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 232395District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Oct 2007 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
224
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 Gas112008-06-16183199
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
CondensateDisposition3,344 bbl$283,251
GasProduction983,341 Mcf$4,795,019
Total$5,078,270

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 35.7181, -100.3819. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.71813, -100.38185 · 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
12,700 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 12,700 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-211338852212,700 ftOct 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 (224)

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

224 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202607663.503.75$285
Jan 2026024459.138.00$1,951
Dec 2025011556.664.41$508
Nov 202501958.593.93$75
Oct 20250059.383.30$0
Sep 20250162.743.08$3
Aug 202503363.933.01$99
Jul 202501966.743.32$63
Jun 2025010166.483.13$316
May 2025010460.553.23$336
Apr 2025031562.363.54$1,116
Mar 2025036867.704.27$1,571
Feb 2025037070.884.34$1,606
Jan 2025038374.324.28$1,639
Dec 2024039568.993.12$1,233
Nov 2024039769.052.20$873
Oct 2024036871.372.28$840
Sep 2024023569.612.36$556
Aug 2024029775.632.06$613
Jul 2024023879.932.15$511
Jun 202406078.082.63$158
May 202408178.812.20$178
Apr 202408884.451.66$146
Mar 202405980.301.55$91
Feb 202409876.091.78$175
Jan 2024019273.023.30$633
Dec 202307171.262.61$185
Nov 202306377.892.81$177
Oct 2023106285.443.09$1,046
Sep 202306389.042.74$172
Aug 202307380.522.67$195
Jul 202309774.852.64$256
Jun 202305968.962.26$133
May 202308270.622.23$183
Apr 202308378.122.24$186
Mar 202309072.852.39$215
Feb 202306775.112.47$165
Jan 2023026276.533.39$888
Dec 2022012176.415.73$693
Nov 2022015185.005.65$853
Oct 2022023887.185.86$1,396
Sep 2022038184.888.16$3,110
Aug 2022036594.529.13$3,331
Jul 2022064101.587.54$483
Jun 20220159115.097.98$1,268
May 20220238109.378.43$2,007
Apr 20220218104.226.84$1,491
Mar 20220224108.885.08$1,137
Feb 2022012691.054.86$612
Jan 2022018881.844.54$853
Dec 2021012671.323.90$491
Nov 2021021677.435.24$1,131
Oct 2021023079.795.71$1,314
Sep 2021054869.865.35$2,932
Aug 2021025266.024.22$1,064
Jul 2021021970.783.98$872
Jun 2021054269.493.38$1,832
May 2021067063.483.02$2,022
Apr 2021040660.362.76$1,120
Mar 2021055961.302.72$1,519
Feb 2021043457.805.55$2,408
Jan 2021057350.412.81$1,610
Dec 2020058144.642.68$1,554
Nov 2020057338.772.71$1,551
Oct 2020055236.972.48$1,368
Sep 2020037837.091.99$753
Aug 2020058239.982.39$1,388
Jul 2020052438.371.83$956
Jun 2020061134.901.69$1,033
May 2020053716.921.81$975
Apr 2020059814.751.80$1,079
Mar 2020063430.341.86$1,177
Feb 2020058949.881.98$1,167
Jan 2020066957.252.09$1,401
Dec 2019062659.012.30$1,443
Nov 2019061955.302.75$1,703
Oct 2019057153.472.42$1,381
Sep 2019059755.052.66$1,586
Aug 2019050053.112.30$1,152
Jul 20197836956.272.46$5,297
Jun 2019039852.782.49$992
May 201904258.482.74$115
Apr 2019021762.632.75$597
Mar 2019139956.803.06$1,279
Feb 2019055550.852.79$1,550
Jan 2019060746.033.23$1,960
Dec 2018042846.594.19$1,791
Nov 2018036452.934.24$1,542
Oct 2018062861.443.40$2,134
Sep 2018160259.543.11$1,931
Aug 2018062259.403.07$1,907
Jul 2018278365.142.93$2,426
Jun 2018262760.183.08$2,050
May 201876765.382.90$652
Apr 201841,01463.842.90$3,197
Mar 2018495161.222.79$2,895
Feb 2018248761.782.77$1,471
Jan 2018294262.874.01$3,903
Dec 2017170257.272.92$2,108
Nov 2017192055.423.12$2,924
Oct 2017292049.292.98$2,844
Sep 2017394247.523.09$3,051
Aug 201731,07545.373.00$3,366
Jul 2017173243.873.09$2,304
Jun 2017177342.493.09$2,429
May 2017283145.373.26$2,803
Apr 2017299347.933.21$3,285
Mar 2017199946.772.98$3,027
Feb 201731,02450.452.95$3,175
Jan 201731,25349.413.42$4,432
Dec 20161141,25148.763.72$10,216
Nov 201661,38342.492.64$3,912
Oct 201651,48146.193.09$4,808
Sep 201651,27941.553.10$4,173
Aug 2016131,60041.442.92$5,218
Jul 201691,57841.622.92$4,989
Jun 201621,55145.352.69$4,256
May 201611,46742.521.99$2,963
Apr 201621,71636.561.99$3,490
Mar 2016121,79433.011.79$3,615
Feb 201641,61126.472.06$3,430
Jan 201651,86227.352.36$4,539
Dec 201521,52332.362.00$3,113
Nov 201521,79538.792.17$3,968
Oct 201581,82543.552.43$4,777
Sep 201501,85642.992.76$5,120
Aug 201521,80540.162.87$5,265
Jul 2015101,71448.152.95$5,529
Jun 201511,68256.152.88$4,905
May 201541,81855.212.96$5,594
Apr 201511,73449.822.71$4,743
Mar 201531,86242.892.93$5,593
Feb 201531,46644.662.98$4,497
Jan 201511,75843.433.10$5,494
Dec 201451,70554.693.59$6,397
Nov 201401,77670.464.25$7,551
Oct 201451,61278.303.90$6,680
Sep 201491,58186.164.05$7,171
Aug 201441,84489.394.04$7,798
Jul 2014131,94196.564.18$9,368
Jun 201491,89998.164.74$9,879
May 201421,98494.734.73$9,567
Apr 201452,11395.944.81$10,641
Mar 201491,98895.895.06$10,916
Feb 201452,22897.406.19$14,283
Jan 201432,20890.404.86$11,004
Dec 2013122,12791.824.35$10,364
Nov 201322,31488.853.74$8,828
Oct 201331,74697.423.78$6,891
Sep 201341,446104.113.72$5,792
Aug 201371,386104.253.52$5,612
Jul 201341,398102.523.72$5,607
Jun 201341,26894.403.93$5,365
May 20131741,32894.834.15$22,010
Apr 2013171,33893.964.28$7,327
Mar 201351,51793.623.91$6,404
Feb 2013797991.233.42$3,987
Jan 201371,26091.603.42$4,950
Dec 2012151,08686.773.42$5,016
Nov 2012191,41986.953.62$6,796
Oct 2012141,72789.383.40$7,123
Sep 201281,80394.672.92$6,019
Aug 2012151,82592.662.91$6,697
Jul 2012201,87385.133.02$7,361
Jun 2012161,95779.822.52$6,207
May 2012141,97591.612.49$6,197
Apr 2012151,828101.652.00$5,175
Mar 2012101,855105.052.22$5,172
Feb 2012121,931101.102.57$6,176
Jan 2012212,20698.092.73$8,091
Dec 2011162,12896.873.24$8,444
Nov 2011241,92195.723.31$8,658
Oct 2011112,05984.983.65$8,447
Sep 2011131,92683.623.99$8,764
Aug 2011121,64383.404.15$7,818
Jul 2011102,39294.144.52$11,747
Jun 2011182,29492.904.64$12,316
May 2011232,89798.134.40$15,018
Apr 2011252,806105.964.33$14,808
Mar 2011192,55296.364.06$12,185
Feb 2011122,62185.644.18$11,983
Jan 2011153,40186.504.59$16,904
Dec 2010174,00785.734.35$18,879
Nov 2010193,69580.843.80$15,560
Oct 2010224,01578.103.51$15,806
Sep 2010184,05072.633.98$17,424
Aug 2010194,12673.684.42$19,634
Jul 2010114,27072.554.74$21,023
Jun 2010144,38470.364.91$22,512
May 2010124,63671.124.24$20,488
Apr 2010134,80281.694.12$20,859
Mar 2010105,13278.394.39$23,307
Feb 201085,68373.585.44$31,518
Jan 2010135,29374.365.96$32,535
Dec 200946,41971.445.48$35,486
Nov 2009166,88874.593.75$27,034
Oct 2009177,06172.544.11$30,256
Sep 200917389,28565.543.06$1,194,175
Aug 2009287,05567.423.22$24,594
Jul 2009517,30161.133.46$28,412
Jun 20091907,22266.163.90$40,700
May 2009187,58454.743.93$30,758
Apr 2009148,35246.773.59$30,618
Mar 2009148,92542.144.06$36,817
Feb 200988,18132.814.63$38,165
Jan 2009119,34835.865.37$50,603
Dec 20081910,07337.105.98$60,913
Nov 2008810,85655.496.86$74,920
Oct 200816411,13475.246.92$89,409
Sep 20083211,395101.767.88$93,016
Aug 20081612,480114.228.48$107,696
Jul 20082413,297131.0811.39$154,591
Jun 20086413,747131.3313.03$187,565
May 20086715,800123.1711.57$191,126
Apr 20088317,013110.3110.45$187,024
Mar 200816519,433101.909.66$204,615
Feb 200814422,52292.538.77$210,855
Jan 200819827,86690.388.21$246,556
Dec 200738831,06688.337.30$261,115
Nov 200736555,30391.677.29$436,712
Oct 200709,13782.856.92$63,246

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                   76 Mcf  × $  3.75 =       $285

────────────────────────────────────────────────────
Month total                                     $285

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/232395 is the state's own key, not one this site invented.