HOBART RANCH 50

Name: HOBART RANCH 50 lease production and value, Nov 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TECOLOTE ENERGY OPERATING, LLC (P-5 841419) 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 205476District 10Field 403112002 tax incentive programmesCondensateGasSave Export

Value, all time

$9.0 M

Nov 2004 – Mar 2019

Value, last 12 filed months

$28 k

at the published price for each month

Months reported

173

no gaps in the span

Streams

condensate, gas

The HEMPHILL (GRANITE WASH.) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2005-05-24	160672
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3,674 bbl	$205,837
Gas	Production	1,432,861 Mcf	$8,792,750
Total			$8,998,587

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 35.7175, -100.3967. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.71751, -100.39673 · 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

12,800 ft

1 wells filed one

Completion to plug

13.9 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 12,800 ft.

Completions filed

Nov 2004

1 of 1 wells

Plug dates filed

Oct 2018

1 of 1 wells

Last completion to plug: a median of 13.9 years across the 1 well that filed both dates, with the middle half between 13.9 years and 13.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21132992	11	12,800 ft	Nov 2004	Oct 2018	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 (173)

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

173 months


Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	14	0	46.03	3.23	$644
Dec 2018	65	0	46.59	4.19	$3,028
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	1	2	59.54	3.11	$66
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	1	1,225	65.14	2.93	$3,657
Jun 2018	1	3,150	60.18	3.08	$9,752
May 2018	6	141	65.38	2.90	$801
Apr 2018	8	3,125	63.84	2.90	$9,576
Mar 2018	10	3,419	61.22	2.79	$10,140
Feb 2018	3	3,061	61.78	2.77	$8,652
Jan 2018	4	3,343	62.87	4.01	$13,655
Dec 2017	3	3,088	57.27	2.92	$9,193
Nov 2017	5	3,385	55.42	3.12	$10,833
Oct 2017	5	3,478	49.29	2.98	$10,624
Sep 2017	6	3,460	47.52	3.09	$10,967
Aug 2017	7	3,616	45.37	3.00	$11,182
Jul 2017	4	3,634	43.87	3.09	$11,395
Jun 2017	3	3,565	42.49	3.09	$11,134
May 2017	10	3,768	45.37	3.26	$12,750
Apr 2017	8	3,692	47.93	3.21	$12,241
Mar 2017	4	3,724	46.77	2.98	$11,298
Feb 2017	9	3,418	50.45	2.95	$10,546
Jan 2017	8	3,458	49.41	3.42	$12,217
Dec 2016	0	3,437	48.76	3.72	$12,795
Nov 2016	0	3,442	42.49	2.64	$9,102
Oct 2016	0	3,548	46.19	3.09	$10,964
Sep 2016	0	3,613	41.55	3.10	$11,203
Aug 2016	0	3,738	41.44	2.92	$10,931
Jul 2016	0	4,151	41.62	2.92	$12,139
Jun 2016	0	3,516	45.35	2.69	$9,443
May 2016	0	3,747	42.52	1.99	$7,460
Apr 2016	0	4,006	36.56	1.99	$7,976
Mar 2016	0	3,974	33.01	1.79	$7,129
Feb 2016	0	4,007	26.47	2.06	$8,269
Jan 2016	0	3,990	27.35	2.36	$9,434
Dec 2015	0	3,428	32.36	2.00	$6,861
Nov 2015	0	3,896	38.79	2.17	$8,444
Oct 2015	0	4,138	43.55	2.43	$10,041
Sep 2015	0	3,970	42.99	2.76	$10,951
Aug 2015	0	3,855	40.16	2.87	$11,073
Jul 2015	0	3,978	48.15	2.95	$11,716
Jun 2015	0	3,915	56.15	2.88	$11,286
May 2015	0	4,231	55.21	2.96	$12,505
Apr 2015	0	4,080	49.82	2.71	$11,043
Mar 2015	0	4,649	42.89	2.93	$13,643
Feb 2015	0	3,438	44.66	2.98	$10,232
Jan 2015	0	4,303	43.43	3.10	$13,342
Dec 2014	0	4,252	54.69	3.59	$15,270
Nov 2014	0	4,231	70.46	4.25	$17,990
Oct 2014	0	4,419	78.30	3.90	$17,238
Sep 2014	0	3,925	86.16	4.05	$15,878
Aug 2014	0	4,395	89.39	4.04	$17,734
Jul 2014	0	4,520	96.56	4.18	$18,892
Jun 2014	0	4,448	98.16	4.74	$21,070
May 2014	0	4,760	94.73	4.73	$22,498
Apr 2014	0	4,634	95.94	4.81	$22,285
Mar 2014	0	4,810	95.89	5.06	$24,323
Feb 2014	0	4,148	97.40	6.19	$25,684
Jan 2014	0	4,643	90.40	4.86	$22,568
Dec 2013	181	4,229	91.82	4.35	$35,035
Nov 2013	0	4,913	88.85	3.74	$18,366
Oct 2013	0	5,088	97.42	3.78	$19,229
Sep 2013	0	4,981	104.11	3.72	$18,518
Aug 2013	0	5,232	104.25	3.52	$18,430
Jul 2013	0	5,146	102.52	3.72	$19,131
Jun 2013	0	5,055	94.40	3.93	$19,883
May 2013	0	4,939	94.83	4.15	$20,492
Apr 2013	0	5,122	93.96	4.28	$21,935
Mar 2013	0	5,371	93.62	3.91	$21,016
Feb 2013	0	4,942	91.23	3.42	$16,901
Jan 2013	0	5,256	91.60	3.42	$17,975
Dec 2012	0	5,170	86.77	3.42	$17,682
Nov 2012	0	4,892	86.95	3.62	$17,733
Oct 2012	0	5,534	89.38	3.40	$18,814
Sep 2012	181	5,440	94.67	2.92	$33,011
Aug 2012	0	5,655	92.66	2.91	$16,446
Jul 2012	0	5,693	85.13	3.02	$17,197
Jun 2012	0	5,674	79.82	2.52	$14,293
May 2012	0	5,982	91.61	2.49	$14,885
Apr 2012	0	5,826	101.65	2.00	$11,633
Mar 2012	0	5,396	105.05	2.22	$11,990
Feb 2012	0	5,209	101.10	2.57	$13,388
Jan 2012	0	5,801	98.09	2.73	$15,860
Dec 2011	0	5,894	96.87	3.24	$19,095
Nov 2011	0	5,299	95.72	3.31	$17,546
Oct 2011	0	5,800	84.98	3.65	$21,162
Sep 2011	0	5,718	83.62	3.99	$22,791
Aug 2011	0	5,855	83.40	4.15	$24,294
Jul 2011	0	6,090	94.14	4.52	$27,510
Jun 2011	0	5,962	92.90	4.64	$27,663
May 2011	0	6,293	98.13	4.40	$27,720
Apr 2011	0	6,220	105.96	4.33	$26,953
Mar 2011	0	6,348	96.36	4.06	$25,756
Feb 2011	0	5,366	85.64	4.18	$22,430
Jan 2011	0	5,960	86.50	4.59	$27,349
Dec 2010	0	6,677	85.73	4.35	$29,030
Nov 2010	0	6,494	80.84	3.80	$24,647
Oct 2010	0	6,648	78.10	3.51	$23,327
Sep 2010	0	6,495	72.63	3.98	$25,847
Aug 2010	0	6,813	73.68	4.42	$30,109
Jul 2010	0	7,005	72.55	4.74	$33,179
Jun 2010	0	6,912	70.36	4.91	$33,941
May 2010	0	7,074	71.12	4.24	$29,960
Apr 2010	0	6,287	81.69	4.12	$25,919
Mar 2010	0	7,015	78.39	4.39	$30,787
Feb 2010	0	6,149	73.58	5.44	$33,465
Jan 2010	0	7,378	74.36	5.96	$44,003
Dec 2009	0	7,749	71.44	5.48	$42,494
Nov 2009	0	7,703	74.59	3.75	$28,898
Oct 2009	0	7,545	72.54	4.11	$31,012
Sep 2009	0	7,431	65.54	3.06	$22,774
Aug 2009	0	7,803	67.42	3.22	$25,114
Jul 2009	0	7,563	61.13	3.46	$26,202
Jun 2009	0	7,372	66.16	3.90	$28,714
May 2009	0	7,757	54.74	3.93	$30,452
Apr 2009	0	7,598	46.77	3.59	$27,258
Mar 2009	0	8,259	42.14	4.06	$33,523
Feb 2009	0	7,557	32.81	4.63	$35,012
Jan 2009	0	8,357	35.86	5.37	$44,885
Dec 2008	174	8,029	37.10	5.98	$54,446
Nov 2008	0	7,777	55.49	6.86	$53,353
Oct 2008	0	8,065	75.24	6.92	$55,826
Sep 2008	0	7,836	101.76	7.88	$61,725
Aug 2008	0	8,145	114.22	8.48	$69,094
Jul 2008	0	8,179	131.08	11.39	$93,154
Jun 2008	0	8,066	131.33	13.03	$105,121
May 2008	0	8,509	123.17	11.57	$98,486
Apr 2008	0	8,297	110.31	10.45	$86,744
Mar 2008	0	9,073	101.90	9.66	$87,682
Feb 2008	0	8,722	92.53	8.77	$76,497
Jan 2008	0	9,570	90.38	8.21	$78,529
Dec 2007	0	9,793	88.33	7.30	$71,508
Nov 2007	0	9,588	91.67	7.29	$69,913
Oct 2007	0	10,276	82.85	6.92	$71,130
Sep 2007	0	10,148	75.84	6.24	$63,366
Aug 2007	0	10,820	69.06	6.39	$69,118
Jul 2007	185	11,142	70.90	6.39	$84,291
Jun 2007	0	11,019	62.00	7.55	$83,176
May 2007	0	12,003	58.74	7.85	$94,179
Apr 2007	0	9,701	59.61	7.81	$75,718
Mar 2007	0	11,650	56.92	7.30	$85,068
Feb 2007	0	11,036	55.10	8.22	$90,672
Jan 2007	0	12,389	50.30	6.73	$83,339
Dec 2006	0	12,874	56.65	6.92	$89,068
Nov 2006	0	13,063	54.20	7.62	$99,507
Oct 2006	0	13,794	54.90	6.01	$82,954
Sep 2006	184	13,891	60.08	5.04	$81,026
Aug 2006	0	15,070	68.71	7.34	$110,613
Jul 2006	0	15,671	69.37	6.34	$99,397
Jun 2006	180	15,746	66.28	6.38	$112,451
May 2006	0	16,153	66.01	6.42	$103,783
Apr 2006	0	16,061	64.39	7.36	$118,217
Mar 2006	0	17,578	56.70	7.08	$124,504
Feb 2006	0	16,279	57.59	7.75	$126,180
Jan 2006	182	18,760	60.59	8.93	$178,616
Dec 2005	0	19,101	54.94	13.42	$256,248
Nov 2005	179	20,137	54.69	10.59	$223,008
Oct 2005	0	21,058	58.34	13.80	$290,511
Sep 2005	189	20,209	61.45	12.08	$255,719
Aug 2005	170	22,337	61.51	9.80	$229,289
Jul 2005	192	24,466	55.69	7.84	$202,595
Jun 2005	0	26,000	52.33	7.38	$191,907
May 2005	173	30,250	45.22	6.65	$209,021
Apr 2005	394	32,614	49.20	7.36	$259,439
Mar 2005	187	39,797	50.37	7.15	$294,162
Feb 2005	0	39,749	45.22	6.31	$250,893
Jan 2005	187	36,764	43.16	6.32	$240,500
Dec 2004	551	77,955	39.86	6.75	$548,243
Nov 2004	0	30,672	45.28	6.33	$194,167

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 2019 — as filed, then multipliedworked

Condensate            14 bbl  × $ 46.03 =       $644
Gas                    0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                     $644

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/205476 is the state's own key, not one this site invented.