MARTIN -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 33401District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$304 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
GasProduction87,813 Mcf$303,868
Total$303,868

16,949 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.

Completions filed
Jan 1964
1 of 1 wells

1 well

42-483804111Jan 1964

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 2026138106.413.05$420
Apr 202610398.932.87$296
Mar 202611689.753.15$365
Feb 202612663.503.75$473
Jan 202617059.138.00$1,360
Dec 202514756.664.41$649
Nov 202513558.593.93$530
Oct 202514859.383.30$489
Sep 202510162.743.08$311
Aug 20258663.933.01$259
Jul 202511266.743.32$371
Jun 20259566.483.13$297
May 202512860.553.23$414
Apr 202512262.363.54$432
Mar 202512267.704.27$521
Feb 202510870.884.34$469
Jan 202514974.324.28$638
Dec 202414568.993.12$453
Nov 202411669.052.20$255
Oct 202412571.372.28$285
Sep 20248069.612.36$189
Aug 202412575.632.06$258
Jul 202412979.932.15$277
Jun 202413578.082.63$356
May 202417278.812.20$378
Apr 202411884.451.66$196
Mar 202412180.301.55$187
Feb 202412476.091.78$221
Jan 20249173.023.30$300
Dec 202314271.262.61$371
Nov 202312777.892.81$357
Oct 202312485.443.09$383
Sep 202313389.042.74$364
Aug 202314380.522.67$382
Jul 202312874.852.64$338
Jun 202313668.962.26$307
May 202314070.622.23$312
Apr 20239078.122.24$201
Mar 20231072.852.39$24
Feb 20235375.112.47$131
Jan 202313076.533.39$440
Dec 202214676.415.73$836
Nov 202218385.005.65$1,033
Oct 202216387.185.86$956
Sep 202213484.888.16$1,094
Aug 202215194.529.13$1,378
Jul 2022152101.587.54$1,146
Jun 2022141115.097.98$1,125
May 2022150109.378.43$1,265
Apr 2022149104.226.84$1,019
Mar 2022170108.885.08$863
Feb 202214091.054.86$680
Jan 202217081.844.54$771
Dec 202116371.323.90$636
Nov 202117677.435.24$922
Oct 202115479.795.71$880
Sep 202114869.865.35$792
Aug 202116866.024.22$709
Jul 2021070.783.98$0
Jun 202115269.493.38$514
May 202116563.483.02$498
Apr 2021060.362.76$0
Mar 202116961.302.72$459
Feb 202115957.805.55$882
Jan 202119150.412.81$537
Dec 202016044.642.68$428
Nov 202022038.772.71$595
Oct 202013336.972.48$330
Sep 202014137.091.99$281
Aug 202016239.982.39$386
Jul 202014638.371.83$266
Jun 202014334.901.69$242
May 202016216.921.81$294
Apr 202013114.751.80$236
Mar 202016330.341.86$303
Feb 202016249.881.98$321
Jan 202014757.252.09$308
Dec 201916059.012.30$369
Nov 201915555.302.75$426
Oct 201916053.472.42$387
Sep 201916055.052.66$425
Aug 201916853.112.30$387
Jul 201914256.272.46$349
Jun 201913952.782.49$346
May 201915858.482.74$433
Apr 201913862.632.75$380
Mar 201917756.803.06$542
Feb 201914250.852.79$397
Jan 201917546.033.23$565
Dec 201815746.594.19$657
Nov 201817252.934.24$729
Oct 201814361.443.40$486
Sep 201815459.543.11$479
Aug 201816859.403.07$515
Jul 201815465.142.93$452
Jun 201815960.183.08$489
May 201816665.382.90$482
Apr 201815663.842.90$453
Mar 201816661.222.79$463
Feb 201813361.782.77$368
Jan 201817662.874.01$706
Dec 201715857.272.92$462
Nov 201717655.423.12$549
Oct 201715449.292.98$459
Sep 201715947.523.09$491
Aug 201714545.373.00$436
Jul 201714943.873.09$460
Jun 201714742.493.09$454
May 201716145.373.26$525
Apr 201714347.933.21$459
Mar 201715946.772.98$474
Feb 201714350.452.95$422
Jan 201716749.413.42$571
Dec 201616248.763.72$603
Nov 201616242.492.64$428
Oct 201617346.193.09$535
Sep 201616641.553.10$515
Aug 201616841.442.92$491
Jul 201617941.622.92$523
Jun 201616445.352.69$440
May 201617542.521.99$348
Apr 201614336.561.99$285
Mar 201614833.011.79$266
Feb 201616226.472.06$334
Jan 201616727.352.36$395
Dec 201518332.362.00$366
Nov 201516438.792.17$355
Oct 201515943.552.43$386
Sep 201514942.992.76$411
Aug 201516640.162.87$477
Jul 201517748.152.95$521
Jun 201516856.152.88$484
May 201516855.212.96$497
Apr 201516349.822.71$441
Mar 201517042.892.93$499
Feb 201511344.662.98$336
Jan 201518143.433.10$561
Dec 201415054.693.59$539
Nov 201415570.464.25$659
Oct 201416478.303.90$640
Sep 201414686.164.05$591
Aug 201417389.394.04$698
Jul 201415796.564.18$656
Jun 201414998.164.74$706
May 201415694.734.73$737
Apr 201414995.944.81$717
Mar 201416995.895.06$855
Feb 201416697.406.19$1,028
Jan 201418990.404.86$919
Dec 201316891.824.35$732
Nov 201315588.853.74$579
Oct 201314697.423.78$552
Sep 2013152104.113.72$565
Aug 2013159104.253.52$560
Jul 2013158102.523.72$587
Jun 201315394.403.93$602
May 201315194.834.15$627
Apr 201314993.964.28$638
Mar 201316293.623.91$634
Feb 201315491.233.42$527
Jan 201316191.603.42$551
Dec 201218386.773.42$626
Nov 201215786.953.62$569
Oct 201214689.383.40$496
Sep 201214894.672.92$432
Aug 201215292.662.91$442
Jul 201217685.133.02$532
Jun 201216979.822.52$426
May 201216891.612.49$418
Apr 2012177101.652.00$353
Mar 2012187105.052.22$416
Feb 2012185101.102.57$475
Jan 201219798.092.73$539
Dec 201119696.873.24$635
Nov 201117695.723.31$583
Oct 201117984.983.65$653
Sep 201117783.623.99$705
Aug 201117183.404.15$710
Jul 201118194.144.52$818
Jun 201117292.904.64$798
May 201118698.134.40$819
Apr 2011191105.964.33$828
Mar 201119196.364.06$775
Feb 201118185.644.18$757
Jan 201121286.504.59$973
Dec 201019285.734.35$835
Nov 201016980.843.80$641
Oct 201032578.103.51$1,140
Sep 201032972.633.98$1,309
Aug 201035073.684.42$1,547
Jul 201034272.554.74$1,620
Jun 201035170.364.91$1,724
May 201035171.124.24$1,487
Apr 201022681.694.12$932
Mar 201021078.394.39$922
Feb 201019973.585.44$1,083
Jan 201022274.365.96$1,324
Dec 200922571.445.48$1,234
Nov 200915674.593.75$585
Oct 200922972.544.11$941
Sep 200921365.543.06$653
Aug 200916267.423.22$521
Jul 200914761.133.46$509
Jun 200913666.163.90$530
May 200920954.743.93$820
Apr 200918646.773.59$667
Mar 200920942.144.06$848
Feb 200919932.814.63$922
Jan 200923135.865.37$1,241
Dec 200821237.105.98$1,267
Nov 200821355.496.86$1,461
Oct 200821775.246.92$1,502
Sep 2008219101.767.88$1,725
Aug 2008211114.228.48$1,790
Jul 2008191131.0811.39$2,175
Jun 2008199131.3313.03$2,593
May 2008207123.1711.57$2,396
Apr 2008210110.3110.45$2,196
Mar 2008227101.909.66$2,194
Feb 200820892.538.77$1,824
Jan 200825190.388.21$2,060
Dec 200727388.337.30$1,993
Nov 200717991.677.29$1,305
Oct 200717382.856.92$1,198
Sep 200719775.846.24$1,230
Aug 200721869.066.39$1,393
Jul 200726270.906.39$1,674
Jun 200710862.007.55$815
May 200721558.747.85$1,687
Apr 200721659.617.81$1,686
Mar 200724656.927.30$1,796
Feb 200716055.108.22$1,315
Jan 200723650.306.73$1,588
Dec 200625056.656.92$1,730
Nov 200622854.207.62$1,737
Oct 200617854.906.01$1,070
Sep 20068360.085.04$418
Aug 200619568.717.34$1,431
Jul 200620669.376.34$1,307
Jun 200621366.286.38$1,360
May 200619066.016.42$1,221
Apr 200621664.397.36$1,590
Mar 200623856.707.08$1,686
Feb 200617757.597.75$1,372
Jan 200622960.598.93$2,046
Dec 200526154.9413.42$3,501
Nov 200521654.6910.59$2,287
Oct 200522458.3413.80$3,090
Sep 200521861.4512.08$2,633
Aug 200522761.519.80$2,224
Jul 200522655.697.84$1,773
Jun 200523052.337.38$1,698
May 200522745.226.65$1,510
Apr 200523049.207.36$1,693
Mar 200523750.377.15$1,696
Feb 200519745.226.31$1,243
Jan 200519043.166.32$1,201
Dec 200425139.866.75$1,695
Nov 200422645.286.33$1,431
Oct 200424049.706.52$1,564
Sep 200423343.245.28$1,231
Aug 200424442.375.55$1,354
Jul 200424338.286.08$1,478
Jun 200424136.106.43$1,550
May 200424237.486.49$1,572
Apr 200423334.475.86$1,365
Mar 200424934.365.53$1,377
Feb 200424932.455.51$1,372
Jan 200426332.036.30$1,657
Dec 200326430.266.30$1,664
Nov 200324028.804.60$1,103
Oct 200323928.174.76$1,138
Sep 200324126.314.75$1,145
Aug 200324629.765.13$1,262
Jul 200325529.415.17$1,319
Jun 200324028.565.98$1,436
May 200325226.595.97$1,505
Apr 200324726.675.41$1,336
Mar 200327431.146.10$1,670
Feb 200323933.487.93$1,894
Jan 200328030.315.58$1,563
Dec 200227726.914.85$1,344
Nov 200224924.664.14$1,030
Oct 200226126.464.23$1,104
Sep 200225627.443.64$931
Aug 200225925.963.16$820
Jul 200224024.583.06$735
Jun 200224423.733.34$815
May 200225624.663.58$918
Apr 200225223.653.51$885
Mar 200226822.003.10$832
Feb 200223418.222.38$556
Jan 200225817.172.38$613
Dec 200119716.932.36$466
Nov 200125618.072.41$616
Oct 200128319.782.53$716
Sep 200130424.262.25$684
Aug 200123324.873.05$711
Jul 200123323.933.20$745
Jun 200125324.563.82$968
May 200128025.524.31$1,206
Apr 200123724.685.34$1,264
Mar 200128724.545.38$1,543
Feb 200123427.755.77$1,350
Jan 200131927.478.40$2,679
Dec 200033826.889.12$3,083
Nov 200029432.215.66$1,663
Oct 200031631.235.15$1,626
Sep 200021431.875.19$1,110
Aug 200027529.644.54$1,249
Jul 200028128.534.09$1,149
Jun 200030129.304.40$1,324
May 200026527.263.68$975
Apr 200026024.513.12$810
Mar 200029028.422.86$829
Feb 200027427.622.73$747
Jan 200029825.272.48$739
Dec 199931324.282.42$759
Nov 199927323.192.43$664
Oct 199927820.982.80$779
Sep 199927821.752.62$728
Aug 199929519.262.88$848
Jul 199930417.892.37$721
Jun 199929015.942.36$685
May 199932015.792.32$743
Apr 199932615.102.21$720
Mar 199934412.471.84$632
Feb 19992889.981.82$524
Jan 199939010.381.90$741
Dec 19984779.201.77$846
Nov 199832010.892.19$699
Oct 199829612.421.97$583
Sep 199829012.592.08$604
Aug 199833511.301.91$639
Jul 199831311.742.24$700
Jun 199830911.242.24$691
May 199828112.622.21$620
Apr 199827713.042.51$694
Mar 199833212.802.31$767
Feb 199831113.952.30$715
Jan 199834114.702.15$735
Dec 199735516.322.41$856
Nov 199738618.193.09$1,192
Oct 199730919.253.15$973
Sep 199730517.742.95$901
Aug 199740217.862.55$1,027
Jul 199737017.582.25$831
Jun 199737417.242.26$844
May 199736118.972.31$833
Apr 199725617.882.08$533
Mar 199734418.951.94$667
Feb 199733420.492.21$737
Jan 199735323.483.54$1,250
Dec 199633723.32$0
Nov 199636221.97$0
Oct 199631923.31$0
Sep 199631522.22$0
Aug 199633120.26$0
Jul 199632819.55$0
Jun 199634618.73$0
May 199631319.43$0
Apr 199633621.51$0
Mar 199634319.38$0
Feb 199630616.98$0
Jan 199639817.07$0
Dec 199535717.19$0
Nov 199532716.00$0
Oct 199534115.43$0
Sep 199531816.18$0
Aug 199538215.92$0
Jul 199536115.24$0
Jun 199532616.41$0
May 199533317.56$0
Apr 199536117.73$0
Mar 199538716.44$0
Feb 199535116.58$0
Jan 199540615.92$0
Dec 199440215.03$0
Nov 199438015.90$0
Oct 199437715.58$0
Sep 199438815.29$0
Aug 199426916.13$0
Jul 199436317.56$0
Jun 1994017.09$0
May 199439715.88$0
Apr 199433414.14$0
Mar 199438812.46$0
Feb 199439612.50$0
Jan 199443312.66$0
Dec 199341112.33$0
Nov 199342514.49$0
Oct 199340815.85$0
Sep 199331615.03$0
Aug 199336215.66$0
Jul 199332415.46$0
Jun 199337216.79$0
May 199335517.68$0
Apr 199335918.05$0
Mar 199341318.14$0
Feb 199337617.90$0
Jan 199341716.93$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                  138 Mcf  × $  3.05 =       $420

────────────────────────────────────────────────────
Month total                                     $420

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/33401 is the state's own key, not one this site invented.