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MR. HOBBS 11-14-23A

Operated by BAYSWATER OPERATING COMPANY LLC (P-5 58827) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 56050District 08Field 85280300OilCasinghead gasSave
Value, all time
$19.2 M
Apr 2021 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
62
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition225,847 bbl$17,406,385
Casinghead gasProduction429,225 Mcf$1,750,428
Total$19,156,813

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 32.3423, -101.3256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.34228, -101.32565 · 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
6,573 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 6,573 ft.

Completions filed
Apr 2021
1 of 1 wells

1 well

42-22740796H 2W6,573 ftApr 2021——

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 (62)

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

62 months

May 20261,8655,748106.413.05$215,962
Apr 202639050598.932.87$40,032
Mar 20261,9336,52189.753.15$194,024
Feb 20262,1306,35963.503.75$159,103
Jan 20261,7026,21359.138.00$150,330
Dec 20252,2358,87456.664.41$165,799
Nov 20252,1457,05458.593.93$153,373
Oct 20252,7718,49759.383.30$192,623
Sep 20252,1885,02462.743.08$152,734
Aug 20254,0208,25863.933.01$281,894
Jul 20252,5441,95566.743.32$176,268
Jun 20255462,52666.483.13$44,201
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202504767.704.27$201
Feb 20250770.884.34$30
Jan 202501274.324.28$51
Dec 202401068.993.12$31
Nov 2024662169.052.20$4,603
Oct 20245201,18971.372.28$39,825
Sep 20241,1834,18069.612.36$92,232
Aug 20241,2954,91375.632.06$108,079
Jul 20241,6046,79579.932.15$142,794
Jun 20241,2606,74778.082.63$116,152
May 20241,3567,73278.812.20$123,865
Apr 20241,6927,47584.451.66$155,292
Mar 20241,2384,07180.301.55$105,702
Feb 20241,7466,60976.091.78$144,641
Jan 20242,3977,68773.023.30$200,378
Dec 20232,1697,56171.262.61$174,303
Nov 20231,6896,17577.892.81$148,893
Oct 20231,7344,51885.443.09$162,101
Sep 20231,7295,81589.042.74$169,854
Aug 20232,8609,90580.522.67$256,762
Jul 20232,8979,35374.852.64$241,549
Jun 20232,8789,60068.962.26$220,148
May 20233,16310,99770.622.23$247,866
Apr 20232,8998,79278.122.24$246,144
Mar 20232,8828,40672.852.39$230,071
Feb 20233,39510,55075.112.47$281,011
Jan 20234,58813,86576.533.39$398,090
Dec 20223,78310,19376.415.73$347,456
Nov 20222,7884,75985.005.65$263,850
Oct 20223,94011,08087.185.86$408,460
Sep 20222,6214,89584.888.16$262,432
Aug 20223,7179,68594.529.13$439,727
Jul 20224,46010,968101.587.54$535,768
Jun 20224,8788,695115.097.98$630,771
May 20226,24710,415109.378.43$771,065
Apr 20227,12314,616104.226.84$842,297
Mar 20225,2047,632108.885.08$605,355
Feb 20226,87812,19891.054.86$685,510
Jan 20229,41315,78781.844.54$841,996
Dec 202110,86913,47471.323.90$827,714
Nov 20214,1022,45077.435.24$330,448
Oct 2021043579.795.71$2,486
Sep 20211,7872,20369.865.35$136,628
Aug 202111,99116,64866.024.22$861,910
Jul 202113,21810,17470.783.98$976,084
Jun 202120,68019,69769.493.38$1,503,641
May 202122,9609,10663.483.02$1,484,980
Apr 20217,4793,54960.362.76$461,222

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 2026 — as filed, then multipliedworked
Oil                1,865 bbl  × $106.41 =   $198,455
Casinghead gas     5,748 Mcf  × $  3.05 =    $17,507

────────────────────────────────────────────────────
Month total                                 $215,962

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. 08/O/56050 is the state's own key, not one this site invented.