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 201514District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
Apr 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
266
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 Gas112006-03-29158489
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
CondensateDisposition9,215 bbl$561,482
GasProduction783,949 Mcf$5,214,058
Total$5,775,540

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 35.7197, -100.3920. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.71968, -100.39202 · 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
12,200 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 12,200 ft.

Completions filed
Apr 2004
1 of 1 wells

1 well

42-21132883812,200 ftApr 2004

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 (266)

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

266 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
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 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 202304576.533.39$152
Dec 2022014776.415.73$842
Nov 2022024585.005.65$1,383
Oct 2022022187.185.86$1,296
Sep 2022013784.888.16$1,118
Aug 202209994.529.13$904
Jul 20220187101.587.54$1,410
Jun 2022047115.097.98$375
May 20220211109.378.43$1,779
Apr 20220210104.226.84$1,436
Mar 20220251108.885.08$1,274
Feb 2022016191.054.86$782
Jan 2022022781.844.54$1,030
Dec 2021025771.323.90$1,002
Nov 2021028577.435.24$1,493
Oct 2021017079.795.71$971
Sep 2021015169.865.35$808
Aug 2021017266.024.22$726
Jul 2021021570.783.98$856
Jun 2021026269.493.38$886
May 2021036463.483.02$1,098
Apr 2021038060.362.76$1,048
Mar 2021043361.302.72$1,176
Feb 2021044057.805.55$2,441
Jan 2021146150.412.81$1,346
Dec 2020019344.642.68$516
Nov 2020024438.772.71$660
Oct 2020030536.972.48$756
Sep 2020023437.091.99$466
Aug 2020023439.982.39$558
Jul 2020018638.371.83$339
Jun 2020019634.901.69$331
May 2020036616.921.81$664
Apr 2020034614.751.80$624
Mar 2020019030.341.86$353
Feb 2020016849.881.98$333
Jan 2020047557.252.09$995
Dec 2019034959.012.30$804
Nov 2019043455.302.75$1,194
Oct 20198344553.472.42$5,514
Sep 2019034855.052.66$925
Aug 2019043053.112.30$991
Jul 2019042656.272.46$1,048
Jun 2019026552.782.49$660
May 2019036158.482.74$989
Apr 2019039462.632.75$1,084
Mar 2019247156.803.06$1,556
Feb 2019048850.852.79$1,363
Jan 2019060946.033.23$1,966
Dec 2018063346.594.19$2,649
Nov 2018078152.934.24$3,309
Oct 2018048161.443.40$1,634
Sep 2018282559.543.11$2,683
Aug 2018038159.403.07$1,168
Jul 2018362565.142.93$2,028
Jun 2018493360.183.08$3,111
May 201843065.382.90$349
Apr 2018356763.842.90$1,836
Mar 2018452661.222.79$1,711
Feb 2018549861.782.77$1,686
Jan 2018582862.874.01$3,634
Dec 2017229257.272.92$968
Nov 2017574055.423.12$2,585
Oct 20171094849.292.98$3,321
Sep 201781,55747.523.09$5,187
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 201675048.763.72$3,657
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 20151173944.662.98$2,691
Jan 2015597243.433.10$3,231
Dec 201491,03454.693.59$4,206
Nov 2014097270.464.25$4,133
Oct 201451,10078.303.90$4,683
Sep 201491,05086.164.05$5,023
Aug 201421,07789.394.04$4,525
Jul 201491,02396.564.18$5,145
Jun 2014592898.164.74$4,887
May 2014196294.734.73$4,642
Apr 201418199895.944.81$22,165
Mar 2014575695.895.06$4,302
Feb 201431,01397.406.19$6,565
Jan 201411,12690.404.86$5,564
Dec 201381,09991.824.35$5,520
Nov 2013399388.853.74$3,979
Oct 201361,25197.423.78$5,313
Sep 201351,004104.113.72$4,253
Aug 201381,195104.253.52$5,044
Jul 201331,288102.523.72$5,096
Jun 201331,02994.403.93$4,331
May 2013371994.834.15$3,268
Apr 2013871593.964.28$3,814
Mar 2013497893.623.91$4,201
Feb 2013674891.233.42$3,105
Jan 2013598491.603.42$3,823
Dec 201261,61386.773.42$6,037
Nov 201241,20486.953.62$4,712
Oct 201281,78489.383.40$6,780
Sep 20121861,96094.672.92$23,329
Aug 2012122,09392.662.91$7,199
Jul 2012172,24185.133.02$8,217
Jun 2012192,23279.822.52$7,139
May 2012192,29091.612.49$7,439
Apr 2012192,302101.652.00$6,528
Mar 2012192,017105.052.22$6,478
Feb 2012202,250101.102.57$7,805
Jan 2012102,16498.092.73$6,897
Dec 201151,24996.873.24$4,531
Nov 2011141,86195.723.31$7,502
Oct 201192,03884.983.65$8,201
Sep 2011112,05683.623.99$9,115
Aug 201161,72683.404.15$7,662
Jul 201161,74994.144.52$8,465
Jun 2011141,86892.904.64$9,968
May 20111992,22798.134.40$29,337
Apr 2011192,397105.964.33$12,400
Mar 2011141,82796.364.06$8,762
Feb 2011162,82985.644.18$13,195
Jan 2011232,88086.504.59$15,205
Dec 2010222,91985.734.35$14,577
Nov 2010242,88780.843.80$12,897
Oct 2010243,01378.103.51$12,447
Sep 2010182,98372.633.98$13,178
Aug 2010183,08173.684.42$14,942
Jul 2010113,06472.554.74$15,311
Jun 2010122,98870.364.91$15,517
May 2010133,18071.124.24$14,393
Apr 2010203,13781.694.12$14,567
Mar 2010203,31378.394.39$16,107
Feb 2010183,04773.585.44$17,907
Jan 2010213,31774.365.96$21,344
Dec 200932,80671.445.48$15,602
Nov 200962,26074.593.75$8,926
Oct 200992,28372.544.11$10,037
Sep 200992,29765.543.06$7,630
Aug 2009102,25567.423.22$7,932
Jul 2009122,27361.133.46$8,608
Jun 200971,92466.163.90$7,957
May 200972,52054.743.93$10,276
Apr 20091462,27046.773.59$14,972
Mar 2009263,67942.144.06$16,029
Feb 2009112,72332.814.63$12,977
Jan 2009122,79135.865.37$15,421
Dec 2008193,24837.105.98$20,119
Nov 200843,76155.496.86$26,024
Oct 20081832,79475.246.92$33,109
Sep 2008103,181101.767.88$26,075
Aug 2008153,801114.228.48$33,957
Jul 2008314,315131.0811.39$53,209
Jun 2008414,408131.3313.03$62,832
May 2008264,874123.1711.57$59,616
Apr 2008244,633110.3110.45$51,085
Mar 2008485,046101.909.66$53,656
Feb 2008354,59392.538.77$43,522
Jan 2008344,39190.388.21$39,104
Dec 2007274,61988.337.30$36,113
Nov 20072285,72391.677.29$62,631
Oct 2007446,11482.856.92$45,966
Sep 2007445,68175.846.24$38,810
Aug 2007516,07069.066.39$42,297
Jul 2007476,02470.906.39$41,813
Jun 2007325,30562.007.55$42,029
May 20072276,53458.747.85$64,602
Apr 2007304,48859.617.81$36,818
Mar 2007245,63056.927.30$42,476
Feb 2007225,73055.108.22$48,290
Jan 2007477,33350.306.73$51,692
Dec 2006327,78556.656.92$55,673
Nov 2006377,26554.207.62$57,346
Oct 2006697,56354.906.01$49,270
Sep 2006787,91260.085.04$44,541
Aug 20062888,18368.717.34$79,851
Jul 20061018,99669.376.34$64,066
Jun 20061097,91066.286.38$57,721
May 20061109,66266.016.42$69,339
Apr 200631610,34364.397.36$96,477
Mar 200611811,36356.707.08$87,174
Feb 200614211,04457.597.75$93,781
Jan 200616113,26560.598.93$128,255
Dec 200528614,03954.9413.42$204,052
Nov 200535815,38754.6910.59$182,503
Oct 200531815,83058.3413.80$236,939
Sep 200529111,96161.4512.08$162,359
Aug 2005114,62761.519.80$46,007
Jul 20052119,88455.697.84$89,277
Jun 20054010,04852.337.38$76,258
May 200519910,41845.226.65$78,291
Apr 200522811,03749.207.36$92,455
Mar 200522414,55850.377.15$115,444
Feb 200527814,51045.226.31$104,157
Jan 200526317,22843.166.32$120,270
Dec 20049419,63239.866.75$136,284
Nov 200421822,42245.286.33$151,812
Oct 200449725,20549.706.52$188,914
Sep 200420633,31843.245.28$184,956
Aug 200439520,79942.375.55$132,184
Jul 20041117,79038.286.08$108,659
Jun 200437228,15536.106.43$194,551
May 200418341,46837.486.49$276,176
Apr 2004029,84634.475.86$174,852

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.

Jan 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.53 =         $0
Gas                   45 Mcf  × $  3.39 =       $152

────────────────────────────────────────────────────
Month total                                     $152

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/201514 is the state's own key, not one this site invented.