NICHOLSON -B-

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 26211District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$527 k
Jan 1993 – May 2026
Value, last 12 filed months
$8 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
GasProduction158,772 Mcf$526,654
Total$526,654

34,453 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

42-483800391

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 2026201106.413.05$612
Apr 202615198.932.87$433
Mar 202617589.753.15$551
Feb 202619463.503.75$728
Jan 202621259.138.00$1,696
Dec 202520156.664.41$887
Nov 202519158.593.93$750
Oct 202521459.383.30$707
Sep 202516562.743.08$508
Aug 202515163.933.01$455
Jul 202517966.743.32$593
Jun 202516966.483.13$529
May 202518060.553.23$582
Apr 202517462.363.54$617
Mar 202519167.704.27$815
Feb 202519470.884.34$842
Jan 202521974.324.28$937
Dec 202419868.993.12$618
Nov 202419569.052.20$429
Oct 202420671.372.28$470
Sep 202417869.612.36$421
Aug 202420175.632.06$415
Jul 202420579.932.15$440
Jun 202418178.082.63$477
May 202420978.812.20$459
Apr 202414684.451.66$242
Mar 202417580.301.55$270
Feb 202417776.091.78$316
Jan 202425773.023.30$848
Dec 202320171.262.61$525
Nov 202319877.892.81$556
Oct 202318485.443.09$568
Sep 202320289.042.74$552
Aug 202321780.522.67$580
Jul 202319674.852.64$518
Jun 202320768.962.26$468
May 202317570.622.23$390
Apr 202315678.122.24$349
Mar 202321872.852.39$522
Feb 202318075.112.47$444
Jan 202320076.533.39$678
Dec 202222576.415.73$1,289
Nov 202221485.005.65$1,208
Oct 202222587.185.86$1,319
Sep 202220584.888.16$1,674
Aug 202222894.529.13$2,081
Jul 2022231101.587.54$1,742
Jun 2022219115.097.98$1,747
May 2022233109.378.43$1,965
Apr 2022223104.226.84$1,525
Mar 2022241108.885.08$1,223
Feb 202222791.054.86$1,103
Jan 202226081.844.54$1,180
Dec 202125071.323.90$975
Nov 202123177.435.24$1,210
Oct 202123879.795.71$1,360
Sep 202121769.865.35$1,161
Aug 202124166.024.22$1,017
Jul 2021070.783.98$0
Jun 202122669.493.38$764
May 202124263.483.02$730
Apr 2021060.362.76$0
Mar 202125861.302.72$701
Feb 202116557.805.55$915
Jan 202125250.412.81$708
Dec 202024544.642.68$655
Nov 202027138.772.71$733
Oct 202025136.972.48$622
Sep 202023437.091.99$466
Aug 202024339.982.39$580
Jul 202024038.371.83$438
Jun 202023334.901.69$394
May 202022516.921.81$408
Apr 202021614.751.80$390
Mar 202022230.341.86$412
Feb 202022249.881.98$440
Jan 202022657.252.09$473
Dec 201924559.012.30$565
Nov 201923355.302.75$641
Oct 201924553.472.42$593
Sep 201924055.052.66$638
Aug 201925553.112.30$588
Jul 201926256.272.46$645
Jun 201923652.782.49$588
May 201924358.482.74$666
Apr 201922662.632.75$622
Mar 201925056.803.06$766
Feb 201924950.852.79$695
Jan 201923946.033.23$772
Dec 201824046.594.19$1,005
Nov 201825452.934.24$1,076
Oct 201822561.443.40$765
Sep 201824259.543.11$752
Aug 201826559.403.07$813
Jul 201826065.142.93$762
Jun 201824860.183.08$763
May 201824265.382.90$702
Apr 201824463.842.90$708
Mar 201826261.222.79$730
Feb 201821561.782.77$595
Jan 201826162.874.01$1,046
Dec 201726657.272.92$777
Nov 201725455.423.12$792
Oct 201725349.292.98$755
Sep 201721747.523.09$670
Aug 201721245.373.00$637
Jul 201726243.873.09$809
Jun 201725042.493.09$772
May 201725045.373.26$816
Apr 201724047.933.21$771
Mar 201724146.772.98$719
Feb 201721950.452.95$647
Jan 201725949.413.42$885
Dec 201627148.763.72$1,009
Nov 201625342.492.64$669
Oct 201626446.193.09$816
Sep 201626041.553.10$806
Aug 201626441.442.92$772
Jul 201626241.622.92$766
Jun 201624245.352.69$650
May 201624142.521.99$480
Apr 201622936.561.99$456
Mar 201624633.011.79$441
Feb 201625026.472.06$516
Jan 201625127.352.36$593
Dec 201529432.362.00$588
Nov 201526638.792.17$577
Oct 201528143.552.43$682
Sep 201527842.992.76$767
Aug 201527140.162.87$778
Jul 201528148.152.95$828
Jun 201527056.152.88$778
May 201526255.212.96$774
Apr 201525949.822.71$701
Mar 201532142.892.93$942
Feb 201530644.662.98$911
Jan 201530343.433.10$939
Dec 201429854.693.59$1,070
Nov 201429870.464.25$1,267
Oct 201431278.303.90$1,217
Sep 201429586.164.05$1,193
Aug 201431789.394.04$1,279
Jul 201430996.564.18$1,292
Jun 201430698.164.74$1,449
May 201430694.734.73$1,446
Apr 201426695.944.81$1,279
Mar 201429595.895.06$1,492
Feb 201428197.406.19$1,740
Jan 201429590.404.86$1,434
Dec 201332091.824.35$1,393
Nov 201328588.853.74$1,065
Oct 201328297.423.78$1,066
Sep 2013294104.113.72$1,093
Aug 2013306104.253.52$1,078
Jul 2013318102.523.72$1,182
Jun 201330294.403.93$1,188
May 201329694.834.15$1,228
Apr 201328893.964.28$1,233
Mar 201331493.623.91$1,229
Feb 201326991.233.42$920
Jan 201330991.603.42$1,057
Dec 201230286.773.42$1,033
Nov 201228986.953.62$1,048
Oct 201230989.383.40$1,051
Sep 201230594.672.92$890
Aug 201231692.662.91$919
Jul 201232485.133.02$979
Jun 201228279.822.52$710
May 201228991.612.49$719
Apr 2012286101.652.00$571
Mar 2012303105.052.22$673
Feb 2012286101.102.57$735
Jan 201230898.092.73$842
Dec 201131096.873.24$1,004
Nov 201129795.723.31$983
Oct 201131284.983.65$1,138
Sep 201130283.623.99$1,204
Aug 201129983.404.15$1,241
Jul 201129394.144.52$1,324
Jun 201129292.904.64$1,355
May 201130798.134.40$1,352
Apr 2011301105.964.33$1,304
Mar 201130396.364.06$1,229
Feb 201128585.644.18$1,191
Jan 201130386.504.59$1,390
Dec 201032085.734.35$1,391
Nov 201029780.843.80$1,127
Oct 201030778.103.51$1,077
Sep 201030372.633.98$1,206
Aug 201030173.684.42$1,330
Jul 201031872.554.74$1,506
Jun 201030770.364.91$1,507
May 201030271.124.24$1,279
Apr 201028581.694.12$1,175
Mar 201032378.394.39$1,418
Feb 201031473.585.44$1,709
Jan 201036074.365.96$2,147
Dec 200940971.445.48$2,243
Nov 200936274.593.75$1,358
Oct 200940772.544.11$1,673
Sep 200940765.543.06$1,247
Aug 200936067.423.22$1,159
Jul 200932161.133.46$1,112
Jun 200932266.163.90$1,254
May 200937854.743.93$1,484
Apr 200934346.773.59$1,231
Mar 200936042.144.06$1,461
Feb 200934732.814.63$1,608
Jan 200940935.865.37$2,197
Dec 200839637.105.98$2,367
Nov 200835855.496.86$2,456
Oct 200837675.246.92$2,603
Sep 2008365101.767.88$2,875
Aug 2008365114.228.48$3,096
Jul 2008297131.0811.39$3,383
Jun 2008296131.3313.03$3,858
May 2008333123.1711.57$3,854
Apr 2008379110.3110.45$3,962
Mar 2008379101.909.66$3,663
Feb 200837592.538.77$3,289
Jan 200840890.388.21$3,348
Dec 200744588.337.30$3,249
Nov 200724491.677.29$1,779
Oct 200734182.856.92$2,360
Sep 200735775.846.24$2,229
Aug 200737269.066.39$2,376
Jul 200737370.906.39$2,383
Jun 200718462.007.55$1,389
May 200732858.747.85$2,574
Apr 200734959.617.81$2,724
Mar 200739656.927.30$2,892
Feb 200717655.108.22$1,446
Jan 200735950.306.73$2,415
Dec 200641756.656.92$2,885
Nov 200641554.207.62$3,161
Oct 200634354.906.01$2,063
Sep 200626160.085.04$1,315
Aug 200635268.717.34$2,584
Jul 200639269.376.34$2,486
Jun 200635366.286.38$2,254
May 200635766.016.42$2,294
Apr 200638164.397.36$2,804
Mar 200641256.707.08$2,918
Feb 200632357.597.75$2,504
Jan 200639760.598.93$3,547
Dec 200541254.9413.42$5,527
Nov 200539254.6910.59$4,151
Oct 200540258.3413.80$5,546
Sep 200541061.4512.08$4,952
Aug 200544061.519.80$4,311
Jul 200542155.697.84$3,302
Jun 200541652.337.38$3,071
May 200539945.226.65$2,654
Apr 200540949.207.36$3,010
Mar 200537750.377.15$2,697
Feb 200531845.226.31$2,007
Jan 200531943.166.32$2,017
Dec 200441439.866.75$2,795
Nov 200442445.286.33$2,684
Oct 200442649.706.52$2,775
Sep 200441543.245.28$2,193
Aug 200443842.375.55$2,431
Jul 200443738.286.08$2,659
Jun 200443636.106.43$2,805
May 200442837.486.49$2,780
Apr 200439934.475.86$2,338
Mar 200442034.365.53$2,323
Feb 200442732.455.51$2,353
Jan 200446932.036.30$2,955
Dec 200346930.266.30$2,955
Nov 200344228.804.60$2,031
Oct 200347728.174.76$2,270
Sep 200346826.314.75$2,223
Aug 200349129.765.13$2,519
Jul 200350029.415.17$2,585
Jun 200349528.565.98$2,962
May 200349126.595.97$2,933
Apr 200343826.675.41$2,368
Mar 200347931.146.10$2,920
Feb 200339833.487.93$3,155
Jan 200345730.315.58$2,551
Dec 200248526.914.85$2,354
Nov 200245324.664.14$1,874
Oct 200250826.464.23$2,148
Sep 200249427.443.64$1,796
Aug 200251225.963.16$1,620
Jul 200251724.583.06$1,583
Jun 200249623.733.34$1,656
May 200250024.663.58$1,792
Apr 200245423.653.51$1,595
Mar 200251222.003.10$1,589
Feb 200248218.222.38$1,145
Jan 200251517.172.38$1,223
Dec 200152416.932.36$1,239
Nov 200152818.072.41$1,270
Oct 200152619.782.53$1,330
Sep 200154524.262.25$1,227
Aug 200148824.873.05$1,490
Jul 200153323.933.20$1,704
Jun 200135624.563.82$1,361
May 200137425.524.31$1,611
Apr 200150124.685.34$2,673
Mar 200160324.545.38$3,242
Feb 200153727.755.77$3,097
Jan 200161827.478.40$5,190
Dec 200061926.889.12$5,647
Nov 200060532.215.66$3,423
Oct 200062831.235.15$3,231
Sep 200046331.875.19$2,401
Aug 200057229.644.54$2,597
Jul 200062028.534.09$2,536
Jun 200062929.304.40$2,766
May 200053927.263.68$1,983
Apr 200055924.513.12$1,742
Mar 200056928.422.86$1,627
Feb 200057527.622.73$1,568
Jan 200062825.272.48$1,558
Dec 199962624.282.42$1,517
Nov 199957623.192.43$1,402
Oct 199957520.982.80$1,612
Sep 199954321.752.62$1,422
Aug 199959919.262.88$1,722
Jul 199961817.892.37$1,466
Jun 199961215.942.36$1,446
May 199966115.792.32$1,534
Apr 199966315.102.21$1,464
Mar 199969912.471.84$1,285
Feb 19995889.981.82$1,069
Jan 199966210.381.90$1,258
Dec 19986499.201.77$1,151
Nov 199866110.892.19$1,445
Oct 199863212.421.97$1,245
Sep 199864612.592.08$1,345
Aug 199867711.301.91$1,291
Jul 199870911.742.24$1,586
Jun 199869511.242.24$1,555
May 199865912.622.21$1,454
Apr 199869013.042.51$1,729
Mar 199873312.802.31$1,693
Feb 199868413.952.30$1,573
Jan 199876414.702.15$1,646
Dec 199774016.322.41$1,784
Nov 199772518.193.09$2,239
Oct 199768219.253.15$2,148
Sep 199766817.742.95$1,974
Aug 199772817.862.55$1,860
Jul 199766517.582.25$1,494
Jun 199766717.242.26$1,506
May 199767218.972.31$1,551
Apr 199751517.882.08$1,073
Mar 199765818.951.94$1,276
Feb 199765220.492.21$1,438
Jan 199769523.483.54$2,460
Dec 199666123.32$0
Nov 199665121.97$0
Oct 199663323.31$0
Sep 199661322.22$0
Aug 199664420.26$0
Jul 199662519.55$0
Jun 199665018.73$0
May 199660319.43$0
Apr 199665121.51$0
Mar 199669019.38$0
Feb 199660316.98$0
Jan 199671617.07$0
Dec 199571717.19$0
Nov 199572016.00$0
Oct 199571515.43$0
Sep 199569316.18$0
Aug 199577615.92$0
Jul 199577015.24$0
Jun 199569816.41$0
May 199569817.56$0
Apr 199573517.73$0
Mar 199576116.44$0
Feb 199571316.58$0
Jan 199580615.92$0
Dec 199477415.03$0
Nov 199479515.90$0
Oct 199475015.58$0
Sep 199470015.29$0
Aug 199458716.13$0
Jul 199470917.56$0
Jun 1994017.09$0
May 199475315.88$0
Apr 199465914.14$0
Mar 199477312.46$0
Feb 199479912.50$0
Jan 199487912.66$0
Dec 199389512.33$0
Nov 199386814.49$0
Oct 199377315.85$0
Sep 199372515.03$0
Aug 199374715.66$0
Jul 199366415.46$0
Jun 199381716.79$0
May 199382317.68$0
Apr 199384218.05$0
Mar 199387518.14$0
Feb 199376917.90$0
Jan 199393516.93$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                  201 Mcf  × $  3.05 =       $612

────────────────────────────────────────────────────
Month total                                     $612

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/26211 is the state's own key, not one this site invented.