GARCIA, I. Y.

Operated by MOUNTAIN V TEXAS, LLC (P-5 103601) in the FLORES (VICKSBURG, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 248319District 04Field 315335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Mar 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
207
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 137 leases and 137 wells, and the rule below applies to all of them.

Discovered
1986-04-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA TO REMAIN SUSPENDED.

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 Gas112009-07-10192769
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
CondensateDisposition7,691 bbl$529,597
GasProduction281,311 Mcf$1,062,242
Total$1,591,839

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 26.4307, -98.5068. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.43066, -98.50682 · 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
9,797 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 9,797 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-42734393409,797 ftMar 2009

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 (207)

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

207 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202203694.529.13$329
Jul 2022073101.587.54$551
Jun 2022034115.097.98$271
May 202200109.378.43$0
Apr 20220106104.226.84$725
Mar 20220112108.885.08$569
Feb 202208191.054.86$394
Jan 202205881.844.54$263
Dec 202104671.323.90$179
Nov 202105877.435.24$304
Oct 2021015979.795.71$909
Sep 20210069.865.35$0
Aug 202104766.024.22$198
Jul 2021016870.783.98$669
Jun 202103769.493.38$125
May 2021010363.483.02$311
Apr 2021018860.362.76$519
Mar 202107361.302.72$198
Feb 202107057.805.55$388
Jan 202102950.412.81$82
Dec 2020012044.642.68$321
Nov 2020021638.772.71$585
Oct 202019836.972.48$280
Sep 2020019037.091.99$378
Aug 2020914839.982.39$713
Jul 202009538.371.83$173
Jun 2020011534.901.69$194
May 2020064616.921.81$1,172
Apr 2020081014.751.80$1,462
Mar 2020077730.341.86$1,442
Feb 2020085749.881.98$1,697
Jan 202001,01457.252.09$2,124
Dec 201901,11259.012.30$2,562
Nov 20191281,23355.302.75$10,470
Oct 20191031,45053.472.42$9,014
Sep 20191031,61555.052.66$9,962
Aug 20191221,69253.112.30$10,378
Jul 2019792,33656.272.46$10,192
Jun 2019762,23252.782.49$9,572
May 2019762,48458.482.74$11,251
Apr 20191552,61662.632.75$16,903
Mar 20191582,86856.803.06$17,757
Feb 20191242,42750.852.79$13,082
Jan 201903,54946.033.23$11,457
Dec 201802,13346.594.19$8,928
Nov 2018012952.934.24$547
Oct 2018015461.443.40$523
Sep 2018012559.543.11$389
Aug 2018018859.403.07$577
Jul 2018016665.142.93$487
Jun 2018011760.183.08$360
May 2018011465.382.90$331
Apr 2018017563.842.90$508
Mar 2018010361.222.79$287
Feb 2018014061.782.77$387
Jan 2018012762.874.01$509
Dec 2017016657.272.92$485
Nov 201708855.423.12$274
Oct 2017010849.292.98$322
Sep 2017018547.523.09$571
Aug 2017012745.373.00$382
Jul 2017024543.873.09$756
Jun 2017022042.493.09$679
May 201709245.373.26$300
Apr 2017019247.933.21$617
Mar 2017012246.772.98$364
Feb 2017013450.452.95$396
Jan 2017023749.413.42$810
Dec 2016023248.763.72$864
Nov 2016018742.492.64$494
Oct 2016018546.193.09$572
Sep 2016019841.553.10$614
Aug 2016019041.442.92$556
Jul 2016011741.622.92$342
Jun 2016014745.352.69$395
May 2016025342.521.99$504
Apr 2016120536.561.99$445
Mar 2016514933.011.79$432
Feb 2016226326.472.06$596
Jan 2016216727.352.36$450
Dec 2015320732.362.00$511
Nov 2015021038.792.17$455
Oct 201505043.552.43$121
Sep 20150042.992.76$0
Aug 2015023240.162.87$666
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 201403470.464.25$145
Oct 201404878.303.90$187
Sep 20140086.164.05$0
Aug 201409489.394.04$379
Jul 201407796.564.18$322
Jun 2014015398.164.74$725
May 201419028294.734.73$19,332
Apr 20149929695.944.81$10,922
Mar 201419133295.895.06$19,994
Feb 201411951097.406.19$14,749
Jan 201424081190.404.86$25,638
Dec 2013931,34391.824.35$14,387
Nov 20131121,45488.853.74$15,387
Oct 2013921,34097.423.78$14,027
Sep 2013831,315104.113.72$13,530
Aug 2013101953104.253.52$13,886
Jul 201301,239102.523.72$4,606
Jun 20131451,59394.403.93$19,954
May 2013982,50894.834.15$19,699
Apr 20131362,74193.964.28$24,517
Mar 201303,48393.623.91$13,629
Feb 2013952,93191.233.42$18,691
Jan 2013453,77091.603.42$17,015
Dec 2012534,40386.773.42$19,658
Nov 2012373,36986.953.62$15,430
Oct 20124431589.383.40$5,004
Sep 20122717794.672.92$3,073
Aug 20125726992.662.91$6,064
Jul 20125723485.133.02$5,559
Jun 20125733179.822.52$5,384
May 20124815891.612.49$4,790
Apr 201211318101.652.00$1,753
Mar 201221147105.052.22$2,533
Feb 201216251101.102.57$2,263
Jan 20122534398.092.73$3,390
Dec 20114639996.873.24$5,749
Nov 20113373895.723.31$5,602
Oct 20113652684.983.65$4,978
Sep 20115260383.623.99$6,752
Aug 2011631,20683.404.15$10,258
Jul 20112122094.144.52$2,971
Jun 20112954392.904.64$5,214
May 2011099398.134.40$4,374
Apr 201102,782105.964.33$12,055
Mar 201101,20196.364.06$4,873
Feb 201111,81085.644.18$7,651
Jan 201111,89786.504.59$8,791
Dec 201001,74985.734.35$7,604
Nov 201002,47180.843.80$9,378
Oct 201013,33478.103.51$11,777
Sep 201004,09372.633.98$16,288
Aug 201003,83573.684.42$16,948
Jul 201061,25072.554.74$6,356
Jun 2010283,54870.364.91$19,392
May 20101072,14471.124.24$16,690
Apr 20101242,63581.694.12$20,993
Mar 20102232,84278.394.39$29,954
Feb 20102003,81473.585.44$35,473
Jan 20101574,88074.365.96$40,779
Dec 20091085,08471.445.48$35,595
Nov 2009665,46074.593.75$25,406
Oct 2009626,01872.544.11$29,233
Sep 2009877,69165.543.06$29,273
Aug 2009839,67167.423.22$36,722
Jul 200913213,68961.133.46$55,495
Jun 200923016,56066.163.90$79,718
May 200956723,66354.743.93$123,933
Apr 200981230,40046.773.59$147,037
Mar 200997735,18342.144.06$183,979

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.

Aug 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.52 =         $0
Gas                   36 Mcf  × $  9.13 =       $329

────────────────────────────────────────────────────
Month total                                     $329

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/248319 is the state's own key, not one this site invented.