JACKSON, J. W.

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 359District 10Field 68873001OilCasinghead gasSaveExport
Value, all time
$1.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$28 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
OilDisposition30,304 bbl$1,412,411
Casinghead gasProduction113 Mcf$191
Total$1,412,602

40 Mcf of this lease's gas, across 40 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 (4)

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 35.4107, -100.9238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.41201, -100.92426 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
3,102 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
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 2,960 and 3,283 ft, median 3,102 ft, over the 3 wells that filed a depth.

Completions filed
Apr 1985 – Sep 1987
2 of 4 wells; 2 filed none
Plug dates filed
Jul 1995
1 of 4 wells; 3 filed none

4 wells

42-179043873W2,960 ftJul 1995Yes
42-179818351
42-1798183743,283 ftSep 1987
42-1798183853,102 ftApr 1985

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 2026175063.503.75$11,113
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202593059.383.30$5,522
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025165066.483.13$10,969
May 20250060.553.23$0
Apr 202594062.363.54$5,862
Mar 20250067.704.27$0
Feb 202594070.884.34$6,663
Jan 20250074.324.28$0
Dec 2024186068.993.12$12,832
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202494069.612.36$6,543
Aug 20240075.632.06$0
Jul 202488079.932.15$7,034
Jun 202491078.082.63$7,105
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024172073.023.30$12,559
Dec 20230071.262.61$0
Nov 202396077.892.81$7,477
Oct 20230085.443.09$0
Sep 2023184089.042.74$16,383
Aug 20230080.522.67$0
Jul 202394074.852.64$7,036
Jun 20230068.962.26$0
May 2023179070.622.23$12,641
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202396075.112.47$7,211
Jan 20230076.533.39$0
Dec 202294076.415.73$7,183
Nov 2022187085.005.65$15,895
Oct 202290087.185.86$7,846
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022910101.587.54$9,244
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 202295081.844.54$7,775
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021174069.865.35$12,156
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202191060.362.76$5,493
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020183044.642.68$8,169
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 202088014.751.80$1,298
Mar 202074030.341.86$2,245
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019185059.012.30$10,917
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019190055.052.66$10,460
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019183052.782.49$9,659
May 20190058.482.74$0
Apr 2019193062.632.75$12,088
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019191046.033.23$8,792
Dec 20180046.594.19$0
Nov 201894052.934.24$4,975
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018184065.142.93$11,986
Jun 20180060.183.08$0
May 201896065.382.90$6,276
Apr 2018191063.842.90$12,193
Mar 20180061.222.79$0
Feb 2018164061.782.77$10,132
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201791049.292.98$4,485
Sep 201777047.523.09$3,659
Aug 201799045.373.00$4,492
Jul 20170043.873.09$0
Jun 201756042.493.09$2,379
May 20170045.373.26$0
Apr 201744047.933.21$2,109
Mar 20170046.772.98$0
Feb 201778050.452.95$3,935
Jan 201741049.413.42$2,026
Dec 20160048.763.72$0
Nov 201677042.492.64$3,272
Oct 201680046.193.09$3,695
Sep 201677041.553.10$3,199
Aug 201657041.442.92$2,362
Jul 20160041.622.92$0
Jun 201696045.352.69$4,354
May 201698042.521.99$4,167
Apr 201694036.561.99$3,437
Mar 201680033.011.79$2,641
Feb 201684026.472.06$2,223
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201572038.792.17$2,793
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201589040.162.87$3,574
Jul 201573048.152.95$3,515
Jun 20150056.152.88$0
May 201584055.212.96$4,638
Apr 20150049.822.71$0
Mar 201575042.892.93$3,217
Feb 2015138044.662.98$6,163
Jan 20150043.433.10$0
Dec 2014118054.693.59$6,453
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201486086.164.05$7,410
Aug 201476089.394.04$6,794
Jul 2014139096.564.18$13,422
Jun 20140098.164.74$0
May 201495094.734.73$8,999
Apr 201458095.944.81$5,565
Mar 20140095.895.06$0
Feb 2014129097.406.19$12,565
Jan 20140090.404.86$0
Dec 2013131091.824.35$12,028
Nov 20130088.853.74$0
Oct 2013151097.423.78$14,710
Sep 201300104.113.72$0
Aug 20131550104.253.52$16,159
Jul 201300102.523.72$0
Jun 201354094.403.93$5,098
May 20130094.834.15$0
Apr 201379093.964.28$7,423
Mar 2013176093.623.91$16,477
Feb 20130091.233.42$0
Jan 2013153091.603.42$14,015
Dec 201296086.773.42$8,330
Nov 20120086.953.62$0
Oct 2012189089.383.40$16,893
Sep 20120094.672.92$0
Aug 2012195092.662.91$18,069
Jul 201296085.133.02$8,172
Jun 20120079.822.52$0
May 2012169091.612.49$15,482
Apr 201200101.652.00$0
Mar 2012850105.052.22$8,929
Feb 2012990101.102.57$10,009
Jan 2012178098.092.73$17,460
Dec 20110096.873.24$0
Nov 2011167095.723.31$15,985
Oct 20110084.983.65$0
Sep 2011194083.623.99$16,222
Aug 20110083.404.15$0
Jul 201197094.144.52$9,132
Jun 201196092.904.64$8,918
May 201197098.134.40$9,519
Apr 20111000105.964.33$10,596
Mar 2011161096.364.06$15,514
Feb 20110085.644.18$0
Jan 201197086.504.59$8,391
Dec 2010195085.734.35$16,717
Nov 20100080.843.80$0
Oct 2010178078.103.51$13,902
Sep 20100072.633.98$0
Aug 201093073.684.42$6,852
Jul 20100072.554.74$0
Jun 201097070.364.91$6,825
May 201098071.124.24$6,970
Apr 20100081.694.12$0
Mar 2010175078.394.39$13,718
Feb 201096073.585.44$7,064
Jan 2010110074.365.96$8,180
Dec 2009102071.445.48$7,287
Nov 20090074.593.75$0
Oct 200998072.544.11$7,109
Sep 200997065.543.06$6,357
Aug 200999067.423.22$6,675
Jul 200995061.133.46$5,807
Jun 200996066.163.90$6,351
May 200997054.743.93$5,310
Apr 200997046.773.59$4,537
Mar 20090042.144.06$0
Feb 2009181032.814.63$5,939
Jan 200999035.865.37$3,550
Dec 20080037.105.98$0
Nov 200896055.496.86$5,327
Oct 200899075.246.92$7,449
Sep 2008980101.767.88$9,972
Aug 2008980114.228.48$11,194
Jul 20081940131.0811.39$25,430
Jun 20081810131.3313.03$23,771
May 200800123.1711.57$0
Apr 2008980110.3110.45$10,810
Mar 2008930101.909.66$9,477
Feb 200896092.538.77$8,883
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007161082.856.92$13,339
Sep 200799075.846.24$7,508
Aug 20070069.066.39$0
Jul 2007199070.906.39$14,109
Jun 20070062.007.55$0
May 200789058.747.85$5,228
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 200790055.108.22$4,959
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200699054.207.62$5,366
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 200697068.717.34$6,665
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 200697066.016.42$6,403
Apr 20060064.397.36$0
Mar 200691056.707.08$5,160
Feb 20060057.597.75$0
Jan 200698060.598.93$5,938
Dec 2005100054.9413.42$5,494
Nov 200586054.6910.59$4,703
Oct 20050058.3413.80$0
Sep 200593061.4512.08$5,715
Aug 2005184061.519.80$11,318
Jul 200598055.697.84$5,458
Jun 200597052.337.38$5,076
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 200595045.226.31$4,296
Jan 200598043.166.32$4,230
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 200498049.706.52$4,871
Sep 200482043.245.28$3,546
Aug 2004184042.375.55$7,796
Jul 200497038.286.08$3,713
Jun 200497036.106.43$3,502
May 200496037.486.49$3,598
Apr 200498034.475.86$3,378
Mar 20040034.365.53$0
Feb 200494032.455.51$3,050
Jan 2004179032.036.30$5,733
Dec 2003100030.266.30$3,026
Nov 200399028.804.60$2,851
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 200399029.415.17$2,912
Jun 200395028.565.98$2,713
May 2003168026.595.97$4,467
Apr 2003196026.675.41$5,227
Mar 2003198031.146.10$6,166
Feb 2003101033.487.93$3,381
Jan 200399030.315.58$3,001
Dec 2002100026.914.85$2,691
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002188025.963.16$4,880
Jul 20020024.583.06$0
Jun 2002199023.733.34$4,722
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 200202022.003.10$62
Feb 20021724118.222.38$3,231
Jan 2002169017.172.38$2,902
Dec 20010016.932.36$0
Nov 2001107018.072.41$1,933
Oct 2001179019.782.53$3,541
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001180023.933.20$4,307
Jun 20010024.563.82$0
May 2001176025.524.31$4,492
Apr 20010024.685.34$0
Mar 2001183024.545.38$4,491
Feb 20010027.755.77$0
Jan 2001178027.478.40$4,890
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000181031.235.15$5,653
Sep 20000031.875.19$0
Aug 2000175029.644.54$5,187
Jul 2000176028.534.09$5,021
Jun 20000029.304.40$0
May 2000176027.263.68$4,798
Apr 20000024.513.12$0
Mar 2000181128.422.86$5,147
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999183024.282.42$4,443
Nov 19990023.192.43$0
Oct 1999179020.982.80$3,755
Sep 19990021.752.62$0
Aug 1999178019.262.88$3,428
Jul 19990017.892.37$0
Jun 1999182015.942.36$2,901
May 19990015.792.32$0
Apr 1999182015.102.21$2,748
Mar 19990012.471.84$0
Feb 199917809.981.82$1,776
Jan 19990010.381.90$0
Dec 199818109.201.77$1,665
Nov 19980010.892.19$0
Oct 1998181012.421.97$2,248
Sep 19980012.592.08$0
Aug 1998184011.301.91$2,079
Jul 19980011.742.24$0
Jun 1998182011.242.24$2,046
May 1998183012.622.21$2,309
Apr 19980013.042.51$0
Mar 1998181012.802.31$2,317
Feb 19980013.952.30$0
Jan 1998184014.702.15$2,705
Dec 19970016.322.41$0
Nov 1997183118.193.09$3,332
Oct 19970119.253.15$3
Sep 1997183117.742.95$3,249
Aug 1997182117.862.55$3,253
Jul 19970117.582.25$2
Jun 1997184117.242.26$3,174
May 19970118.972.31$2
Apr 1997179117.882.08$3,203
Mar 1997184118.951.94$3,489
Feb 19970120.492.21$2
Jan 1997179123.483.54$4,206
Dec 19960123.32$0
Nov 1996185121.97$4,064
Oct 1996184123.31$4,289
Sep 19960022.22$0
Aug 1996183120.26$3,708
Jul 1996183119.55$3,578
Jun 1996184118.73$3,446
May 19960119.43$0
Apr 1996182121.51$3,915
Mar 199643119.38$833
Feb 1996171016.98$2,904
Jan 1996184117.07$3,141
Dec 1995184117.19$3,163
Nov 19950016.00$0
Oct 1995183015.43$2,824
Sep 19950016.18$0
Aug 1995182015.92$2,897
Jul 1995182015.24$2,774
Jun 1995181116.41$2,970
May 1995182017.56$3,196
Apr 1995183117.73$3,245
Mar 19950116.44$0
Feb 1995186116.58$3,084
Jan 19950115.92$0
Dec 1994186115.03$2,796
Nov 1994188115.90$2,989
Oct 1994184115.58$2,867
Sep 19940115.29$0
Aug 1994183116.13$2,952
Jul 1994183117.56$3,213
Jun 19940117.09$0
May 1994185115.88$2,938
Apr 1994182114.14$2,573
Mar 1994181112.46$2,255
Feb 19940112.50$0
Jan 1994185112.66$2,342
Dec 1993185112.33$2,281
Nov 1993184114.49$2,666
Oct 1993181115.85$2,869
Sep 19930115.03$0
Aug 1993183115.66$2,866
Jul 1993180115.46$2,783
Jun 1993178116.79$2,989
May 1993180117.68$3,182
Apr 1993183118.05$3,303
Mar 1993180118.14$3,265
Feb 19930117.90$0
Jan 1993177116.93$2,997

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                  175 bbl  × $ 63.50 =    $11,113
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                  $11,113

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/359 is the state's own key, not one this site invented.