HOBART RANCH 50

Operated by MMGL TXPH, LLC (P-5 101619) in the HEMPHILL (GRANITE WASH.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196202District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Jun 2003 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
276
no gaps in the span
Streams
2
condensate, 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 712 leases and 714 wells, and the rule below applies to all of them.

Discovered
1964-01-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-10-07.

The Commission's schedule remark for this field reads: FIELD

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
High Cost Gas112004-04-23156601
NGPA1none

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
CondensateDisposition4,542 bbl$210,815
GasProduction902,076 Mcf$5,523,248
Total$5,734,063

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 35.7198, -100.3821. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.71976, -100.38208 · 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
11,500 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 11,500 ft.

Completions filed
Jun 2003
1 of 1 wells

1 well

42-21132724511,500 ftJun 2003

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 (276)

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

276 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026030689.753.15$964
Feb 2026021463.503.75$803
Jan 2026045359.138.00$3,623
Dec 2025045956.664.41$2,026
Nov 2025043458.593.93$1,704
Oct 2025040459.383.30$1,335
Sep 2025032662.743.08$1,003
Aug 2025035563.933.01$1,070
Jul 2025034766.743.32$1,150
Jun 2025034066.483.13$1,064
May 2025037060.553.23$1,196
Apr 2025036762.363.54$1,300
Mar 2025038367.704.27$1,635
Feb 2025032970.884.34$1,428
Jan 2025039174.324.28$1,673
Dec 2024040268.993.12$1,255
Nov 2024038869.052.20$853
Oct 2024038871.372.28$885
Sep 2024037069.612.36$875
Aug 2024036375.632.06$749
Jul 2024034479.932.15$738
Jun 2024035478.082.63$932
May 2024040778.812.20$895
Apr 2024041184.451.66$682
Mar 2024042780.301.55$660
Feb 2024040176.091.78$715
Jan 2024043873.023.30$1,444
Dec 2023046371.262.61$1,209
Nov 2023043277.892.81$1,213
Oct 2023040585.443.09$1,250
Sep 2023034189.042.74$933
Aug 2023033580.522.67$895
Jul 2023034274.852.64$904
Jun 2023037668.962.26$849
May 2023046270.622.23$1,029
Apr 2023038978.122.24$870
Mar 2023047172.852.39$1,127
Feb 2023043675.112.47$1,075
Jan 2023048276.533.39$1,633
Dec 2022048576.415.73$2,779
Nov 2022045585.005.65$2,569
Oct 2022042187.185.86$2,469
Sep 2022041984.888.16$3,421
Aug 2022038194.529.13$3,477
Jul 20220306101.587.54$2,308
Jun 20220358115.097.98$2,856
May 20220428109.378.43$3,609
Apr 20220433104.226.84$2,961
Mar 20220459108.885.08$2,330
Feb 2022045391.054.86$2,201
Jan 2022049181.844.54$2,228
Dec 2021050371.323.90$1,961
Nov 2021048877.435.24$2,556
Oct 2021044179.795.71$2,520
Sep 2021042669.865.35$2,279
Aug 2021045966.024.22$1,937
Jul 2021043970.783.98$1,748
Jun 2021044369.493.38$1,498
May 2021052963.483.02$1,596
Apr 2021050260.362.76$1,385
Mar 2021054161.302.72$1,470
Feb 2021048457.805.55$2,685
Jan 2021057550.412.81$1,616
Dec 2020056644.642.68$1,514
Nov 2020055738.772.71$1,508
Oct 2020054136.972.48$1,341
Sep 2020049337.091.99$982
Aug 2020047139.982.39$1,123
Jul 2020045738.371.83$834
Jun 2020047234.901.69$798
May 2020053416.921.81$969
Apr 2020059314.751.80$1,070
Mar 2020060930.341.86$1,130
Feb 2020056649.881.98$1,121
Jan 2020061357.252.09$1,284
Dec 2019061959.012.30$1,426
Nov 2019055655.302.75$1,529
Oct 2019051353.472.42$1,241
Sep 2019046155.052.66$1,225
Aug 2019047853.112.30$1,101
Jul 2019057656.272.46$1,417
Jun 2019067552.782.49$1,682
May 2019077458.482.74$2,121
Apr 2019065562.632.75$1,802
Mar 2019076556.803.06$2,343
Feb 2019069350.852.79$1,935
Jan 2019079646.033.23$2,570
Dec 2018089546.594.19$3,746
Nov 2018080152.934.24$3,394
Oct 2018090161.443.40$3,062
Sep 2018093859.543.11$2,915
Aug 2018077459.403.07$2,374
Jul 201801,04265.142.93$3,055
Jun 2018069160.183.08$2,126
May 2018015765.382.90$455
Apr 2018061563.842.90$1,784
Mar 201801,07361.222.79$2,990
Feb 2018083161.782.77$2,299
Jan 201801,00062.874.01$4,009
Dec 2017097857.272.92$2,857
Nov 201701,32255.423.12$4,122
Oct 201711,74949.292.98$5,268
Sep 201711,66247.523.09$5,179
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201663048.763.72$3,072
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015035949.822.71$972
Mar 2015070942.892.93$2,081
Feb 2015051544.662.98$1,533
Jan 2015065843.433.10$2,040
Dec 2014061554.693.59$2,209
Nov 2014071970.464.25$3,057
Oct 2014063378.303.90$2,469
Sep 2014050286.164.05$2,031
Aug 2014040989.394.04$1,650
Jul 2014063796.564.18$2,662
Jun 2014050998.164.74$2,411
May 2014074294.734.73$3,507
Apr 2014060595.944.81$2,910
Mar 2014090295.895.06$4,561
Feb 2014069497.406.19$4,297
Jan 2014070190.404.86$3,407
Dec 2013059991.824.35$2,608
Nov 2013059788.853.74$2,232
Oct 2013091497.423.78$3,454
Sep 201301,303104.113.72$4,844
Aug 201301,071104.253.52$3,773
Jul 20130779102.523.72$2,896
Jun 2013051894.403.93$2,038
May 2013068594.834.15$2,842
Apr 2013071893.964.28$3,075
Mar 2013067393.623.91$2,633
Feb 2013072691.233.42$2,483
Jan 2013083791.603.42$2,862
Dec 2012070386.773.42$2,404
Nov 2012077686.953.62$2,813
Oct 2012180389.383.40$2,819
Sep 201201,33594.672.92$3,896
Aug 201201,43392.662.91$4,167
Jul 201201,23185.133.02$3,719
Jun 201201,21779.822.52$3,066
May 201211,38991.612.49$3,548
Apr 201211,772101.652.00$3,640
Mar 20120650105.052.22$1,444
Feb 201201,035101.102.57$2,660
Jan 201201,41598.092.73$3,869
Dec 201101,16696.873.24$3,778
Nov 201101,70595.723.31$5,646
Oct 201101,18684.983.65$4,327
Sep 201101,66983.623.99$6,652
Aug 201101,17683.404.15$4,880
Jul 201101,22294.144.52$5,520
Jun 201111,56092.904.64$7,331
May 201122,21798.134.40$9,962
Apr 201112,045105.964.33$8,968
Mar 201101,56896.364.06$6,362
Feb 201101,17485.644.18$4,907
Jan 201112,63586.504.59$12,178
Dec 201022,82685.734.35$12,458
Nov 201011,91780.843.80$7,356
Oct 201011,96178.103.51$6,959
Sep 20101902,24472.633.98$22,730
Aug 201013,94273.684.42$17,495
Jul 201012,34572.554.74$11,180
Jun 201012,22670.364.91$11,001
May 201012,42871.124.24$10,354
Apr 201001,25581.694.12$5,174
Mar 201011,79678.394.39$7,960
Feb 201012,53473.585.44$13,865
Jan 201012,15974.365.96$12,951
Dec 200902,28471.445.48$12,525
Nov 200912,90774.593.75$10,980
Oct 200913,15472.544.11$13,036
Sep 200913,13165.543.06$9,661
Aug 20091683,33467.423.22$22,057
Jul 200913,54161.133.46$12,329
Jun 200913,44966.163.90$13,500
May 200913,34054.743.93$13,167
Apr 200913,54546.773.59$12,764
Mar 200913,57942.144.06$14,569
Feb 20091843,32532.814.63$21,442
Jan 200913,44835.865.37$18,555
Dec 200813,23737.105.98$19,385
Nov 200803,94055.496.86$27,030
Oct 200814,32975.246.92$30,040
Sep 200813,370101.767.88$26,648
Aug 200814,529114.228.48$38,534
Jul 200814,445131.0811.39$50,757
Jun 200814,028131.3313.03$52,627
May 200814,494123.1711.57$52,138
Apr 200814,296110.3110.45$45,024
Mar 20081854,674101.909.66$64,021
Feb 200824,63492.538.77$40,828
Jan 200824,27490.388.21$35,252
Dec 200724,30088.337.30$31,575
Nov 200724,53991.677.29$33,280
Oct 200724,97282.856.92$34,582
Sep 200725,08375.846.24$31,891
Aug 200735,63169.066.39$36,178
Jul 200735,84470.906.39$37,544
Jun 20071835,36062.007.55$51,806
May 200725,82958.747.85$45,853
Apr 200725,53759.617.81$43,337
Mar 200735,74556.927.30$42,121
Feb 200725,48555.108.22$45,175
Jan 200734,85650.306.73$32,816
Dec 20062045,95656.656.92$52,763
Nov 200625,82654.207.62$44,488
Oct 200666,66554.906.01$40,411
Sep 200686,97360.085.04$35,605
Aug 200667,36268.717.34$54,449
Jul 200677,23269.376.34$46,356
Jun 200687,50566.286.38$48,441
May 20061928,01566.016.42$64,170
Apr 200697,94964.397.36$59,088
Mar 200688,33956.707.08$59,518
Feb 200667,21657.597.75$56,278
Jan 20061888,74260.598.93$89,486
Dec 200545,27954.9413.42$71,040
Nov 200558,77054.6910.59$93,134
Oct 200599,76258.3413.80$135,199
Sep 200589,05161.4512.08$109,819
Aug 20051809,88761.519.80$107,933
Jul 200569,58355.697.84$75,500
Jun 200589,37852.337.38$69,638
May 200517210,30845.226.65$76,338
Apr 2005610,23249.207.36$75,608
Mar 2005811,10950.377.15$79,887
Feb 20051311,44845.226.31$72,847
Jan 2005310,80343.166.32$68,428
Dec 2004811,18639.866.75$75,836
Nov 200418713,31145.286.33$92,732
Oct 2004715,14649.706.52$99,026
Sep 2004313,35943.245.28$70,717
Aug 2004516,95442.375.55$94,318
Jul 200418916,48338.286.08$107,520
Jun 200419616,17236.106.43$111,110
May 2004018,89937.486.49$122,741
Apr 2004028,95434.475.86$169,626
Mar 200419420,12834.365.53$117,977
Feb 200417218,40732.455.51$106,997
Jan 200418827,41532.036.30$178,726
Dec 2003032,42830.266.30$204,350
Nov 2003019528.804.60$896
Oct 200318123,16628.174.76$115,361
Sep 200318837,67226.314.75$183,864
Aug 200373654,04929.765.13$299,160
Jul 200318144,21429.415.17$233,947
Jun 200302,55028.565.98$15,257

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
Condensate             0 bbl  × $ 89.75 =         $0
Gas                  306 Mcf  × $  3.15 =       $964

────────────────────────────────────────────────────
Month total                                     $964

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. 10/G/196202 is the state's own key, not one this site invented.