BUBBA

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 98737District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$471 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
GasProduction152,845 Mcf$470,736
Total$470,736

43,522 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 35.2435, -100.4631. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.24352, -100.46311 · 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
1,900 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 1,900 ft.

Completions filed
Jan 1982
1 of 1 wells

1 well

42-4833094211,900 ftJan 1982

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 2013293.964.28$9
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 20131991.603.42$65
Dec 20122486.773.42$82
Nov 20121986.953.62$69
Oct 2012189.383.40$3
Sep 20122194.672.92$61
Aug 20121992.662.91$55
Jul 20123085.133.02$91
Jun 20123379.822.52$83
May 20124391.612.49$107
Apr 201246101.652.00$92
Mar 201266105.052.22$147
Feb 201268101.102.57$175
Jan 20122898.092.73$77
Dec 201113696.873.24$441
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 20116483.404.15$266
Jul 2011094.144.52$0
Jun 2011392.904.64$14
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 20114196.364.06$166
Feb 20116285.644.18$259
Jan 201115786.504.59$720
Dec 201031885.734.35$1,383
Nov 201033080.843.80$1,252
Oct 201013378.103.51$467
Sep 201011772.633.98$466
Aug 201034073.684.42$1,503
Jul 201036572.554.74$1,729
Jun 201033170.364.91$1,625
May 201026171.124.24$1,105
Apr 201031081.694.12$1,278
Mar 201041878.394.39$1,834
Feb 201035573.585.44$1,932
Jan 201033974.365.96$2,022
Dec 200933871.445.48$1,854
Nov 200937474.593.75$1,403
Oct 200942372.544.11$1,739
Sep 200939765.543.06$1,217
Aug 200929067.423.22$933
Jul 200929861.133.46$1,032
Jun 200933766.163.90$1,313
May 200928854.743.93$1,131
Apr 200934746.773.59$1,245
Mar 200928742.144.06$1,165
Feb 200939332.814.63$1,821
Jan 200947835.865.37$2,567
Dec 200842037.105.98$2,510
Nov 200822955.496.86$1,571
Oct 200822575.246.92$1,557
Sep 2008118101.767.88$930
Aug 2008223114.228.48$1,892
Jul 2008210131.0811.39$2,392
Jun 2008351131.3313.03$4,574
May 2008402123.1711.57$4,653
Apr 2008379110.3110.45$3,962
Mar 2008448101.909.66$4,330
Feb 200839292.538.77$3,438
Jan 200836590.388.21$2,995
Dec 200744988.337.30$3,279
Nov 200735091.677.29$2,552
Oct 200748182.856.92$3,329
Sep 200741475.846.24$2,585
Aug 200738569.066.39$2,459
Jul 200744370.906.39$2,830
Jun 200739462.007.55$2,974
May 200749858.747.85$3,907
Apr 200755259.617.81$4,308
Mar 200746256.927.30$3,374
Feb 200718455.108.22$1,512
Jan 20077950.306.73$531
Dec 200645256.656.92$3,127
Nov 200655654.207.62$4,235
Oct 200655454.906.01$3,332
Sep 200657060.085.04$2,871
Aug 200642768.717.34$3,134
Jul 200621669.376.34$1,370
Jun 200634866.286.38$2,222
May 200639766.016.42$2,551
Apr 200660964.397.36$4,483
Mar 200656456.707.08$3,995
Feb 200656457.597.75$4,372
Jan 200662560.598.93$5,583
Dec 200556154.9413.42$7,526
Nov 200553354.6910.59$5,644
Oct 200555258.3413.80$7,615
Sep 200547861.4512.08$5,774
Aug 200558261.519.80$5,702
Jul 200548555.697.84$3,804
Jun 200537252.337.38$2,746
May 200513845.226.65$918
Apr 200527549.207.36$2,024
Mar 200549050.377.15$3,506
Feb 200549945.226.31$3,150
Jan 200542743.166.32$2,700
Dec 200431939.866.75$2,154
Nov 200437645.286.33$2,380
Oct 200443249.706.52$2,815
Sep 200455343.245.28$2,922
Aug 200453542.375.55$2,970
Jul 200458038.286.08$3,529
Jun 200449536.106.43$3,184
May 200466837.486.49$4,338
Apr 200462634.475.86$3,667
Mar 200419734.365.53$1,089
Feb 200429532.455.51$1,625
Jan 200433632.036.30$2,117
Dec 200327630.266.30$1,739
Nov 200317028.804.60$781
Oct 200339728.174.76$1,890
Sep 20032826.314.75$133
Aug 200315229.765.13$780
Jul 200355929.415.17$2,891
Jun 200355428.565.98$3,315
May 200346526.595.97$2,777
Apr 200369326.675.41$3,747
Mar 200349031.146.10$2,987
Feb 200330833.487.93$2,441
Jan 200367230.315.58$3,751
Dec 200262226.914.85$3,019
Nov 200260424.664.14$2,499
Oct 200260226.464.23$2,546
Sep 200256927.443.64$2,068
Aug 200268825.963.16$2,177
Jul 200256924.583.06$1,742
Jun 200267323.733.34$2,247
May 200277324.663.58$2,770
Apr 200271623.653.51$2,515
Mar 200237722.003.10$1,170
Feb 200256518.222.38$1,342
Jan 200263017.172.38$1,497
Dec 200174216.932.36$1,754
Nov 200176318.072.41$1,835
Oct 200180319.782.53$2,031
Sep 200162724.262.25$1,412
Aug 200171824.873.05$2,192
Jul 200173223.933.20$2,340
Jun 200181224.563.82$3,105
May 200178325.524.31$3,373
Apr 200181424.685.34$4,343
Mar 200184424.545.38$4,538
Feb 200153927.755.77$3,108
Jan 200184627.478.40$7,105
Dec 200094026.889.12$8,575
Nov 200096432.215.66$5,454
Oct 200080831.235.15$4,158
Sep 200081631.875.19$4,232
Aug 200089929.644.54$4,082
Jul 200098128.534.09$4,012
Jun 200051829.304.40$2,278
May 200095827.263.68$3,525
Apr 200098824.513.12$3,079
Mar 200098828.422.86$2,825
Feb 200089627.622.73$2,443
Jan 20001,14425.272.48$2,838
Dec 19991,14224.282.42$2,768
Nov 199993323.192.43$2,271
Oct 19991,03720.982.80$2,907
Sep 19991,04021.752.62$2,724
Aug 199994819.262.88$2,726
Jul 199982217.892.37$1,950
Jun 199995315.942.36$2,251
May 199995215.792.32$2,210
Apr 199981115.102.21$1,791
Mar 19991,16312.471.84$2,138
Feb 19999359.981.82$1,700
Jan 19991,07010.381.90$2,033
Dec 19981,0379.201.77$1,839
Nov 19981,30410.892.19$2,850
Oct 19981,34712.421.97$2,653
Sep 19981,34712.592.08$2,805
Aug 19981,06611.301.91$2,033
Jul 199895811.742.24$2,143
Jun 19981,19811.242.24$2,680
May 19981,40912.622.21$3,109
Apr 19981,21113.042.51$3,034
Mar 19981,49012.802.31$3,441
Feb 19981,16013.952.30$2,667
Jan 199895814.702.15$2,064
Dec 19971,40116.322.41$3,378
Nov 19971,18818.193.09$3,669
Oct 19971,33419.253.15$4,202
Sep 19971,76017.742.95$5,201
Aug 19971,37717.862.55$3,518
Jul 19971,38117.582.25$3,103
Jun 19971,82717.242.26$4,124
May 19971,06018.972.31$2,447
Apr 19971,36017.882.08$2,833
Mar 19971,26718.951.94$2,457
Feb 19971,55820.492.21$3,437
Jan 19971,55623.483.54$5,508
Dec 19961,76023.32$0
Nov 19961,66021.97$0
Oct 19961,73523.31$0
Sep 199669922.22$0
Aug 19961,79820.26$0
Jul 19961,55719.55$0
Jun 19962,07118.73$0
May 19962,13119.43$0
Apr 19962,15421.51$0
Mar 19961,75219.38$0
Feb 19962,20816.98$0
Jan 19962,57217.07$0
Dec 199569017.19$0
Nov 199555416.00$0
Oct 199558115.43$0
Sep 19951,19116.18$0
Aug 199594315.92$0
Jul 19956715.24$0
Jun 199516916.41$0
May 199564517.56$0
Apr 199545817.73$0
Mar 199538116.44$0
Feb 199539316.58$0
Jan 199586115.92$0
Dec 199482215.03$0
Nov 199494715.90$0
Oct 199487415.58$0
Sep 19941,03615.29$0
Aug 199497216.13$0
Jul 19941,13017.56$0
Jun 199473517.09$0
May 199437215.88$0
Apr 199419514.14$0
Mar 199414412.46$0
Feb 199449212.50$0
Jan 199467512.66$0
Dec 199394012.33$0
Nov 199393314.49$0
Oct 199382815.85$0
Sep 199363015.03$0
Aug 19933315.66$0
Jul 199351115.46$0
Jun 199345216.79$0
May 199313017.68$0
Apr 1993118.05$0
Mar 199362218.14$0
Feb 199322717.90$0
Jan 199379116.93$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
Gas                    2 Mcf  × $  4.28 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/98737 is the state's own key, not one this site invented.