BULL EAST

Operated by PANTERA ENERGY COMPANY (P-5 638486) 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 25867District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$171 k
Jan 1993 – May 2026
Value, last 12 filed months
$597
at the published price for each month
Months reported
401
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

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
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
GasProduction46,250 Mcf$170,663
Total$170,663

8,870 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 35.4195, -100.8202. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.41948, -100.82020 · 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
no depth filed
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.

1 well

42-179804842

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 (401)

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

401 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026563.503.75$19
Jan 20261959.138.00$152
Dec 2025756.664.41$31
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 20254062.743.08$123
Aug 20252063.933.01$60
Jul 20253266.743.32$106
Jun 20253466.483.13$106
May 20253360.553.23$107
Apr 2025162.363.54$4
Mar 2025067.704.27$0
Feb 20251270.884.34$52
Jan 20251774.324.28$73
Dec 20241068.993.12$31
Nov 20241469.052.20$31
Oct 20241771.372.28$39
Sep 2024869.612.36$19
Aug 20241275.632.06$25
Jul 20241079.932.15$21
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 20242276.091.78$39
Jan 20241273.023.30$40
Dec 2023571.262.61$13
Nov 20232277.892.81$62
Oct 20231885.443.09$56
Sep 20232589.042.74$68
Aug 20233080.522.67$80
Jul 20232874.852.64$74
Jun 20233068.962.26$68
May 20232470.622.23$53
Apr 20232278.122.24$49
Mar 20232672.852.39$62
Feb 20231575.112.47$37
Jan 20231476.533.39$47
Dec 20222076.415.73$115
Nov 20222385.005.65$130
Oct 2022487.185.86$23
Sep 20226184.888.16$498
Aug 20227194.529.13$648
Jul 202227101.587.54$204
Jun 202237115.097.98$295
May 202272109.378.43$607
Apr 202243104.226.84$294
Mar 202229108.885.08$147
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021271.323.90$8
Nov 20211477.435.24$73
Oct 20212579.795.71$143
Sep 20212469.865.35$128
Aug 20212866.024.22$118
Jul 20212470.783.98$96
Jun 20213369.493.38$112
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020244.642.68$5
Nov 2020338.772.71$8
Oct 20201236.972.48$30
Sep 20202037.091.99$40
Aug 20201439.982.39$33
Jul 20202238.371.83$40
Jun 20201734.901.69$29
May 2020216.921.81$4
Apr 2020314.751.80$5
Mar 2020630.341.86$11
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019359.012.30$7
Nov 20193755.302.75$102
Oct 20193253.472.42$77
Sep 20193655.052.66$96
Aug 20193453.112.30$78
Jul 2019556.272.46$12
Jun 2019452.782.49$10
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019346.033.23$10
Dec 2018346.594.19$13
Nov 20187952.934.24$335
Oct 201815661.443.40$530
Sep 201815559.543.11$482
Aug 20189959.403.07$304
Jul 20189865.142.93$287
Jun 20185260.183.08$160
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 20183261.782.77$89
Jan 20183062.874.01$120
Dec 201713957.272.92$406
Nov 20179855.423.12$306
Oct 201715449.292.98$459
Sep 201715547.523.09$479
Aug 201716345.373.00$490
Jul 201714443.873.09$445
Jun 201715142.493.09$466
May 201716345.373.26$532
Apr 201713347.933.21$427
Mar 201715646.772.98$465
Feb 201713950.452.95$410
Jan 201710349.413.42$352
Dec 201614748.763.72$547
Nov 201615142.492.64$399
Oct 201615546.193.09$479
Sep 201614841.553.10$459
Aug 201616441.442.92$480
Jul 201615041.622.92$439
Jun 20167745.352.69$207
May 201613642.521.99$271
Apr 201612936.561.99$257
Mar 201615233.011.79$273
Feb 201611126.472.06$229
Jan 201612627.352.36$298
Dec 20159932.362.00$198
Nov 201513038.792.17$282
Oct 201516043.552.43$388
Sep 201515742.992.76$433
Aug 201510440.162.87$299
Jul 20156948.152.95$203
Jun 201512456.152.88$357
May 201514955.212.96$440
Apr 201514749.822.71$398
Mar 201513642.892.93$399
Feb 201512044.662.98$357
Jan 20156543.433.10$202
Dec 201411454.693.59$409
Nov 20148470.464.25$357
Oct 201413078.303.90$507
Sep 201420086.164.05$809
Aug 201414289.394.04$573
Jul 201414096.564.18$585
Jun 201412898.164.74$606
May 201414194.734.73$666
Apr 201411895.944.81$567
Mar 20147095.895.06$354
Feb 201413197.406.19$811
Jan 20143390.404.86$160
Dec 20133791.824.35$161
Nov 20131088.853.74$37
Oct 20132397.423.78$87
Sep 2013137104.113.72$509
Aug 2013150104.253.52$528
Jul 2013142102.523.72$528
Jun 201313694.403.93$535
May 201314394.834.15$593
Apr 201312693.964.28$540
Mar 201313293.623.91$517
Feb 201314791.233.42$503
Jan 20135491.603.42$185
Dec 201211486.773.42$390
Nov 201211186.953.62$402
Oct 201212589.383.40$425
Sep 20126794.672.92$196
Aug 20126292.662.91$180
Jul 201213585.133.02$408
Jun 201213179.822.52$330
May 201212791.612.49$316
Apr 2012115101.652.00$230
Mar 2012129105.052.22$287
Feb 2012118101.102.57$303
Jan 201211798.092.73$320
Dec 201111096.873.24$356
Nov 201111695.723.31$384
Oct 201112284.983.65$445
Sep 201116383.623.99$650
Aug 201115383.404.15$635
Jul 201115694.144.52$705
Jun 201111692.904.64$538
May 201115298.134.40$670
Apr 2011152105.964.33$659
Mar 201115296.364.06$617
Feb 201111785.644.18$489
Jan 201116886.504.59$771
Dec 201015285.734.35$661
Nov 201015180.843.80$573
Oct 201015078.103.51$526
Sep 201014372.633.98$569
Aug 201015973.684.42$703
Jul 201015772.554.74$744
Jun 201014970.364.91$732
May 201014371.124.24$606
Apr 201013681.694.12$561
Mar 201014078.394.39$614
Feb 201013573.585.44$735
Jan 201015074.365.96$895
Dec 200913271.445.48$724
Nov 200913174.593.75$491
Oct 200913072.544.11$534
Sep 200913165.543.06$401
Aug 200913167.423.22$422
Jul 200913961.133.46$482
Jun 200912066.163.90$467
May 200913654.743.93$534
Apr 200915146.773.59$542
Mar 200915342.144.06$621
Feb 200914432.814.63$667
Jan 200922735.865.37$1,219
Dec 200814337.105.98$855
Nov 200814855.496.86$1,015
Oct 200814975.246.92$1,031
Sep 2008110101.767.88$866
Aug 200896114.228.48$814
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 2008923110.3110.45$9,650
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008790.388.21$57
Dec 20078388.337.30$606
Nov 200715691.677.29$1,138
Oct 200715182.856.92$1,045
Sep 200713875.846.24$862
Aug 200713769.066.39$875
Jul 200713070.906.39$830
Jun 200712762.007.55$959
May 200715758.747.85$1,232
Apr 2007059.617.81$0
Mar 20077156.927.30$518
Feb 200717955.108.22$1,471
Jan 200717550.306.73$1,177
Dec 20065356.656.92$367
Nov 200616254.207.62$1,234
Oct 200621054.906.01$1,263
Sep 200619960.085.04$1,002
Aug 200619268.717.34$1,409
Jul 200615169.376.34$958
Jun 20069666.286.38$613
May 200620566.016.42$1,317
Apr 200619664.397.36$1,443
Mar 200616756.707.08$1,183
Feb 200619557.597.75$1,511
Jan 200623060.598.93$2,055
Dec 200522054.9413.42$2,951
Nov 200522554.6910.59$2,382
Oct 200522158.3413.80$3,049
Sep 200516361.4512.08$1,969
Aug 200518061.519.80$1,763
Jul 200525055.697.84$1,961
Jun 200525752.337.38$1,897
May 200528045.226.65$1,862
Apr 200523549.207.36$1,730
Mar 200529850.377.15$2,132
Feb 200528745.226.31$1,812
Jan 200523043.166.32$1,454
Dec 200420939.866.75$1,411
Nov 200421845.286.33$1,380
Oct 200418049.706.52$1,173
Sep 200419643.245.28$1,036
Aug 200419242.375.55$1,066
Jul 200419238.286.08$1,168
Jun 200419536.106.43$1,254
May 200418437.486.49$1,195
Apr 200418534.475.86$1,084
Mar 200428534.365.53$1,576
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003128.565.98$6
May 20031026.595.97$60
Apr 20031526.675.41$81
Mar 20031631.146.10$98
Feb 20036833.487.93$539
Jan 20039030.315.58$502
Dec 200212226.914.85$592
Nov 200211624.664.14$480
Oct 200211026.464.23$465
Sep 200216327.443.64$593
Aug 200212125.963.16$383
Jul 200211224.583.06$343
Jun 200210723.733.34$357
May 200210724.663.58$383
Apr 200212223.653.51$429
Mar 200214822.003.10$459
Feb 200214218.222.38$337
Jan 200214917.172.38$354
Dec 200116016.932.36$378
Nov 200114318.072.41$344
Oct 200113919.782.53$352
Sep 200110224.262.25$230
Aug 200114124.873.05$431
Jul 200113423.933.20$428
Jun 200111324.563.82$432
May 200112125.524.31$521
Apr 200113124.685.34$699
Mar 200114824.545.38$796
Feb 200112027.755.77$692
Jan 200116127.478.40$1,352
Dec 200015826.889.12$1,441
Nov 200013632.215.66$769
Oct 200014831.235.15$762
Sep 200013131.875.19$679
Aug 200012929.644.54$586
Jul 200012428.534.09$507
Jun 200014329.304.40$629
May 200011627.263.68$427
Apr 200013324.513.12$414
Mar 200015728.422.86$449
Feb 200017427.622.73$474
Jan 200015025.272.48$372
Dec 199916124.282.42$390
Nov 199916923.192.43$411
Oct 199915820.982.80$443
Sep 199916621.752.62$435
Aug 199913019.262.88$374
Jul 199914417.892.37$342
Jun 199916815.942.36$397
May 199916015.792.32$371
Apr 199918615.102.21$411
Mar 199919112.471.84$351
Feb 19991739.981.82$314
Jan 199918410.381.90$350
Dec 19981959.201.77$346
Nov 199818910.892.19$413
Oct 199818912.421.97$372
Sep 199819412.592.08$404
Aug 199816811.301.91$320
Jul 199817111.742.24$383
Jun 199816811.242.24$376
May 199816912.622.21$373
Apr 199816813.042.51$421
Mar 199816912.802.31$390
Feb 199813613.952.30$313
Jan 199817114.702.15$368
Dec 199718416.322.41$444
Nov 199719518.193.09$602
Oct 199717319.253.15$545
Sep 199718217.742.95$538
Aug 199717517.862.55$447
Jul 199717517.582.25$393
Jun 199718217.242.26$411
May 199716918.972.31$390
Apr 199717717.882.08$369
Mar 199717918.951.94$347
Feb 199719420.492.21$428
Jan 199719923.483.54$704
Dec 199620723.32$0
Nov 199620321.97$0
Oct 199619023.31$0
Sep 199619622.22$0
Aug 199619920.26$0
Jul 199619119.55$0
Jun 199617018.73$0
May 199616919.43$0
Apr 199618021.51$0
Mar 199621019.38$0
Feb 19965816.98$0
Jan 199620917.07$0
Dec 199520217.19$0
Nov 199520116.00$0
Oct 199520315.43$0
Sep 199518616.18$0
Aug 199521715.92$0
Jul 199518515.24$0
Jun 199518416.41$0
May 199518717.56$0
Apr 199518217.73$0
Mar 199517416.44$0
Feb 199517816.58$0
Jan 199520215.92$0
Dec 199418915.03$0
Nov 199419715.90$0
Oct 199417615.58$0
Sep 199419015.29$0
Aug 199420616.13$0
Jul 199418917.56$0
Jun 199417317.09$0
May 199417615.88$0
Apr 199415814.14$0
Mar 199418612.46$0
Feb 199416512.50$0
Jan 199418912.66$0
Dec 199319212.33$0
Nov 199319314.49$0
Oct 199319315.85$0
Sep 199318215.03$0
Aug 199319215.66$0
Jul 199317715.46$0
Jun 199318616.79$0
May 199316617.68$0
Apr 199315918.05$0
Mar 199318818.14$0
Feb 199316517.90$0
Jan 199320016.93$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.

Feb 2026 — as filed, then multipliedworked
Gas                    5 Mcf  × $  3.75 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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/25867 is the state's own key, not one this site invented.