CREEK

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 3516District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$496 k
Jan 1993 – May 2026
Value, last 12 filed months
$20 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.

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
NGPA5none

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
OilDisposition8,354 bbl$486,119
Casinghead gasProduction6,632 Mcf$9,522
Total$495,641

3,767 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 (5)

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 35.3756, -100.6676. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

35.37567, -100.66831 · 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
3,100 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
120.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
480.0%

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

Between 2,820 and 3,141 ft, median 3,100 ft, over the 3 wells that filed a depth.

Completions filed
Sep 1958 – Jul 1978
4 of 5 wells; 1 filed none
Plug dates filed
Dec 1974
1 of 5 wells; 4 filed none

5 wells

42-179856432 ADec 1974Yes
42-1793023963,100 ftJul 1978
42-1793017842,820 ftJul 1974
42-1793017233,141 ftJul 1974
42-179851291Sep 1958

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 2026330106.413.05$3,512
Apr 202629098.932.87$2,869
Mar 202632089.753.15$2,872
Feb 202634063.503.75$2,159
Jan 202633059.138.00$1,951
Dec 202540056.664.41$2,266
Nov 20250058.593.93$0
Oct 202538059.383.30$2,256
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202533066.483.13$2,194
May 20250060.553.23$0
Apr 202531062.363.54$1,933
Mar 202533067.704.27$2,234
Feb 202542070.884.34$2,977
Jan 20250074.324.28$0
Dec 202439068.993.12$2,691
Nov 202441069.052.20$2,831
Oct 202446071.372.28$3,283
Sep 202454069.612.36$3,759
Aug 202440075.632.06$3,025
Jul 202436079.932.15$2,877
Jun 202433078.082.63$2,577
May 202426078.812.20$2,049
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202435076.091.78$2,663
Jan 202468073.023.30$4,965
Dec 202333071.262.61$2,352
Nov 20230077.892.81$0
Oct 202336085.443.09$3,076
Sep 202330089.042.74$2,671
Aug 20230080.522.67$0
Jul 202319074.852.64$1,422
Jun 202331068.962.26$2,138
May 202352070.622.23$3,672
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 202354076.533.39$4,133
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202252087.185.86$4,533
Sep 202249084.888.16$4,159
Aug 202239094.529.13$3,686
Jul 2022360101.587.54$3,657
Jun 202200115.097.98$0
May 2022370109.378.43$4,047
Apr 202200104.226.84$0
Mar 2022380108.885.08$4,137
Feb 202233091.054.86$3,005
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202133077.435.24$2,555
Oct 202138079.795.71$3,032
Sep 202138069.865.35$2,655
Aug 202175066.024.22$4,952
Jul 20210070.783.98$0
Jun 202139069.493.38$2,710
May 202139063.483.02$2,476
Apr 20210060.362.76$0
Mar 202177061.302.72$4,720
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202040044.642.68$1,786
Nov 202023038.772.71$892
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202038039.982.39$1,519
Jul 20200038.371.83$0
Jun 202039034.901.69$1,361
May 20200016.921.81$0
Apr 202029014.751.80$428
Mar 20200030.341.86$0
Feb 202037049.881.98$1,846
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201936055.302.75$1,991
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 201923556.803.06$1,322
Feb 20190550.852.79$14
Jan 201946546.033.23$2,134
Dec 201825546.594.19$1,186
Nov 20180552.934.24$21
Oct 201846561.443.40$2,843
Sep 201824559.543.11$1,445
Aug 201846559.403.07$2,748
Jul 201836565.142.93$2,360
Jun 201823560.183.08$1,400
May 201824565.382.90$1,584
Apr 201824563.842.90$1,547
Mar 201823561.222.79$1,422
Feb 201824561.782.77$1,497
Jan 201847562.874.01$2,975
Dec 201723557.272.92$1,332
Nov 201758555.423.12$3,230
Oct 201723549.292.98$1,149
Sep 201747547.523.09$2,249
Aug 201735545.373.00$1,603
Jul 201759543.873.09$2,604
Jun 201723542.493.09$993
May 201745545.373.26$2,058
Apr 201711547.933.21$543
Mar 201744546.772.98$2,073
Feb 201721550.452.95$1,074
Jan 201739549.413.42$1,944
Dec 201624548.763.72$1,189
Nov 201623542.492.64$990
Oct 201623546.193.09$1,078
Sep 201635541.553.10$1,470
Aug 20160541.442.92$15
Jul 201637541.622.92$1,555
Jun 201670545.352.69$3,188
May 201612542.521.99$520
Apr 201649536.561.99$1,801
Mar 201623533.011.79$768
Feb 201625526.472.06$672
Jan 201625527.352.36$696
Dec 201548532.362.00$1,563
Nov 201574538.792.17$2,881
Oct 20150543.552.43$12
Sep 201550542.992.76$2,163
Aug 20150540.162.87$14
Jul 201573548.152.95$3,530
Jun 20150556.152.88$14
May 201575555.212.96$4,156
Apr 201525549.822.71$1,259
Mar 20150542.892.93$15
Feb 20150544.662.98$15
Jan 201525543.433.10$1,101
Dec 20140554.693.59$18
Nov 20140570.464.25$21
Oct 201440578.303.90$3,152
Sep 20140586.164.05$20
Aug 201425589.394.04$2,255
Jul 201424596.564.18$2,338
Jun 20140598.164.74$24
May 201424594.734.73$2,297
Apr 201426595.944.81$2,518
Mar 201431595.895.06$2,998
Feb 20140597.406.19$31
Jan 201453590.404.86$4,816
Dec 201349591.824.35$4,521
Nov 201326588.853.74$2,329
Oct 20130597.423.78$19
Sep 2013255104.113.72$2,621
Aug 2013385104.253.52$3,979
Jul 2013265102.523.72$2,684
Jun 201327594.403.93$2,568
May 201347594.834.15$4,478
Apr 201331593.964.28$2,934
Mar 201349593.623.91$4,607
Feb 201339591.233.42$3,575
Jan 20130591.603.42$17
Dec 201225586.773.42$2,186
Nov 201224586.953.62$2,105
Oct 201242589.383.40$3,771
Sep 201249594.672.92$4,653
Aug 201248592.662.91$4,462
Jul 201251585.133.02$4,357
Jun 201224579.822.52$1,928
May 201254591.612.49$4,959
Apr 2012555101.652.00$5,601
Mar 201205105.052.22$11
Feb 2012265101.102.57$2,641
Jan 201226598.092.73$2,564
Dec 20110596.873.24$16
Nov 201125595.723.31$2,410
Oct 201140584.983.65$3,417
Sep 201150583.623.99$4,201
Aug 201142583.404.15$3,524
Jul 201125594.144.52$2,376
Jun 201126592.904.64$2,439
May 201168598.134.40$6,695
Apr 201105105.964.33$22
Mar 201169596.364.06$6,669
Feb 201125585.644.18$2,162
Jan 20110586.504.59$23
Dec 20100585.734.35$22
Nov 201023580.843.80$1,878
Oct 201023578.103.51$1,814
Sep 201021572.633.98$1,545
Aug 201021573.684.42$1,569
Jul 20100572.554.74$24
Jun 201041570.364.91$2,909
May 201024571.124.24$1,728
Apr 201024581.694.12$1,981
Mar 20100578.394.39$22
Feb 20100573.585.44$27
Jan 20100574.365.96$30
Dec 200927571.445.48$1,956
Nov 20090574.593.75$19
Oct 200927572.544.11$1,979
Sep 200928565.543.06$1,850
Aug 200928567.423.22$1,904
Jul 20090561.133.46$17
Jun 200927566.163.90$1,806
May 200960554.743.93$3,304
Apr 200931546.773.59$1,468
Mar 20090542.144.06$20
Feb 200959532.814.63$1,959
Jan 20090535.865.37$27
Dec 200831537.105.98$1,180
Nov 200829555.496.86$1,644
Oct 20080575.246.92$35
Sep 2008625101.767.88$6,349
Aug 200805114.228.48$42
Jul 2008195131.0811.39$2,547
Jun 2008335131.3313.03$4,399
May 2008645123.1711.57$7,941
Apr 2008315110.3110.45$3,472
Mar 2008325101.909.66$3,309
Feb 20080592.538.77$44
Jan 200838590.388.21$3,475
Dec 200719588.337.30$1,715
Nov 200714591.677.29$1,320
Oct 200714582.856.92$1,195
Sep 200713575.846.24$1,017
Aug 200713569.066.39$930
Jul 200723570.906.39$1,663
Jun 200712562.007.55$782
May 200725558.747.85$1,508
Apr 200712559.617.81$754
Mar 200713556.927.30$776
Feb 200712555.108.22$702
Jan 20070550.306.73$34
Dec 200612556.656.92$714
Nov 200622554.207.62$1,230
Oct 20060554.906.01$30
Sep 200611560.085.04$686
Aug 200632568.717.34$2,235
Jul 20066569.376.34$448
Jun 20060566.286.38$32
May 200616566.016.42$1,088
Apr 200629564.397.36$1,904
Mar 200616556.707.08$943
Feb 200614557.597.75$845
Jan 200615560.598.93$954
Dec 200515554.9413.42$891
Nov 200531554.6910.59$1,748
Oct 200513558.3413.80$827
Sep 200515561.4512.08$982
Aug 200516561.519.80$1,033
Jul 200529555.697.84$1,654
Jun 200515552.337.38$822
May 20050545.226.65$33
Apr 200541549.207.36$2,054
Mar 20050550.377.15$36
Feb 200514545.226.31$665
Jan 200528543.166.32$1,240
Dec 200413539.866.75$552
Nov 200428545.286.33$1,299
Oct 200416549.706.52$828
Sep 200416543.245.28$718
Aug 200429542.375.55$1,256
Jul 200428538.286.08$1,102
Jun 20040536.106.43$32
May 200429537.486.49$1,119
Apr 200414534.475.86$512
Mar 200444534.365.53$1,539
Feb 200413532.455.51$449
Jan 200414532.036.30$480
Dec 200326530.266.30$818
Nov 200324528.804.60$714
Oct 200325528.174.76$728
Sep 200312526.314.75$339
Aug 200340529.765.13$1,216
Jul 200343529.415.17$1,290
Jun 200314528.565.98$430
May 200313526.595.97$376
Apr 200328526.675.41$774
Mar 200312531.146.10$404
Feb 200323533.487.93$810
Jan 200323530.315.58$725
Dec 200224526.914.85$670
Nov 200211524.664.14$292
Oct 200212526.464.23$339
Sep 200210527.443.64$293
Aug 200210525.963.16$275
Jul 200211524.583.06$286
Jun 200220523.733.34$491
May 200210524.663.58$265
Apr 200218523.653.51$443
Mar 200218522.003.10$412
Feb 20029518.222.38$176
Jan 200210517.172.38$184
Dec 200126516.932.36$452
Nov 20010518.072.41$12
Oct 200116519.782.53$329
Sep 200120524.262.25$496
Aug 200122524.873.05$562
Jul 200119523.933.20$471
Jun 20010524.563.82$19
May 200125525.524.31$660
Apr 200121524.685.34$545
Mar 200124524.545.38$616
Feb 200123527.755.77$667
Jan 20010527.478.40$42
Dec 200023526.889.12$664
Nov 200024532.215.66$801
Oct 20000531.235.15$26
Sep 200023531.875.19$759
Aug 200012529.644.54$378
Jul 20000528.534.09$20
Jun 20006529.304.40$198
May 200013527.263.68$373
Apr 200013524.513.12$334
Mar 200012528.422.86$355
Feb 200012527.622.73$345
Jan 200011525.272.48$290
Dec 19990524.282.42$12
Nov 199911523.192.43$267
Oct 199910520.982.80$224
Sep 199914521.752.62$318
Aug 199914519.262.88$284
Jul 19990517.892.37$12
Jun 199910515.942.36$171
May 199913515.792.32$217
Apr 199910515.102.21$162
Mar 1999174012.471.84$286
Feb 199916569.981.82$261
Jan 1999165010.381.90$261
Dec 19980569.201.77$99
Nov 199806910.892.19$151
Oct 1998176712.421.97$343
Sep 1998165412.592.08$314
Aug 1998125511.301.91$241
Jul 1998135411.742.24$273
Jun 199805811.242.24$130
May 1998155712.622.21$315
Apr 1998155613.042.51$336
Mar 199805912.802.31$136
Feb 1998115813.952.30$287
Jan 199887514.702.15$279
Dec 1997126816.322.41$360
Nov 1997156118.193.09$461
Oct 1997187319.253.15$576
Sep 1997129017.742.95$479
Aug 199706017.862.55$153
Jul 1997156417.582.25$408
Jun 1997146717.242.26$393
May 1997146518.972.31$416
Apr 1997166617.882.08$424
Mar 199706918.951.94$134
Feb 1997205420.492.21$529
Jan 1997186423.483.54$649
Dec 1996177323.32$396
Nov 1996177721.97$373
Oct 1996158623.31$350
Sep 1996149822.22$311
Aug 199608820.26$0
Jul 1996158919.55$293
Jun 1996158418.73$281
May 19961111019.43$214
Apr 1996118721.51$237
Mar 1996116519.38$213
Feb 1996116116.98$187
Jan 1996126517.07$205
Dec 199506517.19$0
Nov 1995116416.00$176
Oct 1995147015.43$216
Sep 1995137516.18$210
Aug 1995117915.92$175
Jul 1995129015.24$183
Jun 1995108416.41$164
May 1995108517.56$176
Apr 1995106317.73$177
Mar 1995106716.44$164
Feb 1995106716.58$166
Jan 1995107515.92$159
Dec 1994107115.03$150
Nov 1994206715.90$318
Oct 1994178615.58$265
Sep 199407715.29$0
Aug 1994208116.13$323
Jul 1994178117.56$299
Jun 1994178717.09$291
May 19941710315.88$270
Apr 1994806814.14$1,131
Mar 1994208112.46$249
Feb 1994186012.50$225
Jan 1994197612.66$241
Dec 1993297612.33$358
Nov 1993158614.49$217
Oct 19931510715.85$238
Sep 1993176615.03$256
Aug 1993187815.66$282
Jul 1993139715.46$201
Jun 1993188516.79$302
May 1993119417.68$194
Apr 1993137018.05$235
Mar 1993186718.14$327
Feb 1993125817.90$215
Jan 1993157816.93$254

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.

May 2026 — as filed, then multipliedworked
Oil                   33 bbl  × $106.41 =     $3,512
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $3,512

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/3516 is the state's own key, not one this site invented.