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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 26151District 10Field 68826001NGPA filingCondensateGasSaveExport
Value, all time
$417 k
Jan 1993 – May 2026
Value, last 12 filed months
$3 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
CondensateDisposition4 bbl$173
GasProduction121,753 Mcf$416,580
Total$416,753

26,806 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 35.1305, -100.1693. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.13048, -100.16930 · 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
2,034 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 2,034 ft.

Completions filed
Jul 1958
1 of 1 wells

1 well

42-0878015432,034 ftJul 1958——

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202605389.753.15$167
Feb 202604863.503.75$180
Jan 202608059.138.00$640
Dec 202506556.664.41$287
Nov 202507258.593.93$283
Oct 202506459.383.30$212
Sep 202507562.743.08$231
Aug 202509163.933.01$274
Jul 202509466.743.32$312
Jun 202503466.483.13$106
May 2025010860.553.23$349
Apr 2025011362.363.54$400
Mar 2025012067.704.27$512
Feb 202508770.884.34$378
Jan 2025010274.324.28$436
Dec 2024010468.993.12$325
Nov 202408869.052.20$193
Oct 202407271.372.28$164
Sep 202407869.612.36$184
Aug 202409775.632.06$200
Jul 202409179.932.15$195
Jun 202408878.082.63$232
May 2024012578.812.20$275
Apr 202408384.451.66$138
Mar 202408480.301.55$130
Feb 2024010776.091.78$191
Jan 2024010773.023.30$353
Dec 2023011471.262.61$298
Nov 2023011677.892.81$326
Oct 2023010385.443.09$318
Sep 2023011089.042.74$301
Aug 2023012380.522.67$329
Jul 2023010774.852.64$283
Jun 202307368.962.26$165
May 2023010870.622.23$241
Apr 202308678.122.24$192
Mar 2023025672.852.39$613
Feb 202302175.112.47$52
Jan 2023012476.533.39$420
Dec 2022012276.415.73$699
Nov 2022010985.005.65$615
Oct 2022011187.185.86$651
Sep 202209684.888.16$784
Aug 2022012294.529.13$1,114
Jul 20220128101.587.54$965
Jun 20220129115.097.98$1,029
May 20220137109.378.43$1,155
Apr 20220131104.226.84$896
Mar 20220166108.885.08$843
Feb 2022013491.054.86$651
Jan 2022016181.844.54$731
Dec 2021014171.323.90$550
Nov 2021011777.435.24$613
Oct 2021014579.795.71$829
Sep 2021014169.865.35$754
Aug 2021014066.024.22$591
Jul 20210070.783.98$0
Jun 2021015469.493.38$521
May 2021017263.483.02$519
Apr 20210060.362.76$0
Mar 2021019261.302.72$522
Feb 2021016057.805.55$888
Jan 2021017050.412.81$478
Dec 2020016044.642.68$428
Nov 2020018738.772.71$506
Oct 2020015336.972.48$379
Sep 2020016437.091.99$327
Aug 2020013339.982.39$317
Jul 2020012038.371.83$219
Jun 2020016134.901.69$272
May 2020014716.921.81$267
Apr 2020014014.751.80$253
Mar 2020015930.341.86$295
Feb 2020014649.881.98$289
Jan 2020015457.252.09$323
Dec 2019016059.012.30$369
Nov 2019016155.302.75$443
Oct 2019016553.472.42$399
Sep 2019014555.052.66$385
Aug 2019017153.112.30$394
Jul 2019017256.272.46$423
Jun 2019017152.782.49$426
May 2019013658.482.74$373
Apr 2019013262.632.75$363
Mar 2019015256.803.06$465
Feb 2019014650.852.79$408
Jan 20190046.033.23$0
Dec 2018014946.594.19$624
Nov 2018014652.934.24$619
Oct 2018015861.443.40$537
Sep 2018016359.543.11$507
Aug 2018016859.403.07$515
Jul 2018015965.142.93$466
Jun 2018015360.183.08$471
May 2018016365.382.90$473
Apr 2018015263.842.90$441
Mar 2018017461.222.79$485
Feb 2018015661.782.77$432
Jan 2018016662.874.01$666
Dec 2017015757.272.92$459
Nov 2017015255.423.12$474
Oct 2017017149.292.98$510
Sep 2017016047.523.09$494
Aug 2017015945.373.00$478
Jul 2017018143.873.09$559
Jun 2017018242.493.09$562
May 2017016545.373.26$538
Apr 2017017347.933.21$556
Mar 2017018446.772.98$549
Feb 2017017050.452.95$502
Jan 2017019649.413.42$670
Dec 2016020048.763.72$745
Nov 2016020142.492.64$532
Oct 2016019946.193.09$615
Sep 2016019641.553.10$608
Aug 2016020441.442.92$597
Jul 2016020941.622.92$611
Jun 2016019045.352.69$510
May 2016019342.521.99$384
Apr 2016018836.561.99$374
Mar 2016020233.011.79$362
Feb 2016017826.472.06$367
Jan 2016019927.352.36$471
Dec 2015019132.362.00$382
Nov 2015018538.792.17$401
Oct 2015020143.552.43$488
Sep 2015020042.992.76$552
Aug 2015020140.162.87$577
Jul 2015021448.152.95$630
Jun 2015021056.152.88$605
May 2015021455.212.96$632
Apr 2015021149.822.71$571
Mar 2015021742.892.93$637
Feb 2015021944.662.98$652
Jan 2015022943.433.10$710
Dec 2014022854.693.59$819
Nov 2014022670.464.25$961
Oct 2014027278.303.90$1,061
Sep 2014023686.164.05$955
Aug 2014017489.394.04$702
Jul 2014017196.564.18$715
Jun 2014016998.164.74$801
May 2014018094.734.73$851
Apr 2014016595.944.81$794
Mar 2014016395.895.06$824
Feb 2014014297.406.19$879
Jan 2014017490.404.86$846
Dec 2013018191.824.35$788
Nov 2013017488.853.74$650
Oct 2013018097.423.78$680
Sep 20130183104.113.72$680
Aug 20130204104.253.52$719
Jul 20130223102.523.72$829
Jun 2013021494.403.93$842
May 2013022294.834.15$921
Apr 2013022593.964.28$964
Mar 2013024093.623.91$939
Feb 2013021291.233.42$725
Jan 2013023791.603.42$811
Dec 2012025486.773.42$869
Nov 2012026286.953.62$950
Oct 2012020389.383.40$690
Sep 2012023094.672.92$671
Aug 2012025292.662.91$733
Jul 2012025785.133.02$776
Jun 2012024579.822.52$617
May 2012023891.612.49$592
Apr 20120246101.652.00$491
Mar 20120247105.052.22$549
Feb 20120246101.102.57$632
Jan 2012026698.092.73$727
Dec 2011027196.873.24$878
Nov 2011025495.723.31$841
Oct 2011028184.983.65$1,025
Sep 2011027283.623.99$1,084
Aug 2011028083.404.15$1,162
Jul 2011028294.144.52$1,274
Jun 2011030192.904.64$1,397
May 2011026998.134.40$1,185
Apr 20110260105.964.33$1,127
Mar 2011027296.364.06$1,104
Feb 2011025985.644.18$1,083
Jan 2011027486.504.59$1,257
Dec 2010026285.734.35$1,139
Nov 2010024280.843.80$918
Oct 2010027978.103.51$979
Sep 2010027172.633.98$1,078
Aug 2010026473.684.42$1,167
Jul 2010028572.554.74$1,350
Jun 2010028170.364.91$1,380
May 2010029071.124.24$1,228
Apr 2010027581.694.12$1,134
Mar 2010028578.394.39$1,251
Feb 2010026373.585.44$1,431
Jan 2010028974.365.96$1,724
Dec 2009028871.445.48$1,579
Nov 2009027874.593.75$1,043
Oct 2009032172.544.11$1,319
Sep 2009028865.543.06$883
Aug 2009029667.423.22$953
Jul 2009027961.133.46$967
Jun 2009026966.163.90$1,048
May 2009031154.743.93$1,221
Apr 2009025446.773.59$911
Mar 2009026242.144.06$1,063
Feb 2009025332.814.63$1,172
Jan 2009030235.865.37$1,622
Dec 2008031737.105.98$1,895
Nov 2008027755.496.86$1,900
Oct 2008026275.246.92$1,814
Sep 20080294101.767.88$2,316
Aug 20080298114.228.48$2,528
Jul 20080278131.0811.39$3,166
Jun 20080291131.3313.03$3,793
May 20080290123.1711.57$3,357
Apr 20080288110.3110.45$3,011
Mar 20080293101.909.66$2,832
Feb 2008028392.538.77$2,482
Jan 2008031090.388.21$2,544
Dec 2007032188.337.30$2,344
Nov 2007030991.677.29$2,253
Oct 2007029382.856.92$2,028
Sep 2007033475.846.24$2,086
Aug 2007033769.066.39$2,153
Jul 2007035170.906.39$2,242
Jun 2007027762.007.55$2,091
May 2007033958.747.85$2,660
Apr 2007032759.617.81$2,552
Mar 2007034756.927.30$2,534
Feb 2007031855.108.22$2,613
Jan 2007036550.306.73$2,455
Dec 2006034956.656.92$2,415
Nov 2006034554.207.62$2,628
Oct 2006028954.906.01$1,738
Sep 2006027060.085.04$1,360
Aug 2006033468.717.34$2,452
Jul 2006034969.376.34$2,214
Jun 2006035266.286.38$2,247
May 2006033666.016.42$2,159
Apr 2006035464.397.36$2,606
Mar 2006036756.707.08$2,599
Feb 2006028657.597.75$2,217
Jan 2006034460.598.93$3,073
Dec 2005036454.9413.42$4,883
Nov 2005034754.6910.59$3,674
Oct 2005038258.3413.80$5,270
Sep 2005037161.4512.08$4,481
Aug 2005040461.519.80$3,958
Jul 2005038955.697.84$3,051
Jun 2005037852.337.38$2,790
May 2005038845.226.65$2,581
Apr 2005037949.207.36$2,790
Mar 2005035850.377.15$2,561
Feb 2005033545.226.31$2,114
Jan 2005033143.166.32$2,093
Dec 2004039039.866.75$2,633
Nov 2004038345.286.33$2,425
Oct 2004040949.706.52$2,665
Sep 2004440143.245.28$2,292
Aug 2004041442.375.55$2,298
Jul 2004041638.286.08$2,531
Jun 2004041336.106.43$2,657
May 2004041037.486.49$2,663
Apr 2004037534.475.86$2,197
Mar 2004038434.365.53$2,124
Feb 2004036032.455.51$1,983
Jan 2004037532.036.30$2,362
Dec 2003037230.266.30$2,344
Nov 2003037128.804.60$1,705
Oct 2003040428.174.76$1,923
Sep 2003040326.314.75$1,914
Aug 2003042729.765.13$2,190
Jul 2003043329.415.17$2,239
Jun 2003040228.565.98$2,405
May 2003042626.595.97$2,544
Apr 2003040426.675.41$2,185
Mar 2003041631.146.10$2,536
Feb 2003039033.487.93$3,091
Jan 2003041230.315.58$2,300
Dec 2002041426.914.85$2,009
Nov 2002039324.664.14$1,626
Oct 2002040826.464.23$1,725
Sep 2002040127.443.64$1,458
Aug 2002042525.963.16$1,345
Jul 2002041924.583.06$1,283
Jun 2002038623.733.34$1,289
May 2002038224.663.58$1,369
Apr 2002037423.653.51$1,314
Mar 2002039522.003.10$1,226
Feb 2002036018.222.38$855
Jan 2002039217.172.38$931
Dec 2001039616.932.36$936
Nov 2001038518.072.41$926
Oct 2001042219.782.53$1,067
Sep 2001043524.262.25$979
Aug 20010024.873.05$0
Jul 2001037823.933.20$1,209
Jun 2001040024.563.82$1,530
May 2001043125.524.31$1,856
Apr 2001041824.685.34$2,230
Mar 2001044524.545.38$2,393
Feb 2001039227.755.77$2,261
Jan 2001044227.478.40$3,712
Dec 2000046326.889.12$4,224
Nov 2000042832.215.66$2,422
Oct 2000046331.235.15$2,382
Sep 2000042231.875.19$2,189
Aug 2000045229.644.54$2,052
Jul 2000040728.534.09$1,665
Jun 2000045129.304.40$1,983
May 2000043227.263.68$1,590
Apr 2000041924.513.12$1,306
Mar 2000045328.422.86$1,295
Feb 2000041327.622.73$1,126
Jan 2000043225.272.48$1,072
Dec 1999046524.282.42$1,127
Nov 1999045923.192.43$1,117
Oct 1999047920.982.80$1,343
Sep 1999047721.752.62$1,249
Aug 1999051019.262.88$1,467
Jul 1999050817.892.37$1,205
Jun 1999048715.942.36$1,150
May 1999052015.792.32$1,207
Apr 1999049015.102.21$1,082
Mar 1999049612.471.84$912
Feb 199904359.981.82$791
Jan 1999051610.381.90$980
Dec 199805189.201.77$919
Nov 1998051010.892.19$1,115
Oct 1998052112.421.97$1,026
Sep 1998047512.592.08$989
Aug 1998053711.301.91$1,024
Jul 1998053911.742.24$1,206
Jun 1998050711.242.24$1,134
May 1998050412.622.21$1,112
Apr 1998048413.042.51$1,213
Mar 1998049612.802.31$1,145
Feb 1998047113.952.30$1,083
Jan 1998052714.702.15$1,136
Dec 1997052116.322.41$1,256
Nov 1997051518.193.09$1,590
Oct 1997052219.253.15$1,644
Sep 1997051917.742.95$1,534
Aug 1997056617.862.55$1,446
Jul 1997058417.582.25$1,312
Jun 1997047417.242.26$1,070
May 1997055318.972.31$1,277
Apr 1997051417.882.08$1,071
Mar 1997052818.951.94$1,024
Feb 1997047420.492.21$1,046
Jan 1997053323.483.54$1,887
Dec 1996053723.32—$0
Nov 1996052121.97—$0
Oct 1996052723.31—$0
Sep 1996051722.22—$0
Aug 1996054220.26—$0
Jul 1996054919.55—$0
Jun 1996054018.73—$0
May 1996056019.43—$0
Apr 1996054021.51—$0
Mar 1996054619.38—$0
Feb 1996051316.98—$0
Jan 1996052317.07—$0
Dec 1995055917.19—$0
Nov 1995053616.00—$0
Oct 1995056915.43—$0
Sep 1995056616.18—$0
Aug 1995060715.92—$0
Jul 1995060915.24—$0
Jun 1995057316.41—$0
May 1995049017.56—$0
Apr 1995031017.73—$0
Mar 1995058516.44—$0
Feb 1995052216.58—$0
Jan 1995056215.92—$0
Dec 1994056615.03—$0
Nov 1994055115.90—$0
Oct 1994059115.58—$0
Sep 1994061815.29—$0
Aug 1994055116.13—$0
Jul 1994061017.56—$0
Jun 19940017.09—$0
May 1994061115.88—$0
Apr 1994057514.14—$0
Mar 1994061212.46—$0
Feb 1994054712.50—$0
Jan 1994061212.66—$0
Dec 1993060612.33—$0
Nov 1993061914.49—$0
Oct 1993061015.85—$0
Sep 1993063315.03—$0
Aug 1993071715.66—$0
Jul 1993059215.46—$0
Jun 1993060116.79—$0
May 1993063517.68—$0
Apr 1993060518.05—$0
Mar 1993063518.14—$0
Feb 1993056317.90—$0
Jan 1993064316.93—$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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                   53 Mcf  × $  3.15 =       $167

────────────────────────────────────────────────────
Month total                                     $167

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/26151 is the state's own key, not one this site invented.