SHERWOOD

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 26262District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$79 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
GasProduction22,353 Mcf$78,650
Total$78,650

5,596 Mcf of this lease's gas, across 24 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

42-483800431

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 20133791.233.42$127
Jan 20133791.603.42$127
Dec 20124986.773.42$168
Nov 20124786.953.62$170
Oct 20124689.383.40$156
Sep 20125894.672.92$169
Aug 20126192.662.91$177
Jul 20127085.133.02$211
Jun 20127179.822.52$179
May 20123191.612.49$77
Apr 201228101.652.00$56
Mar 201215105.052.22$33
Feb 201227101.102.57$69
Jan 20122598.092.73$68
Dec 20114096.873.24$130
Nov 20113595.723.31$116
Oct 20114384.983.65$157
Sep 20113883.623.99$151
Aug 20113583.404.15$145
Jul 20113594.144.52$158
Jun 20112792.904.64$125
May 20113698.134.40$159
Apr 201146105.964.33$199
Mar 20114696.364.06$187
Feb 20114285.644.18$176
Jan 20115486.504.59$248
Dec 20108685.734.35$374
Nov 201011780.843.80$444
Oct 20103878.103.51$133
Sep 20103872.633.98$151
Aug 20103973.684.42$172
Jul 20104672.554.74$218
Jun 20104770.364.91$231
May 20103771.124.24$157
Apr 20103981.694.12$161
Mar 20105478.394.39$237
Feb 20104773.585.44$256
Jan 20106774.365.96$400
Dec 20097271.445.48$395
Nov 20095074.593.75$188
Oct 20096772.544.11$275
Sep 20095965.543.06$181
Aug 20095967.423.22$190
Jul 20095861.133.46$201
Jun 20095366.163.90$206
May 20095954.743.93$232
Apr 20095546.773.59$197
Mar 20096142.144.06$248
Feb 20095732.814.63$264
Jan 20096235.865.37$333
Dec 20086737.105.98$400
Nov 20086355.496.86$432
Oct 20086775.246.92$464
Sep 200865101.767.88$512
Aug 200869114.228.48$585
Jul 200861131.0811.39$695
Jun 200872131.3313.03$938
May 200858123.1711.57$671
Apr 200865110.3110.45$680
Mar 200875101.909.66$725
Feb 20087092.538.77$614
Jan 20088490.388.21$689
Dec 20077888.337.30$570
Nov 20076291.677.29$452
Oct 20075782.856.92$395
Sep 20076875.846.24$425
Aug 20076869.066.39$434
Jul 20077970.906.39$505
Jun 20074262.007.55$317
May 20076658.747.85$518
Apr 20076859.617.81$531
Mar 20077756.927.30$562
Feb 20076555.108.22$534
Jan 20077850.306.73$525
Dec 20067556.656.92$519
Nov 20067654.207.62$579
Oct 20066654.906.01$397
Sep 20064660.085.04$232
Aug 20066668.717.34$484
Jul 20067369.376.34$463
Jun 20067266.286.38$460
May 20065266.016.42$334
Apr 20066364.397.36$464
Mar 20067256.707.08$510
Feb 20064557.597.75$349
Jan 20067260.598.93$643
Dec 20057254.9413.42$966
Nov 20057854.6910.59$826
Oct 20059658.3413.80$1,324
Sep 200510361.4512.08$1,244
Aug 200511561.519.80$1,127
Jul 200511655.697.84$910
Jun 200511752.337.38$864
May 200511345.226.65$752
Apr 200511249.207.36$824
Mar 200510950.377.15$780
Feb 20059645.226.31$606
Jan 200510243.166.32$645
Dec 200412239.866.75$824
Nov 200412845.286.33$810
Oct 200412149.706.52$788
Sep 200411343.245.28$597
Aug 200411842.375.55$655
Jul 200411738.286.08$712
Jun 200411936.106.43$766
May 200412437.486.49$805
Apr 20049834.475.86$574
Mar 200410534.365.53$581
Feb 20049832.455.51$540
Jan 200410732.036.30$674
Dec 200311030.266.30$693
Nov 200311228.804.60$515
Oct 200311428.174.76$543
Sep 200311526.314.75$546
Aug 200311429.765.13$585
Jul 200311529.415.17$595
Jun 200311428.565.98$682
May 200311026.595.97$657
Apr 200310526.675.41$568
Mar 200311731.146.10$713
Feb 20038733.487.93$690
Jan 200310230.315.58$569
Dec 200211426.914.85$553
Nov 200211224.664.14$463
Oct 200213026.464.23$550
Sep 200214027.443.64$509
Aug 200213025.963.16$411
Jul 200214224.583.06$435
Jun 200214723.733.34$491
May 200213924.663.58$498
Apr 200213523.653.51$474
Mar 200217322.003.10$537
Feb 200215018.222.38$356
Jan 200217617.172.38$418
Dec 200114916.932.36$352
Nov 200115218.072.41$366
Oct 200117819.782.53$450
Sep 200120024.262.25$450
Aug 200110124.873.05$308
Jul 20018823.933.20$281
Jun 20016924.563.82$264
May 20019125.524.31$392
Apr 20016424.685.34$341
Mar 20016024.545.38$323
Feb 20016527.755.77$375
Jan 20019427.478.40$789
Dec 20009926.889.12$903
Nov 200010832.215.66$611
Oct 200010831.235.15$556
Sep 20007031.875.19$363
Aug 20007329.644.54$331
Jul 20005828.534.09$237
Jun 20008229.304.40$361
May 20007527.263.68$276
Apr 20006024.513.12$187
Mar 20009128.422.86$260
Feb 20009727.622.73$264
Jan 20008525.272.48$211
Dec 19998324.282.42$201
Nov 19998123.192.43$197
Oct 19999020.982.80$252
Sep 199911021.752.62$288
Aug 199917219.262.88$495
Jul 19999917.892.37$235
Jun 199910515.942.36$248
May 199911315.792.32$262
Apr 199913915.102.21$307
Mar 199914312.471.84$263
Feb 19991489.981.82$269
Jan 199917810.381.90$338
Dec 19981839.201.77$325
Nov 199817510.892.19$383
Oct 199815212.421.97$299
Sep 199815812.592.08$329
Aug 199818311.301.91$349
Jul 199816711.742.24$374
Jun 199816511.242.24$369
May 199818512.622.21$408
Apr 199817413.042.51$436
Mar 199824812.802.31$573
Feb 199830413.952.30$699
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 199711117.882.08$231
Mar 199710418.951.94$202
Feb 199710820.492.21$238
Jan 199711223.483.54$396
Dec 199612823.32$0
Nov 199625721.97$0
Oct 199626523.31$0
Sep 199628022.22$0
Aug 199629020.26$0
Jul 199633519.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996019.38$0
Feb 19967416.98$0
Jan 199633617.07$0
Dec 199528317.19$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 199423417.56$0
Jun 1994017.09$0
May 199426315.88$0
Apr 199422514.14$0
Mar 199424812.46$0
Feb 199423812.50$0
Jan 199419812.66$0
Dec 199315612.33$0
Nov 199317814.49$0
Oct 199323915.85$0
Sep 199321215.03$0
Aug 199324515.66$0
Jul 199325215.46$0
Jun 199329216.79$0
May 199311017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 199325816.93$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.

Feb 2013 — as filed, then multipliedworked
Gas                   37 Mcf  × $  3.42 =       $127

────────────────────────────────────────────────────
Month total                                     $127

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/26262 is the state's own key, not one this site invented.