MAGNOLIA -A-

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 93132District 10Field 68826001NGPA filingCondensateGasSaveExport
Value, all time
$287 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
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
CondensateDisposition25 bbl$1,021
GasProduction82,492 Mcf$286,240
Total$287,262

21,665 Mcf of this lease's gas, across 45 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 35.1864, -100.0289. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.18644, -100.02892 · 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
2,125 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 2,125 ft.

Completions filed
Mar 1981
1 of 1 wells

1 well

42-4833077442,125 ftMar 1981

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130993.964.28$39
Mar 20130993.623.91$35
Feb 201308091.233.42$274
Jan 2013010791.603.42$366
Dec 2012015086.773.42$513
Nov 2012010786.953.62$388
Oct 2012011589.383.40$391
Sep 2012011494.672.92$333
Aug 2012010792.662.91$311
Jul 2012011585.133.02$347
Jun 2012015279.822.52$383
May 2012017391.612.49$430
Apr 20120210101.652.00$419
Mar 20120249105.052.22$553
Feb 20120236101.102.57$607
Jan 2012025898.092.73$705
Dec 2011025796.873.24$833
Nov 2011024995.723.31$825
Oct 2011026384.983.65$960
Sep 2011026483.623.99$1,052
Aug 2011027283.404.15$1,129
Jul 2011024594.144.52$1,107
Jun 2011024492.904.64$1,132
May 2011025498.134.40$1,119
Apr 20110244105.964.33$1,057
Mar 2011025296.364.06$1,022
Feb 201107685.644.18$318
Jan 2011025486.504.59$1,166
Dec 2010025685.734.35$1,113
Nov 2010025180.843.80$953
Oct 2010026878.103.51$940
Sep 2010022072.633.98$875
Aug 2010026173.684.42$1,153
Jul 2010028372.554.74$1,340
Jun 2010024270.364.91$1,188
May 2010024471.124.24$1,033
Apr 2010025281.694.12$1,039
Mar 2010025278.394.39$1,106
Feb 2010023973.585.44$1,301
Jan 2010024074.365.96$1,431
Dec 2009025571.445.48$1,398
Nov 2009024874.593.75$930
Oct 2009028172.544.11$1,155
Sep 2009028465.543.06$870
Aug 2009021167.423.22$679
Jul 2009025061.133.46$866
Jun 2009024866.163.90$966
May 2009027854.743.93$1,091
Apr 2009025646.773.59$918
Mar 2009026742.144.06$1,084
Feb 2009025032.814.63$1,158
Jan 2009027435.865.37$1,472
Dec 2008029437.105.98$1,757
Nov 2008028355.496.86$1,941
Oct 2008029775.246.92$2,056
Sep 20080293101.767.88$2,308
Aug 20080264114.228.48$2,240
Jul 20080266131.0811.39$3,030
Jun 20080308131.3313.03$4,014
May 20080174123.1711.57$2,014
Apr 200800110.3110.45$0
Mar 2008069101.909.66$667
Feb 20080192.538.77$9
Jan 2008019390.388.21$1,584
Dec 2007024488.337.30$1,782
Nov 2007022091.677.29$1,604
Oct 2007028582.856.92$1,973
Sep 2007028875.846.24$1,798
Aug 2007029669.066.39$1,891
Jul 2007029870.906.39$1,904
Jun 2007026062.007.55$1,963
May 2007029258.747.85$2,291
Apr 2007028359.617.81$2,209
Mar 2007028956.927.30$2,110
Feb 2007023955.108.22$1,964
Jan 2007027450.306.73$1,843
Dec 2006028056.656.92$1,937
Nov 2006027854.207.62$2,118
Oct 2006028654.906.01$1,720
Sep 2006027060.085.04$1,360
Aug 2006030668.717.34$2,246
Jul 2006029369.376.34$1,858
Jun 2006029166.286.38$1,858
May 2006029866.016.42$1,915
Apr 2006029764.397.36$2,186
Mar 2006029956.707.08$2,118
Feb 2006027157.597.75$2,101
Jan 2006028560.598.93$2,546
Dec 2005030554.9413.42$4,092
Nov 2005030054.6910.59$3,177
Oct 2005031758.3413.80$4,373
Sep 2005031161.4512.08$3,757
Aug 2005032361.519.80$3,164
Jul 2005031955.697.84$2,502
Jun 2005031252.337.38$2,303
May 2005032845.226.65$2,182
Apr 2005030449.207.36$2,238
Mar 2005030950.377.15$2,211
Feb 2005026545.226.31$1,673
Jan 2005028243.166.32$1,783
Dec 2004032339.866.75$2,181
Nov 2004031145.286.33$1,969
Oct 2004032149.706.52$2,091
Sep 20041332243.245.28$2,264
Aug 2004033542.375.55$1,859
Jul 20041232538.286.08$2,437
Jun 2004034736.106.43$2,232
May 2004035637.486.49$2,312
Apr 2004033234.475.86$1,945
Mar 2004031734.365.53$1,753
Feb 2004033632.455.51$1,851
Jan 2004036732.036.30$2,312
Dec 2003037730.266.30$2,376
Nov 2003031728.804.60$1,457
Oct 2003036428.174.76$1,733
Sep 2003037426.314.75$1,776
Aug 2003036929.765.13$1,893
Jul 2003038029.415.17$1,965
Jun 2003036928.565.98$2,208
May 2003037526.595.97$2,240
Apr 2003037526.675.41$2,028
Mar 2003039231.146.10$2,390
Feb 2003035633.487.93$2,822
Jan 2003036530.315.58$2,037
Dec 2002037926.914.85$1,840
Nov 2002036924.664.14$1,527
Oct 2002039726.464.23$1,679
Sep 2002035127.443.64$1,276
Aug 2002039225.963.16$1,240
Jul 2002034824.583.06$1,065
Jun 2002032823.733.34$1,095
May 2002036224.663.58$1,297
Apr 2002036723.653.51$1,289
Mar 2002037822.003.10$1,173
Feb 2002036218.222.38$860
Jan 2002039717.172.38$943
Dec 2001038916.932.36$920
Nov 2001039518.072.41$950
Oct 2001041719.782.53$1,055
Sep 2001042124.262.25$948
Aug 2001034924.873.05$1,066
Jul 2001044223.933.20$1,413
Jun 2001042024.563.82$1,606
May 2001041225.524.31$1,775
Apr 2001040524.685.34$2,161
Mar 2001041424.545.38$2,226
Feb 2001038927.755.77$2,243
Jan 2001042627.478.40$3,578
Dec 2000044726.889.12$4,078
Nov 2000044632.215.66$2,523
Oct 2000047831.235.15$2,460
Sep 2000045331.875.19$2,349
Aug 2000046129.644.54$2,093
Jul 2000046428.534.09$1,898
Jun 2000045329.304.40$1,992
May 2000043427.263.68$1,597
Apr 2000041824.513.12$1,302
Mar 2000031228.422.86$892
Feb 2000047027.622.73$1,281
Jan 2000052125.272.48$1,292
Dec 1999034124.282.42$826
Nov 19990023.192.43$0
Oct 1999013020.982.80$364
Sep 1999017921.752.62$469
Aug 1999021419.262.88$615
Jul 1999033217.892.37$788
Jun 1999045615.942.36$1,077
May 1999045115.792.32$1,047
Apr 1999047215.102.21$1,042
Mar 1999049012.471.84$901
Feb 199904329.981.82$785
Jan 1999046410.381.90$882
Dec 199804839.201.77$857
Nov 1998045210.892.19$988
Oct 1998045512.421.97$896
Sep 1998044212.592.08$921
Aug 1998041711.301.91$795
Jul 1998038511.742.24$861
Jun 1998037511.242.24$839
May 1998035312.622.21$779
Apr 1998036813.042.51$922
Mar 1998040112.802.31$926
Feb 1998039413.952.30$906
Jan 1998041014.702.15$883
Dec 1997039016.322.41$940
Nov 1997041418.193.09$1,279
Oct 1997040019.253.15$1,260
Sep 1997039917.742.95$1,179
Aug 1997036117.862.55$922
Jul 1997036517.582.25$820
Jun 1997036617.242.26$826
May 1997041318.972.31$953
Apr 1997025417.882.08$529
Mar 1997049218.951.94$954
Feb 1997047520.492.21$1,048
Jan 1997051723.483.54$1,830
Dec 1996052623.32$0
Nov 1996052521.97$0
Oct 1996056723.31$0
Sep 1996045022.22$0
Aug 1996028020.26$0
Jul 19960019.55$0
Jun 1996016618.73$0
May 1996020219.43$0
Apr 1996028221.51$0
Mar 1996053319.38$0
Feb 1996056516.98$0
Jan 1996065617.07$0
Dec 1995037917.19$0
Nov 1995012316.00$0
Oct 1995016415.43$0
Sep 1995019016.18$0
Aug 19950015.92$0
Jul 1995022815.24$0
Jun 1995031916.41$0
May 1995050517.56$0
Apr 1995050817.73$0
Mar 1995053916.44$0
Feb 1995048816.58$0
Jan 1995055515.92$0
Dec 1994056315.03$0
Nov 1994056515.90$0
Oct 1994059015.58$0
Sep 1994059515.29$0
Aug 1994058616.13$0
Jul 1994050117.56$0
Jun 19940017.09$0
May 1994058715.88$0
Apr 1994053814.14$0
Mar 1994057012.46$0
Feb 1994053512.50$0
Jan 1994046512.66$0
Dec 1993055112.33$0
Nov 1993058214.49$0
Oct 1993059315.85$0
Sep 1993057915.03$0
Aug 1993059815.66$0
Jul 1993059315.46$0
Jun 1993060816.79$0
May 1993060717.68$0
Apr 1993062118.05$0
Mar 1993067018.14$0
Feb 1993062717.90$0
Jan 1993019116.93$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.

Apr 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 93.96 =         $0
Gas                    9 Mcf  × $  4.28 =        $39

────────────────────────────────────────────────────
Month total                                      $39

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/93132 is the state's own key, not one this site invented.