BACK

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 4159District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$39 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
NGPA4none

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
OilDisposition19,717 bbl$951,569
Casinghead gasProduction34,338 Mcf$126,629
Total$1,078,198

7,516 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 (3)

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 35.3945, -100.6599. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.39455, -100.65995 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
2,900 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
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.
3100.0%

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 2,900 and 3,020 ft, median 2,900 ft, over the 3 wells that filed a depth.

Completions filed
Oct 1976 – Jul 1978
3 of 3 wells

3 wells

42-1793033133,020 ftJul 1978
42-1793032822,900 ftJul 1978
42-1793032412,900 ftOct 1976

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 20264920106.413.05$5,275
Apr 2026491698.932.87$4,893
Mar 2026371589.753.15$3,368
Feb 202655863.503.75$3,523
Jan 202630859.138.00$1,838
Dec 2025521356.664.41$3,004
Nov 2025381458.593.93$2,281
Oct 2025531959.383.30$3,210
Sep 2025461962.743.08$2,945
Aug 2025462363.933.01$3,010
Jul 2025491266.743.32$3,310
Jun 2025412166.483.13$2,791
May 202547860.553.23$2,872
Apr 2025401662.363.54$2,551
Mar 2025381967.704.27$2,654
Feb 2025391470.884.34$2,825
Jan 2025322774.324.28$2,494
Dec 2024392568.993.12$2,769
Nov 202447469.052.20$3,254
Oct 2024271071.372.28$1,950
Sep 20240069.612.36$0
Aug 20249075.632.06$681
Jul 2024381479.932.15$3,067
Jun 2024322078.082.63$2,551
May 2024522378.812.20$4,149
Apr 2024522284.451.66$4,428
Mar 2024381580.301.55$3,075
Feb 2024402176.091.78$3,081
Jan 2024512973.023.30$3,820
Dec 2023403571.262.61$2,942
Nov 2023514077.892.81$4,085
Oct 2023343185.443.09$3,001
Sep 202310389.042.74$899
Aug 202324980.522.67$1,957
Jul 202333874.852.64$2,491
Jun 2023432168.962.26$3,013
May 2023543270.622.23$3,885
Apr 2023372678.122.24$2,949
Mar 2023574272.852.39$4,253
Feb 2023474075.112.47$3,629
Jan 2023542776.533.39$4,224
Dec 2022352876.415.73$2,835
Nov 2022543485.005.65$4,782
Oct 2022463287.185.86$4,198
Sep 2022543284.888.16$4,845
Aug 2022553294.529.13$5,491
Jul 20223826101.587.54$4,056
Jun 20224027115.097.98$4,819
May 20225635109.378.43$6,420
Apr 20225620104.226.84$5,973
Mar 20224914108.885.08$5,406
Feb 2022421691.054.86$3,902
Jan 20220081.844.54$0
Dec 2021352871.323.90$2,605
Nov 2021492677.435.24$3,930
Oct 2021593279.795.71$4,890
Sep 2021402469.865.35$2,923
Aug 2021553066.024.22$3,758
Jul 2021553270.783.98$4,020
Jun 2021393569.493.38$2,828
May 2021434063.483.02$2,850
Apr 2021423760.362.76$2,637
Mar 2021373061.302.72$2,350
Feb 2021301657.805.55$1,823
Jan 2021303050.412.81$1,597
Dec 2020303144.642.68$1,422
Nov 2020352838.772.71$1,433
Oct 2020522636.972.48$1,987
Sep 2020292937.091.99$1,133
Aug 202041039.982.39$1,639
Jul 2020413038.371.83$1,628
Jun 2020352934.901.69$1,271
May 2020352816.921.81$643
Apr 2020353214.751.80$574
Mar 2020413530.341.86$1,309
Feb 2020353249.881.98$1,809
Jan 2020413657.252.09$2,423
Dec 2019413459.012.30$2,498
Nov 2019353855.302.75$2,040
Oct 2019414053.472.42$2,289
Sep 201941055.052.66$2,257
Aug 201941053.112.30$2,178
Jul 201959056.272.46$3,320
Jun 201941052.782.49$2,164
May 201946058.482.74$2,690
Apr 201938062.632.75$2,380
Mar 201955056.803.06$3,124
Feb 201941050.852.79$2,085
Jan 201970046.033.23$3,222
Dec 201842046.594.19$1,957
Nov 201855052.934.24$2,911
Oct 201848061.443.40$2,949
Sep 201849059.543.11$2,917
Aug 201855059.403.07$3,267
Jul 201862065.142.93$4,039
Jun 201841060.183.08$2,467
May 201841065.382.90$2,681
Apr 201841063.842.90$2,617
Mar 201842061.222.79$2,571
Feb 201841061.782.77$2,533
Jan 201841062.874.01$2,578
Dec 201748057.272.92$2,749
Nov 201741055.423.12$2,272
Oct 201742049.292.98$2,070
Sep 201749047.523.09$2,328
Aug 201741045.373.00$1,860
Jul 201761043.873.09$2,676
Jun 201749042.493.09$2,082
May 201769045.373.26$3,131
Apr 201748047.933.21$2,301
Mar 201756046.772.98$2,619
Feb 201755050.452.95$2,775
Jan 201753049.413.42$2,619
Dec 201654048.763.72$2,633
Nov 201648042.492.64$2,040
Oct 201648046.193.09$2,217
Sep 201655041.553.10$2,285
Aug 201652041.442.92$2,155
Jul 201644041.622.92$1,831
Jun 201645045.352.69$2,041
May 201651042.521.99$2,169
Apr 201645036.561.99$1,645
Mar 201653033.011.79$1,750
Feb 201647026.472.06$1,244
Jan 201654027.352.36$1,477
Dec 201541032.362.00$1,327
Nov 201541038.792.17$1,590
Oct 201558043.552.43$2,526
Sep 201540042.992.76$1,720
Aug 201552040.162.87$2,088
Jul 201564048.152.95$3,082
Jun 201540056.152.88$2,246
May 201553055.212.96$2,926
Apr 201553049.822.71$2,640
Mar 201558042.892.93$2,488
Feb 201541044.662.98$1,831
Jan 201551043.433.10$2,215
Dec 201440054.693.59$2,188
Nov 201446070.464.25$3,241
Oct 201463078.303.90$4,933
Sep 201440086.164.05$3,446
Aug 201457089.394.04$5,095
Jul 201456096.564.18$5,407
Jun 201445098.164.74$4,417
May 201463094.734.73$5,968
Apr 201451095.944.81$4,893
Mar 201446095.895.06$4,411
Feb 201440097.406.19$3,896
Jan 201445090.404.86$4,068
Dec 201341091.824.35$3,765
Nov 201345088.853.74$3,998
Oct 201356097.423.78$5,456
Sep 2013460104.113.72$4,789
Aug 2013500104.253.52$5,213
Jul 2013460102.523.72$4,716
Jun 201346094.403.93$4,342
May 201345094.834.15$4,267
Apr 201358093.964.28$5,450
Mar 201347093.623.91$4,400
Feb 201334091.233.42$3,102
Jan 2013463,95991.603.42$17,753
Dec 201235086.773.42$3,037
Nov 201251086.953.62$4,434
Oct 201246089.383.40$4,111
Sep 201240094.672.92$3,787
Aug 201240092.662.91$3,706
Jul 201245085.133.02$3,831
Jun 201257079.822.52$4,550
May 201241091.612.49$3,756
Apr 2012470101.652.00$4,778
Mar 2012410105.052.22$4,307
Feb 2012470101.102.57$4,752
Jan 201248098.092.73$4,708
Dec 201137096.873.24$3,584
Nov 201135095.723.31$3,350
Oct 201158084.983.65$4,929
Sep 201146083.623.99$3,847
Aug 201148083.404.15$4,003
Jul 201150094.144.52$4,707
Jun 201139092.904.64$3,623
May 201140098.134.40$3,925
Apr 2011340105.964.33$3,603
Mar 201134096.364.06$3,276
Feb 201122085.644.18$1,884
Jan 201146086.504.59$3,979
Dec 201040085.734.35$3,429
Nov 2010352880.843.80$2,936
Oct 2010344678.103.51$2,817
Sep 2010393172.633.98$2,956
Aug 2010461273.684.42$3,442
Jul 201035572.554.74$2,563
Jun 2010299870.364.91$2,522
May 2010453771.124.24$3,357
Apr 201034081.694.12$2,777
Mar 201044078.394.39$3,449
Feb 201022073.585.44$1,619
Jan 201033074.365.96$2,454
Dec 2009465371.445.48$3,577
Nov 2009458474.593.75$3,672
Oct 2009449472.544.11$3,578
Sep 2009467765.543.06$3,251
Aug 2009468567.423.22$3,375
Jul 2009538961.133.46$3,548
Jun 2009488066.163.90$3,487
May 2009368854.743.93$2,316
Apr 20094814946.773.59$2,780
Mar 20096014842.144.06$3,129
Feb 20094910932.814.63$2,113
Jan 20093214235.865.37$1,910
Dec 20085613737.105.98$2,896
Nov 20084415055.496.86$3,471
Oct 20083813875.246.92$3,814
Sep 20085488101.767.88$6,188
Aug 20084488114.228.48$5,772
Jul 20084494131.0811.39$6,838
Jun 20084482131.3313.03$6,847
May 20084484123.1711.57$6,392
Apr 20083891110.3110.45$5,143
Mar 20084490101.909.66$5,353
Feb 20084712892.538.77$5,472
Jan 20085311890.388.21$5,758
Dec 20074812688.337.30$5,160
Nov 20073911691.677.29$4,421
Oct 20074812282.856.92$4,821
Sep 20074312675.846.24$4,048
Aug 20074913269.066.39$4,227
Jul 20075513270.906.39$4,743
Jun 20075413962.007.55$4,397
May 20075015758.747.85$4,169
Apr 20073711059.617.81$3,064
Mar 20075011556.927.30$3,686
Feb 20073613555.108.22$3,093
Jan 20075116350.306.73$3,662
Dec 20063620256.656.92$3,437
Nov 20065517854.207.62$4,337
Oct 20064825354.906.01$4,157
Sep 20064810060.085.04$3,388
Aug 20065410268.717.34$4,459
Jul 2006479669.376.34$3,869
Jun 2006439066.286.38$3,425
May 20065910266.016.42$4,550
Apr 2006429764.397.36$3,418
Mar 20063110056.707.08$2,466
Feb 2006429657.597.75$3,163
Jan 20065210660.598.93$4,098
Dec 20054212354.9413.42$3,958
Nov 20053213254.6910.59$3,148
Oct 20055418558.3413.80$5,703
Sep 2005447261.4512.08$3,573
Aug 20055314961.519.80$4,720
Jul 20055314055.697.84$4,050
Jun 20055014152.337.38$3,657
May 20056545.226.65$305
Apr 2005558149.207.36$3,302
Mar 20055622250.377.15$4,409
Feb 20055121245.226.31$3,644
Jan 20055622743.166.32$3,852
Dec 20045511539.866.75$2,969
Nov 20044912945.286.33$3,035
Oct 20045013749.706.52$3,378
Sep 200449843.245.28$2,161
Aug 200457042.375.55$2,415
Jul 20045010938.286.08$2,577
Jun 20044112036.106.43$2,252
May 20045011037.486.49$2,588
Apr 20044610234.475.86$2,183
Mar 20045513534.365.53$2,636
Feb 20044713632.455.51$2,274
Jan 20044615232.036.30$2,431
Dec 20034215630.266.30$2,254
Nov 20034712628.804.60$1,933
Oct 20034716728.174.76$2,119
Sep 20035117726.314.75$2,182
Aug 20034718329.765.13$2,337
Jul 20035318029.415.17$2,489
Jun 20032117228.565.98$1,629
May 20032119826.595.97$1,741
Apr 20031713826.675.41$1,200
Mar 20032421131.146.10$2,034
Feb 20031819133.487.93$2,116
Jan 20032317730.315.58$1,685
Dec 20022519626.914.85$1,624
Nov 20021920024.664.14$1,296
Oct 20022821226.464.23$1,637
Sep 20022122127.443.64$1,380
Aug 20022323925.963.16$1,353
Jul 20022825324.583.06$1,463
Jun 20022327823.733.34$1,474
May 20022830524.663.58$1,784
Apr 20022811223.653.51$1,056
Mar 20022412022.003.10$900
Feb 20021911018.222.38$608
Jan 20022413817.172.38$740
Dec 20012312716.932.36$690
Nov 20012212218.072.41$691
Oct 20012913519.782.53$915
Sep 20012612124.262.25$903
Aug 20013212924.873.05$1,190
Jul 20012612623.933.20$1,025
Jun 20012713124.563.82$1,164
May 20013212025.524.31$1,334
Apr 20012611824.685.34$1,271
Mar 20012813324.545.38$1,402
Feb 20012412127.755.77$1,364
Jan 20012513927.478.40$1,854
Dec 20002613326.889.12$1,912
Nov 20003515232.215.66$1,987
Oct 2000291631.235.15$988
Sep 20002713331.875.19$1,550
Aug 20004518729.644.54$2,183
Jul 20003219328.534.09$1,702
Jun 20003217729.304.40$1,716
May 20004622127.263.68$2,067
Apr 20003220124.513.12$1,411
Mar 20003614928.422.86$1,449
Feb 2000296027.622.73$965
Jan 2000326425.272.48$967
Dec 1999247424.282.42$762
Nov 19993315623.192.43$1,145
Oct 199926220.982.80$551
Sep 19993511121.752.62$1,052
Aug 19992718219.262.88$1,043
Jul 1999296417.892.37$671
Jun 19993613915.942.36$902
May 19993013915.792.32$796
Apr 1999329615.102.21$695
Mar 1999391912.471.84$521
Feb 1999241469.981.82$505
Jan 1999313810.381.90$394
Dec 1998381199.201.77$561
Nov 19983113610.892.19$635
Oct 19982414312.421.97$580
Sep 19983913512.592.08$772
Aug 19983214011.301.91$629
Jul 19984014711.742.24$798
Jun 19983211111.242.24$608
May 19983216112.622.21$759
Apr 19983215513.042.51$806
Mar 199812510612.802.31$1,845
Feb 19981236913.952.30$1,874
Jan 19989113814.702.15$1,635
Dec 199714010516.322.41$2,538
Nov 19979912118.193.09$2,174
Oct 199711815019.253.15$2,744
Sep 19979714217.742.95$2,140
Aug 19979114717.862.55$2,001
Jul 199712511617.582.25$2,458
Jun 19979614117.242.26$1,973
May 19979118218.972.31$2,146
Apr 199711420717.882.08$2,469
Mar 19979717518.951.94$2,178
Feb 19979918620.492.21$2,439
Jan 199712514423.483.54$3,445
Dec 19967519123.32$1,749
Nov 19967519721.97$1,648
Oct 19967322523.31$1,702
Sep 19964623622.22$1,022
Aug 19965024920.26$1,013
Jul 19966225019.55$1,212
Jun 19965223818.73$974
May 19966825419.43$1,321
Apr 19965126721.51$1,097
Mar 19965124119.38$988
Feb 19965423816.98$917
Jan 19966625117.07$1,127
Dec 19955228417.19$894
Nov 19956530116.00$1,040
Oct 199510128615.43$1,558
Sep 199510332416.18$1,667
Aug 199513037215.92$2,070
Jul 199510640115.24$1,615
Jun 19951131716.41$1,854
May 1995115517.56$2,019
Apr 199552517.73$922
Mar 199561516.44$1,003
Feb 199550516.58$829
Jan 1995621515.92$987
Dec 19946313915.03$947
Nov 1994623015.90$986
Oct 1994585615.58$904
Sep 1994582015.29$887
Aug 1994611916.13$984
Jul 1994677117.56$1,177
Jun 19946211617.09$1,060
May 1994718615.88$1,127
Apr 19946213414.14$877
Mar 1994678512.46$835
Feb 1994725112.50$900
Jan 1994596912.66$747
Dec 199314010412.33$1,726
Nov 199311715914.49$1,695
Oct 199311530415.85$1,823
Sep 199313027115.03$1,954
Aug 199312825615.66$2,004
Jul 199312033215.46$1,855
Jun 19931255616.79$2,099
May 19931255117.68$2,210
Apr 19931284818.05$2,310
Mar 19931355418.14$2,449
Feb 199310811117.90$1,933
Jan 19931043716.93$1,761

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                   49 bbl  × $106.41 =     $5,214
Casinghead gas        20 Mcf  × $  3.05 =        $61

────────────────────────────────────────────────────
Month total                                   $5,275

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/4159 is the state's own key, not one this site invented.