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 223469District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.8 M
Oct 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
236
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 Gas112007-05-17174916
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
CondensateDisposition11,331 bbl$802,653
GasProduction1,146,284 Mcf$5,978,866
Total$6,781,519

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 35.7096, -100.3945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.70963, -100.39452 · 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
12,880 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 12,880 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-211333731812,880 ftOct 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 (236)

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

236 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 2025125367.704.27$8,475
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 202401269.612.36$28
Aug 20241075.632.06$76
Jul 20242079.932.15$160
Jun 202411778.082.63$123
May 202414678.812.20$180
Apr 202425684.451.66$262
Mar 2024217180.301.55$425
Feb 2024562576.091.78$1,495
Jan 202421,00873.023.30$3,470
Dec 2023355171.262.61$1,652
Nov 2023492977.892.81$2,920
Oct 2023392385.443.09$3,106
Sep 2023195089.042.74$2,687
Aug 2023282480.522.67$2,363
Jul 202331,04774.852.64$2,991
Jun 2023478268.962.26$2,042
May 202351,12870.622.23$2,866
Apr 2023498778.122.24$2,521
Mar 202321,25172.852.39$3,140
Feb 202301,43875.112.47$3,546
Jan 202361,36876.533.39$5,094
Dec 202241,46176.415.73$8,676
Nov 202221,13785.005.65$6,590
Oct 202241,16787.185.86$7,192
Sep 202251,64984.888.16$13,886
Aug 202221,32894.529.13$12,310
Jul 202241,445101.587.54$11,305
Jun 202291,163115.097.98$10,313
May 202291,489109.378.43$13,541
Apr 2022211,236104.226.84$10,640
Mar 20221311,453108.885.08$21,639
Feb 202261,42891.054.86$7,485
Jan 2022141,48381.844.54$7,875
Dec 202121,31771.323.90$5,278
Nov 2021101,54977.435.24$8,886
Oct 2021101,77379.795.71$10,929
Sep 202101,86869.865.35$9,996
Aug 2021122,25566.024.22$10,310
Jul 202122,41670.783.98$9,762
Jun 2021152,69669.493.38$10,157
May 2021192,50963.483.02$8,777
Apr 2021782,39160.362.76$11,303
Mar 202152,67561.302.72$7,574
Feb 202151,78157.805.55$10,170
Jan 202192,76750.412.81$8,230
Dec 202042,61544.642.68$7,175
Nov 202032,70038.772.71$7,424
Oct 202052,84136.972.48$7,226
Sep 202022,49737.091.99$5,046
Aug 202022,30439.982.39$5,575
Jul 202032,68138.371.83$5,008
Jun 202032,42734.901.69$4,207
May 20201872,77716.921.81$8,204
Apr 202012,74514.751.80$4,968
Mar 202012,92430.341.86$5,458
Feb 202032,48849.881.98$5,078
Jan 202043,01257.252.09$6,538
Dec 2019103,01259.012.30$7,531
Nov 201972,99455.302.75$8,623
Oct 201962,86953.472.42$7,260
Sep 201962,88355.052.66$7,991
Aug 201933,21953.112.30$7,577
Jul 201973,14756.272.46$8,136
Jun 201902,93752.782.49$7,317
May 201902,77358.482.74$7,599
Apr 201902,58062.632.75$7,097
Mar 20191812,77956.803.06$18,790
Feb 201902,14450.852.79$5,987
Jan 201902,83746.033.23$9,158
Dec 201802,83346.594.19$11,857
Nov 201803,07152.934.24$13,013
Oct 201803,32961.443.40$11,312
Sep 201883,55859.543.11$11,535
Aug 201803,59359.403.07$11,018
Jul 201813,56065.142.93$10,503
Jun 201824,01560.183.08$12,474
May 20181412765.382.90$1,284
Apr 2018133,28263.842.90$10,350
Mar 2018173,14961.222.79$9,817
Feb 2018162,58861.782.77$8,147
Jan 2018162,03962.874.01$9,181
Dec 201762,41857.272.92$7,408
Nov 2017133,31355.423.12$11,052
Oct 2017133,28449.292.98$10,439
Sep 2017133,37847.523.09$11,047
Aug 2017183,58145.373.00$11,575
Jul 2017153,79543.873.09$12,374
Jun 201763,59042.493.09$11,338
May 2017193,61545.373.26$12,659
Apr 20171873,44747.933.21$20,033
Mar 201763,58846.772.98$10,986
Feb 2017123,28750.452.95$10,311
Jan 201783,45449.413.42$12,204
Dec 2016213,42148.763.72$13,760
Nov 2016193,77742.492.64$10,795
Oct 2016343,85346.193.09$13,477
Sep 2016133,71941.553.10$12,071
Aug 2016263,90841.442.92$12,506
Jul 2016113,78941.622.92$11,538
Jun 2016163,39245.352.69$9,836
May 2016123,41842.521.99$7,316
Apr 201643,48236.561.99$7,079
Mar 2016193,65833.011.79$7,190
Feb 2016163,65226.472.06$7,960
Jan 2016323,92527.352.36$10,155
Dec 201524,32332.362.00$8,717
Nov 201553,70238.792.17$8,217
Oct 201554,12943.552.43$10,237
Sep 201523,88542.992.76$10,802
Aug 201584,01240.162.87$11,846
Jul 2015233,35548.152.95$10,988
Jun 2015213,67556.152.88$11,774
May 2015153,99055.212.96$12,620
Apr 2015224,04649.822.71$12,047
Mar 2015364,55742.892.93$14,918
Feb 2015133,59644.662.98$11,283
Jan 201584,48543.433.10$14,254
Dec 2014214,47954.693.59$17,234
Nov 201404,16170.464.25$17,692
Oct 2014154,05678.303.90$16,997
Sep 2014234,03086.164.05$18,285
Aug 201494,59789.394.04$19,354
Jul 2014324,64896.564.18$22,517
Jun 2014164,36398.164.74$22,238
May 201434,68694.734.73$22,433
Apr 2014104,27595.944.81$21,518
Mar 2014224,92395.895.06$27,004
Feb 2014284,36297.406.19$29,737
Jan 2014154,84490.404.86$24,901
Dec 2013735,11891.824.35$28,989
Nov 2013115,10488.853.74$20,058
Oct 2013295,00497.423.78$21,737
Sep 2013274,889104.113.72$20,987
Aug 2013385,049104.253.52$21,747
Jul 2013335,029102.523.72$22,080
Jun 2013344,76594.403.93$21,952
May 2013334,89594.834.15$23,439
Apr 2013644,62693.964.28$25,825
Mar 2013365,01793.623.91$23,001
Feb 2013584,51191.233.42$20,719
Jan 2013575,12791.603.42$22,755
Dec 20121205,07186.773.42$27,756
Nov 2012765,04386.953.62$24,889
Oct 2012184,58089.383.40$17,179
Sep 2012104,10494.672.92$12,924
Aug 2012163,88392.662.91$12,775
Jul 2012103,57785.133.02$11,657
Jun 201273,44279.822.52$9,229
May 201293,33891.612.49$9,131
Apr 2012113,012101.652.00$7,133
Mar 2012182,456105.052.22$7,348
Feb 2012192,976101.102.57$9,570
Jan 201219693198.092.73$21,771
Dec 201148896.873.24$673
Nov 20112466695.723.31$4,503
Oct 2011365,43284.983.65$22,878
Sep 2011787,43183.623.99$36,141
Aug 2011385,10183.404.15$24,335
Jul 2011195,78194.144.52$27,903
Jun 20112335,51492.904.64$47,230
May 2011425,20398.134.40$27,040
Apr 2011415,090105.964.33$26,401
Mar 2011324,29596.364.06$20,510
Feb 2011344,99685.644.18$23,795
Jan 20112296,55386.504.59$49,879
Dec 2010354,39185.734.35$22,092
Nov 2010506,99680.843.80$30,594
Oct 2010598,12178.103.51$33,104
Sep 2010458,06272.633.98$35,351
Aug 2010508,19073.684.42$39,879
Jul 20102207,82572.554.74$53,024
Jun 2010426,55170.364.91$35,123
May 2010518,92371.124.24$41,418
Apr 2010589,39581.694.12$43,471
Mar 20102278,37278.394.39$54,536
Feb 2010357,98573.585.44$46,033
Jan 2010376,97274.365.96$44,333
Dec 200978,69371.445.48$48,170
Nov 2009308,14674.593.75$32,797
Oct 2009638,76372.544.11$40,588
Sep 20092539,88565.543.06$46,877
Aug 200921210,70467.423.22$48,744
Jul 200925910,57161.133.46$52,456
Jun 200925510,52166.163.90$57,850
May 20095810,55654.743.93$44,615
Apr 20092409,88146.773.59$46,673
Mar 20095210,97442.144.06$46,735
Feb 20092198,89832.814.63$48,410
Jan 2009338,42735.865.37$46,445
Dec 2008498,93837.105.98$55,242
Nov 2008189,19055.496.86$64,046
Oct 2008389,74375.246.92$70,300
Sep 20082719,467101.767.88$102,149
Aug 2008569,681114.228.48$88,520
Jul 2008569,552131.0811.39$116,132
Jun 20082429,200131.3313.03$151,682
May 20083610,319123.1711.57$123,869
Apr 2008379,134110.3110.45$99,576
Mar 200827610,897101.909.66$133,434
Feb 20087710,31292.538.77$97,567
Jan 20087111,64190.388.21$101,940
Dec 20075912,28488.337.30$94,909
Nov 200711111,51691.677.29$94,147
Oct 200711214,27882.856.92$108,111
Sep 200713014,64275.846.24$101,286
Aug 200714616,11469.066.39$113,018
Jul 200714017,26870.906.39$120,233
Jun 200728318,13462.007.55$154,430
May 200734920,18258.747.85$178,854
Apr 200716616,38559.617.81$137,783
Mar 200739125,86956.927.30$211,150
Feb 200717927,26355.108.22$233,856
Jan 200728534,64550.306.73$247,387
Dec 200663839,83856.656.92$311,760
Nov 200666150,24454.207.62$418,559
Oct 20067724554.906.01$5,701

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 2025 — as filed, then multipliedworked
Condensate           125 bbl  × $ 67.70 =     $8,463
Gas                    3 Mcf  × $  4.27 =        $13

────────────────────────────────────────────────────
Month total                                   $8,475

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/223469 is the state's own key, not one this site invented.