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 128498District 03Field 82265500CondensateGasSaveExport
Value, all time
$147 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$20,597
GasProduction59,759 Mcf$125,982
Total$146,579

23,740 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 20190855.302.75$22
Oct 201919453.472.42$1,026
Sep 20190055.052.66$0
Aug 201901053.112.30$23
Jul 201901256.272.46$30
Jun 201901352.782.49$32
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190356.803.06$9
Feb 20190950.852.79$25
Jan 201901446.033.23$45
Dec 201802446.594.19$100
Nov 201801452.934.24$59
Oct 201803061.443.40$102
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180765.142.93$21
Jun 20180960.183.08$28
May 201801465.382.90$41
Apr 201802663.842.90$75
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201801362.874.01$52
Dec 201714057.272.92$802
Nov 20173055.423.12$166
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 201703549.413.42$120
Dec 201607048.763.72$261
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 201602427.352.36$57
Dec 2015372432.362.00$1,245
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 201503255.212.96$95
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 201303997.423.78$147
Sep 20133034104.113.72$3,250
Aug 2013038104.253.52$134
Jul 2013032102.523.72$119
Jun 201303894.403.93$149
May 201304194.834.15$170
Apr 201302793.964.28$116
Mar 201303693.623.91$141
Feb 201304091.233.42$137
Jan 201304591.603.42$154
Dec 201204986.773.42$168
Nov 201204886.953.62$174
Oct 201205189.383.40$173
Sep 201204894.672.92$140
Aug 201204792.662.91$137
Jul 201205085.133.02$151
Jun 201204979.822.52$123
May 201204491.612.49$109
Apr 2012047101.652.00$94
Mar 2012048105.052.22$107
Feb 2012043101.102.57$111
Jan 201204798.092.73$129
Dec 201104896.873.24$156
Nov 201104595.723.31$149
Oct 201104984.983.65$179
Sep 201104483.623.99$175
Aug 201105683.404.15$232
Jul 201105794.144.52$257
Jun 201105792.904.64$264
May 2011425898.134.40$4,377
Apr 2011056105.964.33$243
Mar 201105896.364.06$235
Feb 201105285.644.18$217
Jan 201105486.504.59$248
Dec 201005785.734.35$248
Nov 201005380.843.80$201
Oct 201005678.103.51$197
Sep 201005572.633.98$219
Aug 201005773.684.42$252
Jul 201005872.554.74$275
Jun 201005170.364.91$250
May 201005871.124.24$246
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 200905874.593.75$218
Oct 200905672.544.11$230
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 200508350.377.15$594
Feb 200507845.226.31$492
Jan 200508443.166.32$531
Dec 200408239.866.75$554
Nov 200407945.286.33$500
Oct 200408449.706.52$547
Sep 200405543.245.28$291
Aug 200408042.375.55$444
Jul 200406638.286.08$402
Jun 200407436.106.43$476
May 200407837.486.49$507
Apr 200408734.475.86$510
Mar 200409034.365.53$498
Feb 200407432.455.51$408
Jan 200409432.036.30$592
Dec 200309330.266.30$586
Nov 200308928.804.60$409
Oct 2003010028.174.76$476
Sep 2003010526.314.75$499
Aug 2003010729.765.13$549
Jul 2003010529.415.17$543
Jun 200309828.565.98$586
May 2003329926.595.97$1,442
Apr 2003010926.675.41$589
Mar 2003011731.146.10$713
Feb 2003010733.487.93$848
Jan 2003011830.315.58$659
Dec 2002011426.914.85$553
Nov 2002010324.664.14$426
Oct 2002011726.464.23$495
Sep 2002012327.443.64$447
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 2002016917.172.38$401
Dec 2001016516.932.36$390
Nov 2001015718.072.41$378
Oct 2001017619.782.53$445
Sep 2001015924.262.25$358
Aug 2001017724.873.05$540
Jul 2001019123.933.20$611
Jun 20014317024.563.82$1,706
May 2001019425.524.31$836
Apr 2001020524.685.34$1,094
Mar 2001022624.545.38$1,215
Feb 2001022027.755.77$1,269
Jan 2001025427.478.40$2,133
Dec 200009726.889.12$885
Nov 20000132.215.66$6
Oct 20000131.235.15$5
Sep 20000131.875.19$5
Aug 20000129.644.54$5
Jul 20000128.534.09$4
Jun 2000024129.304.40$1,060
May 2000028027.263.68$1,030
Apr 2000026924.513.12$838
Mar 2000035328.422.86$1,009
Feb 2000024927.622.73$679
Jan 2000031425.272.48$779
Dec 1999065024.282.42$1,575
Nov 1999061123.192.43$1,487
Oct 1999039120.982.80$1,096
Sep 1999054821.752.62$1,435
Aug 1999080819.262.88$2,323
Jul 1999022617.892.37$536
Jun 199901,62215.942.36$3,831
May 1999036615.792.32$849
Apr 1999042115.102.21$930
Mar 1999149712.471.84$926
Feb 199904369.981.82$793
Jan 1999050010.381.90$950
Dec 199806099.201.77$1,080
Nov 1998065310.892.19$1,427
Oct 1998043812.421.97$863
Sep 1998026312.592.08$548
Aug 1998051311.301.91$978
Jul 1998029811.742.24$667
Jun 1998035911.242.24$803
May 1998038512.622.21$849
Apr 1998037713.042.51$945
Mar 1998054412.802.31$1,256
Feb 1998050213.952.30$1,154
Jan 1998047014.702.15$1,013
Dec 1997042316.322.41$1,020
Nov 1997070418.193.09$2,174
Oct 199701,01019.253.15$3,181
Sep 1997071517.742.95$2,113
Aug 1997036817.862.55$940
Jul 1997040117.582.25$901
Jun 1997036117.242.26$815
May 1997042018.972.31$970
Apr 1997086817.882.08$1,808
Mar 199701,22618.951.94$2,377
Feb 1997090320.492.21$1,992
Jan 1997063023.483.54$2,230
Dec 1996083223.32$0
Nov 1996059721.97$0
Oct 1996061723.31$0
Sep 1996067122.22$0
Aug 1996084720.26$0
Jul 1996070719.55$0
Jun 1996065818.73$0
May 1996093019.43$0
Apr 1996051321.51$0
Mar 1996066619.38$0
Feb 1996067816.98$0
Jan 1996080017.07$0
Dec 199501,10917.19$0
Nov 1995062816.00$0
Oct 1995050215.43$0
Sep 199506916.18$0
Aug 1995048915.92$0
Jul 1995045015.24$0
Jun 19952236416.41$361
May 1995050417.56$0
Apr 1995044117.73$0
Mar 1995045116.44$0
Feb 1995047016.58$0
Jan 1995023115.92$0
Dec 1994022315.03$0
Nov 1994020315.90$0
Oct 1994031415.58$0
Sep 1994029515.29$0
Aug 1994026916.13$0
Jul 1994039317.56$0
Jun 1994045017.09$0
May 1994031015.88$0
Apr 1994026614.14$0
Mar 1994030712.46$0
Feb 1994029212.50$0
Jan 1994035212.66$0
Dec 1993132512.33$12
Nov 1993037214.49$0
Oct 1993046515.85$0
Sep 1993037915.03$0
Aug 1993044615.66$0
Jul 1993060215.46$0
Jun 1993056216.79$0
May 1993062517.68$0
Apr 1993053018.05$0
Mar 1993054118.14$0
Feb 1993043017.90$0
Jan 1993056516.93$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                    8 Mcf  × $  2.75 =        $22

────────────────────────────────────────────────────
Month total                                      $22

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/128498 is the state's own key, not one this site invented.