FEDERAL LIFE INSURANCE CO.

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 26070District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$242 k
Jan 1993 – May 2026
Value, last 12 filed months
$5 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
GasProduction77,625 Mcf$241,828
Total$241,828

17,654 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.

1 well

42-483800121

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 202685106.413.05$259
Apr 202611298.932.87$321
Mar 202613989.753.15$438
Feb 202611163.503.75$416
Jan 202610659.138.00$848
Dec 202510856.664.41$477
Nov 20259958.593.93$389
Oct 202513759.383.30$453
Sep 202513662.743.08$418
Aug 202514063.933.01$422
Jul 202513166.743.32$434
Jun 202511066.483.13$344
May 202513160.553.23$423
Apr 202512562.363.54$443
Mar 202512067.704.27$512
Feb 20256870.884.34$295
Jan 20258074.324.28$342
Dec 202410868.993.12$337
Nov 202411769.052.20$257
Oct 202411571.372.28$262
Sep 202413169.612.36$310
Aug 202413475.632.06$277
Jul 202412379.932.15$264
Jun 20248278.082.63$216
May 202412978.812.20$284
Apr 20247584.451.66$124
Mar 202412380.301.55$190
Feb 20243276.091.78$57
Jan 20246773.023.30$221
Dec 202312071.262.61$313
Nov 202312177.892.81$340
Oct 202312285.443.09$377
Sep 202312589.042.74$342
Aug 202314080.522.67$374
Jul 202313574.852.64$357
Jun 202312668.962.26$285
May 202313570.622.23$301
Apr 202310478.122.24$233
Mar 202357172.852.39$1,366
Feb 202353575.112.47$1,319
Jan 202312276.533.39$413
Dec 202211076.415.73$630
Nov 202212185.005.65$683
Oct 202212387.185.86$721
Sep 202212084.888.16$980
Aug 202212294.529.13$1,114
Jul 2022129101.587.54$973
Jun 2022106115.097.98$846
May 2022134109.378.43$1,130
Apr 2022130104.226.84$889
Mar 2022119108.885.08$604
Feb 202210491.054.86$505
Jan 202213181.844.54$594
Dec 202115171.323.90$589
Nov 202115277.435.24$796
Oct 202112279.795.71$697
Sep 202114569.865.35$776
Aug 202114766.024.22$620
Jul 2021070.783.98$0
Jun 202112769.493.38$429
May 202113163.483.02$395
Apr 20219860.362.76$270
Mar 202115261.302.72$413
Feb 20219057.805.55$499
Jan 202116650.412.81$467
Dec 202012944.642.68$345
Nov 202013638.772.71$368
Oct 202011536.972.48$285
Sep 202013537.091.99$269
Aug 202012739.982.39$303
Jul 202012138.371.83$221
Jun 202012934.901.69$218
May 202012916.921.81$234
Apr 202012414.751.80$224
Mar 202013130.341.86$243
Feb 202012349.881.98$244
Jan 202011357.252.09$237
Dec 201912959.012.30$297
Nov 201912655.302.75$347
Oct 201913653.472.42$329
Sep 201913155.052.66$348
Aug 201913453.112.30$309
Jul 201914656.272.46$359
Jun 201910852.782.49$269
May 201911358.482.74$310
Apr 201911062.632.75$303
Mar 201911556.803.06$352
Feb 201911850.852.79$329
Jan 201913046.033.23$420
Dec 201813246.594.19$552
Nov 201813252.934.24$559
Oct 201814061.443.40$476
Sep 201813559.543.11$420
Aug 201814159.403.07$432
Jul 201813765.142.93$402
Jun 201813460.183.08$412
May 201814265.382.90$412
Apr 201813863.842.90$400
Mar 201814261.222.79$396
Feb 201811061.782.77$304
Jan 201812262.874.01$489
Dec 201710757.272.92$313
Nov 201714255.423.12$443
Oct 201713149.292.98$391
Sep 201713547.523.09$417
Aug 201714945.373.00$448
Jul 201714143.873.09$435
Jun 201713342.493.09$411
May 201722145.373.26$721
Apr 201713247.933.21$424
Mar 201714446.772.98$430
Feb 201712350.452.95$363
Jan 201714349.413.42$489
Dec 201613548.763.72$503
Nov 201613842.492.64$365
Oct 201614346.193.09$442
Sep 201613541.553.10$419
Aug 201614941.442.92$436
Jul 201615541.622.92$453
Jun 201614345.352.69$384
May 201614242.521.99$283
Apr 201613036.561.99$259
Mar 201613933.011.79$249
Feb 201613026.472.06$268
Jan 201614927.352.36$352
Dec 201513932.362.00$278
Nov 201513338.792.17$288
Oct 201515143.552.43$366
Sep 201514642.992.76$403
Aug 201515340.162.87$439
Jul 201515648.152.95$459
Jun 201514756.152.88$424
May 201515155.212.96$446
Apr 201514449.822.71$390
Mar 201514942.892.93$437
Feb 201512244.662.98$363
Jan 201513643.433.10$422
Dec 201414754.693.59$528
Nov 201414570.464.25$617
Oct 201415678.303.90$609
Sep 201415286.164.05$615
Aug 201415589.394.04$625
Jul 201416196.564.18$673
Jun 201415698.164.74$739
May 201415194.734.73$714
Apr 201414595.944.81$697
Mar 201415595.895.06$784
Feb 201412997.406.19$799
Jan 201414990.404.86$724
Dec 201318791.824.35$814
Nov 201315088.853.74$561
Oct 201315997.423.78$601
Sep 2013153104.113.72$569
Aug 2013165104.253.52$581
Jul 2013173102.523.72$643
Jun 201315494.403.93$606
May 201316594.834.15$685
Apr 201315593.964.28$664
Mar 201316793.623.91$653
Feb 201315291.233.42$520
Jan 201316491.603.42$561
Dec 201216186.773.42$551
Nov 201216286.953.62$587
Oct 201216389.383.40$554
Sep 201216594.672.92$482
Aug 201216692.662.91$483
Jul 201217385.133.02$523
Jun 201216379.822.52$411
May 201217591.612.49$435
Apr 2012204101.652.00$407
Mar 2012185105.052.22$411
Feb 2012170101.102.57$437
Jan 201219098.092.73$519
Dec 201118996.873.24$612
Nov 201119795.723.31$652
Oct 201121084.983.65$766
Sep 201120683.623.99$821
Aug 201125183.404.15$1,041
Jul 201120994.144.52$944
Jun 201120192.904.64$933
May 201121198.134.40$929
Apr 2011203105.964.33$880
Mar 201119696.364.06$795
Feb 201115985.644.18$665
Jan 201120886.504.59$954
Dec 201021785.734.35$943
Nov 201021580.843.80$816
Oct 201021578.103.51$754
Sep 201022272.633.98$883
Aug 201029173.684.42$1,286
Jul 201022072.554.74$1,042
Jun 201021470.364.91$1,051
May 201022171.124.24$936
Apr 201021981.694.12$903
Mar 201026278.394.39$1,150
Feb 201020073.585.44$1,088
Jan 201022974.365.96$1,366
Dec 200926671.445.48$1,459
Nov 200920174.593.75$754
Oct 200923872.544.11$978
Sep 200921065.543.06$644
Aug 200920467.423.22$657
Jul 200921961.133.46$759
Jun 200913866.163.90$538
May 200920454.743.93$801
Apr 200918946.773.59$678
Mar 200920442.144.06$828
Feb 200920832.814.63$964
Jan 200918435.865.37$988
Dec 200818437.105.98$1,100
Nov 200818555.496.86$1,269
Oct 200818475.246.92$1,274
Sep 2008180101.767.88$1,418
Aug 2008148114.228.48$1,255
Jul 200893131.0811.39$1,059
Jun 2008108131.3313.03$1,408
May 2008205123.1711.57$2,373
Apr 2008212110.3110.45$2,216
Mar 2008230101.909.66$2,223
Feb 200820792.538.77$1,816
Jan 200824190.388.21$1,978
Dec 200726788.337.30$1,950
Nov 200726691.677.29$1,940
Oct 200724182.856.92$1,668
Sep 200711275.846.24$699
Aug 200711469.066.39$728
Jul 200713370.906.39$850
Jun 200711162.007.55$838
May 20076358.747.85$494
Apr 200712659.617.81$983
Mar 200715656.927.30$1,139
Feb 200711655.108.22$953
Jan 200716550.306.73$1,110
Dec 200621156.656.92$1,460
Nov 20069554.207.62$724
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006168.717.34$7
Jul 20066269.376.34$393
Jun 200610266.286.38$651
May 200610466.016.42$668
Apr 200613564.397.36$994
Mar 200614156.707.08$999
Feb 200610157.597.75$783
Jan 200612160.598.93$1,081
Dec 2005054.9413.42$0
Nov 200516754.6910.59$1,768
Oct 200515258.3413.80$2,097
Sep 200513561.4512.08$1,631
Aug 200513361.519.80$1,303
Jul 200512655.697.84$988
Jun 200512952.337.38$952
May 200516845.226.65$1,117
Apr 200514349.207.36$1,053
Mar 200511750.377.15$837
Feb 200510745.226.31$675
Jan 200512243.166.32$771
Dec 200412639.866.75$851
Nov 200415045.286.33$950
Oct 200416549.706.52$1,075
Sep 200414843.245.28$782
Aug 200415442.375.55$855
Jul 200414338.286.08$870
Jun 200415936.106.43$1,023
May 200417537.486.49$1,137
Apr 200416934.475.86$990
Mar 200416634.365.53$918
Feb 200414032.455.51$771
Jan 200414632.036.30$920
Dec 200316730.266.30$1,052
Nov 200321628.804.60$993
Oct 200318328.174.76$871
Sep 200316426.314.75$779
Aug 200314529.765.13$744
Jul 200318129.415.17$936
Jun 200318828.565.98$1,125
May 200317926.595.97$1,069
Apr 200316426.675.41$887
Mar 200317831.146.10$1,085
Feb 200316233.487.93$1,284
Jan 200317530.315.58$977
Dec 200220326.914.85$985
Nov 200221024.664.14$869
Oct 200224726.464.23$1,045
Sep 200223827.443.64$865
Aug 200223925.963.16$756
Jul 200221924.583.06$671
Jun 200221923.733.34$731
May 200225324.663.58$907
Apr 200221023.653.51$738
Mar 200223022.003.10$714
Feb 200218218.222.38$432
Jan 200221817.172.38$518
Dec 200122516.932.36$532
Nov 200125418.072.41$611
Oct 200124419.782.53$617
Sep 200120924.262.25$471
Aug 20017724.873.05$235
Jul 200117323.933.20$553
Jun 200122724.563.82$868
May 200116725.524.31$719
Apr 200120324.685.34$1,083
Mar 200122224.545.38$1,194
Feb 200117427.755.77$1,003
Jan 200116527.478.40$1,386
Dec 200011926.889.12$1,086
Nov 200021732.215.66$1,228
Oct 200019031.235.15$978
Sep 200019131.875.19$991
Aug 200012729.644.54$577
Jul 200020328.534.09$830
Jun 200022229.304.40$976
May 200022327.263.68$821
Apr 200023924.513.12$745
Mar 200024628.422.86$704
Feb 200025727.622.73$701
Jan 200026825.272.48$665
Dec 199930524.282.42$739
Nov 199928123.192.43$684
Oct 199927020.982.80$757
Sep 199926621.752.62$697
Aug 199928819.262.88$828
Jul 199926017.892.37$617
Jun 199926215.942.36$619
May 199924515.792.32$569
Apr 199925615.102.21$565
Mar 199928812.471.84$529
Feb 19992589.981.82$469
Jan 199926810.381.90$509
Dec 19981559.201.77$275
Nov 199828310.892.19$619
Oct 199830712.421.97$605
Sep 199829712.592.08$619
Aug 199834011.301.91$649
Jul 199832311.742.24$723
Jun 199829811.242.24$667
May 199828212.622.21$622
Apr 199830113.042.51$754
Mar 199836712.802.31$848
Feb 199836513.952.30$839
Jan 199822014.702.15$474
Dec 199725116.322.41$605
Nov 199727618.193.09$852
Oct 199730619.253.15$964
Sep 199735717.742.95$1,055
Aug 199731417.862.55$802
Jul 199734917.582.25$784
Jun 199732417.242.26$731
May 199732618.972.31$753
Apr 199715717.882.08$327
Mar 199727918.951.94$541
Feb 199724620.492.21$543
Jan 199728823.483.54$1,019
Dec 199631423.32$0
Nov 199632421.97$0
Oct 199633523.31$0
Sep 199622122.22$0
Aug 199621720.26$0
Jul 199627319.55$0
Jun 199637218.73$0
May 199630319.43$0
Apr 199630021.51$0
Mar 199624519.38$0
Feb 199624116.98$0
Jan 199626017.07$0
Dec 199530717.19$0
Nov 199529816.00$0
Oct 199536915.43$0
Sep 199538016.18$0
Aug 199538415.92$0
Jul 199540815.24$0
Jun 199542716.41$0
May 199543217.56$0
Apr 199541417.73$0
Mar 199540316.44$0
Feb 199536616.58$0
Jan 199539715.92$0
Dec 199440115.03$0
Nov 199440715.90$0
Oct 199444115.58$0
Sep 199437215.29$0
Aug 199431216.13$0
Jul 199441017.56$0
Jun 1994017.09$0
May 199441315.88$0
Apr 199433714.14$0
Mar 199439612.46$0
Feb 199437812.50$0
Jan 199432712.66$0
Dec 199346712.33$0
Nov 199344114.49$0
Oct 199347315.85$0
Sep 199346715.03$0
Aug 199348715.66$0
Jul 199346315.46$0
Jun 199343916.79$0
May 199340717.68$0
Apr 199328318.05$0
Mar 199347618.14$0
Feb 199348317.90$0
Jan 199358416.93$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                   85 Mcf  × $  3.05 =       $259

────────────────────────────────────────────────────
Month total                                     $259

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/26070 is the state's own key, not one this site invented.