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 229415District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Jun 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
228
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 Gas112008-02-27179507
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
CondensateDisposition7,291 bbl$522,579
GasProduction889,731 Mcf$5,063,181
Total$5,585,760

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 35.7256, -100.3789. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72561, -100.37893 · 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
Jun 2007
1 of 1 wells

1 well

42-21133726186812,800 ftJun 2007

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 (228)

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

228 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 2021027461.302.72$744
Feb 2021031257.805.55$1,731
Jan 2021049550.412.81$1,391
Dec 2020160544.642.68$1,663
Nov 2020348938.772.71$1,440
Oct 2020157136.972.48$1,452
Sep 2020178037.091.99$1,590
Aug 2020293239.982.39$2,303
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202001,11230.341.86$2,064
Feb 2020058249.881.98$1,153
Jan 202001,33057.252.09$2,786
Dec 201901,43259.012.30$3,300
Nov 201901,52755.302.75$4,200
Oct 201901,75853.472.42$4,252
Sep 2019902,08655.052.66$10,498
Aug 20191342,24753.112.30$12,295
Jul 2019542,18756.272.46$8,419
Jun 20191502,29052.782.49$13,622
May 20191301,89258.482.74$12,787
Apr 201901,77762.632.75$4,888
Mar 2019661,75656.803.06$9,126
Feb 20191031,77950.852.79$10,205
Jan 2019571,95846.033.23$8,944
Dec 2018791,96946.594.19$11,922
Nov 2018951,96052.934.24$13,333
Oct 2018441,93961.443.40$9,292
Sep 2018652,00759.543.11$10,108
Aug 2018462,01459.403.07$8,908
Jul 20181322,00965.142.93$14,489
Jun 2018332,01560.183.08$8,186
May 2018432,15065.382.90$9,048
Apr 2018452,08063.842.90$8,906
Mar 2018702,18561.222.79$10,375
Feb 2018832,06761.782.77$10,845
Jan 2018461,93362.874.01$10,642
Dec 2017331,94057.272.92$7,558
Nov 2017251,69155.423.12$6,659
Oct 2017902,17149.292.98$10,914
Sep 2017552,09147.523.09$9,069
Aug 2017211,90245.373.00$6,667
Jul 20172031,83543.873.09$14,571
Jun 2017282,19242.493.09$7,957
May 201732,19445.373.26$7,296
Apr 2017312,13747.933.21$8,349
Mar 2017592,32946.772.98$9,708
Feb 201731,51150.452.95$4,613
Jan 201711,46849.413.42$5,068
Dec 201631,58648.763.72$6,051
Nov 2016101,69242.492.64$4,899
Oct 201631,86146.193.09$5,890
Sep 201631,84641.553.10$5,848
Aug 201622,02241.442.92$5,996
Jul 2016122,02241.622.92$6,412
Jun 20161822,01245.352.69$13,658
May 2016292,17342.521.99$5,560
Apr 201602,08936.561.99$4,159
Mar 201652,19433.011.79$4,101
Feb 2016102,04526.472.06$4,485
Jan 2016122,35727.352.36$5,901
Dec 201572,24832.362.00$4,726
Nov 201552,48238.792.17$5,573
Oct 201562,30143.552.43$5,845
Sep 201562,23042.992.76$6,409
Aug 20151912,39040.162.87$14,536
Jul 201522,42248.152.95$7,229
Jun 201582,34156.152.88$7,198
May 201502,56655.212.96$7,584
Apr 201502,60949.822.71$7,061
Mar 201522,40442.892.93$7,141
Feb 201503,10144.662.98$9,229
Jan 201502,59843.433.10$8,055
Dec 201402,71954.693.59$9,765
Nov 201422,84170.464.25$12,220
Oct 201413,30478.303.90$12,967
Sep 201403,22286.164.05$13,034
Aug 20141853,33189.394.04$29,978
Jul 201423,39196.564.18$14,366
Jun 201413,23398.164.74$15,412
May 201413,37394.734.73$16,037
Apr 201413,29595.944.81$15,942
Mar 201433,47495.895.06$17,855
Feb 201423,15097.406.19$19,700
Jan 20141923,68890.404.86$35,283
Dec 201393,65591.824.35$16,742
Nov 201393,45188.853.74$13,700
Oct 201303,11897.423.78$11,784
Sep 201303,718104.113.72$13,823
Aug 201304,059104.253.52$14,298
Jul 201304,049102.523.72$15,053
Jun 20131923,81694.403.93$33,135
May 201303,99294.834.15$16,563
Apr 201303,83093.964.28$16,402
Mar 201303,96893.623.91$15,526
Feb 201303,79791.233.42$12,985
Jan 201303,98691.603.42$13,632
Dec 201203,76986.773.42$12,891
Nov 20121953,24386.953.62$28,711
Oct 201203,40489.383.40$11,573
Sep 201203,21694.672.92$9,386
Aug 201202,63392.662.91$7,657
Jul 201202,78985.133.02$8,425
Jun 201202,76879.822.52$6,973
May 201202,95591.612.49$7,353
Apr 201202,945101.652.00$5,881
Mar 201202,762105.052.22$6,137
Feb 20121992,768101.102.57$27,233
Jan 201202,25898.092.73$6,174
Dec 201103,31996.873.24$10,753
Nov 201104,02095.723.31$13,311
Oct 201104,24584.983.65$15,488
Sep 20111974,17383.623.99$33,106
Aug 201104,50883.404.15$18,705
Jul 201104,64594.144.52$20,983
Jun 201104,65692.904.64$21,603
May 201104,79898.134.40$21,134
Apr 201104,748105.964.33$20,574
Mar 201104,57496.364.06$18,558
Feb 201104,63985.644.18$19,391
Jan 201105,14286.504.59$23,596
Dec 201005,37785.734.35$23,378
Nov 20101925,54780.843.80$36,574
Oct 201005,76878.103.51$20,239
Sep 201005,99872.633.98$23,869
Aug 201006,34473.684.42$28,036
Jul 201006,51472.554.74$30,854
Jun 20101846,37070.364.91$44,225
May 201006,63671.124.24$28,105
Apr 201006,74681.694.12$27,812
Mar 201007,07178.394.39$31,032
Feb 201006,39173.585.44$34,782
Jan 20101977,00674.365.96$56,433
Dec 200907,23971.445.48$39,697
Nov 200907,33574.593.75$27,517
Oct 200907,82272.544.11$32,150
Sep 200907,87865.543.06$24,144
Aug 200908,05967.423.22$25,938
Jul 20091918,11161.133.46$39,776
Jun 200908,29766.163.90$32,317
May 200908,89954.743.93$34,935
Apr 200909,05846.773.59$32,496
Mar 200909,94742.144.06$40,375
Feb 20091958,94832.814.63$47,854
Jan 2009010,52235.865.37$56,514
Dec 200819711,19937.105.98$74,247
Nov 2008011,07955.496.86$76,006
Oct 2008011,74875.246.92$81,319
Sep 200819413,171101.767.88$123,491
Aug 2008014,960114.228.48$126,906
Jul 200819616,058131.0811.39$208,583
Jun 200818716,520131.3313.03$239,858
May 2008018,761123.1711.57$217,145
Apr 2008019,629110.3110.45$205,218
Mar 200819119,777101.909.66$210,589
Feb 2008018,19692.538.77$159,589
Jan 200819018,52590.388.21$169,183
Dec 2007017,18188.337.30$125,455
Nov 200718618,63391.677.29$152,917
Oct 200719923,41882.856.92$178,586
Sep 200718727,68575.846.24$187,052
Aug 200739436,47069.066.39$260,178
Jul 200739749,00170.906.39$341,163
Jun 2007044,84962.007.55$338,540

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 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.30 =         $0
Gas                  274 Mcf  × $  2.72 =       $744

────────────────────────────────────────────────────
Month total                                     $744

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/229415 is the state's own key, not one this site invented.