TIBBETS

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

Gas lease lease 171227District 10Field 68826001GasSaveExport
Value, all time
$677 k
Aug 1998 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
334
no gaps in the span
Streams
1
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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

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
GasProduction153,682 Mcf$676,628
Total$676,628

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 35.2202, -100.6064. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.22019, -100.60639 · 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
2,485 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 2,485 ft.

Completions filed
Aug 1998
1 of 1 wells

1 well

42-1793234222,485 ftAug 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 (334)

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

334 months

May 2026274106.413.05$835
Apr 202625198.932.87$720
Mar 202619689.753.15$617
Feb 202617863.503.75$668
Jan 202620359.138.00$1,624
Dec 202522156.664.41$975
Nov 202520558.593.93$805
Oct 202522359.383.30$737
Sep 202521862.743.08$671
Aug 202521063.933.01$633
Jul 202520966.743.32$693
Jun 202522166.483.13$691
May 202522560.553.23$727
Apr 202521062.363.54$744
Mar 202523967.704.27$1,020
Feb 202523070.884.34$998
Jan 202524074.324.28$1,027
Dec 202424168.993.12$752
Nov 202425369.052.20$556
Oct 202424771.372.28$564
Sep 202424469.612.36$577
Aug 202424575.632.06$506
Jul 202425579.932.15$547
Jun 202425178.082.63$661
May 202429378.812.20$644
Apr 202423184.451.66$383
Mar 202422780.301.55$351
Feb 202420176.091.78$359
Jan 202422873.023.30$752
Dec 202323271.262.61$606
Nov 202322177.892.81$620
Oct 202322185.443.09$682
Sep 202323189.042.74$632
Aug 202322580.522.67$601
Jul 202323774.852.64$626
Jun 202323468.962.26$528
May 202327970.622.23$621
Apr 202319478.122.24$434
Mar 202347672.852.39$1,139
Feb 202340475.112.47$996
Jan 202325176.533.39$850
Dec 202226476.415.73$1,512
Nov 202223185.005.65$1,304
Oct 202222687.185.86$1,325
Sep 202222084.888.16$1,796
Aug 202222094.529.13$2,008
Jul 2022211101.587.54$1,591
Jun 2022210115.097.98$1,675
May 2022209109.378.43$1,763
Apr 2022207104.226.84$1,415
Mar 2022203108.885.08$1,031
Feb 202220191.054.86$977
Jan 202224581.844.54$1,112
Dec 202122471.323.90$873
Nov 202122777.435.24$1,189
Oct 202124479.795.71$1,394
Sep 202124569.865.35$1,311
Aug 202126466.024.22$1,114
Jul 202123470.783.98$932
Jun 202124169.493.38$815
May 202124263.483.02$730
Apr 202122060.362.76$607
Mar 202122361.302.72$606
Feb 202122257.805.55$1,232
Jan 202123150.412.81$649
Dec 202023844.642.68$637
Nov 202026238.772.71$709
Oct 202021436.972.48$530
Sep 202024437.091.99$486
Aug 202026239.982.39$625
Jul 202025638.371.83$467
Jun 202025234.901.69$426
May 202023116.921.81$419
Apr 202026014.751.80$469
Mar 202026930.341.86$499
Feb 202024849.881.98$491
Jan 202025257.252.09$528
Dec 201923859.012.30$548
Nov 201923555.302.75$646
Oct 201927253.472.42$658
Sep 201924655.052.66$654
Aug 201924853.112.30$571
Jul 201925756.272.46$632
Jun 201929452.782.49$732
May 201924958.482.74$682
Apr 201927462.632.75$754
Mar 201926456.803.06$808
Feb 201923250.852.79$648
Jan 201926046.033.23$839
Dec 201826746.594.19$1,118
Nov 201825852.934.24$1,093
Oct 201828661.443.40$972
Sep 201828759.543.11$892
Aug 201829159.403.07$892
Jul 201826665.142.93$780
Jun 201827660.183.08$849
May 201825865.382.90$748
Apr 201825163.842.90$728
Mar 201826461.222.79$736
Feb 201823861.782.77$658
Jan 201825962.874.01$1,038
Dec 201725857.272.92$754
Nov 201726755.423.12$833
Oct 201728349.292.98$844
Sep 201727247.523.09$840
Aug 201728245.373.00$847
Jul 201727443.873.09$846
Jun 201727642.493.09$852
May 201728445.373.26$927
Apr 201728347.933.21$909
Mar 201727246.772.98$812
Feb 201724850.452.95$732
Jan 201727349.413.42$933
Dec 201628348.763.72$1,054
Nov 201628142.492.64$743
Oct 201629246.193.09$902
Sep 201628741.553.10$890
Aug 201629641.442.92$866
Jul 201630241.622.92$883
Jun 201629245.352.69$784
May 201630342.521.99$603
Apr 201629236.561.99$581
Mar 201627033.011.79$484
Feb 201626926.472.06$555
Jan 201630527.352.36$721
Dec 201531132.362.00$622
Nov 201528738.792.17$622
Oct 201531343.552.43$760
Sep 201528642.992.76$789
Aug 201530040.162.87$862
Jul 201529748.152.95$875
Jun 201530556.152.88$879
May 201531155.212.96$919
Apr 201529749.822.71$804
Mar 201530342.892.93$889
Feb 201526544.662.98$789
Jan 201530143.433.10$933
Dec 201431754.693.59$1,138
Nov 201430470.464.25$1,293
Oct 201432978.303.90$1,283
Sep 201431986.164.05$1,291
Aug 201433089.394.04$1,332
Jul 201433096.564.18$1,379
Jun 201432698.164.74$1,544
May 201432394.734.73$1,527
Apr 201431695.944.81$1,520
Mar 201431495.895.06$1,588
Feb 201428897.406.19$1,783
Jan 201432690.404.86$1,585
Dec 201332391.824.35$1,407
Nov 201331888.853.74$1,189
Oct 201334497.423.78$1,300
Sep 2013343104.113.72$1,275
Aug 2013360104.253.52$1,268
Jul 2013353102.523.72$1,312
Jun 201334994.403.93$1,373
May 201335394.834.15$1,465
Apr 201334193.964.28$1,460
Mar 201335493.623.91$1,385
Feb 201332291.233.42$1,101
Jan 201334591.603.42$1,180
Dec 201236786.773.42$1,255
Nov 201233986.953.62$1,229
Oct 201234889.383.40$1,183
Sep 201237294.672.92$1,086
Aug 201238792.662.91$1,125
Jul 201238385.133.02$1,157
Jun 201236679.822.52$922
May 201236491.612.49$906
Apr 2012364101.652.00$727
Mar 2012347105.052.22$771
Feb 2012362101.102.57$930
Jan 201235898.092.73$979
Dec 201138696.873.24$1,251
Nov 201138895.723.31$1,285
Oct 201141884.983.65$1,525
Sep 201139683.623.99$1,578
Aug 201140483.404.15$1,676
Jul 201134794.144.52$1,567
Jun 201134992.904.64$1,619
May 201137298.134.40$1,639
Apr 2011366105.964.33$1,586
Mar 201138796.364.06$1,570
Feb 201135785.644.18$1,492
Jan 201139286.504.59$1,799
Dec 201039985.734.35$1,735
Nov 201040580.843.80$1,537
Oct 201041178.103.51$1,442
Sep 201040372.633.98$1,604
Aug 201042873.684.42$1,891
Jul 201043572.554.74$2,060
Jun 201041970.364.91$2,057
May 201042071.124.24$1,779
Apr 201043481.694.12$1,789
Mar 201041378.394.39$1,813
Feb 201039073.585.44$2,123
Jan 201039974.365.96$2,380
Dec 200942171.445.48$2,309
Nov 200942074.593.75$1,576
Oct 200947372.544.11$1,944
Sep 200946565.543.06$1,425
Aug 200947067.423.22$1,513
Jul 200947061.133.46$1,628
Jun 200945866.163.90$1,784
May 200944954.743.93$1,763
Apr 200943346.773.59$1,553
Mar 200944242.144.06$1,794
Feb 200939532.814.63$1,830
Jan 200946335.865.37$2,487
Dec 200847337.105.98$2,827
Nov 200843755.496.86$2,998
Oct 200848275.246.92$3,336
Sep 2008482101.767.88$3,797
Aug 2008486114.228.48$4,123
Jul 2008471131.0811.39$5,364
Jun 2008439131.3313.03$5,721
May 2008499123.1711.57$5,776
Apr 2008484110.3110.45$5,060
Mar 2008468101.909.66$4,523
Feb 200843992.538.77$3,850
Jan 200845690.388.21$3,742
Dec 200747688.337.30$3,476
Nov 200747891.677.29$3,485
Oct 200751782.856.92$3,579
Sep 200751275.846.24$3,197
Aug 200753069.066.39$3,386
Jul 200754670.906.39$3,488
Jun 200748962.007.55$3,691
May 200750258.747.85$3,939
Apr 200749959.617.81$3,895
Mar 200748156.927.30$3,512
Feb 200743955.108.22$3,607
Jan 200744250.306.73$2,973
Dec 200649156.656.92$3,397
Nov 200671254.207.62$5,424
Oct 200680654.906.01$4,847
Sep 200679260.085.04$3,989
Aug 200688768.717.34$6,511
Jul 200682569.376.34$5,233
Jun 200679766.286.38$5,088
May 200678966.016.42$5,069
Apr 200651264.397.36$3,769
Mar 200651856.707.08$3,669
Feb 200645457.597.75$3,519
Jan 200651160.598.93$4,565
Dec 200552454.9413.42$7,030
Nov 200553154.6910.59$5,622
Oct 200554458.3413.80$7,505
Sep 200555561.4512.08$6,704
Aug 200559061.519.80$5,780
Jul 200558455.697.84$4,581
Jun 200557152.337.38$4,215
May 200558045.226.65$3,858
Apr 200555549.207.36$4,085
Mar 200555750.377.15$3,985
Feb 200553445.226.31$3,371
Jan 200545243.166.32$2,858
Dec 200454539.866.75$3,679
Nov 200455545.286.33$3,513
Oct 200458549.706.52$3,811
Sep 200456843.245.28$3,001
Aug 200460342.375.55$3,347
Jul 200460938.286.08$3,705
Jun 200459436.106.43$3,821
May 200462937.486.49$4,085
Apr 200459934.475.86$3,509
Mar 200462734.365.53$3,467
Feb 200457732.455.51$3,179
Jan 200461432.036.30$3,868
Dec 200363130.266.30$3,976
Nov 200363228.804.60$2,904
Oct 200367228.174.76$3,198
Sep 200365026.314.75$3,087
Aug 200364029.765.13$3,283
Jul 200365829.415.17$3,402
Jun 200365328.565.98$3,907
May 200364026.595.97$3,823
Apr 200359826.675.41$3,234
Mar 200365231.146.10$3,975
Feb 200361233.487.93$4,851
Jan 200366030.315.58$3,684
Dec 200267426.914.85$3,271
Nov 200228224.664.14$1,167
Oct 200270426.464.23$2,977
Sep 200269827.443.64$2,537
Aug 200276225.963.16$2,411
Jul 200274324.583.06$2,275
Jun 200274223.733.34$2,477
May 200273124.663.58$2,620
Apr 200271923.653.51$2,525
Mar 200270822.003.10$2,197
Feb 200267318.222.38$1,599
Jan 200272317.172.38$1,718
Dec 200169216.932.36$1,636
Nov 200174418.072.41$1,790
Oct 200177619.782.53$1,962
Sep 200185324.262.25$1,920
Aug 200183124.873.05$2,537
Jul 200171823.933.20$2,296
Jun 200173124.563.82$2,795
May 200182625.524.31$3,558
Apr 200178824.685.34$4,204
Mar 200185024.545.38$4,570
Feb 200176527.755.77$4,412
Jan 200183127.478.40$6,979
Dec 200085826.889.12$7,827
Nov 200084832.215.66$4,798
Oct 200088831.235.15$4,569
Sep 200085031.875.19$4,409
Aug 200086529.644.54$3,928
Jul 200089528.534.09$3,660
Jun 200095029.304.40$4,177
May 200095827.263.68$3,525
Apr 200092224.513.12$2,873
Mar 200099528.422.86$2,845
Feb 200090527.622.73$2,467
Jan 200093925.272.48$2,329
Dec 199996724.282.42$2,344
Nov 19991,00923.192.43$2,456
Oct 19991,03220.982.80$2,893
Sep 19991,06121.752.62$2,779
Aug 19991,14719.262.88$3,298
Jul 19991,15217.892.37$2,733
Jun 19991,20615.942.36$2,849
May 19991,26115.792.32$2,927
Apr 19991,25415.102.21$2,769
Mar 19991,15812.471.84$2,129
Feb 19991,1999.981.82$2,180
Jan 19991,48510.381.90$2,821
Dec 19981,6019.201.77$2,839
Nov 19981,82810.892.19$3,996
Oct 19982,25612.421.97$4,443
Sep 19982,55112.592.08$5,313
Aug 1998011.301.91$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.

May 2026 — as filed, then multipliedworked
Gas                  274 Mcf  × $  3.05 =       $835

────────────────────────────────────────────────────
Month total                                     $835

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/171227 is the state's own key, not one this site invented.