.632.75$7,983
Mar 20199647456.803.06$6,904
Feb 2019961,63750.852.79$9,452
Jan 20191962,32446.033.23$16,524
Dec 201801,83646.594.19$7,684
Nov 20181052,91552.934.24$17,909
Oct 201802,28961.443.40$7,778
Sep 20181058659.543.11$6,519
Aug 2018079259.403.07$2,429
Jul 20181051,46765.142.93$11,141
Jun 20181042,36660.183.08$13,539
May 20181052,52565.382.90$14,189
Apr 201801,43963.842.90$4,174
Mar 20181052,63561.222.79$13,771
Feb 20181072,22061.782.77$12,751
Jan 20182102,49662.874.01$23,210
Dec 20171062,58657.272.92$13,626
Nov 20171002,62955.423.12$13,740
Oct 201702,79849.292.98$8,348
Sep 20171882,75047.523.09$17,424
Aug 2017993,00645.373.00$13,523
Jul 2017993,21243.873.09$14,259
Jun 20171523,51842.493.09$17,320
May 2017742,87445.373.26$12,736
Apr 2017782,50647.933.21$11,787
Mar 2017672,96646.772.98$11,983
Feb 201733,56750.452.95$10,683
Jan 201707,00549.413.42$23,949
Dec 201602,01348.763.72$7,494
Nov 2016016742.492.64$442
Oct 2016020546.193.09$634
Sep 2016013241.553.10$409
Aug 201607541.442.92$219
Jul 201658341.622.92$451
Jun 2016214745.352.69$486
May 201601442.521.99$28
Apr 201667636.561.99$371
Mar 20163018933.011.79$1,329
Feb 2016055826.472.06$1,152
Jan 2016831,33427.352.36$5,424
Dec 2015371,65432.362.00$4,508
Nov 20154752038.792.17$2,950
Oct 20155886543.552.43$4,625
Sep 20151461,27442.992.76$9,791
Aug 20151182,67540.162.87$12,423
Jul 2015543,25448.152.95$12,183
Jun 2015613,26656.152.88$12,841
May 2015633,60555.212.96$14,133
Apr 20151094,13049.822.71$16,609
Mar 20151082,81942.892.93$12,905
Feb 2015491,53844.662.98$6,766
Jan 20151243,39543.433.10$15,912
Dec 2014561,49954.693.59$8,446
Nov 2014891,14970.464.25$11,156
Oct 20141802,95478.303.90$25,617
Sep 20141611,71986.164.05$20,826
Aug 2014172,33189.394.04$10,925
Jul 2014142,81696.564.18$13,122
Jun 2014261,98998.164.74$11,974
May 2014322,33394.734.73$14,058
Apr 2014393,09295.944.81$18,611
Mar 2014142,91495.895.06$16,078
Feb 2014482,70297.406.19$21,406
Jan 20141483,41390.404.86$29,969
Dec 20131243,58691.824.35$27,001
Nov 20131283,58088.853.74$24,756
Oct 20131084,22197.423.78$26,474
Sep 2013282,764104.113.72$13,191
Aug 20131853,248104.253.52$30,728
Jul 20131083,634102.523.72$24,582
Jun 20132453,47994.403.93$36,812
May 2013623,52894.834.15$20,517
Apr 2013943,12593.964.28$22,215
Mar 20131052,23493.623.91$18,571
Feb 20131064,46591.233.42$24,940
Jan 20131582,43291.603.42$22,790
Dec 20121903,59886.773.42$28,792
Nov 20121504,05686.953.62$27,745
Oct 20121634,26389.383.40$29,062
Sep 20121684,80794.672.92$29,933
Aug 20122034,85492.662.91$32,926
Jul 2012383,00085.133.02$12,297
Jun 20121213,59779.822.52$18,719
May 2012424,37991.612.49$14,744
Apr 2012924,331101.652.00$18,000
Mar 20121145,281105.052.22$23,711
Feb 2012913,096101.102.57$17,158
Jan 2012893,43998.092.73$18,133
Dec 20113204,11296.873.24$44,320
Nov 20111302,94295.723.31$22,185
Oct 20111724,16384.983.65$29,805
Sep 2011952,90783.623.99$19,531
Aug 2011633,94083.404.15$21,603
Jul 20111132,80094.144.52$23,286
Jun 2011883,26692.904.64$23,329
May 20111603,66498.134.40$31,840
Apr 20111343,988105.964.33$31,480
Mar 20111503,99496.364.06$30,659
Feb 20111113,21385.644.18$22,936
Jan 20111753,94286.504.59$33,226
Dec 20101834,51085.734.35$35,297
Nov 20102524,93980.843.80$39,117
Oct 20103126,16578.103.51$46,000
Sep 20101563,40372.633.98$24,872
Aug 20102492,66273.684.42$30,111
Jul 20102454,49872.554.74$39,079
Jun 20101243,80970.364.91$27,428
May 20102944,76571.124.24$41,090
Apr 20101554,27581.694.12$30,286
Mar 20101794,43178.394.39$33,478
Feb 20103285,51673.585.44$54,154
Jan 20101434,84674.365.96$39,535
Dec 20091726,18671.445.48$46,210
Nov 20092005,76874.593.75$36,557
Oct 20091106,69972.544.11$35,514
Sep 20092226,00865.543.06$32,963
Aug 20091397,33567.423.22$32,979
Jul 20091318,37961.133.46$37,037
Jun 2009488,56966.163.90$36,552
May 20093810,50454.743.93$43,316
Apr 2009357,22746.773.59$27,564
Mar 2009429,94642.144.06$42,141
Feb 2009377,28332.814.63$34,956
Jan 200931711,80735.865.37$74,783
Dec 200873513,10837.105.98$105,617
Nov 200896011,38855.496.86$131,396
Oct 20081,09012,23275.246.92$166,681
Sep 200877415,033101.767.88$197,179
Aug 20081,10819,803114.228.48$294,545
Jul 20081,61625,374131.0811.39$500,821
Jun 20081,69125,513131.3313.03$554,581
May 20082,47738,122123.1711.57$746,327
Apr 20081,55135,218110.3110.45$539,290

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                   46 Mcf  × $  3.05 =       $140

────────────────────────────────────────────────────
Month total                                     $140

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/237464 is the state's own key, not one this site invented.