HOBBS

Name: HOBBS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BIG W OIL COMPANY (P-5 70715) in the SEWELL (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 112040District 09Field 82450555CondensateGasSave Export

Value, all time

$396 k

Jan 1993 – Mar 2016

Value, last 12 filed months

at the published price for each month

Months reported

279

no gaps in the span

Streams

condensate, gas

The SEWELL (MARBLE FALLS) field

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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1940-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Stream	Basis	Volume	Value
Condensate	Disposition	4 bbl	$302
Gas	Production	118,388 Mcf	$395,732
Total			$396,034

34,074 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 (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 33.0678, -98.4529. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.06779, -98.45290 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

4,078 ft

1 wells filed one

Completion to plug

31.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 4,078 ft.

Completions filed

Jun 1984

1 of 1 wells

Plug dates filed

Apr 2016

1 of 1 wells

Last completion to plug: a median of 31.8 years across the 1 well that filed both dates, with the middle half between 31.8 years and 31.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-50335961	1	4,078 ft	Jun 1984	Apr 2016	Yes

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 (279)

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

279 months


Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	19	94.73	4.73	$90
Apr 2014	0	112	95.94	4.81	$539
Mar 2014	1	39	95.89	5.06	$293
Feb 2014	0	32	97.40	6.19	$198
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	7	91.82	4.35	$30
Nov 2013	0	14	88.85	3.74	$52
Oct 2013	0	19	97.42	3.78	$72
Sep 2013	0	107	104.11	3.72	$398
Aug 2013	0	147	104.25	3.52	$518
Jul 2013	0	140	102.52	3.72	$520
Jun 2013	0	137	94.40	3.93	$539
May 2013	0	162	94.83	4.15	$672
Apr 2013	0	17	93.96	4.28	$73
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	51	89.38	3.40	$173
Sep 2012	0	110	94.67	2.92	$321
Aug 2012	0	182	92.66	2.91	$529
Jul 2012	0	308	85.13	3.02	$930
Jun 2012	0	129	79.82	2.52	$325
May 2012	0	263	91.61	2.49	$654
Apr 2012	0	238	101.65	2.00	$475
Mar 2012	0	282	105.05	2.22	$627
Feb 2012	1	275	101.10	2.57	$808
Jan 2012	0	315	98.09	2.73	$861
Dec 2011	0	310	96.87	3.24	$1,004
Nov 2011	0	298	95.72	3.31	$987
Oct 2011	0	318	84.98	3.65	$1,160
Sep 2011	0	255	83.62	3.99	$1,016
Aug 2011	0	293	83.40	4.15	$1,216
Jul 2011	0	283	94.14	4.52	$1,278
Jun 2011	0	307	92.90	4.64	$1,424
May 2011	0	318	98.13	4.40	$1,401
Apr 2011	0	293	105.96	4.33	$1,270
Mar 2011	0	304	96.36	4.06	$1,233
Feb 2011	0	281	85.64	4.18	$1,175
Jan 2011	0	312	86.50	4.59	$1,432
Dec 2010	0	337	85.73	4.35	$1,465
Nov 2010	0	308	80.84	3.80	$1,169
Oct 2010	0	334	78.10	3.51	$1,172
Sep 2010	0	307	72.63	3.98	$1,222
Aug 2010	0	308	73.68	4.42	$1,361
Jul 2010	0	311	72.55	4.74	$1,473
Jun 2010	0	315	70.36	4.91	$1,547
May 2010	0	339	71.12	4.24	$1,436
Apr 2010	0	311	81.69	4.12	$1,282
Mar 2010	1	329	78.39	4.39	$1,522
Feb 2010	0	292	73.58	5.44	$1,589
Jan 2010	0	323	74.36	5.96	$1,926
Dec 2009	0	330	71.44	5.48	$1,810
Nov 2009	0	332	74.59	3.75	$1,246
Oct 2009	0	337	72.54	4.11	$1,385
Sep 2009	0	326	65.54	3.06	$999
Aug 2009	0	327	67.42	3.22	$1,052
Jul 2009	0	321	61.13	3.46	$1,112
Jun 2009	0	330	66.16	3.90	$1,285
May 2009	0	344	54.74	3.93	$1,350
Apr 2009	0	350	46.77	3.59	$1,256
Mar 2009	0	354	42.14	4.06	$1,437
Feb 2009	0	328	32.81	4.63	$1,520
Jan 2009	0	364	35.86	5.37	$1,955
Dec 2008	0	368	37.10	5.98	$2,200
Nov 2008	0	373	55.49	6.86	$2,559
Oct 2008	0	374	75.24	6.92	$2,589
Sep 2008	0	337	101.76	7.88	$2,655
Aug 2008	0	359	114.22	8.48	$3,045
Jul 2008	0	370	131.08	11.39	$4,214
Jun 2008	0	368	131.33	13.03	$4,796
May 2008	0	376	123.17	11.57	$4,352
Apr 2008	0	363	110.31	10.45	$3,795
Mar 2008	0	383	101.90	9.66	$3,701
Feb 2008	0	355	92.53	8.77	$3,114
Jan 2008	0	378	90.38	8.21	$3,102
Dec 2007	0	390	88.33	7.30	$2,848
Nov 2007	0	371	91.67	7.29	$2,705
Oct 2007	0	386	82.85	6.92	$2,672
Sep 2007	0	378	75.84	6.24	$2,360
Aug 2007	0	397	69.06	6.39	$2,536
Jul 2007	0	408	70.90	6.39	$2,606
Jun 2007	0	335	62.00	7.55	$2,529
May 2007	0	382	58.74	7.85	$2,997
Apr 2007	0	377	59.61	7.81	$2,943
Mar 2007	0	404	56.92	7.30	$2,950
Feb 2007	0	356	55.10	8.22	$2,925
Jan 2007	0	391	50.30	6.73	$2,630
Dec 2006	0	407	56.65	6.92	$2,816
Nov 2006	0	397	54.20	7.62	$3,024
Oct 2006	0	412	54.90	6.01	$2,478
Sep 2006	0	408	60.08	5.04	$2,055
Aug 2006	0	436	68.71	7.34	$3,200
Jul 2006	0	428	69.37	6.34	$2,715
Jun 2006	0	390	66.28	6.38	$2,490
May 2006	0	402	66.01	6.42	$2,583
Apr 2006	0	406	64.39	7.36	$2,988
Mar 2006	0	390	56.70	7.08	$2,762
Feb 2006	0	362	57.59	7.75	$2,806
Jan 2006	0	408	60.59	8.93	$3,645
Dec 2005	0	398	54.94	13.42	$5,339
Nov 2005	0	394	54.69	10.59	$4,172
Oct 2005	0	410	58.34	13.80	$5,656
Sep 2005	0	398	61.45	12.08	$4,807
Aug 2005	0	432	61.51	9.80	$4,232
Jul 2005	0	432	55.69	7.84	$3,388
Jun 2005	0	390	52.33	7.38	$2,879
May 2005	0	437	45.22	6.65	$2,907
Apr 2005	0	442	49.20	7.36	$3,253
Mar 2005	0	438	50.37	7.15	$3,134
Feb 2005	0	398	45.22	6.31	$2,512
Jan 2005	0	424	43.16	6.32	$2,681
Dec 2004	0	417	39.86	6.75	$2,815
Nov 2004	0	420	45.28	6.33	$2,659
Oct 2004	0	449	49.70	6.52	$2,925
Sep 2004	0	429	43.24	5.28	$2,267
Aug 2004	0	441	42.37	5.55	$2,448
Jul 2004	0	450	38.28	6.08	$2,738
Jun 2004	0	441	36.10	6.43	$2,837
May 2004	0	447	37.48	6.49	$2,903
Apr 2004	0	412	34.47	5.86	$2,414
Mar 2004	0	439	34.36	5.53	$2,428
Feb 2004	0	410	32.45	5.51	$2,259
Jan 2004	0	421	32.03	6.30	$2,652
Dec 2003	0	423	30.26	6.30	$2,666
Nov 2003	0	413	28.80	4.60	$1,898
Oct 2003	0	436	28.17	4.76	$2,075
Sep 2003	0	420	26.31	4.75	$1,995
Aug 2003	0	447	29.76	5.13	$2,293
Jul 2003	0	463	29.41	5.17	$2,394
Jun 2003	0	447	28.56	5.98	$2,674
May 2003	1	459	26.59	5.97	$2,768
Apr 2003	0	463	26.67	5.41	$2,504
Mar 2003	0	485	31.14	6.10	$2,957
Feb 2003	0	422	33.48	7.93	$3,345
Jan 2003	0	472	30.31	5.58	$2,635
Dec 2002	0	472	26.91	4.85	$2,291
Nov 2002	0	457	24.66	4.14	$1,891
Oct 2002	0	465	26.46	4.23	$1,967
Sep 2002	0	452	27.44	3.64	$1,643
Aug 2002	0	479	25.96	3.16	$1,516
Jul 2002	0	485	24.58	3.06	$1,485
Jun 2002	0	475	23.73	3.34	$1,586
May 2002	0	487	24.66	3.58	$1,745
Apr 2002	0	487	23.65	3.51	$1,711
Mar 2002	0	501	22.00	3.10	$1,554
Feb 2002	0	452	18.22	2.38	$1,074
Jan 2002	0	519	17.17	2.38	$1,233
Dec 2001	0	496	16.93	2.36	$1,173
Nov 2001	0	490	18.07	2.41	$1,179
Oct 2001	0	511	19.78	2.53	$1,292
Sep 2001	0	418	24.26	2.25	$941
Aug 2001	0	469	24.87	3.05	$1,432
Jul 2001	0	496	23.93	3.20	$1,586
Jun 2001	0	502	24.56	3.82	$1,920
May 2001	0	516	25.52	4.31	$2,223
Apr 2001	0	513	24.68	5.34	$2,737
Mar 2001	0	534	24.54	5.38	$2,871
Feb 2001	0	482	27.75	5.77	$2,780
Jan 2001	0	542	27.47	8.40	$4,552
Dec 2000	0	525	26.88	9.12	$4,789
Nov 2000	0	525	32.21	5.66	$2,970
Oct 2000	0	552	31.23	5.15	$2,840
Sep 2000	0	495	31.87	5.19	$2,567
Aug 2000	0	536	29.64	4.54	$2,434
Jul 2000	0	542	28.53	4.09	$2,217
Jun 2000	0	511	29.30	4.40	$2,247
May 2000	0	547	27.26	3.68	$2,013
Apr 2000	0	575	24.51	3.12	$1,792
Mar 2000	0	641	28.42	2.86	$1,833
Feb 2000	0	658	27.62	2.73	$1,794
Jan 2000	0	700	25.27	2.48	$1,736
Dec 1999	0	692	24.28	2.42	$1,677
Nov 1999	0	685	23.19	2.43	$1,667
Oct 1999	0	685	20.98	2.80	$1,921
Sep 1999	0	664	21.75	2.62	$1,739
Aug 1999	0	638	19.26	2.88	$1,835
Jul 1999	0	639	17.89	2.37	$1,516
Jun 1999	0	627	15.94	2.36	$1,481
May 1999	0	544	15.79	2.32	$1,263
Apr 1999	0	571	15.10	2.21	$1,261
Mar 1999	0	528	12.47	1.84	$971
Feb 1999	0	569	9.98	1.82	$1,034
Jan 1999	0	587	10.38	1.90	$1,115
Dec 1998	0	635	9.20	1.77	$1,126
Nov 1998	0	596	10.89	2.19	$1,303
Oct 1998	0	647	12.42	1.97	$1,274
Sep 1998	0	603	12.59	2.08	$1,256
Aug 1998	0	479	11.30	1.91	$914
Jul 1998	0	505	11.74	2.24	$1,130
Jun 1998	0	762	11.24	2.24	$1,705
May 1998	0	667	12.62	2.21	$1,472
Apr 1998	0	517	13.04	2.51	$1,295
Mar 1998	0	570	12.80	2.31	$1,316
Feb 1998	0	422	13.95	2.30	$970
Jan 1998	0	454	14.70	2.15	$978
Dec 1997	0	488	16.32	2.41	$1,177
Nov 1997	0	566	18.19	3.09	$1,748
Oct 1997	0	542	19.25	3.15	$1,707
Sep 1997	0	626	17.74	2.95	$1,850
Aug 1997	0	657	17.86	2.55	$1,678
Jul 1997	0	664	17.58	2.25	$1,492
Jun 1997	0	617	17.24	2.26	$1,393
May 1997	0	683	18.97	2.31	$1,577
Apr 1997	0	812	17.88	2.08	$1,691
Mar 1997	0	656	18.95	1.94	$1,272
Feb 1997	0	640	20.49	2.21	$1,412
Jan 1997	0	692	23.48	3.54	$2,449
Dec 1996	0	599	23.32	—	$0
Nov 1996	0	586	21.97	—	$0
Oct 1996	0	663	23.31	—	$0
Sep 1996	0	557	22.22	—	$0
Aug 1996	0	765	20.26	—	$0
Jul 1996	0	545	19.55	—	$0
Jun 1996	0	622	18.73	—	$0
May 1996	0	715	19.43	—	$0
Apr 1996	0	418	21.51	—	$0
Mar 1996	0	687	19.38	—	$0
Feb 1996	0	518	16.98	—	$0
Jan 1996	0	646	17.07	—	$0
Dec 1995	0	526	17.19	—	$0
Nov 1995	0	662	16.00	—	$0
Oct 1995	0	563	15.43	—	$0
Sep 1995	0	792	16.18	—	$0
Aug 1995	0	792	15.92	—	$0
Jul 1995	0	696	15.24	—	$0
Jun 1995	0	811	16.41	—	$0
May 1995	0	816	17.56	—	$0
Apr 1995	0	691	17.73	—	$0
Mar 1995	0	693	16.44	—	$0
Feb 1995	0	599	16.58	—	$0
Jan 1995	0	746	15.92	—	$0
Dec 1994	0	668	15.03	—	$0
Nov 1994	0	689	15.90	—	$0
Oct 1994	0	714	15.58	—	$0
Sep 1994	0	670	15.29	—	$0
Aug 1994	0	876	16.13	—	$0
Jul 1994	0	762	17.56	—	$0
Jun 1994	0	788	17.09	—	$0
May 1994	0	803	15.88	—	$0
Apr 1994	0	668	14.14	—	$0
Mar 1994	0	898	12.46	—	$0
Feb 1994	0	490	12.50	—	$0
Jan 1994	0	777	12.66	—	$0
Dec 1993	0	597	12.33	—	$0
Nov 1993	0	445	14.49	—	$0
Oct 1993	0	711	15.85	—	$0
Sep 1993	0	587	15.03	—	$0
Aug 1993	0	899	15.66	—	$0
Jul 1993	0	933	15.46	—	$0
Jun 1993	0	859	16.79	—	$0
May 1993	0	947	17.68	—	$0
Apr 1993	0	902	18.05	—	$0
Mar 1993	0	1,050	18.14	—	$0
Feb 1993	0	747	17.90	—	$0
Jan 1993	0	886	16.93	—	$0

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 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 94.73 =         $0
Gas                   19 Mcf  × $  4.73 =        $90

────────────────────────────────────────────────────
Month total                                      $90

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. 09/G/112040 is the state's own key, not one this site invented.