I.V. MONTALVO 'C'

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the SUN, NORTH (VICKSBURG 5980) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14050District 04Field 87124683OilCasinghead gasSaveExport
Value, all time
$22.8 M
Jun 2017 – May 2026
Value, last 12 filed months
$565
at the published price for each month
Months reported
108
no gaps in the span
Streams
2
oil, casinghead 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 2 leases and 8 wells, and the rule below applies to all of them.

Discovered
1984-06-20
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition377,683 bbl$20,737,461
Casinghead gasProduction692,260 Mcf$2,111,169
Total$22,848,630

Wells on this lease (7)

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 26.7017, -98.4806. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

26.70157, -98.48053 · 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
85.7%
6 of 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
6,700 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
685.7%
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.
114.3%

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

Between 6,300 and 8,100 ft, median 6,700 ft, over the 7 wells that filed a depth.

Completions filed
May 2019 – May 2026
7 of 7 wells

7 wells

42-42734743586,700 ftMay 2026Yes
42-42734736496,842 ftOct 2025Yes
42-42734737546,500 ftApr 2025Yes
42-42734747578,100 ftJun 2024Yes
42-42734739557,100 ftMay 2023Yes
42-42734766636,300 ftNov 2020Yes
42-42734742596,700 ftMay 2019

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 (108)

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

108 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 20259062.743.08$565
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 20250267.704.27$9
Feb 202587170.884.34$6,171
Jan 20252574.324.28$170
Dec 2024432068.993.12$1,275
Nov 202417989769.052.20$14,332
Oct 2024262,12371.372.28$6,699
Sep 20244133,38869.612.36$36,759
Aug 20242178,77875.632.06$34,526
Jul 2024283,87979.932.15$10,565
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 202210076.415.73$764
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20224084.888.16$340
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 2022700109.378.43$7,656
Apr 202200104.226.84$0
Mar 20223330108.885.08$36,257
Feb 2022326091.054.86$29,682
Jan 20222841681.844.54$23,315
Dec 20213002471.323.90$21,490
Nov 20214053077.435.24$31,516
Oct 202137323479.795.71$31,099
Sep 2021190069.865.35$13,273
Aug 2021188066.024.22$12,412
Jul 202191219270.783.98$65,316
Jun 20211,77860469.493.38$125,595
May 20211,41474563.483.02$92,009
Apr 20211,77082460.362.76$109,110
Mar 20212,1421,06761.302.72$134,204
Feb 20211,8211,07557.805.55$111,218
Jan 20212,3211,03650.412.81$119,913
Dec 20202,4761,29744.642.68$113,999
Nov 20202,7791,33738.772.71$111,361
Oct 20202,45187836.972.48$92,790
Sep 20203,2781,37137.091.99$124,311
Aug 20203,4852,17239.982.39$144,511
Jul 20204,3682,30538.371.83$171,807
Jun 20207,6162,04834.901.69$269,260
May 202002,28016.921.81$4,138
Apr 20202,9912,68214.751.80$48,957
Mar 20205,5594,12030.341.86$176,308
Feb 20206,3044,83349.881.98$324,016
Jan 20206,9675,48057.252.09$410,340
Dec 20197,7335,19159.012.30$468,286
Nov 20197,1224,90055.302.75$407,325
Oct 20196,6554,75653.472.42$367,345
Sep 20196,2495,15755.052.66$357,711
Aug 20196,0855,54653.112.30$335,954
Jul 20196,5006,06756.272.46$380,680
Jun 20196,8446,71052.782.49$377,942
May 20197,8198,49658.482.74$480,537
Apr 20198,74611,06762.632.75$578,204
Mar 201910,32415,98756.803.06$635,357
Feb 201911,25520,66150.852.79$630,007
Jan 201913,39523,77146.033.23$693,309
Dec 201816,56625,81646.594.19$879,861
Nov 201818,64823,91652.934.24$1,088,376
Oct 201817,69424,62361.443.40$1,170,790
Sep 201814,60922,29159.543.11$939,100
Aug 201816,31221,91959.403.07$1,036,149
Jul 201816,64122,33265.142.93$1,149,469
Jun 201817,06225,48060.183.08$1,105,191
May 201816,10626,91665.382.90$1,131,088
Apr 201812,28627,96363.842.90$865,453
Mar 201812,29831,85561.222.79$841,658
Feb 20187,38435,83561.782.77$555,307
Jan 20186,96739,58162.874.01$596,708
Dec 20176,33832,29457.272.92$457,325
Nov 20177,35830,41455.423.12$502,622
Oct 201710,57940,87949.292.98$643,409
Sep 20179,57246,29847.523.09$597,796
Aug 20175,19322,08645.373.00$301,962
Jul 20173,46317,41043.873.09$205,671
Jun 20170042.493.09$0

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.

Sep 2025 — as filed, then multipliedworked
Oil                    9 bbl  × $ 62.74 =       $565
Casinghead gas         0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                     $565

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/O/14050 is the state's own key, not one this site invented.