NICHOLSON

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

Oil lease lease 2532District 10Field 68845001NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.2 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
2
oil, casinghead 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 580 leases and 3,796 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
NGPA11none

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
OilDisposition37,558 bbl$1,484,840
Casinghead gasProduction234,924 Mcf$727,800
Total$2,212,640

61,083 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 (11)

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 35.3742, -101.1895. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.37454, -101.19002 · 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 11 wells
With a plug date
0.0%
0 of 11 wells
Median depth
3,140 ft
7 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.
11100.0%

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

Total depth in feet, 7 of 11 wells. Median 3,140 ft, with the middle half between 3,133 and 3,259 ft; the shallowest is 3,010 ft and the deepest 3,500 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 10 of 11 wells, Jul 1960 – Jan 1985. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 1960 – Jan 1985
10 of 11 wells; 1 filed none

11 wells

42-065821763
42-0650141823,500 ftJan 1985
42-06531489113,258 ftAug 1984
42-06531192103,260 ftJul 1982
42-0653065593,135 ftNov 1978
42-0653062483,140 ftJul 1978
42-0653038573,130 ftSep 1977
42-065821796Jul 1968
42-065821785Jan 1968
42-065821774Apr 1965
42-0650141613,010 ftJul 1960

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 2019165059.012.30$9,737
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019159055.052.66$8,753
Aug 20190053.112.30$0
Jul 2019135056.272.46$7,596
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019146062.632.75$9,144
Mar 20190056.803.06$0
Feb 2019151050.852.79$7,678
Jan 201901646.033.23$52
Dec 201815612846.594.19$7,804
Nov 2018035752.934.24$1,513
Oct 20189536861.443.40$7,087
Sep 201815051659.543.11$10,535
Aug 2018055259.403.07$1,693
Jul 201813946865.142.93$10,427
Jun 2018016560.183.08$508
May 2018012865.382.90$371
Apr 201805563.842.90$160
Mar 201875661.222.79$585
Feb 2018028661.782.77$791
Jan 2018017062.874.01$682
Dec 2017011057.272.92$321
Nov 201717115455.423.12$9,957
Oct 2017016349.292.98$486
Sep 2017015047.523.09$463
Aug 2017017645.373.00$529
Jul 2017021243.873.09$655
Jun 2017017842.493.09$550
May 2017013745.373.26$447
Apr 2017010847.933.21$347
Mar 2017037846.772.98$1,128
Feb 2017045050.452.95$1,329
Jan 2017031149.413.42$1,063
Dec 2016022248.763.72$826
Nov 2016021142.492.64$558
Oct 2016024346.193.09$751
Sep 201608641.553.10$267
Aug 201601041.442.92$29
Jul 20167826241.622.92$4,013
Jun 2016022045.352.69$591
May 201608542.521.99$169
Apr 2016026136.561.99$520
Mar 2016086333.011.79$1,548
Feb 2016035426.472.06$731
Jan 2016034527.352.36$816
Dec 2015034532.362.00$690
Nov 2015019938.792.17$431
Oct 201512929543.552.43$6,334
Sep 2015028042.992.76$772
Aug 2015050840.162.87$1,459
Jul 2015048348.152.95$1,422
Jun 2015054756.152.88$1,577
May 2015041655.212.96$1,229
Apr 2015061349.822.71$1,659
Mar 201514249142.892.93$7,531
Feb 201514639844.662.98$7,705
Jan 2015045943.433.10$1,423
Dec 201412230954.693.59$7,782
Nov 2014045770.464.25$1,943
Oct 201415233978.303.90$13,224
Sep 20140086.164.05$0
Aug 201414729489.394.04$14,327
Jul 2014046896.564.18$1,956
Jun 201418253498.164.74$20,395
May 201412061294.734.73$14,260
Apr 2014055695.944.81$2,674
Mar 201415246995.895.06$16,947
Feb 201412442197.406.19$14,684
Jan 2014048790.404.86$2,367
Dec 201312444791.824.35$13,332
Nov 2013036188.853.74$1,350
Oct 2013034797.423.78$1,311
Sep 2013151428104.113.72$17,312
Aug 20130545104.253.52$1,920
Jul 2013116537102.523.72$13,889
Jun 2013047994.403.93$1,884
May 201314943194.834.15$15,918
Apr 201311044893.964.28$12,254
Mar 201314148893.623.91$15,110
Feb 2013036991.233.42$1,262
Jan 201312546291.603.42$13,030
Dec 201212151186.773.42$12,247
Nov 2012057186.953.62$2,070
Oct 201217668989.383.40$18,073
Sep 201217649794.672.92$18,112
Aug 201217553492.662.91$17,768
Jul 201217257785.133.02$16,385
Jun 201218060379.822.52$15,887
May 201217158091.612.49$17,109
Apr 2012177608101.652.00$19,206
Mar 2012171667105.052.22$19,446
Feb 2012182582101.102.57$19,896
Jan 2012065498.092.73$1,788
Dec 201118340196.873.24$19,026
Nov 201117454795.723.31$18,467
Oct 2011056484.983.65$2,058
Sep 201117252883.623.99$16,487
Aug 201116355883.404.15$15,910
Jul 201117560194.144.52$19,189
Jun 201118049892.904.64$19,033
May 201117539198.134.40$18,895
Apr 20110441105.964.33$1,911
Mar 201118152096.364.06$19,551
Feb 201118344285.644.18$17,520
Jan 201117733586.504.59$16,848
Dec 201017116285.734.35$15,364
Nov 2010058480.843.80$2,216
Oct 201018751578.103.51$16,412
Sep 201018062472.633.98$15,557
Aug 201016960573.684.42$15,126
Jul 201018073072.554.74$16,517
Jun 201018275870.364.91$16,528
May 201017976371.124.24$15,962
Apr 201018276381.694.12$18,013
Mar 201016961078.394.39$15,925
Feb 2010047473.585.44$2,580
Jan 201035353174.365.96$29,416
Dec 2009039471.445.48$2,161
Nov 2009026574.593.75$994
Oct 200917363172.544.11$15,143
Sep 200917771465.543.06$13,789
Aug 200917717367.423.22$12,490
Jul 2009065961.133.46$2,283
Jun 200916571266.163.90$13,690
May 200916595554.743.93$12,781
Apr 2009090546.773.59$3,247
Mar 200916492542.144.06$10,666
Feb 200917269932.814.63$8,882
Jan 2009089135.865.37$4,786
Dec 200817635437.105.98$8,646
Nov 2008079555.496.86$5,454
Oct 2008086775.246.92$6,001
Sep 2008177417101.767.88$21,296
Aug 20080611114.228.48$5,183
Jul 20080566131.0811.39$6,446
Jun 20080512131.3313.03$6,673
May 200869562123.1711.57$15,003
Apr 2008176543110.3110.45$25,092
Mar 20080570101.909.66$5,509
Feb 200814754392.538.77$18,364
Jan 2008061590.388.21$5,047
Dec 200714372088.337.30$17,889
Nov 200717162291.677.29$20,211
Oct 2007069782.856.92$4,825
Sep 2007055075.846.24$3,434
Aug 2007030969.066.39$1,974
Jul 20071539370.906.39$3,574
Jun 2007019062.007.55$1,434
May 200713914658.747.85$9,310
Apr 2007031659.617.81$2,466
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007160050.306.73$8,048
Dec 2006025056.656.92$1,730
Nov 2006023254.207.62$1,767
Oct 2006024354.906.01$1,461
Sep 2006032860.085.04$1,652
Aug 2006016368.717.34$1,196
Jul 200615546469.376.34$13,695
Jun 2006063866.286.38$4,073
May 200613651366.016.42$12,273
Apr 200618245564.397.36$15,068
Mar 20066043556.707.08$6,483
Feb 2006037757.597.75$2,922
Jan 200616646460.598.93$14,203
Dec 2005042454.9413.42$5,688
Nov 200518262754.6910.59$16,593
Oct 2005078158.3413.80$10,774
Sep 200515283261.4512.08$19,390
Aug 2005024161.519.80$2,361
Jul 20055370555.697.84$8,481
Jun 2005078652.337.38$5,802
May 20058370445.226.65$8,436
Apr 2005053449.207.36$3,931
Mar 2005047450.377.15$3,391
Feb 2005071845.226.31$4,532
Jan 2005043343.166.32$2,738
Dec 200415943539.866.75$9,274
Nov 2004045545.286.33$2,880
Oct 2004057749.706.52$3,759
Sep 2004058943.245.28$3,112
Aug 200417579342.375.55$11,816
Jul 2004088338.286.08$5,372
Jun 2004088936.106.43$5,719
May 2004052137.486.49$3,384
Apr 2004062634.475.86$3,667
Mar 2004051534.365.53$2,848
Feb 2004047032.455.51$2,590
Jan 200416954232.036.30$8,827
Dec 2003068830.266.30$4,336
Nov 2003056528.804.60$2,596
Oct 2003079628.174.76$3,789
Sep 200318190326.314.75$9,051
Aug 2003095629.765.13$4,904
Jul 20031791,13329.415.17$11,123
Jun 2003057228.565.98$3,422
May 200317924726.595.97$6,235
Apr 200317544726.675.41$7,084
Mar 2003046731.146.10$2,847
Feb 200317947433.487.93$9,750
Jan 200334866230.315.58$14,243
Dec 2002052026.914.85$2,524
Nov 200217465324.664.14$6,992
Oct 2002064526.464.23$2,728
Sep 200217481627.443.64$7,741
Aug 200216769025.963.16$6,519
Jul 2002081924.583.06$2,508
Jun 200216076723.733.34$6,357
May 200201,14324.663.58$4,097
Apr 200217499323.653.51$7,603
Mar 2002087322.003.10$2,709
Feb 20020018.222.38$0
Jan 2002054317.172.38$1,290
Dec 200117664116.932.36$4,495
Nov 20011751,08118.072.41$5,763
Oct 20011761,16619.782.53$6,430
Sep 20011721,30824.262.25$7,117
Aug 200117195924.873.05$7,181
Jul 20011771,06423.933.20$7,637
Jun 200117557624.563.82$6,501
May 200117788925.524.31$8,346
Apr 200101,17424.685.34$6,264
Mar 20011781,37924.545.38$11,782
Feb 20011771,04027.755.77$10,910
Jan 20011501,18427.478.40$14,065
Dec 200001,53126.889.12$13,967
Nov 20003531,15532.215.66$17,905
Oct 2000082931.235.15$4,266
Sep 20001741,05231.875.19$11,002
Aug 20003561,31329.644.54$16,514
Jul 20001751,23328.534.09$10,035
Jun 20001751,25729.304.40$10,655
May 20001771,49527.263.68$10,326
Apr 20001831,27424.513.12$8,455
Mar 20003441,49428.422.86$14,049
Feb 2000097927.622.73$2,669
Jan 20001761,45525.272.48$8,057
Dec 19993441,34924.282.42$11,622
Nov 19991791,26523.192.43$7,230
Oct 19991751,12320.982.80$6,820
Sep 19991751,27021.752.62$7,132
Aug 19993461,28019.262.88$10,345
Jul 19991741,49017.892.37$6,648
Jun 19991811,43215.942.36$6,268
May 19991701,36815.792.32$5,859
Apr 199917350115.102.21$3,719
Mar 19991721,05412.471.84$4,082
Feb 19991709609.981.82$3,442
Jan 199917291210.381.90$3,518
Dec 19981771,1979.201.77$3,751
Nov 19981531,02410.892.19$3,904
Oct 19981771,04812.421.97$4,262
Sep 19981791,39312.592.08$5,155
Aug 19983631,42311.301.91$6,816
Jul 19981741,33911.742.24$5,038
Jun 19981751,16211.242.24$4,567
May 19983511,35812.622.21$7,426
Apr 19981671,14713.042.51$5,051
Mar 19981691,64612.802.31$5,965
Feb 19981821,71213.952.30$6,475
Jan 19983571,55914.702.15$8,607
Dec 19973291,51716.322.41$9,027
Nov 19971741,48118.193.09$7,739
Oct 19971801,14819.253.15$7,081
Sep 19971821,48717.742.95$7,623
Aug 19973521,70817.862.55$10,650
Jul 19971761,67317.582.25$6,853
Jun 199717667217.242.26$4,551
May 19971811,21318.972.31$6,234
Apr 19971791,91317.882.08$7,185
Mar 19973601,90518.951.94$10,516
Feb 19971771,53920.492.21$7,022
Jan 19973491,44223.483.54$13,299
Dec 19961741,86023.32$4,058
Nov 19963291,67121.97$7,228
Oct 19963572,20123.31$8,322
Sep 19962301,54422.22$5,111
Aug 19961751,52220.26$3,546
Jul 19963581,65619.55$6,999
Jun 19961811,88118.73$3,390
May 199637270319.43$7,228
Apr 199617983421.51$3,850
Mar 199617590919.38$3,392
Feb 1996081016.98$0
Jan 19963561,26217.07$6,077
Dec 19953551,47317.19$6,102
Nov 19951741,17616.00$2,784
Oct 19951821,40415.43$2,808
Sep 19953531,47016.18$5,712
Aug 19951801,56015.92$2,866
Jul 19951801,69115.24$2,743
Jun 19953551,33616.41$5,826
May 19951741,36217.56$3,055
Apr 19951811,06017.73$3,209
Mar 19951761,17616.44$2,893
Feb 19951811,02316.58$3,001
Jan 19951801,09515.92$2,866
Dec 19941751,26515.03$2,630
Nov 19943491,21515.90$5,549
Oct 199401,27215.58$0
Sep 19941781,25615.29$2,722
Aug 19941731,45916.13$2,790
Jul 19943471,51317.56$6,093
Jun 199401,04317.09$0
May 19941751,09615.88$2,779
Apr 19941721,11614.14$2,432
Mar 199434399612.46$4,274
Feb 1994070112.50$0
Jan 1994088012.66$0
Dec 19931711,20412.33$2,108
Nov 19931721,34214.49$2,492
Oct 199317186615.85$2,710
Sep 19933471,17015.03$5,215
Aug 199301,10815.66$0
Jul 19931701,44115.46$2,628
Jun 19933451,59916.79$5,793
May 19933451,28617.68$6,100
Apr 19933441,34418.05$6,209
Mar 19931691,34918.14$3,066
Feb 199317087317.90$3,043
Jan 19931701,01016.93$2,878

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.

Dec 2019 — as filed, then multipliedworked
Oil                  165 bbl  × $ 59.01 =     $9,737
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $9,737

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/O/2532 is the state's own key, not one this site invented.