JENNEY

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 3981District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$117 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
NGPA10none

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
OilDisposition68,399 bbl$3,013,781
Casinghead gasProduction35,893 Mcf$133,005
Total$3,146,787

10,561 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 (10)

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 35.3930, -100.6669. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

35.39300, -100.66729 · 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 10 wells
With a plug date
0.0%
0 of 10 wells
Median depth
3,100 ft
10 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.
10100.0%

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, 10 of 10 wells. Median 3,100 ft, with the middle half between 3,078 and 3,100 ft; the shallowest is 3,000 ft and the deepest 3,200 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 10 wells, Feb 1975 – Aug 1978. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1975 – Aug 1978
10 of 10 wells

10 wells

42-17930298113,070 ftAug 1978
42-1793023153,200 ftJul 1978
42-1793020133,000 ftJun 1978
42-1793020023,050 ftJun 1978
42-1793027083,100 ftFeb 1976
42-17930288103,100 ftDec 1975
42-1793028593,100 ftDec 1975
42-1793023243,100 ftFeb 1975
42-1793023863,150 ftFeb 1975
42-1793024073,100 ftFeb 1975

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 20261460106.413.05$15,536
Apr 2026147098.932.87$14,543
Mar 2026112089.753.15$10,052
Feb 2026166063.503.75$10,541
Jan 202690059.138.00$5,322
Dec 2025157056.664.41$8,896
Nov 2025113058.593.93$6,621
Oct 2025160059.383.30$9,501
Sep 2025138062.743.08$8,658
Aug 2025138063.933.01$8,822
Jul 2025149066.743.32$9,944
Jun 2025124066.483.13$8,244
May 2025140060.553.23$8,477
Apr 2025120062.363.54$7,483
Mar 2025112067.704.27$7,582
Feb 2025103070.884.34$7,301
Jan 202580074.324.28$5,946
Dec 202499068.993.12$6,830
Nov 2024117069.052.20$8,079
Oct 2024104071.372.28$7,422
Sep 2024117069.612.36$8,144
Aug 2024139075.632.06$10,513
Jul 2024138079.932.15$11,030
Jun 202496078.082.63$7,496
May 2024157078.812.20$12,373
Apr 2024156084.451.66$13,174
Mar 2024115080.301.55$9,235
Feb 2024120076.091.78$9,131
Jan 2024154073.023.30$11,245
Dec 2023120071.262.61$8,551
Nov 2023154077.892.81$11,995
Oct 2023141085.443.09$12,047
Sep 2023125089.042.74$11,130
Aug 2023147080.522.67$11,836
Jul 2023124074.852.64$9,281
Jun 2023128068.962.26$8,827
May 2023158070.622.23$11,158
Apr 2023110078.122.24$8,593
Mar 2023172072.852.39$12,530
Feb 2023138075.112.47$10,365
Jan 2023124076.533.39$9,490
Dec 202269076.415.73$5,272
Nov 2022108085.005.65$9,180
Oct 2022101087.185.86$8,805
Sep 2022158084.888.16$13,411
Aug 2022168094.529.13$15,879
Jul 20221170101.587.54$11,885
Jun 2022610115.097.98$7,020
May 2022850109.378.43$9,296
Apr 2022850104.226.84$8,859
Mar 2022740108.885.08$8,057
Feb 202264091.054.86$5,827
Jan 20220081.844.54$0
Dec 202154071.323.90$3,851
Nov 202174077.435.24$5,730
Oct 202190079.795.71$7,181
Sep 202160069.865.35$4,192
Aug 202184066.024.22$5,546
Jul 202184070.783.98$5,946
Jun 202164069.493.38$4,447
May 202179063.483.02$5,015
Apr 202176060.362.76$4,587
Mar 202166061.302.72$4,046
Feb 202154057.805.55$3,121
Jan 202155050.412.81$2,773
Dec 202054044.642.68$2,411
Nov 202064038.772.71$2,481
Oct 2020142036.972.48$5,250
Sep 202053037.091.99$1,966
Aug 202074039.982.39$2,959
Jul 202074038.371.83$2,839
Jun 202064034.901.69$2,234
May 202064016.921.81$1,083
Apr 202064014.751.80$944
Mar 202074030.341.86$2,245
Feb 202064049.881.98$3,192
Jan 202075057.252.09$4,294
Dec 201975059.012.30$4,426
Nov 201964055.302.75$3,539
Oct 201974053.472.42$3,957
Sep 201975055.052.66$4,129
Aug 201974053.112.30$3,930
Jul 2019107056.272.46$6,021
Jun 201974052.782.49$3,906
May 201984058.482.74$4,912
Apr 2019349062.632.75$21,858
Mar 2019190056.803.06$10,792
Feb 2019144050.852.79$7,322
Jan 2019246046.033.23$11,323
Dec 2018146046.594.19$6,802
Nov 2018193052.934.24$10,215
Oct 2018168061.443.40$10,322
Sep 2018170059.543.11$10,122
Aug 2018191059.403.07$11,345
Jul 2018217065.142.93$14,135
Jun 2018144060.183.08$8,666
May 2018141065.382.90$9,219
Apr 2018144063.842.90$9,193
Mar 2018145061.222.79$8,877
Feb 2018144061.782.77$8,896
Jan 2018145062.874.01$9,116
Dec 2017168057.272.92$9,621
Nov 2017144055.423.12$7,980
Oct 2017145049.292.98$7,147
Sep 2017170047.523.09$8,078
Aug 2017145045.373.00$6,579
Jul 2017215043.873.09$9,432
Jun 2017170042.493.09$7,223
May 2017241045.373.26$10,934
Apr 2017164047.933.21$7,861
Mar 2017194046.772.98$9,073
Feb 2017190050.452.95$9,586
Jan 2017186049.413.42$9,190
Dec 2016189048.763.72$9,216
Nov 2016167042.492.64$7,096
Oct 2016167046.193.09$7,714
Sep 2016191041.553.10$7,936
Aug 2016180041.442.92$7,459
Jul 2016139041.622.92$5,785
Jun 2016142045.352.69$6,440
May 2016161042.521.99$6,846
Apr 2016143036.561.99$5,228
Mar 2016166033.011.79$5,480
Feb 2016149026.472.06$3,944
Jan 2016160027.352.36$4,376
Dec 2015116032.362.00$3,754
Nov 2015129038.792.17$5,004
Oct 2015185043.552.43$8,057
Sep 2015128042.992.76$5,503
Aug 2015163040.162.87$6,546
Jul 2015203048.152.95$9,774
Jun 2015127056.152.88$7,131
May 2015166055.212.96$9,165
Apr 2015167049.822.71$8,320
Mar 2015184042.892.93$7,892
Feb 2015131044.662.98$5,850
Jan 2015161043.433.10$6,992
Dec 2014125054.693.59$6,836
Nov 2014145070.464.25$10,217
Oct 2014198078.303.90$15,503
Sep 2014126086.164.05$10,856
Aug 2014179089.394.04$16,001
Jul 2014177096.564.18$17,091
Jun 2014144098.164.74$14,135
May 2014199094.734.73$18,851
Apr 2014161095.944.81$15,446
Mar 2014144095.895.06$13,808
Feb 2014125097.406.19$12,175
Jan 2014142090.404.86$12,837
Dec 2013127091.824.35$11,661
Nov 2013142088.853.74$12,617
Oct 2013180097.423.78$17,536
Sep 20131450104.113.72$15,096
Aug 20131600104.253.52$16,680
Jul 20131460102.523.72$14,968
Jun 2013143094.403.93$13,499
May 2013145094.834.15$13,750
Apr 2013183093.964.28$17,195
Mar 2013147093.623.91$13,762
Feb 2013108091.233.42$9,853
Jan 2013145091.603.42$13,282
Dec 2012110086.773.42$9,545
Nov 2012164086.953.62$14,260
Oct 2012146089.383.40$13,049
Sep 2012127094.672.92$12,023
Aug 2012126092.662.91$11,675
Jul 2012145085.133.02$12,344
Jun 2012180079.822.52$14,368
May 2012129091.612.49$11,818
Apr 20121490101.652.00$15,146
Mar 20121290105.052.22$13,551
Feb 20121490101.102.57$15,064
Jan 2012150098.092.73$14,714
Dec 2011107096.873.24$10,365
Nov 2011111095.723.31$10,625
Oct 2011182084.983.65$15,466
Sep 2011145083.623.99$12,125
Aug 2011126083.404.15$10,508
Jul 2011131094.144.52$12,332
Jun 2011102092.904.64$9,476
May 2011103098.134.40$10,107
Apr 2011870105.964.33$9,219
Mar 201188096.364.06$8,480
Feb 201156085.644.18$4,796
Jan 2011114086.504.59$9,861
Dec 201099085.734.35$8,487
Nov 201086080.843.80$6,952
Oct 201084078.103.51$6,560
Sep 201093072.633.98$6,755
Aug 20101115173.684.42$8,404
Jul 201084172.554.74$6,099
Jun 201070270.364.91$4,935
May 20101101171.124.24$7,870
Apr 201082081.694.12$6,699
Mar 2010108878.394.39$8,501
Feb 2010541673.585.44$4,060
Jan 2010801174.365.96$6,014
Dec 20091124471.445.48$8,243
Nov 200911017574.593.75$8,861
Oct 200910817872.544.11$8,566
Sep 200911110965.543.06$7,609
Aug 200911015567.423.22$7,915
Jul 200912612961.133.46$8,149
Jun 200911312766.163.90$7,971
May 20098514054.743.93$5,203
Apr 200911414846.773.59$5,863
Mar 200914316542.144.06$6,696
Feb 200911712732.814.63$4,427
Jan 20098516035.865.37$3,907
Dec 200814716837.105.98$6,458
Nov 200811617455.496.86$7,631
Oct 2008100075.246.92$7,524
Sep 2008140290101.767.88$16,531
Aug 2008113217114.228.48$14,748
Jul 2008113240131.0811.39$17,546
Jun 2008104164131.3313.03$15,796
May 2008101157123.1711.57$14,257
Apr 200887164110.3110.45$11,312
Mar 2008101134101.909.66$11,587
Feb 200812215292.538.77$12,622
Jan 200813915490.388.21$13,827
Dec 200712521388.337.30$12,597
Nov 20071029391.677.29$10,028
Oct 20071356882.856.92$11,655
Sep 20071216675.846.24$9,589
Aug 20071377169.066.39$9,915
Jul 20071559670.906.39$11,603
Jun 200715213462.007.55$10,435
May 200714111858.747.85$9,208
Apr 200710414759.617.81$7,347
Mar 200714018856.927.30$9,342
Feb 200710217855.108.22$7,083
Jan 200714619650.306.73$8,662
Dec 200610321556.656.92$7,322
Nov 200615517054.207.62$9,696
Oct 200614721754.906.01$9,375
Sep 200614722860.085.04$9,980
Aug 200616422868.717.34$12,942
Jul 200614220769.376.34$11,163
Jun 200613020566.286.38$9,925
May 200617726066.016.42$13,354
Apr 20069411164.397.36$6,870
Mar 20069412156.707.08$6,187
Feb 200612713757.597.75$8,376
Jan 200615821360.598.93$11,476
Dec 200512720254.9413.42$9,687
Nov 20059817754.6910.59$7,234
Oct 200516321258.3413.80$12,434
Sep 20051336761.4512.08$8,982
Aug 200515924761.519.80$12,200
Jul 200515924655.697.84$10,784
Jun 200515025352.337.38$9,717
May 20051287345.226.65$6,274
Apr 20051636049.207.36$8,461
Mar 200516420450.377.15$9,720
Feb 200515019645.226.31$8,020
Jan 200516424043.166.32$8,596
Dec 200416424239.866.75$8,171
Nov 200414525645.286.33$8,186
Oct 200424925049.706.52$14,004
Sep 200424529043.245.28$12,126
Aug 200428730042.375.55$13,825
Jul 200425135338.286.08$11,756
Jun 200420644336.106.43$10,286
May 20042507037.486.49$9,825
Apr 200423211734.475.86$8,682
Mar 20042776234.365.53$9,861
Feb 200423410932.455.51$8,194
Jan 20042305832.036.30$7,732
Dec 200320811730.266.30$7,031
Nov 20032318828.804.60$7,057
Oct 200323110828.174.76$7,021
Sep 200325010726.314.75$7,086
Aug 200322912029.765.13$7,431
Jul 200326012829.415.17$8,308
Jun 200323710328.565.98$7,385
May 20032399626.595.97$6,928
Apr 20031918826.675.41$5,570
Mar 200326310331.146.10$8,818
Feb 20031939633.487.93$7,223
Jan 200324113230.315.58$8,042
Dec 200226413026.914.85$7,735
Nov 200219212424.664.14$5,248
Oct 200228613726.464.23$8,147
Sep 200221615527.443.64$6,491
Aug 200223820525.963.16$6,827
Jul 200228520524.583.06$7,633
Jun 200221610623.733.34$5,480
May 200226111724.663.58$6,856
Apr 200226012523.653.51$6,588
Mar 20022199422.003.10$5,110
Feb 2002173518.222.38$3,164
Jan 2002217017.172.38$3,726
Dec 20012081916.932.36$3,566
Nov 200119412518.072.41$3,806
Oct 200125115219.782.53$5,349
Sep 200122516224.262.25$5,823
Aug 200127217724.873.05$7,305
Jul 200121827323.933.20$6,090
Jun 200122632124.563.82$6,778
May 200126618225.524.31$7,572
Apr 200121514624.685.34$6,085
Mar 200122716924.545.38$6,479
Feb 200119113527.755.77$6,079
Jan 200119815927.478.40$6,774
Dec 200020217226.889.12$6,999
Nov 200027018832.215.66$9,760
Oct 200022317931.235.15$7,885
Sep 200020821731.875.19$7,754
Aug 200031523129.644.54$10,386
Jul 200022222628.534.09$7,258
Jun 200022122729.304.40$7,473
May 200032327027.263.68$9,799
Apr 200022421124.513.12$6,148
Mar 200025222528.422.86$7,805
Feb 200020519127.622.73$6,183
Jan 200022720025.272.48$6,232
Dec 199916921624.282.42$4,627
Nov 199922917423.192.43$5,734
Oct 199918119720.982.80$4,350
Sep 199924215321.752.62$5,664
Aug 199918920719.262.88$4,235
Jul 199920421217.892.37$4,153
Jun 199925620415.942.36$4,563
May 199921119215.792.32$3,777
Apr 199922923715.102.21$3,981
Mar 199928230712.471.84$4,081
Feb 19991713099.981.82$2,268
Jan 199922219310.381.90$2,671
Dec 19982702459.201.77$2,918
Nov 199822223510.892.19$2,931
Oct 19981738212.421.97$2,310
Sep 19982796212.592.08$3,642
Aug 19982279011.301.91$2,737
Jul 199828310911.742.24$3,566
Jun 199822711711.242.24$2,813
May 199822812612.622.21$3,155
Apr 199822915413.042.51$3,372
Mar 199832216812.802.31$4,510
Feb 19983164313.952.30$4,507
Jan 19982339914.702.15$3,638
Dec 19973586716.322.41$6,004
Nov 19972536518.193.09$4,803
Oct 19973038319.253.15$6,094
Sep 199725012517.742.95$4,804
Aug 199723414317.862.55$4,545
Jul 199732112917.582.25$5,933
Jun 199724611917.242.26$4,510
May 199723210218.972.31$4,637
Apr 199729016817.882.08$5,535
Mar 199724717818.951.94$5,026
Feb 199725316920.492.21$5,557
Jan 199732022923.483.54$8,324
Dec 199626421723.32$6,156
Nov 199626522121.97$5,822
Oct 199630626023.31$7,133
Sep 199624528122.22$5,444
Aug 199625830220.26$5,227
Jul 199631434319.55$6,139
Jun 199626533418.73$4,963
May 199634240619.43$6,645
Apr 199625824721.51$5,550
Mar 199625824719.38$5,000
Feb 199627425516.98$4,653
Jan 199633828317.07$5,770
Dec 199526811117.19$4,607
Nov 199533625416.00$5,376
Oct 199526431915.43$4,074
Sep 199526936416.18$4,352
Aug 199533834615.92$5,381
Jul 199527628915.24$4,206
Jun 199529415516.41$4,825
May 199529712417.56$5,215
Apr 199519633517.73$3,475
Mar 199523218016.44$3,814
Feb 199519014016.58$3,150
Jan 199523418515.92$3,725
Dec 199424118415.03$3,622
Nov 199423713815.90$3,768
Oct 199422113015.58$3,443
Sep 199421916415.29$3,349
Aug 199423219316.13$3,742
Jul 199425520317.56$4,478
Jun 199423519917.09$4,016
May 199426919715.88$4,272
Apr 199423521914.14$3,323
Mar 199425520112.46$3,177
Feb 199427320812.50$3,413
Jan 199422320212.66$2,823
Dec 199328223412.33$3,477
Nov 199323517314.49$3,405
Oct 199323120215.85$3,661
Sep 199326119115.03$3,923
Aug 199325816115.66$4,040
Jul 199324220615.46$3,741
Jun 199325221216.79$4,231
May 199325117317.68$4,438
Apr 1993256518.05$4,621
Mar 199327019018.14$4,898
Feb 199326518017.90$4,744
Jan 199324619816.93$4,165

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                  146 bbl  × $106.41 =    $15,536
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $15,536

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/3981 is the state's own key, not one this site invented.