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 256253District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.4 M
Mar 2010 – May 2026
Value, last 12 filed months
$150 k
at the published price for each month
Months reported
195
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 Gas112010-09-21199414
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
CondensateDisposition29,668 bbl$2,344,041
GasProduction2,910,470 Mcf$11,078,633
Total$13,422,675

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 27.6528, -98.8273. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.65283, -98.82725 · 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
11,046 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 11,046 ft.

Completions filed
Dec 2010
1 of 1 wells

1 well

42-4794074812H11,046 ftDec 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 (195)

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

195 months

May 2026222,751106.413.05$10,720
Apr 2026423,29598.932.87$13,611
Mar 2026432,64289.753.15$12,180
Feb 2026202,09663.503.75$9,131
Jan 2026382,21359.138.00$19,946
Dec 2025572,28356.664.41$13,305
Nov 2025392,32758.593.93$11,422
Oct 2025383,35859.383.30$13,354
Sep 2025222,18962.743.08$8,116
Aug 2025432,69663.933.01$10,877
Jul 2025243,45066.743.32$13,039
Jun 2025463,57866.483.13$14,253
May 2025452,85860.553.23$11,963
Apr 2025232,72862.363.54$11,100
Mar 2025243,48567.704.27$16,500
Feb 2025483,24770.884.34$17,497
Jan 2025232,88374.324.28$14,045
Dec 2024472,54168.993.12$11,174
Nov 2024453,06269.052.20$9,839
Oct 2024232,97771.372.28$8,433
Sep 2024432,43369.612.36$8,746
Aug 2024223,09875.632.06$8,057
Jul 2024442,49279.932.15$8,866
Jun 2024442,64878.082.63$10,410
May 2024422,76378.812.20$9,384
Apr 2024422,46484.451.66$7,635
Mar 2024203,52580.301.55$7,053
Feb 2024433,45976.091.78$9,441
Jan 2024462,21773.023.30$10,670
Dec 2023463,02871.262.61$11,183
Nov 2023243,34177.892.81$11,249
Oct 2023423,48585.443.09$14,348
Sep 2023432,94889.042.74$11,892
Aug 2023413,48480.522.67$12,614
Jul 2023212,48174.852.64$8,126
Jun 2023212,87268.962.26$7,935
May 2023631,96570.622.23$8,826
Apr 2023424,29678.122.24$12,894
Mar 2023415,20672.852.39$15,446
Feb 2023604,02775.112.47$14,436
Jan 2023214,56576.533.39$17,072
Dec 2022845,51376.415.73$38,003
Nov 2022625,67385.005.65$37,301
Oct 2022406,32987.185.86$40,599
Sep 2022406,46084.888.16$56,133
Aug 2022406,79194.529.13$65,763
Jul 2022423,154101.587.54$28,054
Jun 2022445,427115.097.98$48,356
May 2022846,677109.378.43$65,494
Apr 2022214,993104.226.84$36,329
Mar 2022425,417108.885.08$32,072
Feb 2022853,86991.054.86$26,538
Jan 2022434,23481.844.54$22,732
Dec 2021434,00571.323.90$18,683
Nov 2021213,67177.435.24$20,851
Oct 2021635,82879.795.71$38,327
Sep 2021656,88169.865.35$41,361
Aug 2021427,66966.024.22$35,141
Jul 2021436,31570.783.98$28,190
Jun 2021636,98369.493.38$27,985
May 2021426,96963.483.02$23,696
Apr 2021427,63460.362.76$23,593
Mar 2021227,91661.302.72$22,856
Feb 2021657,17657.805.55$43,569
Jan 20210050.412.81$0
Dec 2020435,31144.642.68$16,129
Nov 2020863,87038.772.71$13,809
Oct 2020424,21436.972.48$11,997
Sep 2020214,44937.091.99$9,637
Aug 2020634,70439.982.39$13,738
Jul 2020636,92838.371.83$15,062
Jun 2020644,65634.901.69$10,104
May 2020223,52416.921.81$6,767
Apr 2020433,50614.751.80$6,960
Mar 2020222,35630.341.86$5,041
Feb 2020423,71849.881.98$9,459
Jan 2020663,70357.252.09$11,535
Dec 2019635,29159.012.30$15,910
Nov 2019206,98255.302.75$20,311
Oct 2019616,97153.472.42$20,121
Sep 2019616,22655.052.66$19,902
Aug 2019407,02353.112.30$18,308
Jul 2019376,54456.272.46$18,181
Jun 2019397,37052.782.49$20,419
May 2019638,19358.482.74$26,136
Apr 2019386,61562.632.75$20,576
Mar 2019423,92656.803.06$14,407
Feb 2019423,06050.852.79$10,680
Jan 2019676,10646.033.23$22,795
Dec 2018447,96246.594.19$35,374
Nov 2018666,82652.934.24$32,417
Oct 2018447,19761.443.40$27,159
Sep 2018227,42159.543.11$24,374
Aug 2018447,93759.403.07$26,953
Jul 2018447,46265.142.93$24,744
Jun 2018208,57360.183.08$27,582
May 2018506,68165.382.90$22,649
Apr 2018492,93263.842.90$11,633
Mar 2018876,30361.222.79$22,892
Feb 2018687,31261.782.77$24,427
Jan 2018227,49162.874.01$31,417
Dec 2017469,35357.272.92$29,959
Nov 2017559,12255.423.12$31,494
Oct 2017858,76949.292.98$30,354
Sep 2017658,88047.523.09$30,504
Aug 2017848,13745.373.00$28,258
Jul 2017807,70843.873.09$27,306
Jun 2017418,10342.493.09$26,758
May 2017618,25345.373.26$29,700
Apr 2017627,63247.933.21$27,483
Mar 2017838,05946.772.98$27,927
Feb 2017258,33050.452.95$25,856
Jan 2017528,73249.413.42$32,422
Dec 2016549,24348.763.72$37,043
Nov 2016278,44942.492.64$23,489
Oct 2016419,86146.193.09$32,367
Sep 2016409,74241.553.10$31,868
Aug 201611810,08541.442.92$34,382
Jul 2016589,80641.622.92$31,090
Jun 20168310,12845.352.69$30,966
May 201611311,05842.521.99$26,822
Apr 20169310,95936.561.99$25,220
Mar 20167812,83233.011.79$25,596
Feb 2016358,02626.472.06$17,489
Jan 2016536,48527.352.36$16,782
Dec 2015539,34532.362.00$20,418
Nov 2015879,54438.792.17$24,060
Oct 20156211,22543.552.43$29,938
Sep 20158910,67342.992.76$33,267
Aug 20156511,10940.162.87$34,521
Jul 20153011,82548.152.95$36,270
Jun 20154810,53056.152.88$33,052
May 20154912,27855.212.96$38,992
Apr 20154911,81249.822.71$34,411
Mar 20156011,70042.892.93$36,910
Feb 20154011,40044.662.98$35,715
Jan 20154912,70143.433.10$41,509
Dec 20142512,91654.693.59$47,753
Nov 20141211,79270.464.25$50,983
Oct 20142212,69878.303.90$51,257
Sep 20141713,10086.164.05$54,460
Aug 20141913,75689.394.04$57,206
Jul 20142714,03496.564.18$61,264
Jun 20142113,89698.164.74$67,885
May 20142410,83494.734.73$53,481
Apr 20143213,18495.944.81$66,474
Mar 20142614,25095.895.06$74,553
Feb 20142813,06997.406.19$83,650
Jan 20143914,65790.404.86$74,769
Dec 20132615,37691.824.35$69,342
Nov 20132214,42588.853.74$55,879
Oct 20132014,37497.423.78$56,273
Sep 20131714,847104.113.72$56,967
Aug 20131917,352104.253.52$63,105
Jul 20137416,424102.523.72$68,647
Jun 201316816,92894.403.93$82,444
May 201317518,36594.834.15$92,793
Apr 201323618,63693.964.28$101,985
Mar 201315018,95293.623.91$88,200
Feb 201326817,05391.233.42$82,769
Jan 201318218,97991.603.42$81,578
Dec 201230822,06886.773.42$102,201
Nov 201233522,64086.953.62$111,197
Oct 201222215,74889.383.40$73,381
Sep 201226522,51094.672.92$90,781
Aug 201238423,84192.662.91$104,915
Jul 201240326,34985.133.02$113,902
Jun 201240427,00379.822.52$100,269
May 201242831,43891.612.49$117,437
Apr 201231623,290101.652.00$78,627
Mar 201237321,281105.052.22$86,472
Feb 201233622,304101.102.57$91,296
Jan 201238825,29398.092.73$107,212
Dec 201134926,00796.873.24$118,064
Nov 201137228,88095.723.31$131,238
Oct 201137531,31384.983.65$146,114
Sep 201132432,07683.623.99$154,941
Aug 201138537,25783.404.15$186,700
Jul 201148939,59794.144.52$224,904
Jun 201149939,73592.904.64$230,723
May 201161341,52998.134.40$243,081
Apr 201151741,101105.964.33$232,883
Mar 201158646,10796.364.06$243,539
Feb 201162646,28885.644.18$247,094
Jan 201174257,82586.504.59$329,529
Dec 201085158,12985.734.35$325,687
Nov 201076462,91980.843.80$300,560
Oct 201086680,44378.103.51$349,900
Sep 20101,00588,59272.633.98$425,542
Aug 201099399,06373.684.42$510,959
Jul 20101,06398,19272.554.74$542,206
Jun 20101,00593,71370.364.91$530,880
May 20101,03090,86971.124.24$458,104
Apr 20101,397114,45781.694.12$585,992
Mar 20102,422192,43978.394.39$1,034,412

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            22 bbl  × $106.41 =     $2,341
Gas                2,751 Mcf  × $  3.05 =     $8,379

────────────────────────────────────────────────────
Month total                                  $10,720

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/256253 is the state's own key, not one this site invented.