MAGNOLIA

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 26158District 10Field 68826001NGPA filingCondensateGasSaveExport
Value, all time
$645 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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
NGPA4none

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
CondensateDisposition68 bbl$3,077
GasProduction178,146 Mcf$642,336
Total$645,413

38,883 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 35.1618, -100.0054. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.16182, -100.00542 · 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
1,972 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 1,972 ft.

Completions filed
Dec 1957
1 of 1 wells

1 well

42-0878016111,972 ftDec 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202401180.301.55$17
Feb 202409976.091.78$177
Jan 2024033273.023.30$1,095
Dec 2023013971.262.61$363
Nov 2023015377.892.81$430
Oct 202304085.443.09$123
Sep 202304489.042.74$120
Aug 2023010280.522.67$273
Jul 2023010874.852.64$285
Jun 2023013068.962.26$294
May 2023014870.622.23$330
Apr 2023013278.122.24$295
Mar 2023012572.852.39$299
Feb 2023011275.112.47$276
Jan 2023014276.533.39$481
Dec 2022013676.415.73$779
Nov 2022013185.005.65$740
Oct 2022018987.185.86$1,108
Sep 202207984.888.16$645
Aug 2022015994.529.13$1,451
Jul 20220141101.587.54$1,063
Jun 20220155115.097.98$1,236
May 20220167109.378.43$1,408
Apr 20220210104.226.84$1,436
Mar 20220202108.885.08$1,025
Feb 2022014991.054.86$724
Jan 2022023081.844.54$1,044
Dec 2021019771.323.90$768
Nov 2021010577.435.24$550
Oct 2021022379.795.71$1,274
Sep 2021013969.865.35$744
Aug 2021012966.024.22$544
Jul 20210070.783.98$0
Jun 2021014769.493.38$497
May 2021015263.483.02$459
Apr 20210060.362.76$0
Mar 2021022061.302.72$598
Feb 2021019257.805.55$1,065
Jan 2021022050.412.81$618
Dec 2020019944.642.68$532
Nov 2020019038.772.71$514
Oct 2020016036.972.48$397
Sep 2020013337.091.99$265
Aug 2020015139.982.39$360
Jul 202007638.371.83$139
Jun 2020011434.901.69$193
May 2020011416.921.81$207
Apr 2020015214.751.80$274
Mar 2020017530.341.86$325
Feb 2020018049.881.98$357
Jan 2020016357.252.09$341
Dec 2019019959.012.30$459
Nov 2019016755.302.75$459
Oct 2019017453.472.42$421
Sep 2019014355.052.66$380
Aug 2019012953.112.30$297
Jul 20190056.272.46$0
Jun 201901752.782.49$42
May 2019029058.482.74$795
Apr 2019031862.632.75$875
Mar 2019036456.803.06$1,115
Feb 2019034050.852.79$949
Jan 2019035746.033.23$1,152
Dec 2018034746.594.19$1,452
Nov 2018029652.934.24$1,254
Oct 2018026461.443.40$897
Sep 2018032859.543.11$1,019
Aug 2018039359.403.07$1,205
Jul 2018038565.142.93$1,129
Jun 2018035360.183.08$1,086
May 2018017365.382.90$502
Apr 2018038163.842.90$1,105
Mar 2018037961.222.79$1,056
Feb 2018028761.782.77$794
Jan 2018039762.874.01$1,592
Dec 2017039657.272.92$1,157
Nov 2017031255.423.12$973
Oct 2017031449.292.98$937
Sep 2017028547.523.09$880
Aug 2017014145.373.00$424
Jul 2017039343.873.09$1,213
Jun 2017039742.493.09$1,226
May 2017038945.373.26$1,269
Apr 2017038447.933.21$1,233
Mar 2017040046.772.98$1,193
Feb 2017031150.452.95$918
Jan 2017025249.413.42$862
Dec 2016028748.763.72$1,068
Nov 2016023042.492.64$608
Oct 201607046.193.09$216
Sep 201603741.553.10$115
Aug 2016012041.442.92$351
Jul 2016029241.622.92$854
Jun 2016019945.352.69$534
May 201603642.521.99$72
Apr 201602836.561.99$56
Mar 201604033.011.79$72
Feb 201605426.472.06$111
Jan 2016014327.352.36$338
Dec 2015015132.362.00$302
Nov 2015018238.792.17$394
Oct 2015020143.552.43$488
Sep 2015013342.992.76$367
Aug 2015014840.162.87$425
Jul 2015014348.152.95$421
Jun 2015013156.152.88$378
May 2015010255.212.96$301
Apr 2015014949.822.71$403
Mar 2015021142.892.93$619
Feb 2015022044.662.98$655
Jan 2015020543.433.10$636
Dec 2014022254.693.59$797
Nov 2014017770.464.25$753
Oct 2014910878.303.90$1,126
Sep 201409186.164.05$368
Aug 2014015589.394.04$625
Jul 201406696.564.18$276
Jun 201408198.164.74$384
May 2014015694.734.73$737
Apr 2014021295.944.81$1,020
Mar 2014016495.895.06$829
Feb 2014014197.406.19$873
Jan 2014016490.404.86$797
Dec 2013017891.824.35$775
Nov 2013017188.853.74$639
Oct 2013025597.423.78$964
Sep 20130304104.113.72$1,130
Aug 20130197104.253.52$694
Jul 20130119102.523.72$442
Jun 2013029894.403.93$1,172
May 2013030294.834.15$1,253
Apr 2013027493.964.28$1,173
Mar 2013025293.623.91$986
Feb 2013030191.233.42$1,029
Jan 2013034591.603.42$1,180
Dec 2012034586.773.42$1,180
Nov 2012032086.953.62$1,160
Oct 2012038689.383.40$1,312
Sep 2012039294.672.92$1,144
Aug 2012041392.662.91$1,201
Jul 2012042485.133.02$1,281
Jun 2012040179.822.52$1,010
May 2012039891.612.49$990
Apr 20120381101.652.00$761
Mar 20120405105.052.22$900
Feb 20120349101.102.57$897
Jan 2012038598.092.73$1,053
Dec 2011039996.873.24$1,293
Nov 2011038195.723.31$1,262
Oct 2011041684.983.65$1,518
Sep 2011041083.623.99$1,634
Aug 2011043783.404.15$1,813
Jul 2011046694.144.52$2,105
Jun 2011041492.904.64$1,921
May 2011039798.134.40$1,749
Apr 20110399105.964.33$1,729
Mar 2011039996.364.06$1,619
Feb 2011033085.644.18$1,379
Jan 2011045986.504.59$2,106
Dec 2010045185.734.35$1,961
Nov 2010045380.843.80$1,719
Oct 2010046678.103.51$1,635
Sep 2010035172.633.98$1,397
Aug 2010029273.684.42$1,290
Jul 2010046372.554.74$2,193
Jun 2010046770.364.91$2,293
May 2010047271.124.24$1,999
Apr 2010049381.694.12$2,032
Mar 2010055978.394.39$2,453
Feb 2010042373.585.44$2,302
Jan 2010053674.365.96$3,197
Dec 2009055571.445.48$3,043
Nov 2009057874.593.75$2,168
Oct 2009044572.544.11$1,829
Sep 2009052365.543.06$1,603
Aug 2009037067.423.22$1,191
Jul 2009053861.133.46$1,864
Jun 2009044066.163.90$1,714
May 2009056054.743.93$2,198
Apr 2009042046.773.59$1,507
Mar 2009032242.144.06$1,307
Feb 20090032.814.63$0
Jan 200903335.865.37$177
Dec 2008031837.105.98$1,901
Nov 2008049155.496.86$3,368
Oct 2008055975.246.92$3,869
Sep 20080553101.767.88$4,356
Aug 20080559114.228.48$4,742
Jul 20080526131.0811.39$5,991
Jun 20080529131.3313.03$6,894
May 20080611123.1711.57$7,072
Apr 20080594110.3110.45$6,210
Mar 20080615101.909.66$5,943
Feb 2008060592.538.77$5,306
Jan 2008064090.388.21$5,252
Dec 2007066188.337.30$4,827
Nov 2007054991.677.29$4,003
Oct 2007062982.856.92$4,354
Sep 2007061975.846.24$3,865
Aug 2007070369.066.39$4,491
Jul 2007054570.906.39$3,481
Jun 2007012262.007.55$921
May 2007050058.747.85$3,923
Apr 2007062359.617.81$4,863
Mar 2007069456.927.30$5,068
Feb 2007046855.108.22$3,845
Jan 2007060350.306.73$4,056
Dec 2006061056.656.92$4,220
Nov 2006062354.207.62$4,746
Oct 2006066254.906.01$3,981
Sep 2006061460.085.04$3,093
Aug 2006066568.717.34$4,881
Jul 2006069369.376.34$4,396
Jun 2006070266.286.38$4,481
May 2006072866.016.42$4,677
Apr 2006076864.397.36$5,653
Mar 2006029756.707.08$2,104
Feb 2006024057.597.75$1,860
Jan 2006040160.598.93$3,582
Dec 2005063554.9413.42$8,519
Nov 2005066654.6910.59$7,052
Oct 2005070258.3413.80$9,685
Sep 2005070361.4512.08$8,492
Aug 2005070361.519.80$6,887
Jul 2005071855.697.84$5,632
Jun 2005063752.337.38$4,702
May 2005068745.226.65$4,569
Apr 2005071349.207.36$5,248
Mar 2005064650.377.15$4,622
Feb 2005062945.226.31$3,970
Jan 2005064243.166.32$4,059
Dec 2004071039.866.75$4,793
Nov 2004074145.286.33$4,691
Oct 2004081849.706.52$5,329
Sep 20042380943.245.28$5,269
Aug 2004091742.375.55$5,090
Jul 20043674638.286.08$5,917
Jun 2004037536.106.43$2,412
May 2004050437.486.49$3,273
Apr 2004063334.475.86$3,708
Mar 2004064634.365.53$3,572
Feb 2004063932.455.51$3,521
Jan 2004066632.036.30$4,196
Dec 2003053630.266.30$3,378
Nov 2003061128.804.60$2,808
Oct 2003065828.174.76$3,132
Sep 2003065526.314.75$3,111
Aug 2003068229.765.13$3,498
Jul 2003070229.415.17$3,630
Jun 2003075428.565.98$4,511
May 2003053226.595.97$3,177
Apr 2003053326.675.41$2,882
Mar 2003059031.146.10$3,597
Feb 2003048033.487.93$3,804
Jan 2003059730.315.58$3,332
Dec 2002050826.914.85$2,466
Nov 2002053624.664.14$2,217
Oct 2002060026.464.23$2,537
Sep 2002061427.443.64$2,232
Aug 2002063825.963.16$2,019
Jul 2002076324.583.06$2,336
Jun 2002066523.733.34$2,220
May 2002060024.663.58$2,150
Apr 2002052723.653.51$1,851
Mar 2002059522.003.10$1,846
Feb 2002048218.222.38$1,145
Jan 2002070417.172.38$1,672
Dec 2001076116.932.36$1,799
Nov 2001072418.072.41$1,742
Oct 2001075619.782.53$1,912
Sep 2001054324.262.25$1,222
Aug 2001059624.873.05$1,820
Jul 2001073123.933.20$2,337
Jun 2001074624.563.82$2,853
May 2001066025.524.31$2,843
Apr 2001064024.685.34$3,415
Mar 2001084324.545.38$4,532
Feb 2001069027.755.77$3,979
Jan 2001069127.478.40$5,804
Dec 2000081326.889.12$7,417
Nov 2000071432.215.66$4,040
Oct 2000083031.235.15$4,271
Sep 2000071831.875.19$3,724
Aug 2000078629.644.54$3,569
Jul 2000082128.534.09$3,358
Jun 2000083729.304.40$3,681
May 2000072827.263.68$2,679
Apr 2000077024.513.12$2,399
Mar 2000092828.422.86$2,654
Feb 2000082727.622.73$2,255
Jan 2000090925.272.48$2,255
Dec 1999089724.282.42$2,174
Nov 1999090123.192.43$2,193
Oct 1999093620.982.80$2,624
Sep 1999089121.752.62$2,333
Aug 1999098719.262.88$2,838
Jul 1999098417.892.37$2,334
Jun 1999090915.942.36$2,147
May 199901,02015.792.32$2,367
Apr 1999099815.102.21$2,204
Mar 199901,02612.471.84$1,886
Feb 199909879.981.82$1,794
Jan 199901,13010.381.90$2,147
Dec 199801,2239.201.77$2,169
Nov 1998098010.892.19$2,142
Oct 199801,18412.421.97$2,332
Sep 199801,25112.592.08$2,605
Aug 199801,35911.301.91$2,592
Jul 199801,49311.742.24$3,340
Jun 199801,00611.242.24$2,251
May 1998016512.622.21$364
Apr 19980013.042.51$0
Mar 1998016212.802.31$374
Feb 1998016213.952.30$372
Jan 1998026514.702.15$571
Dec 1997035916.322.41$866
Nov 1997032018.193.09$988
Oct 1997029719.253.15$936
Sep 1997019617.742.95$579
Aug 1997016417.862.55$419
Jul 1997012117.582.25$272
Jun 19970017.242.26$0
May 1997016218.972.31$374
Apr 1997028117.882.08$585
Mar 1997051918.951.94$1,006
Feb 1997046420.492.21$1,024
Jan 1997052423.483.54$1,855
Dec 1996057323.32$0
Nov 1996053421.97$0
Oct 1996065623.31$0
Sep 1996066222.22$0
Aug 1996066020.26$0
Jul 1996066619.55$0
Jun 1996061118.73$0
May 1996053819.43$0
Apr 1996058521.51$0
Mar 1996055519.38$0
Feb 1996053816.98$0
Jan 1996061517.07$0
Dec 1995064817.19$0
Nov 1995047616.00$0
Oct 1995072315.43$0
Sep 1995085316.18$0
Aug 1995072115.92$0
Jul 1995098515.24$0
Jun 1995085916.41$0
May 1995080217.56$0
Apr 1995093817.73$0
Mar 1995098916.44$0
Feb 1995089616.58$0
Jan 199501,00215.92$0
Dec 199401,01915.03$0
Nov 199401,01215.90$0
Oct 199401,05015.58$0
Sep 199401,02315.29$0
Aug 1994095516.13$0
Jul 1994096017.56$0
Jun 19940017.09$0
May 199401,08915.88$0
Apr 1994099414.14$0
Mar 199401,06112.46$0
Feb 1994096612.50$0
Jan 199401,08212.66$0
Dec 199301,10112.33$0
Nov 199301,11514.49$0
Oct 199301,13915.85$0
Sep 199301,09815.03$0
Aug 199301,14115.66$0
Jul 1993099915.46$0
Jun 1993033816.79$0
May 1993030417.68$0
Apr 1993054218.05$0
Mar 1993077518.14$0
Feb 1993096017.90$0
Jan 199301,07516.93$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 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.30 =         $0
Gas                   11 Mcf  × $  1.55 =        $17

────────────────────────────────────────────────────
Month total                                      $17

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/26158 is the state's own key, not one this site invented.