BILLINGS RANCH

Name: BILLINGS RANCH lease production and value, Sep 2010 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 257806District 04Field 898938002 tax incentive programmesCondensateGasSave Export

Value, all time

$20.4 M

Sep 2010 – May 2026

Value, last 12 filed months

$531 k

at the published price for each month

Months reported

189

no gaps in the span

Streams

condensate, gas

The TIFFANY (WILCOX CARRIZO) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2013-09-23	202389
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	65,144 bbl	$5,051,945
Gas	Production	4,375,269 Mcf	$15,321,765
Total			$20,373,710

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 27.6378, -98.9065. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.63782, -98.90647 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,000 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 10,000 ft.

Completions filed

Apr 2017

1 of 1 wells

1 well


42-47940985	8	10,000 ft	Apr 2017	—	—

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 (189)

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

189 months


May 2026	113	9,170	106.41	3.05	$39,955
Apr 2026	79	9,292	98.93	2.87	$34,481
Mar 2026	114	8,232	89.75	3.15	$36,158
Feb 2026	80	9,768	63.50	3.75	$41,713
Jan 2026	123	9,948	59.13	8.00	$86,836
Dec 2025	49	10,253	56.66	4.41	$48,027
Nov 2025	72	8,633	58.59	3.93	$38,115
Oct 2025	82	15,143	59.38	3.30	$54,914
Sep 2025	22	12,035	62.74	3.08	$38,411
Aug 2025	43	11,729	63.93	3.01	$38,109
Jul 2025	50	9,893	66.74	3.32	$36,134
Jun 2025	67	10,748	66.48	3.13	$38,082
May 2025	34	10,746	60.55	3.23	$36,793
Apr 2025	39	12,399	62.36	3.54	$46,363
Mar 2025	63	10,988	67.70	4.27	$51,165
Feb 2025	61	9,727	70.88	4.34	$46,547
Jan 2025	0	6,815	74.32	4.28	$29,159
Dec 2024	58	10,823	68.99	3.12	$37,784
Nov 2024	60	8,814	69.05	2.20	$23,520
Oct 2024	21	11,524	71.37	2.28	$27,790
Sep 2024	61	13,449	69.61	2.36	$36,044
Aug 2024	21	9,831	75.63	2.06	$21,876
Jul 2024	42	12,359	79.93	2.15	$29,887
Jun 2024	35	10,621	78.08	2.63	$30,708
May 2024	64	9,314	78.81	2.20	$25,520
Apr 2024	38	9,437	84.45	1.66	$18,867
Mar 2024	71	9,682	80.30	1.55	$20,661
Feb 2024	55	10,871	76.09	1.78	$23,575
Jan 2024	34	8,271	73.02	3.30	$29,758
Dec 2023	71	11,797	71.26	2.61	$35,858
Nov 2023	36	9,658	77.89	2.81	$29,919
Oct 2023	68	12,289	85.44	3.09	$43,750
Sep 2023	36	12,540	89.04	2.74	$37,503
Aug 2023	53	12,963	80.52	2.67	$38,916
Jul 2023	54	13,945	74.85	2.64	$40,882
Jun 2023	53	14,024	68.96	2.26	$35,328
May 2023	73	12,783	70.62	2.23	$33,628
Apr 2023	33	13,314	78.12	2.24	$32,372
Mar 2023	54	12,969	72.85	2.39	$34,971
Feb 2023	55	13,872	75.11	2.47	$38,335
Jan 2023	72	14,908	76.53	3.39	$56,014
Dec 2022	36	7,999	76.41	5.73	$48,578
Nov 2022	55	13,758	85.00	5.65	$82,355
Oct 2022	69	15,649	87.18	5.86	$97,777
Sep 2022	53	17,556	84.88	8.16	$147,820
Aug 2022	52	15,818	94.52	9.13	$149,288
Jul 2022	73	19,933	101.58	7.54	$157,752
Jun 2022	56	22,506	115.09	7.98	$185,980
May 2022	37	4,764	109.37	8.43	$44,222
Apr 2022	38	3,510	104.22	6.84	$27,960
Mar 2022	74	4,695	108.88	5.08	$31,891
Feb 2022	37	4,230	91.05	4.86	$23,922
Jan 2022	55	3,947	81.84	4.54	$22,411
Dec 2021	30	4,971	71.32	3.90	$21,522
Nov 2021	55	3,158	77.43	5.24	$20,797
Oct 2021	37	4,577	79.79	5.71	$29,105
Sep 2021	73	6,873	69.86	5.35	$41,877
Aug 2021	37	10,291	66.02	4.22	$45,877
Jul 2021	91	8,476	70.78	3.98	$40,193
Jun 2021	37	10,628	69.49	3.38	$38,500
May 2021	54	9,743	63.48	3.02	$32,829
Apr 2021	55	13,646	60.36	2.76	$40,961
Mar 2021	37	12,391	61.30	2.72	$35,934
Feb 2021	56	12,104	57.80	5.55	$70,389
Jan 2021	92	13,654	50.41	2.81	$43,009
Dec 2020	74	12,695	44.64	2.68	$37,268
Nov 2020	55	13,401	38.77	2.71	$38,403
Oct 2020	55	13,679	36.97	2.48	$35,936
Sep 2020	106	13,600	37.09	1.99	$31,010
Aug 2020	70	14,085	39.98	2.39	$36,393
Jul 2020	73	14,402	38.37	1.83	$29,086
Jun 2020	217	13,065	34.90	1.69	$29,657
May 2020	19	14,616	16.92	1.81	$26,846
Apr 2020	93	13,468	14.75	1.80	$25,673
Mar 2020	56	14,664	30.34	1.86	$28,919
Feb 2020	134	13,890	49.88	1.98	$34,195
Jan 2020	217	14,688	57.25	2.09	$43,191
Dec 2019	88	14,961	59.01	2.30	$39,668
Nov 2019	90	13,532	55.30	2.75	$42,199
Oct 2019	149	14,802	53.47	2.42	$43,766
Sep 2019	89	14,134	55.05	2.66	$42,457
Aug 2019	118	14,039	53.11	2.30	$38,618
Jul 2019	59	15,474	56.27	2.46	$41,387
Jun 2019	118	14,305	52.78	2.49	$41,865
May 2019	92	15,775	58.48	2.74	$48,609
Apr 2019	122	15,491	62.63	2.75	$50,252
Mar 2019	158	16,509	56.80	3.06	$59,527
Feb 2019	128	15,041	50.85	2.79	$48,507
Jan 2019	46	15,665	46.03	3.23	$52,687
Dec 2018	97	16,021	46.59	4.19	$71,574
Nov 2018	49	15,820	52.93	4.24	$69,627
Oct 2018	93	16,394	61.44	3.40	$61,422
Sep 2018	75	15,640	59.54	3.11	$53,075
Aug 2018	78	16,745	59.40	3.07	$55,983
Jul 2018	79	17,205	65.14	2.93	$55,589
Jun 2018	80	16,931	60.18	3.08	$56,910
May 2018	76	17,558	65.38	2.90	$55,901
Apr 2018	81	17,057	63.84	2.90	$54,650
Mar 2018	77	17,110	61.22	2.79	$52,397
Feb 2018	100	15,858	61.78	2.77	$50,043
Jan 2018	63	18,261	62.87	4.01	$77,175
Dec 2017	107	18,279	57.27	2.92	$59,530
Nov 2017	74	18,315	55.42	3.12	$61,214
Oct 2017	77	18,524	49.29	2.98	$59,065
Sep 2017	103	18,496	47.52	3.09	$61,997
Aug 2017	88	19,145	45.37	3.00	$61,512
Jul 2017	75	20,159	43.87	3.09	$65,527
Jun 2017	72	18,288	42.49	3.09	$59,519
May 2017	71	21,562	45.37	3.26	$73,587
Apr 2017	73	19,077	47.93	3.21	$64,767
Mar 2017	86	19,324	46.77	2.98	$61,679
Feb 2017	477	18,368	50.45	2.95	$78,298
Jan 2017	503	16,439	49.41	3.42	$81,055
Dec 2016	419	17,813	48.76	3.72	$86,745
Nov 2016	486	21,687	42.49	2.64	$77,998
Oct 2016	439	21,011	46.19	3.09	$85,207
Sep 2016	408	17,627	41.55	3.10	$71,607
Aug 2016	368	19,666	41.44	2.92	$72,760
Jul 2016	326	18,144	41.62	2.92	$66,627
Jun 2016	248	14,826	45.35	2.69	$51,067
May 2016	411	22,344	42.52	1.99	$61,964
Apr 2016	503	26,737	36.56	1.99	$71,624
Mar 2016	510	19,252	33.01	1.79	$51,373
Feb 2016	268	18,790	26.47	2.06	$45,870
Jan 2016	480	21,265	27.35	2.36	$63,406
Dec 2015	363	18,219	32.36	2.00	$48,210
Nov 2015	383	21,963	38.79	2.17	$62,458
Oct 2015	431	23,515	43.55	2.43	$75,831
Sep 2015	396	21,749	42.99	2.76	$77,017
Aug 2015	448	23,962	40.16	2.87	$86,822
Jul 2015	477	22,556	48.15	2.95	$89,397
Jun 2015	547	24,493	56.15	2.88	$101,324
May 2015	426	21,830	55.21	2.96	$88,037
Apr 2015	477	21,275	49.82	2.71	$81,346
Mar 2015	484	22,373	42.89	2.93	$86,417
Feb 2015	506	21,353	44.66	2.98	$86,149
Jan 2015	501	23,741	43.43	3.10	$95,370
Dec 2014	276	22,756	54.69	3.59	$96,819
Nov 2014	301	22,191	70.46	4.25	$115,561
Oct 2014	226	24,711	78.30	3.90	$114,092
Sep 2014	170	23,587	86.16	4.05	$110,067
Aug 2014	221	25,248	89.39	4.04	$121,634
Jul 2014	185	22,049	96.56	4.18	$110,020
Jun 2014	191	25,260	98.16	4.74	$138,402
May 2014	224	26,281	94.73	4.73	$145,438
Apr 2014	257	24,661	95.94	4.81	$143,254
Mar 2014	255	27,540	95.89	5.06	$163,716
Feb 2014	323	25,332	97.40	6.19	$188,316
Jan 2014	309	28,174	90.40	4.86	$164,880
Dec 2013	232	29,797	91.82	4.35	$151,053
Nov 2013	211	28,993	88.85	3.74	$127,131
Oct 2013	237	29,844	97.42	3.78	$135,880
Sep 2013	408	30,752	104.11	3.72	$156,805
Aug 2013	373	31,326	104.25	3.52	$149,235
Jul 2013	343	32,097	102.52	3.72	$154,493
Jun 2013	293	27,678	94.40	3.93	$136,528
May 2013	292	28,035	94.83	4.15	$144,010
Apr 2013	363	33,278	93.96	4.28	$176,624
Mar 2013	425	36,287	93.62	3.91	$181,775
Feb 2013	418	32,888	91.23	3.42	$150,608
Jan 2013	471	38,685	91.60	3.42	$175,443
Dec 2012	497	40,338	86.77	3.42	$181,087
Nov 2012	535	35,523	86.95	3.62	$175,288
Oct 2012	688	41,610	89.38	3.40	$202,954
Sep 2012	718	42,993	94.67	2.92	$193,444
Aug 2012	602	47,184	92.66	2.91	$193,000
Jul 2012	526	31,638	85.13	3.02	$140,350
Jun 2012	773	44,622	79.82	2.52	$174,105
May 2012	772	48,786	91.61	2.49	$192,118
Apr 2012	822	50,308	101.65	2.00	$184,011
Mar 2012	947	53,226	105.05	2.22	$217,755
Feb 2012	867	53,801	101.10	2.57	$225,935
Jan 2012	1,311	62,159	98.09	2.73	$298,544
Dec 2011	1,355	57,340	96.87	3.24	$317,026
Nov 2011	1,352	55,307	95.72	3.31	$312,550
Oct 2011	872	49,794	84.98	3.65	$255,778
Sep 2011	809	49,618	83.62	3.99	$265,416
Aug 2011	875	59,173	83.40	4.15	$318,503
Jul 2011	1,035	62,775	94.14	4.52	$381,005
Jun 2011	1,093	61,548	92.90	4.64	$387,115
May 2011	1,220	67,803	98.13	4.40	$418,379
Apr 2011	1,595	69,450	105.96	4.33	$469,953
Mar 2011	2,056	79,937	96.36	4.06	$522,448
Feb 2011	1,638	71,194	85.64	4.18	$437,868
Jan 2011	2,040	89,458	86.50	4.59	$586,963
Dec 2010	2,368	87,922	85.73	4.35	$585,272
Nov 2010	3,241	89,363	80.84	3.80	$601,165
Oct 2010	4,345	107,037	78.10	3.51	$714,926
Sep 2010	4,105	108,710	72.63	3.98	$730,754

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           113 bbl  × $106.41 =    $12,024
Gas                9,170 Mcf  × $  3.05 =    $27,930

────────────────────────────────────────────────────
Month total                                  $39,955

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/257806 is the state's own key, not one this site invented.