BULL -B-

Operated by BLACK RESOURCES (P-5 100503) 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 25914District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$396 k
Jan 1993 – May 2026
Value, last 12 filed months
$1 k
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
NGPA2none

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
GasProduction138,247 Mcf$396,347
Total$396,347

38,408 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 35.4324, -100.8139. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.43243, -100.81391 · 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

42-179805251

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 20261598.932.87$43
Mar 20268489.753.15$265
Feb 2026863.503.75$30
Jan 20263159.138.00$248
Dec 20253456.664.41$150
Nov 20254658.593.93$181
Oct 20254459.383.30$145
Sep 2025862.743.08$25
Aug 2025763.933.01$21
Jul 2025366.743.32$10
Jun 2025966.483.13$28
May 20252060.553.23$65
Apr 20251962.363.54$67
Mar 20257767.704.27$329
Feb 20257670.884.34$330
Jan 20259874.324.28$419
Dec 202410768.993.12$334
Nov 20242669.052.20$57
Oct 20248471.372.28$192
Sep 20248769.612.36$206
Aug 20247375.632.06$151
Jul 20247379.932.15$157
Jun 20246278.082.63$163
May 20246878.812.20$149
Apr 202410884.451.66$179
Mar 2024080.301.55$0
Feb 20248876.091.78$157
Jan 202410973.023.30$359
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022885.005.65$45
Oct 2022187.185.86$6
Sep 2022184.888.16$8
Aug 2022194.529.13$9
Jul 20220101.587.54$0
Jun 202232115.097.98$255
May 202240109.378.43$337
Apr 202285104.226.84$581
Mar 202286108.885.08$437
Feb 20228591.054.86$413
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 202129779.795.71$1,697
Sep 2021069.865.35$0
Aug 2021166.024.22$4
Jul 2021270.783.98$8
Jun 20215069.493.38$169
May 20216663.483.02$199
Apr 20216360.362.76$174
Mar 202111561.302.72$312
Feb 20218557.805.55$472
Jan 20219950.412.81$278
Dec 202012144.642.68$324
Nov 202010838.772.71$292
Oct 202011536.972.48$285
Sep 202013937.091.99$277
Aug 202012639.982.39$301
Jul 202012738.371.83$232
Jun 202011634.901.69$196
May 202011516.921.81$209
Apr 202014414.751.80$260
Mar 202016330.341.86$303
Feb 202013149.881.98$259
Jan 202014857.252.09$310
Dec 201915759.012.30$362
Nov 2019055.302.75$0
Oct 201916753.472.42$404
Sep 201918255.052.66$484
Aug 201917153.112.30$394
Jul 201916056.272.46$394
Jun 201918752.782.49$466
May 201921158.482.74$578
Apr 201923162.632.75$635
Mar 201917256.803.06$527
Feb 201916750.852.79$466
Jan 201920046.033.23$646
Dec 201818046.594.19$753
Nov 201816952.934.24$716
Oct 201814961.443.40$506
Sep 201815959.543.11$494
Aug 201817359.403.07$531
Jul 201818265.142.93$534
Jun 201819560.183.08$600
May 201819265.382.90$557
Apr 201830363.842.90$879
Mar 20188661.222.79$240
Feb 2018061.782.77$0
Jan 20188662.874.01$345
Dec 20174357.272.92$126
Nov 201732055.423.12$998
Oct 20172949.292.98$87
Sep 2017747.523.09$22
Aug 2017845.373.00$24
Jul 201733543.873.09$1,034
Jun 201727142.493.09$837
May 201713445.373.26$437
Apr 20171947.933.21$61
Mar 20171746.772.98$51
Feb 20172750.452.95$80
Jan 201734949.413.42$1,193
Dec 201633548.763.72$1,247
Nov 201622242.492.64$587
Oct 20163946.193.09$121
Sep 20165841.553.10$180
Aug 20164741.442.92$137
Jul 20164741.622.92$137
Jun 20163845.352.69$102
May 20165442.521.99$108
Apr 201632536.561.99$647
Mar 201633533.011.79$601
Feb 201622326.472.06$460
Jan 201632327.352.36$764
Dec 201529132.362.00$582
Nov 201520838.792.17$451
Oct 201517043.552.43$413
Sep 201515142.992.76$417
Aug 201522340.162.87$641
Jul 201523448.152.95$689
Jun 201522556.152.88$649
May 201524155.212.96$712
Apr 201523249.822.71$628
Mar 201521342.892.93$625
Feb 201529044.662.98$863
Jan 201522443.433.10$695
Dec 201437054.693.59$1,329
Nov 201416570.464.25$702
Oct 201426678.303.90$1,038
Sep 201433386.164.05$1,347
Aug 20145189.394.04$206
Jul 20142696.564.18$109
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 20141995.944.81$91
Mar 20142795.895.06$137
Feb 2014897.406.19$50
Jan 2014090.404.86$0
Dec 2013391.824.35$13
Nov 2013088.853.74$0
Oct 20135597.423.78$208
Sep 2013106104.113.72$394
Aug 201325104.253.52$88
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 20121086.773.42$34
Nov 20123786.953.62$134
Oct 20127889.383.40$265
Sep 201210994.672.92$318
Aug 201211592.662.91$334
Jul 201211385.133.02$341
Jun 201210079.822.52$252
May 20122591.612.49$62
Apr 20120101.652.00$0
Mar 2012113105.052.22$251
Feb 201293101.102.57$239
Jan 20129398.092.73$254
Dec 20114796.873.24$152
Nov 20111195.723.31$36
Oct 2011184.983.65$4
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 201113694.144.52$614
Jun 201110992.904.64$506
May 201112498.134.40$546
Apr 2011199105.964.33$862
Mar 201110796.364.06$434
Feb 20117885.644.18$326
Jan 2011086.504.59$0
Dec 2010685.734.35$26
Nov 20104880.843.80$182
Oct 201011178.103.51$389
Sep 20108472.633.98$334
Aug 20109473.684.42$415
Jul 201010572.554.74$497
Jun 201019370.364.91$948
May 201045271.124.24$1,914
Apr 201059381.694.12$2,445
Mar 201033478.394.39$1,466
Feb 20108273.585.44$446
Jan 20101974.365.96$113
Dec 20094071.445.48$219
Nov 200933774.593.75$1,264
Oct 200933372.544.11$1,369
Sep 200931865.543.06$975
Aug 200910667.423.22$341
Jul 200925461.133.46$880
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009242.144.06$8
Feb 2009032.814.63$0
Jan 20093235.865.37$172
Dec 20082737.105.98$161
Nov 20086155.496.86$418
Oct 20086675.246.92$457
Sep 200850101.767.88$394
Aug 2008138114.228.48$1,171
Jul 2008139131.0811.39$1,583
Jun 200880131.3313.03$1,043
May 2008138123.1711.57$1,597
Apr 2008152110.3110.45$1,589
Mar 2008116101.909.66$1,121
Feb 20083292.538.77$281
Jan 20085290.388.21$427
Dec 200713388.337.30$971
Nov 20078791.677.29$634
Oct 20077682.856.92$526
Sep 20076675.846.24$412
Aug 20073569.066.39$224
Jul 20074070.906.39$256
Jun 20073662.007.55$272
May 2007158.747.85$8
Apr 200717759.617.81$1,382
Mar 200717456.927.30$1,271
Feb 200714355.108.22$1,175
Jan 200717250.306.73$1,157
Dec 200616156.656.92$1,114
Nov 200617254.207.62$1,310
Oct 200621254.906.01$1,275
Sep 200622560.085.04$1,133
Aug 200623468.717.34$1,718
Jul 200623069.376.34$1,459
Jun 200615066.286.38$958
May 200610766.016.42$687
Apr 200613464.397.36$986
Mar 20067656.707.08$538
Feb 200631757.597.75$2,457
Jan 200627760.598.93$2,475
Dec 200521254.9413.42$2,844
Nov 200521854.6910.59$2,308
Oct 200521658.3413.80$2,980
Sep 200521861.4512.08$2,633
Aug 200520761.519.80$2,028
Jul 200524355.697.84$1,906
Jun 200525652.337.38$1,890
May 200537645.226.65$2,501
Apr 200532549.207.36$2,392
Mar 20054450.377.15$315
Feb 200546245.226.31$2,916
Jan 200542443.166.32$2,681
Dec 200438039.866.75$2,565
Nov 200453045.286.33$3,355
Oct 200437849.706.52$2,463
Sep 200450943.245.28$2,690
Aug 200455442.375.55$3,075
Jul 200451938.286.08$3,158
Jun 200451936.106.43$3,339
May 200443437.486.49$2,819
Apr 200446334.475.86$2,712
Mar 200438034.365.53$2,101
Feb 200465432.455.51$3,603
Jan 20041,04632.036.30$6,589
Dec 20031,06630.266.30$6,718
Nov 20031,01728.804.60$4,673
Oct 200347028.174.76$2,237
Sep 200377826.314.75$3,695
Aug 200375429.765.13$3,868
Jul 200370629.415.17$3,651
Jun 200355728.565.98$3,333
May 200372626.595.97$4,336
Apr 200362326.675.41$3,369
Mar 200376431.146.10$4,657
Feb 200380333.487.93$6,364
Jan 20031,10130.315.58$6,146
Dec 20021,16126.914.85$5,635
Nov 200286624.664.14$3,583
Oct 200290926.464.23$3,844
Sep 200293127.443.64$3,384
Aug 200285625.963.16$2,709
Jul 200276124.583.06$2,330
Jun 200283923.733.34$2,801
May 200288224.663.58$3,161
Apr 200272323.653.51$2,539
Mar 20021,04622.003.10$3,245
Feb 200283218.222.38$1,977
Jan 200272417.172.38$1,720
Dec 200175916.932.36$1,795
Nov 200141918.072.41$1,008
Oct 200173619.782.53$1,861
Sep 200152224.262.25$1,175
Aug 200172124.873.05$2,201
Jul 200133923.933.20$1,084
Jun 200162424.563.82$2,386
May 200163025.524.31$2,714
Apr 200174424.685.34$3,969
Mar 200175124.545.38$4,038
Feb 200155727.755.77$3,212
Jan 200151727.478.40$4,342
Dec 200082126.889.12$7,490
Nov 200090032.215.66$5,092
Oct 20001,11731.235.15$5,748
Sep 200087431.875.19$4,533
Aug 200055429.644.54$2,516
Jul 200062628.534.09$2,560
Jun 200062229.304.40$2,735
May 200045627.263.68$1,678
Apr 200074324.513.12$2,315
Mar 200086728.422.86$2,479
Feb 200094227.622.73$2,568
Jan 200063525.272.48$1,575
Dec 199963624.282.42$1,541
Nov 199979623.192.43$1,937
Oct 199944920.982.80$1,259
Sep 199921721.752.62$568
Aug 199975719.262.88$2,177
Jul 199972417.892.37$1,718
Jun 199989115.942.36$2,105
May 199983115.792.32$1,929
Apr 199992715.102.21$2,047
Mar 199989112.471.84$1,638
Feb 19998119.981.82$1,474
Jan 199993710.381.90$1,780
Dec 19989149.201.77$1,621
Nov 199868210.892.19$1,491
Oct 199894712.421.97$1,865
Sep 199896312.592.08$2,006
Aug 199817511.301.91$334
Jul 199888011.742.24$1,969
Jun 199878011.242.24$1,745
May 199891112.622.21$2,010
Apr 199893613.042.51$2,345
Mar 199891612.802.31$2,115
Feb 199876113.952.30$1,750
Jan 199877914.702.15$1,679
Dec 199796416.322.41$2,324
Nov 199795518.193.09$2,949
Oct 199768919.253.15$2,170
Sep 199798517.742.95$2,911
Aug 199792917.862.55$2,373
Jul 199771017.582.25$1,595
Jun 199785117.242.26$1,921
May 199770818.972.31$1,634
Apr 199762817.882.08$1,308
Mar 199781718.951.94$1,584
Feb 199777420.492.21$1,707
Jan 199787923.483.54$3,111
Dec 199686723.32$0
Nov 199692321.97$0
Oct 199685823.31$0
Sep 199686922.22$0
Aug 199677720.26$0
Jul 199697519.55$0
Jun 199693018.73$0
May 199692019.43$0
Apr 199695221.51$0
Mar 199692619.38$0
Feb 199691616.98$0
Jan 199680117.07$0
Dec 199599717.19$0
Nov 19951,00816.00$0
Oct 19951,02315.43$0
Sep 199589716.18$0
Aug 199594415.92$0
Jul 199592715.24$0
Jun 199593316.41$0
May 199597717.56$0
Apr 199595917.73$0
Mar 199593516.44$0
Feb 199594116.58$0
Jan 199597315.92$0
Dec 19941,03415.03$0
Nov 19941,10515.90$0
Oct 199499315.58$0
Sep 199498915.29$0
Aug 199497116.13$0
Jul 199498417.56$0
Jun 19941,01117.09$0
May 19941,06915.88$0
Apr 199473614.14$0
Mar 199470112.46$0
Feb 199452212.50$0
Jan 199442812.66$0
Dec 199352712.33$0
Nov 199325014.49$0
Oct 199314315.85$0
Sep 199350015.03$0
Aug 199369715.66$0
Jul 199351315.46$0
Jun 199346216.79$0
May 199368017.68$0
Apr 199371818.05$0
Mar 199350418.14$0
Feb 199330417.90$0
Jan 199333916.93$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.

Apr 2026 — as filed, then multipliedworked
Gas                   15 Mcf  × $  2.87 =        $43

────────────────────────────────────────────────────
Month total                                      $43

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/25914 is the state's own key, not one this site invented.