CLAY

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 26054District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$303 k
Jan 1993 – May 2026
Value, last 12 filed months
$8 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
GasProduction81,856 Mcf$302,520
Total$302,520

3,953 Mcf of this lease's gas, across 24 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 35.1168, -100.3543. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.11683, -100.35432 · 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
2,198 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 2,198 ft.

Completions filed
Mar 1961
1 of 1 wells

1 well

42-0878008712,198 ftMar 1961

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 2026204106.413.05$621
Apr 202620698.932.87$591
Mar 202623789.753.15$746
Feb 202621463.503.75$803
Jan 202611559.138.00$920
Dec 202512456.664.41$547
Nov 202520558.593.93$805
Oct 202519459.383.30$641
Sep 202519362.743.08$594
Aug 202521263.933.01$639
Jul 202521566.743.32$713
Jun 202521066.483.13$657
May 202523060.553.23$743
Apr 202517162.363.54$606
Mar 202512867.704.27$546
Feb 202514670.884.34$634
Jan 202516574.324.28$706
Dec 202418868.993.12$587
Nov 202417669.052.20$387
Oct 202414971.372.28$340
Sep 202411769.612.36$277
Aug 202416075.632.06$330
Jul 202414879.932.15$318
Jun 202414978.082.63$392
May 202412678.812.20$277
Apr 202412384.451.66$204
Mar 202414280.301.55$219
Feb 202413576.091.78$241
Jan 202415873.023.30$521
Dec 202318071.262.61$470
Nov 202318977.892.81$531
Oct 202316385.443.09$503
Sep 202315489.042.74$421
Aug 202314880.522.67$396
Jul 202313774.852.64$362
Jun 202311368.962.26$255
May 202312570.622.23$278
Apr 202310478.122.24$233
Mar 202325172.852.39$601
Feb 202322675.112.47$557
Jan 202317476.533.39$589
Dec 202216976.415.73$968
Nov 202216585.005.65$932
Oct 202216187.185.86$944
Sep 202214184.888.16$1,151
Aug 202216894.529.13$1,533
Jul 2022171101.587.54$1,290
Jun 2022151115.097.98$1,205
May 2022163109.378.43$1,375
Apr 2022148104.226.84$1,012
Mar 2022149108.885.08$756
Feb 202212391.054.86$598
Jan 202216281.844.54$735
Dec 202114371.323.90$558
Nov 202116177.435.24$843
Oct 202113479.795.71$766
Sep 202114669.865.35$781
Aug 202114266.024.22$599
Jul 2021070.783.98$0
Jun 202113969.493.38$470
May 202113563.483.02$407
Apr 202114460.362.76$397
Mar 202114761.302.72$399
Feb 202117657.805.55$976
Jan 202121150.412.81$593
Dec 202016744.642.68$447
Nov 202014438.772.71$390
Oct 202012436.972.48$307
Sep 202020037.091.99$398
Aug 202018639.982.39$444
Jul 202017238.371.83$314
Jun 202017334.901.69$292
May 202021916.921.81$397
Apr 202012814.751.80$231
Mar 202022830.341.86$423
Feb 2020049.881.98$0
Jan 20209657.252.09$201
Dec 201916759.012.30$385
Nov 201924155.302.75$663
Oct 201914953.472.42$360
Sep 201918555.052.66$492
Aug 201920653.112.30$475
Jul 201919956.272.46$490
Jun 201914352.782.49$356
May 201915058.482.74$411
Apr 20198362.632.75$228
Mar 201921556.803.06$658
Feb 201922850.852.79$637
Jan 201915046.033.23$484
Dec 201823146.594.19$967
Nov 201817452.934.24$737
Oct 201817861.443.40$605
Sep 201811559.543.11$357
Aug 201819759.403.07$604
Jul 201826065.142.93$762
Jun 201811760.183.08$360
May 201826665.382.90$772
Apr 201824263.842.90$702
Mar 201829961.222.79$833
Feb 201813761.782.77$379
Jan 201826862.874.01$1,075
Dec 201733557.272.92$979
Nov 201736655.423.12$1,141
Oct 201733849.292.98$1,008
Sep 201734047.523.09$1,050
Aug 201728545.373.00$856
Jul 201732243.873.09$994
Jun 201731842.493.09$982
May 201734445.373.26$1,123
Apr 201729547.933.21$947
Mar 201729846.772.98$889
Feb 201730850.452.95$909
Jan 201734649.413.42$1,183
Dec 201635848.763.72$1,333
Nov 201635142.492.64$928
Oct 201638046.193.09$1,174
Sep 201636941.553.10$1,144
Aug 201637141.442.92$1,085
Jul 201640541.622.92$1,184
Jun 201625345.352.69$680
May 201633742.521.99$671
Apr 201633236.561.99$661
Mar 201634833.011.79$624
Feb 201638326.472.06$790
Jan 201637027.352.36$875
Dec 201532832.362.00$656
Nov 201537138.792.17$804
Oct 201539443.552.43$956
Sep 201536742.992.76$1,012
Aug 201541840.162.87$1,201
Jul 201540348.152.95$1,187
Jun 201542156.152.88$1,214
May 201540655.212.96$1,200
Apr 201535149.822.71$950
Mar 201542042.892.93$1,233
Feb 201536944.662.98$1,098
Jan 201540043.433.10$1,240
Dec 201442854.693.59$1,537
Nov 201442470.464.25$1,803
Oct 201445478.303.90$1,771
Sep 201444186.164.05$1,784
Aug 201444589.394.04$1,796
Jul 201444696.564.18$1,864
Jun 201444098.164.74$2,084
May 201448094.734.73$2,269
Apr 201445595.944.81$2,188
Mar 201449095.895.06$2,478
Feb 201436497.406.19$2,254
Jan 201442790.404.86$2,076
Dec 201343991.824.35$1,912
Nov 201346988.853.74$1,753
Oct 201348397.423.78$1,825
Sep 2013489104.113.72$1,818
Aug 2013427104.253.52$1,504
Jul 2013504102.523.72$1,874
Jun 201350094.403.93$1,967
May 201353994.834.15$2,236
Apr 201349893.964.28$2,133
Mar 201348293.623.91$1,886
Feb 201347391.233.42$1,618
Jan 201353391.603.42$1,823
Dec 201255086.773.42$1,881
Nov 201255186.953.62$1,997
Oct 201260189.383.40$2,043
Sep 201254294.672.92$1,582
Aug 201260292.662.91$1,751
Jul 201263785.133.02$1,924
Jun 201258479.822.52$1,471
May 201261091.612.49$1,518
Apr 2012260101.652.00$519
Mar 2012315105.052.22$700
Feb 2012283101.102.57$727
Jan 201235698.092.73$973
Dec 201137796.873.24$1,221
Nov 201140095.723.31$1,325
Oct 201136784.983.65$1,339
Sep 201143183.623.99$1,718
Aug 201149383.404.15$2,046
Jul 201153194.144.52$2,399
Jun 201156292.904.64$2,608
May 201158498.134.40$2,572
Apr 2011584105.964.33$2,531
Mar 201158196.364.06$2,357
Feb 201154485.644.18$2,274
Jan 201169686.504.59$3,194
Dec 201086785.734.35$3,770
Nov 201096180.843.80$3,647
Oct 201044178.103.51$1,547
Sep 201013072.633.98$517
Aug 201013573.684.42$597
Jul 201015072.554.74$710
Jun 201012170.364.91$594
May 201014971.124.24$631
Apr 201014181.694.12$581
Mar 201013678.394.39$597
Feb 201013473.585.44$729
Jan 201015374.365.96$913
Dec 200914171.445.48$773
Nov 200912974.593.75$484
Oct 200915272.544.11$625
Sep 200913865.543.06$423
Aug 200914967.423.22$480
Jul 200914361.133.46$495
Jun 200912066.163.90$467
May 200915454.743.93$605
Apr 200912946.773.59$463
Mar 200914442.144.06$585
Feb 200915532.814.63$718
Jan 200921835.865.37$1,171
Dec 200823937.105.98$1,429
Nov 200821155.496.86$1,448
Oct 200827275.246.92$1,883
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 200885131.3313.03$1,108
May 2008128123.1711.57$1,482
Apr 2008122110.3110.45$1,275
Mar 2008127101.909.66$1,227
Feb 200811692.538.77$1,017
Jan 200812890.388.21$1,050
Dec 200713388.337.30$971
Nov 200713191.677.29$955
Oct 200713982.856.92$962
Sep 200715575.846.24$968
Aug 200718569.066.39$1,182
Jul 20078070.906.39$511
Jun 20078162.007.55$611
May 20078658.747.85$675
Apr 20079259.617.81$718
Mar 200710456.927.30$759
Feb 20078955.108.22$731
Jan 20079950.306.73$666
Dec 200611556.656.92$796
Nov 200610554.207.62$800
Oct 200610654.906.01$637
Sep 200610760.085.04$539
Aug 200611368.717.34$829
Jul 200611169.376.34$704
Jun 200610766.286.38$683
May 200611266.016.42$720
Apr 200611464.397.36$839
Mar 200612356.707.08$871
Feb 200611357.597.75$876
Jan 200612660.598.93$1,126
Dec 200511754.9413.42$1,570
Nov 200511254.6910.59$1,186
Oct 200511958.3413.80$1,642
Sep 200511961.4512.08$1,437
Aug 200512761.519.80$1,244
Jul 200512655.697.84$988
Jun 200512452.337.38$915
May 200513245.226.65$878
Apr 200513649.207.36$1,001
Mar 200514850.377.15$1,059
Feb 20055145.226.31$322
Jan 200511743.166.32$740
Dec 200418239.866.75$1,229
Nov 20045345.286.33$336
Oct 200411849.706.52$769
Sep 200412543.245.28$660
Aug 200413842.375.55$766
Jul 200412838.286.08$779
Jun 200412236.106.43$785
May 200412337.486.49$799
Apr 200411534.475.86$674
Mar 200412134.365.53$669
Feb 200412432.455.51$683
Jan 200412432.036.30$781
Dec 200313730.266.30$863
Nov 200313928.804.60$639
Oct 200310828.174.76$514
Sep 200312726.314.75$603
Aug 200313929.765.13$713
Jul 200313729.415.17$708
Jun 200312928.565.98$772
May 200312726.595.97$759
Apr 200313526.675.41$730
Mar 200317131.146.10$1,042
Feb 200310433.487.93$824
Jan 200312930.315.58$720
Dec 200213326.914.85$646
Nov 200212824.664.14$530
Oct 200212826.464.23$541
Sep 200213227.443.64$480
Aug 200213925.963.16$440
Jul 200213724.583.06$419
Jun 200213123.733.34$437
May 200215224.663.58$545
Apr 200211623.653.51$407
Mar 200210822.003.10$335
Feb 200212318.222.38$292
Jan 20029317.172.38$221
Dec 20019716.932.36$229
Nov 200113418.072.41$322
Oct 200113619.782.53$344
Sep 200114124.262.25$317
Aug 20017124.873.05$217
Jul 200112123.933.20$387
Jun 200115224.563.82$581
May 200116525.524.31$711
Apr 200112824.685.34$683
Mar 200120524.545.38$1,102
Feb 200118227.755.77$1,050
Jan 200120927.478.40$1,755
Dec 200020526.889.12$1,870
Nov 200019132.215.66$1,081
Oct 200018131.235.15$931
Sep 200013931.875.19$721
Aug 200014629.644.54$663
Jul 200015228.534.09$622
Jun 200019229.304.40$844
May 200018827.263.68$692
Apr 200015624.513.12$486
Mar 200017628.422.86$503
Feb 200013327.622.73$363
Jan 200013725.272.48$340
Dec 199914624.282.42$354
Nov 199914223.192.43$346
Oct 199913920.982.80$390
Sep 199914421.752.62$377
Aug 199914519.262.88$417
Jul 199914917.892.37$353
Jun 199913815.942.36$326
May 199915815.792.32$367
Apr 199915215.102.21$336
Mar 199915212.471.84$279
Feb 19991369.981.82$247
Jan 199914310.381.90$272
Dec 19981449.201.77$255
Nov 199815510.892.19$339
Oct 199816912.421.97$333
Sep 199814312.592.08$298
Aug 199816911.301.91$322
Jul 199815311.742.24$342
Jun 199814511.242.24$324
May 199814612.622.21$322
Apr 199815813.042.51$396
Mar 199819112.802.31$441
Feb 199815513.952.30$356
Jan 199816514.702.15$356
Dec 199716916.322.41$407
Nov 199717118.193.09$528
Oct 199718219.253.15$573
Sep 199717917.742.95$529
Aug 199717117.862.55$437
Jul 199718217.582.25$409
Jun 199718717.242.26$422
May 199720218.972.31$466
Apr 199720917.882.08$435
Mar 199718618.951.94$361
Feb 199718020.492.21$397
Jan 199720323.483.54$719
Dec 199621323.32$0
Nov 199620821.97$0
Oct 19969723.31$0
Sep 19969722.22$0
Aug 199611120.26$0
Jul 199629919.55$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 199416817.56$0
Jun 1994017.09$0
May 199418615.88$0
Apr 199412814.14$0
Mar 199416912.46$0
Feb 199417012.50$0
Jan 199417412.66$0
Dec 199317212.33$0
Nov 199316214.49$0
Oct 199318115.85$0
Sep 199318115.03$0
Aug 199318715.66$0
Jul 199320315.46$0
Jun 199318116.79$0
May 199318717.68$0
Apr 199321818.05$0
Mar 19937318.14$0
Feb 19931117.90$0
Jan 199317716.93$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                  204 Mcf  × $  3.05 =       $621

────────────────────────────────────────────────────
Month total                                     $621

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/26054 is the state's own key, not one this site invented.