HOBART RANCH

Operated by BCE-MACH III LLC (P-5 40209) 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 212021District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Aug 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
250
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 Gas112007-03-01171221
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
CondensateDisposition5,449 bbl$355,838
GasProduction619,316 Mcf$3,695,098
Total$4,050,936

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 35.7490, -100.3832. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.74903, -100.38317 · 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
12,800 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 12,800 ft.

Completions filed
Sep 2005
1 of 1 wells

1 well

42-21133268127012,800 ftSep 2005

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 (250)

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

250 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 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020101114.751.80$167
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20195662.632.75$330
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20171157.272.92$60
Nov 20174455.423.12$234
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 2017198547.933.21$3,211
Mar 201792,98446.772.98$9,324
Feb 201702,71250.452.95$8,007
Jan 201723,14949.413.42$10,865
Dec 201622,65448.763.72$9,978
Nov 201643,01842.492.64$8,151
Oct 201603,05446.193.09$9,438
Sep 201602,90541.553.10$9,007
Aug 201602,96341.442.92$8,665
Jul 201643,03341.622.92$9,036
Jun 201603,24145.352.69$8,705
May 201673,60242.521.99$7,469
Apr 201602,60436.561.99$5,185
Mar 201613,31133.011.79$5,973
Feb 201693,42626.472.06$7,308
Jan 201682,52927.352.36$6,198
Dec 2015143,20232.362.00$6,862
Nov 201563,18738.792.17$7,140
Oct 201583,34343.552.43$8,460
Sep 201553,24642.992.76$9,169
Aug 201543,55540.162.87$10,372
Jul 201503,74448.152.95$11,026
Jun 201543,59356.152.88$10,583
May 201503,83655.212.96$11,337
Apr 201543,58749.822.71$9,908
Mar 201543,74442.892.93$11,159
Feb 201533,36044.662.98$10,134
Jan 201542,95143.433.10$9,324
Dec 201402,35554.693.59$8,458
Nov 201432,70270.464.25$11,700
Oct 201433,53478.303.90$14,021
Sep 201423,40686.164.05$13,951
Aug 201433,50289.394.04$14,399
Jul 201463,59496.564.18$15,601
Jun 201453,43998.164.74$16,781
May 201453,57194.734.73$17,352
Apr 201443,56695.944.81$17,533
Mar 201453,61095.895.06$18,735
Feb 201441,84897.406.19$11,832
Jan 201462,29290.404.86$11,683
Dec 201372,78491.824.35$12,766
Nov 201363,17388.853.74$12,395
Oct 201303,19797.423.78$12,083
Sep 201303,502104.113.72$13,020
Aug 20131523,587104.253.52$28,482
Jul 201303,118102.523.72$11,592
Jun 201302,06694.403.93$8,126
May 201304,05094.834.15$16,804
Apr 201304,02893.964.28$17,250
Mar 201304,23093.623.91$16,551
Feb 201303,51491.233.42$12,018
Jan 201303,39691.603.42$11,614
Dec 201202,11386.773.42$7,227
Nov 201202,32186.953.62$8,414
Oct 201202,57889.383.40$8,764
Sep 201202,66194.672.92$7,766
Aug 201202,90992.662.91$8,460
Jul 201203,04485.133.02$9,195
Jun 201203,32879.822.52$8,383
May 201203,18191.612.49$7,915
Apr 201203,298101.652.00$6,585
Mar 201202,721105.052.22$6,046
Feb 201203,339101.102.57$8,582
Jan 201204,25298.092.73$11,625
Dec 201104,21196.873.24$13,643
Nov 201103,78095.723.31$12,517
Oct 201104,31284.983.65$15,733
Sep 201104,12283.623.99$16,429
Aug 201104,51783.404.15$18,742
Jul 201102,66894.144.52$12,052
Jun 201102,79092.904.64$12,945
May 201103,85998.134.40$16,998
Apr 201104,363105.964.33$18,906
Mar 201104,16996.364.06$16,915
Feb 201104,06485.644.18$16,987
Jan 201104,33386.504.59$19,883
Dec 201004,46085.734.35$19,391
Nov 201004,49280.843.80$17,049
Oct 201004,68178.103.51$16,425
Sep 201004,50072.633.98$17,908
Aug 201004,33773.684.42$19,167
Jul 201004,30572.554.74$20,391
Jun 201004,28870.364.91$21,056
May 201004,20071.124.24$17,788
Apr 201004,37981.694.12$18,053
Mar 201004,54478.394.39$19,942
Feb 201003,88273.585.44$21,127
Jan 201003,83774.365.96$22,884
Dec 200903,82271.445.48$20,959
Nov 200904,18574.593.75$15,700
Oct 200904,15372.544.11$17,070
Sep 200903,85865.543.06$11,824
Aug 200903,69967.423.22$11,905
Jul 200903,08961.133.46$10,702
Jun 200902,17366.163.90$8,464
May 200902,18054.743.93$8,558
Apr 20091852,16846.773.59$16,430
Mar 200902,16542.144.06$8,788
Feb 200902,04232.814.63$9,461
Jan 200902,18635.865.37$11,741
Dec 200802,06337.105.98$12,331
Nov 200802,23755.496.86$15,347
Oct 200802,49075.246.92$17,236
Sep 200802,478101.767.88$19,519
Aug 200802,695114.228.48$22,862
Jul 200802,778131.0811.39$31,640
Jun 200802,787131.3313.03$36,322
May 200802,853123.1711.57$33,021
Apr 200802,768110.3110.45$28,939
Mar 200802,903101.909.66$28,055
Feb 200802,97192.538.77$26,057
Jan 200803,25790.388.21$26,726
Dec 20071873,15888.337.30$39,577
Nov 20073923,46891.677.29$61,222
Oct 20071974,10382.856.92$44,722
Sep 20071994,21175.846.24$41,386
Aug 200704,78369.066.39$30,554
Jul 20071955,25870.906.39$47,413
Jun 20075756,26562.007.55$82,941
May 20073936,91858.747.85$77,365
Apr 20072046,80259.617.81$65,251
Mar 200706,63656.927.30$48,456
Feb 200704,92155.108.22$40,431
Jan 20071926,20450.306.73$51,391
Dec 20062017,43056.656.92$62,791
Nov 20062006,76354.207.62$62,357
Oct 20064017,09654.906.01$64,689
Sep 20063978,59460.085.04$67,141
Aug 20061999,47068.717.34$83,182
Jul 200619910,13169.376.34$78,063
Jun 20061969,99266.286.38$76,779
May 2006010,98666.016.42$70,585
Apr 2006011,03464.397.36$81,216
Mar 2006010,72456.707.08$75,957
Feb 20062036,96157.597.75$65,646
Jan 2006010,79860.598.93$96,462
Dec 2005013,29954.9413.42$178,411
Nov 200520214,99854.6910.59$169,852
Oct 200519819,04958.3413.80$274,347
Sep 2005022,65761.4512.08$273,674
Aug 200508,16561.519.80$79,991

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 2020 — as filed, then multipliedworked
Condensate            10 bbl  × $ 14.75 =       $148
Gas                   11 Mcf  × $  1.80 =        $20

────────────────────────────────────────────────────
Month total                                     $167

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/212021 is the state's own key, not one this site invented.