HOBART RANCH

Operated by CIMAREX ENERGY CO. (P-5 153438) 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 198891District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Nov 2003 – Apr 2018
Value, last 12 filed months
$337
at the published price for each month
Months reported
174
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 Gas112006-03-21167584
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
CondensateDisposition3,204 bbl$165,931
GasProduction304,974 Mcf$1,983,850
Total$2,149,781

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 35.7449, -100.3681. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.74493, -100.36808 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,320 ft
1 wells filed one
Completion to plug
5.4 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 11,320 ft.

Completions filed
Nov 2012
1 of 1 wells
Plug dates filed
Apr 2018
1 of 1 wells

Last completion to plug: a median of 5.4 years across the 1 well that filed both dates, with the middle half between 5.4 years and 5.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2113282786911,320 ftNov 2012Apr 2018Yes

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 (174)

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

174 months

Apr 20185663.842.90$337
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
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 20160048.763.72$0
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 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130391.603.42$10
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 201218239594.672.92$18,383
Aug 2012092992.662.91$2,702
Jul 2012096685.133.02$2,918
Jun 2012095279.822.52$2,398
May 2012079391.612.49$1,973
Apr 20120763101.652.00$1,524
Mar 201201,315105.052.22$2,922
Feb 20120775101.102.57$1,992
Jan 2012086898.092.73$2,373
Dec 2011088996.873.24$2,880
Nov 201101,22795.723.31$4,063
Oct 201101,01884.983.65$3,714
Sep 201101,02383.623.99$4,077
Aug 201101,07583.404.15$4,461
Jul 201101,07494.144.52$4,852
Jun 201101,01692.904.64$4,714
May 20111981,16798.134.40$24,570
Apr 201101,121105.964.33$4,858
Mar 2011097996.364.06$3,972
Feb 2011079285.644.18$3,311
Jan 201101,09586.504.59$5,025
Dec 201001,26285.734.35$5,487
Nov 201001,12180.843.80$4,255
Oct 201001,20278.103.51$4,218
Sep 201001,25572.633.98$4,994
Aug 201001,29573.684.42$5,723
Jul 201001,34372.554.74$6,361
Jun 201001,28970.364.91$6,330
May 201001,31871.124.24$5,582
Apr 201001,12381.694.12$4,630
Mar 201001,17578.394.39$5,157
Feb 20101941,11073.585.44$20,316
Jan 201001,15174.365.96$6,865
Dec 200901,68671.445.48$9,246
Nov 200901,16474.593.75$4,367
Oct 200901,28772.544.11$5,290
Sep 200901,15665.543.06$3,543
Aug 200901,40267.423.22$4,512
Jul 200901,59161.133.46$5,512
Jun 200901,68166.163.90$6,548
May 200901,66854.743.93$6,548
Apr 200901,60546.773.59$5,758
Mar 200901,57642.144.06$6,397
Feb 20091911,20532.814.63$11,849
Jan 200901,15435.865.37$6,198
Dec 200801,70837.105.98$10,209
Nov 200801,77755.496.86$12,191
Oct 200801,28875.246.92$8,916
Sep 200801,300101.767.88$10,240
Aug 200801,660114.228.48$14,082
Jul 200801,918131.0811.39$21,845
Jun 200802,132131.3313.03$27,786
May 200802,462123.1711.57$28,496
Apr 200802,608110.3110.45$27,266
Mar 200802,882101.909.66$27,852
Feb 200803,09692.538.77$27,154
Jan 200803,50690.388.21$28,769
Dec 200702,58588.337.30$18,876
Nov 200702,66191.677.29$19,403
Oct 200702,95382.856.92$20,441
Sep 200702,70975.846.24$16,915
Aug 200702,71869.066.39$17,362
Jul 200703,24770.906.39$20,742
Jun 20071953,10162.007.55$35,498
May 200703,29358.747.85$25,838
Apr 200703,16559.617.81$24,703
Mar 200703,76156.927.30$27,463
Feb 200702,16655.108.22$17,796
Jan 200703,59150.306.73$24,156
Dec 200603,42156.656.92$23,668
Nov 200603,11654.207.62$23,736
Oct 200602,96254.906.01$17,813
Sep 200602,75660.085.04$13,883
Aug 200602,88868.717.34$21,198
Jul 200602,71269.376.34$17,202
Jun 20061892,49166.286.38$28,429
May 200602,95466.016.42$18,979
Apr 200602,83964.397.36$20,896
Mar 200603,13056.707.08$22,170
Feb 20061803,52957.597.75$37,720
Jan 200602,46060.598.93$21,976
Dec 200502,93054.9413.42$39,307
Nov 20051993,01554.6910.59$42,807
Oct 200503,36558.3413.80$46,423
Sep 200503,37061.4512.08$40,706
Aug 200503,23461.519.80$31,683
Jul 200504,03655.697.84$31,657
Jun 200504,00752.337.38$29,576
May 20051904,30545.226.65$37,225
Apr 200504,09449.207.36$30,134
Mar 200503,34450.377.15$23,926
Feb 20051832,72145.226.31$25,450
Jan 200503,38543.166.32$21,401
Dec 200404,53539.866.75$30,616
Nov 200404,76645.286.33$30,171
Oct 200404,55149.706.52$29,650
Sep 20041834,83943.245.28$33,482
Aug 200405,60342.375.55$31,100
Jul 20041906,03038.286.08$43,961
Jun 200406,20536.106.43$39,917
May 20041846,89037.486.49$51,644
Apr 200407,13434.475.86$41,794
Mar 20041858,02234.365.53$50,719
Feb 20041898,05032.455.51$50,485
Jan 2004010,49532.036.30$66,115
Dec 200336715,17030.266.30$106,701
Nov 2003021,27328.804.60$97,753

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.

Apr 2018 — as filed, then multipliedworked
Condensate             5 bbl  × $ 63.84 =       $319
Gas                    6 Mcf  × $  2.90 =        $17

────────────────────────────────────────────────────
Month total                                     $337

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/198891 is the state's own key, not one this site invented.