PETREE 3

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

Gas lease lease 219112District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Jun 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
240
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 712 leases and 714 wells, and the rule below applies to all of them.

Discovered
1964-01-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 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 2008-10-07.

The Commission's schedule remark for this field reads: FIELD

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 Gas112007-10-18177202
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
CondensateDisposition7,872 bbl$561,202
GasProduction653,715 Mcf$3,527,871
Total$4,089,072

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 35.7568, -100.3541. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.75683, -100.35413 · 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
12,900 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 12,900 ft.

1 well

42-211335821312,900 ft

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 (240)

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

240 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 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
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 20200014.751.80$0
Mar 202003630.341.86$67
Feb 20201935049.881.98$1,641
Jan 2020346957.252.09$1,154
Dec 20191676759.012.30$2,712
Nov 20191099055.302.75$3,276
Oct 201971,29253.472.42$3,499
Sep 201961,34255.052.66$3,896
Aug 201971,47953.112.30$3,780
Jul 2019038156.272.46$937
Jun 2019247852.782.49$1,296
May 2019473958.482.74$2,259
Apr 201991,44962.632.75$4,549
Mar 201991,59656.803.06$5,398
Feb 2019131,40650.852.79$4,587
Jan 201971,70246.033.23$5,817
Dec 2018111,63846.594.19$7,368
Nov 2018231,68552.934.24$8,357
Oct 2018141,73661.443.40$6,759
Sep 2018321,69059.543.11$7,158
Aug 201871,75959.403.07$5,810
Jul 2018241,71865.142.93$6,600
Jun 201851,69460.183.08$5,513
May 201861,80965.382.90$5,640
Apr 201841,52563.842.90$4,679
Mar 201881,69861.222.79$5,222
Feb 201871,57061.782.77$4,775
Jan 201871,75862.874.01$7,488
Dec 201731,85457.272.92$5,588
Nov 201741,79055.423.12$5,804
Oct 201741,86849.292.98$5,771
Sep 201771,79247.523.09$5,865
Aug 201731,83545.373.00$5,649
Jul 201741,90343.873.09$6,051
Jun 201731,65042.493.09$5,221
May 201741,86145.373.26$6,255
Apr 201731,80847.933.21$5,950
Mar 201751,85846.772.98$5,778
Feb 201731,76250.452.95$5,354
Jan 201721,91849.413.42$6,656
Dec 20161871,92248.763.72$16,273
Nov 201651,98042.492.64$5,448
Oct 201652,08446.193.09$6,671
Sep 201652,02641.553.10$6,490
Aug 201642,08241.442.92$6,254
Jul 201652,13341.622.92$6,446
Jun 201652,09845.352.69$5,862
May 201672,24142.521.99$4,760
Apr 201652,22136.561.99$4,605
Mar 201682,24433.011.79$4,290
Feb 201652,20126.472.06$4,674
Jan 201652,08727.352.36$5,071
Dec 201522,10432.362.00$4,276
Nov 201512,12238.792.17$4,638
Oct 201512,26543.552.43$5,540
Sep 201512,20142.992.76$6,114
Aug 201512,30940.162.87$6,673
Jul 201522,41148.152.95$7,197
Jun 201532,36756.152.88$6,992
May 201572,34755.212.96$7,323
Apr 201542,22049.822.71$6,208
Mar 201542,37142.892.93$7,130
Feb 201531,85444.662.98$5,652
Jan 201531,89343.433.10$6,000
Dec 201431,88154.693.59$6,919
Nov 201421,72670.464.25$7,480
Oct 201432,51478.303.90$10,042
Sep 201422,48386.164.05$10,217
Aug 201432,56189.394.04$10,602
Jul 201442,59796.564.18$11,241
Jun 201442,49098.164.74$12,187
May 201452,60094.734.73$12,763
Apr 201452,50495.944.81$12,522
Mar 201462,41095.895.06$12,762
Feb 201451,99997.406.19$12,865
Jan 201462,67390.404.86$13,535
Dec 201362,54791.824.35$11,642
Nov 201352,57488.853.74$10,067
Oct 201302,55897.423.78$9,668
Sep 201302,785104.113.72$10,354
Aug 201302,922104.253.52$10,293
Jul 201303,017102.523.72$11,216
Jun 201302,91794.403.93$11,474
May 201303,01294.834.15$12,497
Apr 201302,87393.964.28$12,304
Mar 201302,80193.623.91$10,960
Feb 201302,71991.233.42$9,299
Jan 201302,73791.603.42$9,360
Dec 201202,77486.773.42$9,488
Nov 20121862,83986.953.62$26,464
Oct 201202,95889.383.40$10,056
Sep 201202,89494.672.92$8,446
Aug 201203,02292.662.91$8,788
Jul 201202,95085.133.02$8,911
Jun 20121982,94579.822.52$23,223
May 201203,09291.612.49$7,694
Apr 201202,847101.652.00$5,685
Mar 201202,645105.052.22$5,877
Feb 201202,393101.102.57$6,151
Jan 201202,83798.092.73$7,757
Dec 201103,07996.873.24$9,975
Nov 20112012,88095.723.31$28,776
Oct 201103,35884.983.65$12,252
Sep 201103,35883.623.99$13,384
Aug 201103,50083.404.15$14,523
Jul 20111973,60294.144.52$34,817
Jun 201103,50292.904.64$16,249
May 201103,64498.134.40$16,051
Apr 201103,369105.964.33$14,599
Mar 201103,43596.364.06$13,937
Feb 20111993,27885.644.18$30,744
Jan 201103,61686.504.59$16,593
Dec 201003,69385.734.35$16,056
Nov 201003,70880.843.80$14,073
Oct 201003,91678.103.51$13,741
Sep 20101913,74772.633.98$28,783
Aug 201003,95473.684.42$17,474
Jul 201004,05972.554.74$19,225
Jun 201003,82470.364.91$18,777
May 201003,86571.124.24$16,369
Apr 20101964,24981.694.12$33,529
Mar 201004,88578.394.39$21,439
Feb 201004,47273.585.44$24,338
Jan 201004,63274.365.96$27,626
Dec 200904,81771.445.48$26,415
Nov 200904,53174.593.75$16,998
Oct 200904,83772.544.11$19,881
Sep 20091744,83165.543.06$26,210
Aug 200905,05267.423.22$16,260
Jul 200905,08761.133.46$17,624
Jun 200904,91166.163.90$19,128
May 200905,20554.743.93$20,434
Apr 20091935,18646.773.59$27,631
Mar 200905,30742.144.06$21,541
Feb 200904,99732.814.63$23,151
Jan 200906,11535.865.37$32,844
Dec 20081977,59737.105.98$52,717
Nov 200805,64455.496.86$38,720
Oct 20081886,43675.246.92$58,695
Sep 200806,106101.767.88$48,098
Aug 20081936,685114.228.48$78,753
Jul 200806,835131.0811.39$77,847
Jun 200806,338131.3313.03$82,601
May 20081896,703123.1711.57$100,862
Apr 200806,973110.3110.45$72,902
Mar 20081917,254101.909.66$89,566
Feb 20081866,93292.538.77$78,008
Jan 200806,96690.388.21$57,161
Dec 20071907,02588.337.30$68,079
Nov 20071996,96091.677.29$68,993
Oct 20071997,82882.856.92$70,672
Sep 200707,62675.846.24$47,618
Aug 200708,37169.066.39$53,473
Jul 20071999,39970.906.39$74,149
Jun 200709,48562.007.55$71,597
May 20071919,20058.747.85$83,405
Apr 20072019,31059.617.81$84,648
Mar 20072009,98956.927.30$84,323
Feb 200720313,48655.108.22$121,986
Jan 200709,57150.306.73$64,383
Dec 200640112,54056.656.92$109,474
Nov 200640111,75854.207.62$111,301
Oct 200619713,91154.906.01$94,473
Sep 200639615,74160.085.04$103,082
Aug 200659418,08668.717.34$173,564
Jul 200678032,00969.376.34$257,134
Jun 200605,91666.286.38$37,767

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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.34 =         $0
Gas                   36 Mcf  × $  1.86 =        $67

────────────────────────────────────────────────────
Month total                                      $67

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/219112 is the state's own key, not one this site invented.