NICHOLSON

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 26208District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$139 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
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
GasProduction31,457 Mcf$138,902
Total$138,902

1,193 Mcf of this lease's gas, across 7 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 35.1718, -100.2595. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.17184, -100.25954 · 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
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.

Completions filed
Dec 1957
1 of 1 wells

1 well

42-087801981Dec 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 202685106.413.05$259
Apr 20267598.932.87$215
Mar 20268189.753.15$255
Feb 20266563.503.75$244
Jan 20267659.138.00$608
Dec 20256756.664.41$296
Nov 20256858.593.93$267
Oct 20256559.383.30$215
Sep 20255662.743.08$172
Aug 20254463.933.01$133
Jul 20253566.743.32$116
Jun 20251466.483.13$44
May 20253460.553.23$110
Apr 20252662.363.54$92
Mar 20254567.704.27$192
Feb 20253270.884.34$139
Jan 20254074.324.28$171
Dec 20243368.993.12$103
Nov 2024069.052.20$0
Oct 20244171.372.28$94
Sep 2024769.612.36$17
Aug 20243175.632.06$64
Jul 20241879.932.15$39
Jun 20241978.082.63$50
May 20243478.812.20$75
Apr 20242384.451.66$38
Mar 20243080.301.55$46
Feb 20242876.091.78$50
Jan 20249073.023.30$297
Dec 20234071.262.61$104
Nov 20233977.892.81$109
Oct 20232585.443.09$77
Sep 20231989.042.74$52
Aug 20231180.522.67$29
Jul 20233474.852.64$90
Jun 20236068.962.26$136
May 20233770.622.23$82
Apr 20232878.122.24$63
Mar 202310672.852.39$254
Feb 202313875.112.47$340
Jan 20233676.533.39$122
Dec 20223376.415.73$189
Nov 20222685.005.65$147
Oct 20223987.185.86$229
Sep 2022884.888.16$65
Aug 20221594.529.13$137
Jul 202230101.587.54$226
Jun 202240115.097.98$319
May 202244109.378.43$371
Apr 202247104.226.84$321
Mar 202247108.885.08$239
Feb 20224291.054.86$204
Jan 20225881.844.54$263
Dec 20215571.323.90$214
Nov 20213077.435.24$157
Oct 20216279.795.71$354
Sep 20213669.865.35$193
Aug 20213466.024.22$144
Jul 2021070.783.98$0
Jun 20214269.493.38$142
May 20214163.483.02$124
Apr 20214460.362.76$121
Mar 20215961.302.72$160
Feb 20216157.805.55$338
Jan 20215450.412.81$152
Dec 2020044.642.68$0
Nov 20206638.772.71$179
Oct 20204336.972.48$107
Sep 20203237.091.99$64
Aug 20202539.982.39$60
Jul 20202838.371.83$51
Jun 20203134.901.69$52
May 20203216.921.81$58
Apr 20204014.751.80$72
Mar 20203830.341.86$71
Feb 20204549.881.98$89
Jan 20201057.252.09$21
Dec 2019059.012.30$0
Nov 2019755.302.75$19
Oct 20191553.472.42$36
Sep 2019755.052.66$19
Aug 2019053.112.30$0
Jul 20195356.272.46$130
Jun 20191552.782.49$37
May 20192258.482.74$60
Apr 20192462.632.75$66
Mar 20193256.803.06$98
Feb 20193750.852.79$103
Jan 20193346.033.23$107
Dec 20182146.594.19$88
Nov 20183352.934.24$140
Oct 20183461.443.40$116
Sep 2018059.543.11$0
Aug 20183059.403.07$92
Jul 20185465.142.93$158
Jun 2018060.183.08$0
May 20181865.382.90$52
Apr 20182663.842.90$75
Mar 20183461.222.79$95
Feb 20183961.782.77$108
Jan 20182662.874.01$104
Dec 20174357.272.92$126
Nov 20173055.423.12$94
Oct 20172849.292.98$84
Sep 20173747.523.09$114
Aug 20173345.373.00$99
Jul 20173143.873.09$96
Jun 20173642.493.09$111
May 20174345.373.26$140
Apr 20173547.933.21$112
Mar 20173846.772.98$113
Feb 20173750.452.95$109
Jan 20175449.413.42$185
Dec 20165648.763.72$208
Nov 20165342.492.64$140
Oct 20164646.193.09$142
Sep 20164341.553.10$133
Aug 20163141.442.92$91
Jul 20164541.622.92$132
Jun 20164945.352.69$132
May 20165342.521.99$106
Apr 20168736.561.99$173
Mar 20164033.011.79$72
Feb 20162526.472.06$52
Jan 20164227.352.36$99
Dec 20155832.362.00$116
Nov 20154638.792.17$100
Oct 20154343.552.43$104
Sep 20154142.992.76$113
Aug 20153940.162.87$112
Jul 20154048.152.95$118
Jun 20154056.152.88$115
May 20154655.212.96$136
Apr 20154549.822.71$122
Mar 20155142.892.93$150
Feb 20155944.662.98$176
Jan 20157643.433.10$236
Dec 20149254.693.59$330
Nov 20148670.464.25$366
Oct 201412978.303.90$503
Sep 201412286.164.05$494
Aug 20147289.394.04$291
Jul 20141796.564.18$71
Jun 20141998.164.74$90
May 2014294.734.73$9
Apr 20146295.944.81$298
Mar 20144995.895.06$248
Feb 20144597.406.19$279
Jan 20148590.404.86$413
Dec 20139191.824.35$396
Nov 20139088.853.74$336
Oct 20139797.423.78$367
Sep 201384104.113.72$312
Aug 201384104.253.52$296
Jul 201383102.523.72$309
Jun 20136894.403.93$267
May 20139394.834.15$386
Apr 20138093.964.28$343
Mar 20136793.623.91$262
Feb 20136691.233.42$226
Jan 20135491.603.42$185
Dec 201210386.773.42$352
Nov 20127886.953.62$283
Oct 201213089.383.40$442
Sep 201212394.672.92$359
Aug 20128292.662.91$238
Jul 20121685.133.02$48
Jun 20128579.822.52$214
May 20127991.612.49$197
Apr 201288101.652.00$176
Mar 201285105.052.22$189
Feb 201293101.102.57$239
Jan 20129898.092.73$268
Dec 201110996.873.24$353
Nov 20118695.723.31$285
Oct 20119484.983.65$343
Sep 20119583.623.99$379
Aug 20118783.404.15$361
Jul 20117494.144.52$334
Jun 20117692.904.64$353
May 20115198.134.40$225
Apr 201178105.964.33$338
Mar 20119196.364.06$369
Feb 20117685.644.18$318
Jan 20119386.504.59$427
Dec 201010185.734.35$439
Nov 201010980.843.80$414
Oct 20109378.103.51$326
Sep 20107572.633.98$298
Aug 20109073.684.42$398
Jul 201010572.554.74$497
Jun 201012570.364.91$614
May 201013971.124.24$589
Apr 201015181.694.12$623
Mar 20108278.394.39$360
Feb 20108773.585.44$473
Jan 20109974.365.96$590
Dec 200911071.445.48$603
Nov 200910174.593.75$379
Oct 200910972.544.11$448
Sep 20098765.543.06$267
Aug 20097667.423.22$245
Jul 20099061.133.46$312
Jun 200910366.163.90$401
May 200912454.743.93$487
Apr 200911746.773.59$420
Mar 200913342.144.06$540
Feb 200910532.814.63$486
Jan 200914435.865.37$773
Dec 200815737.105.98$938
Nov 200811855.496.86$810
Oct 200814775.246.92$1,018
Sep 2008151101.767.88$1,189
Aug 2008177114.228.48$1,501
Jul 2008137131.0811.39$1,560
Jun 200898131.3313.03$1,277
May 2008102123.1711.57$1,181
Apr 2008108110.3110.45$1,129
Mar 2008106101.909.66$1,024
Feb 200811492.538.77$1,000
Jan 20089990.388.21$812
Dec 200712988.337.30$942
Nov 200711791.677.29$853
Oct 200710082.856.92$692
Sep 200712075.846.24$749
Aug 200710169.066.39$645
Jul 200712570.906.39$798
Jun 20075462.007.55$408
May 200711458.747.85$894
Apr 200711059.617.81$859
Mar 200714856.927.30$1,081
Feb 200713055.108.22$1,068
Jan 200718950.306.73$1,271
Dec 200621456.656.92$1,481
Nov 200626654.207.62$2,026
Oct 200614254.906.01$854
Sep 200612860.085.04$645
Aug 200613668.717.34$998
Jul 200614969.376.34$945
Jun 200614366.286.38$913
May 200610666.016.42$681
Apr 20069864.397.36$721
Mar 200613956.707.08$985
Feb 200612357.597.75$953
Jan 200616860.598.93$1,501
Dec 200522454.9413.42$3,005
Nov 200528954.6910.59$3,060
Oct 200521558.3413.80$2,966
Sep 200517361.4512.08$2,090
Aug 200511861.519.80$1,156
Jul 200512255.697.84$957
Jun 200513452.337.38$989
May 200511445.226.65$758
Apr 200512149.207.36$891
Mar 200510850.377.15$773
Feb 20057545.226.31$473
Jan 20056043.166.32$379
Dec 2004639.866.75$41
Nov 20044045.286.33$253
Oct 20046149.706.52$397
Sep 20046243.245.28$328
Aug 20046742.375.55$372
Jul 20046538.286.08$395
Jun 20047836.106.43$502
May 20049737.486.49$630
Apr 20049534.475.86$557
Mar 20049934.365.53$547
Feb 200411832.455.51$650
Jan 20045432.036.30$340
Dec 20037730.266.30$485
Nov 20038228.804.60$377
Oct 20038228.174.76$390
Sep 20039026.314.75$427
Aug 200311629.765.13$595
Jul 20037129.415.17$367
Jun 200310028.565.98$598
May 200310126.595.97$603
Apr 200312826.675.41$692
Mar 20038331.146.10$506
Feb 20038733.487.93$690
Jan 20039130.315.58$508
Dec 20027226.914.85$349
Nov 20027124.664.14$294
Oct 20028526.464.23$359
Sep 20027927.443.64$287
Aug 20029425.963.16$297
Jul 200212524.583.06$383
Jun 200210823.733.34$361
May 200211324.663.58$405
Apr 200212623.653.51$443
Mar 200211322.003.10$351
Feb 20029818.222.38$233
Jan 200213317.172.38$316
Dec 200113116.932.36$310
Nov 200110018.072.41$241
Oct 200113419.782.53$339
Sep 200110224.262.25$230
Aug 200110124.873.05$308
Jul 2001023.933.20$0
Jun 20018024.563.82$306
May 20018825.524.31$379
Apr 20019624.685.34$512
Mar 200116024.545.38$860
Feb 200110227.755.77$588
Jan 200114827.478.40$1,243
Dec 200015126.889.12$1,378
Nov 200013732.215.66$775
Oct 200016031.235.15$823
Sep 200013931.875.19$721
Aug 200012829.644.54$581
Jul 200013028.534.09$532
Jun 200012429.304.40$545
May 200012327.263.68$453
Apr 200011124.513.12$346
Mar 200010928.422.86$312
Feb 200011727.622.73$319
Jan 200013425.272.48$332
Dec 199914124.282.42$342
Nov 199913923.192.43$338
Oct 199911920.982.80$334
Sep 199913921.752.62$364
Aug 199914919.262.88$428
Jul 199911717.892.37$278
Jun 199910415.942.36$246
May 199911715.792.32$272
Apr 199914115.102.21$311
Mar 199914412.471.84$265
Feb 19991349.981.82$244
Jan 199916610.381.90$315
Dec 19981999.201.77$353
Nov 199820110.892.19$439
Oct 199819112.421.97$376
Sep 199815212.592.08$317
Aug 199816411.301.91$313
Jul 199813611.742.24$304
Jun 199814111.242.24$315
May 199820912.622.21$461
Apr 199818613.042.51$466
Mar 199822912.802.31$529
Feb 199821713.952.30$499
Jan 199819614.702.15$422
Dec 199721316.322.41$514
Nov 199723318.193.09$720
Oct 199724319.253.15$765
Sep 199727417.742.95$810
Aug 199727617.862.55$705
Jul 199722717.582.25$510
Jun 199712217.242.26$275
May 199715618.972.31$360
Apr 199711517.882.08$240
Mar 199712518.951.94$242
Feb 199713620.492.21$300
Jan 199713223.483.54$467
Dec 199614023.32$0
Nov 199616421.97$0
Oct 199615723.31$0
Sep 199616922.22$0
Aug 199614920.26$0
Jul 199619819.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996019.38$0
Feb 1996016.98$0
Jan 1996017.07$0
Dec 1995017.19$0
Nov 1995016.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 199321616.93$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/26208 is the state's own key, not one this site invented.