BTLT

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

Gas lease lease 255468District 04Field 458410502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Feb 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
196
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 246 leases and 246 wells, and the rule below applies to all of them.

Discovered
1995-04-25
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 2009-09-01.

The Commission's schedule remark for this field reads: WITH DUPLICATE IN APRIL.

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 Gas112010-09-28199534
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
CondensateDisposition11,203 bbl$897,190
GasProduction770,842 Mcf$2,946,214
Total$3,843,404

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 26.4949, -98.4613. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.49488, -98.46134 · 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
11,422 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 11,422 ft.

Completions filed
Feb 2010
1 of 1 wells

1 well

42-21533948H 111,422 ftFeb 2010

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 (196)

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

196 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 20161181,34142.492.64$8,560
Oct 201604,28446.193.09$13,239
Sep 201604,39641.553.10$13,630
Aug 20161804,61641.442.92$20,958
Jul 201604,66741.622.92$13,648
Jun 201604,60645.352.69$12,371
May 201604,75242.521.99$9,461
Apr 201604,68236.561.99$9,322
Mar 20161924,75133.011.79$14,861
Feb 201604,29126.472.06$8,855
Jan 201604,85127.352.36$11,470
Dec 2015645,12732.362.00$12,332
Nov 201503,93838.792.17$8,535
Oct 20151894,95043.552.43$20,243
Sep 201507,68442.992.76$21,196
Aug 201504,75240.162.87$13,650
Jul 2015775,05348.152.95$18,589
Jun 201503,43256.152.88$9,894
May 201505,70155.212.96$16,849
Apr 201503,93049.822.71$10,637
Mar 20151895,92342.892.93$25,489
Feb 201505,00444.662.98$14,893
Jan 201504,34043.433.10$13,457
Dec 201405,79154.693.59$20,798
Nov 20141935,70770.464.25$37,864
Oct 201406,09978.303.90$23,792
Sep 201406,17286.164.05$24,968
Aug 201403,29889.394.04$13,308
Jul 20141915,65696.564.18$42,083
Jun 201405,53798.164.74$26,228
May 201406,09994.734.73$28,827
Apr 201406,09495.944.81$29,307
Mar 20141895,74895.895.06$47,190
Feb 201404,69597.406.19$29,071
Jan 201406,44190.404.86$31,308
Dec 20131716,76191.824.35$45,142
Nov 201306,32188.853.74$23,630
Oct 201306,57297.423.78$24,838
Sep 20131926,451104.113.72$43,972
Aug 201306,813104.253.52$24,000
Jul 201307,994102.523.72$29,720
Jun 20131926,61894.403.93$44,156
May 201307,05194.834.15$29,255
Apr 201306,93293.964.28$29,687
Mar 20131937,21293.623.91$46,288
Feb 201306,47691.233.42$22,147
Jan 20131917,43791.603.42$42,929
Dec 201206,45886.773.42$22,087
Nov 20121927,27886.953.62$43,077
Oct 201207,76589.383.40$26,399
Sep 201207,78994.672.92$22,731
Aug 20121928,14592.662.91$41,478
Jul 201208,15885.133.02$24,644
Jun 20121945,55179.822.52$29,468
May 201207,44791.612.49$18,531
Apr 20121936,365101.652.00$32,328
Mar 201207,768105.052.22$17,261
Feb 20121937,051101.102.57$37,635
Jan 201218916,04998.092.73$62,418
Dec 20111958,89196.873.24$47,694
Nov 20111947,53195.723.31$43,507
Oct 201107,64984.983.65$27,908
Sep 20111848,41383.623.99$48,919
Aug 20111979,34683.404.15$55,209
Jul 2011010,02994.144.52$45,303
Jun 201119010,36492.904.64$65,739
May 201119111,54698.134.40$69,601
Apr 201119111,993105.964.33$72,207
Mar 201137413,14396.364.06$89,364
Feb 201118312,72585.644.18$68,862
Jan 201119615,52786.504.59$88,204
Dec 201036317,25085.734.35$106,119
Nov 201017918,92580.843.80$86,297
Oct 201036123,13678.103.51$109,376
Sep 201053327,38772.633.98$147,698
Aug 201036734,43573.684.42$179,221
Jul 201090126,54372.554.74$191,088
Jun 201035725,26670.364.91$149,185
May 201053837,90671.124.24$198,803
Apr 201072032,96881.694.12$194,734
Mar 20101,11543,20678.394.39$277,022
Feb 201003,79373.585.44$20,643

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.

Nov 2016 — as filed, then multipliedworked
Condensate           118 bbl  × $ 42.49 =     $5,014
Gas                1,341 Mcf  × $  2.64 =     $3,546

────────────────────────────────────────────────────
Month total                                   $8,560

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/255468 is the state's own key, not one this site invented.