COLEBANK

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 4300District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$30 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
OilDisposition17,105 bbl$905,821
Casinghead gasProduction42,698 Mcf$196,085
Total$1,101,906

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 (2)

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 35.3812, -100.5931. A lease has no coordinate of its own — that point is the mean of its wells, and they span 5.0 miles.

35.38115, -100.59314 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
3,015 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 2,950 and 3,080 ft, median 3,015 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1978
1 of 2 wells; 1 filed none
Plug dates filed
Sep 1979
1 of 2 wells; 1 filed none

2 wells

42-1793070562,950 ftSep 1979Yes
42-1793059623,080 ftMar 1978

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 202628122106.413.05$3,351
Apr 20263213198.932.87$3,542
Mar 20262413989.753.15$2,592
Feb 20262812863.503.75$2,258
Jan 20262412559.138.00$2,419
Dec 20252913556.664.41$2,239
Nov 20252712358.593.93$2,065
Oct 20253012759.383.30$2,201
Sep 20253113462.743.08$2,357
Aug 20252617363.933.01$2,184
Jul 2025268666.743.32$2,020
Jun 20253114566.483.13$2,515
May 20252817660.553.23$2,264
Apr 20253121062.363.54$2,677
Mar 202531067.704.27$2,099
Feb 2025244070.884.34$1,875
Jan 20252918474.324.28$2,943
Dec 20242520868.993.12$2,374
Nov 2024258069.052.20$1,902
Oct 20241813671.372.28$1,595
Sep 20242414369.612.36$2,009
Aug 20243016375.632.06$2,605
Jul 20243113379.932.15$2,763
Jun 20242413278.082.63$2,222
May 20243213978.812.20$2,828
Apr 20242915784.451.66$2,710
Mar 20243316680.301.55$2,906
Feb 20242513576.091.78$2,143
Jan 20242415673.023.30$2,267
Dec 20233017171.262.61$2,584
Nov 20233112977.892.81$2,777
Oct 20232915485.443.09$2,953
Sep 20233314389.042.74$3,329
Aug 20234114580.522.67$3,689
Jul 20233815674.852.64$3,256
Jun 20232615868.962.26$2,150
May 20234017170.622.23$3,206
Apr 20233116678.122.24$2,793
Mar 20234017972.852.39$3,342
Feb 20233014475.112.47$2,608
Jan 20233815976.533.39$3,447
Dec 20224217976.415.73$4,235
Nov 20223013185.005.65$3,290
Oct 20221515587.185.86$2,217
Sep 20223717484.888.16$4,561
Aug 20224415394.529.13$5,555
Jul 2022520101.587.54$5,282
Jun 2022320115.097.98$3,683
May 2022480109.378.43$5,250
Apr 2022320104.226.84$3,335
Mar 2022490108.885.08$5,335
Feb 202232091.054.86$2,914
Jan 20224810281.844.54$4,391
Dec 20214817071.323.90$4,086
Nov 20214817777.435.24$4,644
Oct 20214819479.795.71$4,938
Sep 20215519969.865.35$4,907
Aug 20216429966.024.22$5,487
Jul 2021493970.783.98$3,624
Jun 2021414169.493.38$2,988
May 20214015263.483.02$2,998
Apr 20214016560.362.76$2,870
Mar 20215616961.302.72$3,892
Feb 20214015257.805.55$3,155
Jan 20214015750.412.81$2,458
Dec 20204016444.642.68$2,224
Nov 20204715338.772.71$2,236
Oct 20202413436.972.48$1,219
Sep 20205516537.091.99$2,368
Aug 202040039.982.39$1,599
Jul 20204714538.371.83$2,068
Jun 20204713734.901.69$1,872
May 20204711616.921.81$1,006
Apr 20205314214.751.80$1,038
Mar 20204814030.341.86$1,716
Feb 20203914249.881.98$2,227
Jan 20204315057.252.09$2,776
Dec 20194613459.012.30$3,023
Nov 20193912855.302.75$2,509
Oct 20195514453.472.42$3,289
Sep 2019013855.052.66$367
Aug 20190053.112.30$0
Jul 2019015956.272.46$391
Jun 2019013452.782.49$334
May 2019014558.482.74$397
Apr 2019019362.632.75$531
Mar 20194519356.803.06$3,147
Feb 20193318350.852.79$2,189
Jan 20193712746.033.23$2,113
Dec 20183415246.594.19$2,220
Nov 20184014252.934.24$2,719
Oct 20183614061.443.40$2,688
Sep 20184015359.543.11$2,857
Aug 20184015559.403.07$2,851
Jul 20184616465.142.93$3,477
Jun 20184015360.183.08$2,878
May 20184016465.382.90$3,091
Apr 20183015463.842.90$2,362
Mar 20183316861.222.79$2,488
Feb 20183316561.782.77$2,495
Jan 20184317962.874.01$3,421
Dec 20173314057.272.92$2,299
Nov 20175214755.423.12$3,340
Oct 20173316149.292.98$2,107
Sep 20175314547.523.09$2,966
Aug 20174613645.373.00$2,496
Jul 20175816643.873.09$3,057
Jun 20174018742.493.09$2,277
May 2017339045.373.26$1,791
Apr 20174014647.933.21$2,386
Mar 20175216046.772.98$2,909
Feb 20174514850.452.95$2,707
Jan 20173919449.413.42$2,590
Dec 20164717148.763.72$2,928
Nov 20164614942.492.64$2,349
Oct 20165314746.193.09$2,902
Sep 20165314541.553.10$2,652
Aug 20164516441.442.92$2,344
Jul 20165518241.622.92$2,821
Jun 20164919045.352.69$2,732
May 20164211842.521.99$2,021
Apr 2016447036.561.99$1,748
Mar 20164517433.011.79$1,798
Feb 20163922626.472.06$1,499
Jan 20164810227.352.36$1,554
Dec 2015506332.362.00$1,744
Nov 20156115938.792.17$2,711
Oct 20154916343.552.43$2,529
Sep 20154516642.992.76$2,392
Aug 20155115740.162.87$2,499
Jul 20155717248.152.95$3,251
Jun 20154513056.152.88$2,902
May 20154515655.212.96$2,946
Apr 20155117249.822.71$3,006
Mar 20154317742.892.93$2,364
Feb 20153917644.662.98$2,266
Jan 20155119043.433.10$2,804
Dec 20145018254.693.59$3,388
Nov 20145020670.464.25$4,399
Oct 20145112078.303.90$4,461
Sep 20145118586.164.05$5,143
Aug 20144521289.394.04$4,878
Jul 20145017796.564.18$5,568
Jun 2014501598.164.74$4,979
May 20145118394.734.73$5,696
Apr 20146411695.944.81$6,698
Mar 20145016795.895.06$5,639
Feb 20144314797.406.19$5,098
Jan 20143819390.404.86$4,373
Dec 20134519391.824.35$4,972
Nov 20135816788.853.74$5,778
Oct 20135217197.423.78$5,712
Sep 201351170104.113.72$5,942
Aug 201378180104.253.52$8,766
Jul 201351189102.523.72$5,931
Jun 20134518194.403.93$4,960
May 20135118094.834.15$5,583
Apr 20135317393.964.28$5,721
Mar 20136019893.623.91$6,392
Feb 20134115991.233.42$4,284
Jan 20133819191.603.42$4,134
Dec 20123914886.773.42$3,890
Nov 20126416686.953.62$6,167
Oct 20124517089.383.40$4,600
Sep 20126516994.672.92$6,647
Aug 20125217292.662.91$5,319
Jul 20126417485.133.02$5,974
Jun 20125118679.822.52$4,539
May 20125015691.612.49$4,969
Apr 201257188101.652.00$6,169
Mar 201239185105.052.22$4,508
Feb 201265193101.102.57$7,068
Jan 20126030298.092.73$6,711
Dec 201146496.873.24$4,469
Nov 20115316695.723.31$5,623
Oct 20115817584.983.65$5,567
Sep 20114518783.623.99$4,508
Aug 20116219783.404.15$5,988
Jul 20115823094.144.52$6,499
Jun 20116310192.904.64$6,321
May 20115222098.134.40$6,072
Apr 201132126105.964.33$3,937
Mar 20115817596.364.06$6,299
Feb 20113315885.644.18$3,487
Jan 20114527486.504.59$5,150
Dec 20104533585.734.35$5,314
Nov 2010593880.843.80$4,914
Oct 2010457578.103.51$3,778
Sep 20105723872.633.98$5,087
Aug 20104413873.684.42$3,852
Jul 20104914972.554.74$4,261
Jun 20105817570.364.91$4,940
May 20104518171.124.24$3,967
Apr 20105618681.694.12$5,341
Mar 20107317378.394.39$6,482
Feb 20103210473.585.44$2,921
Jan 20105019974.365.96$4,905
Dec 20095722171.445.48$5,284
Nov 20095118374.593.75$4,491
Oct 20096619772.544.11$5,597
Sep 200911917765.543.06$8,342
Aug 20096319267.423.22$4,865
Jul 20095518961.133.46$4,017
Jun 20096417966.163.90$4,931
May 20095519454.743.93$3,772
Apr 20096521246.773.59$3,801
Mar 20096419842.144.06$3,501
Feb 20095615432.814.63$2,551
Jan 20095923935.865.37$3,399
Dec 20086619537.105.98$3,614
Nov 20087319255.496.86$5,368
Oct 20085319575.246.92$5,338
Sep 200879196101.767.88$9,583
Aug 200858197114.228.48$8,296
Jul 200847209131.0811.39$8,541
Jun 200866228131.3313.03$11,639
May 200872183123.1711.57$10,986
Apr 200849200110.3110.45$7,496
Mar 200866197101.909.66$8,629
Feb 20082520192.538.77$4,076
Jan 20083922190.388.21$5,338
Dec 20075019488.337.30$5,833
Nov 20073719491.677.29$4,806
Oct 20074121182.856.92$4,857
Sep 20074120675.846.24$4,396
Aug 20073321169.066.39$3,627
Jul 20074423770.906.39$4,634
Jun 20074519562.007.55$4,262
May 20075322058.747.85$4,839
Apr 20074120459.617.81$4,036
Mar 20074919656.927.30$4,220
Feb 20073323355.108.22$3,733
Jan 20073763150.306.73$6,106
Dec 20064623656.656.92$4,239
Nov 20064519854.207.62$3,947
Oct 20064323954.906.01$3,798
Sep 20064023160.085.04$3,567
Aug 20065524568.717.34$5,577
Jul 20063623869.376.34$4,007
Jun 20063624066.286.38$3,918
May 20064226166.016.42$4,449
Apr 20064124064.397.36$4,407
Mar 20062723556.707.08$3,195
Feb 20062826957.597.75$3,698
Jan 20064321560.598.93$4,526
Dec 20054029654.9413.42$6,169
Nov 20054027454.6910.59$5,089
Oct 20054437458.3413.80$7,727
Sep 20053215561.4512.08$3,839
Aug 20054750661.519.80$7,848
Jul 20054424455.697.84$4,364
Jun 200532552.337.38$1,711
May 200538545.226.65$1,752
Apr 200537549.207.36$1,857
Mar 200539550.377.15$2,000
Feb 200539545.226.31$1,795
Jan 200538543.166.32$1,672
Dec 200439539.866.75$1,588
Nov 200442545.286.33$1,933
Oct 200436549.706.52$1,822
Sep 200431543.245.28$1,367
Aug 200435542.375.55$1,511
Jul 200427538.286.08$1,064
Jun 200433536.106.43$1,223
May 200433537.486.49$1,269
Apr 200436534.475.86$1,270
Mar 200443534.365.53$1,505
Feb 200433532.455.51$1,098
Jan 200436532.036.30$1,185
Dec 200336530.266.30$1,121
Nov 200330528.804.60$887
Oct 200339528.174.76$1,122
Sep 200336526.314.75$971
Aug 200334529.765.13$1,037
Jul 200343529.415.17$1,290
Jun 200337528.565.98$1,087
May 200337526.595.97$1,014
Apr 200331526.675.41$854
Mar 200343531.146.10$1,370
Feb 200331533.487.93$1,078
Jan 200334530.315.58$1,058
Dec 200242526.914.85$1,154
Nov 200231524.664.14$785
Oct 200234526.464.23$921
Sep 200237527.443.64$1,033
Aug 200233525.963.16$873
Jul 200240524.583.06$999
Jun 200233523.733.34$800
May 200237524.663.58$930
Apr 200234523.653.51$822
Mar 200288522.003.10$1,952
Feb 200230518.222.38$558
Jan 200241517.172.38$716
Dec 200136516.932.36$621
Nov 200145518.072.41$825
Oct 200145519.782.53$903
Sep 200130524.262.25$739
Aug 200145524.873.05$1,134
Jul 200137523.933.20$901
Jun 200136524.563.82$903
May 200138525.524.31$991
Apr 200137524.685.34$940
Mar 200131524.545.38$788
Feb 200130527.755.77$861
Jan 200135527.478.40$1,003
Dec 200030526.889.12$852
Nov 200038532.215.66$1,252
Oct 200038531.235.15$1,212
Sep 200031531.875.19$1,014
Aug 200046529.644.54$1,386
Jul 200031528.534.09$905
Jun 200031529.304.40$930
May 200046527.263.68$1,272
Apr 200032524.513.12$800
Mar 200047528.422.86$1,350
Feb 200032527.622.73$897
Jan 200039525.272.48$998
Dec 199930524.282.42$741
Nov 199947523.192.43$1,102
Oct 199940520.982.80$853
Sep 199947521.752.62$1,035
Aug 199927519.262.88$534
Jul 199930517.892.37$549
Jun 199923515.942.36$378
May 199938515.792.32$612
Apr 199933515.102.21$509
Mar 199940512.471.84$508
Feb 19993059.981.82$308
Jan 199938510.381.90$404
Dec 19984359.201.77$404
Nov 199833510.892.19$370
Oct 199834512.421.97$432
Sep 199841512.592.08$527
Aug 199836511.301.91$416
Jul 199845511.742.24$539
Jun 199836511.242.24$416
May 199837512.622.21$478
Apr 199846513.042.51$612
Mar 199845512.802.31$588
Feb 199843513.952.30$611
Jan 199839514.702.15$584
Dec 199750516.322.41$828
Nov 199739518.193.09$725
Oct 199739519.253.15$767
Sep 199746517.742.95$831
Aug 199742517.862.55$763
Jul 199744517.582.25$785
Jun 199743517.242.26$753
May 199736518.972.31$694
Apr 199754517.882.08$976
Mar 199745518.951.94$862
Feb 199732520.492.21$667
Jan 199740523.483.54$957
Dec 199640523.32$933
Nov 199632521.97$703
Oct 199656523.31$1,305
Sep 199648522.22$1,067
Aug 199648520.26$972
Jul 199658519.55$1,134
Jun 199649518.73$918
May 199668519.43$1,321
Apr 199649521.51$1,054
Mar 199650519.38$969
Feb 199657516.98$968
Jan 199658517.07$990
Dec 199544517.19$756
Nov 199563516.00$1,008
Oct 199527515.43$417
Sep 199527516.18$437
Aug 199533515.92$525
Jul 199527515.24$411
Jun 199528516.41$459
May 199539517.56$685
Apr 199526517.73$461
Mar 199532516.44$526
Feb 199521516.58$348
Jan 199530515.92$478
Dec 1994116515.03$1,743
Nov 199430515.90$477
Oct 199433515.58$514
Sep 199425515.29$382
Aug 199431516.13$500
Jul 199426517.56$457
Jun 199432517.09$547
May 199432515.88$508
Apr 199431514.14$438
Mar 199426512.46$324
Feb 199432512.50$400
Jan 199430512.66$380
Dec 199384512.33$1,036
Nov 199376514.49$1,101
Oct 199376515.85$1,205
Sep 199363515.03$947
Aug 199375515.66$1,175
Jul 199375515.46$1,160
Jun 199375516.79$1,259
May 199363517.68$1,114
Apr 199362518.05$1,119
Mar 199374518.14$1,342
Feb 199362517.90$1,110
Jan 199373516.93$1,236

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                   28 bbl  × $106.41 =     $2,979
Casinghead gas       122 Mcf  × $  3.05 =       $372

────────────────────────────────────────────────────
Month total                                   $3,351

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/4300 is the state's own key, not one this site invented.