HOFFMAN 116

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the HOFFMAN (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 212342District 04Field 419374502 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.9 M
Aug 2005 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
250
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1961-02-17
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 04/01/2006.

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
High Cost Gas112007-09-19177084
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
CondensateDisposition74 bbl$6,228
GasProduction2,350,301 Mcf$16,937,092
Total$16,943,321

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 27.7801, -98.5526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.78007, -98.55258 · 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
16,055 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 16,055 ft.

Completions filed
Oct 2005
1 of 1 wells

1 well

42-13138802216,055 ftOct 2005

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 (250)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

250 months

May 202600106.413.05$0
Apr 2026045498.932.87$1,303
Mar 2026077389.753.15$2,435
Feb 2026084163.503.75$3,154
Jan 2026089459.138.00$7,150
Dec 2025090256.664.41$3,981
Nov 2025076058.593.93$2,984
Oct 2025095059.383.30$3,140
Sep 2025056262.743.08$1,729
Aug 2025065463.933.01$1,972
Jul 2025061166.743.32$2,026
Jun 2025054266.483.13$1,696
May 2025064260.553.23$2,075
Apr 2025051762.363.54$1,832
Mar 202501,19367.704.27$5,092
Feb 2025076270.884.34$3,308
Jan 202501,14274.324.28$4,886
Dec 202401,24468.993.12$3,883
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202401,68969.612.36$3,993
Aug 202401,82775.632.06$3,770
Jul 202401,79479.932.15$3,851
Jun 202401,93978.082.63$5,107
May 202402,03378.812.20$4,469
Apr 202402,05084.451.66$3,401
Mar 202402,13780.301.55$3,302
Feb 202402,08576.091.78$3,719
Jan 202402,40173.023.30$7,918
Dec 202302,38671.262.61$6,229
Nov 202302,35377.892.81$6,606
Oct 202302,50685.443.09$7,737
Sep 202302,37489.042.74$6,493
Aug 202302,34180.522.67$6,257
Jul 202302,53974.852.64$6,708
Jun 202302,45468.962.26$5,542
May 202302,47370.622.23$5,508
Apr 202302,34778.122.24$5,252
Mar 202302,56872.852.39$6,146
Feb 202302,21475.112.47$5,459
Jan 202302,54276.533.39$8,612
Dec 202203,20676.415.73$18,367
Nov 202202,50385.005.65$14,132
Oct 202201,63787.185.86$9,599
Sep 202202,53884.888.16$20,719
Aug 202202,73894.529.13$24,990
Jul 202202,788101.587.54$21,027
Jun 202202,566115.097.98$20,470
May 202202,520109.378.43$21,251
Apr 202202,672104.226.84$18,270
Mar 202202,750108.885.08$13,960
Feb 202202,46391.054.86$11,967
Jan 202202,52981.844.54$11,476
Dec 202101,74971.323.90$6,820
Nov 202102,73377.435.24$14,312
Oct 202102,88279.795.71$16,467
Sep 202102,57969.865.35$13,800
Aug 202102,91566.024.22$12,303
Jul 202102,85270.783.98$11,357
Jun 202102,73569.493.38$9,246
May 202103,05163.483.02$9,207
Apr 202102,75660.362.76$7,602
Mar 202103,02561.302.72$8,219
Feb 202102,67457.805.55$14,835
Jan 202102,78550.412.81$7,827
Dec 202002,88244.642.68$7,711
Nov 202002,74738.772.71$7,435
Oct 202002,77636.972.48$6,880
Sep 202002,68337.091.99$5,342
Aug 202002,85039.982.39$6,798
Jul 202002,84438.371.83$5,191
Jun 202002,73534.901.69$4,623
May 202003,01716.921.81$5,475
Apr 202002,84314.751.80$5,130
Mar 202002,65730.341.86$4,932
Feb 20200049.881.98$0
Jan 202003,07957.252.09$6,450
Dec 201903,18959.012.30$7,349
Nov 201903,11855.302.75$8,577
Oct 201902,73453.472.42$6,612
Sep 201903,15155.052.66$8,373
Aug 201902,20653.112.30$5,083
Jul 201903,04056.272.46$7,479
Jun 201903,05752.782.49$7,616
May 201902,94658.482.74$8,073
Apr 201902,94462.632.75$8,098
Mar 201902,92856.803.06$8,966
Feb 201902,71350.852.79$7,575
Jan 201903,04646.033.23$9,833
Dec 201803,15046.594.19$13,184
Nov 201802,91752.934.24$12,360
Oct 201803,16261.443.40$10,745
Sep 201803,31059.543.11$10,287
Aug 201801,71259.403.07$5,250
Jul 201801,83765.142.93$5,386
Jun 201802,10260.183.08$6,468
May 201803,07165.382.90$8,908
Apr 201803,29563.842.90$9,558
Mar 2018014,11161.222.79$39,325
Feb 201802,03161.782.77$5,618
Jan 201805,03962.874.01$20,203
Dec 201705,83257.272.92$17,038
Nov 201705,45955.423.12$17,023
Oct 201705,93949.292.98$17,720
Sep 201704,75547.523.09$14,680
Aug 201703,84545.373.00$11,552
Jul 201703,98343.873.09$12,297
Jun 20170042.493.09$0
May 201702,95545.373.26$9,643
Apr 201702,65747.933.21$8,533
Mar 201703,45246.772.98$10,300
Feb 201703,22850.452.95$9,531
Jan 201702,96349.413.42$10,130
Dec 201602,70348.763.72$10,063
Nov 201603,95442.492.64$10,456
Oct 201604,19146.193.09$12,951
Sep 201603,55241.553.10$11,013
Aug 201603,87341.442.92$11,326
Jul 201603,87341.622.92$11,326
Jun 201603,67945.352.69$9,881
May 201603,94142.521.99$7,847
Apr 201604,00236.561.99$7,968
Mar 201604,22333.011.79$7,576
Feb 201604,28626.472.06$8,845
Jan 201603,99627.352.36$9,448
Dec 201504,52132.362.00$9,048
Nov 201504,16438.792.17$9,025
Oct 201504,88543.552.43$11,854
Sep 201504,70042.992.76$12,965
Aug 201505,29340.162.87$15,204
Jul 201506,45048.152.95$18,996
Jun 201504,08456.152.88$11,774
May 201506,05155.212.96$17,883
Apr 201506,43849.822.71$17,425
Mar 201501,47942.892.93$4,340
Feb 20150044.662.98$0
Jan 201502543.433.10$78
Dec 2014046654.693.59$1,674
Nov 2014049970.464.25$2,122
Oct 2014029278.303.90$1,139
Sep 2014080186.164.05$3,240
Aug 2014078889.394.04$3,180
Jul 2014087096.564.18$3,636
Jun 201401,41098.164.74$6,679
May 201401,95494.734.73$9,236
Apr 201401,67095.944.81$8,031
Mar 2014024995.895.06$1,259
Feb 2014047297.406.19$2,923
Jan 2014051490.404.86$2,498
Dec 2013042491.824.35$1,846
Nov 2013094288.853.74$3,521
Oct 201302,28497.423.78$8,632
Sep 201303,459104.113.72$12,860
Aug 201302,130104.253.52$7,503
Jul 2013111,750102.523.72$7,634
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013010893.964.28$463
Mar 2013065593.623.91$2,563
Feb 2013079891.233.42$2,729
Jan 201301,28891.603.42$4,405
Dec 201202,24186.773.42$7,665
Nov 20120086.953.62$0
Oct 2012015889.383.40$537
Sep 20120094.672.92$0
Aug 2012029092.662.91$843
Jul 20120085.133.02$0
Jun 2012035579.822.52$894
May 201201,84391.612.49$4,586
Apr 201202,991101.652.00$5,972
Mar 201203,542105.052.22$7,871
Feb 201203,200101.102.57$8,225
Jan 20120098.092.73$0
Dec 201102,36396.873.24$7,656
Nov 201107,73295.723.31$25,603
Oct 201102,91084.983.65$10,617
Sep 2011033583.623.99$1,335
Aug 201103,91183.404.15$16,228
Jul 201134,61594.144.52$21,129
Jun 2011078092.904.64$3,619
May 201124,67198.134.40$20,771
Apr 201104,596105.964.33$19,916
Mar 2011155,03896.364.06$21,886
Feb 201103,76485.644.18$15,733
Jan 201111,63986.504.59$7,608
Dec 201003,90785.734.35$16,987
Nov 201004,54280.843.80$17,238
Oct 201004,47978.103.51$15,716
Sep 201014,55872.633.98$18,211
Aug 201004,50573.684.42$19,909
Jul 201004,63472.554.74$21,949
Jun 201064,38070.364.91$21,930
May 201006,66271.124.24$28,215
Apr 201016,39081.694.12$26,426
Mar 20100078.394.39$0
Feb 201006,50573.585.44$35,403
Jan 201068,24974.365.96$49,644
Dec 200938,62271.445.48$47,495
Nov 200918,75874.593.75$32,930
Oct 200909,43972.544.11$38,797
Sep 200929,79665.543.06$30,153
Aug 2009210,58867.423.22$34,212
Jul 200919,72361.133.46$33,746
Jun 200916,71766.163.90$26,229
May 2009010,20654.743.93$40,066
Apr 2009111,90746.773.59$42,763
Mar 2009011,38142.144.06$46,195
Feb 200913,61232.814.63$16,767
Jan 2009010,32135.865.37$55,434
Dec 200838,86137.105.98$53,075
Nov 2008315,13255.496.86$103,977
Oct 2008213,46375.246.92$93,341
Sep 2008313,878101.767.88$109,624
Aug 2008214,826114.228.48$125,998
Jul 2008014,401131.0811.39$164,019
Jun 2008014,526131.3313.03$189,312
May 2008116,856123.1711.57$195,219
Apr 2008214,758110.3110.45$154,513
Mar 2008014,545101.909.66$140,564
Feb 2008015,32992.538.77$134,444
Jan 2008016,32990.388.21$133,991
Dec 2007016,98488.337.30$124,017
Nov 2007018,70891.677.29$136,413
Oct 2007020,57082.856.92$142,385
Sep 2007021,48375.846.24$134,143
Aug 2007024,03369.066.39$153,521
Jul 2007024,82070.906.39$158,549
Jun 2007025,01962.007.55$188,855
May 2007026,58758.747.85$208,609
Apr 2007026,23459.617.81$204,762
Mar 2007029,42056.927.30$214,824
Feb 200702855.108.22$230
Jan 2007052,72450.306.73$354,666
Dec 2006059,91356.656.92$414,505
Nov 2006063,85854.207.62$486,437
Oct 2006095,85454.906.01$576,447
Sep 2006063,02360.085.04$317,459
Aug 2006085,19568.717.34$625,324
Jul 2006083,32169.376.34$528,485
Jun 2006050,42566.286.38$321,907
May 2006052,79266.016.42$339,189
Apr 2006055,34264.397.36$407,344
Mar 2006064,47356.707.08$456,657
Feb 2006065,81557.597.75$510,140
Jan 2006090,21960.598.93$805,955
Dec 20050113,14254.9413.42$1,517,845
Nov 20050117,39454.6910.59$1,243,015
Oct 2005089,23758.3413.80$1,231,092
Sep 2005086,39661.4512.08$1,043,577
Aug 2005028,21661.519.80$276,428

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  454 Mcf  × $  2.87 =     $1,303

────────────────────────────────────────────────────
Month total                                   $1,303

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. 04/G/212342 is the state's own key, not one this site invented.