MATHERS

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 414District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$423 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
OilDisposition8,839 bbl$388,875
Casinghead gasProduction6,633 Mcf$33,997
Total$422,872

240 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 (9)

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 35.3810, -100.5933. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles. 7 wells have no surveyed location and are left out of it.

35.38105, -100.59326 · centre of 2 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
88.9%
8 of 9 wells
With a plug date
77.8%
7 of 9 wells
Median depth
2,605 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
888.9%
A plug date is filed
777.8%
BothOn the schedule and plugged. Neither fact cancels the other.
777.8%
NeitherNo plug date, and not on the schedule.
111.1%

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, 1 of 9 wells. Median 2,605 ft, with the middle half between 2,605 and 2,605 ft; the shallowest is 2,605 ft and the deepest 2,605 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, 1 of 9 wells, Aug 2005. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 2005
1 of 9 wells; 8 filed none
Plug dates filed
Jun 1972 – Jan 1975
7 of 9 wells; 2 filed none

9 wells

42-1798565611Jun 1972Yes
42-179856576May 1974Yes
42-179856588May 1974Yes
42-179856599May 1974Yes
42-1798566010May 1974Yes
42-179856612Jan 1975Yes
42-179856624Jan 1975Yes
42-179822081
42-1790376952,605 ftAug 2005Yes

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 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
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 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202320074.852.64$1,497
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022087115.097.98$694
May 2022093109.378.43$784
Apr 2022090104.226.84$615
Mar 2022093108.885.08$472
Feb 202208491.054.86$408
Jan 202209381.844.54$422
Dec 202109371.323.90$363
Nov 202109077.435.24$471
Oct 202109379.795.71$531
Sep 202109069.865.35$482
Aug 202109366.024.22$393
Jul 202109370.783.98$370
Jun 202109069.493.38$304
May 202109363.483.02$281
Apr 202109060.362.76$248
Mar 2021699361.302.72$4,482
Feb 202108457.805.55$466
Jan 202109350.412.81$261
Dec 202009344.642.68$249
Nov 2020809038.772.71$3,345
Oct 202009336.972.48$230
Sep 202009037.091.99$179
Aug 2020889339.982.39$3,740
Jul 202009338.371.83$170
Jun 202009034.901.69$152
May 202009316.921.81$169
Apr 2020799014.751.80$1,328
Mar 202009330.341.86$173
Feb 202008749.881.98$172
Jan 2020909357.252.09$5,347
Dec 201909359.012.30$214
Nov 201909055.302.75$248
Oct 201909353.472.42$225
Sep 201988055.052.66$4,844
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201973052.782.49$3,853
May 20190058.482.74$0
Apr 201988062.632.75$5,511
Mar 20190556.803.06$15
Feb 20190550.852.79$14
Jan 201989546.033.23$4,113
Dec 20180546.594.19$21
Nov 20180552.934.24$21
Oct 201893561.443.40$5,731
Sep 20180559.543.11$16
Aug 20180559.403.07$15
Jul 201885565.142.93$5,552
Jun 20180560.183.08$15
May 20180565.382.90$15
Apr 201881563.842.90$5,186
Mar 20180561.222.79$14
Feb 20180561.782.77$14
Jan 201887562.874.01$5,490
Dec 20170557.272.92$15
Nov 201791555.423.12$5,059
Oct 20170549.292.98$15
Sep 20170547.523.09$15
Aug 201786545.373.00$3,917
Jul 201780543.873.09$3,525
Jun 20170542.493.09$15
May 20170545.373.26$16
Apr 201792547.933.21$4,426
Mar 20170546.772.98$15
Feb 20170550.452.95$15
Jan 201782549.413.42$4,069
Dec 20160548.763.72$19
Nov 20160542.492.64$13
Oct 20160546.193.09$15
Sep 201684541.553.10$3,506
Aug 20160541.442.92$15
Jul 201680541.622.92$3,344
Jun 20160545.352.69$13
May 201688542.521.99$3,752
Apr 20160536.561.99$10
Mar 20160533.011.79$9
Feb 20160526.472.06$10
Jan 20160527.352.36$12
Dec 20150532.362.00$10
Nov 20150538.792.17$11
Oct 201573543.552.43$3,191
Sep 20150542.992.76$14
Aug 20150540.162.87$14
Jul 20150548.152.95$15
Jun 20150556.152.88$14
May 20150555.212.96$15
Apr 20150549.822.71$14
Mar 20150542.892.93$15
Feb 20150544.662.98$15
Jan 20150543.433.10$16
Dec 20140554.693.59$18
Nov 20140570.464.25$21
Oct 201474578.303.90$5,814
Sep 20140586.164.05$20
Aug 20140589.394.04$20
Jul 20140596.564.18$21
Jun 201482598.164.74$8,073
May 20140594.734.73$24
Apr 20140595.944.81$24
Mar 20140595.895.06$25
Feb 201484597.406.19$8,213
Jan 20140590.404.86$24
Dec 20130591.824.35$22
Nov 20130588.853.74$19
Oct 20130597.423.78$19
Sep 201305104.113.72$19
Aug 2013795104.253.52$8,253
Jul 201305102.523.72$19
Jun 20130594.403.93$20
May 201378594.834.15$7,417
Apr 20130593.964.28$21
Mar 20130593.623.91$20
Feb 201385591.233.42$7,772
Jan 20130591.603.42$17
Dec 20120586.773.42$17
Nov 20120586.953.62$18
Oct 201265589.383.40$5,827
Sep 20120594.672.92$15
Aug 20120592.662.91$15
Jul 201274585.133.02$6,315
Jun 20120579.822.52$13
May 20120591.612.49$12
Apr 2012715101.652.00$7,227
Mar 201205105.052.22$11
Feb 201205101.102.57$13
Jan 20120598.092.73$14
Dec 20110596.873.24$16
Nov 20110595.723.31$17
Oct 201183584.983.65$7,072
Sep 20110583.623.99$20
Aug 201164583.404.15$5,358
Jul 20110594.144.52$23
Jun 20110592.904.64$23
May 201160598.134.40$5,910
Apr 201105105.964.33$22
Mar 20110596.364.06$20
Feb 2011044385.644.18$1,852
Jan 20110586.504.59$23
Dec 20100585.734.35$22
Nov 20100580.843.80$19
Oct 20100578.103.51$18
Sep 201081572.633.98$5,903
Aug 20100573.684.42$22
Jul 20100572.554.74$24
Jun 201073570.364.91$5,161
May 20100571.124.24$21
Apr 20100581.694.12$21
Mar 201075578.394.39$5,901
Feb 20100573.585.44$27
Jan 20100574.365.96$30
Dec 20090571.445.48$27
Nov 20090574.593.75$19
Oct 200973572.544.11$5,316
Sep 20090565.543.06$15
Aug 200975567.423.22$5,073
Jul 20090561.133.46$17
Jun 20090566.163.90$19
May 200983554.743.93$4,563
Apr 20090546.773.59$18
Mar 20090542.144.06$20
Feb 200974532.814.63$2,451
Jan 20090535.865.37$27
Dec 20080537.105.98$30
Nov 20080555.496.86$34
Oct 20080575.246.92$35
Sep 200805101.767.88$39
Aug 200805114.228.48$42
Jul 200885885131.0811.39$21,221
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 2008785110.3110.45$8,656
Mar 200805101.909.66$48
Feb 20080592.538.77$44
Jan 200887590.388.21$7,904
Dec 200724588.337.30$2,156
Nov 20070591.677.29$36
Oct 200790582.856.92$7,491
Sep 20070575.846.24$31
Aug 200785569.066.39$5,902
Jul 20070570.906.39$32
Jun 20070562.007.55$38
May 200784558.747.85$4,973
Apr 20070559.617.81$39
Mar 20078459556.927.30$9,126
Feb 20070555.108.22$41
Jan 200784550.306.73$4,259
Dec 20060556.656.92$35
Nov 20060554.207.62$38
Oct 20060554.906.01$30
Sep 20060560.085.04$25
Aug 20060568.717.34$37
Jul 20060569.376.34$32
Jun 20060566.286.38$32
May 20060566.016.42$32
Apr 20060564.397.36$37
Mar 20060556.707.08$35
Feb 20060557.597.75$39
Jan 20060560.598.93$45
Dec 200582554.9413.42$4,572
Nov 20050554.6910.59$53
Oct 20050558.3413.80$69
Sep 200582561.4512.08$5,099
Aug 20050561.519.80$49
Jul 20057815655.697.84$5,567
Jun 20050552.337.38$37
May 20050545.226.65$33
Apr 200580549.207.36$3,973
Mar 20050550.377.15$36
Feb 200534545.226.31$1,569
Jan 200583543.166.32$3,614
Dec 20040539.866.75$34
Nov 20040545.286.33$32
Oct 200476549.706.52$3,810
Sep 20040543.245.28$26
Aug 200480542.375.55$3,417
Jul 20040538.286.08$30
Jun 200475536.106.43$2,740
May 200475537.486.49$2,843
Apr 20040534.475.86$29
Mar 200482534.365.53$2,845
Feb 20040532.455.51$28
Jan 20040532.036.30$32
Dec 200380530.266.30$2,452
Nov 20030528.804.60$23
Oct 200383528.174.76$2,362
Sep 20030526.314.75$24
Aug 20030529.765.13$26
Jul 200381529.415.17$2,408
Jun 20030528.565.98$30
May 200381526.595.97$2,184
Apr 20030526.675.41$27
Mar 20030531.146.10$30
Feb 200378533.487.93$2,651
Jan 20030530.315.58$28
Dec 200285526.914.85$2,312
Nov 20020524.664.14$21
Oct 20020526.464.23$21
Sep 200278527.443.64$2,159
Aug 20020525.963.16$16
Jul 200277524.583.06$1,908
Jun 200230523.733.34$729
May 200281524.663.58$2,015
Apr 20020523.653.51$18
Mar 200282522.003.10$1,820
Feb 20020518.222.38$12
Jan 20020517.172.38$12
Dec 200180516.932.36$1,366
Nov 20010518.072.41$12
Oct 200182519.782.53$1,635
Sep 20010524.262.25$11
Aug 20010524.873.05$15
Jul 200182523.933.20$1,978
Jun 20010524.563.82$19
May 200182525.524.31$2,114
Apr 20010524.685.34$27
Mar 200181524.545.38$2,015
Feb 20010527.755.77$29
Jan 20010527.478.40$42
Dec 200081526.889.12$2,223
Nov 20000532.215.66$28
Oct 200083531.235.15$2,618
Sep 20000531.875.19$26
Aug 20000529.644.54$23
Jul 200077528.534.09$2,217
Jun 20000529.304.40$22
May 200081527.263.68$2,226
Apr 20000524.513.12$16
Mar 200080528.422.86$2,288
Feb 20000527.622.73$14
Jan 20000525.272.48$12
Dec 199979524.282.42$1,930
Nov 19990523.192.43$12
Oct 199980520.982.80$1,692
Sep 19990521.752.62$13
Aug 199981519.262.88$1,574
Jul 19990517.892.37$12
Jun 19990515.942.36$12
May 199980515.792.32$1,275
Apr 19990515.102.21$11
Mar 199983512.471.84$1,044
Feb 1999059.981.82$9
Jan 199979510.381.90$830
Dec 1998059.201.77$9
Nov 19980510.892.19$11
Oct 199882512.421.97$1,028
Sep 19980512.592.08$10
Aug 19980511.301.91$10
Jul 199880511.742.24$950
Jun 19980511.242.24$11
May 19980512.622.21$11
Apr 1998114513.042.51$1,499
Mar 19980512.802.31$12
Feb 19980513.952.30$12
Jan 199881514.702.15$1,201
Dec 19970516.322.41$12
Nov 19970518.193.09$15
Oct 199783519.253.15$1,614
Sep 19970517.742.95$15
Aug 19970517.862.55$13
Jul 19970517.582.25$11
Jun 199778517.242.26$1,356
May 19970518.972.31$12
Apr 19970517.882.08$10
Mar 199781518.951.94$1,545
Feb 19970520.492.21$11
Jan 19970523.483.54$18
Dec 199681523.32$1,889
Nov 19960521.97$0
Oct 19960523.31$0
Sep 199676522.22$1,689
Aug 19960520.26$0
Jul 19960519.55$0
Jun 199680518.73$1,498
May 19960519.43$0
Apr 19960521.51$0
Mar 199679519.38$1,531
Feb 19960516.98$0
Jan 19960517.07$0
Dec 199580517.19$1,375
Nov 19950516.00$0
Oct 19950515.43$0
Sep 199579516.18$1,278
Aug 19950515.92$0
Jul 199580515.24$1,219
Jun 19950516.41$0
May 19950517.56$0
Apr 19950517.73$0
Mar 199581516.44$1,332
Feb 19950516.58$0
Jan 19950515.92$0
Dec 19940515.03$0
Nov 199480515.90$1,272
Oct 19940515.58$0
Sep 19940515.29$0
Aug 199482516.13$1,323
Jul 19940517.56$0
Jun 19940517.09$0
May 199480515.88$1,270
Apr 19940514.14$0
Mar 19940512.46$0
Feb 199476512.50$950
Jan 19940512.66$0
Dec 19930512.33$0
Nov 199383514.49$1,203
Oct 19930515.85$0
Sep 19930515.03$0
Aug 199383515.66$1,300
Jul 19930515.46$0
Jun 19930516.79$0
May 199385517.68$1,503
Apr 19930518.05$0
Mar 19930518.14$0
Feb 199381517.90$1,450
Jan 19930516.93$0

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.

Jul 2023 — as filed, then multipliedworked
Oil                   20 bbl  × $ 74.85 =     $1,497
Casinghead gas         0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                   $1,497

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/414 is the state's own key, not one this site invented.