BILLINGS B

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 251270District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$863 k
Jun 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
204
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 Gas112009-12-30195493
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
CondensateDisposition573 bbl$47,024
GasProduction203,549 Mcf$816,274
Total$863,298

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 27.6358, -98.8164. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.63576, -98.81636 · 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
10,406 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 10,406 ft.

Completions filed
Jun 2009
1 of 1 wells

1 well

42-479405179H10,406 ftJun 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 (204)

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

204 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 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160241.442.92$6
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160136.561.99$2
Mar 201601933.011.79$34
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 2015027156.152.88$781
May 2015024655.212.96$727
Apr 2015034349.822.71$928
Mar 2015035942.892.93$1,054
Feb 201502844.662.98$83
Jan 201501843.433.10$56
Dec 201402354.693.59$83
Nov 2014046770.464.25$1,986
Oct 2014084978.303.90$3,312
Sep 2014094086.164.05$3,803
Aug 2014034189.394.04$1,376
Jul 2014036596.564.18$1,526
Jun 2014040498.164.74$1,914
May 2014035994.734.73$1,697
Apr 2014026995.944.81$1,294
Mar 2014035695.895.06$1,800
Feb 2014032797.406.19$2,025
Jan 2014036190.404.86$1,755
Dec 2013038691.824.35$1,681
Nov 2013040788.853.74$1,521
Oct 2013034097.423.78$1,285
Sep 20130367104.113.72$1,364
Aug 20130387104.253.52$1,363
Jul 20130426102.523.72$1,584
Jun 2013041894.403.93$1,644
May 2013042994.834.15$1,780
Apr 2013051893.964.28$2,218
Mar 2013059893.623.91$2,340
Feb 2013055691.233.42$1,901
Jan 2013028691.603.42$978
Dec 2012153786.773.42$1,923
Nov 2012261486.953.62$2,400
Oct 2012279289.383.40$2,871
Sep 2012282894.672.92$2,606
Aug 2012394492.662.91$3,023
Jul 201231,01985.133.02$3,334
Jun 201221,08479.822.52$2,890
May 201221,10391.612.49$2,928
Apr 201221,221101.652.00$2,641
Mar 201231,326105.052.22$3,262
Feb 201231,283101.102.57$3,601
Jan 201231,52098.092.73$4,450
Dec 201121,47896.873.24$4,982
Nov 201121,58595.723.31$5,440
Oct 201121,65084.983.65$6,190
Sep 201121,81383.623.99$7,394
Aug 201122,00183.404.15$8,470
Jul 201152,04894.144.52$9,722
Jun 2011192,13292.904.64$11,657
May 2011262,47698.134.40$13,458
Apr 2011242,719105.964.33$14,325
Mar 2011273,06396.364.06$15,029
Feb 2011283,03085.644.18$15,063
Jan 2011333,78486.504.59$20,218
Dec 2010353,71185.734.35$19,135
Nov 2010133,71680.843.80$15,154
Oct 2010154,73578.103.51$17,786
Sep 2010164,87872.633.98$20,574
Aug 2010165,32873.684.42$24,725
Jul 2010185,43372.554.74$27,039
Jun 2010285,42770.364.91$28,619
May 2010315,84471.124.24$26,955
Apr 2010325,68781.694.12$26,060
Mar 2010496,32878.394.39$31,613
Feb 20101206,08973.585.44$41,968
Jan 201006,87674.365.96$41,009
Dec 200906,45071.445.48$35,370
Nov 200906,85074.593.75$25,698
Oct 200908,64672.544.11$35,537
Sep 2009011,17265.543.06$34,239
Aug 2009013,73467.423.22$44,203
Jul 2009014,77961.133.46$51,202
Jun 2009026,35066.163.90$102,633

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 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 41.44 =         $0
Gas                    2 Mcf  × $  2.92 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/251270 is the state's own key, not one this site invented.