NICHOLSON -C-

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 26212District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$362 k
Jan 1993 – May 2026
Value, last 12 filed months
$6 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
GasProduction99,770 Mcf$361,528
Total$361,528

17,234 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 35.1801, -100.1455. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.18008, -100.14552 · 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
Nov 1951
1 of 1 wells

1 well

42-087802001Nov 1951

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 2026163106.413.05$496
Apr 20269798.932.87$278
Mar 202612389.753.15$387
Feb 202614663.503.75$548
Jan 202616559.138.00$1,320
Dec 202514656.664.41$644
Nov 202514158.593.93$554
Oct 202515459.383.30$509
Sep 202512362.743.08$378
Aug 202510363.933.01$311
Jul 202513966.743.32$461
Jun 202513266.483.13$413
May 202514960.553.23$482
Apr 202514362.363.54$507
Mar 202516467.704.27$700
Feb 202515570.884.34$673
Jan 202516174.324.28$689
Dec 202416868.993.12$524
Nov 202415969.052.20$350
Oct 202416271.372.28$370
Sep 202413369.612.36$314
Aug 202415375.632.06$316
Jul 202415079.932.15$322
Jun 202414278.082.63$374
May 202419278.812.20$422
Apr 202412884.451.66$212
Mar 202416380.301.55$252
Feb 202414676.091.78$260
Jan 202422173.023.30$729
Dec 202317871.262.61$465
Nov 202316377.892.81$458
Oct 202314385.443.09$441
Sep 202316089.042.74$438
Aug 202316480.522.67$438
Jul 202314274.852.64$375
Jun 202316068.962.26$361
May 202314670.622.23$325
Apr 202313578.122.24$302
Mar 202321472.852.39$512
Feb 202318475.112.47$454
Jan 202316276.533.39$549
Dec 202216676.415.73$951
Nov 202217985.005.65$1,011
Oct 202218987.185.86$1,108
Sep 202214984.888.16$1,216
Aug 202216094.529.13$1,460
Jul 2022164101.587.54$1,237
Jun 2022157115.097.98$1,252
May 2022176109.378.43$1,484
Apr 2022166104.226.84$1,135
Mar 2022185108.885.08$939
Feb 202215791.054.86$763
Jan 202219581.844.54$885
Dec 202118971.323.90$737
Nov 202117477.435.24$911
Oct 202118679.795.71$1,063
Sep 202115569.865.35$829
Aug 202117166.024.22$722
Jul 2021070.783.98$0
Jun 202116269.493.38$548
May 202118263.483.02$549
Apr 2021060.362.76$0
Mar 202120761.302.72$562
Feb 202112357.805.55$682
Jan 202119450.412.81$545
Dec 202019544.642.68$522
Nov 202019938.772.71$539
Oct 202015936.972.48$394
Sep 202016537.091.99$329
Aug 202016039.982.39$382
Jul 202015138.371.83$276
Jun 202016034.901.69$270
May 202016416.921.81$298
Apr 202016214.751.80$292
Mar 202016230.341.86$301
Feb 202015449.881.98$305
Jan 202016357.252.09$341
Dec 201919559.012.30$449
Nov 201917055.302.75$468
Oct 201917353.472.42$418
Sep 201917155.052.66$454
Aug 201918453.112.30$424
Jul 201918256.272.46$448
Jun 201915952.782.49$396
May 201917358.482.74$474
Apr 201916562.632.75$454
Mar 201917856.803.06$545
Feb 201918250.852.79$508
Jan 201916746.033.23$539
Dec 201817346.594.19$724
Nov 201818452.934.24$780
Oct 201816561.443.40$561
Sep 201817859.543.11$553
Aug 201818559.403.07$567
Jul 201817665.142.93$516
Jun 201816460.183.08$505
May 201817165.382.90$496
Apr 201816963.842.90$490
Mar 201818761.222.79$521
Feb 201816861.782.77$465
Jan 201819362.874.01$774
Dec 201720057.272.92$584
Nov 201718655.423.12$580
Oct 201718049.292.98$537
Sep 201714947.523.09$460
Aug 201714045.373.00$421
Jul 201718343.873.09$565
Jun 201718442.493.09$568
May 201718545.373.26$604
Apr 201718447.933.21$591
Mar 201718646.772.98$555
Feb 201717150.452.95$505
Jan 201719749.413.42$674
Dec 201620548.763.72$763
Nov 201619142.492.64$505
Oct 201619346.193.09$596
Sep 201618541.553.10$574
Aug 201617341.442.92$506
Jul 201618141.622.92$529
Jun 201618045.352.69$483
May 201618342.521.99$364
Apr 201617736.561.99$352
Mar 201618633.011.79$334
Feb 201619326.472.06$398
Jan 201620427.352.36$482
Dec 201521032.362.00$420
Nov 201523038.792.17$498
Oct 201520043.552.43$485
Sep 201519442.992.76$535
Aug 201518940.162.87$543
Jul 201519348.152.95$568
Jun 201519056.152.88$548
May 201519955.212.96$588
Apr 201518849.822.71$509
Mar 201521042.892.93$616
Feb 201525544.662.98$759
Jan 201521343.433.10$660
Dec 201422254.693.59$797
Nov 201422270.464.25$944
Oct 201423978.303.90$932
Sep 201422286.164.05$898
Aug 201423789.394.04$956
Jul 201423096.564.18$961
Jun 201421998.164.74$1,037
May 201423294.734.73$1,097
Apr 201422795.944.81$1,092
Mar 201423295.895.06$1,173
Feb 201423597.406.19$1,455
Jan 201427090.404.86$1,312
Dec 201329791.824.35$1,293
Nov 201328788.853.74$1,073
Oct 201325897.423.78$975
Sep 2013185104.113.72$688
Aug 2013188104.253.52$662
Jul 2013190102.523.72$706
Jun 201318794.403.93$736
May 201320294.834.15$838
Apr 201320693.964.28$882
Mar 201321293.623.91$830
Feb 201320091.233.42$684
Jan 201320891.603.42$711
Dec 201220286.773.42$691
Nov 201219586.953.62$707
Oct 201221389.383.40$724
Sep 201221294.672.92$619
Aug 201221192.662.91$614
Jul 201221685.133.02$652
Jun 201219179.822.52$481
May 201219691.612.49$488
Apr 2012195101.652.00$389
Mar 2012205105.052.22$456
Feb 2012188101.102.57$483
Jan 201220598.092.73$560
Dec 201120196.873.24$651
Nov 201120695.723.31$682
Oct 201121484.983.65$781
Sep 201120783.623.99$825
Aug 201120383.404.15$842
Jul 201119894.144.52$894
Jun 201119392.904.64$896
May 201121398.134.40$938
Apr 2011211105.964.33$914
Mar 201121296.364.06$860
Feb 201117885.644.18$744
Jan 201120486.504.59$936
Dec 201021085.734.35$913
Nov 201020580.843.80$778
Oct 201021278.103.51$744
Sep 201020672.633.98$820
Aug 201020973.684.42$924
Jul 201021672.554.74$1,023
Jun 201021170.364.91$1,036
May 201021371.124.24$902
Apr 201020381.694.12$837
Mar 201021278.394.39$930
Feb 201019473.585.44$1,056
Jan 201021374.365.96$1,270
Dec 200922171.445.48$1,212
Nov 200919674.593.75$735
Oct 200924072.544.11$986
Sep 200935265.543.06$1,079
Aug 200945967.423.22$1,477
Jul 200934261.133.46$1,185
Jun 200933466.163.90$1,301
May 200947954.743.93$1,880
Apr 200944246.773.59$1,586
Mar 200946942.144.06$1,904
Feb 200943532.814.63$2,015
Jan 200946735.865.37$2,508
Dec 200847537.105.98$2,839
Nov 200847055.496.86$3,224
Oct 200851175.246.92$3,537
Sep 2008517101.767.88$4,072
Aug 2008517114.228.48$4,386
Jul 2008388131.0811.39$4,419
Jun 2008200131.3313.03$2,607
May 2008221123.1711.57$2,558
Apr 2008243110.3110.45$2,541
Mar 2008246101.909.66$2,377
Feb 200824592.538.77$2,149
Jan 200825790.388.21$2,109
Dec 200730288.337.30$2,205
Nov 200713191.677.29$955
Oct 200722282.856.92$1,537
Sep 200723675.846.24$1,474
Aug 200724369.066.39$1,552
Jul 200724770.906.39$1,578
Jun 200711762.007.55$883
May 200723458.747.85$1,836
Apr 200724959.617.81$1,943
Mar 200726356.927.30$1,920
Feb 200712955.108.22$1,060
Jan 200721850.306.73$1,466
Dec 200628856.656.92$1,993
Nov 200628754.207.62$2,186
Oct 200622554.906.01$1,353
Sep 200618360.085.04$922
Aug 200623668.717.34$1,732
Jul 200626169.376.34$1,655
Jun 200624266.286.38$1,545
May 200623466.016.42$1,503
Apr 200625764.397.36$1,892
Mar 200628856.707.08$2,040
Feb 200622857.597.75$1,767
Jan 200627160.598.93$2,421
Dec 200529154.9413.42$3,904
Nov 200527354.6910.59$2,891
Oct 200529458.3413.80$4,056
Sep 200528861.4512.08$3,479
Aug 200529761.519.80$2,910
Jul 200527955.697.84$2,188
Jun 200528552.337.38$2,104
May 200528245.226.65$1,876
Apr 200528349.207.36$2,083
Mar 200524850.377.15$1,774
Feb 200522345.226.31$1,408
Jan 200522343.166.32$1,410
Dec 200427739.866.75$1,870
Nov 200428345.286.33$1,792
Oct 200429849.706.52$1,942
Sep 200428843.245.28$1,522
Aug 200429742.375.55$1,649
Jul 200429638.286.08$1,801
Jun 200429236.106.43$1,878
May 200428937.486.49$1,877
Apr 200426634.475.86$1,558
Mar 200428134.365.53$1,554
Feb 200427132.455.51$1,493
Jan 200430432.036.30$1,915
Dec 200330930.266.30$1,947
Nov 200331028.804.60$1,425
Oct 200333928.174.76$1,614
Sep 200333026.314.75$1,567
Aug 200335429.765.13$1,816
Jul 200336629.415.17$1,893
Jun 200336928.565.98$2,208
May 200340926.595.97$2,443
Apr 200338426.675.41$2,076
Mar 200326031.146.10$1,585
Feb 200323133.487.93$1,831
Jan 200327130.315.58$1,513
Dec 200228526.914.85$1,383
Nov 200226024.664.14$1,076
Oct 200231626.464.23$1,336
Sep 200228827.443.64$1,047
Aug 200229125.963.16$921
Jul 200229424.583.06$900
Jun 200226723.733.34$891
May 200225724.663.58$921
Apr 200225523.653.51$896
Mar 200226622.003.10$825
Feb 200224218.222.38$575
Jan 200227317.172.38$649
Dec 200125816.932.36$610
Nov 200127218.072.41$654
Oct 200128919.782.53$731
Sep 200130024.262.25$675
Aug 200127824.873.05$849
Jul 200130623.933.20$978
Jun 200129324.563.82$1,120
May 200130225.524.31$1,301
Apr 200127724.685.34$1,478
Mar 200128824.545.38$1,548
Feb 200125927.755.77$1,494
Jan 200131727.478.40$2,662
Dec 200031026.889.12$2,828
Nov 200031332.215.66$1,771
Oct 200032131.235.15$1,652
Sep 200022531.875.19$1,167
Aug 200030229.644.54$1,371
Jul 200033828.534.09$1,382
Jun 200033729.304.40$1,482
May 200029227.263.68$1,074
Apr 200030124.513.12$938
Mar 200032428.422.86$927
Feb 200029427.622.73$802
Jan 200031625.272.48$784
Dec 199931424.282.42$761
Nov 199929423.192.43$716
Oct 199928220.982.80$791
Sep 199928121.752.62$736
Aug 199931019.262.88$891
Jul 199931917.892.37$757
Jun 199930015.942.36$709
May 199931815.792.32$738
Apr 199930815.102.21$680
Mar 199931712.471.84$583
Feb 19992779.981.82$504
Jan 199930710.381.90$583
Dec 19983099.201.77$548
Nov 199831910.892.19$697
Oct 199830712.421.97$605
Sep 199831512.592.08$656
Aug 199831711.301.91$605
Jul 199832411.742.24$725
Jun 199830111.242.24$673
May 199829212.622.21$644
Apr 199830113.042.51$754
Mar 199832712.802.31$755
Feb 199828913.952.30$664
Jan 199832314.702.15$696
Dec 199732716.322.41$788
Nov 199730918.193.09$954
Oct 199733319.253.15$1,049
Sep 199732917.742.95$972
Aug 199734817.862.55$889
Jul 199731017.582.25$697
Jun 199732117.242.26$725
May 199733918.972.31$783
Apr 199727017.882.08$562
Mar 199735018.951.94$679
Feb 199731520.492.21$695
Jan 199736023.483.54$1,274
Dec 199633623.32$0
Nov 199633821.97$0
Oct 199634623.31$0
Sep 199633322.22$0
Aug 199635320.26$0
Jul 199634719.55$0
Jun 199635718.73$0
May 199634019.43$0
Apr 199635721.51$0
Mar 199638119.38$0
Feb 199633316.98$0
Jan 199635417.07$0
Dec 199536217.19$0
Nov 199535816.00$0
Oct 199537515.43$0
Sep 199534916.18$0
Aug 199537615.92$0
Jul 199538115.24$0
Jun 199535816.41$0
May 199534317.56$0
Apr 199535817.73$0
Mar 199537116.44$0
Feb 199533116.58$0
Jan 199537915.92$0
Dec 199437315.03$0
Nov 199437615.90$0
Oct 199438315.58$0
Sep 199433615.29$0
Aug 199428516.13$0
Jul 199435317.56$0
Jun 1994017.09$0
May 199437115.88$0
Apr 199432314.14$0
Mar 199437712.46$0
Feb 199435912.50$0
Jan 199440012.66$0
Dec 199340312.33$0
Nov 199342114.49$0
Oct 199342415.85$0
Sep 199338915.03$0
Aug 199338115.66$0
Jul 199335715.46$0
Jun 199340716.79$0
May 199339617.68$0
Apr 199340518.05$0
Mar 199341818.14$0
Feb 199337117.90$0
Jan 199341016.93$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                  163 Mcf  × $  3.05 =       $496

────────────────────────────────────────────────────
Month total                                     $496

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/26212 is the state's own key, not one this site invented.