MR. HOBBS 11-14-23

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 56363District 08Field 85280300OilCasinghead gasSave
Value, all time
$19.7 M
May 2021 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
61
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
OilDisposition219,326 bbl$18,296,484
Casinghead gasProduction353,360 Mcf$1,374,245
Total$19,670,729

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 32.3456, -101.3291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.34558, -101.32913 · 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
6,079 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 6,079 ft.

Completions filed
May 2021
1 of 1 wells

1 well

42-22740795H 1LS6,079 ftMay 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 (61)

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

61 months

May 20262,0097,451106.413.05$236,472
Apr 20262,0147,23198.932.87$219,996
Mar 20262,2517,44889.753.15$225,484
Feb 20262,0686,48663.503.75$155,643
Jan 20261,7265,93459.138.00$149,518
Dec 20252,3178,12656.664.41$167,144
Nov 20252,2446,36858.593.93$156,480
Oct 20252,5086,67259.383.30$170,975
Sep 20252,6396,42062.743.08$185,325
Aug 20252,8606,25763.933.01$201,703
Jul 20252,8864,65066.743.32$208,027
Jun 20252211,52566.483.13$19,463
May 2025371060.553.23$22,464
Apr 20256532,39962.363.54$49,221
Mar 20252,7668,58067.704.27$223,880
Feb 20251,6004,97070.884.34$134,982
Jan 20251,6194,78074.324.28$140,776
Dec 20241,7704,87868.993.12$137,338
Nov 20241,9205,55669.052.20$144,791
Oct 20242,45510,30071.372.28$198,712
Sep 20242,4728,28369.612.36$191,660
Aug 20242,7849,87875.632.06$230,938
Jul 20243,26910,29279.932.15$283,384
Jun 20243,42010,42078.082.63$294,480
May 20243,75610,36478.812.20$318,795
Apr 20243,62810,74284.451.66$324,208
Mar 20243,78710,66980.301.55$320,581
Feb 20243,8509,16376.091.78$309,290
Jan 20243,1676,47073.023.30$252,590
Dec 20231,31389271.262.61$95,893
Nov 20233,0774,72377.892.81$252,928
Oct 20233,4486,43885.443.09$314,473
Sep 20231,2531,70389.042.74$116,225
Aug 20232,5643,88280.522.67$216,829
Jul 20232,7113,50574.852.64$212,178
Jun 20232,5903,40168.962.26$186,287
May 20233,2554,85570.622.23$240,682
Apr 20233,5565,78578.122.24$290,740
Mar 20234,2757,35972.852.39$329,045
Feb 20233,4424,96375.112.47$270,766
Jan 20235,7078,06276.533.39$464,069
Dec 20224,6946,06976.415.73$393,438
Nov 20223,7214,14585.005.65$339,689
Oct 20221,9111,36287.185.86$174,587
Sep 20223,3103,10784.888.16$306,317
Aug 20226,3919,10594.529.13$687,180
Jul 20228,26812,875101.587.54$936,968
Jun 20228,3478,382115.097.98$1,027,521
May 202210,1598,698109.378.43$1,184,440
Apr 202210,73810,575104.226.84$1,191,422
Mar 202212,9668,241108.885.08$1,453,573
Feb 202210,4144,45091.054.86$969,817
Jan 20224,5953,42781.844.54$391,605
Dec 20215062,08071.323.90$44,198
Nov 202125143677.435.24$21,718
Oct 2021024379.795.71$1,388
Sep 20212,8741,07869.865.35$206,546
Aug 20219,9133,84266.024.22$670,672
Jul 20217,0422,98770.783.98$510,327
Jun 20215,9932,69869.493.38$425,574
May 20211,0121,68063.483.02$69,311

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                2,009 bbl  × $106.41 =   $213,778
Casinghead gas     7,451 Mcf  × $  3.05 =    $22,695

────────────────────────────────────────────────────
Month total                                 $236,472

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/56363 is the state's own key, not one this site invented.