GEM

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 4161District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$398 k
Jan 1993 – May 2026
Value, last 12 filed months
$10 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
NGPA1none

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
OilDisposition6,405 bbl$391,730
Casinghead gasProduction1,575 Mcf$5,952
Total$397,682

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 (5)

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 35.3710, -100.6424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.37105, -100.64238 · 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
80.0%
4 of 5 wells
With a plug date
80.0%
4 of 5 wells
Median depth
3,100 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
480.0%
A plug date is filed
480.0%
BothOn the schedule and plugged. Neither fact cancels the other.
480.0%
NeitherNo plug date, and not on the schedule.
120.0%

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

The one well that filed a depth was drilled to 3,100 ft.

Completions filed
Oct 1976
1 of 5 wells; 4 filed none
Plug dates filed
Feb 1977 – Feb 1978
4 of 5 wells; 1 filed none

5 wells

42-179856483Feb 1978Yes
42-179856494Feb 1977Yes
42-179856502Feb 1977Yes
42-179856516Feb 1977Yes
42-1793031313,100 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 2026110106.413.05$1,171
Apr 202613098.932.87$1,286
Mar 202610089.753.15$898
Feb 202612063.503.75$762
Jan 202610059.138.00$591
Dec 202512056.664.41$680
Nov 202511058.593.93$644
Oct 202512059.383.30$713
Sep 202513062.743.08$816
Aug 202513063.933.01$831
Jul 202514066.743.32$934
Jun 202513066.483.13$864
May 202511060.553.23$666
Apr 202513062.363.54$811
Mar 202512067.704.27$812
Feb 202510070.884.34$709
Jan 202512074.324.28$892
Dec 202410068.993.12$690
Nov 202410069.052.20$691
Oct 20247071.372.28$500
Sep 202410069.612.36$696
Aug 202412075.632.06$908
Jul 202413079.932.15$1,039
Jun 202410078.082.63$781
May 202413078.812.20$1,025
Apr 202412084.451.66$1,013
Mar 202413080.301.55$1,044
Feb 202410076.091.78$761
Jan 202410073.023.30$730
Dec 202313071.262.61$926
Nov 202313077.892.81$1,013
Oct 202312085.443.09$1,025
Sep 202313089.042.74$1,158
Aug 202317080.522.67$1,369
Jul 202314074.852.64$1,048
Jun 20239068.962.26$621
May 202316070.622.23$1,130
Apr 202312078.122.24$937
Mar 202314072.852.39$1,020
Feb 20234075.112.47$300
Jan 20231076.533.39$77
Dec 202210076.415.73$764
Nov 202212085.005.65$1,020
Oct 20226087.185.86$523
Sep 202215084.888.16$1,273
Aug 202218094.529.13$1,701
Jul 2022210101.587.54$2,133
Jun 2022130115.097.98$1,496
May 2022190109.378.43$2,078
Apr 2022130104.226.84$1,355
Mar 2022200108.885.08$2,178
Feb 202213091.054.86$1,184
Jan 202219081.844.54$1,555
Dec 202119071.323.90$1,355
Nov 202119077.435.24$1,471
Oct 202119079.795.71$1,516
Sep 202122069.865.35$1,537
Aug 202126066.024.22$1,717
Jul 202120070.783.98$1,416
Jun 202117069.493.38$1,181
May 202118063.483.02$1,143
Apr 202117060.362.76$1,026
Mar 202124061.302.72$1,471
Feb 202117057.805.55$983
Jan 202118050.412.81$907
Dec 202017044.642.68$759
Nov 202021038.772.71$814
Oct 202018036.972.48$665
Sep 202024037.091.99$890
Aug 202017039.982.39$680
Jul 202021038.371.83$806
Jun 202021034.901.69$733
May 202021016.921.81$355
Apr 202023014.751.80$339
Mar 202021030.341.86$637
Feb 202017049.881.98$848
Jan 202019057.252.09$1,088
Dec 201920059.012.30$1,180
Nov 201917055.302.75$940
Oct 201924053.472.42$1,283
Sep 201921055.052.66$1,156
Aug 201930053.112.30$1,593
Jul 201923056.272.46$1,294
Jun 201921052.782.49$1,108
May 201923058.482.74$1,345
Apr 201921062.632.75$1,315
Mar 201914556.803.06$811
Feb 201910550.852.79$522
Jan 201911546.033.23$522
Dec 201810546.594.19$487
Nov 201812552.934.24$656
Oct 201811561.443.40$693
Sep 201812559.543.11$730
Aug 201812559.403.07$728
Jul 201814565.142.93$927
Jun 201812560.183.08$738
May 201812565.382.90$799
Apr 20189563.842.90$589
Mar 201810561.222.79$626
Feb 201810561.782.77$632
Jan 201813562.874.01$837
Dec 201710557.272.92$587
Nov 201716555.423.12$902
Oct 201710549.292.98$508
Sep 201716547.523.09$776
Aug 201714545.373.00$650
Jul 201718543.873.09$805
Jun 201712542.493.09$525
May 201710545.373.26$470
Apr 201710547.933.21$495
Mar 201713546.772.98$623
Feb 201712550.452.95$620
Jan 201710549.413.42$511
Dec 201612548.763.72$604
Nov 201612542.492.64$523
Oct 201613546.193.09$616
Sep 201613541.553.10$556
Aug 201615541.442.92$636
Jul 201631541.622.92$1,305
Jun 201628545.352.69$1,283
May 201624542.521.99$1,030
Apr 201625536.561.99$924
Mar 201626533.011.79$867
Feb 201622526.472.06$593
Jan 201626527.352.36$723
Dec 201524532.362.00$787
Nov 201534538.792.17$1,330
Oct 201528543.552.43$1,232
Sep 201525542.992.76$1,089
Aug 201529540.162.87$1,179
Jul 201533548.152.95$1,604
Jun 201525556.152.88$1,418
May 201525555.212.96$1,395
Apr 201529549.822.71$1,458
Mar 201525542.892.93$1,087
Feb 201522544.662.98$997
Jan 201529543.433.10$1,275
Dec 201428554.693.59$1,549
Nov 201429570.464.25$2,065
Oct 201429578.303.90$2,290
Sep 201429586.164.05$2,519
Aug 201426589.394.04$2,344
Jul 201429596.564.18$2,821
Jun 201428598.164.74$2,772
May 201429594.734.73$2,771
Apr 201436595.944.81$3,478
Mar 201428595.895.06$2,710
Feb 201424597.406.19$2,369
Jan 201421590.404.86$1,923
Dec 201326591.824.35$2,409
Nov 201333588.853.74$2,951
Oct 201330597.423.78$2,942
Sep 2013295104.113.72$3,038
Aug 2013445104.253.52$4,605
Jul 2013295102.523.72$2,992
Jun 201325594.403.93$2,380
May 201330594.834.15$2,866
Apr 201330593.964.28$2,840
Mar 201333593.623.91$3,109
Feb 201323591.233.42$2,115
Jan 201322591.603.42$2,032
Dec 201222586.773.42$1,926
Nov 201236586.953.62$3,148
Oct 201226589.383.40$2,341
Sep 201237594.672.92$3,517
Aug 201229592.662.91$2,702
Jul 201237585.133.02$3,165
Jun 201230579.822.52$2,407
May 201228591.612.49$2,578
Apr 2012335101.652.00$3,364
Mar 2012225105.052.22$2,322
Feb 2012375101.102.57$3,754
Jan 201234598.092.73$3,349
Dec 201128596.873.24$2,729
Nov 201130595.723.31$2,888
Oct 201133584.983.65$2,823
Sep 201126583.623.99$2,194
Aug 201134583.404.15$2,856
Jul 201132594.144.52$3,035
Jun 201135592.904.64$3,275
May 201129598.134.40$2,868
Apr 2011185105.964.33$1,929
Mar 201133596.364.06$3,200
Feb 201119585.644.18$1,648
Jan 201125586.504.59$2,185
Dec 201025585.734.35$2,165
Nov 201033580.843.80$2,687
Oct 201025578.103.51$1,970
Sep 201032572.633.98$2,344
Aug 201025573.684.42$1,864
Jul 201028572.554.74$2,055
Jun 201033570.364.91$2,346
May 201026571.124.24$1,870
Apr 201033581.694.12$2,716
Mar 201043578.394.39$3,393
Feb 201019573.585.44$1,425
Jan 201029574.365.96$2,186
Dec 200933571.445.48$2,385
Nov 200930574.593.75$2,256
Oct 200939572.544.11$2,850
Sep 200930565.543.06$1,982
Aug 200938567.423.22$2,578
Jul 200934561.133.46$2,096
Jun 200939566.163.90$2,600
May 200933554.743.93$1,826
Apr 200938546.773.59$1,795
Mar 200937542.144.06$1,579
Feb 200932532.814.63$1,073
Jan 200934535.865.37$1,246
Dec 200838537.105.98$1,440
Nov 200842555.496.86$2,365
Oct 200831575.246.92$2,367
Sep 2008505101.767.88$5,127
Aug 2008375114.228.48$4,269
Jul 2008305131.0811.39$3,989
Jun 2008425131.3313.03$5,581
May 2008475123.1711.57$5,847
Apr 2008325110.3110.45$3,582
Mar 2008445101.909.66$4,532
Feb 20083592.538.77$321
Jan 20085590.388.21$493
Dec 20077588.337.30$655
Nov 20075591.677.29$495
Oct 20076582.856.92$532
Sep 20076575.846.24$486
Aug 20075569.066.39$377
Jul 20077570.906.39$528
Jun 20077562.007.55$472
May 20078558.747.85$509
Apr 20076559.617.81$397
Mar 20077556.927.30$435
Feb 20075555.108.22$317
Jan 20076550.306.73$335
Dec 20067556.656.92$431
Nov 20067554.207.62$417
Oct 20068554.906.01$469
Sep 20067560.085.04$446
Aug 20069568.717.34$655
Jul 20066569.376.34$448
Jun 20066566.286.38$430
May 20067566.016.42$494
Apr 20067564.397.36$488
Mar 20065556.707.08$319
Feb 20065557.597.75$327
Jan 20067560.598.93$469
Dec 20056554.9413.42$397
Nov 20056554.6910.59$381
Oct 20057558.3413.80$477
Sep 20055561.4512.08$368
Aug 20058561.519.80$541
Jul 20057555.697.84$429
Jun 20055552.337.38$299
May 20056545.226.65$305
Apr 20056549.207.36$332
Mar 20056550.377.15$338
Feb 20056545.226.31$303
Jan 20056543.166.32$291
Dec 20046539.866.75$273
Nov 20046545.286.33$303
Oct 20048549.706.52$430
Sep 20047543.245.28$329
Aug 20048542.375.55$367
Jul 20046538.286.08$260
Jun 20047536.106.43$285
May 20047537.486.49$295
Apr 20048534.475.86$305
Mar 200410534.365.53$371
Feb 20047532.455.51$255
Jan 20048532.036.30$288
Dec 20038530.266.30$274
Nov 20037528.804.60$225
Oct 20039528.174.76$277
Sep 20038526.314.75$234
Aug 20038529.765.13$264
Jul 200310529.415.17$320
Jun 20039528.565.98$287
May 20039526.595.97$269
Apr 20038526.675.41$240
Mar 200311531.146.10$373
Feb 20038533.487.93$307
Jan 20039530.315.58$301
Dec 200211526.914.85$320
Nov 20028524.664.14$218
Oct 20029526.464.23$259
Sep 200210527.443.64$293
Aug 20029525.963.16$249
Jul 200211524.583.06$286
Jun 20029523.733.34$230
May 200210524.663.58$265
Apr 20029523.653.51$230
Mar 200210522.003.10$236
Feb 20028518.222.38$158
Jan 200211517.172.38$201
Dec 200110516.932.36$181
Nov 200112518.072.41$229
Oct 200112519.782.53$250
Sep 20018524.262.25$205
Aug 200112524.873.05$314
Jul 200110523.933.20$255
Jun 200110524.563.82$265
May 200111525.524.31$302
Apr 200111524.685.34$298
Mar 20019524.545.38$248
Feb 20019527.755.77$279
Jan 200111527.478.40$344
Dec 20009526.889.12$288
Nov 200012532.215.66$415
Oct 200012531.235.15$400
Sep 200010531.875.19$345
Aug 200015529.644.54$467
Jul 200010528.534.09$306
Jun 200010529.304.40$315
May 200014527.263.68$400
Apr 200010524.513.12$261
Mar 200015528.422.86$441
Feb 200010527.622.73$290
Jan 200012525.272.48$316
Dec 19999524.282.42$231
Nov 199914523.192.43$337
Oct 199912520.982.80$266
Sep 199914521.752.62$318
Aug 19998519.262.88$168
Jul 19998517.892.37$155
Jun 19996515.942.36$107
May 19999515.792.32$154
Apr 19998515.102.21$132
Mar 19999512.471.84$121
Feb 1999759.981.82$79
Jan 19999510.381.90$103
Dec 19981059.201.77$101
Nov 19987510.892.19$87
Oct 19987512.421.97$97
Sep 19988512.592.08$111
Aug 19987511.301.91$89
Jul 19989511.742.24$117
Jun 19987511.242.24$90
May 19987512.622.21$99
Apr 19989513.042.51$130
Mar 19989512.802.31$127
Feb 19989513.952.30$137
Jan 19988514.702.15$128
Dec 199710516.322.41$175
Nov 19978518.193.09$161
Oct 19978519.253.15$170
Sep 19979517.742.95$174
Aug 19978517.862.55$156
Jul 19978517.582.25$152
Jun 19978517.242.26$149
May 19977518.972.31$144
Apr 199710517.882.08$189
Mar 19978518.951.94$161
Feb 19976520.492.21$134
Jan 19978523.483.54$206
Dec 19967523.32$163
Nov 19966521.97$132
Oct 19969523.31$210
Sep 19968522.22$178
Aug 19968520.26$162
Jul 19969519.55$176
Jun 19968518.73$150
May 199611519.43$214
Apr 19968521.51$172
Mar 19968519.38$155
Feb 199611516.98$187
Jan 199611517.07$188
Dec 19959517.19$155
Nov 199513516.00$208
Oct 19959515.43$139
Sep 19959516.18$146
Aug 199511515.92$175
Jul 19959515.24$137
Jun 19959516.41$148
May 199512517.56$211
Apr 199510517.73$177
Mar 199512516.44$197
Feb 19958516.58$133
Jan 199511515.92$175
Dec 199410515.03$150
Nov 199411515.90$175
Oct 199412515.58$187
Sep 19949515.29$138
Aug 199411516.13$177
Jul 19949517.56$158
Jun 199411517.09$188
May 199411515.88$175
Apr 199411514.14$156
Mar 19949512.46$112
Feb 199411512.50$138
Jan 199410512.66$127
Dec 199314512.33$173
Nov 199313514.49$188
Oct 199313515.85$206
Sep 199311515.03$165
Aug 199313515.66$204
Jul 199313515.46$201
Jun 199313516.79$218
May 199311517.68$194
Apr 199311518.05$199
Mar 199313518.14$236
Feb 199311517.90$197
Jan 199314516.93$237

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                   11 bbl  × $106.41 =     $1,171
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $1,171

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/4161 is the state's own key, not one this site invented.