ISAACS 1

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

Gas lease lease 237514District 10Field 604625002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
May 2008 – May 2026
Value, last 12 filed months
$108 k
at the published price for each month
Months reported
217
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 718 leases and 729 wells, and the rule below applies to all of them.

Discovered
1965-01-23
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 80 acres. The field rule took effect on 2011-06-27.

The Commission's schedule remark for this field reads: WASH) FIELD EFFECTIVE 12/05/17.

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 Gas112008-09-18185471
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
CondensateDisposition35,130 bbl$2,965,044
GasProduction938,739 Mcf$4,591,344
Total$7,556,388

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 35.8740, -100.4942. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.87402, -100.49418 · 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
9,996 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 9,996 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-211341927H9,996 ftMay 2008

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 (217)

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

217 months

May 202602,207106.413.05$6,722
Apr 2026078398.932.87$2,247
Mar 20261531,23789.753.15$17,628
Feb 202601,23363.503.75$4,624
Jan 202601,50959.138.00$12,069
Dec 202501,73256.664.41$7,644
Nov 20251751,74358.593.93$17,097
Oct 202501,61659.383.30$5,341
Sep 202501,65462.743.08$5,089
Aug 202501,81963.933.01$5,484
Jul 20251841,91766.743.32$18,635
Jun 202501,82166.483.13$5,697
May 20250060.553.23$0
Apr 202501,83362.363.54$6,495
Mar 202501,74267.704.27$7,435
Feb 20251841,67470.884.34$20,308
Jan 202501,24374.324.28$5,318
Dec 202401,99268.993.12$6,218
Nov 202401,06369.052.20$2,337
Oct 20241862,35771.372.28$18,652
Sep 202402,55169.612.36$6,031
Aug 202401,39175.632.06$2,871
Jul 2024012879.932.15$275
Jun 2024060678.082.63$1,596
May 202401,73078.812.20$3,803
Apr 202401,71084.451.66$2,837
Mar 20241831,66880.301.55$17,272
Feb 202401,49576.091.78$2,667
Jan 202401,63873.023.30$5,402
Dec 202301,76671.262.61$4,611
Nov 20231321,67477.892.81$14,981
Oct 202301,90885.443.09$5,891
Sep 202301,55989.042.74$4,264
Aug 202301,70180.522.67$4,547
Jul 202301,71174.852.64$4,520
Jun 202301,65968.962.26$3,747
May 20231841,38670.622.23$16,081
Apr 202301,71178.122.24$3,829
Mar 202301,99372.852.39$4,770
Feb 202301,67175.112.47$4,120
Jan 20231951,73776.533.39$20,808
Dec 202201,87376.415.73$10,731
Nov 202201,68785.005.65$9,525
Oct 202201,67487.185.86$9,816
Sep 202201,57384.888.16$12,841
Aug 20221842,21594.529.13$37,608
Jul 202202,191101.587.54$16,525
Jun 202202,087115.097.98$16,648
May 202202,237109.378.43$18,865
Apr 20221922,066104.226.84$34,137
Mar 202202,049108.885.08$10,402
Feb 202201,52591.054.86$7,410
Jan 20221972,14781.844.54$25,865
Dec 202102,28371.323.90$8,902
Nov 202102,26977.435.24$11,882
Oct 20211982,32979.795.71$29,106
Sep 202102,26469.865.35$12,114
Aug 202102,42766.024.22$10,243
Jul 20211952,34570.783.98$23,140
Jun 202101,87569.493.38$6,339
May 202102,14963.483.02$6,485
Apr 20211872,40860.362.76$17,930
Mar 202102,58261.302.72$7,015
Feb 202101,78357.805.55$9,892
Jan 202102,52850.412.81$7,104
Dec 20201892,80144.642.68$15,931
Nov 2020051438.772.71$1,391
Oct 202002,17036.972.48$5,378
Sep 202002,45737.091.99$4,892
Aug 20201872,69539.982.39$13,904
Jul 202002,20338.371.83$4,021
Jun 202002,90734.901.69$4,914
May 202002,48916.921.81$4,517
Apr 202086014.751.80$1,269
Mar 20201942,13430.341.86$9,847
Feb 202002,29849.881.98$4,552
Jan 202002,06957.252.09$4,334
Dec 201902,41259.012.30$5,558
Nov 20191292,37755.302.75$13,672
Oct 201902,23653.472.42$5,408
Sep 20191552,33155.052.66$14,727
Aug 201902,45853.112.30$5,664
Jul 2019712,50656.272.46$10,160
Jun 20191852,44552.782.49$15,855
May 201902,53658.482.74$6,949
Apr 201902,39162.632.75$6,577
Mar 2019902,26456.803.06$12,045
Feb 201902,15150.852.79$6,006
Jan 201901,93746.033.23$6,253
Dec 20181612,61146.594.19$18,429
Nov 201801,52652.934.24$6,466
Oct 201802,58461.443.40$8,781
Sep 20181862,52659.543.11$18,925
Aug 201802,61959.403.07$8,031
Jul 20181842,54365.142.93$19,442
Jun 201802,58160.183.08$7,942
May 201802,67965.382.90$7,771
Apr 20181852,62663.842.90$19,428
Mar 201802,63861.222.79$7,352
Feb 201802,19361.782.77$6,066
Jan 20181842,51062.874.01$21,631
Dec 201702,91057.272.92$8,502
Nov 201701,83955.423.12$5,735
Oct 20171842,87649.292.98$17,650
Sep 201702,77247.523.09$8,558
Aug 20171822,48545.373.00$15,723
Jul 201703,06043.873.09$9,447
Jun 201702,63342.493.09$8,129
May 201702,36945.373.26$7,731
Apr 20171781,94847.933.21$14,788
Mar 201703,06646.772.98$9,148
Feb 201702,02550.452.95$5,979
Jan 201702,20349.413.42$7,532
Dec 201602,95348.763.72$10,994
Nov 20161752,92042.492.64$15,157
Oct 201603,04546.193.09$9,410
Sep 20161802,97441.553.10$16,700
Aug 201603,11241.442.92$9,101
Jul 20161803,10341.622.92$16,566
Jun 20161813,02945.352.69$16,344
May 201603,22142.521.99$6,413
Apr 201602,48736.561.99$4,952
Mar 20161793,44033.011.79$12,080
Feb 201603,26526.472.06$6,738
Jan 201602,44127.352.36$5,771
Dec 20151872,48632.362.00$11,027
Nov 201503,08338.792.17$6,682
Oct 201502,03343.552.43$4,933
Sep 20151833,34742.992.76$17,100
Aug 201503,50240.162.87$10,059
Jul 20151763,82548.152.95$19,739
Jun 201502,04056.152.88$5,881
May 201503,39655.212.96$10,037
Apr 20151743,17249.822.71$17,254
Mar 201503,34042.892.93$9,802
Feb 20151923,06944.662.98$17,709
Jan 201503,57443.433.10$11,082
Dec 20141783,84554.693.59$23,544
Nov 201403,22570.464.25$13,712
Oct 20141783,97878.303.90$29,455
Sep 20141864,42686.164.05$33,931
Aug 201402,66789.394.04$10,762
Jul 201403,13296.564.18$13,091
Jun 201403,64098.164.74$17,242
May 20141823,22794.734.73$32,493
Apr 20141823,93195.944.81$36,366
Mar 20141744,28595.895.06$38,353
Feb 201403,55097.406.19$21,982
Jan 20141833,90090.404.86$35,500
Dec 201303,79391.824.35$16,517
Nov 20131833,81988.853.74$30,536
Oct 201304,02697.423.78$15,216
Sep 20131994,351104.113.72$36,894
Aug 20131754,791104.253.52$35,121
Jul 20131764,425102.523.72$34,495
Jun 20131923,86994.403.93$33,343
May 201304,19394.834.15$17,397
Apr 20131903,89393.964.28$34,525
Mar 20131834,04993.623.91$32,976
Feb 201303,83691.233.42$13,119
Jan 20131774,13891.603.42$30,365
Dec 201204,41086.773.42$15,083
Nov 201203,68586.953.62$13,358
Oct 20121804,87989.383.40$32,675
Sep 20122014,59094.672.92$32,424
Aug 20122004,75992.662.91$32,372
Jul 20121984,86585.133.02$31,552
Jun 20121994,66479.822.52$27,633
May 20121985,18791.612.49$31,046
Apr 201204,745101.652.00$9,475
Mar 20122005,128105.052.22$32,405
Feb 201204,992101.102.57$12,831
Jan 20124055,56198.092.73$54,931
Dec 201105,45496.873.24$17,670
Nov 20112015,02895.723.31$35,889
Oct 201104,45684.983.65$16,258
Sep 20111975,50183.623.99$38,399
Aug 20111965,83183.404.15$40,541
Jul 20111975,77894.144.52$44,646
Jun 20111955,69892.904.64$44,554
May 20111966,02598.134.40$45,773
Apr 20112026,106105.964.33$47,863
Mar 20112376,55296.364.06$49,421
Feb 20111985,80885.644.18$41,234
Jan 20112016,64286.504.59$47,865
Dec 20101996,54585.734.35$45,516
Nov 20102006,60180.843.80$41,221
Oct 20101977,18878.103.51$40,608
Sep 20101936,15872.633.98$38,523
Aug 20103857,40773.684.42$61,101
Jul 20101936,96572.554.74$46,992
Jun 20103886,78970.364.91$60,636
May 201007,39571.124.24$31,319
Apr 20105567,90381.694.12$78,001
Mar 20101968,33678.394.39$51,948
Feb 20101987,80473.585.44$57,041
Jan 20101928,52674.365.96$65,127
Dec 20091969,55271.445.48$66,383
Nov 20093779,35274.593.75$63,204
Oct 200938810,65972.544.11$71,957
Sep 200919210,20365.543.06$43,853
Aug 200938111,40167.423.22$62,381
Jul 200919111,53761.133.46$51,646
Jun 200938111,92366.163.90$71,647
May 200957912,17154.743.93$79,475
Apr 200979613,09846.773.59$84,218
Mar 200995913,48842.144.06$95,160
Feb 200955712,60932.814.63$76,693
Jan 200957315,91735.865.37$106,038
Dec 200895716,56937.105.98$134,540
Nov 200876417,67055.496.86$163,617
Oct 200876420,19975.246.92$197,300
Sep 20081,52021,894101.767.88$327,136
Aug 20081,29125,719114.228.48$365,633
Jul 20082,02331,012131.0811.39$618,384
Jun 20084,79640,548131.3313.03$1,158,306
May 200874315,674123.1711.57$272,931

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
Condensate             0 bbl  × $106.41 =         $0
Gas                2,207 Mcf  × $  3.05 =     $6,722

────────────────────────────────────────────────────
Month total                                   $6,722

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/237514 is the state's own key, not one this site invented.