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LUTES

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 26150District 10Field 68826001NGPA filingCondensateGasSaveExport
Value, all time
$350 k
Jan 1993 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The PANHANDLE, EAST field

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
CondensateDisposition9 bbl$389
GasProduction105,726 Mcf$349,619
Total$350,008

23,562 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.

These wells centre on 35.1336, -100.1609. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.13356, -100.16092 · 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
2,006 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 2,006 ft.

Completions filed
Aug 1957
1 of 1 wells

1 well

42-0878015322,006 ftAug 1957——

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 20260118106.413.05$359
Apr 202608298.932.87$235
Mar 202609789.753.15$306
Feb 202607763.503.75$289
Jan 2026011159.138.00$888
Dec 2025010056.664.41$441
Nov 202509758.593.93$381
Oct 2025012159.383.30$400
Sep 202507062.743.08$215
Aug 202506663.933.01$199
Jul 202509366.743.32$308
Jun 2025010066.483.13$313
May 2025011160.553.23$359
Apr 2025010862.363.54$383
Mar 2025012367.704.27$525
Feb 202509670.884.34$417
Jan 2025012874.324.28$548
Dec 202409568.993.12$297
Nov 2024011269.052.20$246
Oct 2024010771.372.28$244
Sep 2024010969.612.36$258
Aug 2024012275.632.06$252
Jul 2024012079.932.15$258
Jun 202409678.082.63$253
May 2024013678.812.20$299
Apr 2024010384.451.66$171
Mar 2024011480.301.55$176
Feb 2024011676.091.78$207
Jan 202407373.023.30$241
Dec 202308071.262.61$209
Nov 2023010477.892.81$292
Oct 202309085.443.09$278
Sep 2023010489.042.74$284
Aug 202309880.522.67$262
Jul 202306874.852.64$180
Jun 2023010768.962.26$242
May 202307670.622.23$169
Apr 202308078.122.24$179
Mar 202306072.852.39$144
Feb 202306075.112.47$148
Jan 2023010176.533.39$342
Dec 2022011576.415.73$659
Nov 2022011485.005.65$644
Oct 2022013187.185.86$768
Sep 202209584.888.16$776
Aug 2022011694.529.13$1,059
Jul 20220113101.587.54$852
Jun 20220121115.097.98$965
May 20220148109.378.43$1,248
Apr 20220132104.226.84$903
Mar 20220151108.885.08$767
Feb 2022011491.054.86$554
Jan 2022016181.844.54$731
Dec 2021012771.323.90$495
Nov 2021012777.435.24$665
Oct 2021014579.795.71$829
Sep 2021012369.865.35$658
Aug 2021011966.024.22$502
Jul 20210070.783.98$0
Jun 2021013169.493.38$443
May 2021013863.483.02$416
Apr 20210060.362.76$0
Mar 2021017661.302.72$478
Feb 2021013557.805.55$749
Jan 2021016550.412.81$464
Dec 2020014944.642.68$399
Nov 2020015138.772.71$409
Oct 2020014036.972.48$347
Sep 2020015237.091.99$303
Aug 2020014839.982.39$353
Jul 2020013238.371.83$241
Jun 2020014634.901.69$247
May 2020014016.921.81$254
Apr 2020013614.751.80$245
Mar 2020015030.341.86$278
Feb 2020016249.881.98$321
Jan 2020017157.252.09$358
Dec 2019014959.012.30$343
Nov 2019013155.302.75$360
Oct 2019014653.472.42$353
Sep 2019013855.052.66$367
Aug 2019015253.112.30$350
Jul 2019018056.272.46$443
Jun 2019014052.782.49$349
May 2019015458.482.74$422
Apr 2019015162.632.75$415
Mar 2019017256.803.06$527
Feb 2019014850.852.79$413
Jan 2019015746.033.23$507
Dec 2018018346.594.19$766
Nov 2018015652.934.24$661
Oct 2018013761.443.40$466
Sep 2018015859.543.11$491
Aug 2018016859.403.07$515
Jul 2018014865.142.93$434
Jun 2018015160.183.08$465
May 2018016665.382.90$482
Apr 2018015363.842.90$444
Mar 2018016161.222.79$449
Feb 2018014761.782.77$407
Jan 2018016962.874.01$678
Dec 2017016757.272.92$488
Nov 2017015155.423.12$471
Oct 2017016349.292.98$486
Sep 2017013947.523.09$429
Aug 2017013645.373.00$409
Jul 2017016043.873.09$494
Jun 2017015042.493.09$463
May 2017015145.373.26$493
Apr 2017014947.933.21$479
Mar 2017015446.772.98$459
Feb 2017013550.452.95$399
Jan 2017015049.413.42$513
Dec 2016015248.763.72$566
Nov 2016016242.492.64$428
Oct 2016015946.193.09$491
Sep 2016015841.553.10$490
Aug 2016015741.442.92$459
Jul 2016015741.622.92$459
Jun 2016015845.352.69$424
May 2016016142.521.99$321
Apr 2016015536.561.99$309
Mar 2016016333.011.79$292
Feb 2016014626.472.06$301
Jan 2016017027.352.36$402
Dec 2015017832.362.00$356
Nov 2015016138.792.17$349
Oct 2015017043.552.43$413
Sep 2015016642.992.76$458
Aug 2015017140.162.87$491
Jul 2015017848.152.95$524
Jun 2015016756.152.88$481
May 2015017555.212.96$517
Apr 2015016749.822.71$452
Mar 2015016642.892.93$487
Feb 2015015144.662.98$449
Jan 2015016543.433.10$512
Dec 2014018054.693.59$646
Nov 2014017270.464.25$731
Oct 2014019978.303.90$776
Sep 2014017986.164.05$724
Aug 2014019789.394.04$795
Jul 2014018696.564.18$777
Jun 2014019398.164.74$914
May 2014020094.734.73$945
Apr 2014018595.944.81$890
Mar 2014017495.895.06$880
Feb 2014016997.406.19$1,046
Jan 2014017790.404.86$860
Dec 2013018191.824.35$788
Nov 2013015888.853.74$591
Oct 2013016197.423.78$608
Sep 20130186104.113.72$692
Aug 20130193104.253.52$680
Jul 20130201102.523.72$747
Jun 2013018694.403.93$732
May 2013020094.834.15$830
Apr 2013018493.964.28$788
Mar 2013019593.623.91$763
Feb 2013017591.233.42$598
Jan 2013019491.603.42$663
Dec 2012019086.773.42$650
Nov 2012018686.953.62$674
Oct 2012020489.383.40$694
Sep 2012020394.672.92$592
Aug 2012021692.662.91$628
Jul 2012021985.133.02$662
Jun 2012018779.822.52$471
May 2012019091.612.49$473
Apr 20120197101.652.00$393
Mar 20120201105.052.22$447
Feb 20120186101.102.57$478
Jan 2012020198.092.73$550
Dec 2011021296.873.24$687
Nov 2011019695.723.31$649
Oct 2011029984.983.65$1,091
Sep 2011020683.623.99$821
Aug 2011019583.404.15$809
Jul 2011017894.144.52$804
Jun 2011017192.904.64$793
May 2011019698.134.40$863
Apr 20110226105.964.33$979
Mar 2011022296.364.06$901
Feb 2011018685.644.18$777
Jan 2011020786.504.59$950
Dec 2010022185.734.35$961
Nov 2010020480.843.80$774
Oct 2010021978.103.51$768
Sep 2010021672.633.98$860
Aug 2010021573.684.42$950
Jul 2010020472.554.74$966
Jun 2010021070.364.91$1,031
May 2010022671.124.24$957
Apr 2010019181.694.12$787
Mar 2010021378.394.39$935
Feb 2010018973.585.44$1,029
Jan 2010020974.365.96$1,246
Dec 2009020771.445.48$1,135
Nov 2009016474.593.75$615
Oct 2009023572.544.11$966
Sep 2009020265.543.06$619
Aug 2009015167.423.22$486
Jul 2009014061.133.46$485
Jun 2009014766.163.90$573
May 2009021654.743.93$848
Apr 2009026646.773.59$954
Mar 20090042.144.06$0
Feb 2009015132.814.63$700
Jan 2009024335.865.37$1,305
Dec 2008024937.105.98$1,488
Nov 2008024655.496.86$1,688
Oct 2008024975.246.92$1,724
Sep 20080246101.767.88$1,938
Aug 20080250114.228.48$2,121
Jul 20080394131.0811.39$4,487
Jun 20080235131.3313.03$3,063
May 20080249123.1711.57$2,882
Apr 20080253110.3110.45$2,645
Mar 20080260101.909.66$2,513
Feb 2008022792.538.77$1,991
Jan 2008025590.388.21$2,092
Dec 2007028188.337.30$2,052
Nov 2007012491.677.29$904
Oct 2007018682.856.92$1,287
Sep 2007024775.846.24$1,542
Aug 2007027169.066.39$1,731
Jul 2007029870.906.39$1,904
Jun 2007013962.007.55$1,049
May 2007028058.747.85$2,197
Apr 2007025659.617.81$1,998
Mar 2007029356.927.30$2,139
Feb 2007018055.108.22$1,479
Jan 2007043350.306.73$2,913
Dec 2006028056.656.92$1,937
Nov 2006026054.207.62$1,981
Oct 2006018254.906.01$1,095
Sep 200607560.085.04$378
Aug 2006022568.717.34$1,651
Jul 2006025069.376.34$1,586
Jun 2006026466.286.38$1,685
May 2006025666.016.42$1,645
Apr 2006029164.397.36$2,142
Mar 2006029556.707.08$2,089
Feb 2006020457.597.75$1,581
Jan 2006027160.598.93$2,421
Dec 2005027154.9413.42$3,636
Nov 2005025354.6910.59$2,679
Oct 2005026358.3413.80$3,628
Sep 2005027961.4512.08$3,370
Aug 2005029861.519.80$2,919
Jul 2005029355.697.84$2,298
Jun 2005028852.337.38$2,126
May 2005029545.226.65$1,962
Apr 2005028649.207.36$2,105
Mar 2005027250.377.15$1,946
Feb 2005023245.226.31$1,464
Jan 2005022143.166.32$1,397
Dec 2004027339.866.75$1,843
Nov 2004027545.286.33$1,741
Oct 2004028849.706.52$1,876
Sep 2004926843.245.28$1,805
Aug 2004029442.375.55$1,632
Jul 2004030238.286.08$1,837
Jun 2004028736.106.43$1,846
May 2004030337.486.49$1,968
Apr 2004029334.475.86$1,717
Mar 2004031034.365.53$1,714
Feb 2004028532.455.51$1,570
Jan 2004030232.036.30$1,902
Dec 2003028730.266.30$1,809
Nov 2003030428.804.60$1,397
Oct 2003032028.174.76$1,523
Sep 2003029926.314.75$1,420
Aug 2003031829.765.13$1,631
Jul 2003032629.415.17$1,686
Jun 2003028728.565.98$1,717
May 2003031626.595.97$1,887
Apr 2003033326.675.41$1,801
Mar 2003032831.146.10$2,000
Feb 2003027233.487.93$2,156
Jan 2003029930.315.58$1,669
Dec 2002033326.914.85$1,616
Nov 2002031524.664.14$1,303
Oct 2002034726.464.23$1,468
Sep 2002034527.443.64$1,254
Aug 2002035125.963.16$1,111
Jul 2002035724.583.06$1,093
Jun 2002036623.733.34$1,222
May 2002031024.663.58$1,111
Apr 2002034723.653.51$1,219
Mar 2002035822.003.10$1,111
Feb 2002033018.222.38$784
Jan 2002036117.172.38$858
Dec 2001034316.932.36$811
Nov 2001036118.072.41$868
Oct 2001036019.782.53$910
Sep 2001041524.262.25$934
Aug 2001033524.873.05$1,023
Jul 2001039323.933.20$1,256
Jun 2001034124.563.82$1,304
May 2001035525.524.31$1,529
Apr 2001036024.685.34$1,921
Mar 2001039624.545.38$2,129
Feb 2001038327.755.77$2,209
Jan 2001033327.478.40$2,797
Dec 2000048226.889.12$4,397
Nov 2000041832.215.66$2,365
Oct 2000044231.235.15$2,274
Sep 2000029831.875.19$1,546
Aug 2000039229.644.54$1,780
Jul 2000039728.534.09$1,624
Jun 2000039129.304.40$1,719
May 2000038927.263.68$1,431
Apr 2000039924.513.12$1,243
Mar 2000041628.422.86$1,190
Feb 2000039327.622.73$1,072
Jan 2000040925.272.48$1,015
Dec 1999041124.282.42$996
Nov 1999041723.192.43$1,015
Oct 1999041720.982.80$1,169
Sep 1999039321.752.62$1,029
Aug 1999043219.262.88$1,242
Jul 1999041117.892.37$975
Jun 1999043015.942.36$1,016
May 1999038415.792.32$891
Apr 1999042615.102.21$941
Mar 1999048112.471.84$884
Feb 199904559.981.82$827
Jan 1999050710.381.90$963
Dec 199804499.201.77$796
Nov 1998053110.892.19$1,161
Oct 1998046412.421.97$914
Sep 1998041412.592.08$862
Aug 1998044311.301.91$845
Jul 1998046311.742.24$1,036
Jun 1998042111.242.24$942
May 1998043312.622.21$955
Apr 1998043713.042.51$1,095
Mar 1998045112.802.31$1,042
Feb 1998047213.952.30$1,085
Jan 1998054914.702.15$1,183
Dec 1997054216.322.41$1,307
Nov 1997055418.193.09$1,711
Oct 1997054219.253.15$1,707
Sep 1997056217.742.95$1,661
Aug 1997061017.862.55$1,558
Jul 1997058017.582.25$1,303
Jun 1997046817.242.26$1,056
May 1997069418.972.31$1,602
Apr 1997062817.882.08$1,308
Mar 1997063918.951.94$1,239
Feb 1997043520.492.21$960
Jan 1997045023.483.54$1,593
Dec 1996043623.32—$0
Nov 1996043621.97—$0
Oct 1996040523.31—$0
Sep 1996040022.22—$0
Aug 1996041220.26—$0
Jul 1996041919.55—$0
Jun 1996042218.73—$0
May 1996040519.43—$0
Apr 1996047321.51—$0
Mar 1996045619.38—$0
Feb 1996043116.98—$0
Jan 1996046717.07—$0
Dec 1995048617.19—$0
Nov 1995043616.00—$0
Oct 1995046315.43—$0
Sep 1995044216.18—$0
Aug 1995049615.92—$0
Jul 1995048915.24—$0
Jun 1995047116.41—$0
May 1995047817.56—$0
Apr 1995049917.73—$0
Mar 1995050316.44—$0
Feb 1995046016.58—$0
Jan 1995050515.92—$0
Dec 1994051815.03—$0
Nov 1994049715.90—$0
Oct 1994052015.58—$0
Sep 1994050015.29—$0
Aug 1994039916.13—$0
Jul 1994051617.56—$0
Jun 19940017.09—$0
May 1994055315.88—$0
Apr 1994051414.14—$0
Mar 1994060612.46—$0
Feb 1994054112.50—$0
Jan 1994060012.66—$0
Dec 1993057312.33—$0
Nov 1993057314.49—$0
Oct 1993051515.85—$0
Sep 1993063715.03—$0
Aug 1993074815.66—$0
Jul 1993044215.46—$0
Jun 1993054316.79—$0
May 1993056917.68—$0
Apr 1993056818.05—$0
Mar 1993060418.14—$0
Feb 1993054217.90—$0
Jan 1993059416.93—$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
Condensate             0 bbl  × $106.41 =         $0
Gas                  118 Mcf  × $  3.05 =       $359

────────────────────────────────────────────────────
Month total                                     $359

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/26150 is the state's own key, not one this site invented.