PERKINS

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 3979District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$43 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
NGPA2none

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
OilDisposition44,617 bbl$1,816,909
Casinghead gasProduction577,656 Mcf$1,882,033
Total$3,698,942

133,149 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 (6)

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 35.3669, -100.6585. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

35.36480, -100.65444 · 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
16.7%
1 of 6 wells
With a plug date
16.7%
1 of 6 wells
Median depth
3,182 ft
6 wells filed one
Completion to plug
38.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
116.7%
A plug date is filed
116.7%
BothOn the schedule and plugged. Neither fact cancels the other.
116.7%
NeitherNo plug date, and not on the schedule.
583.3%

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 3,150 and 3,575 ft, median 3,182 ft, over the 6 wells that filed a depth.

Completions filed
Sep 1974 – Aug 1989
6 of 6 wells
Plug dates filed
Nov 2012
1 of 6 wells; 5 filed none

Last completion to plug: a median of 38.2 years across the 1 well that filed both dates, with the middle half between 38.2 years and 38.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-1793196073,575 ftAug 1989
42-1793031623,164 ftJan 1989
42-1793193963,159 ftJan 1989
42-179319115 A3,200 ftJan 1988
42-1793059933,150 ftMay 1978
42-1793017013,253 ftSep 1974Nov 2012Yes

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 20260881106.413.05$2,683
Apr 2026091698.932.87$2,629
Mar 2026185289.753.15$2,773
Feb 2026382563.503.75$3,285
Jan 2026586059.138.00$7,174
Dec 20251693856.664.41$5,046
Nov 2025085058.593.93$3,337
Oct 2025271,05559.383.30$5,090
Sep 2025097062.743.08$2,985
Aug 2025093963.933.01$2,831
Jul 2025052866.743.32$1,750
Jun 20252564266.483.13$3,671
May 2025046160.553.23$1,490
Apr 20252476962.363.54$4,221
Mar 20252581767.704.27$5,180
Feb 20253273870.884.34$5,472
Jan 2025099674.324.28$4,262
Dec 2024261,15368.993.12$5,393
Nov 20242229069.052.20$2,157
Oct 202401,07371.372.28$2,448
Sep 20241069.612.36$70
Aug 202429075.632.06$2,193
Jul 20242865979.932.15$3,653
Jun 2024291,05878.082.63$5,051
May 20243499278.812.20$4,860
Apr 2024096984.451.66$1,608
Mar 2024091180.301.55$1,408
Feb 20242797476.091.78$3,792
Jan 2024521,14573.023.30$7,573
Dec 2023261,06571.262.61$4,633
Nov 202301,17677.892.81$3,302
Oct 2023321,20085.443.09$6,439
Sep 2023391,22989.042.74$6,834
Aug 202301,24880.522.67$3,336
Jul 20234445374.852.64$4,490
Jun 20234347268.962.26$4,031
May 20236346170.622.23$5,476
Apr 2023045578.122.24$1,018
Mar 2023048872.852.39$1,168
Feb 2023045475.112.47$1,119
Jan 20235845476.533.39$5,977
Dec 2022046376.415.73$2,653
Nov 2022049185.005.65$2,772
Oct 20225651787.185.86$7,914
Sep 20225953284.888.16$9,351
Aug 20224854594.529.13$9,511
Jul 202244515101.587.54$8,354
Jun 20220553115.097.98$4,411
May 202245606109.378.43$10,032
Apr 20220425104.226.84$2,906
Mar 202247782108.885.08$9,087
Feb 20224090391.054.86$8,030
Jan 20220081.844.54$0
Dec 202101,29671.323.90$5,053
Nov 2021401,11077.435.24$8,910
Oct 2021461,40679.795.71$11,704
Sep 2021461,10869.865.35$9,142
Aug 2021901,36266.024.22$11,690
Jul 202101,35670.783.98$5,400
Jun 2021461,32969.493.38$7,689
May 2021461,35963.483.02$7,021
Apr 202101,32260.362.76$3,647
Mar 2021921,32561.302.72$9,240
Feb 2021060757.805.55$3,368
Jan 2021099750.412.81$2,802
Dec 2020471,25544.642.68$5,456
Nov 2020271,14738.772.71$4,151
Oct 2020801,12536.972.48$5,746
Sep 202001,36037.091.99$2,708
Aug 202045039.982.39$1,799
Jul 202001,27738.371.83$2,331
Jun 2020461,31034.901.69$3,820
May 202001,07016.921.81$1,942
Apr 2020341,24514.751.80$2,748
Mar 202001,27330.341.86$2,363
Feb 2020441,34749.881.98$4,863
Jan 202001,17757.252.09$2,466
Dec 201901,31659.012.30$3,033
Nov 2019421,42055.302.75$6,229
Oct 201901,44853.472.42$3,502
Sep 201901,10455.052.66$2,934
Aug 2019099653.112.30$2,295
Jul 201901,16556.272.46$2,866
Jun 201901,41752.782.49$3,530
May 201901,46158.482.74$4,004
Apr 201901,39062.632.75$3,823
Mar 2019661,39056.803.06$8,005
Feb 201901,24750.852.79$3,482
Jan 20191331,02646.033.23$9,434
Dec 2018701,28446.594.19$8,635
Nov 2018056952.934.24$2,411
Oct 20181311,24061.443.40$12,262
Sep 2018681,48459.543.11$8,661
Aug 20181311,25259.403.07$11,621
Jul 20181021,42365.142.93$10,816
Jun 2018671,43560.183.08$8,447
May 2018681,27965.382.90$8,156
Apr 2018681,25963.842.90$7,993
Mar 2018671,37461.222.79$7,931
Feb 2018691,26461.782.77$7,759
Jan 20181341,03862.874.01$12,586
Dec 2017671,42957.272.92$8,012
Nov 20171651,38655.423.12$13,466
Oct 2017651,32649.292.98$7,160
Sep 20171331,19047.523.09$9,994
Aug 20171011,47345.373.00$9,008
Jul 20171701,49743.873.09$12,080
Jun 2017651,57042.493.09$7,609
May 201712986345.373.26$8,669
Apr 2017321,38847.933.21$5,991
Mar 20171261,43646.772.98$10,178
Feb 2017611,30450.452.95$6,928
Jan 20171101,43449.413.42$10,338
Dec 2016661,34048.763.72$8,207
Nov 2016651,26042.492.64$6,094
Oct 2016661,25446.193.09$6,924
Sep 20161441,43941.553.10$10,445
Aug 201601,16641.442.92$3,410
Jul 20161551,51741.622.92$10,887
Jun 20162921,32345.352.69$16,796
May 20164974142.521.99$3,559
Apr 201620259836.561.99$8,576
Mar 2016991,33233.011.79$5,658
Feb 20161021,29126.472.06$5,364
Jan 20161041,42227.352.36$6,207
Dec 20152011,47132.362.00$9,448
Nov 20153091,45338.792.17$15,135
Oct 201501,48043.552.43$3,591
Sep 20152081,45542.992.76$12,955
Aug 201501,15840.162.87$3,326
Jul 20153081,50348.152.95$19,257
Jun 201501,27756.152.88$3,681
May 20153131,50655.212.96$21,732
Apr 20151031,58849.822.71$9,429
Mar 201501,58342.892.93$4,646
Feb 201501,39144.662.98$4,140
Jan 20151051,47043.433.10$9,118
Dec 201401,64854.693.59$5,919
Nov 201401,79270.464.25$7,619
Oct 20141671,09478.303.90$17,344
Sep 201401,64086.164.05$6,635
Aug 20141031,33089.394.04$14,574
Jul 20141011,57896.564.18$16,348
Jun 201401,53398.164.74$7,262
May 20141001,59694.734.73$17,017
Apr 20141051,14195.944.81$15,561
Mar 2014941,41795.895.06$16,179
Feb 201401,32497.406.19$8,198
Jan 20141811,43890.404.86$23,352
Dec 20132041,48791.824.35$25,206
Nov 20131051,38088.853.74$14,488
Oct 201301,57097.423.78$5,934
Sep 2013971,521104.113.72$15,753
Aug 20131671,593104.253.52$23,021
Jul 20131011,545102.523.72$16,098
Jun 2013981,46094.403.93$14,994
May 20131541,39394.834.15$20,383
Apr 2013811,47893.964.28$13,940
Mar 20132071,58493.623.91$25,577
Feb 20131631,28691.233.42$19,268
Jan 201301,52891.603.42$5,226
Dec 20121051,57386.773.42$14,491
Nov 20121021,61386.953.62$14,716
Oct 20121751,67189.383.40$21,322
Sep 20122061,35994.672.92$23,468
Aug 20122021,07992.662.91$21,855
Jul 20121471,07885.133.02$15,771
Jun 20121031,11179.822.52$11,020
May 201220092191.612.49$20,614
Apr 20121971,032101.652.00$22,086
Mar 201201,033105.052.22$2,295
Feb 20121081,036101.102.57$13,582
Jan 20121081,13198.092.73$13,686
Dec 201101,10396.873.24$3,573
Nov 20111061,10095.723.31$13,789
Oct 20111681,22784.983.65$18,753
Sep 20112081,19983.623.99$22,172
Aug 20111671,04083.404.15$18,243
Jul 20111031,22494.144.52$15,226
Jun 201110342392.904.64$11,531
May 20112761,18298.134.40$32,290
Apr 20110391105.964.33$1,694
Mar 20112701,15896.364.06$30,716
Feb 20111011,05485.644.18$13,055
Jan 201101,24686.504.59$5,718
Dec 201001,19085.734.35$5,174
Nov 201010369380.843.80$10,957
Oct 20101031,24178.103.51$12,399
Sep 2010971,17472.633.98$11,717
Aug 201010072673.684.42$10,576
Jul 2010078872.554.74$3,732
Jun 20101681,19970.364.91$17,708
May 20101001,16271.124.24$12,033
Apr 20101051,16781.694.12$13,389
Mar 2010088178.394.39$3,866
Feb 2010039973.585.44$2,172
Jan 2010029774.365.96$1,771
Dec 200910382671.445.48$11,888
Nov 200901,01574.593.75$3,808
Oct 20091121,01672.544.11$12,300
Sep 2009861,01665.543.06$8,750
Aug 2009881,46667.423.22$10,651
Jul 200901,60161.133.46$5,547
Jun 2009881,15566.163.90$10,321
May 200915881654.743.93$11,852
Apr 2009881,59446.773.59$9,834
Mar 200901,59742.144.06$6,482
Feb 20091681,24332.814.63$11,271
Jan 200901,60335.865.37$8,610
Dec 2008831,66137.105.98$13,007
Nov 2008791,60255.496.86$15,374
Oct 200801,77975.246.92$12,314
Sep 20081501,685101.767.88$28,537
Aug 200801,654114.228.48$14,031
Jul 2008461,790131.0811.39$26,417
Jun 2008811,584131.3313.03$31,281
May 2008881,503123.1711.57$28,235
Apr 2008821,566110.3110.45$25,418
Mar 2008731,410101.909.66$21,065
Feb 200801,57492.538.77$13,805
Jan 20081911,69990.388.21$31,204
Dec 2007951,78088.337.30$21,389
Nov 2007931,75891.677.29$21,344
Oct 2007921,84482.856.92$20,386
Sep 20071001,77475.846.24$18,661
Aug 2007991,89769.066.39$18,955
Jul 20071901,67770.906.39$24,184
Jun 20071001,61562.007.55$18,391
May 20071961,62258.747.85$24,240
Apr 2007971,19559.617.81$15,109
Mar 2007971,35356.927.30$15,401
Feb 2007981,41055.108.22$16,984
Jan 200701,61850.306.73$10,884
Dec 2006941,68656.656.92$16,990
Nov 20061911,29654.207.62$20,224
Oct 200601,64354.906.01$9,881
Sep 2006941,61260.085.04$13,767
Aug 20062601,66568.717.34$30,086
Jul 2006861,46369.376.34$15,245
Jun 200601,34366.286.38$8,574
May 2006911,53466.016.42$15,863
Apr 20061591,47964.397.36$21,124
Mar 2006881,45456.707.08$15,288
Feb 2006831,39957.597.75$15,624
Jan 2006821,63760.598.93$19,592
Dec 2005831,65654.9413.42$26,776
Nov 20051681,31554.6910.59$23,112
Oct 2005701,62258.3413.80$26,461
Sep 20057954261.4512.08$11,401
Aug 2005851,54761.519.80$20,384
Jul 20051711,47655.697.84$21,100
Jun 2005801,51252.337.38$15,347
May 2005061645.226.65$4,097
Apr 200522964849.207.36$16,036
Mar 200501,69650.377.15$12,135
Feb 2005821,19545.226.31$11,251
Jan 20051621,23743.166.32$14,812
Dec 2004751,27539.866.75$11,597
Nov 20041561,27045.286.33$15,103
Oct 2004961,31249.706.52$13,319
Sep 2004981,25843.245.28$10,885
Aug 20041821,32142.375.55$15,044
Jul 20041771,31038.286.08$14,746
Jun 200401,22736.106.43$7,893
May 20041751,03937.486.49$13,307
Apr 2004871,09034.475.86$9,385
Mar 20042661,17134.365.53$15,616
Feb 2004841,15632.455.51$9,095
Jan 2004871,29432.036.30$10,938
Dec 20031701,34630.266.30$13,626
Nov 20031641,30228.804.60$10,706
Oct 20031731,32428.174.76$11,175
Sep 2003881,29826.314.75$8,480
Aug 20032531,34929.765.13$14,449
Jul 20032671,39329.415.17$15,055
Jun 2003881,28928.565.98$10,225
May 2003901,38426.595.97$10,659
Apr 200317987226.675.41$9,489
Mar 2003911,20831.146.10$10,198
Feb 20031691,09733.487.93$14,353
Jan 20031721,29530.315.58$12,442
Dec 20021781,33926.914.85$11,289
Nov 2002881,31224.664.14$7,598
Oct 2002891,34126.464.23$8,026
Sep 2002841,26727.443.64$6,911
Aug 2002871,30425.963.16$6,385
Jul 2002871,34324.583.06$6,250
Jun 20021591,28823.733.34$8,073
May 2002851,28524.663.58$6,702
Apr 20021581,18623.653.51$7,902
Mar 20021611,23022.003.10$7,358
Feb 2002811,15218.222.38$4,213
Jan 2002801,31017.172.38$4,486
Dec 20012201,37916.932.36$6,985
Nov 200101,36118.072.41$3,274
Oct 20011281,43019.782.53$6,148
Sep 20011631,23024.262.25$6,724
Aug 20011851,15824.873.05$8,137
Jul 20011411,14223.933.20$7,025
Jun 200101,09024.563.82$4,168
May 200118297525.524.31$8,844
Apr 200115593824.685.34$8,830
Mar 20011801,03624.545.38$9,987
Feb 200118183927.755.77$9,861
Jan 200101,03727.478.40$8,710
Dec 20001821,12126.889.12$15,118
Nov 20001941,32832.215.66$13,763
Oct 200001,26631.235.15$6,514
Sep 20001891,30531.875.19$12,792
Aug 20001041,37229.644.54$9,312
Jul 200001,37528.534.09$5,623
Jun 2000571,32629.304.40$7,501
May 20001421,28727.263.68$8,607
Apr 20001291,26124.513.12$7,091
Mar 20001221,37728.422.86$7,405
Feb 20001311,29427.622.73$7,146
Jan 20001201,34225.272.48$6,361
Dec 199901,35324.282.42$3,279
Nov 19991221,36723.192.43$6,156
Oct 19991211,41720.982.80$6,511
Sep 19991761,41121.752.62$7,523
Aug 19991771,45119.262.88$7,582
Jul 199901,48717.892.37$3,528
Jun 19991451,33015.942.36$5,453
May 19991781,09315.792.32$5,347
Apr 19991701,26315.102.21$5,356
Mar 19991661,34212.471.84$4,537
Feb 19991601,1229.981.82$3,636
Jan 19991641,26610.381.90$4,108
Dec 199801,4469.201.77$2,564
Nov 199801,71810.892.19$3,755
Oct 19981732,05912.421.97$6,203
Sep 19981771,97912.592.08$6,350
Aug 19981802,07811.301.91$5,997
Jul 19981782,11411.742.24$6,819
Jun 199802,02411.242.24$4,528
May 19981801,94712.622.21$6,567
Apr 19981791,91113.042.51$7,122
Mar 199801,75112.802.31$4,044
Feb 19981851,74013.952.30$6,581
Jan 1998592,00914.702.15$5,196
Dec 19971401,92916.322.41$6,936
Nov 19971662,02618.193.09$9,276
Oct 19972602,17019.253.15$11,840
Sep 19971502,11817.742.95$8,919
Aug 199702,23917.862.55$5,720
Jul 19971852,32317.582.25$8,472
Jun 19971752,35317.242.26$8,328
May 19971751,79918.972.31$7,473
Apr 19971952,06817.882.08$7,794
Mar 199702,07818.951.94$4,030
Feb 19971901,94320.492.21$8,179
Jan 19972002,24323.483.54$12,636
Dec 19962142,32123.32$4,990
Nov 19962112,25121.97$4,636
Oct 19962172,41023.31$5,058
Sep 19962072,34322.22$4,600
Aug 199602,43820.26$0
Jul 19962102,48319.55$4,106
Jun 19962202,38218.73$4,121
May 19962212,42119.43$4,294
Apr 19962239,22021.51$4,797
Mar 19962236,38119.38$4,322
Feb 19962102,58216.98$3,566
Jan 19962162,34317.07$3,687
Dec 199502,38417.19$0
Nov 19952382,26116.00$3,808
Oct 19952402,35715.43$3,703
Sep 19952402,34816.18$3,883
Aug 19952452,48615.92$3,900
Jul 19952502,41915.24$3,810
Jun 19952452,55216.41$4,020
May 19952512,63617.56$4,408
Apr 19952522,27817.73$4,468
Mar 19952552,34316.44$4,192
Feb 19952542,13616.58$4,211
Jan 19952512,47615.92$3,996
Dec 19942522,55015.03$3,788
Nov 19945052,55515.90$8,030
Oct 19942712,66515.58$4,222
Sep 199402,53715.29$0
Aug 19945132,73816.13$8,275
Jul 19942712,82117.56$4,759
Jun 19942692,71917.09$4,597
May 19942682,71115.88$4,256
Apr 19942692,67214.14$3,804
Mar 19945452,57012.46$6,791
Feb 19942692,32212.50$3,363
Jan 19942752,67412.66$3,482
Dec 19935902,85512.33$7,275
Nov 19933002,81014.49$4,347
Oct 19933003,23515.85$4,755
Sep 19933001,68515.03$4,509
Aug 19935502,50415.66$8,613
Jul 19933092,98215.46$4,777
Jun 19935623,12116.79$9,436
May 19933082,72017.68$5,445
Apr 19933072,81318.05$5,541
Mar 19935872,88618.14$10,648
Feb 19933092,63917.90$5,531
Jan 19933133,11416.93$5,299

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                    0 bbl  × $106.41 =         $0
Casinghead gas       881 Mcf  × $  3.05 =     $2,683

────────────────────────────────────────────────────
Month total                                   $2,683

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/3979 is the state's own key, not one this site invented.