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 246989District 04Field 999305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Jan 2009 – May 2026
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
209
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 Gas112009-11-13195491
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
CondensateDisposition10,772 bbl$713,282
GasProduction461,162 Mcf$1,765,357
Total$2,478,639

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 27.3290, -99.0822. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.32904, -99.08222 · 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
9,150 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 9,150 ft.

1 well

42-4794047914H9,150 ft

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 (209)

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

209 months

May 20260375106.413.05$1,142
Apr 2026097098.932.87$2,784
Mar 2026085889.753.15$2,702
Feb 2026085263.503.75$3,195
Jan 202601,38759.138.00$11,093
Dec 2025089856.664.41$3,963
Nov 2025069058.593.93$2,709
Oct 202501,50459.383.30$4,970
Sep 202501,68562.743.08$5,185
Aug 2025068963.933.01$2,077
Jul 2025048366.743.32$1,601
Jun 2025095466.483.13$2,985
May 202501,25260.553.23$4,047
Apr 20250062.363.54$0
Mar 2025071167.704.27$3,035
Feb 202501,17370.884.34$5,092
Jan 202501,94974.324.28$8,339
Dec 2024098368.993.12$3,068
Nov 2024015069.052.20$330
Oct 2024012571.372.28$285
Sep 2024047169.612.36$1,114
Aug 202401,73175.632.06$3,572
Jul 202401,00079.932.15$2,147
Jun 20240078.082.63$0
May 2024061978.812.20$1,361
Apr 202401,22784.451.66$2,036
Mar 2024036580.301.55$564
Feb 202403,67176.091.78$6,548
Jan 20240073.023.30$0
Dec 202307771.262.61$201
Nov 202305377.892.81$149
Oct 202309685.443.09$296
Sep 2023047389.042.74$1,294
Aug 2023085180.522.67$2,275
Jul 202302,21674.852.64$5,854
Jun 2023063368.962.26$1,430
May 202302,71670.622.23$6,050
Apr 202303,40578.122.24$7,620
Mar 202302,48372.852.39$5,942
Feb 202306775.112.47$165
Jan 2023073976.533.39$2,504
Dec 2022041376.415.73$2,366
Nov 202201,84185.005.65$10,395
Oct 2022036887.185.86$2,158
Sep 2022031584.888.16$2,572
Aug 2022035994.529.13$3,277
Jul 20220282101.587.54$2,127
Jun 20220389115.097.98$3,103
May 20220325109.378.43$2,741
Apr 20220275104.226.84$1,880
Mar 20220312108.885.08$1,584
Feb 2022018291.054.86$884
Jan 2022028881.844.54$1,307
Dec 2021030671.323.90$1,193
Nov 2021019977.435.24$1,042
Oct 2021012579.795.71$714
Sep 2021032669.865.35$1,744
Aug 2021029866.024.22$1,258
Jul 2021015470.783.98$613
Jun 2021022969.493.38$774
May 2021092663.483.02$2,794
Apr 2021053860.362.76$1,484
Mar 202105861.302.72$158
Feb 202101857.805.55$100
Jan 202103150.412.81$87
Dec 202006644.642.68$177
Nov 2020029838.772.71$807
Oct 2020038236.972.48$947
Sep 202001,68137.091.99$3,347
Aug 20200039.982.39$0
Jul 2020049338.371.83$900
Jun 202001,77434.901.69$2,999
May 202001,93816.921.81$3,517
Apr 202002214.751.80$40
Mar 2020014230.341.86$264
Feb 2020027949.881.98$553
Jan 202001,21857.252.09$2,551
Dec 201902,40559.012.30$5,542
Nov 201902855.302.75$77
Oct 2019010753.472.42$259
Sep 2019014755.052.66$391
Aug 2019015053.112.30$346
Jul 2019054556.272.46$1,341
Jun 201901,41552.782.49$3,525
May 201901,12758.482.74$3,088
Apr 201901,70862.632.75$4,698
Mar 201901,40356.803.06$4,296
Feb 201901,09450.852.79$3,055
Jan 201901,90546.033.23$6,150
Dec 2018030246.594.19$1,264
Nov 2018052652.934.24$2,229
Oct 201801,03761.443.40$3,524
Sep 2018084459.543.11$2,623
Aug 2018026859.403.07$822
Jul 2018028165.142.93$824
Jun 2018068660.183.08$2,111
May 201801,10165.382.90$3,194
Apr 201801,27963.842.90$3,710
Mar 2018050561.222.79$1,407
Feb 2018010861.782.77$299
Jan 201808862.874.01$353
Dec 2017031357.272.92$914
Nov 2017066255.423.12$2,064
Oct 201701,69249.292.98$5,048
Sep 201701,72147.523.09$5,313
Aug 2017041845.373.00$1,256
Jul 201701,81243.873.09$5,594
Jun 201701,37242.493.09$4,236
May 2017072745.373.26$2,372
Apr 2017073447.933.21$2,357
Mar 201702,14646.772.98$6,403
Feb 201702,14150.452.95$6,322
Jan 201701,22749.413.42$4,195
Dec 2016057748.763.72$2,148
Nov 2016060342.492.64$1,595
Oct 2016065046.193.09$2,009
Sep 2016070741.553.10$2,192
Aug 2016074541.442.92$2,179
Jul 2016044541.622.92$1,301
Jun 2016044645.352.69$1,198
May 201602,65742.521.99$5,290
Apr 201602,93536.561.99$5,844
Mar 2016046533.011.79$834
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20151042649.822.71$1,651
Mar 2015273,56642.892.93$11,623
Feb 201541,40144.662.98$4,348
Jan 2015898243.433.10$3,392
Dec 2014591854.693.59$3,570
Nov 2014492270.464.25$4,202
Oct 2014786278.303.90$3,911
Sep 2014897186.164.05$4,617
Aug 2014692589.394.04$4,269
Jul 2014684596.564.18$4,111
Jun 20141288298.164.74$5,356
May 20141296594.734.73$5,698
Apr 20142494695.944.81$6,852
Mar 201491,00095.895.06$5,920
Feb 20141698297.406.19$7,639
Jan 2014511,54090.404.86$12,096
Dec 2013351,75191.824.35$10,838
Nov 2013321,59688.853.74$8,809
Oct 2013271,88597.423.78$9,754
Sep 2013512,487104.113.72$14,556
Aug 201393,089104.253.52$11,820
Jul 201320102.523.72$205
Jun 2013737594.403.93$7,186
May 2013411,70094.834.15$10,941
Apr 2013841,85793.964.28$15,845
Mar 2013792,02693.623.91$15,323
Feb 2013502,01891.233.42$11,463
Jan 2013552,45191.603.42$13,420
Dec 2012492,58686.773.42$13,096
Nov 2012372,19586.953.62$11,174
Oct 2012362,42089.383.40$11,445
Sep 2012382,35594.672.92$10,470
Aug 2012632,65392.662.91$13,553
Jul 2012202,41185.133.02$8,986
Jun 2012582,74679.822.52$11,547
May 2012192,93291.612.49$9,036
Apr 2012362,978101.652.00$9,606
Mar 2012582,906105.052.22$12,550
Feb 2012623,041101.102.57$14,084
Jan 2012443,38198.092.73$13,560
Dec 20111363,27796.873.24$23,791
Nov 2011513,06195.723.31$15,018
Oct 2011773,54984.983.65$19,492
Sep 2011402,91183.623.99$14,947
Aug 2011283,30083.404.15$16,028
Jul 2011553,59994.144.52$21,435
Jun 2011343,19692.904.64$17,988
May 2011603,31698.134.40$20,494
Apr 2011543,483105.964.33$20,815
Mar 2011783,82796.364.06$23,044
Feb 2011823,42085.644.18$21,318
Jan 20111254,05086.504.59$29,397
Dec 20101214,41385.734.35$29,560
Nov 20101434,41480.843.80$28,313
Oct 20102034,37278.103.51$31,195
Sep 20101804,13272.633.98$29,517
Aug 20101764,56473.684.42$33,138
Jul 20101264,61272.554.74$30,986
Jun 2010594,48370.364.91$26,165
May 20101514,95071.124.24$31,703
Apr 2010915,02381.694.12$28,142
Mar 2010875,80178.394.39$32,279
Feb 20104445,42273.585.44$62,178
Jan 20103567,19074.365.96$69,354
Dec 20094407,83671.445.48$74,404
Nov 20095477,69374.593.75$69,661
Oct 20093829,64772.544.11$67,362
Sep 200975312,44765.543.06$87,499
Aug 200934810,92167.423.22$58,611
Jul 20093459,18361.133.46$52,904
Jun 200941410,44266.163.90$68,062
May 200945314,79054.743.93$82,859
Apr 200962917,92246.773.59$93,714
Mar 20091,13028,27642.144.06$162,390
Feb 200978643,29632.814.63$226,379
Jan 200932114,98735.865.37$92,006

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                  375 Mcf  × $  3.05 =     $1,142

────────────────────────────────────────────────────
Month total                                   $1,142

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/246989 is the state's own key, not one this site invented.