MARGE

Operated by BCE-MACH III LLC (P-5 40209) in the FELDMAN (MORROW LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 87024District 10Field 30526600NGPA filingGasSaveExport
Value, all time
$4.8 M
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1977-06-01
as the register files it
Field class
Gas
the register's own label
Between wells
3,735 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 09/01/2002.

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
GasProduction1,825,519 Mcf$4,847,555
Total$4,847,555

650,001 Mcf of this lease's gas, across 48 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 36.0226, -100.0989. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.02256, -100.09892 · 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
11,750 ft
1 wells filed one
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.

How deep they were drilled

The one well that filed a depth was drilled to 11,750 ft.

Completions filed
Jan 1980
1 of 1 wells

1 well

42-21131122111,750 ftJan 1980

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 201616742.492.64$442
Oct 201649146.193.09$1,517
Sep 201666441.553.10$2,059
Aug 201635841.442.92$1,047
Jul 201649041.622.92$1,433
Jun 201698045.352.69$2,632
May 201699642.521.99$1,983
Apr 201693736.561.99$1,866
Mar 20161,23933.011.79$2,223
Feb 201690826.472.06$1,874
Jan 20161,84627.352.36$4,365
Dec 201567832.362.00$1,357
Nov 20151,46538.792.17$3,175
Oct 20151,68843.552.43$4,096
Sep 20151,98342.992.76$5,470
Aug 20151,25940.162.87$3,616
Jul 20158848.152.95$259
Jun 201584556.152.88$2,436
May 201552255.212.96$1,543
Apr 20151,00749.822.71$2,726
Mar 20151,54142.892.93$4,522
Feb 201518644.662.98$554
Jan 201563443.433.10$1,966
Dec 201457754.693.59$2,072
Nov 201477470.464.25$3,291
Oct 20141,12278.303.90$4,377
Sep 20141,03286.164.05$4,175
Aug 201489889.394.04$3,624
Jul 201457596.564.18$2,403
Jun 201480698.164.74$3,818
May 20143,15994.734.73$14,931
Apr 20144,80795.944.81$23,117
Mar 20144,69995.895.06$23,762
Feb 20142,74197.406.19$16,972
Jan 20143,28290.404.86$15,953
Dec 20132,30891.824.35$10,050
Nov 20133,39188.853.74$12,677
Oct 20134,21497.423.78$15,926
Sep 20134,169104.113.72$15,499
Aug 20134,352104.253.52$15,330
Jul 20133,691102.523.72$13,722
Jun 20133,92994.403.93$15,454
May 20132,61694.834.15$10,854
Apr 20134,33293.964.28$18,552
Mar 20133,49893.623.91$13,687
Feb 20132,87491.233.42$9,829
Jan 20133,40991.603.42$11,658
Dec 20123,69686.773.42$12,641
Nov 20124,85086.953.62$17,581
Oct 20125,18989.383.40$17,641
Sep 20124,34994.672.92$12,692
Aug 20124,40092.662.91$12,796
Jul 20124,67485.133.02$14,119
Jun 20124,72779.822.52$11,908
May 20124,18091.612.49$10,401
Apr 20123,843101.652.00$7,674
Mar 20121,884105.052.22$4,186
Feb 20122,186101.102.57$5,619
Jan 20122,54098.092.73$6,945
Dec 20111,14296.873.24$3,700
Nov 20112,77495.723.31$9,185
Oct 20112,02884.983.65$7,399
Sep 20112,33183.623.99$9,291
Aug 20112,22883.404.15$9,245
Jul 20112,56794.144.52$11,596
Jun 20112,66792.904.64$12,375
May 20113,69698.134.40$16,280
Apr 20113,956105.964.33$17,142
Mar 20114,32096.364.06$17,528
Feb 20111,64185.644.18$6,859
Jan 20114,38586.504.59$20,122
Dec 20102,25285.734.35$9,791
Nov 20104,19780.843.80$15,929
Oct 20104,01778.103.51$14,095
Sep 20103,74472.633.98$14,899
Aug 20105,03373.684.42$22,243
Jul 20104,09372.554.74$19,386
Jun 20104,27570.364.91$20,992
May 20104,69671.124.24$19,889
Apr 20103,23481.694.12$13,333
Mar 20104,90478.394.39$21,522
Feb 20103,14873.585.44$17,133
Jan 20101,57674.365.96$9,399
Dec 20092,46071.445.48$13,490
Nov 20094,84774.593.75$18,184
Oct 20093,89872.544.11$16,022
Sep 20094,34065.543.06$13,301
Aug 20094,84167.423.22$15,581
Jul 20094,63361.133.46$16,051
Jun 20094,17066.163.90$16,242
May 20094,17754.743.93$16,398
Apr 20093,37846.773.59$12,119
Mar 20094,21742.144.06$17,117
Feb 20094,31332.814.63$19,982
Jan 20093,57235.865.37$19,185
Dec 20083,93537.105.98$23,520
Nov 20085,16755.496.86$35,447
Oct 20084,53375.246.92$31,377
Sep 20085,252101.767.88$41,370
Aug 20085,069114.228.48$43,000
Jul 20083,903131.0811.39$44,453
Jun 20083,163131.3313.03$41,222
May 20083,256123.1711.57$37,686
Apr 20083,620110.3110.45$37,847
Mar 20084,184101.909.66$40,434
Feb 20083,06992.538.77$26,917
Jan 20083,62390.388.21$29,729
Dec 20073,23888.337.30$23,644
Nov 20073,97491.677.29$28,977
Oct 20074,02382.856.92$27,847
Sep 20073,92575.846.24$24,508
Aug 20073,59569.066.39$22,965
Jul 20074,10770.906.39$26,235
Jun 20072,47562.007.55$18,682
May 20072,15358.747.85$16,893
Apr 20072,69059.617.81$20,996
Mar 20074,23456.927.30$30,917
Feb 20073,65755.108.22$30,046
Jan 20074,17750.306.73$28,098
Dec 20065,30456.656.92$36,695
Nov 20064,94754.207.62$37,684
Oct 20065,53154.906.01$33,262
Sep 20064,48660.085.04$22,597
Aug 20063,50568.717.34$25,726
Jul 20064,27069.376.34$27,084
Jun 20065,07966.286.38$32,424
May 20064,30366.016.42$27,647
Apr 20063,91964.397.36$28,846
Mar 20062,10556.707.08$14,910
Feb 20061,13057.597.75$8,759
Jan 20061,77160.598.93$15,821
Dec 20052,13254.9413.42$28,602
Nov 20052,59254.6910.59$27,445
Oct 20051,25658.3413.80$17,327
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 20044,02339.866.75$27,160
Nov 20041,87145.286.33$11,844
Oct 20041,46449.706.52$9,538
Sep 20041,32443.245.28$6,996
Aug 20042,69942.375.55$14,981
Jul 20042,83338.286.08$17,236
Jun 20043,35236.106.43$21,563
May 20043,35337.486.49$21,776
Apr 20044,13034.475.86$24,195
Mar 20044,62034.365.53$25,549
Feb 20045,76632.455.51$31,768
Jan 20045,70532.036.30$35,939
Dec 20036,37530.266.30$40,173
Nov 20036,00228.804.60$27,580
Oct 20035,11928.174.76$24,365
Sep 20037,17526.314.75$34,077
Aug 20037,19529.765.13$36,908
Jul 20037,21329.415.17$37,297
Jun 20035,48228.565.98$32,799
May 20036,97026.595.97$41,630
Apr 20036,70526.675.41$36,256
Mar 20036,78031.146.10$41,331
Feb 20037,38633.487.93$58,541
Jan 20038,41330.315.58$46,962
Dec 20026,73626.914.85$32,695
Nov 20026,68824.664.14$27,668
Oct 20026,49126.464.23$27,451
Sep 20026,37527.443.64$23,174
Aug 2002025.963.16$0
Jul 20027,13324.583.06$21,840
Jun 20026,86023.733.34$22,900
May 20026,96524.663.58$24,963
Apr 20026,79823.653.51$23,877
Mar 20027,36722.003.10$22,858
Feb 20026,67618.222.38$15,860
Jan 20028,33317.172.38$19,797
Dec 20018,38216.932.36$19,818
Nov 20017,85318.072.41$18,891
Oct 20017,91819.782.53$20,024
Sep 20018,02224.262.25$18,060
Aug 20018,81724.873.05$26,920
Jul 20018,65823.933.20$27,680
Jun 20018,09224.563.82$30,945
May 20018,79825.524.31$37,896
Apr 20018,75224.685.34$46,695
Mar 20019,53124.545.38$51,243
Feb 20018,24027.755.77$47,521
Jan 20019,07527.478.40$76,219
Dec 20009,54726.889.12$87,093
Nov 20009,77032.215.66$55,279
Oct 20009,62431.235.15$49,520
Sep 20008,35031.875.19$43,307
Aug 20008,89929.644.54$40,408
Jul 20009,22228.534.09$37,716
Jun 20009,00829.304.40$39,610
May 20009,65227.263.68$35,517
Apr 20009,47324.513.12$29,518
Mar 20009,00828.422.86$25,761
Feb 20009,14527.622.73$24,934
Jan 200010,13725.272.48$25,145
Dec 19999,48124.282.42$22,979
Nov 19998,82323.192.43$21,475
Oct 19999,70420.982.80$27,207
Sep 19998,84621.752.62$23,166
Aug 19999,89419.262.88$28,451
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 19998,31215.792.32$19,292
Apr 19999,09415.102.21$20,080
Mar 19999,64212.471.84$17,725
Feb 19997,9979.981.82$14,537
Jan 19999,58310.381.90$18,207
Dec 199810,2519.201.77$18,178
Nov 199810,47110.892.19$22,887
Oct 19989,24612.421.97$18,207
Sep 199811,72512.592.08$24,419
Aug 199812,13111.301.91$23,138
Jul 199813,02911.742.24$29,149
Jun 1998011.242.24$0
May 199815,07912.622.21$33,269
Apr 19985,60313.042.51$14,037
Mar 19981,47312.802.31$3,402
Feb 199810,17813.952.30$23,401
Jan 19989,74014.702.15$20,988
Dec 199713,84716.322.41$33,387
Nov 199713,29218.193.09$41,049
Oct 199711,96919.253.15$37,700
Sep 199712,56917.742.95$37,140
Aug 199713,89617.862.55$35,501
Jul 199713,42117.582.25$30,156
Jun 199714,37317.242.26$32,443
May 199714,66018.972.31$33,843
Apr 199712,59117.882.08$26,224
Mar 199713,61918.951.94$26,409
Feb 199712,10020.492.21$26,691
Jan 199710,68223.483.54$37,811
Dec 199610,98523.32$0
Nov 199610,81221.97$0
Oct 199612,22423.31$0
Sep 199612,67422.22$0
Aug 199612,66820.26$0
Jul 199612,99819.55$0
Jun 199612,39018.73$0
May 199612,15619.43$0
Apr 199613,05021.51$0
Mar 199612,19319.38$0
Feb 199610,66416.98$0
Jan 19969,61617.07$0
Dec 199513,47817.19$0
Nov 199514,14316.00$0
Oct 199514,38315.43$0
Sep 199515,77516.18$0
Aug 199515,15515.92$0
Jul 19951,48215.24$0
Jun 199514,79116.41$0
May 199513,16117.56$0
Apr 199515,13517.73$0
Mar 199515,79816.44$0
Feb 199516,17216.58$0
Jan 199513,00115.92$0
Dec 199413,26815.03$0
Nov 199411,37415.90$0
Oct 19949,44715.58$0
Sep 19945,30515.29$0
Aug 199411,74116.13$0
Jul 199416,62717.56$0
Jun 199418,25417.09$0
May 199416,58215.88$0
Apr 199415,21114.14$0
Mar 199416,00512.46$0
Feb 199414,72612.50$0
Jan 199415,13612.66$0
Dec 199316,22112.33$0
Nov 199313,35814.49$0
Oct 199313,57815.85$0
Sep 199314,17915.03$0
Aug 199314,49715.66$0
Jul 199314,56915.46$0
Jun 199313,54816.79$0
May 199316,06317.68$0
Apr 199316,35618.05$0
Mar 199317,61018.14$0
Feb 199315,07717.90$0
Jan 199316,36516.93$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.

Nov 2016 — as filed, then multipliedworked
Gas                  167 Mcf  × $  2.64 =       $442

────────────────────────────────────────────────────
Month total                                     $442

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/87024 is the state's own key, not one this site invented.