HOBBS, C. W. -B- NCT-2

Operated by OLSEN ENERGY INC. (P-5 621750) in the CROSSETT (3000 CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 996District 08Field 21907555Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$9.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 11 leases and 38 wells, and the rule below applies to all of them.

Discovered
1952-04-11
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
NGPA6none

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
OilDisposition235,502 bbl$8,914,560
Casinghead gasProduction188,311 Mcf$575,451
Total$9,490,011

61,670 Mcf of this lease's gas, across 47 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.

Wells on this lease (15)

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 31.1585, -102.3113. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

31.15911, -102.31313 · 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
73.3%
11 of 15 wells
With a plug date
53.3%
8 of 15 wells
Median depth
3,600 ft
14 wells filed one
Completion to plug
25.8 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
1173.3%
A plug date is filed
853.3%
BothOn the schedule and plugged. Neither fact cancels the other.
853.3%
NeitherNo plug date, and not on the schedule.
426.7%

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

Total depth in feet, 14 of 15 wells. Median 3,600 ft, with the middle half between 3,520 and 3,618 ft; the shallowest is 3,050 ft and the deepest 5,501 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 13 of 15 wells, Nov 1961 – Feb 2016. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1961 – Feb 2016
13 of 15 wells; 2 filed none
Plug dates filed
May 1982 – Apr 2023
8 of 15 wells; 7 filed none

Last completion to plug: a median of 25.8 years across the 7 wells that filed both dates, with the middle half between 12.0 years and 48.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

15 wells

42-103040243Yes
42-10330512253,090 ftSep 1983Yes
42-10336544313,618 ftFeb 2016
42-10336545323,660 ftDec 2015Apr 2023Yes
42-10333771263,600 ftOct 1994
42-10333992305,400 ftDec 1989
42-1030402565,501 ftSep 1989Yes
42-10333844293,500 ftJun 1988Sep 1994Yes
42-10333824283,600 ftJan 1988Nov 2013Yes
42-10311148163,616 ftMay 1972Yes
42-10330252203,580 ftJun 1970Jun 2019Yes
42-10330248183,611 ftJun 1970
42-10311295173,600 ftNov 1968Jan 2016Yes
42-10310631133,050 ftOct 1965May 1982Yes
42-1030403183,300 ftNov 1961Feb 2016Yes

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 (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 20261710106.413.05$18,196
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026164059.138.00$9,697
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025164062.743.08$10,289
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025186066.483.13$12,365
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 20241902168.993.12$13,174
Nov 20240269.052.20$4
Oct 20240671.372.28$14
Sep 20240169.612.36$2
Aug 2024160775.632.06$12,115
Jul 20240379.932.15$6
Jun 20240078.082.63$0
May 20240178.812.20$2
Apr 20240184.451.66$2
Mar 20240180.301.55$2
Feb 20240276.091.78$4
Jan 202401473.023.30$46
Dec 202301771.262.61$44
Nov 20230677.892.81$17
Oct 20230685.443.09$19
Sep 20231821789.042.74$16,252
Aug 202303080.522.67$80
Jul 202302574.852.64$66
Jun 20231842968.962.26$12,754
May 202303170.622.23$69
Apr 20231782778.122.24$13,966
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022176085.005.65$14,960
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022172094.529.13$16,257
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 20221710109.378.43$18,702
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022169091.054.86$15,387
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021165077.435.24$12,776
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 202096036.972.48$3,549
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 2020158057.252.09$9,046
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019169053.472.42$9,036
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201903356.272.46$81
Jun 201995052.782.49$5,014
May 2019165058.482.74$9,649
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019152050.852.79$7,729
Jan 2019176046.033.23$8,101
Dec 20180246.594.19$8
Nov 2018174052.934.24$9,210
Oct 201803761.443.40$126
Sep 20181353159.543.11$8,134
Aug 201803859.403.07$117
Jul 20181634065.142.93$10,735
Jun 201803660.183.08$111
May 20181633265.382.90$10,750
Apr 20180063.842.90$0
Mar 20181745261.222.79$10,797
Feb 20181363161.782.77$8,488
Jan 20180262.874.01$8
Dec 2017175057.272.92$10,022
Nov 20170055.423.12$0
Oct 2017168049.292.98$8,281
Sep 201702447.523.09$74
Aug 20171712745.373.00$7,839
Jul 20170443.873.09$12
Jun 20171746442.493.09$7,591
May 2017165445.373.26$7,499
Apr 201701947.933.21$61
Mar 20171542746.772.98$7,283
Feb 20171761750.452.95$8,929
Jan 20170649.413.42$21
Dec 2016189048.763.72$9,216
Nov 20161731442.492.64$7,388
Oct 201605046.193.09$155
Sep 20161603341.553.10$6,750
Aug 20161904441.442.92$8,002
Jul 20161847141.622.92$7,866
Jun 20161835545.352.69$8,447
May 20161879042.521.99$8,130
Apr 201655819636.561.99$20,791
Mar 201635517333.011.79$12,029
Feb 201601826.472.06$37
Jan 2016206027.352.36$5,634
Dec 2015179032.362.00$5,792
Nov 20151908038.792.17$7,543
Oct 201507043.552.43$170
Sep 20151804342.992.76$7,857
Aug 201518712740.162.87$7,875
Jul 201509548.152.95$280
Jun 20152019356.152.88$11,554
May 20151688255.212.96$9,518
Apr 20151819149.822.71$9,264
Mar 20151828942.892.93$8,067
Feb 201501944.662.98$57
Jan 201501043.433.10$31
Dec 20141902254.693.59$10,470
Nov 201406470.464.25$272
Oct 201416117178.303.90$13,273
Sep 2014188086.164.05$16,198
Aug 201404089.394.04$161
Jul 20141689996.564.18$16,636
Jun 20141717298.164.74$17,126
May 20141727594.734.73$16,648
Apr 201417616595.944.81$17,679
Mar 201419014495.895.06$18,947
Feb 201403097.406.19$186
Jan 20141891090.404.86$17,134
Dec 2013174091.824.35$15,977
Nov 20130088.853.74$0
Oct 2013169097.423.78$16,464
Sep 20131811104.113.72$18,848
Aug 20131940104.253.52$20,225
Jul 201300102.523.72$0
Jun 2013163094.403.93$15,387
May 2013171194.834.15$16,220
Apr 2013171193.964.28$16,071
Mar 2013172093.623.91$16,103
Feb 2013173791.233.42$15,807
Jan 201318113791.603.42$17,048
Dec 201226114386.773.42$23,136
Nov 201218421086.953.62$16,760
Oct 201269027989.383.40$62,621
Sep 201235121494.672.92$33,854
Aug 201253633392.662.91$50,634
Jul 201251532785.133.02$44,830
Jun 201253321279.822.52$43,078
May 201252125391.612.49$48,358
Apr 2012518295101.652.00$53,244
Mar 2012711282105.052.22$75,317
Feb 2012521366101.102.57$53,614
Jan 201251633498.092.73$51,528
Dec 201134730396.873.24$34,596
Nov 201167641395.723.31$66,074
Oct 201168339884.983.65$59,493
Sep 201166754583.623.99$57,947
Aug 201167862083.404.15$59,118
Jul 201167552794.144.52$65,925
Jun 201166043592.904.64$63,332
May 201185552498.134.40$86,209
Apr 2011172215105.964.33$19,157
Mar 20111,01170696.364.06$100,284
Feb 201147536085.644.18$42,184
Jan 201186144686.504.59$76,523
Dec 201086343185.734.35$75,859
Nov 201084952180.843.80$70,611
Oct 201084371878.103.51$68,358
Sep 201082656872.633.98$62,253
Aug 20101,00950273.684.42$76,562
Jul 201084052272.554.74$63,414
Jun 201067462170.364.91$50,472
May 201067466871.124.24$50,764
Apr 201084458281.694.12$71,346
Mar 20101,01463478.394.39$82,270
Feb 201051040573.585.44$39,730
Jan 201067130674.365.96$51,721
Dec 200984740271.445.48$62,714
Nov 200968833874.593.75$52,586
Oct 20091,03154672.544.11$77,033
Sep 200987641465.543.06$58,682
Aug 200971746267.423.22$49,827
Jul 20091,04450261.133.46$65,559
Jun 20091,05255666.163.90$71,766
May 200970650254.743.93$40,617
Apr 200972592546.773.59$37,227
Mar 200996420342.144.06$41,447
Feb 200919516932.814.63$7,181
Jan 2009010835.865.37$580
Dec 2008018337.105.98$1,094
Nov 200889042555.496.86$52,302
Oct 200874739775.246.92$58,952
Sep 20081,090572101.767.88$115,424
Aug 20081,053840114.228.48$127,399
Jul 20081,019691131.0811.39$141,441
Jun 2008844562131.3313.03$118,167
May 20081,011434123.1711.57$129,548
Apr 2008998559110.3110.45$115,934
Mar 2008677120101.909.66$70,146
Feb 200806292.538.77$544
Jan 20085283190.388.21$47,975
Dec 200734821588.337.30$32,309
Nov 200734735191.677.29$34,369
Oct 20077132,92482.856.92$79,312
Sep 20073722,06575.846.24$41,107
Aug 20078591,24169.066.39$67,250
Jul 200752831070.906.39$39,415
Jun 200788781062.007.55$61,108
May 200772070258.747.85$47,801
Apr 200771460159.617.81$47,252
Mar 200771172256.927.30$45,742
Feb 200772571455.108.22$45,814
Jan 200753578350.306.73$32,178
Dec 200689582356.656.92$56,396
Nov 200635558654.207.62$23,705
Oct 200652476854.906.01$33,386
Sep 200635685860.085.04$25,710
Aug 200652069968.717.34$40,860
Jul 200650773669.376.34$39,839
Jun 200668761166.286.38$49,435
May 200635338766.016.42$25,788
Apr 200687766664.397.36$61,372
Mar 200671570856.707.08$45,555
Feb 200670941557.597.75$44,048
Jan 200689211060.598.93$55,029
Dec 200517925254.9413.42$13,215
Nov 200571231054.6910.59$42,222
Oct 200571132258.3413.80$45,922
Sep 20055385761.4512.08$33,749
Aug 20051,05129261.519.80$67,508
Jul 200553837355.697.84$32,887
Jun 200533626752.337.38$19,554
May 20051,06827645.226.65$50,131
Apr 200571916949.207.36$36,619
Mar 200590034350.377.15$47,787
Feb 200569537045.226.31$33,763
Jan 200553224043.166.32$24,478
Dec 200473365439.866.75$33,633
Nov 200430327545.286.33$15,461
Oct 200472322349.706.52$37,386
Sep 200485229343.245.28$38,389
Aug 200471154142.375.55$33,128
Jul 200471756338.286.08$30,872
Jun 200468770036.106.43$29,304
May 200487155137.486.49$36,224
Apr 200452950334.475.86$21,181
Mar 200489358134.365.53$33,896
Feb 200461247932.455.51$22,499
Jan 200472165032.036.30$27,188
Dec 200365681530.266.30$24,986
Nov 200371173628.804.60$23,859
Oct 200371911528.174.76$20,802
Sep 200385627226.314.75$23,813
Aug 20031,07541729.765.13$34,131
Jul 2003540029.415.17$15,881
Jun 2003522028.565.98$14,908
May 2003839026.595.97$22,309
Apr 2003711026.675.41$18,962
Mar 2003712031.146.10$22,172
Feb 2003526033.487.93$17,610
Jan 20031,005030.315.58$30,462
Dec 200272729926.914.85$21,015
Nov 20021,087824.664.14$26,839
Oct 200289615826.464.23$24,376
Sep 200287542827.443.64$25,566
Aug 200271744525.963.16$20,021
Jul 200253747324.583.06$14,648
Jun 200270739923.733.34$18,109
May 200270543224.663.58$18,934
Apr 20021,06967523.653.51$27,653
Mar 200272866322.003.10$18,073
Feb 200290759918.222.38$17,949
Jan 200271989317.172.38$14,467
Dec 20011,42986416.932.36$26,236
Nov 200171267818.072.41$14,497
Oct 200185073619.782.53$18,674
Sep 200153562224.262.25$14,379
Aug 200171587224.873.05$20,444
Jul 20011,59591523.933.20$41,094
Jun 20017161,11524.563.82$21,849
May 200192892625.524.31$27,671
Apr 200194794324.685.34$28,403
Mar 20011,12182424.545.38$31,940
Feb 20011,1981,06927.755.77$39,410
Jan 20017142,23627.478.40$38,393
Dec 20001,2322,36426.889.12$54,682
Nov 20001,1621,61832.215.66$46,583
Oct 20001,5371,59231.235.15$56,192
Sep 20001,1221,11531.875.19$41,541
Aug 20001,3271,32929.644.54$45,367
Jul 20001,2301,13628.534.09$39,738
Jun 20001,02582529.304.40$33,660
May 20001,3271,11227.263.68$40,266
Apr 20001,37211724.513.12$33,992
Mar 20001,3771,27028.422.86$42,766
Feb 20001,1991,01127.622.73$35,873
Jan 20001,18469025.272.48$31,631
Dec 19991,32067624.282.42$33,688
Nov 199997987323.192.43$24,828
Oct 19991,44984520.982.80$32,769
Sep 19999921,00221.752.62$24,200
Aug 19991,34795919.262.88$28,701
Jul 19991,22493617.892.37$24,118
Jun 19991,3701,04115.942.36$24,297
May 19991,5801,09515.792.32$27,490
Apr 19991,2621,05815.102.21$21,392
Mar 19991,43390512.471.84$19,533
Feb 19991,1732459.981.82$12,152
Jan 19991,25114410.381.90$13,259
Dec 19981,2062859.201.77$11,601
Nov 19981,18564710.892.19$14,319
Oct 19981,22639112.421.97$15,997
Sep 19981,20568112.592.08$16,589
Aug 19981,21561911.301.91$14,910
Jul 199895069111.742.24$12,699
Jun 19981,35681811.242.24$17,072
May 19981,34294612.622.21$19,023
Apr 19981,41780213.042.51$20,487
Mar 19981,40377012.802.31$19,737
Feb 19981,3381,12313.952.30$21,247
Jan 19981,0771,88814.702.15$19,900
Dec 19971,0321,19516.322.41$19,724
Nov 19971,2671,14118.193.09$26,570
Oct 19971,4791,19019.253.15$32,219
Sep 19971,06899517.742.95$21,886
Aug 19971,3361,48117.862.55$27,645
Jul 19971,2391,88917.582.25$26,026
Jun 19971,3522,16717.242.26$28,200
May 19971,3971,69718.972.31$30,419
Apr 19971,3671,48817.882.08$27,541
Mar 199793095718.951.94$19,479
Feb 19971,3631,07020.492.21$30,288
Jan 19971,2801,46023.483.54$35,222
Dec 19961,1961,49623.32$27,891
Nov 19961,2422,33321.97$27,287
Oct 19961,4032,15023.31$32,704
Sep 19961,3971,99822.22$31,041
Aug 19961,1462,21820.26$23,218
Jul 19961,1852,73319.55$23,167
Jun 19961,0732,54418.73$20,097
May 19969792,18519.43$19,022
Apr 19969652,04221.51$20,757
Mar 19969091,96119.38$17,616
Feb 19968161,87916.98$13,856
Jan 19967662,01217.07$13,076
Dec 19958581,91617.19$14,749
Nov 19958731,97016.00$13,968
Oct 19958411,49715.43$12,977
Sep 19951,0302,28716.18$16,665
Aug 19958322,24815.92$13,245
Jul 199564268015.24$9,784
Jun 199597579816.41$16,000
May 1995845017.56$14,838
Apr 199588389517.73$15,656
Mar 199589480916.44$14,697
Feb 199598076316.58$16,248
Jan 19951,29881515.92$20,664
Dec 19941,23537115.03$18,562
Nov 19941,16057515.90$18,444
Oct 19941,2071,07115.58$18,805
Sep 19941,3891,33715.29$21,238
Aug 19941,16786516.13$18,824
Jul 19941,3851,02617.56$24,321
Jun 19941,26888117.09$21,670
May 19941,5331,02815.88$24,344
Apr 19941,56276514.14$22,087
Mar 19941,39789612.46$17,407
Feb 19941,38398412.50$17,288
Jan 19941,3991,01712.66$17,711
Dec 19931,76597712.33$21,762
Nov 19931,6431,02614.49$23,807
Oct 19931,5581,03115.85$24,694
Sep 19931,44695415.03$21,733
Aug 19931,8381,01415.66$28,783
Jul 19931,47892315.46$22,850
Jun 19931,69792316.79$28,493
May 19931,67699017.68$29,632
Apr 19931,73185018.05$31,245
Mar 19931,98188418.14$35,935
Feb 19931,44839217.90$25,919
Jan 19931,72466116.93$29,187

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                  171 bbl  × $106.41 =    $18,196
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,196

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/996 is the state's own key, not one this site invented.