RAYMOND

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

Oil lease lease 3234District 10Field 68873001OilCasinghead gasSaveExport
Value, all time
$2.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$3 k
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 837 leases and 6,360 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
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 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: UNTIL THE FLUID MIGRATION FROM SUCH STRATA IS ELIMINATED.

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
OilDisposition50,012 bbl$2,200,795
Casinghead gasProduction152,172 Mcf$450,730
Total$2,651,525

51,846 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 (15)

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 35.3146, -100.9422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

35.31540, -100.94285 · 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 15 wells
With a plug date
0.0%
0 of 15 wells
Median depth
3,130 ft
4 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.
15100.0%

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, 4 of 15 wells. Median 3,130 ft, with the middle half between 3,092 and 3,168 ft; the shallowest is 3,022 ft and the deepest 3,236 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, 14 of 15 wells, Apr 1966 – Oct 1976. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 1966 – Oct 1976
14 of 15 wells; 1 filed none

15 wells

42-179850571
42-17985071153,022 ftOct 1976
42-17985070143,115 ftSep 1975
42-17985069133,145 ftJan 1975
42-17985068123,236 ftApr 1973
42-1798506711Jan 1972
42-1798506610Feb 1971
42-179850659Feb 1970
42-179850648Mar 1969
42-179850637Feb 1968
42-179850626Oct 1967
42-179850615Jun 1966
42-179850604Jun 1966
42-179850593May 1966
42-179850582Apr 1966

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 202613063.503.75$826
Jan 20260059.138.00$0
Dec 202545056.664.41$2,550
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 2024168075.632.06$12,706
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024173078.812.20$13,634
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024183073.023.30$13,363
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023177089.042.74$15,760
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023191068.962.26$13,171
May 20230070.622.23$0
Apr 2023181078.122.24$14,140
Mar 20230072.852.39$0
Feb 2023188075.112.47$14,121
Jan 20230076.533.39$0
Dec 2022187076.415.73$14,289
Nov 20220085.005.65$0
Oct 2022178087.185.86$15,518
Sep 20220084.888.16$0
Aug 2022177094.529.13$16,730
Jul 202200101.587.54$0
Jun 20221810115.097.98$20,831
May 202200109.378.43$0
Apr 20221650104.226.84$17,196
Mar 20221840108.885.08$20,034
Feb 20220091.054.86$0
Jan 2022159081.844.54$13,013
Dec 2021174071.323.90$12,410
Nov 20210077.435.24$0
Oct 2021185079.795.71$14,761
Sep 20210069.865.35$0
Aug 2021175066.024.22$11,554
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021179063.483.02$11,363
Apr 2021168060.362.76$10,140
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 2020174036.972.48$6,433
Sep 20200037.091.99$0
Aug 2020173039.982.39$6,917
Jul 20200038.371.83$0
Jun 2020170034.901.69$5,933
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020169030.341.86$5,127
Feb 2020175049.881.98$8,729
Jan 20200057.252.09$0
Dec 2019171059.012.30$10,091
Nov 20190055.302.75$0
Oct 2019179053.472.42$9,571
Sep 20190055.052.66$0
Aug 2019173053.112.30$9,188
Jul 2019177056.272.46$9,960
Jun 20190052.782.49$0
May 2019175058.482.74$10,234
Apr 2019179062.632.75$11,211
Mar 2019348056.803.06$19,766
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201830052.934.24$1,588
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 201808059.403.07$245
Jul 201808265.142.93$240
Jun 20181487860.183.08$9,147
May 201809365.382.90$270
Apr 201804263.842.90$122
Mar 201806361.222.79$176
Feb 201803961.782.77$108
Jan 20181605862.874.01$10,292
Dec 201708657.272.92$251
Nov 20171864255.423.12$10,439
Oct 201706449.292.98$191
Sep 201706847.523.09$210
Aug 201707045.373.00$210
Jul 20171647043.873.09$7,411
Jun 20171557242.493.09$6,808
May 20171797745.373.26$8,373
Apr 201703347.933.21$106
Mar 2017179346.772.98$8,381
Feb 201702150.452.95$62
Jan 201703849.413.42$130
Dec 2016175448.763.72$8,548
Nov 201606342.492.64$167
Oct 2016013746.193.09$423
Sep 201616212341.553.10$7,112
Aug 2016014041.442.92$409
Jul 2016011841.622.92$345
Jun 201616911545.352.69$7,973
May 201617815442.521.99$7,875
Apr 201618313636.561.99$6,961
Mar 2016014333.011.79$257
Feb 2016014926.472.06$307
Jan 201608827.352.36$208
Dec 201517811832.362.00$5,996
Nov 2015012438.792.17$269
Oct 2015015043.552.43$364
Sep 201517711742.992.76$7,932
Aug 2015011640.162.87$333
Jul 201515911248.152.95$7,986
Jun 201511412356.152.88$6,756
May 201519315755.212.96$11,120
Apr 2015015449.822.71$417
Mar 2015014542.892.93$426
Feb 201518813944.662.98$8,810
Jan 2015015743.433.10$487
Dec 201416813954.693.59$9,687
Nov 2014013670.464.25$578
Oct 2014020778.303.90$808
Sep 201416913786.164.05$15,115
Aug 2014016289.394.04$654
Jul 201416917596.564.18$17,050
Jun 201417519998.164.74$18,121
May 201417223094.734.73$17,381
Apr 201438117695.944.81$37,400
Mar 2014021895.895.06$1,102
Feb 201417911497.406.19$18,140
Jan 201403890.404.86$185
Dec 201303591.824.35$152
Nov 20131889888.853.74$17,070
Oct 201317214497.423.78$17,300
Sep 2013174162104.113.72$18,717
Aug 2013358242104.253.52$38,174
Jul 2013170235102.523.72$18,302
Jun 2013019994.403.93$783
May 201335718894.834.15$34,634
Apr 2013019393.964.28$827
Mar 2013026293.623.91$1,025
Feb 2013025291.233.42$862
Jan 2013018391.603.42$626
Dec 2012020986.773.42$715
Nov 201209986.953.62$359
Oct 201217317489.383.40$16,054
Sep 201217421894.672.92$17,109
Aug 2012021992.662.91$637
Jul 201216720885.133.02$14,845
Jun 201217523579.822.52$14,560
May 201216619691.612.49$15,695
Apr 20120127101.652.00$254
Mar 20121680105.052.22$17,648
Feb 20120267101.102.57$686
Jan 201234328198.092.73$34,413
Dec 2011012596.873.24$405
Nov 201116253895.723.31$17,288
Oct 201106784.983.65$244
Sep 201117421683.623.99$15,411
Aug 201117531783.404.15$15,910
Jul 201116317294.144.52$16,122
Jun 2011019292.904.64$891
May 2011024198.134.40$1,062
Apr 2011313237105.964.33$34,192
Mar 2011027096.364.06$1,095
Feb 2011024685.644.18$1,028
Jan 201119031286.504.59$17,867
Dec 201004585.734.35$196
Nov 2010014680.843.80$554
Oct 201016520978.103.51$13,620
Sep 201018229172.633.98$14,377
Aug 201017331473.684.42$14,134
Jul 201017434772.554.74$14,267
Jun 2010031470.364.91$1,542
May 201014032671.124.24$11,337
Apr 201016927681.694.12$14,943
Mar 201016728478.394.39$14,338
Feb 2010025573.585.44$1,388
Jan 201034127674.365.96$27,003
Dec 2009019571.445.48$1,069
Nov 2009028174.593.75$1,054
Oct 200917225872.544.11$13,537
Sep 2009027065.543.06$827
Aug 200918631767.423.22$13,560
Jul 200917930661.133.46$12,002
Jun 2009040066.163.90$1,558
May 200934759254.743.93$21,319
Apr 2009041746.773.59$1,496
Mar 200919052442.144.06$10,134
Feb 200915947432.814.63$7,413
Jan 200917940935.865.37$8,616
Dec 200817127537.105.98$7,988
Nov 2008032455.496.86$2,223
Oct 200815631575.246.92$13,918
Sep 20080417101.767.88$3,285
Aug 2008161428114.228.48$22,020
Jul 2008144378131.0811.39$23,181
Jun 2008319457131.3313.03$47,850
May 2008162423123.1711.57$24,849
Apr 20080401110.3110.45$4,192
Mar 2008179306101.909.66$21,197
Feb 2008025892.538.77$2,263
Jan 200815628990.388.21$16,471
Dec 2007038388.337.30$2,797
Nov 2007040691.677.29$2,960
Oct 200713641682.856.92$14,147
Sep 2007035875.846.24$2,235
Aug 200717044669.066.39$14,589
Jul 200718340370.906.39$15,549
Jun 200718839662.007.55$14,645
May 2007043658.747.85$3,421
Apr 2007031359.617.81$2,443
Mar 200718041656.927.30$13,283
Feb 2007033055.108.22$2,711
Jan 2007036750.306.73$2,469
Dec 200616734956.656.92$11,875
Nov 2006032854.207.62$2,499
Oct 200617740654.906.01$12,159
Sep 2006041460.085.04$2,085
Aug 200617843668.717.34$15,431
Jul 200615243669.376.34$13,310
Jun 200617945466.286.38$14,762
May 200617345166.016.42$14,317
Apr 200618344264.397.36$15,037
Mar 2006046056.707.08$3,258
Feb 200618749457.597.75$14,598
Jan 200618144460.598.93$14,933
Dec 200518451854.9413.42$17,058
Nov 200515238354.6910.59$12,368
Oct 200519141458.3413.80$16,854
Sep 2005041861.4512.08$5,049
Aug 200516843761.519.80$14,615
Jul 200516445255.697.84$12,678
Jun 200516642552.337.38$11,824
May 200512742945.226.65$8,596
Apr 200516146849.207.36$11,366
Mar 200518945750.377.15$12,790
Feb 200517944345.226.31$10,891
Jan 200516550543.166.32$10,314
Dec 2004042839.866.75$2,889
Nov 200417050445.286.33$10,888
Oct 200417952949.706.52$12,343
Sep 200418544243.245.28$10,335
Aug 200419534442.375.55$10,172
Jul 200435250138.286.08$16,523
Jun 200416451536.106.43$9,233
May 200417948837.486.49$9,878
Apr 200418446134.475.86$9,043
Mar 200419148234.365.53$9,228
Feb 200418657732.455.51$9,215
Jan 200419263632.036.30$10,156
Dec 200316167430.266.30$9,119
Nov 200316161828.804.60$7,477
Oct 200318065328.174.76$8,179
Sep 200333861226.314.75$11,799
Aug 2003060829.765.13$3,119
Jul 200318049829.415.17$7,869
Jun 200318251328.565.98$8,267
May 2003049826.595.97$2,974
Apr 200318149326.675.41$7,493
Mar 200318253031.146.10$8,898
Feb 200318547933.487.93$9,990
Jan 2003036230.315.58$2,021
Dec 200218446526.914.85$7,208
Nov 2002044324.664.14$1,833
Oct 200218149426.464.23$6,878
Sep 200217449427.443.64$6,570
Aug 200217150825.963.16$6,047
Jul 200216451724.583.06$5,614
Jun 2002050523.733.34$1,686
May 200234349624.663.58$10,236
Apr 2002049723.653.51$1,746
Mar 200218051122.003.10$5,545
Feb 200217642418.222.38$4,214
Jan 200217252517.172.38$4,200
Dec 200117053916.932.36$4,153
Nov 200117149018.072.41$4,269
Oct 2001054919.782.53$1,388
Sep 200116853424.262.25$5,278
Aug 200116952724.873.05$5,812
Jul 200132456623.933.20$9,563
Jun 2001049224.563.82$1,881
May 200117254525.524.31$6,737
Apr 200118254124.685.34$7,378
Mar 200118956024.545.38$7,649
Feb 200117348327.755.77$7,586
Jan 200119256727.478.40$10,036
Dec 2000050926.889.12$4,643
Nov 200018650232.215.66$8,831
Oct 2000052431.235.15$2,696
Sep 200018553331.875.19$8,660
Aug 200016854729.644.54$7,463
Jul 200018449428.534.09$7,270
Jun 2000049929.304.40$2,194
May 200017855527.263.68$6,895
Apr 200018656524.513.12$6,319
Mar 200018756928.422.86$6,942
Feb 200018553227.622.73$6,560
Jan 2000054125.272.48$1,342
Dec 199918653924.282.42$5,822
Nov 1999054823.192.43$1,334
Oct 199917777620.982.80$5,889
Sep 199918475321.752.62$5,974
Aug 199918159519.262.88$5,197
Jul 199918860417.892.37$4,796
Jun 199918364315.942.36$4,436
May 199918765415.792.32$4,471
Apr 199918565515.102.21$4,240
Mar 199918267312.471.84$3,507
Feb 199905429.981.82$985
Jan 199918968710.381.90$3,267
Dec 19981757199.201.77$2,885
Nov 1998077110.892.19$1,685
Oct 199818778612.421.97$3,870
Sep 199818480612.592.08$3,995
Aug 199817479811.301.91$3,488
Jul 199837185911.742.24$6,277
Jun 199816678411.242.24$3,620
May 199816683812.622.21$3,944
Apr 199816878413.042.51$4,155
Mar 199818482012.802.31$4,249
Feb 199818680913.952.30$4,455
Jan 199819587214.702.15$4,745
Dec 199717982116.322.41$4,901
Nov 1997078618.193.09$2,427
Oct 19973561,11419.253.15$10,362
Sep 199718497617.742.95$6,148
Aug 199717495617.862.55$5,550
Jul 199717398717.582.25$5,259
Jun 199737098017.242.26$8,591
May 19971911,08518.972.31$6,128
Apr 199719181417.882.08$5,110
Mar 19973651,06318.951.94$8,978
Feb 199719097820.492.21$6,050
Jan 199716898323.483.54$7,424
Dec 19963731,01623.32$8,698
Nov 19961841,05621.97$4,042
Oct 19963841,03223.31$8,951
Sep 19963711,01622.22$8,244
Aug 199619588820.26$3,951
Jul 199619089219.55$3,715
Jun 199617585318.73$3,278
May 199618395719.43$3,556
Apr 19961821,01721.51$3,915
Mar 19963731,12019.38$7,229
Feb 19961801,07116.98$3,056
Jan 19963781,09317.07$6,452
Dec 19953621,19117.19$6,223
Nov 199535792516.00$5,712
Oct 199517897215.43$2,747
Sep 199517791416.18$2,864
Aug 199518199315.92$2,882
Jul 199517780815.24$2,697
Jun 1995084316.41$0
May 199517093817.56$2,985
Apr 19951801,57217.73$3,191
Mar 199535496116.44$5,820
Feb 199518187816.58$3,001
Jan 19951701,13915.92$2,706
Dec 199401,09315.03$0
Nov 199416193015.90$2,560
Oct 19943141,01815.58$4,892
Sep 19941821,13915.29$2,783
Aug 199414488716.13$2,323
Jul 19941801,00317.56$3,161
Jun 19941781,08917.09$3,042
May 19943441,15915.88$5,463
Apr 19941801,03314.14$2,545
Mar 19941771,03212.46$2,205
Feb 19942471,06612.50$3,088
Jan 19941771,20512.66$2,241
Dec 19933491,18312.33$4,303
Nov 19932681,25214.49$3,883
Oct 19931761,10315.85$2,790
Sep 19931791,13715.03$2,690
Aug 19933661,36415.66$5,732
Jul 19931781,37315.46$2,752
Jun 19933561,20316.79$5,977
May 19933561,29417.68$6,294
Apr 19933631,32618.05$6,552
Mar 19933871,43918.14$7,020
Feb 19931831,20217.90$3,276
Jan 19935351,17116.93$9,058

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.

Feb 2026 — as filed, then multipliedworked
Oil                   13 bbl  × $ 63.50 =       $826
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                     $826

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/3234 is the state's own key, not one this site invented.