BRASHEARS

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 26038District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$94 k
Jan 1993 – May 2026
Value, last 12 filed months
$2 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
NGPA5none

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
GasProduction26,127 Mcf$93,699
Total$93,699

3,311 Mcf of this lease's gas, across 23 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 35.1240, -100.1834. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.12403, -100.18338 · 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

42-087805641

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 202657106.413.05$174
Apr 20263898.932.87$109
Mar 20264289.753.15$132
Feb 20264163.503.75$154
Jan 20265459.138.00$432
Dec 20254656.664.41$203
Nov 20255058.593.93$196
Oct 20254259.383.30$139
Sep 20254162.743.08$126
Aug 20254063.933.01$121
Jul 20254866.743.32$159
Jun 20253166.483.13$97
May 20255660.553.23$181
Apr 20255462.363.54$191
Mar 20254467.704.27$188
Feb 20254270.884.34$182
Jan 20255274.324.28$222
Dec 20245668.993.12$175
Nov 20244769.052.20$103
Oct 20243871.372.28$87
Sep 2024769.612.36$17
Aug 20244175.632.06$85
Jul 20243179.932.15$67
Jun 20245378.082.63$140
May 20245078.812.20$110
Apr 20244284.451.66$70
Mar 20244680.301.55$71
Feb 20244776.091.78$84
Jan 20244273.023.30$139
Dec 20235171.262.61$133
Nov 20235077.892.81$140
Oct 20234685.443.09$142
Sep 20233989.042.74$107
Aug 20234480.522.67$118
Jul 20234374.852.64$114
Jun 20234668.962.26$104
May 20234370.622.23$96
Apr 20232978.122.24$65
Mar 20234272.852.39$101
Feb 2023575.112.47$12
Jan 20235076.533.39$169
Dec 20225076.415.73$286
Nov 20224485.005.65$248
Oct 20224787.185.86$276
Sep 20224084.888.16$327
Aug 20222994.529.13$265
Jul 202235101.587.54$264
Jun 202235115.097.98$279
May 202248109.378.43$405
Apr 202240104.226.84$274
Mar 202256108.885.08$284
Feb 20224391.054.86$209
Jan 20225181.844.54$231
Dec 20214971.323.90$191
Nov 20215977.435.24$309
Oct 20213379.795.71$189
Sep 20214369.865.35$230
Aug 20213866.024.22$160
Jul 2021070.783.98$0
Jun 20214769.493.38$159
May 20215263.483.02$157
Apr 2021060.362.76$0
Mar 20214861.302.72$130
Feb 20215457.805.55$300
Jan 20215950.412.81$166
Dec 20204544.642.68$120
Nov 20206538.772.71$176
Oct 20205236.972.48$129
Sep 20203137.091.99$62
Aug 20203039.982.39$72
Jul 2020038.371.83$0
Jun 20202834.901.69$47
May 20203916.921.81$71
Apr 20202014.751.80$36
Mar 20204430.341.86$82
Feb 20204849.881.98$95
Jan 20204457.252.09$92
Dec 20194559.012.30$104
Nov 20195155.302.75$140
Oct 20192553.472.42$60
Sep 20191755.052.66$45
Aug 20193053.112.30$69
Jul 20194756.272.46$116
Jun 20192952.782.49$72
May 20193858.482.74$104
Apr 20192362.632.75$63
Mar 20194356.803.06$132
Feb 20193850.852.79$106
Jan 20193746.033.23$119
Dec 20183246.594.19$134
Nov 20183652.934.24$153
Oct 20183261.443.40$109
Sep 20183059.543.11$93
Aug 20183159.403.07$95
Jul 20183065.142.93$88
Jun 20182360.183.08$71
May 20184065.382.90$116
Apr 20182763.842.90$78
Mar 20183761.222.79$103
Feb 20182461.782.77$66
Jan 20183762.874.01$148
Dec 20173957.272.92$114
Nov 20174155.423.12$128
Oct 20172349.292.98$69
Sep 20173547.523.09$108
Aug 20173745.373.00$111
Jul 20172443.873.09$74
Jun 20172042.493.09$62
May 20172445.373.26$78
Apr 20172347.933.21$74
Mar 20172746.772.98$81
Feb 20172850.452.95$83
Jan 20173449.413.42$116
Dec 20163548.763.72$130
Nov 20161642.492.64$42
Oct 20162946.193.09$90
Sep 20161841.553.10$56
Aug 20161941.442.92$56
Jul 20163441.622.92$99
Jun 20163545.352.69$94
May 20164142.521.99$82
Apr 20163136.561.99$62
Mar 20163333.011.79$59
Feb 20164326.472.06$89
Jan 20163127.352.36$73
Dec 20152132.362.00$42
Nov 20153438.792.17$74
Oct 20152743.552.43$66
Sep 20152142.992.76$58
Aug 20153640.162.87$103
Jul 20153848.152.95$112
Jun 20154656.152.88$133
May 20155055.212.96$148
Apr 20154149.822.71$111
Mar 20154142.892.93$120
Feb 20154144.662.98$122
Jan 20155043.433.10$155
Dec 20144854.693.59$172
Nov 20143770.464.25$157
Oct 20143978.303.90$152
Sep 20144286.164.05$170
Aug 20143489.394.04$137
Jul 20143396.564.18$138
Jun 20144098.164.74$189
May 20144094.734.73$189
Apr 20143295.944.81$154
Mar 20143195.895.06$157
Feb 20148397.406.19$514
Jan 20143790.404.86$180
Dec 20133791.824.35$161
Nov 20134188.853.74$153
Oct 20134597.423.78$170
Sep 201343104.113.72$160
Aug 201343104.253.52$151
Jul 201337102.523.72$138
Jun 20134794.403.93$185
May 20134794.834.15$195
Apr 20134093.964.28$171
Mar 20134393.623.91$168
Feb 20133791.233.42$127
Jan 20133191.603.42$106
Dec 20125086.773.42$171
Nov 20124486.953.62$160
Oct 20124189.383.40$139
Sep 20123494.672.92$99
Aug 20124492.662.91$128
Jul 20124985.133.02$148
Jun 20124479.822.52$111
May 20123491.612.49$85
Apr 201238101.652.00$76
Mar 201239105.052.22$87
Feb 201240101.102.57$103
Jan 20124498.092.73$120
Dec 20114396.873.24$139
Nov 20114295.723.31$139
Oct 20114284.983.65$153
Sep 20114583.623.99$179
Aug 20114283.404.15$174
Jul 20114194.144.52$185
Jun 20114092.904.64$186
May 20114498.134.40$194
Apr 201149105.964.33$212
Mar 20114596.364.06$183
Feb 20114585.644.18$188
Jan 20115686.504.59$257
Dec 20106185.734.35$265
Nov 20105080.843.80$190
Oct 20105578.103.51$193
Sep 20104872.633.98$191
Aug 20104773.684.42$208
Jul 20105472.554.74$256
Jun 20105370.364.91$260
May 20105371.124.24$224
Apr 20105581.694.12$227
Mar 20105878.394.39$255
Feb 20105473.585.44$294
Jan 20105974.365.96$352
Dec 20095171.445.48$280
Nov 20095474.593.75$203
Oct 20096072.544.11$247
Sep 20095165.543.06$156
Aug 20095467.423.22$174
Jul 20095261.133.46$180
Jun 20094966.163.90$191
May 20095654.743.93$220
Apr 20094946.773.59$176
Mar 20095642.144.06$227
Feb 20095632.814.63$259
Jan 20095735.865.37$306
Dec 20086037.105.98$359
Nov 20085255.496.86$357
Oct 20084675.246.92$318
Sep 200841101.767.88$323
Aug 200839114.228.48$331
Jul 200838131.0811.39$433
Jun 200851131.3313.03$665
May 200846123.1711.57$532
Apr 200853110.3110.45$554
Mar 200857101.909.66$551
Feb 20085692.538.77$491
Jan 20086590.388.21$533
Dec 20076588.337.30$475
Nov 20076291.677.29$452
Oct 20076082.856.92$415
Sep 20075675.846.24$350
Aug 20075169.066.39$326
Jul 20076270.906.39$396
Jun 20075662.007.55$423
May 20076258.747.85$486
Apr 20076659.617.81$515
Mar 20077056.927.30$511
Feb 20076555.108.22$534
Jan 20077750.306.73$518
Dec 20067556.656.92$519
Nov 20067154.207.62$541
Oct 20067154.906.01$427
Sep 20066460.085.04$322
Aug 20066868.717.34$499
Jul 20067169.376.34$450
Jun 20067066.286.38$447
May 20066666.016.42$424
Apr 20066464.397.36$471
Mar 20066756.707.08$475
Feb 20066157.597.75$473
Jan 20067160.598.93$634
Dec 20057254.9413.42$966
Nov 20057054.6910.59$741
Oct 20056958.3413.80$952
Sep 20057361.4512.08$882
Aug 20057861.519.80$764
Jul 20057555.697.84$588
Jun 20057852.337.38$576
May 20058145.226.65$539
Apr 20057749.207.36$567
Mar 20057350.377.15$522
Feb 20057145.226.31$448
Jan 20057443.166.32$468
Dec 20048239.866.75$554
Nov 20048245.286.33$519
Oct 20048149.706.52$528
Sep 20047943.245.28$417
Aug 20048742.375.55$483
Jul 20048438.286.08$511
Jun 20048136.106.43$521
May 20048737.486.49$565
Apr 20048134.475.86$475
Mar 20048334.365.53$459
Feb 20047932.455.51$435
Jan 20048132.036.30$510
Dec 20038130.266.30$510
Nov 20038128.804.60$372
Oct 20038028.174.76$381
Sep 20038126.314.75$385
Aug 20038629.765.13$441
Jul 20038229.415.17$424
Jun 20038028.565.98$479
May 20037926.595.97$472
Apr 20038326.675.41$449
Mar 20038531.146.10$518
Feb 20037733.487.93$610
Jan 20038130.315.58$452
Dec 20028226.914.85$398
Nov 20028024.664.14$331
Oct 20028426.464.23$355
Sep 20028327.443.64$302
Aug 20028625.963.16$272
Jul 20028324.583.06$254
Jun 20028223.733.34$274
May 20028624.663.58$308
Apr 20027823.653.51$274
Mar 20028122.003.10$251
Feb 20027218.222.38$171
Jan 20028317.172.38$197
Dec 20018716.932.36$206
Nov 20019318.072.41$224
Oct 20019819.782.53$248
Sep 20019824.262.25$221
Aug 20014624.873.05$140
Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 20002632.215.66$147
Oct 200020131.235.15$1,034
Sep 200050731.875.19$2,630
Aug 200061629.644.54$2,797
Jul 20008628.534.09$352
Jun 20008529.304.40$374
May 200010827.263.68$397
Apr 20008224.513.12$256
Mar 200020328.422.86$581
Feb 20009427.622.73$256
Jan 200010525.272.48$260
Dec 19999624.282.42$233
Nov 19999523.192.43$231
Oct 199910820.982.80$303
Sep 199912021.752.62$314
Aug 199911519.262.88$331
Jul 199957917.892.37$1,374
Jun 199910315.942.36$243
May 199910915.792.32$253
Apr 199910515.102.21$232
Mar 199912812.471.84$235
Feb 19991269.981.82$229
Jan 199911710.381.90$222
Dec 19981619.201.77$286
Nov 199814310.892.19$313
Oct 199812512.421.97$246
Sep 199811912.592.08$248
Aug 199813811.301.91$263
Jul 199860911.742.24$1,363
Jun 199860011.242.24$1,342
May 199816412.622.21$362
Apr 199815113.042.51$378
Mar 199813212.802.31$305
Feb 199810913.952.30$251
Jan 199812014.702.15$259
Dec 199712016.322.41$289
Nov 19978718.193.09$269
Oct 199710919.253.15$343
Sep 19979817.742.95$290
Aug 19979917.862.55$253
Jul 199710917.582.25$245
Jun 199713017.242.26$293
May 199712518.972.31$289
Apr 199713517.882.08$281
Mar 199711818.951.94$229
Feb 199712720.492.21$280
Jan 199714923.483.54$527
Dec 199615023.32$0
Nov 199613721.97$0
Oct 199613623.31$0
Sep 199613722.22$0
Aug 199614620.26$0
Jul 199613619.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996019.38$0
Feb 1996016.98$0
Jan 1996017.07$0
Dec 1995017.19$0
Nov 1995016.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 199417215.88$0
Apr 199411114.14$0
Mar 199415712.46$0
Feb 199414412.50$0
Jan 199416812.66$0
Dec 199315112.33$0
Nov 199311914.49$0
Oct 199311715.85$0
Sep 199310815.03$0
Aug 199310415.66$0
Jul 199312015.46$0
Jun 199315116.79$0
May 199313117.68$0
Apr 199315718.05$0
Mar 199318318.14$0
Feb 199318517.90$0
Jan 199319116.93$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.

May 2026 — as filed, then multipliedworked
Gas                   57 Mcf  × $  3.05 =       $174

────────────────────────────────────────────────────
Month total                                     $174

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/26038 is the state's own key, not one this site invented.