LADD

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 6209District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$490 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
OilDisposition5,477 bbl$327,650
Casinghead gasProduction39,651 Mcf$162,195
Total$489,846

3,174 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 (4)

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 35.3817, -101.0700. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

35.38162, -101.07008 · 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%
2 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
3,350 ft
4 wells filed one
Completion to plug
26.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 3,330 and 3,355 ft, median 3,350 ft, over the 4 wells that filed a depth.

Completions filed
Oct 1987 – Nov 1995
4 of 4 wells
Plug dates filed
Aug 2019
1 of 4 wells; 3 filed none

Last completion to plug: a median of 26.8 years across the 1 well that filed both dates, with the middle half between 26.8 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-1793182813,330 ftNov 1995Yes
42-1793188843,345 ftNov 1992Aug 2019Yes
42-1793182723,355 ftFeb 1992
42-1793188733,355 ftOct 1987

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 20230074.852.64$0
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 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
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 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201840046.594.19$1,864
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018156063.842.90$9,959
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017146055.423.12$8,091
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017138042.493.09$5,864
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017161046.772.98$7,530
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016153046.193.09$7,067
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016155045.352.69$7,029
May 2016156042.521.99$6,633
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015157043.552.43$6,837
Sep 2015163042.992.76$7,007
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015155056.152.88$8,703
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015158044.662.98$7,056
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014158095.895.06$15,151
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131490104.113.72$15,512
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013154094.834.15$14,604
Apr 20130093.964.28$0
Mar 2013159093.623.91$14,886
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012163086.953.62$14,173
Oct 201204689.383.40$156
Sep 20121779094.672.92$17,019
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012029105.052.22$64
Feb 2012152144101.102.57$15,737
Jan 2012015598.092.73$424
Dec 2011018096.873.24$583
Nov 201116413695.723.31$16,148
Oct 2011027284.983.65$992
Sep 2011027783.623.99$1,104
Aug 20111363383.404.15$11,479
Jul 20110294.144.52$9
Jun 20110592.904.64$23
May 20110598.134.40$22
Apr 2011024105.964.33$104
Mar 201102696.364.06$105
Feb 201101785.644.18$71
Jan 20110386.504.59$14
Dec 201005385.734.35$230
Nov 201004380.843.80$163
Oct 201017617078.103.51$14,342
Sep 2010023972.633.98$951
Aug 2010023173.684.42$1,021
Jul 201001772.554.74$81
Jun 201001470.364.91$69
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200901674.593.75$60
Oct 2009026672.544.11$1,093
Sep 2009017565.543.06$536
Aug 200914023067.423.22$10,179
Jul 2009018461.133.46$637
Jun 200918016166.163.90$12,536
May 2009019254.743.93$754
Apr 2009013546.773.59$484
Mar 2009011042.144.06$446
Feb 200902132.814.63$97
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20081677655.496.86$9,788
Oct 2008016375.246.92$1,128
Sep 20080135101.767.88$1,063
Aug 2008064114.228.48$543
Jul 2008166152131.0811.39$23,490
Jun 20080166131.3313.03$2,163
May 20080177123.1711.57$2,049
Apr 200817384110.3110.45$19,962
Mar 2008097101.909.66$937
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007015788.337.30$1,146
Nov 2007022691.677.29$1,648
Oct 2007035582.856.92$2,457
Sep 2007014875.846.24$924
Aug 2007035169.066.39$2,242
Jul 2007035270.906.39$2,249
Jun 2007022362.007.55$1,683
May 2007021458.747.85$1,679
Apr 200704859.617.81$375
Mar 20070056.927.30$0
Feb 2007015655.108.22$1,282
Jan 200707250.306.73$484
Dec 2006012456.656.92$858
Nov 2006012254.207.62$929
Oct 2006028954.906.01$1,738
Sep 2006013260.085.04$665
Aug 2006019768.717.34$1,446
Jul 200606769.376.34$425
Jun 2006021066.286.38$1,341
May 2006019766.016.42$1,266
Apr 2006017964.397.36$1,318
Mar 200602756.707.08$191
Feb 200603857.597.75$295
Jan 2006012660.598.93$1,126
Dec 2005019854.9413.42$2,656
Nov 2005020354.6910.59$2,149
Oct 2005022758.3413.80$3,132
Sep 2005015861.4512.08$1,908
Aug 2005017461.519.80$1,705
Jul 2005016455.697.84$1,286
Jun 200507752.337.38$568
May 2005017445.226.65$1,157
Apr 2005017349.207.36$1,273
Mar 2005023950.377.15$1,710
Feb 200505245.226.31$328
Jan 2005019843.166.32$1,252
Dec 2004019039.866.75$1,283
Nov 2004019245.286.33$1,215
Oct 2004018749.706.52$1,218
Sep 2004019243.245.28$1,015
Aug 2004019742.375.55$1,093
Jul 2004018038.286.08$1,095
Jun 2004019336.106.43$1,242
May 2004018337.486.49$1,189
Apr 2004020234.475.86$1,183
Mar 2004015034.365.53$830
Feb 2004013932.455.51$766
Jan 2004018532.036.30$1,165
Dec 2003020430.266.30$1,286
Nov 2003020628.804.60$947
Oct 2003024228.174.76$1,152
Sep 2003022226.314.75$1,054
Aug 2003024829.765.13$1,272
Jul 2003028429.415.17$1,469
Jun 2003020228.565.98$1,209
May 2003017626.595.97$1,051
Apr 2003017426.675.41$941
Mar 2003015731.146.10$957
Feb 2003017333.487.93$1,371
Jan 2003020230.315.58$1,128
Dec 2002022926.914.85$1,112
Nov 2002017124.664.14$707
Oct 2002019026.464.23$804
Sep 2002020127.443.64$731
Aug 2002020425.963.16$645
Jul 2002023124.583.06$707
Jun 2002021423.733.34$714
May 200216723524.663.58$4,960
Apr 2002023823.653.51$836
Mar 2002023422.003.10$726
Feb 2002021918.222.38$520
Jan 2002019617.172.38$466
Dec 2001020416.932.36$482
Nov 2001021618.072.41$520
Oct 2001023019.782.53$582
Sep 2001023024.262.25$518
Aug 2001024324.873.05$742
Jul 2001024923.933.20$796
Jun 2001025224.563.82$964
May 2001028725.524.31$1,236
Apr 2001022924.685.34$1,222
Mar 2001025824.545.38$1,387
Feb 2001024527.755.77$1,413
Jan 2001024727.478.40$2,074
Dec 2000026026.889.12$2,372
Nov 2000029432.215.66$1,663
Oct 2000034431.235.15$1,770
Sep 2000024331.875.19$1,260
Aug 2000032129.644.54$1,458
Jul 2000012928.534.09$528
Jun 2000017429.304.40$765
May 2000026827.263.68$986
Apr 2000027424.513.12$854
Mar 2000029028.422.86$829
Feb 2000027127.622.73$739
Jan 200017031225.272.48$5,070
Dec 1999031024.282.42$751
Nov 1999029723.192.43$723
Oct 1999031320.982.80$878
Sep 1999030121.752.62$788
Aug 1999032919.262.88$946
Jul 1999032417.892.37$769
Jun 1999032815.942.36$775
May 1999033215.792.32$771
Apr 1999031015.102.21$685
Mar 1999033412.471.84$614
Feb 199903289.981.82$596
Jan 1999027710.381.90$526
Dec 199803279.201.77$580
Nov 1998031710.892.19$693
Oct 1998037212.421.97$733
Sep 1998037912.592.08$789
Aug 1998040811.301.91$778
Jul 1998039511.742.24$884
Jun 1998039911.242.24$893
May 1998044412.622.21$980
Apr 1998040213.042.51$1,007
Mar 1998044912.802.31$1,037
Feb 1998046613.952.30$1,071
Jan 1998023314.702.15$502
Dec 1997067916.322.41$1,637
Nov 1997058818.193.09$1,816
Oct 1997026319.253.15$828
Sep 1997041117.742.95$1,214
Aug 1997045617.862.55$1,165
Jul 1997044717.582.25$1,004
Jun 1997033917.242.26$765
May 1997029418.972.31$679
Apr 1997020517.882.08$427
Mar 199708618.951.94$167
Feb 199707920.492.21$174
Jan 199708223.483.54$290
Dec 199609623.32$0
Nov 1996012421.97$0
Oct 1996039223.31$0
Sep 199616643522.22$3,689
Aug 1996044820.26$0
Jul 1996042419.55$0
Jun 1996031818.73$0
May 1996032519.43$0
Apr 1996028221.51$0
Mar 1996026819.38$0
Feb 199602516.98$0
Jan 19960117.07$0
Dec 19950117.19$0
Nov 19950116.00$0
Oct 19950115.43$0
Sep 19950116.18$0
Aug 19950115.92$0
Jul 19950115.24$0
Jun 19950116.41$0
May 1995166117.56$2,915
Apr 19950117.73$0
Mar 19950116.44$0
Feb 19950116.58$0
Jan 19950115.92$0
Dec 19940115.03$0
Nov 19940115.90$0
Oct 1994167115.58$2,602
Sep 19940115.29$0
Aug 19940116.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 19940115.88$0
Apr 1994166114.14$2,347
Mar 19940112.46$0
Feb 19940112.50$0
Jan 19940112.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930115.85$0
Sep 1993159115.03$2,390
Aug 19930115.66$0
Jul 19930115.46$0
Jun 19930116.79$0
May 19930117.68$0
Apr 1993164118.05$2,960
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930116.93$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.

Dec 2018 — as filed, then multipliedworked
Oil                   40 bbl  × $ 46.59 =     $1,864
Casinghead gas         0 Mcf  × $  4.19 =         $0

────────────────────────────────────────────────────
Month total                                   $1,864

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/6209 is the state's own key, not one this site invented.