MARTIN

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 26162District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$533 k
Jan 1993 – May 2026
Value, last 12 filed months
$10 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
GasProduction152,235 Mcf$532,637
Total$532,637

28,035 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

42-483800321

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 2026224106.413.05$682
Apr 202620998.932.87$600
Mar 202622689.753.15$712
Feb 202620663.503.75$773
Jan 202621459.138.00$1,712
Dec 202521656.664.41$953
Nov 202521858.593.93$856
Oct 202524359.383.30$803
Sep 202520662.743.08$634
Aug 202521463.933.01$645
Jul 202523766.743.32$786
Jun 202523366.483.13$729
May 202525260.553.23$815
Apr 202523762.363.54$840
Mar 202523067.704.27$982
Feb 202520370.884.34$881
Jan 202523174.324.28$988
Dec 202423968.993.12$746
Nov 202423369.052.20$512
Oct 202424171.372.28$550
Sep 202424069.612.36$567
Aug 202425375.632.06$522
Jul 202425679.932.15$550
Jun 202423778.082.63$624
May 202428178.812.20$618
Apr 202422484.451.66$372
Mar 202423780.301.55$366
Feb 202422676.091.78$403
Jan 202422273.023.30$732
Dec 202324671.262.61$642
Nov 202324077.892.81$674
Oct 202324385.443.09$750
Sep 202325189.042.74$687
Aug 202326980.522.67$719
Jul 202325174.852.64$663
Jun 202326268.962.26$592
May 202324170.622.23$537
Apr 202320678.122.24$461
Mar 202335272.852.39$842
Feb 202335475.112.47$873
Jan 202322776.533.39$769
Dec 202222976.415.73$1,312
Nov 202223685.005.65$1,333
Oct 202227187.185.86$1,589
Sep 202224884.888.16$2,025
Aug 202225794.529.13$2,346
Jul 2022268101.587.54$2,021
Jun 2022251115.097.98$2,002
May 2022280109.378.43$2,361
Apr 2022246104.226.84$1,682
Mar 2022273108.885.08$1,386
Feb 202223491.054.86$1,137
Jan 202225081.844.54$1,134
Dec 202126271.323.90$1,022
Nov 202127877.435.24$1,456
Oct 202125379.795.71$1,446
Sep 202125469.865.35$1,359
Aug 202126866.024.22$1,131
Jul 2021070.783.98$0
Jun 202125869.493.38$872
May 202128263.483.02$851
Apr 2021060.362.76$0
Mar 202128361.302.72$769
Feb 202121557.805.55$1,193
Jan 202127450.412.81$770
Dec 202026344.642.68$704
Nov 202028738.772.71$777
Oct 202025036.972.48$620
Sep 202026537.091.99$528
Aug 202026439.982.39$630
Jul 202025238.371.83$460
Jun 202025634.901.69$433
May 202026516.921.81$481
Apr 202025814.751.80$466
Mar 202027430.341.86$509
Feb 202023849.881.98$471
Jan 202024157.252.09$505
Dec 201926359.012.30$606
Nov 201925655.302.75$704
Oct 201926853.472.42$648
Sep 201926255.052.66$696
Aug 201928953.112.30$666
Jul 201929256.272.46$718
Jun 201924452.782.49$608
May 201926158.482.74$715
Apr 201925962.632.75$712
Mar 201925856.803.06$790
Feb 201924650.852.79$687
Jan 201924246.033.23$781
Dec 201825246.594.19$1,055
Nov 201825952.934.24$1,097
Oct 201824861.443.40$843
Sep 201826459.543.11$821
Aug 201827359.403.07$837
Jul 201827865.142.93$815
Jun 201826660.183.08$818
May 201828265.382.90$818
Apr 201826563.842.90$769
Mar 201827461.222.79$764
Feb 201823861.782.77$658
Jan 201827062.874.01$1,083
Dec 201725957.272.92$757
Nov 201728255.423.12$879
Oct 201727849.292.98$829
Sep 201726747.523.09$824
Aug 201727445.373.00$823
Jul 201728243.873.09$871
Jun 201728542.493.09$880
May 201728845.373.26$940
Apr 201726747.933.21$858
Mar 201727246.772.98$812
Feb 201724050.452.95$709
Jan 201729249.413.42$998
Dec 201629248.763.72$1,087
Nov 201627642.492.64$730
Oct 201628946.193.09$893
Sep 201630241.553.10$936
Aug 201629641.442.92$866
Jul 201631541.622.92$921
Jun 201628545.352.69$765
May 201632842.521.99$653
Apr 201627436.561.99$546
Mar 201630433.011.79$545
Feb 201628726.472.06$592
Jan 201630627.352.36$723
Dec 201528632.362.00$572
Nov 201527238.792.17$590
Oct 201530343.552.43$735
Sep 201530442.992.76$839
Aug 201530940.162.87$888
Jul 201532148.152.95$945
Jun 201531156.152.88$897
May 201531755.212.96$937
Apr 201530149.822.71$815
Mar 201530042.892.93$880
Feb 201527344.662.98$813
Jan 201530243.433.10$936
Dec 201431454.693.59$1,128
Nov 201427170.464.25$1,152
Oct 201431578.303.90$1,229
Sep 201430486.164.05$1,230
Aug 201431589.394.04$1,271
Jul 201431896.564.18$1,329
Jun 201432198.164.74$1,521
May 201428294.734.73$1,333
Apr 201430595.944.81$1,467
Mar 201430795.895.06$1,552
Feb 201428197.406.19$1,740
Jan 201432190.404.86$1,560
Dec 201328691.824.35$1,245
Nov 201331188.853.74$1,163
Oct 201331197.423.78$1,175
Sep 2013314104.113.72$1,167
Aug 2013312104.253.52$1,099
Jul 2013332102.523.72$1,234
Jun 201331494.403.93$1,235
May 201331394.834.15$1,299
Apr 201329993.964.28$1,280
Mar 201332093.623.91$1,252
Feb 201330191.233.42$1,029
Jan 201330091.603.42$1,026
Dec 201232986.773.42$1,125
Nov 201229886.953.62$1,080
Oct 201231789.383.40$1,078
Sep 201229594.672.92$861
Aug 201230992.662.91$899
Jul 201232385.133.02$976
Jun 201231779.822.52$799
May 201232991.612.49$819
Apr 2012318101.652.00$635
Mar 2012317105.052.22$704
Feb 2012303101.102.57$779
Jan 201230198.092.73$823
Dec 201132296.873.24$1,043
Nov 201132595.723.31$1,076
Oct 201134384.983.65$1,251
Sep 201132783.623.99$1,303
Aug 201132283.404.15$1,336
Jul 201132694.144.52$1,473
Jun 201132192.904.64$1,489
May 201133998.134.40$1,493
Apr 2011340105.964.33$1,473
Mar 201135496.364.06$1,436
Feb 201130785.644.18$1,283
Jan 201132486.504.59$1,487
Dec 201031085.734.35$1,348
Nov 201027180.843.80$1,029
Oct 201028978.103.51$1,014
Sep 201026172.633.98$1,039
Aug 201028973.684.42$1,277
Jul 201033072.554.74$1,563
Jun 201030670.364.91$1,503
May 201031371.124.24$1,326
Apr 201031181.694.12$1,282
Mar 201032078.394.39$1,404
Feb 201030073.585.44$1,633
Jan 201033474.365.96$1,992
Dec 200934771.445.48$1,903
Nov 200930574.593.75$1,144
Oct 200936872.544.11$1,513
Sep 200935665.543.06$1,091
Aug 200935167.423.22$1,130
Jul 200930861.133.46$1,067
Jun 200926366.163.90$1,024
May 200937354.743.93$1,464
Apr 200934246.773.59$1,227
Mar 200936042.144.06$1,461
Feb 200933332.814.63$1,543
Jan 200936635.865.37$1,966
Dec 200836337.105.98$2,170
Nov 200836355.496.86$2,490
Oct 200840075.246.92$2,769
Sep 2008399101.767.88$3,143
Aug 2008409114.228.48$3,470
Jul 2008387131.0811.39$4,408
Jun 2008382131.3313.03$4,978
May 2008401123.1711.57$4,641
Apr 2008397110.3110.45$4,151
Mar 2008407101.909.66$3,933
Feb 200837892.538.77$3,315
Jan 200839590.388.21$3,241
Dec 200741088.337.30$2,994
Nov 200732491.677.29$2,363
Oct 200736882.856.92$2,547
Sep 200739675.846.24$2,473
Aug 200740769.066.39$2,600
Jul 200744770.906.39$2,855
Jun 200721262.007.55$1,600
May 200737458.747.85$2,935
Apr 200737359.617.81$2,911
Mar 200739756.927.30$2,899
Feb 200728255.108.22$2,317
Jan 200738050.306.73$2,556
Dec 200641056.656.92$2,837
Nov 200640754.207.62$3,100
Oct 200635654.906.01$2,141
Sep 200622460.085.04$1,128
Aug 200639168.717.34$2,870
Jul 200640469.376.34$2,562
Jun 200640366.286.38$2,573
May 200634666.016.42$2,223
Apr 200638964.397.36$2,863
Mar 200641556.707.08$2,939
Feb 200632457.597.75$2,511
Jan 200640760.598.93$3,636
Dec 200541554.9413.42$5,567
Nov 200540754.6910.59$4,309
Oct 200545558.3413.80$6,277
Sep 200539261.4512.08$4,735
Aug 200541061.519.80$4,017
Jul 200542355.697.84$3,318
Jun 200542852.337.38$3,159
May 200544445.226.65$2,953
Apr 200545749.207.36$3,364
Mar 200540250.377.15$2,876
Feb 200534345.226.31$2,165
Jan 200534143.166.32$2,156
Dec 200441539.866.75$2,802
Nov 200446245.286.33$2,925
Oct 200445449.706.52$2,958
Sep 200443543.245.28$2,299
Aug 200446142.375.55$2,559
Jul 200442838.286.08$2,604
Jun 200443836.106.43$2,818
May 200443537.486.49$2,825
Apr 200441834.475.86$2,449
Mar 200445434.365.53$2,511
Feb 200441732.455.51$2,298
Jan 200443232.036.30$2,721
Dec 200343430.266.30$2,735
Nov 200345628.804.60$2,095
Oct 200342628.174.76$2,028
Sep 200344326.314.75$2,104
Aug 200344929.765.13$2,303
Jul 200346429.415.17$2,399
Jun 200344528.565.98$2,662
May 200346326.595.97$2,765
Apr 200344926.675.41$2,428
Mar 200346831.146.10$2,853
Feb 200340733.487.93$3,226
Jan 200344730.315.58$2,495
Dec 200245826.914.85$2,223
Nov 200242924.664.14$1,775
Oct 200249926.464.23$2,110
Sep 200248227.443.64$1,752
Aug 200248525.963.16$1,535
Jul 200250724.583.06$1,552
Jun 200248723.733.34$1,626
May 200248824.663.58$1,749
Apr 200243623.653.51$1,531
Mar 200247722.003.10$1,480
Feb 200242718.222.38$1,014
Jan 200247417.172.38$1,126
Dec 200147716.932.36$1,128
Nov 200145818.072.41$1,102
Oct 200150019.782.53$1,264
Sep 200150324.262.25$1,132
Aug 200144424.873.05$1,356
Jul 200148223.933.20$1,541
Jun 200147524.563.82$1,816
May 200151225.524.31$2,205
Apr 200147524.685.34$2,534
Mar 200150424.545.38$2,710
Feb 200141627.755.77$2,399
Jan 200149127.478.40$4,124
Dec 200049826.889.12$4,543
Nov 200048932.215.66$2,767
Oct 200053031.235.15$2,727
Sep 200049631.875.19$2,573
Aug 200053329.644.54$2,420
Jul 200051428.534.09$2,102
Jun 200052529.304.40$2,309
May 200037527.263.68$1,380
Apr 200047224.513.12$1,471
Mar 200052028.422.86$1,487
Feb 200049027.622.73$1,336
Jan 200052925.272.48$1,312
Dec 199951624.282.42$1,251
Nov 199952123.192.43$1,268
Oct 199951820.982.80$1,452
Sep 199953121.752.62$1,391
Aug 199955419.262.88$1,593
Jul 199954617.892.37$1,295
Jun 199952915.942.36$1,250
May 199954115.792.32$1,256
Apr 199952015.102.21$1,148
Mar 199953112.471.84$976
Feb 19994729.981.82$858
Jan 199953810.381.90$1,022
Dec 19985499.201.77$974
Nov 199857810.892.19$1,263
Oct 199857612.421.97$1,134
Sep 199855012.592.08$1,145
Aug 199857811.301.91$1,102
Jul 199858811.742.24$1,316
Jun 199857011.242.24$1,275
May 199854312.622.21$1,198
Apr 199853713.042.51$1,345
Mar 199853712.802.31$1,240
Feb 199849513.952.30$1,138
Jan 199856114.702.15$1,209
Dec 199755516.322.41$1,338
Nov 199756018.193.09$1,729
Oct 199757019.253.15$1,795
Sep 199757717.742.95$1,705
Aug 199748117.862.55$1,229
Jul 199758517.582.25$1,314
Jun 199759517.242.26$1,343
May 199763418.972.31$1,464
Apr 199745617.882.08$950
Mar 199759118.951.94$1,146
Feb 199753220.492.21$1,174
Jan 199754423.483.54$1,926
Dec 199656623.32$0
Nov 199658321.97$0
Oct 199659923.31$0
Sep 199659822.22$0
Aug 199662620.26$0
Jul 199663919.55$0
Jun 199664118.73$0
May 199662419.43$0
Apr 199664421.51$0
Mar 199661219.38$0
Feb 199654016.98$0
Jan 199659917.07$0
Dec 199565217.19$0
Nov 199564116.00$0
Oct 199568415.43$0
Sep 199565216.18$0
Aug 199571015.92$0
Jul 199573215.24$0
Jun 199565916.41$0
May 199568917.56$0
Apr 199570217.73$0
Mar 199572216.44$0
Feb 199566216.58$0
Jan 199573615.92$0
Dec 199468215.03$0
Nov 199468515.90$0
Oct 199469315.58$0
Sep 199468015.29$0
Aug 199458516.13$0
Jul 199472617.56$0
Jun 1994017.09$0
May 199476215.88$0
Apr 199463814.14$0
Mar 199477112.46$0
Feb 199454612.50$0
Jan 199413912.66$0
Dec 199318512.33$0
Nov 199326414.49$0
Oct 199325715.85$0
Sep 199349615.03$0
Aug 199354415.66$0
Jul 199355215.46$0
Jun 199354516.79$0
May 199354517.68$0
Apr 199353618.05$0
Mar 199354618.14$0
Feb 199353317.90$0
Jan 199361316.93$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                  224 Mcf  × $  3.05 =       $682

────────────────────────────────────────────────────
Month total                                     $682

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/26162 is the state's own key, not one this site invented.