DEREK 12

Operated by BCE-MACH III LLC (P-5 40209) in the HEMPHILL (DOUGLAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168452District 10Field 403111002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Mar 1998 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
339
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 239 leases and 247 wells, and the rule below applies to all of them.

Discovered
1977-09-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2012-08-21.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.

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 Gas112006-12-15171909
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
CondensateDisposition9,972 bbl$284,133
GasProduction611,822 Mcf$1,965,160
Total$2,249,293

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 35.7191, -100.2104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.71913, -100.21035 · 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
14,350 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 14,350 ft.

Completions filed
Mar 1998
1 of 1 wells

1 well

42-21132229114,350 ftMar 1998

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 (339)

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

339 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 20250062.743.08$0
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 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
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 2023175072.852.39$12,749
Feb 20230075.112.47$0
Jan 2023015776.533.39$532
Dec 2022019076.415.73$1,089
Nov 2022016085.005.65$903
Oct 2022022587.185.86$1,319
Sep 2022020284.888.16$1,649
Aug 2022018494.529.13$1,679
Jul 20220208101.587.54$1,569
Jun 20220234115.097.98$1,867
May 20220279109.378.43$2,353
Apr 20220195104.226.84$1,333
Mar 20220286108.885.08$1,452
Feb 202214715391.054.86$14,128
Jan 2022031481.844.54$1,425
Dec 2021013271.323.90$515
Nov 2021030477.435.24$1,592
Oct 202104679.795.71$263
Sep 2021081169.865.35$4,340
Aug 202102,94066.024.22$12,409
Jul 2021028270.783.98$1,123
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202031014.751.80$457
Mar 2020021330.341.86$395
Feb 2020028849.881.98$570
Jan 2020020757.252.09$434
Dec 20198619059.012.30$5,513
Nov 2019015855.302.75$435
Oct 2019019153.472.42$462
Sep 2019049155.052.66$1,305
Aug 2019059453.112.30$1,369
Jul 2019024956.272.46$613
Jun 20191766552.782.49$2,554
May 2019044658.482.74$1,222
Apr 201905162.632.75$140
Mar 2019011056.803.06$337
Feb 20198212950.852.79$4,530
Jan 2019081546.033.23$2,631
Dec 2018083846.594.19$3,507
Nov 2018093852.934.24$3,975
Oct 2018076061.443.40$2,583
Sep 20184215059.543.11$2,967
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201805363.842.90$154
Mar 2018023261.222.79$647
Feb 2018017961.782.77$495
Jan 2018025262.874.01$1,010
Dec 2017040457.272.92$1,180
Nov 2017038855.423.12$1,210
Oct 20179629549.292.98$5,612
Sep 2017028747.523.09$886
Aug 2017028845.373.00$865
Jul 2017027443.873.09$846
Jun 2017040442.493.09$1,247
May 2017025245.373.26$822
Apr 2017014747.933.21$472
Mar 2017038946.772.98$1,161
Feb 2017012850.452.95$378
Jan 2017017549.413.42$598
Dec 2016048948.763.72$1,820
Nov 2016043242.492.64$1,142
Oct 201615937246.193.09$8,494
Sep 201615924341.553.10$7,360
Aug 2016023741.442.92$693
Jul 2016026741.622.92$781
Jun 2016027945.352.69$749
May 2016029842.521.99$593
Apr 2016023536.561.99$468
Mar 2016019033.011.79$341
Feb 2016014826.472.06$305
Jan 2016024127.352.36$570
Dec 2015037732.362.00$755
Nov 2015022038.792.17$477
Oct 2015068243.552.43$1,655
Sep 2015027942.992.76$770
Aug 2015026540.162.87$761
Jul 2015024548.152.95$722
Jun 2015035356.152.88$1,018
May 2015025455.212.96$751
Apr 2015019549.822.71$528
Mar 2015023542.892.93$690
Feb 2015036944.662.98$1,098
Jan 2015059343.433.10$1,839
Dec 2014028554.693.59$1,024
Nov 2014014370.464.25$608
Oct 2014020878.303.90$811
Sep 2014080186.164.05$3,240
Aug 201415479789.394.04$16,982
Jul 2014036996.564.18$1,542
Jun 201401,44598.164.74$6,845
May 2014020594.734.73$969
Apr 2014017395.944.81$832
Mar 2014037395.895.06$1,886
Feb 2014028097.406.19$1,734
Jan 2014018790.404.86$909
Dec 2013021491.824.35$932
Nov 2013071688.853.74$2,677
Oct 2013055697.423.78$2,101
Sep 20130377104.113.72$1,402
Aug 20130302104.253.52$1,064
Jul 20130238102.523.72$885
Jun 2013023094.403.93$905
May 2013034994.834.15$1,448
Apr 2013028893.964.28$1,233
Mar 2013029493.623.91$1,150
Feb 2013022491.233.42$766
Jan 2013026891.603.42$917
Dec 2012019686.773.42$670
Nov 2012021586.953.62$779
Oct 2012021889.383.40$741
Sep 2012022694.672.92$660
Aug 2012028092.662.91$814
Jul 2012030385.133.02$915
Jun 2012016579.822.52$416
May 2012018491.612.49$458
Apr 20120174101.652.00$347
Mar 20120218105.052.22$484
Feb 20120179101.102.57$460
Jan 2012013498.092.73$366
Dec 201108496.873.24$272
Nov 201103695.723.31$119
Oct 201106084.983.65$219
Sep 201116410483.623.99$14,128
Aug 2011063383.404.15$2,627
Jul 2011072294.144.52$3,261
Jun 2011042092.904.64$1,949
May 2011036298.134.40$1,595
Apr 20110349105.964.33$1,512
Mar 2011032796.364.06$1,327
Feb 2011090485.644.18$3,779
Jan 201102,28686.504.59$10,490
Dec 2010090585.734.35$3,935
Nov 2010010780.843.80$406
Oct 2010014078.103.51$491
Sep 201004872.633.98$191
Aug 201002173.684.42$93
Jul 2010011072.554.74$521
Jun 2010027470.364.91$1,345
May 2010043971.124.24$1,859
Apr 2010046681.694.12$1,921
Mar 2010047078.394.39$2,063
Feb 2010041473.585.44$2,253
Jan 2010046174.365.96$2,749
Dec 2009044471.445.48$2,435
Nov 2009047074.593.75$1,763
Oct 2009084072.544.11$3,453
Sep 2009050365.543.06$1,542
Aug 2009050667.423.22$1,629
Jul 2009055261.133.46$1,912
Jun 2009065466.163.90$2,547
May 2009048054.743.93$1,884
Apr 2009046846.773.59$1,679
Mar 2009060342.144.06$2,448
Feb 2009048132.814.63$2,228
Jan 2009053235.865.37$2,857
Dec 2008057437.105.98$3,431
Nov 2008054655.496.86$3,746
Oct 2008054275.246.92$3,752
Sep 20080520101.767.88$4,096
Aug 20080401114.228.48$3,402
Jul 20080476131.0811.39$5,421
Jun 20080534131.3313.03$6,959
May 20080549123.1711.57$6,354
Apr 2008160671110.3110.45$24,665
Mar 20080575101.909.66$5,557
Feb 2008057292.538.77$5,017
Jan 2008064890.388.21$5,317
Dec 2007052888.337.30$3,855
Nov 2007054091.677.29$3,938
Oct 200715375582.856.92$17,902
Sep 2007082075.846.24$5,120
Aug 200720178069.066.39$18,864
Jul 2007054870.906.39$3,501
Jun 2007059162.007.55$4,461
May 2007060458.747.85$4,739
Apr 2007052759.617.81$4,113
Mar 2007097956.927.30$7,149
Feb 2007068055.108.22$5,587
Jan 2007060450.306.73$4,063
Dec 2006088256.656.92$6,102
Nov 200611283854.207.62$12,454
Oct 2006098654.906.01$5,930
Sep 2006045160.085.04$2,272
Aug 2006070568.717.34$5,175
Jul 2006085769.376.34$5,436
Jun 2006094666.286.38$6,039
May 200601,01466.016.42$6,515
Apr 200601,19764.397.36$8,810
Mar 200601,22456.707.08$8,669
Feb 200615479457.597.75$15,023
Jan 200601,18960.598.93$10,622
Dec 200501,08754.9413.42$14,583
Nov 200501,33454.6910.59$14,125
Oct 200501,17958.3413.80$16,265
Sep 20051731,07661.4512.08$23,628
Aug 200501,17761.519.80$11,531
Jul 200501,17755.697.84$9,232
Jun 200501,19452.337.38$8,813
May 200501,14145.226.65$7,589
Apr 200501,17249.207.36$8,626
Mar 2005070650.377.15$5,051
Feb 2005046045.226.31$2,903
Jan 200501,29443.166.32$8,181
Dec 200401,47839.866.75$9,978
Nov 200401,87545.286.33$11,870
Oct 200401,91249.706.52$12,457
Sep 200402,77343.245.28$14,652
Aug 20041972,50042.375.55$22,224
Jul 200401,27338.286.08$7,745
Jun 200401,21036.106.43$7,784
May 200401,17537.486.49$7,631
Apr 200401,12834.475.86$6,608
Mar 200401,34634.365.53$7,444
Feb 200401,25332.455.51$6,904
Jan 200401,38232.036.30$8,706
Dec 20031731,44330.266.30$14,328
Nov 200301,48128.804.60$6,805
Oct 200301,45528.174.76$6,925
Sep 200301,44926.314.75$6,882
Aug 200301,42129.765.13$7,289
Jul 200301,52129.415.17$7,865
Jun 200301,33428.565.98$7,981
May 200301,39226.595.97$8,314
Apr 20031971,83026.675.41$15,149
Mar 200301,91631.146.10$11,680
Feb 200301,44133.487.93$11,421
Jan 200301,47630.315.58$8,239
Dec 200201,21226.914.85$5,883
Nov 200201,49124.664.14$6,168
Oct 200201,01326.464.23$4,284
Sep 200218299327.443.64$8,604
Aug 200201,52925.963.16$4,838
Jul 200201,85424.583.06$5,677
Jun 200201,64023.733.34$5,475
May 2002074124.663.58$2,656
Apr 200201,52023.653.51$5,339
Mar 200201,76522.003.10$5,476
Feb 200201,55218.222.38$3,687
Jan 20021861,42117.172.38$6,569
Dec 200102,50216.932.36$5,916
Nov 200101,47918.072.41$3,558
Oct 200101,64319.782.53$4,155
Sep 200101,47424.262.25$3,318
Aug 200101,87624.873.05$5,728
Jul 20011821,77823.933.20$10,040
Jun 200102,01524.563.82$7,706
May 200101,95325.524.31$8,412
Apr 200102,93824.685.34$15,675
Mar 200103,02124.545.38$16,242
Feb 20012002,01027.755.77$17,142
Jan 200102,52327.478.40$21,190
Dec 200001,34026.889.12$12,224
Nov 200002,47132.215.66$13,981
Oct 200003,44031.235.15$17,701
Sep 200004,52031.875.19$23,443
Aug 200005,72329.644.54$25,987
Jul 200004,28428.534.09$17,520
Jun 20002133,90929.304.40$23,430
May 200004,18127.263.68$15,385
Apr 20002135,77224.513.12$23,206
Mar 200007,21128.422.86$20,622
Feb 20002107,65027.622.73$26,658
Jan 200006,27625.272.48$15,568
Dec 1999012,63124.282.42$30,614
Nov 19992019,54023.192.43$27,881
Oct 1999012,66020.982.80$35,495
Sep 19992128,95521.752.62$28,063
Aug 199920411,12819.262.88$35,929
Jul 199907,48217.892.37$17,750
Jun 19992139,41915.942.36$25,644
May 199918214,27315.792.32$36,002
Apr 1999015,94215.102.21$35,201
Mar 199933618,34012.471.84$37,905
Feb 199921713,9059.981.82$27,442
Jan 199919417,31310.381.90$34,908
Dec 199821322,0569.201.77$41,072
Nov 199820427,41410.892.19$62,141
Oct 199821016,72212.421.97$35,537
Sep 199820919,76712.592.08$43,798
Aug 199863222,36811.301.91$49,805
Jul 199842332,89011.742.24$78,550
Jun 199883343,13911.242.24$105,877
May 19981,27135,32412.622.21$93,977
Apr 1998010,80713.042.51$27,075
Mar 19980012.802.31$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.

Mar 2023 — as filed, then multipliedworked
Condensate           175 bbl  × $ 72.85 =    $12,749
Gas                    0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                  $12,749

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. 10/G/168452 is the state's own key, not one this site invented.