I.V. MONTALVO 'A'

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the SUN, NORTH (5810) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14129District 04Field 87124878OilCasinghead gasSaveExport
Value, all time
$491 k
May 2019 – Nov 2024
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
67
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 9 leases and 10 wells, and the rule below applies to all of them.

Discovered
1989-06-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 05/01/2015.

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
OilDisposition6,831 bbl$403,454
Casinghead gasProduction32,104 Mcf$87,219
Total$490,673

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 26.6814, -98.4929. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.68136, -98.49290 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,500 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
1100.0%
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.
00.0%

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 6,500 ft.

Completions filed
Feb 2026
1 of 1 wells

1 well

42-42734762206,500 ftFeb 2026Yes

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 (67)

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

67 months

Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202452069.612.36$3,620
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20241078.812.20$79
Apr 20242084.451.66$169
Mar 20245080.301.55$402
Feb 202411076.091.78$837
Jan 20240673.023.30$20
Dec 20231762571.262.61$12,607
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20231761580.522.67$14,212
Jul 202305374.852.64$140
Jun 202305668.962.26$126
May 20231789170.622.23$12,773
Apr 202308878.122.24$197
Mar 202308972.852.39$213
Feb 202308975.112.47$219
Jan 202318010476.533.39$14,128
Dec 2022011576.415.73$659
Nov 202209685.005.65$542
Oct 20221829687.185.86$16,430
Sep 202205484.888.16$441
Aug 202204894.529.13$438
Jul 202217971101.587.54$18,718
Jun 2022096115.097.98$766
May 202218396109.378.43$20,824
Apr 20220105104.226.84$718
Mar 2022084108.885.08$426
Feb 20221807691.054.86$16,758
Jan 202207281.844.54$327
Dec 2021011471.323.90$445
Nov 20211787477.435.24$14,170
Oct 202106279.795.71$354
Sep 202106369.865.35$337
Aug 20211814866.024.22$12,152
Jul 2021010770.783.98$426
Jun 202117911469.493.38$12,824
May 202117612463.483.02$11,547
Apr 2021010460.362.76$287
Mar 20211776861.302.72$11,035
Feb 202104557.805.55$250
Jan 202103650.412.81$101
Dec 2020171644.642.68$7,649
Nov 202004038.772.71$108
Oct 20201816436.972.48$6,850
Sep 202018812237.091.99$7,216
Aug 2020013239.982.39$315
Jul 202017218638.371.83$6,939
Jun 202037517234.901.69$13,378
May 2020023616.921.81$428
Apr 202018315614.751.80$2,981
Mar 202018315630.341.86$5,842
Feb 202018013649.881.98$9,248
Jan 202018628357.252.09$11,241
Dec 20191859859.012.30$11,143
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190255.052.66$5
Aug 20195451,14153.112.30$31,574
Jul 20195595,08256.272.46$43,957
Jun 20195519,30852.782.49$52,270
May 201977612,20058.482.74$78,812

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 2024 — as filed, then multipliedworked
Oil                   52 bbl  × $ 69.61 =     $3,620
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $3,620

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/14129 is the state's own key, not one this site invented.