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 255692District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.7 M
Jan 2010 – May 2026
Value, last 12 filed months
$275 k
at the published price for each month
Months reported
197
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 Gas112010-07-01198572
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
CondensateDisposition54,777 bbl$4,215,942
GasProduction3,996,925 Mcf$15,512,633
Total$19,728,575

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 27.6559, -98.8241. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.65589, -98.82406 · 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
11,086 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 11,086 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-4794071311H11,086 ftJan 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 (197)

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

197 months

May 2026673,505106.413.05$17,805
Apr 20261302,65698.932.87$20,483
Mar 20261343,61989.753.15$23,424
Feb 2026633,51363.503.75$17,175
Jan 20261324,91259.138.00$47,091
Dec 20251934,88156.664.41$32,477
Nov 20251296,37858.593.93$32,601
Oct 20251285,19659.383.30$24,773
Sep 2025692,85662.743.08$13,117
Aug 20251392,93863.933.01$17,744
Jul 2025313,10266.743.32$12,353
Jun 2025613,75766.483.13$15,810
May 2025613,05260.553.23$13,559
Apr 2025302,32362.363.54$10,101
Mar 2025322,48967.704.27$12,790
Feb 2025641,77570.884.34$12,241
Jan 2025333,84674.324.28$18,908
Dec 2024635,20968.993.12$20,606
Nov 2024603,54069.052.20$11,925
Oct 2024313,83271.372.28$10,955
Sep 2024644,66069.612.36$15,473
Aug 2024304,63575.632.06$11,834
Jul 2024614,52979.932.15$14,598
Jun 2024614,78478.082.63$17,364
May 2024585,00578.812.20$15,574
Apr 2024994,98684.451.66$16,633
Mar 2024514,78680.301.55$11,490
Feb 20241093,58276.091.78$14,683
Jan 20241066,23473.023.30$28,298
Dec 20231066,25871.262.61$23,891
Nov 2023665,33077.892.81$20,105
Oct 20231144,61985.443.09$24,000
Sep 20231174,88089.042.74$23,765
Aug 20231135,42080.522.67$23,586
Jul 2023585,76574.852.64$19,571
Jun 2023583,57168.962.26$12,065
May 20231714,08570.622.23$21,175
Apr 20231156,26278.122.24$22,997
Mar 20231117,19872.852.39$25,312
Feb 20231656,26475.112.47$27,838
Jan 2023575,86676.533.39$24,235
Dec 20222306,85676.415.73$56,853
Nov 20221714,46085.005.65$39,717
Oct 20221103,50087.185.86$30,113
Sep 20221103,67584.888.16$39,338
Aug 20221104,99594.529.13$55,987
Jul 20221169,841101.587.54$86,005
Jun 202212011,250115.097.98$103,554
May 20222309,977109.378.43$109,292
Apr 2022595,741104.226.84$45,404
Mar 20221153,390108.885.08$29,730
Feb 20222337,35091.054.86$56,927
Jan 20221177,84381.844.54$45,164
Dec 20211177,43871.323.90$37,346
Nov 2021586,42977.435.24$38,159
Oct 20211726,15979.795.71$48,916
Sep 20211778,04769.865.35$55,424
Aug 20211147,90566.024.22$40,890
Jul 20211178,07270.783.98$40,425
Jun 20211728,34169.493.38$40,150
May 20211168,38863.483.02$32,676
Apr 20211168,15860.362.76$29,505
Mar 2021598,57861.302.72$26,923
Feb 20211778,25057.805.55$56,001
Jan 20211178,05950.412.81$28,546
Dec 20201197,86344.642.68$26,349
Nov 20202327,55638.772.71$29,445
Oct 20201168,84236.972.48$26,203
Sep 2020588,03737.091.99$18,153
Aug 20201739,37139.982.39$29,267
Jul 20201738,13238.371.83$21,480
Jun 20201747,10534.901.69$18,082
May 2020597,97616.921.81$15,473
Apr 20201178,25114.751.80$16,614
Mar 2020608,69730.341.86$17,964
Feb 20201148,38049.881.98$22,284
Jan 20201819,83957.252.09$30,972
Dec 201917210,12059.012.30$33,470
Nov 2019558,30855.302.75$25,894
Oct 201916713,39153.472.42$41,316
Sep 201916814,90855.052.66$48,863
Aug 201911011,83653.112.30$33,117
Jul 20191007,82956.272.46$24,887
Jun 20191077,91752.782.49$25,370
May 201917310,02858.482.74$37,597
Apr 20191059,48162.632.75$32,656
Mar 20191159,84256.803.06$36,669
Feb 20191169,57150.852.79$32,623
Jan 20191958,83946.033.23$37,510
Dec 201812710,76546.594.19$50,973
Nov 201819211,53452.934.24$59,035
Oct 201812911,84561.443.40$48,176
Sep 2018647,17459.543.11$26,107
Aug 201812913,16859.403.07$48,043
Jul 20181276,21465.142.93$26,491
Jun 2018595,92060.183.08$21,766
May 20181249,48065.382.90$35,607
Apr 20181239,88763.842.90$36,533
Mar 201824610,93161.222.79$45,523
Feb 201819811,18861.782.77$43,180
Jan 20186411,16162.874.01$48,772
Dec 201713211,80657.272.92$42,051
Nov 201711311,22555.423.12$41,266
Oct 201723811,51449.292.98$46,085
Sep 201718711,35447.523.09$43,939
Aug 201724610,09545.373.00$41,490
Jul 201723410,44543.873.09$42,512
Jun 201711811,15442.493.09$39,449
May 20171773,21345.373.26$18,516
Apr 201718013,13547.933.21$50,812
Mar 201724212,44946.772.98$48,462
Feb 20171611,55150.452.95$34,913
Jan 20173213,03249.413.42$46,135
Dec 20163314,88948.763.72$57,038
Nov 2016177,84642.492.64$21,470
Oct 2016269,09346.193.09$29,301
Sep 2016259,46141.553.10$30,374
Aug 201618913,05341.442.92$46,004
Jul 20169612,86841.622.92$41,626
Jun 201614013,92745.352.69$43,755
May 201619315,32242.521.99$38,713
Apr 201622115,34736.561.99$38,636
Mar 201639116,29933.011.79$42,147
Feb 201624715,24126.472.06$37,990
Jan 201636816,51927.352.36$49,122
Dec 201527916,19632.362.00$41,443
Nov 201538514,19338.792.17$45,695
Oct 201525414,37343.552.43$45,939
Sep 201538414,51042.992.76$56,533
Aug 201518414,86040.162.87$50,075
Jul 20153216,05348.152.95$48,818
Jun 20154714,15156.152.88$43,434
May 20154613,78855.212.96$43,289
Apr 20155115,66349.822.71$44,934
Mar 20156415,19942.892.93$47,350
Feb 20154315,99744.662.98$49,530
Jan 201517117,37743.433.10$61,306
Dec 201437217,75754.693.59$84,116
Nov 201418815,87870.464.25$80,757
Oct 201435418,34478.303.90$99,277
Sep 201422618,65386.164.05$94,932
Aug 201417413,54089.394.04$70,189
Jul 20141929,17096.564.18$56,866
Jun 201416117,88398.164.74$100,513
May 201422119,22294.734.73$111,789
Apr 201427318,85595.944.81$116,868
Mar 201423320,16595.895.06$124,313
Feb 201424118,85497.406.19$140,217
Jan 201430920,87490.404.86$129,396
Dec 201321422,74191.824.35$118,675
Nov 201331325,00288.853.74$121,275
Oct 201358426,73097.423.78$157,916
Sep 201347526,777104.113.72$149,002
Aug 201351629,951104.253.52$159,299
Jul 201357030,651102.523.72$172,389
Jun 201329730,95994.403.93$149,811
May 201330533,66994.834.15$168,619
Apr 201337132,47993.964.28$173,953
Mar 201319225,70693.623.91$118,559
Feb 201331721,52891.233.42$102,544
Jan 201319921,56991.603.42$91,992
Dec 201232822,52786.773.42$105,507
Nov 201240021,50186.953.62$112,720
Oct 201234325,27989.383.40$116,598
Sep 201233326,11294.672.92$107,730
Aug 201254132,21392.662.91$143,810
Jul 201253632,65385.133.02$144,268
Jun 201251631,59579.822.52$120,776
May 201251530,26991.612.49$122,498
Apr 201247829,558101.652.00$107,610
Mar 201260729,055105.052.22$128,328
Feb 201259133,603101.102.57$146,118
Jan 201271736,86198.092.73$171,111
Dec 201181838,62096.873.24$204,358
Nov 201190938,99595.723.31$216,133
Oct 201189241,12184.983.65$225,834
Sep 201174841,00483.623.99$225,982
Aug 201186245,68283.404.15$261,440
Jul 20111,00749,06494.144.52$316,433
Jun 201146050,54092.904.64$277,234
May 201160755,95598.134.40$306,037
Apr 201156361,718105.964.33$327,097
Mar 201167372,81996.364.06$360,302
Feb 201176478,89185.644.18$395,192
Jan 201183591,72586.504.59$493,133
Dec 201076067,19485.734.35$357,298
Nov 20101,06267,70780.843.80$342,822
Oct 20101,09678,27478.103.51$360,252
Sep 20101,20681,60772.633.98$412,344
Aug 20101,20691,96673.684.42$495,289
Jul 20101,38798,95372.554.74$569,317
Jun 20101,217105,26470.364.91$602,516
May 20101,443120,50771.124.24$613,000
Apr 20101,605125,68581.694.12$649,273
Mar 20102,004148,73778.394.39$809,851
Feb 2010283155,75973.585.44$868,520
Jan 20101,853131,57174.365.96$922,490

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            67 bbl  × $106.41 =     $7,129
Gas                3,505 Mcf  × $  3.05 =    $10,676

────────────────────────────────────────────────────
Month total                                  $17,805

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/255692 is the state's own key, not one this site invented.