I.V. MONTALVO 'C'

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the SUN, NORTH (5410) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14154District 04Field 87124831OilCasinghead gasSaveExport
Value, all time
$374 k
Apr 2021 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
62
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1976-08-28
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
OilDisposition4,307 bbl$332,845
Casinghead gasProduction14,733 Mcf$41,355
Total$374,201

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 26.6964, -98.4812. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.69642, -98.48122 · 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
8,100 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 8,100 ft.

Completions filed
Jun 2024
1 of 1 wells

1 well

42-42734747578,100 ftJun 2024

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 (62)

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

62 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 20252062.743.08$125
Aug 20253063.933.01$192
Jul 202510066.743.32$667
Jun 2025451566.483.13$3,039
May 20252714660.553.23$2,107
Apr 2025011662.363.54$411
Mar 202529067.704.27$1,963
Feb 20252038870.884.34$3,102
Jan 20254197174.324.28$7,202
Dec 2024761,13468.993.12$8,783
Nov 2024351,12869.052.20$4,897
Oct 2024381,13471.372.28$5,299
Sep 2024581,12369.612.36$6,693
Aug 2024231,19675.632.06$4,208
Jul 20242160179.932.15$2,969
Jun 20242271,55478.082.63$21,817
May 202412036878.812.20$10,266
Apr 20248127784.451.66$7,300
Mar 20246624180.301.55$5,672
Feb 20249141476.091.78$7,663
Jan 20246723773.023.30$5,674
Dec 20237636071.262.61$6,356
Nov 20230077.892.81$0
Oct 202331085.443.09$2,649
Sep 20230089.042.74$0
Aug 2023121080.522.67$9,743
Jul 2023014274.852.64$375
Jun 202314249368.962.26$10,906
May 20230070.622.23$0
Apr 202399078.122.24$7,734
Mar 2023202072.852.39$14,716
Feb 2023123075.112.47$9,239
Jan 20230076.533.39$0
Dec 2022193076.415.73$14,747
Nov 202276085.005.65$6,460
Oct 202276087.185.86$6,626
Sep 202273084.888.16$6,196
Aug 202259094.529.13$5,577
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 2022730109.378.43$7,984
Apr 2022910104.226.84$9,484
Mar 20221080108.885.08$11,759
Feb 2022101091.054.86$9,196
Jan 2022227081.844.54$18,578
Dec 20211135471.323.90$8,270
Nov 202111527377.435.24$10,334
Oct 2021229879.795.71$18,318
Sep 202111523169.865.35$9,270
Aug 2021114066.024.22$7,526
Jul 202122234070.783.98$17,067
Jun 202120369469.493.38$16,453
May 202117493263.483.02$13,858
Apr 20217116360.362.76$4,735

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                    2 bbl  × $ 62.74 =       $125
Casinghead gas         0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                     $125

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/14154 is the state's own key, not one this site invented.