HOFFMAN

Operated by DIGITAL OPERATING COMPANY LLC (P-5 218314) in the SERBIN (TAYLOR SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 128324District 03Field 82265500CondensateGasSaveExport
Value, all time
$152 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
condensate, 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 444 leases and 641 wells, and the rule below applies to all of them.

Discovered
1985-11-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 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 2013-08-06.

The Commission's schedule remark for this field reads: 1500 FT DIAGONAL.

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
CondensateDisposition324 bbl$20,599
GasProduction59,656 Mcf$131,331
Total$151,930

23,047 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.

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 20190955.302.75$25
Oct 201920653.472.42$1,084
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201901452.782.49$35
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190256.803.06$6
Feb 20190950.852.79$25
Jan 201901446.033.23$45
Dec 20180046.594.19$0
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 20180263.842.90$6
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201801362.874.01$52
Dec 201712057.272.92$687
Nov 20174055.423.12$222
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 201703649.413.42$123
Dec 201607148.763.72$264
Nov 201606842.492.64$180
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201602327.352.36$54
Dec 2015372332.362.00$1,243
Nov 201503038.792.17$65
Oct 201503343.552.43$80
Sep 201503042.992.76$83
Aug 201503240.162.87$92
Jul 201503448.152.95$100
Jun 201502856.152.88$81
May 201503355.212.96$98
Apr 201503349.822.71$89
Mar 201503242.892.93$94
Feb 201502844.662.98$83
Jan 201503243.433.10$99
Dec 201403254.693.59$115
Nov 201403170.464.25$132
Oct 201403378.303.90$129
Sep 201403686.164.05$146
Aug 201403489.394.04$137
Jul 201403096.564.18$125
Jun 201403298.164.74$152
May 201403694.734.73$170
Apr 201403495.944.81$164
Mar 201403695.895.06$182
Feb 201403297.406.19$198
Jan 201403790.404.86$180
Dec 201303591.824.35$152
Nov 201303988.853.74$146
Oct 201303897.423.78$144
Sep 20133134104.113.72$3,354
Aug 2013038104.253.52$134
Jul 2013032102.523.72$119
Jun 201303894.403.93$149
May 201304194.834.15$170
Apr 201302693.964.28$111
Mar 201303593.623.91$137
Feb 201303991.233.42$133
Jan 201304591.603.42$154
Dec 201209786.773.42$332
Nov 201204886.953.62$174
Oct 201205189.383.40$173
Sep 201204794.672.92$137
Aug 201204792.662.91$137
Jul 201205085.133.02$151
Jun 201204879.822.52$121
May 201204491.612.49$109
Apr 2012047101.652.00$94
Mar 2012047105.052.22$104
Feb 2012042101.102.57$108
Jan 201204798.092.73$129
Dec 201104796.873.24$152
Nov 201104595.723.31$149
Oct 201104884.983.65$175
Sep 201104483.623.99$175
Aug 201105583.404.15$228
Jul 201105794.144.52$257
Jun 201105792.904.64$264
May 2011415898.134.40$4,279
Apr 2011055105.964.33$238
Mar 201105896.364.06$235
Feb 201105185.644.18$213
Jan 201105386.504.59$243
Dec 201005785.734.35$248
Nov 201005280.843.80$197
Oct 201005678.103.51$197
Sep 201005572.633.98$219
Aug 201005773.684.42$252
Jul 201005772.554.74$270
Jun 201005070.364.91$246
May 201005771.124.24$241
Apr 201003981.694.12$161
Mar 201005878.394.39$255
Feb 201005273.585.44$283
Jan 201005874.365.96$346
Dec 200906071.445.48$329
Nov 200905774.593.75$214
Oct 200905572.544.11$226
Sep 200905365.543.06$162
Aug 200905567.423.22$177
Jul 200905961.133.46$204
Jun 200906766.163.90$261
May 200905954.743.93$232
Apr 200905646.773.59$201
Mar 200906042.144.06$244
Feb 200905132.814.63$236
Jan 200905635.865.37$301
Dec 200805237.105.98$311
Nov 200804455.496.86$302
Oct 200804975.246.92$339
Sep 2008047101.767.88$370
Aug 2008057114.228.48$484
Jul 20084366131.0811.39$6,388
Jun 2008060131.3313.03$782
May 2008065123.1711.57$752
Apr 2008065110.3110.45$680
Mar 2008058101.909.66$561
Feb 200805992.538.77$517
Jan 200805690.388.21$460
Dec 200706688.337.30$482
Nov 200706691.677.29$481
Oct 200706282.856.92$429
Sep 200706075.846.24$375
Aug 200706269.066.39$396
Jul 200706470.906.39$409
Jun 200706162.007.55$460
May 200706558.747.85$510
Apr 200706459.617.81$500
Mar 200707056.927.30$511
Feb 200705855.108.22$477
Jan 200707250.306.73$484
Dec 200606856.656.92$470
Nov 200606954.207.62$526
Oct 200606854.906.01$409
Sep 200606460.085.04$322
Aug 200606668.717.34$484
Jul 200607169.376.34$450
Jun 200606266.286.38$396
May 200607466.016.42$475
Apr 200607864.397.36$574
Mar 200607056.707.08$496
Feb 200607657.597.75$589
Jan 2006378660.598.93$3,010
Dec 200507554.9413.42$1,006
Nov 200507154.6910.59$752
Oct 200508258.3413.80$1,131
Sep 200507261.4512.08$870
Aug 200508261.519.80$803
Jul 200508455.697.84$659
Jun 200508552.337.38$627
May 200508545.226.65$565
Apr 200508549.207.36$626
Mar 200508250.377.15$587
Feb 200507745.226.31$486
Jan 200508343.166.32$525
Dec 200408239.866.75$554
Nov 200407945.286.33$500
Oct 200408449.706.52$547
Sep 200405443.245.28$285
Aug 200407942.375.55$439
Jul 200406538.286.08$395
Jun 200407336.106.43$470
May 200407837.486.49$507
Apr 200408634.475.86$504
Mar 200409034.365.53$498
Feb 200407432.455.51$408
Jan 200409332.036.30$586
Dec 200309330.266.30$586
Nov 200308828.804.60$404
Oct 200309928.174.76$471
Sep 2003010426.314.75$494
Aug 2003010629.765.13$544
Jul 2003010529.415.17$543
Jun 200309928.565.98$592
May 20033110026.595.97$1,422
Apr 2003010926.675.41$589
Mar 2003011631.146.10$707
Feb 2003010733.487.93$848
Jan 2003011730.315.58$653
Dec 2002011426.914.85$553
Nov 2002010224.664.14$422
Oct 2002011626.464.23$491
Sep 2002012227.443.64$443
Aug 2002025525.963.16$807
Jul 2002020024.583.06$612
Jun 2002013423.733.34$447
May 2002015024.663.58$538
Apr 2002011823.653.51$414
Mar 2002014822.003.10$459
Feb 2002014518.222.38$344
Jan 2002016817.172.38$399
Dec 2001016516.932.36$390
Nov 2001015618.072.41$375
Oct 2001017619.782.53$445
Sep 2001016024.262.25$360
Aug 2001017624.873.05$537
Jul 2001019023.933.20$607
Jun 20014417024.563.82$1,731
May 2001019325.524.31$831
Apr 2001020524.685.34$1,094
Mar 2001022524.545.38$1,210
Feb 2001022027.755.77$1,269
Jan 2001025427.478.40$2,133
Dec 2000030926.889.12$2,819
Nov 2000023032.215.66$1,301
Oct 2000023231.235.15$1,194
Sep 2000027331.875.19$1,416
Aug 2000036729.644.54$1,666
Jul 2000011328.534.09$462
Jun 2000018329.304.40$805
May 2000030327.263.68$1,115
Apr 2000022824.513.12$710
Mar 2000025828.422.86$738
Feb 2000023327.622.73$635
Jan 2000023525.272.48$583
Dec 1999034924.282.42$846
Nov 1999054023.192.43$1,314
Oct 1999053320.982.80$1,494
Sep 199901,24921.752.62$3,271
Aug 199901,56619.262.88$4,503
Jul 1999097417.892.37$2,311
Jun 199901,59915.942.36$3,777
May 1999042815.792.32$993
Apr 1999058415.102.21$1,290
Mar 199901,12512.471.84$2,068
Feb 199904419.981.82$802
Jan 1999046410.381.90$882
Dec 199805739.201.77$1,016
Nov 1998044810.892.19$979
Oct 1998039512.421.97$778
Sep 1998027412.592.08$571
Aug 1998065911.301.91$1,257
Jul 1998054811.742.24$1,226
Jun 1998049111.242.24$1,099
May 1998045012.622.21$993
Apr 1998035513.042.51$889
Mar 1998034512.802.31$797
Feb 1998030713.952.30$706
Jan 1998038614.702.15$832
Dec 1997026416.322.41$637
Nov 1997029218.193.09$902
Oct 1997067219.253.15$2,117
Sep 1997027917.742.95$824
Aug 1997020017.862.55$511
Jul 1997027317.582.25$613
Jun 1997012917.242.26$291
May 1997039518.972.31$912
Apr 1997070317.882.08$1,464
Mar 1997048618.951.94$942
Feb 1997076720.492.21$1,692
Jan 1997054023.483.54$1,911
Dec 1996070723.32$0
Nov 1996051421.97$0
Oct 1996047323.31$0
Sep 1996053522.22$0
Aug 1996080520.26$0
Jul 1996065219.55$0
Jun 1996062418.73$0
May 1996075619.43$0
Apr 1996050621.51$0
Mar 1996077719.38$0
Feb 1996084216.98$0
Jan 1996097017.07$0
Dec 1995081917.19$0
Nov 1995068416.00$0
Oct 1995053815.43$0
Sep 1995063116.18$0
Aug 199501215.92$0
Jul 1995045015.24$0
Jun 19952334416.41$377
May 1995047817.56$0
Apr 1995053617.73$0
Mar 1995037816.44$0
Feb 199507416.58$0
Jan 1995034915.92$0
Dec 1994021215.03$0
Nov 1994024115.90$0
Oct 1994022115.58$0
Sep 1994033415.29$0
Aug 1994025816.13$0
Jul 1994043917.56$0
Jun 1994052017.09$0
May 1994063315.88$0
Apr 1994031314.14$0
Mar 1994030912.46$0
Feb 1994024112.50$0
Jan 1994030612.66$0
Dec 1993149912.33$12
Nov 1993043314.49$0
Oct 1993022215.85$0
Sep 1993032915.03$0
Aug 1993043115.66$0
Jul 1993048815.46$0
Jun 1993024716.79$0
May 1993037517.68$0
Apr 1993057718.05$0
Mar 1993060418.14$0
Feb 1993050417.90$0
Jan 1993085716.93$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.

Nov 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.30 =         $0
Gas                    9 Mcf  × $  2.75 =        $25

────────────────────────────────────────────────────
Month total                                      $25

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. 03/G/128324 is the state's own key, not one this site invented.