JEFFRIES

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 4301District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$351 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
OilDisposition7,124 bbl$339,633
Casinghead gasProduction4,347 Mcf$11,106
Total$350,739

1,598 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 (1)

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 35.4022, -100.6955. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.40216, -100.69549 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
2,900 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
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.
1100.0%

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 2,900 ft.

Completions filed
Mar 1978
1 of 1 wells

1 well

42-1793061312,900 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 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 20247078.812.20$552
Apr 20240084.451.66$0
Mar 20248080.301.55$642
Feb 20240076.091.78$0
Jan 20247073.023.30$511
Dec 20237071.262.61$499
Nov 20238077.892.81$623
Oct 20238085.443.09$684
Sep 20230089.042.74$0
Aug 20238080.522.67$644
Jul 20237074.852.64$524
Jun 20237068.962.26$483
May 20239070.622.23$636
Apr 20230078.122.24$0
Mar 20239072.852.39$656
Feb 20230075.112.47$0
Jan 202310076.533.39$765
Dec 20220076.415.73$0
Nov 20228085.005.65$680
Oct 20220087.185.86$0
Sep 20228084.888.16$679
Aug 20227094.529.13$662
Jul 2022110101.587.54$1,117
Jun 202200115.097.98$0
May 202280109.378.43$875
Apr 202290104.226.84$938
Mar 202200108.885.08$0
Feb 202210091.054.86$911
Jan 20220081.844.54$0
Dec 20219071.323.90$642
Nov 20210077.435.24$0
Oct 20219079.795.71$718
Sep 202110069.865.35$699
Aug 20219066.024.22$594
Jul 20210070.783.98$0
Jun 20219069.493.38$625
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20216061.302.72$368
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20208044.642.68$357
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20209037.091.99$334
Aug 20207039.982.39$280
Jul 20200038.371.83$0
Jun 202012034.901.69$419
May 20200016.921.81$0
Apr 202013014.751.80$192
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202012057.252.09$687
Dec 20190059.012.30$0
Nov 201911055.302.75$608
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201913556.803.06$754
Feb 20190550.852.79$14
Jan 20190546.033.23$16
Dec 201814546.594.19$673
Nov 20180552.934.24$21
Oct 201813561.443.40$816
Sep 20180559.543.11$16
Aug 201813559.403.07$788
Jul 20180565.142.93$15
Jun 201813560.183.08$798
May 20180565.382.90$15
Apr 20180563.842.90$15
Mar 201814561.222.79$871
Feb 20180561.782.77$14
Jan 20180562.874.01$20
Dec 20170557.272.92$15
Nov 201756555.423.12$3,119
Oct 20170549.292.98$15
Sep 20170547.523.09$15
Aug 2017168545.373.00$7,637
Jul 20170543.873.09$15
Jun 20170542.493.09$15
May 2017147545.373.26$6,686
Apr 20170547.933.21$16
Mar 20170546.772.98$15
Feb 20170550.452.95$15
Jan 20170549.413.42$17
Dec 20160548.763.72$19
Nov 20160542.492.64$13
Oct 20160546.193.09$15
Sep 20160541.553.10$16
Aug 20160541.442.92$15
Jul 20160541.622.92$15
Jun 20160545.352.69$13
May 20160542.521.99$10
Apr 20160536.561.99$10
Mar 20160533.011.79$9
Feb 201671526.472.06$1,890
Jan 20160527.352.36$12
Dec 20150532.362.00$10
Nov 20150538.792.17$11
Oct 20150543.552.43$12
Sep 201575542.992.76$3,238
Aug 20150540.162.87$14
Jul 20150548.152.95$15
Jun 201541556.152.88$2,317
May 20150555.212.96$15
Apr 20150549.822.71$14
Mar 20150542.892.93$15
Feb 20150544.662.98$15
Jan 201543543.433.10$1,883
Dec 20140554.693.59$18
Nov 20140570.464.25$21
Oct 20140578.303.90$20
Sep 201440586.164.05$3,467
Aug 201443589.394.04$3,864
Jul 20140596.564.18$21
Jun 201443598.164.74$4,245
May 20140594.734.73$24
Apr 20148595.944.81$792
Mar 20140595.895.06$25
Feb 201442597.406.19$4,122
Jan 20140590.404.86$24
Dec 201344591.824.35$4,062
Nov 20130588.853.74$19
Oct 201348597.423.78$4,695
Sep 201305104.113.72$19
Aug 2013525104.253.52$5,439
Jul 201305102.523.72$19
Jun 20130594.403.93$20
May 201350594.834.15$4,762
Apr 201345593.964.28$4,250
Mar 201339593.623.91$3,671
Feb 20130591.233.42$17
Jan 201341591.603.42$3,773
Dec 20120586.773.42$17
Nov 201242586.953.62$3,670
Oct 201241589.383.40$3,682
Sep 201240594.672.92$3,801
Aug 20120592.662.91$15
Jul 201250585.133.02$4,272
Jun 201241579.822.52$3,285
May 20120591.612.49$12
Apr 2012465101.652.00$4,686
Mar 2012395105.052.22$4,108
Feb 2012415101.102.57$4,158
Jan 201242598.092.73$4,133
Dec 20110596.873.24$16
Nov 201142595.723.31$4,037
Oct 20110584.983.65$18
Sep 201141583.623.99$3,448
Aug 201143583.404.15$3,607
Jul 201142594.144.52$3,976
Jun 201141592.904.64$3,832
May 20110598.134.40$22
Apr 2011395105.964.33$4,154
Mar 20110596.364.06$20
Feb 201141585.644.18$3,532
Jan 20110586.504.59$23
Dec 20100585.734.35$22
Nov 20100580.843.80$19
Oct 201040578.103.51$3,142
Sep 20100572.633.98$20
Aug 20100573.684.42$22
Jul 201042572.554.74$3,071
Jun 20100570.364.91$25
May 20100571.124.24$21
Apr 201040581.694.12$3,288
Mar 20100578.394.39$22
Feb 201041573.585.44$3,044
Jan 20100574.365.96$30
Dec 200939571.445.48$2,814
Nov 20090574.593.75$19
Oct 200942572.544.11$3,067
Sep 20090565.543.06$15
Aug 200941567.423.22$2,780
Jul 200939561.133.46$2,401
Jun 20090566.163.90$19
May 200939554.743.93$2,154
Apr 20090546.773.59$18
Mar 200940542.144.06$1,706
Feb 200940532.814.63$1,336
Jan 20090535.865.37$27
Dec 200842537.105.98$1,588
Nov 20080555.496.86$34
Oct 200826575.246.92$1,991
Sep 200805101.767.88$39
Aug 2008245114.228.48$2,784
Jul 2008245131.0811.39$3,203
Jun 200805131.3313.03$65
May 2008455123.1711.57$5,601
Apr 2008505110.3110.45$5,568
Mar 2008265101.909.66$2,698
Feb 20080592.538.77$44
Jan 200834590.388.21$3,114
Dec 200741588.337.30$3,658
Nov 200739591.677.29$3,612
Oct 20070582.856.92$35
Sep 20070575.846.24$31
Aug 200741569.066.39$2,863
Jul 200740570.906.39$2,868
Jun 20070562.007.55$38
May 20070558.747.85$39
Apr 200740559.617.81$2,423
Mar 20070556.927.30$37
Feb 200740555.108.22$2,245
Jan 20070550.306.73$34
Dec 200641556.656.92$2,357
Nov 200644554.207.62$2,423
Oct 20060554.906.01$30
Sep 200641560.085.04$2,488
Aug 2006415568.717.34$3,221
Jul 20060569.376.34$32
Jun 200640566.286.38$2,683
May 20060566.016.42$32
Apr 200641564.397.36$2,677
Mar 200641556.707.08$2,360
Feb 20060557.597.75$39
Jan 200642560.598.93$2,589
Dec 20050554.9413.42$67
Nov 200539554.6910.59$2,186
Oct 20050558.3413.80$69
Sep 200539561.4512.08$2,457
Aug 20050561.519.80$49
Jul 200538555.697.84$2,155
Jun 200536552.337.38$1,921
May 20050545.226.65$33
Apr 200539549.207.36$1,956
Mar 200540550.377.15$2,051
Feb 20050545.226.31$32
Jan 200539543.166.32$1,715
Dec 20040539.866.75$34
Nov 200443545.286.33$1,979
Oct 200440549.706.52$2,021
Sep 20040543.245.28$26
Aug 200440542.375.55$1,723
Jul 200440538.286.08$1,562
Jun 20040536.106.43$32
May 200440537.486.49$1,532
Apr 20040534.475.86$29
Mar 200441534.365.53$1,436
Feb 200441532.455.51$1,358
Jan 20040532.036.30$32
Dec 20030530.266.30$32
Nov 200339528.804.60$1,146
Oct 20030528.174.76$24
Sep 20030526.314.75$24
Aug 200339529.765.13$1,186
Jul 20030529.415.17$26
Jun 20030528.565.98$30
May 200340526.595.97$1,093
Apr 20030526.675.41$27
Mar 200340531.146.10$1,276
Feb 20030533.487.93$40
Jan 20030530.315.58$28
Dec 200239526.914.85$1,074
Nov 20020524.664.14$21
Oct 200240526.464.23$1,080
Sep 20020527.443.64$18
Aug 20020525.963.16$16
Jul 200239524.583.06$974
Jun 20020523.733.34$17
May 200242524.663.58$1,054
Apr 200243623.653.51$1,038
Mar 20020222.003.10$6
Feb 200241718.222.38$764
Jan 20020417.172.38$10
Dec 2001441416.932.36$778
Nov 200101518.072.41$36
Oct 200101719.782.53$43
Sep 200101224.262.25$27
Aug 2001321824.873.05$851
Jul 2001401823.933.20$1,015
Jun 200101924.563.82$73
May 2001411625.524.31$1,115
Apr 200101724.685.34$91
Mar 2001411724.545.38$1,098
Feb 200101527.755.77$87
Jan 2001401727.478.40$1,242
Dec 2000451726.889.12$1,365
Nov 200002132.215.66$119
Oct 2000391031.235.15$1,269
Sep 2000012331.875.19$638
Aug 20003712029.644.54$1,642
Jul 20003711828.534.09$1,538
Jun 20003610729.304.40$1,525
May 20003510827.263.68$1,352
Apr 2000382024.513.12$994
Mar 2000371928.422.86$1,106
Feb 200002527.622.73$68
Jan 2000381925.272.48$1,007
Dec 1999332124.282.42$852
Nov 1999212323.192.43$543
Oct 199901620.982.80$45
Sep 199929121.752.62$633
Aug 199938219.262.88$738
Jul 199901317.892.37$31
Jun 1999352915.942.36$626
May 1999351415.792.32$585
Apr 1999373015.102.21$625
Mar 19990112.471.84$2
Feb 19993779.981.82$382
Jan 19990210.381.90$4
Dec 19983819.201.77$351
Nov 19980610.892.19$13
Oct 1998382612.421.97$523
Sep 199802912.592.08$60
Aug 1998392311.301.91$485
Jul 199802811.742.24$63
Jun 1998382611.242.24$485
May 199802612.622.21$57
Apr 1998242513.042.51$376
Mar 199802612.802.31$60
Feb 1998312213.952.30$483
Jan 199802414.702.15$52
Dec 1997262616.322.41$487
Nov 1997282818.193.09$596
Oct 199702919.253.15$91
Sep 1997262917.742.95$547
Aug 199702917.862.55$74
Jul 1997253017.582.25$507
Jun 199703017.242.26$68
May 1997312918.972.31$655
Apr 1997312717.882.08$611
Mar 199702818.951.94$54
Feb 1997322820.492.21$717
Jan 1997312923.483.54$831
Dec 1996292923.32$676
Nov 199602821.97$0
Oct 1996293023.31$676
Sep 1996403122.22$889
Aug 1996373320.26$750
Jul 1996353419.55$684
Jun 1996363118.73$674
May 199602919.43$0
Apr 1996373021.51$796
Mar 1996363019.38$698
Feb 1996383016.98$645
Jan 1996383017.07$649
Dec 1995373217.19$636
Nov 1995373016.00$592
Oct 199503115.43$0
Sep 1995303216.18$485
Aug 1995393615.92$621
Jul 1995412915.24$625
Jun 1995413516.41$673
May 199503417.56$0
Apr 1995443017.73$780
Mar 1995432916.44$707
Feb 199503016.58$0
Jan 1995353115.92$557
Dec 1994443215.03$661
Nov 1994463315.90$731
Oct 199403015.58$0
Sep 1994423115.29$642
Aug 1994423516.13$677
Jul 199403317.56$0
Jun 1994293017.09$496
May 1994314515.88$492
Apr 1994333314.14$467
Mar 199404612.46$0
Feb 1994463312.50$575
Jan 1994503512.66$633
Dec 1993403512.33$493
Nov 1993423514.49$609
Oct 1993423815.85$666
Sep 199303715.03$0
Aug 1993354115.66$548
Jul 1993423715.46$649
Jun 1993423716.79$705
May 1993393717.68$690
Apr 1993413618.05$740
Mar 1993423518.14$762
Feb 199303317.90$0
Jan 1993413716.93$694

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 2024 — as filed, then multipliedworked
Oil                    7 bbl  × $ 78.81 =       $552
Casinghead gas         0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                     $552

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/4301 is the state's own key, not one this site invented.