SANDERS

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 26251District 10Field 68826001NGPA filingCondensateGasSaveExport
Value, all time
$961 k
Jan 1993 – May 2026
Value, last 12 filed months
$16 k
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
NGPA2none

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
CondensateDisposition2 bbl$157
GasProduction270,496 Mcf$960,691
Total$960,847

51,881 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 35.0978, -100.2571. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.09784, -100.25705 · 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 1958
1 of 1 wells

1 well

42-087802222Nov 1958

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 20260450106.413.05$1,371
Apr 2026032198.932.87$921
Mar 2026030489.753.15$957
Feb 2026037963.503.75$1,421
Jan 2026044959.138.00$3,591
Dec 2025046256.664.41$2,039
Nov 2025033758.593.93$1,323
Oct 2025029259.383.30$965
Sep 2025024862.743.08$763
Aug 2025022663.933.01$681
Jul 2025027866.743.32$922
Jun 2025020966.483.13$654
May 2025029760.553.23$960
Apr 2025029962.363.54$1,059
Mar 2025028667.704.27$1,221
Feb 2025031870.884.34$1,380
Jan 2025041274.324.28$1,763
Dec 2024042368.993.12$1,320
Nov 2024040969.052.20$899
Oct 2024035971.372.28$819
Sep 2024036569.612.36$863
Aug 2024038475.632.06$792
Jul 2024042579.932.15$912
Jun 2024040178.082.63$1,056
May 2024048278.812.20$1,060
Apr 2024034484.451.66$571
Mar 2024039380.301.55$607
Feb 2024039376.091.78$701
Jan 2024039773.023.30$1,309
Dec 2023043071.262.61$1,123
Nov 2023039577.892.81$1,109
Oct 2023040085.443.09$1,235
Sep 2023042389.042.74$1,157
Aug 2023039980.522.67$1,066
Jul 2023041774.852.64$1,102
Jun 2023042568.962.26$960
May 2023043670.622.23$971
Apr 2023035978.122.24$803
Mar 2023020272.852.39$483
Feb 2023019575.112.47$481
Jan 2023039876.533.39$1,348
Dec 2022037676.415.73$2,154
Nov 2022042285.005.65$2,383
Oct 2022046387.185.86$2,715
Sep 2022042084.888.16$3,429
Aug 2022046194.529.13$4,208
Jul 20220456101.587.54$3,439
Jun 20220427115.097.98$3,406
May 20220466109.378.43$3,930
Apr 20220407104.226.84$2,783
Mar 20220463108.885.08$2,350
Feb 2022041091.054.86$1,992
Jan 2022048581.844.54$2,201
Dec 2021043471.323.90$1,692
Nov 2021039877.435.24$2,084
Oct 2021049379.795.71$2,817
Sep 2021044469.865.35$2,376
Aug 2021044066.024.22$1,857
Jul 2021051270.783.98$2,039
Jun 2021046969.493.38$1,586
May 2021053163.483.02$1,602
Apr 2021049660.362.76$1,368
Mar 2021046161.302.72$1,253
Feb 2021039457.805.55$2,186
Jan 2021048750.412.81$1,369
Dec 2020039044.642.68$1,043
Nov 2020054138.772.71$1,464
Oct 2020047336.972.48$1,172
Sep 2020049137.091.99$978
Aug 2020046139.982.39$1,100
Jul 2020038038.371.83$694
Jun 2020042834.901.69$723
May 2020041116.921.81$746
Apr 2020037514.751.80$677
Mar 2020040130.341.86$744
Feb 2020030449.881.98$602
Jan 2020026057.252.09$545
Dec 2019039059.012.30$899
Nov 2019043655.302.75$1,199
Oct 2019047153.472.42$1,139
Sep 2019031355.052.66$832
Aug 2019043253.112.30$995
Jul 2019050856.272.46$1,250
Jun 2019047752.782.49$1,188
May 2019042058.482.74$1,151
Apr 2019041862.632.75$1,150
Mar 2019042356.803.06$1,295
Feb 2019041950.852.79$1,170
Jan 2019044446.033.23$1,433
Dec 2018042746.594.19$1,787
Nov 2018040752.934.24$1,725
Oct 2018044761.443.40$1,519
Sep 2018046559.543.11$1,445
Aug 2018045359.403.07$1,389
Jul 2018044365.142.93$1,299
Jun 2018046060.183.08$1,415
May 2018049365.382.90$1,430
Apr 2018045363.842.90$1,314
Mar 2018048361.222.79$1,346
Feb 2018041661.782.77$1,151
Jan 2018042962.874.01$1,720
Dec 2017045357.272.92$1,323
Nov 2017041655.423.12$1,297
Oct 2017042949.292.98$1,280
Sep 2017041447.523.09$1,278
Aug 2017044945.373.00$1,349
Jul 2017043943.873.09$1,355
Jun 2017048842.493.09$1,507
May 2017046945.373.26$1,531
Apr 2017045447.933.21$1,458
Mar 2017046846.772.98$1,396
Feb 2017045250.452.95$1,335
Jan 2017046749.413.42$1,597
Dec 2016048748.763.72$1,813
Nov 2016044942.492.64$1,187
Oct 2016047346.193.09$1,462
Sep 2016046641.553.10$1,445
Aug 2016046341.442.92$1,354
Jul 2016052141.622.92$1,524
Jun 2016050245.352.69$1,348
May 2016047942.521.99$954
Apr 2016046336.561.99$922
Mar 2016052833.011.79$947
Feb 2016046726.472.06$964
Jan 2016052127.352.36$1,232
Dec 2015046932.362.00$939
Nov 2015045238.792.17$980
Oct 2015052343.552.43$1,269
Sep 2015050642.992.76$1,396
Aug 2015052340.162.87$1,502
Jul 2015053548.152.95$1,576
Jun 2015052356.152.88$1,508
May 2015055455.212.96$1,637
Apr 2015053149.822.71$1,437
Mar 2015053942.892.93$1,582
Feb 2015048044.662.98$1,429
Jan 2015048543.433.10$1,504
Dec 2014049254.693.59$1,767
Nov 2014046470.464.25$1,973
Oct 2014256578.303.90$2,361
Sep 2014050686.164.05$2,047
Aug 2014055389.394.04$2,231
Jul 2014052796.564.18$2,203
Jun 2014053098.164.74$2,511
May 2014055494.734.73$2,619
Apr 2014055595.944.81$2,669
Mar 2014055395.895.06$2,796
Feb 2014049497.406.19$3,059
Jan 2014055790.404.86$2,707
Dec 2013055991.824.35$2,434
Nov 2013054388.853.74$2,030
Oct 2013057897.423.78$2,184
Sep 20130573104.113.72$2,130
Aug 20130559104.253.52$1,969
Jul 20130590102.523.72$2,193
Jun 2013053694.403.93$2,108
May 2013057094.834.15$2,365
Apr 2013055993.964.28$2,394
Mar 2013057593.623.91$2,250
Feb 2013051291.233.42$1,751
Jan 2013053791.603.42$1,836
Dec 2012055886.773.42$1,908
Nov 2012053986.953.62$1,954
Oct 2012058989.383.40$2,002
Sep 2012057594.672.92$1,678
Aug 2012058792.662.91$1,707
Jul 2012061285.133.02$1,849
Jun 2012056579.822.52$1,423
May 2012058891.612.49$1,463
Apr 20120598101.652.00$1,194
Mar 20120607105.052.22$1,349
Feb 20120569101.102.57$1,462
Jan 2012061798.092.73$1,687
Dec 2011062196.873.24$2,012
Nov 2011061595.723.31$2,036
Oct 2011064684.983.65$2,357
Sep 2011064283.623.99$2,559
Aug 2011063883.404.15$2,647
Jul 2011061594.144.52$2,778
Jun 2011060592.904.64$2,807
May 2011066698.134.40$2,934
Apr 20110654105.964.33$2,834
Mar 2011059396.364.06$2,406
Feb 2011052085.644.18$2,174
Jan 2011068586.504.59$3,143
Dec 2010067885.734.35$2,948
Nov 2010060780.843.80$2,304
Oct 2010068378.103.51$2,397
Sep 2010063772.633.98$2,535
Aug 2010060873.684.42$2,687
Jul 2010059772.554.74$2,828
Jun 2010061970.364.91$3,040
May 2010061671.124.24$2,609
Apr 2010064681.694.12$2,663
Mar 2010067678.394.39$2,967
Feb 2010058673.585.44$3,189
Jan 2010069974.365.96$4,169
Dec 2009066771.445.48$3,658
Nov 2009060774.593.75$2,277
Oct 2009071572.544.11$2,939
Sep 2009067465.543.06$2,066
Aug 2009065767.423.22$2,115
Jul 2009062461.133.46$2,162
Jun 2009052966.163.90$2,060
May 2009072054.743.93$2,827
Apr 2009067146.773.59$2,407
Mar 2009071642.144.06$2,906
Feb 2009066732.814.63$3,090
Jan 2009079135.865.37$4,248
Dec 2008083137.105.98$4,967
Nov 2008080655.496.86$5,529
Oct 2008085775.246.92$5,932
Sep 20080858101.767.88$6,759
Aug 20080796114.228.48$6,752
Jul 20080783131.0811.39$8,918
Jun 20080783131.3313.03$10,205
May 20080858123.1711.57$9,931
Apr 20080813110.3110.45$8,500
Mar 20080816101.909.66$7,886
Feb 2008077492.538.77$6,788
Jan 2008085090.388.21$6,975
Dec 2007086988.337.30$6,345
Nov 2007077491.677.29$5,644
Oct 2007083582.856.92$5,780
Sep 2007085875.846.24$5,357
Aug 2007087269.066.39$5,570
Jul 2007083870.906.39$5,353
Jun 2007069362.007.55$5,231
May 2007083758.747.85$6,567
Apr 2007084059.617.81$6,556
Mar 2007088256.927.30$6,440
Feb 2007070055.108.22$5,751
Jan 2007088850.306.73$5,973
Dec 2006094056.656.92$6,503
Nov 2006090354.207.62$6,879
Oct 2006089254.906.01$5,364
Sep 2006080260.085.04$4,040
Aug 2006081568.717.34$5,982
Jul 2006077469.376.34$4,909
Jun 2006075866.286.38$4,839
May 2006084966.016.42$5,455
Apr 2006087364.397.36$6,426
Mar 2006093156.707.08$6,594
Feb 2006083057.597.75$6,433
Jan 2006098960.598.93$8,835
Dec 200501,03354.9413.42$13,858
Nov 2005068854.6910.59$7,285
Oct 2005068358.3413.80$9,423
Sep 2005069961.4512.08$8,443
Aug 2005066161.519.80$6,476
Jul 2005066055.697.84$5,177
Jun 2005063452.337.38$4,680
May 2005060945.226.65$4,051
Apr 2005064549.207.36$4,748
Mar 2005056850.377.15$4,064
Feb 2005040445.226.31$2,550
Jan 2005067343.166.32$4,255
Dec 2004077039.866.75$5,198
Nov 2004076245.286.33$4,824
Oct 2004086749.706.52$5,649
Sep 2004087743.245.28$4,634
Aug 2004096142.375.55$5,334
Jul 2004087238.286.08$5,305
Jun 2004089236.106.43$5,738
May 2004066137.486.49$4,293
Apr 2004049834.475.86$2,918
Mar 2004050634.365.53$2,798
Feb 2004047232.455.51$2,601
Jan 2004050632.036.30$3,188
Dec 2003047330.266.30$2,981
Nov 2003050728.804.60$2,330
Oct 2003065128.174.76$3,099
Sep 2003081426.314.75$3,866
Aug 2003095929.765.13$4,919
Jul 2003072329.415.17$3,739
Jun 2003074328.565.98$4,445
May 2003098026.595.97$5,853
Apr 2003064326.675.41$3,477
Mar 2003064231.146.10$3,914
Feb 2003055733.487.93$4,415
Jan 2003052530.315.58$2,931
Dec 2002056726.914.85$2,752
Nov 2002059424.664.14$2,457
Oct 2002064526.464.23$2,728
Sep 2002063927.443.64$2,323
Aug 2002063925.963.16$2,022
Jul 2002065324.583.06$1,999
Jun 2002068123.733.34$2,273
May 2002079924.663.58$2,864
Apr 2002079223.653.51$2,782
Mar 2002089522.003.10$2,777
Feb 2002084018.222.38$1,996
Jan 2002095317.172.38$2,264
Dec 2001060816.932.36$1,438
Nov 2001063918.072.41$1,537
Oct 2001071219.782.53$1,801
Sep 2001071424.262.25$1,607
Aug 2001062224.873.05$1,899
Jul 2001057023.933.20$1,822
Jun 2001063724.563.82$2,436
May 2001053725.524.31$2,313
Apr 2001048824.685.34$2,604
Mar 2001081224.545.38$4,366
Feb 2001077427.755.77$4,464
Jan 2001086227.478.40$7,240
Dec 2000088726.889.12$8,092
Nov 2000091032.215.66$5,149
Oct 2000088431.235.15$4,549
Sep 2000081931.875.19$4,248
Aug 2000081429.644.54$3,696
Jul 2000083128.534.09$3,399
Jun 2000086829.304.40$3,817
May 2000092327.263.68$3,396
Apr 2000083724.513.12$2,608
Mar 200001,09728.422.86$3,137
Feb 200001,00127.622.73$2,729
Jan 2000079725.272.48$1,977
Dec 1999084024.282.42$2,036
Nov 1999078523.192.43$1,911
Oct 1999090120.982.80$2,526
Sep 199901,00621.752.62$2,635
Aug 199901,00019.262.88$2,876
Jul 199901,03417.892.37$2,453
Jun 1999099915.942.36$2,360
May 1999096215.792.32$2,233
Apr 199901,02115.102.21$2,254
Mar 199901,01712.471.84$1,870
Feb 199909069.981.82$1,647
Jan 1999098310.381.90$1,868
Dec 199809249.201.77$1,639
Nov 199801,01110.892.19$2,210
Oct 199801,06312.421.97$2,093
Sep 1998099312.592.08$2,068
Aug 199801,08611.301.91$2,071
Jul 199801,10311.742.24$2,468
Jun 199801,06311.242.24$2,378
May 199801,22912.622.21$2,712
Apr 1998096113.042.51$2,408
Mar 199801,17612.802.31$2,716
Feb 1998086013.952.30$1,977
Jan 199801,04914.702.15$2,260
Dec 199701,10116.322.41$2,655
Nov 1997097018.193.09$2,996
Oct 199701,02319.253.15$3,222
Sep 1997095217.742.95$2,813
Aug 1997069317.862.55$1,770
Jul 1997087117.582.25$1,957
Jun 1997079317.242.26$1,790
May 1997088218.972.31$2,036
Apr 1997074617.882.08$1,554
Mar 1997094418.951.94$1,831
Feb 1997083820.492.21$1,849
Jan 1997095523.483.54$3,380
Dec 1996096823.32$0
Nov 1996095021.97$0
Oct 199601,04723.31$0
Sep 199601,06122.22$0
Aug 1996092120.26$0
Jul 1996072619.55$0
Jun 1996079118.73$0
May 1996084519.43$0
Apr 199601,14321.51$0
Mar 1996080619.38$0
Feb 1996090216.98$0
Jan 1996096717.07$0
Dec 199501,00117.19$0
Nov 1995096116.00$0
Oct 1995080115.43$0
Sep 1995075916.18$0
Aug 1995080315.92$0
Jul 1995072915.24$0
Jun 1995082416.41$0
May 199501,08917.56$0
Apr 199501,13417.73$0
Mar 199501,19516.44$0
Feb 199501,07616.58$0
Jan 199501,21915.92$0
Dec 199401,21115.03$0
Nov 199401,18715.90$0
Oct 199401,20015.58$0
Sep 199401,19415.29$0
Aug 199401,04116.13$0
Jul 199401,17817.56$0
Jun 19940017.09$0
May 199401,27515.88$0
Apr 199401,12014.14$0
Mar 199401,31112.46$0
Feb 199401,18112.50$0
Jan 199401,42112.66$0
Dec 199301,35212.33$0
Nov 199301,33414.49$0
Oct 199301,34115.85$0
Sep 199301,18515.03$0
Aug 199301,29415.66$0
Jul 199301,21515.46$0
Jun 199301,34016.79$0
May 199301,33917.68$0
Apr 199301,34518.05$0
Mar 199301,46218.14$0
Feb 199301,27417.90$0
Jan 199301,36316.93$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
Condensate             0 bbl  × $106.41 =         $0
Gas                  450 Mcf  × $  3.05 =     $1,371

────────────────────────────────────────────────────
Month total                                   $1,371

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/26251 is the state's own key, not one this site invented.