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 229474District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Jun 2007 – May 2026
Value, last 12 filed months
$107 k
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 Gas112007-12-07179106
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
CondensateDisposition6,298 bbl$485,873
GasProduction1,318,957 Mcf$6,839,013
Total$7,324,887

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 35.7278, -100.3782. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72782, -100.37825 · 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
12,805 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 12,805 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-21133865196812,805 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 202602,353106.413.05$7,167
Apr 202602,59698.932.87$7,450
Mar 202601,90789.753.15$6,006
Feb 202602,08363.503.75$7,812
Jan 202602,46259.138.00$19,691
Dec 202502,45956.664.41$10,852
Nov 202502,52358.593.93$9,906
Oct 202502,27559.383.30$7,519
Sep 202502,41162.743.08$7,418
Aug 202502,58463.933.01$7,790
Jul 202502,43366.743.32$8,066
Jun 202502,35466.483.13$7,365
May 202502,44260.553.23$7,893
Apr 202502,28162.363.54$8,082
Mar 202502,50267.704.27$10,679
Feb 202502,84370.884.34$12,341
Jan 2025069674.324.28$2,978
Dec 202402,44268.993.12$7,622
Nov 202402,37969.052.20$5,230
Oct 202402,52471.372.28$5,758
Sep 202402,54769.612.36$6,022
Aug 202402,22275.632.06$4,585
Jul 202402,23979.932.15$4,806
Jun 202402,55078.082.63$6,717
May 202402,64978.812.20$5,824
Apr 202402,52884.451.66$4,194
Mar 202402,64380.301.55$4,084
Feb 202402,47976.091.78$4,422
Jan 202402,59873.023.30$8,567
Dec 202302,72171.262.61$7,104
Nov 202302,75677.892.81$7,738
Oct 202302,80385.443.09$8,654
Sep 202302,61889.042.74$7,160
Aug 202302,77180.522.67$7,407
Jul 202302,68774.852.64$7,099
Jun 202302,59468.962.26$5,859
May 202302,75370.622.23$6,132
Apr 202302,62478.122.24$5,872
Mar 202352,63572.852.39$6,670
Feb 202302,21675.112.47$5,464
Jan 202302,65876.533.39$9,005
Dec 202202,45876.415.73$14,082
Nov 202202,45785.005.65$13,873
Oct 202202,78387.185.86$16,319
Sep 202202,75584.888.16$22,491
Aug 202202,72794.529.13$24,890
Jul 202202,823101.587.54$21,291
Jun 202202,689115.097.98$21,451
May 202202,692109.378.43$22,702
Apr 202202,554104.226.84$17,463
Mar 202202,667108.885.08$13,539
Feb 202202,35191.054.86$11,423
Jan 202202,75781.844.54$12,510
Dec 202102,69171.323.90$10,493
Nov 202102,62677.435.24$13,752
Oct 202102,84679.795.71$16,262
Sep 202102,69569.865.35$14,421
Aug 202102,78566.024.22$11,754
Jul 202102,96170.783.98$11,791
Jun 2021133,08069.493.38$11,316
May 202193,04463.483.02$9,757
Apr 202162,98260.362.76$8,588
Mar 2021113,00661.302.72$8,841
Feb 202152,78857.805.55$15,757
Jan 2021162,89250.412.81$8,934
Dec 2020392,94544.642.68$9,620
Nov 2020382,88238.772.71$9,274
Oct 2020253,04536.972.48$8,471
Sep 2020182,79837.091.99$6,239
Aug 2020162,91639.982.39$7,595
Jul 202002,94338.371.83$5,371
Jun 2020232,90934.901.69$5,720
May 2020213,12216.921.81$6,021
Apr 202031,77114.751.80$3,240
Mar 2020232,46130.341.86$5,266
Feb 2020232,60749.881.98$6,311
Jan 2020222,77757.252.09$7,077
Dec 2019162,77759.012.30$7,343
Nov 2019212,76055.302.75$8,753
Oct 2019242,91953.472.42$8,343
Sep 2019182,85855.052.66$8,585
Aug 2019212,90953.112.30$7,819
Jul 201992,96756.272.46$7,805
Jun 2019162,89552.782.49$8,057
May 2019172,93258.482.74$9,029
Apr 201982,29362.632.75$6,808
Mar 2019122,80856.803.06$9,280
Feb 2019182,68450.852.79$8,410
Jan 2019113,04346.033.23$10,330
Dec 2018163,05846.594.19$13,545
Nov 2018213,11752.934.24$14,319
Oct 2018103,20061.443.40$11,488
Sep 2018143,14359.543.11$10,602
Aug 201893,28059.403.07$10,593
Jul 2018273,20865.142.93$11,164
Jun 201853,39360.183.08$10,741
May 201873,44265.382.90$10,442
Apr 201883,29563.842.90$10,069
Mar 2018123,37061.222.79$10,126
Feb 2018133,07861.782.77$9,317
Jan 2018103,82462.874.01$15,960
Dec 201793,56257.272.92$10,922
Nov 201763,50555.423.12$11,262
Oct 201763,60449.292.98$11,049
Sep 2017113,51247.523.09$11,365
Aug 201763,52445.373.00$10,860
Jul 201783,52243.873.09$11,224
Jun 201763,36542.493.09$10,644
May 201783,56645.373.26$12,000
Apr 201763,47547.933.21$11,448
Mar 201793,57446.772.98$11,085
Feb 2017113,24650.452.95$10,139
Jan 201743,56349.413.42$12,379
Dec 201663,60748.763.72$13,721
Nov 2016123,51442.492.64$9,802
Oct 2016123,66446.193.09$11,877
Sep 2016123,53641.553.10$11,462
Aug 2016103,72541.442.92$11,308
Jul 2016113,76241.622.92$11,459
Jun 2016123,78245.352.69$10,702
May 2016163,94742.521.99$8,539
Apr 2016143,74936.561.99$7,976
Mar 201614,07133.011.79$7,336
Feb 2016223,79226.472.06$8,408
Jan 2016203,90927.352.36$9,789
Dec 2015213,95532.362.00$8,595
Nov 2015153,97738.792.17$9,201
Oct 2015204,37043.552.43$11,475
Sep 2015104,35142.992.76$12,432
Aug 2015114,56640.162.87$13,558
Jul 201564,61448.152.95$13,878
Jun 201584,41556.152.88$13,177
May 2015184,70055.212.96$14,884
Apr 201573,19449.822.71$8,994
Mar 201585,50442.892.93$16,496
Feb 201574,64744.662.98$14,143
Jan 201574,67143.433.10$14,787
Dec 2014183,60254.693.59$13,921
Nov 201444,23270.464.25$18,276
Oct 2014104,05878.303.90$16,613
Sep 2014135,28986.164.05$22,516
Aug 2014155,47089.394.04$23,413
Jul 2014305,49996.564.18$25,880
Jun 2014295,20398.164.74$27,493
May 2014365,38894.734.73$28,877
Apr 2014315,06695.944.81$27,337
Mar 2014425,44495.895.06$31,557
Feb 2014375,48497.406.19$37,561
Jan 2014545,64790.404.86$32,330
Dec 2013595,04291.824.35$27,373
Nov 2013565,01388.853.74$23,716
Oct 201304,38197.423.78$16,557
Sep 201303,955104.113.72$14,704
Aug 201304,053104.253.52$14,277
Jul 201304,366102.523.72$16,232
Jun 201304,14794.403.93$16,312
May 201304,53094.834.15$18,795
Apr 201304,42793.964.28$18,959
Mar 201304,71493.623.91$18,445
Feb 2013593,64391.233.42$17,841
Jan 201305,53491.603.42$18,926
Dec 201204,94286.773.42$16,902
Nov 201204,90886.953.62$17,791
Oct 201204,78089.383.40$16,250
Sep 201204,58794.672.92$13,387
Aug 201204,50992.662.91$13,113
Jul 201204,53585.133.02$13,699
Jun 201204,58379.822.52$11,545
May 201204,83991.612.49$12,041
Apr 201204,286101.652.00$8,558
Mar 201204,749105.052.22$10,553
Feb 201204,020101.102.57$10,332
Jan 201205,29498.092.73$14,474
Dec 201104,24196.873.24$13,740
Nov 201103,28195.723.31$10,864
Oct 20112005,11984.983.65$35,673
Sep 201104,64183.623.99$18,498
Aug 201105,15283.404.15$21,377
Jul 201105,50694.144.52$24,872
Jun 201105,41192.904.64$25,106
May 201105,57498.134.40$24,552
Apr 201105,454105.964.33$23,634
Mar 201105,26496.364.06$21,358
Feb 201105,62885.644.18$23,525
Jan 201105,53486.504.59$25,394
Dec 20101985,96185.734.35$42,891
Nov 201006,17680.843.80$23,440
Oct 201006,34078.103.51$22,246
Sep 201006,05272.633.98$24,084
Aug 201006,51773.684.42$28,801
Jul 201006,87872.554.74$32,578
Jun 20101967,00970.364.91$48,208
May 201007,33471.124.24$31,061
Apr 201007,32781.694.12$30,207
Mar 201007,76778.394.39$34,087
Feb 201007,18273.585.44$39,087
Jan 20101997,83174.365.96$61,502
Dec 200908,24971.445.48$45,235
Nov 200908,76474.593.75$32,878
Oct 200909,24972.544.11$38,016
Sep 200909,32565.543.06$28,579
Aug 200909,79967.423.22$31,538
Jul 20091869,40361.133.46$43,947
Jun 200909,57766.163.90$37,302
May 2009011,15654.743.93$43,796
Apr 2009011,40946.773.59$40,930
Mar 2009011,76042.144.06$47,734
Feb 200919111,17732.814.63$58,050
Jan 2009012,36935.865.37$66,434
Dec 2008212,98437.105.98$77,681
Nov 2008013,33355.496.86$91,469
Oct 200817814,64375.246.92$114,751
Sep 200818815,661101.767.88$142,494
Aug 2008017,652114.228.48$149,742
Jul 200818418,572131.0811.39$235,643
Jun 2008019,976131.3313.03$260,340
May 200818522,171123.1711.57$279,400
Apr 200818816,721110.3110.45$195,554
Mar 200819122,824101.909.66$240,036
Feb 2008020,75992.538.77$182,068
Jan 200818923,25690.388.21$207,914
Dec 200719321,20888.337.30$171,908
Nov 200719124,17391.677.29$193,771
Oct 200740029,67482.856.92$238,543
Sep 200719933,18875.846.24$222,323
Aug 200759043,77069.066.39$320,346
Jul 200772260,43870.906.39$437,264
Jun 2007038,90162.007.55$293,642

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                2,353 Mcf  × $  3.05 =     $7,167

────────────────────────────────────────────────────
Month total                                   $7,167

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/229474 is the state's own key, not one this site invented.