HOBBS, C. W. -C-

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 997District 08Field 21907555Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$12.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$48 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
OilDisposition309,826 bbl$11,715,897
Casinghead gasProduction407,994 Mcf$1,161,231
Total$12,877,128

139,007 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.

Wells on this lease (8)

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 31.1472, -102.3071. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.14741, -102.30799 · 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
12.5%
1 of 8 wells
With a plug date
12.5%
1 of 8 wells
Median depth
3,600 ft
8 wells filed one
Completion to plug
24.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
112.5%
A plug date is filed
112.5%
BothOn the schedule and plugged. Neither fact cancels the other.
112.5%
NeitherNo plug date, and not on the schedule.
787.5%

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, 8 of 8 wells. Median 3,600 ft, with the middle half between 3,600 and 3,700 ft; the shallowest is 3,300 ft and the deepest 5,502 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, 7 of 8 wells, Aug 1962 – Aug 1997. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 1962 – Aug 1997
7 of 8 wells; 1 filed none
Plug dates filed
May 1987
1 of 8 wells; 7 filed none

Last completion to plug: a median of 24.8 years across the 1 well that filed both dates, with the middle half between 24.8 years and 24.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-1033368733,600 ft
42-1033376443,600 ftAug 1997
42-1033377064,000 ftMar 1993
42-1033376753,600 ftDec 1987
42-1033378473,600 ftJun 1987
42-103337922A3,600 ftApr 1987
42-1030401715,502 ftJun 1986
42-1030402023,300 ftAug 1962May 1987Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026156089.753.15$14,001
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025181056.664.41$10,255
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025186062.743.08$11,670
Aug 20250063.933.01$0
Jul 2025182066.743.32$12,147
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 20240268.993.12$6
Nov 20240369.052.20$7
Oct 20240671.372.28$14
Sep 20240269.612.36$5
Aug 20240175.632.06$2
Jul 20240579.932.15$11
Jun 20241701078.082.63$13,300
May 202402278.812.20$48
Apr 20240284.451.66$3
Mar 20240180.301.55$2
Feb 20240076.091.78$0
Jan 202401473.023.30$46
Dec 202301271.262.61$31
Nov 20230777.892.81$20
Oct 202302185.443.09$65
Sep 20230589.042.74$14
Aug 20231852280.522.67$14,955
Jul 20230874.852.64$21
Jun 202302468.962.26$54
May 202302470.622.23$53
Apr 202302978.122.24$65
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023182076.533.39$13,928
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 20221830108.885.08$19,925
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 2021170069.865.35$11,876
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 2020158030.341.86$4,794
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019174053.472.42$9,304
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019160052.782.49$8,445
May 20190058.482.74$0
Apr 2019171062.632.75$10,710
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20181451746.594.19$6,827
Nov 20180052.934.24$0
Oct 201802061.443.40$68
Sep 201815611059.543.11$9,630
Aug 2018035159.403.07$1,076
Jul 2018036965.142.93$1,082
Jun 201815526060.183.08$10,128
May 201806665.382.90$191
Apr 2018168063.842.90$10,725
Mar 20180061.222.79$0
Feb 2018167961.782.77$10,342
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017150055.423.12$8,313
Oct 20170049.292.98$0
Sep 20171693147.523.09$8,127
Aug 201733610245.373.00$15,551
Jul 201751416043.873.09$23,043
Jun 201733742742.493.09$15,637
May 201735236445.373.26$17,158
Apr 201757358847.933.21$29,352
Mar 201752257846.772.98$26,139
Feb 201753135850.452.95$27,846
Jan 201755710449.413.42$27,877
Dec 2016586748.763.72$28,599
Nov 201637123242.492.64$16,377
Oct 201637569346.193.09$19,463
Sep 201635561341.553.10$16,651
Aug 201634680741.442.92$16,698
Jul 201655788441.622.92$25,767
Jun 201636577145.352.69$18,624
May 201655567942.521.99$24,951
Apr 201635386136.561.99$14,620
Mar 201658983433.011.79$20,939
Feb 201635348126.472.06$10,337
Jan 2016538027.352.36$14,714
Dec 2015544032.362.00$17,604
Nov 201536746038.792.17$15,233
Oct 201532853843.552.43$15,590
Sep 201517539742.992.76$8,618
Aug 201573597940.162.87$32,330
Jul 20153661,05448.152.95$20,727
Jun 20155731,06856.152.88$35,253
May 201544075455.212.96$26,521
Apr 201555891349.822.71$30,271
Mar 201535060842.892.93$16,796
Feb 201537013944.662.98$16,938
Jan 201538518743.433.10$17,300
Dec 201475227254.693.59$42,104
Nov 201418565970.464.25$15,837
Oct 2014655078.303.90$51,287
Sep 2014857086.164.05$73,839
Aug 201470238289.394.04$64,293
Jul 20145391,07096.564.18$56,518
Jun 201449697598.164.74$53,306
May 201453049594.734.73$52,547
Apr 201452856695.944.81$53,378
Mar 201453187495.895.06$55,337
Feb 201451824797.406.19$51,983
Jan 2014342890.404.86$30,956
Dec 2013543091.824.35$49,858
Nov 2013356088.853.74$31,631
Oct 2013859597.423.78$83,703
Sep 20135180104.113.72$53,929
Aug 201370421104.253.52$73,466
Jul 201352934102.523.72$54,359
Jun 201359213594.403.93$56,416
May 201366732494.834.15$64,596
Apr 201368922993.964.28$65,719
Mar 2013696093.623.91$65,160
Feb 2013862091.233.42$78,640
Jan 201352332691.603.42$49,022
Dec 201268896886.773.42$63,008
Nov 20127021,24286.953.62$65,541
Oct 20128621,18589.383.40$81,074
Sep 201235091394.672.92$35,799
Aug 201253662792.662.91$51,489
Jul 20126901,16585.133.02$62,259
Jun 201252482779.822.52$43,909
May 201248969791.612.49$46,532
Apr 2012809911101.652.00$84,054
Mar 2012520988105.052.22$56,821
Feb 2012517946101.102.57$54,700
Jan 20126841,01998.092.73$69,880
Dec 201153590896.873.24$54,767
Nov 20118371,13895.723.31$83,886
Oct 201166095884.983.65$59,582
Sep 20116791,03583.623.99$60,903
Aug 20116771,29483.404.15$61,831
Jul 20116711,31694.144.52$69,113
Jun 20116811,36292.904.64$69,584
May 20111,0201,57598.134.40$107,030
Apr 2011171756105.964.33$21,395
Mar 20118491,41296.364.06$87,539
Feb 20114791,10585.644.18$45,640
Jan 20118251,44786.504.59$78,002
Dec 20106491,42885.734.35$61,847
Nov 20108641,31580.843.80$74,837
Oct 20106811,47078.103.51$58,344
Sep 20108341,38072.633.98$66,065
Aug 20106671,56773.684.42$56,070
Jul 20108471,32772.554.74$67,735
Jun 20106701,47970.364.91$54,404
May 20108381,46071.124.24$65,782
Apr 20101,0141,40181.694.12$88,610
Mar 20108461,47378.394.39$72,782
Feb 20103361,24573.585.44$31,499
Jan 201084388774.365.96$67,976
Dec 20098331,22571.445.48$66,227
Nov 200981376274.593.75$63,500
Oct 20098441,28272.544.11$66,493
Sep 20091,0111,24665.543.06$70,080
Aug 20098561,28267.423.22$61,838
Jul 20098591,56161.133.46$57,919
Jun 200950499766.163.90$37,228
May 20099861,16954.743.93$58,563
Apr 200972876446.773.59$36,789
Mar 200967936142.144.06$30,078
Feb 200991362832.814.63$32,865
Jan 20098391,35335.865.37$37,354
Dec 20081,1431,07637.105.98$48,837
Nov 20086951,31255.496.86$47,566
Oct 20088671,68075.246.92$76,862
Sep 20088571,256101.767.88$97,102
Aug 20088351,375114.228.48$107,038
Jul 20081,1661,998131.0811.39$175,595
Jun 20088501,904131.3313.03$136,445
May 20081,1702,085123.1711.57$168,241
Apr 20081,1841,970110.3110.45$151,203
Mar 20085031,365101.909.66$64,447
Feb 20085054592.538.77$47,122
Jan 200851411190.388.21$47,366
Dec 200733937188.337.30$32,653
Nov 20075281,83191.677.29$61,753
Oct 20075712,91982.856.92$67,513
Sep 20073922,06575.846.24$42,623
Aug 20077981,24069.066.39$63,031
Jul 20071,0551,30270.906.39$83,117
Jun 200795581062.007.55$65,324
May 20071,15770158.747.85$73,462
Apr 200775960159.617.81$49,935
Mar 20071,13172356.927.30$69,656
Feb 200772771455.108.22$45,924
Jan 20071,14978250.306.73$63,055
Dec 200677982356.656.92$49,824
Nov 200674158654.207.62$44,626
Oct 20061,13476954.906.01$66,881
Sep 200693985960.085.04$60,742
Aug 20061,09970068.717.34$80,650
Jul 20061,09073569.376.34$80,275
Jun 200671661166.286.38$51,357
May 200676338866.016.42$52,859
Apr 200675966664.397.36$53,774
Mar 20061,35470856.707.08$81,787
Feb 200696341657.597.75$58,684
Jan 200678211060.598.93$48,364
Dec 200577425254.9413.42$45,904
Nov 200596930954.6910.59$56,266
Oct 20051,31432258.3413.80$81,101
Sep 20053695761.4512.08$23,364
Aug 20051,66429361.519.80$105,223
Jul 200594137455.697.84$55,338
Jun 200553326752.337.38$29,863
May 200575827645.226.65$36,112
Apr 200512916849.207.36$7,583
Mar 200558034250.377.15$31,662
Feb 200597036945.226.31$46,193
Jan 20051,16124043.166.32$51,626
Dec 200439065439.866.75$19,961
Nov 200456881245.286.33$30,859
Oct 200474122449.706.52$38,287
Sep 200455329343.245.28$25,460
Aug 20047661,70842.375.55$41,936
Jul 20047411,29438.286.08$36,238
Jun 20045501,91036.106.43$32,142
May 20041,0831,81837.486.49$52,398
Apr 20047451,30834.475.86$33,343
Mar 20041,1672,07734.365.53$51,584
Feb 20041,1501,66832.455.51$46,508
Jan 20049791,40632.036.30$40,215
Dec 20031,1521,17830.266.30$42,283
Nov 20031,1661,47128.804.60$40,340
Oct 20031,5581,45528.174.76$50,814
Sep 20037801,50226.314.75$27,655
Aug 200337190429.765.13$15,678
Jul 2003380029.415.17$11,176
Jun 2003758028.565.98$21,648
May 2003388026.595.97$10,317
Apr 2003927026.675.41$24,723
Mar 20035781,17031.146.10$25,131
Feb 20039831,01333.487.93$40,940
Jan 20037891,21930.315.58$30,719
Dec 20029841,22126.914.85$32,406
Nov 20029761,37524.664.14$29,756
Oct 20027791,60426.464.23$27,396
Sep 20021,3542,17127.443.64$45,046
Aug 20027791,80725.963.16$25,940
Jul 20021,1571,67624.583.06$33,571
Jun 20029661,74523.733.34$28,748
May 20029451,64324.663.58$29,192
Apr 20029491,60423.653.51$28,078
Mar 20021,1641,57422.003.10$30,492
Feb 20027821,03418.222.38$16,704
Jan 20027791,00717.172.38$15,768
Dec 200155771016.932.36$11,109
Nov 20011,1571,33718.072.41$24,123
Oct 20019731,49619.782.53$23,029
Sep 20019691,52424.262.25$26,939
Aug 20011,1401,78924.873.05$33,814
Jul 20017541,94423.933.20$24,258
Jun 20017481,34424.563.82$23,511
May 20011,4552,18725.524.31$46,552
Apr 20011,4381,88024.685.34$45,520
Mar 20011,1381,48524.545.38$35,911
Feb 20011,68091727.755.77$51,908
Jan 20011,3821,58527.478.40$51,276
Dec 20001,0481,35026.889.12$40,486
Nov 20009291,41532.215.66$37,929
Oct 20001,2781,81031.235.15$49,225
Sep 20009881,87131.875.19$41,192
Aug 20001,3651,98229.644.54$49,458
Jul 20001,1841,97428.534.09$41,853
Jun 20001,2821,83729.304.40$45,640
May 20001,3821,96427.263.68$44,900
Apr 20008351,90024.513.12$26,386
Mar 20001,0271,37828.422.86$33,128
Feb 20001,3591,65927.622.73$42,059
Jan 20001,2611,88025.272.48$36,529
Dec 19991,4521,87924.282.42$39,809
Nov 19991,3811,81923.192.43$36,453
Oct 19991,5961,87920.982.80$38,752
Sep 19991,5021,96221.752.62$37,807
Aug 19991,7672,77419.262.88$42,009
Jul 19991,3721,77017.892.37$28,744
Jun 19991,3351,60815.942.36$25,078
May 19991,6651,93915.792.32$30,791
Apr 19991,5631,68315.102.21$27,317
Mar 19991,670012.471.84$20,825
Feb 19991,5161,5949.981.82$18,027
Jan 19991,3261,57210.381.90$16,751
Dec 19981,0251,4179.201.77$11,943
Nov 19981,2431,54310.892.19$16,909
Oct 19981,1191,67612.421.97$17,198
Sep 19981,0811,69312.592.08$17,136
Aug 19981,4211,85911.301.91$19,603
Jul 19981,1001,95411.742.24$17,286
Jun 19981,3502,15511.242.24$19,995
May 19981,0812,01612.622.21$18,090
Apr 19981,4352,05713.042.51$23,866
Mar 19981,5612,10012.802.31$24,831
Feb 19981,5532,02913.952.30$26,329
Jan 19981,4792,22114.702.15$26,527
Dec 19971,8162,16416.322.41$34,855
Nov 19972,0312,61418.193.09$45,017
Oct 19971,8242,43119.253.15$42,769
Sep 19971,7772,31017.742.95$38,350
Aug 19971,7082,07017.862.55$35,793
Jul 19971,5471,95917.582.25$31,598
Jun 19971,5591,31817.242.26$29,852
May 19971,4861,77918.972.31$32,296
Apr 19971,3911,39717.882.08$27,781
Mar 19971,5821,43018.951.94$32,752
Feb 19971,4681,51020.492.21$33,410
Jan 19971,4761,59623.483.54$40,306
Dec 19961,1271,47423.32$26,282
Nov 19961,2191,36121.97$26,781
Oct 19961,7911,09623.31$41,748
Sep 19961,5191,30422.22$33,752
Aug 19961,3601,16220.26$27,554
Jul 19961,6361,57719.55$31,984
Jun 19961,6941,67418.73$31,729
May 19961,7281,68319.43$33,575
Apr 19961,9611,94921.51$42,181
Mar 19961,6962,06019.38$32,868
Feb 19961,5161,96616.98$25,742
Jan 19961,7852,07217.07$30,470
Dec 19951,7811,97717.19$30,615
Nov 19951,4921,89416.00$23,872
Oct 19951,4472,02115.43$22,327
Sep 19951,9962,57716.18$32,295
Aug 19951,7602,39315.92$28,019
Jul 19951,6152,49815.24$24,613
Jun 19951,3072,24816.41$21,448
May 19951,6972,41417.56$29,799
Apr 19951,6292,59217.73$28,882
Mar 19951,8472,47816.44$30,365
Feb 19951,6822,43216.58$27,888
Jan 19952,0432,58615.92$32,525
Dec 19941,8832,61915.03$28,301
Nov 19942,0652,84815.90$32,834
Oct 19941,6482,96415.58$25,676
Sep 19941,7162,60215.29$26,238
Aug 19941,8902,96616.13$30,486
Jul 19941,7123,39117.56$30,063
Jun 19942,1213,67017.09$36,248
May 19942,1203,55515.88$33,666
Apr 19941,7363,33014.14$24,547
Mar 19942,1543,63412.46$26,839
Feb 19942,0583,46812.50$25,725
Jan 19942,1323,24612.66$26,991
Dec 19932,4093,42112.33$29,703
Nov 19931,9132,52414.49$27,719
Oct 19931,8292,79615.85$28,990
Sep 19931,7533,49215.03$26,348
Aug 19931,7753,57715.66$27,797
Jul 19932,4926,30615.46$38,526
Jun 19932,5436,87616.79$42,697
May 19932,7957,15917.68$49,416
Apr 19932,9486,55218.05$53,211
Mar 19933,5115,04218.14$63,690
Feb 19932,2041,74217.90$39,452
Jan 19932,2903,73916.93$38,770

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.

Mar 2026 — as filed, then multipliedworked
Oil                  156 bbl  × $ 89.75 =    $14,001
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $14,001

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/997 is the state's own key, not one this site invented.