CARPENTER

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 26048District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$522 k
Jan 1993 – May 2026
Value, last 12 filed months
$11 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
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
GasProduction147,918 Mcf$521,950
Total$521,950

21,976 Mcf of this lease's gas, across 47 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.

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.

Completions filed
Dec 1964
1 of 1 wells

1 well

42-179805911Dec 1964

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 2026303106.413.05$923
Apr 202636998.932.87$1,059
Mar 202626089.753.15$819
Feb 202615163.503.75$566
Jan 202620059.138.00$1,600
Dec 202529756.664.41$1,311
Nov 202514958.593.93$585
Oct 202513459.383.30$443
Sep 202534762.743.08$1,068
Aug 202541063.933.01$1,236
Jul 202538066.743.32$1,260
Jun 202519266.483.13$601
May 202537860.553.23$1,222
Apr 202515362.363.54$542
Mar 202519067.704.27$811
Feb 20254770.884.34$204
Jan 202527074.324.28$1,155
Dec 202434368.993.12$1,071
Nov 202422969.052.20$503
Oct 202425871.372.28$589
Sep 202428469.612.36$671
Aug 202417975.632.06$369
Jul 202432479.932.15$696
Jun 202430178.082.63$793
May 202436378.812.20$798
Apr 202422984.451.66$380
Mar 202437280.301.55$575
Feb 202419776.091.78$351
Jan 202421673.023.30$712
Dec 202332071.262.61$835
Nov 202330577.892.81$856
Oct 202314785.443.09$454
Sep 202322389.042.74$610
Aug 20235180.522.67$136
Jul 202337574.852.64$991
Jun 202333668.962.26$759
May 202315970.622.23$354
Apr 202325178.122.24$562
Mar 202317972.852.39$428
Feb 202315975.112.47$392
Jan 202333276.533.39$1,125
Dec 202229376.415.73$1,679
Nov 202237585.005.65$2,117
Oct 202240987.185.86$2,398
Sep 202233184.888.16$2,702
Aug 202239294.529.13$3,578
Jul 2022417101.587.54$3,145
Jun 2022186115.097.98$1,484
May 202231109.378.43$261
Apr 202230104.226.84$205
Mar 202231108.885.08$157
Feb 20222891.054.86$136
Jan 202221181.844.54$957
Dec 202132371.323.90$1,259
Nov 202134277.435.24$1,791
Oct 202135179.795.71$2,006
Sep 202132669.865.35$1,744
Aug 202132166.024.22$1,355
Jul 20213170.783.98$123
Jun 202134269.493.38$1,156
May 202128863.483.02$869
Apr 202130360.362.76$836
Mar 202131061.302.72$842
Feb 202121457.805.55$1,187
Jan 202132350.412.81$908
Dec 202031844.642.68$851
Nov 202030738.772.71$831
Oct 202030236.972.48$748
Sep 202030837.091.99$613
Aug 202030439.982.39$725
Jul 202029038.371.83$529
Jun 202029434.901.69$497
May 202027416.921.81$497
Apr 202024514.751.80$442
Mar 202027330.341.86$507
Feb 202022049.881.98$436
Jan 202025357.252.09$530
Dec 201928759.012.30$661
Nov 201927455.302.75$754
Oct 201927053.472.42$653
Sep 201924155.052.66$640
Aug 201927153.112.30$624
Jul 201929556.272.46$726
Jun 201930052.782.49$747
May 201926158.482.74$715
Apr 201926262.632.75$721
Mar 201926556.803.06$811
Feb 201925850.852.79$720
Jan 201928046.033.23$904
Dec 201828346.594.19$1,184
Nov 201826752.934.24$1,131
Oct 201828761.443.40$975
Sep 201827459.543.11$852
Aug 201827059.403.07$828
Jul 201828665.142.93$839
Jun 201828360.183.08$871
May 201828065.382.90$812
Apr 201827763.842.90$804
Mar 201828561.222.79$794
Feb 201825461.782.77$703
Jan 201827162.874.01$1,087
Dec 201727457.272.92$801
Nov 201728455.423.12$886
Oct 201727249.292.98$812
Sep 201727647.523.09$852
Aug 201729845.373.00$895
Jul 201728843.873.09$889
Jun 201729242.493.09$901
May 201727245.373.26$888
Apr 201726947.933.21$864
Mar 201727846.772.98$829
Feb 201725350.452.95$747
Jan 201729149.413.42$995
Dec 201630248.763.72$1,124
Nov 201630042.492.64$793
Oct 201630346.193.09$936
Sep 201630241.553.10$936
Aug 201631141.442.92$909
Jul 201632441.622.92$947
Jun 201630145.352.69$808
May 201630442.521.99$605
Apr 201628036.561.99$557
Mar 201630533.011.79$547
Feb 201629226.472.06$603
Jan 201629427.352.36$695
Dec 201527232.362.00$544
Nov 201528338.792.17$613
Oct 201530943.552.43$750
Sep 201528442.992.76$783
Aug 201531840.162.87$913
Jul 201532148.152.95$945
Jun 201531356.152.88$902
May 201532655.212.96$963
Apr 201530149.822.71$815
Mar 201531342.892.93$919
Feb 201528644.662.98$851
Jan 201530443.433.10$943
Dec 201431754.693.59$1,138
Nov 201431270.464.25$1,327
Oct 201430078.303.90$1,170
Sep 201468686.164.05$2,775
Aug 201470789.394.04$2,853
Jul 201470396.564.18$2,938
Jun 201468598.164.74$3,245
May 201472394.734.73$3,417
Apr 201468495.944.81$3,289
Mar 201470295.895.06$3,550
Feb 201462897.406.19$3,889
Jan 201471290.404.86$3,461
Dec 201371391.824.35$3,105
Nov 201358588.853.74$2,187
Oct 201372397.423.78$2,732
Sep 2013710104.113.72$2,640
Aug 2013724104.253.52$2,550
Jul 2013721102.523.72$2,680
Jun 201361094.403.93$2,399
May 201372894.834.15$3,021
Apr 201370293.964.28$3,006
Mar 201372993.623.91$2,852
Feb 201367191.233.42$2,295
Jan 201375491.603.42$2,579
Dec 20128386.773.42$284
Nov 201238686.953.62$1,399
Oct 201270589.383.40$2,397
Sep 201268894.672.92$2,008
Aug 201272092.662.91$2,094
Jul 201272485.133.02$2,187
Jun 201270379.822.52$1,771
May 201272091.612.49$1,792
Apr 2012704101.652.00$1,406
Mar 2012713105.052.22$1,584
Feb 2012668101.102.57$1,717
Jan 201270698.092.73$1,930
Dec 201172196.873.24$2,336
Nov 201170295.723.31$2,325
Oct 201173984.983.65$2,696
Sep 201172283.623.99$2,878
Aug 201138283.404.15$1,585
Jul 201139294.144.52$1,771
Jun 201131592.904.64$1,462
May 201135298.134.40$1,551
Apr 2011339105.964.33$1,469
Mar 201135496.364.06$1,436
Feb 201129885.644.18$1,246
Jan 201130286.504.59$1,386
Dec 201034885.734.35$1,513
Nov 201033880.843.80$1,283
Oct 201036678.103.51$1,284
Sep 201036072.633.98$1,433
Aug 201038073.684.42$1,679
Jul 201037472.554.74$1,771
Jun 201036170.364.91$1,773
May 201038071.124.24$1,609
Apr 201037181.694.12$1,530
Mar 201037378.394.39$1,637
Feb 201033773.585.44$1,834
Jan 201037774.365.96$2,248
Dec 200933171.445.48$1,815
Nov 200937474.593.75$1,403
Oct 200939372.544.11$1,615
Sep 200938165.543.06$1,168
Aug 200937367.423.22$1,201
Jul 200942761.133.46$1,479
Jun 200936066.163.90$1,402
May 200940254.743.93$1,578
Apr 200934246.773.59$1,227
Mar 200936142.144.06$1,465
Feb 200937932.814.63$1,756
Jan 200939435.865.37$2,116
Dec 200837837.105.98$2,259
Nov 200841055.496.86$2,813
Oct 200845175.246.92$3,122
Sep 2008453101.767.88$3,568
Aug 2008460114.228.48$3,902
Jul 2008442131.0811.39$5,034
Jun 2008436131.3313.03$5,682
May 2008488123.1711.57$5,648
Apr 2008477110.3110.45$4,987
Mar 2008455101.909.66$4,397
Feb 200852992.538.77$4,640
Jan 200835490.388.21$2,905
Dec 200747088.337.30$3,432
Nov 200735691.677.29$2,596
Oct 200741582.856.92$2,873
Sep 200749875.846.24$3,110
Aug 200722469.066.39$1,431
Jul 20075870.906.39$371
Jun 200743562.007.55$3,284
May 200739458.747.85$3,091
Apr 200743459.617.81$3,387
Mar 200749356.927.30$3,600
Feb 200737855.108.22$3,106
Jan 200737350.306.73$2,509
Dec 200636856.656.92$2,546
Nov 200613354.207.62$1,013
Oct 200637754.906.01$2,267
Sep 200644560.085.04$2,242
Aug 200640568.717.34$2,973
Jul 200627269.376.34$1,725
Jun 200630366.286.38$1,934
May 200623966.016.42$1,536
Apr 200640564.397.36$2,981
Mar 200643856.707.08$3,102
Feb 200618857.597.75$1,457
Jan 200626260.598.93$2,341
Dec 200529654.9413.42$3,971
Nov 20055054.6910.59$529
Oct 200514658.3413.80$2,014
Sep 200533561.4512.08$4,046
Aug 200531561.519.80$3,086
Jul 200545355.697.84$3,553
Jun 200532552.337.38$2,399
May 200538845.226.65$2,581
Apr 200523549.207.36$1,730
Mar 200520650.377.15$1,474
Feb 200522745.226.31$1,433
Jan 20052143.166.32$133
Dec 200420639.866.75$1,391
Nov 200431745.286.33$2,007
Oct 200442549.706.52$2,769
Sep 200441543.245.28$2,193
Aug 200435242.375.55$1,954
Jul 200420538.286.08$1,247
Jun 2004036.106.43$0
May 200419537.486.49$1,266
Apr 200439034.475.86$2,285
Mar 200416434.365.53$907
Feb 200448932.455.51$2,694
Jan 200447532.036.30$2,992
Dec 200327330.266.30$1,720
Nov 200315828.804.60$726
Oct 200331828.174.76$1,514
Sep 200323226.314.75$1,102
Aug 200339529.765.13$2,026
Jul 20033629.415.17$186
Jun 200350028.565.98$2,991
May 200352426.595.97$3,130
Apr 200351526.675.41$2,785
Mar 200348931.146.10$2,981
Feb 200338833.487.93$3,075
Jan 200326330.315.58$1,468
Dec 200250526.914.85$2,451
Nov 200220324.664.14$840
Oct 200225826.464.23$1,091
Sep 200236027.443.64$1,309
Aug 200243525.963.16$1,376
Jul 200253824.583.06$1,647
Jun 200219323.733.34$644
May 200255724.663.58$1,996
Apr 200254623.653.51$1,918
Mar 200234022.003.10$1,055
Feb 200232518.222.38$772
Jan 200239817.172.38$946
Dec 200154416.932.36$1,286
Nov 200155818.072.41$1,342
Oct 200153619.782.53$1,355
Sep 200132524.262.25$732
Aug 200120824.873.05$635
Jul 200151323.933.20$1,640
Jun 2001024.563.82$0
May 200122725.524.31$978
Apr 200134424.685.34$1,835
Mar 20011024.545.38$54
Feb 200126327.755.77$1,517
Jan 2001027.478.40$0
Dec 200019626.889.12$1,788
Nov 200019032.215.66$1,075
Oct 200013531.235.15$695
Sep 200014131.875.19$731
Aug 200030029.644.54$1,362
Jul 20001028.534.09$41
Jun 200022829.304.40$1,003
May 200026627.263.68$979
Apr 200048124.513.12$1,499
Mar 200051328.422.86$1,467
Feb 200038827.622.73$1,058
Jan 200024625.272.48$610
Dec 199928724.282.42$696
Nov 199946323.192.43$1,127
Oct 199949320.982.80$1,382
Sep 199947121.752.62$1,233
Aug 199950219.262.88$1,444
Jul 199940117.892.37$951
Jun 199940715.942.36$961
May 199949015.792.32$1,137
Apr 199948815.102.21$1,078
Mar 199950612.471.84$930
Feb 19994119.981.82$747
Jan 199946710.381.90$887
Dec 19984129.201.77$731
Nov 199848410.892.19$1,058
Oct 199853212.421.97$1,048
Sep 199846412.592.08$966
Aug 199840611.301.91$774
Jul 199836911.742.24$826
Jun 199839311.242.24$879
May 199826112.622.21$576
Apr 199841313.042.51$1,035
Mar 199838212.802.31$882
Feb 199838313.952.30$881
Jan 199843714.702.15$942
Dec 199736016.322.41$868
Nov 199741518.193.09$1,282
Oct 199743619.253.15$1,373
Sep 199746117.742.95$1,362
Aug 199747517.862.55$1,214
Jul 199751717.582.25$1,162
Jun 199751517.242.26$1,162
May 199741818.972.31$965
Apr 199733117.882.08$689
Mar 199747518.951.94$921
Feb 199744720.492.21$986
Jan 199739023.483.54$1,380
Dec 199651123.32$0
Nov 199638121.97$0
Oct 199647523.31$0
Sep 199648322.22$0
Aug 199658720.26$0
Jul 199661119.55$0
Jun 199659818.73$0
May 199648219.43$0
Apr 199659921.51$0
Mar 199657819.38$0
Feb 199657516.98$0
Jan 199669217.07$0
Dec 199559817.19$0
Nov 199561716.00$0
Oct 199558015.43$0
Sep 199550216.18$0
Aug 199574515.92$0
Jul 199521715.24$0
Jun 19954816.41$0
May 199535517.56$0
Apr 199524017.73$0
Mar 199538616.44$0
Feb 199542916.58$0
Jan 199548215.92$0
Dec 199449215.03$0
Nov 199459215.90$0
Oct 199459615.58$0
Sep 199452815.29$0
Aug 199456616.13$0
Jul 199460017.56$0
Jun 1994017.09$0
May 199453615.88$0
Apr 199452414.14$0
Mar 199489912.46$0
Feb 199468912.50$0
Jan 199459612.66$0
Dec 199353812.33$0
Nov 199321614.49$0
Oct 19937215.85$0
Sep 19938915.03$0
Aug 199313315.66$0
Jul 199314415.46$0
Jun 199315916.79$0
May 199317417.68$0
Apr 199324218.05$0
Mar 199350018.14$0
Feb 199363017.90$0
Jan 199369016.93$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                  303 Mcf  × $  3.05 =       $923

────────────────────────────────────────────────────
Month total                                     $923

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/26048 is the state's own key, not one this site invented.