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 246190District 04Field 999305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
Oct 2008 – May 2026
Value, last 12 filed months
$886
at the published price for each month
Months reported
212
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 Gas112009-07-23191466
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
CondensateDisposition24,229 bbl$1,539,942
GasProduction485,063 Mcf$2,150,168
Total$3,690,109

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 27.3371, -99.0761. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.33713, -99.07611 · 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
9,173 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 9,173 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-4794029613H9,173 ftOct 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 (212)

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

212 months

May 2026057106.413.05$174
Apr 202601098.932.87$29
Mar 202601189.753.15$35
Feb 20260063.503.75$0
Jan 20260159.138.00$8
Dec 20250356.664.41$13
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202503962.743.08$120
Aug 202503063.933.01$90
Jul 202505566.743.32$182
Jun 202507566.483.13$235
May 2025012160.553.23$391
Apr 202505062.363.54$177
Mar 2025015667.704.27$666
Feb 20250070.884.34$0
Jan 202501974.324.28$81
Dec 202405968.993.12$184
Nov 2024012369.052.20$270
Oct 2024037771.372.28$860
Sep 2024017369.612.36$409
Aug 202404775.632.06$97
Jul 2024010679.932.15$228
Jun 202409078.082.63$237
May 2024013078.812.20$286
Apr 2024025384.451.66$420
Mar 202402380.301.55$36
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202308871.262.61$230
Nov 2023054777.892.81$1,536
Oct 2023089085.443.09$2,748
Sep 2023092089.042.74$2,516
Aug 2023089080.522.67$2,379
Jul 2023062674.852.64$1,654
Jun 2023056368.962.26$1,272
May 2023064870.622.23$1,443
Apr 2023078678.122.24$1,759
Mar 2023064772.852.39$1,548
Feb 202307075.112.47$173
Jan 2023070776.533.39$2,395
Dec 2022070976.415.73$4,062
Nov 2022013285.005.65$745
Oct 2022069987.185.86$4,099
Sep 2022067184.888.16$5,478
Aug 2022069194.529.13$6,307
Jul 20220688101.587.54$5,189
Jun 20220667115.097.98$5,321
May 20220724109.378.43$6,106
Apr 20220671104.226.84$4,588
Mar 20220704108.885.08$3,574
Feb 2022066491.054.86$3,226
Jan 2022071381.844.54$3,235
Dec 2021070471.323.90$2,745
Nov 2021068277.435.24$3,572
Oct 2021069679.795.71$3,977
Sep 2021064769.865.35$3,462
Aug 2021069066.024.22$2,912
Jul 2021069270.783.98$2,756
Jun 2021067069.493.38$2,265
May 2021069563.483.02$2,097
Apr 2021067660.362.76$1,865
Mar 2021070261.302.72$1,907
Feb 2021064257.805.55$3,562
Jan 2021071150.412.81$1,998
Dec 2020071044.642.68$1,900
Nov 2020067838.772.71$1,835
Oct 20201372136.972.48$2,268
Sep 2020056637.091.99$1,127
Aug 2020072739.982.39$1,734
Jul 20207872238.371.83$4,311
Jun 20207777734.901.69$4,001
May 2020077516.921.81$1,406
Apr 2020078914.751.80$1,424
Mar 20207884030.341.86$3,926
Feb 202015769449.881.98$9,206
Jan 2020047457.252.09$993
Dec 2019065059.012.30$1,498
Nov 20197867855.302.75$6,178
Oct 2019077953.472.42$1,884
Sep 20197971355.052.66$6,244
Aug 2019064553.112.30$1,486
Jul 2019039456.272.46$969
Jun 20197919652.782.49$4,658
May 20198032158.482.74$5,558
Apr 2019033962.632.75$932
Mar 20198417956.803.06$5,319
Feb 20198423250.852.79$4,919
Jan 20191337346.033.23$6,358
Dec 201802946.594.19$121
Nov 20187118352.934.24$4,533
Oct 2018014561.443.40$493
Sep 20187116159.543.11$4,728
Aug 2018017659.403.07$540
Jul 20187119665.142.93$5,200
Jun 20187119960.183.08$4,885
May 20186630065.382.90$5,185
Apr 2018016963.842.90$490
Mar 20187220861.222.79$4,988
Feb 20187321661.782.77$5,107
Jan 201814323462.874.01$9,929
Dec 20177211457.272.92$4,456
Nov 2017688155.423.12$4,021
Oct 201708549.292.98$254
Sep 201713315847.523.09$6,808
Aug 20176711945.373.00$3,397
Jul 20176719343.873.09$3,535
Jun 201715517242.493.09$7,117
May 2017788745.373.26$3,823
Apr 20178012147.933.21$4,223
Mar 2017249946.772.98$1,418
Feb 2017315850.452.95$618
Jan 201709649.413.42$328
Dec 2016010848.763.72$402
Nov 2016011842.492.64$312
Oct 2016011346.193.09$349
Sep 2016014941.553.10$462
Aug 2016015041.442.92$439
Jul 2016315041.622.92$564
Jun 201687445.352.69$562
May 2016010542.521.99$209
Apr 2016665036.561.99$1,514
Mar 201636833.011.79$221
Feb 201607226.472.06$149
Jan 20163322427.352.36$1,432
Dec 20155081832.362.00$3,255
Nov 2015531,11738.792.17$4,477
Oct 2015541,50943.552.43$6,013
Sep 2015941,76742.992.76$8,915
Aug 20151941,92240.162.87$13,312
Jul 20151021,87248.152.95$10,424
Jun 2015951,97656.152.88$11,031
May 2015921,93455.212.96$10,795
Apr 20151901,83949.822.71$14,443
Mar 20153071,97642.892.93$18,966
Feb 20151031,75044.662.98$9,808
Jan 20151941,94743.433.10$14,462
Dec 20141002,13254.693.59$13,126
Nov 2014752,12970.464.25$14,337
Oct 20141411,81178.303.90$18,105
Sep 20141672,14386.164.05$23,058
Aug 20141382,12689.394.04$20,914
Jul 20141382,19596.564.18$22,500
Jun 20142682,23698.164.74$36,899
May 20142712,23394.734.73$36,226
Apr 20144272,37495.944.81$52,383
Mar 20141442,42995.895.06$26,091
Feb 2014282,24497.406.19$16,622
Jan 2014852,77790.404.86$21,182
Dec 2013532,84091.824.35$17,233
Nov 2013472,62688.853.74$13,993
Oct 20132112,74897.423.78$30,941
Sep 2013451,052104.113.72$8,596
Aug 201355549104.253.52$7,668
Jul 201312583102.523.72$3,398
Jun 20133116694.403.93$3,579
May 2013836094.834.15$2,252
Apr 20132324793.964.28$3,219
Mar 20132540793.623.91$3,933
Feb 20132549691.233.42$3,977
Jan 20136258491.603.42$7,676
Dec 2012791,78686.773.42$12,963
Nov 2012651,90586.953.62$12,557
Oct 2012652,12889.383.40$13,044
Sep 2012652,09394.672.92$12,262
Aug 20121182,19792.662.91$17,323
Jul 2012502,25685.133.02$11,071
Jun 20121412,35179.822.52$17,177
May 2012452,44891.612.49$10,214
Apr 2012922,463101.652.00$14,270
Mar 20121492,635105.052.22$21,508
Feb 20121532,728101.102.57$22,480
Jan 2012912,85798.092.73$16,737
Dec 20112403,10296.873.24$33,298
Nov 2011862,97895.723.31$18,093
Oct 20111513,22284.983.65$24,588
Sep 20111433,19783.623.99$24,700
Aug 20111922,95383.404.15$28,266
Jul 20113833,17994.144.52$50,416
Jun 20112512,96892.904.64$37,089
May 20114403,16798.134.40$57,127
Apr 20113823,282105.964.33$54,699
Mar 20113613,52496.364.06$49,084
Feb 2011563,12085.644.18$17,837
Jan 2011843,89286.504.59$25,126
Dec 2010824,16185.734.35$25,121
Nov 20101024,30280.843.80$24,573
Oct 20101564,62578.103.51$28,412
Sep 20101384,59772.633.98$28,317
Aug 20102254,94873.684.42$38,445
Jul 20102285,02872.554.74$40,356
Jun 20101204,53170.364.91$30,692
May 20103145,84171.124.24$47,070
Apr 20101795,93781.694.12$39,099
Mar 20101736,41778.394.39$41,724
Feb 20103916,11973.585.44$62,072
Jan 20101837,25174.365.96$56,854
Dec 20092216,75271.445.48$52,815
Nov 20092546,51074.593.75$43,368
Oct 20091557,27472.544.11$41,142
Sep 20093378,07165.543.06$46,823
Aug 20092119,58567.423.22$45,075
Jul 200937811,12961.133.46$61,664
Jun 200985212,91466.163.90$106,668
May 200986715,69754.743.93$109,082
Apr 20091,07619,65746.773.59$120,844
Mar 20091,22625,53942.144.06$155,326
Feb 20091,00716,96832.814.63$111,652
Jan 20091,53126,94135.865.37$199,602
Dec 20081,35633,18237.105.98$248,641
Nov 20081,54730,53955.496.86$295,352
Oct 200847319,52175.246.92$170,712

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                   57 Mcf  × $  3.05 =       $174

────────────────────────────────────────────────────
Month total                                     $174

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/246190 is the state's own key, not one this site invented.