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 220056District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Jul 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
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 Gas112007-10-30172099
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
CondensateDisposition4,516 bbl$302,506
GasProduction541,852 Mcf$3,191,480
Total$3,493,985

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 35.7371, -100.3968. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73709, -100.39680 · 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
Jul 2006
1 of 1 wells

1 well

42-21133534147012,800 ftJul 2006

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 (239)

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

239 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 20200014.751.80$0
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 20190062.632.75$0
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 20185661.222.79$323
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
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 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 201401,09495.944.81$5,261
Mar 201433,15995.895.06$16,262
Feb 201433,36997.406.19$21,153
Jan 201433,85390.404.86$19,000
Dec 201333,16891.824.35$14,070
Nov 201323,22488.853.74$12,230
Oct 201303,04897.423.78$11,519
Sep 201303,231104.113.72$12,012
Aug 201303,437104.253.52$12,107
Jul 201303,389102.523.72$12,599
Jun 201301,83294.403.93$7,206
May 201303,61494.834.15$14,995
Apr 201303,67193.964.28$15,721
Mar 201303,65493.623.91$14,298
Feb 201303,39991.233.42$11,624
Jan 201303,66691.603.42$12,537
Dec 201203,78486.773.42$12,942
Nov 201203,67686.953.62$13,325
Oct 201203,74789.383.40$12,739
Sep 201203,48494.672.92$10,168
Aug 201203,57792.662.91$10,402
Jul 201203,52085.133.02$10,633
Jun 201203,48379.822.52$8,774
May 201203,46991.612.49$8,632
Apr 201203,063101.652.00$6,116
Mar 201202,337105.052.22$5,193
Feb 201202,632101.102.57$6,765
Jan 201203,14298.092.73$8,590
Dec 201103,00396.873.24$9,729
Nov 201102,64595.723.31$8,758
Oct 201103,04584.983.65$11,110
Sep 201103,36983.623.99$13,428
Aug 201103,25883.404.15$13,518
Jul 201104,60494.144.52$20,797
Jun 201104,37692.904.64$20,304
May 201104,70598.134.40$20,725
Apr 201104,366105.964.33$18,919
Mar 201103,62596.364.06$14,708
Feb 201102,78085.644.18$11,620
Jan 201104,13886.504.59$18,988
Dec 201004,07185.734.35$17,700
Nov 201003,95280.843.80$14,999
Oct 201004,02778.103.51$14,130
Sep 201003,99172.633.98$15,882
Aug 201004,09573.684.42$18,097
Jul 20101914,22572.554.74$33,869
Jun 201004,05670.364.91$19,917
May 201004,18871.124.24$17,737
Apr 201004,09981.694.12$16,899
Mar 201004,25178.394.39$18,656
Feb 20101983,97273.585.44$36,186
Jan 201004,31674.365.96$25,741
Dec 200904,05071.445.48$22,209
Nov 200903,98774.593.75$14,957
Oct 200904,06572.544.11$16,708
Sep 200904,03465.543.06$12,363
Aug 200904,46467.423.22$14,367
Jul 200904,50861.133.46$15,618
Jun 200904,63466.163.90$18,049
May 200905,22854.743.93$20,524
Apr 200905,20746.773.59$18,680
Mar 200905,47442.144.06$22,219
Feb 200905,18332.814.63$24,013
Jan 200905,19035.865.37$27,875
Dec 200805,29337.105.98$31,637
Nov 200805,72855.496.86$39,296
Oct 200806,31275.246.92$43,692
Sep 200805,854101.767.88$46,112
Aug 200805,943114.228.48$50,415
Jul 200805,070131.0811.39$57,744
Jun 200805,755131.3313.03$75,003
May 200806,312123.1711.57$73,057
Apr 200806,247110.3110.45$65,312
Mar 200806,759101.909.66$65,319
Feb 20081916,70192.538.77$76,445
Jan 20081847,71090.388.21$79,896
Dec 200706,44788.337.30$47,076
Nov 20071926,73791.677.29$66,725
Oct 20071998,32482.856.92$74,106
Sep 20071819,14775.846.24$70,842
Aug 200717510,15569.066.39$76,955
Jul 200719710,35770.906.39$80,127
Jun 200719810,74262.007.55$93,361
May 200720211,56158.747.85$102,576
Apr 200720211,06459.617.81$98,398
Mar 2007011,73256.927.30$85,667
Feb 20074029,53455.108.22$100,482
Jan 2007012,07450.306.73$81,220
Dec 200640213,91956.656.92$119,071
Nov 200620114,70754.207.62$122,924
Oct 200639519,44554.906.01$138,624
Sep 200639525,89960.085.04$154,190
Aug 200638832,76668.717.34$267,159
Jul 200603,64569.376.34$23,119

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 2018 — as filed, then multipliedworked
Condensate             5 bbl  × $ 61.22 =       $306
Gas                    6 Mcf  × $  2.79 =        $17

────────────────────────────────────────────────────
Month total                                     $323

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/220056 is the state's own key, not one this site invented.