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 233141District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Nov 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
223
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 Gas112008-05-12182363
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
CondensateDisposition4,658 bbl$356,993
GasProduction738,100 Mcf$4,141,777
Total$4,498,770

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 35.7277, -100.3642. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72773, -100.36418 · 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
Nov 2007
1 of 1 wells

1 well

42-21133987216812,800 ftNov 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 (223)

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

223 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 202506362.363.54$223
Mar 2025016167.704.27$687
Feb 2025013570.884.34$586
Jan 2025013774.324.28$586
Dec 2024015168.993.12$471
Nov 2024016569.052.20$363
Oct 2024015071.372.28$342
Sep 2024015469.612.36$364
Aug 202408175.632.06$167
Jul 2024011279.932.15$240
Jun 2024014578.082.63$382
May 2024013678.812.20$299
Apr 2024013584.451.66$224
Mar 2024013180.301.55$202
Feb 2024010176.091.78$180
Jan 2024010973.023.30$359
Dec 2023014271.262.61$371
Nov 2023012377.892.81$345
Oct 2023014385.443.09$441
Sep 2023013589.042.74$369
Aug 2023014480.522.67$385
Jul 2023013874.852.64$365
Jun 2023012768.962.26$287
May 2023014170.622.23$314
Apr 2023015778.122.24$351
Mar 2023014372.852.39$342
Feb 2023013275.112.47$325
Jan 2023013276.533.39$447
Dec 2022013976.415.73$796
Nov 2022015585.005.65$875
Oct 2022015387.185.86$897
Sep 2022015684.888.16$1,274
Aug 2022313994.529.13$1,552
Jul 20220171101.587.54$1,290
Jun 20220144115.097.98$1,149
May 20220136109.378.43$1,147
Apr 20220154104.226.84$1,053
Mar 20220156108.885.08$792
Feb 2022013691.054.86$661
Jan 2022016681.844.54$753
Dec 2021017271.323.90$671
Nov 2021018877.435.24$985
Oct 2021021079.795.71$1,200
Sep 2021022569.865.35$1,204
Aug 2021031666.024.22$1,334
Jul 2021030970.783.98$1,230
Jun 2021544769.493.38$1,859
May 2021444263.483.02$1,588
Apr 2021242260.362.76$1,285
Mar 2021356461.302.72$1,716
Feb 2021112457.805.55$746
Jan 2021446650.412.81$1,511
Dec 2020455444.642.68$1,661
Nov 2020559238.772.71$1,796
Oct 2020165136.972.48$1,650
Sep 2020234537.091.99$761
Aug 2020886939.982.39$2,392
Jul 2020898538.371.83$2,105
Jun 2020191,06234.901.69$2,458
May 2020191,37016.921.81$2,808
Apr 20200014.751.80$0
Mar 202081,01130.341.86$2,119
Feb 202081,04949.881.98$2,477
Jan 2020141,24457.252.09$3,407
Dec 2019231,93659.012.30$5,818
Nov 2019412,21655.302.75$8,363
Oct 2019452,33653.472.42$8,056
Sep 2019332,25355.052.66$7,804
Aug 2019402,33653.112.30$7,507
Jul 2019162,28956.272.46$6,531
Jun 2019241,64452.782.49$5,362
May 2019381,43258.482.74$6,146
Apr 2019262,20162.632.75$7,683
Mar 2019262,11156.803.06$7,941
Feb 2019412,08750.852.79$7,912
Jan 2019252,34946.033.23$8,734
Dec 2018312,32346.594.19$11,167
Nov 2018402,28752.934.24$11,808
Oct 2018182,34561.443.40$9,074
Sep 2018242,21259.543.11$8,304
Aug 2018162,26059.403.07$7,881
Jul 2018482,30965.142.93$9,896
Jun 2018122,24560.183.08$7,630
May 2018172,31965.382.90$7,838
Apr 2018152,25563.842.90$7,499
Mar 2018252,29861.222.79$7,935
Feb 2018251,69861.782.77$6,241
Jan 2018211,84762.874.01$8,725
Dec 2017172,41857.272.92$8,038
Nov 2017132,21555.423.12$7,628
Oct 20171592,30049.292.98$14,700
Sep 2017242,36847.523.09$8,451
Aug 2017102,53145.373.00$8,058
Jul 2017132,53243.873.09$8,387
Jun 2017102,32842.493.09$7,612
May 2017132,37545.373.26$8,340
Apr 201782,28047.933.21$7,706
Mar 2017132,34346.772.98$7,599
Feb 2017132,10250.452.95$6,862
Jan 201762,36449.413.42$8,379
Dec 2016122,68248.763.72$10,570
Nov 2016172,31942.492.64$6,855
Oct 2016162,41346.193.09$8,196
Sep 20162032,38641.553.10$15,833
Aug 2016162,41141.442.92$7,714
Jul 2016212,42941.622.92$7,977
Jun 20161849745.352.69$2,151
May 2016232,21542.521.99$5,388
Apr 2016192,12736.561.99$4,930
Mar 201622,11833.011.79$3,866
Feb 2016401,88326.472.06$4,945
Jan 2016351,83927.352.36$5,305
Dec 2015352,33932.362.00$5,814
Nov 2015272,34438.792.17$6,128
Oct 20152131,84643.552.43$13,756
Sep 2015261,67642.992.76$5,741
Aug 201591,51740.162.87$4,719
Jul 201531,46548.152.95$4,459
Jun 201541,51956.152.88$4,604
May 201591,66455.212.96$5,415
Apr 201551,81549.822.71$5,162
Mar 201512,02642.892.93$5,989
Feb 201512,26444.662.98$6,783
Jan 201551,93643.433.10$6,220
Dec 20141021,98554.693.59$12,707
Nov 201462,31070.464.25$10,245
Oct 201472,43878.303.90$10,059
Sep 201471,31986.164.05$5,939
Aug 2014102,52189.394.04$11,066
Jul 2014182,71396.564.18$13,077
Jun 2014202,58098.164.74$14,184
May 2014292,60094.734.73$15,036
Apr 2014212,51195.944.81$14,090
Mar 20142102,77995.895.06$34,190
Feb 2014122,92597.406.19$19,280
Jan 20141226190.404.86$2,353
Dec 2013313,98391.824.35$20,190
Nov 2013363,06588.853.74$14,656
Oct 201303,04697.423.78$11,512
Sep 201302,927104.113.72$10,882
Aug 201303,232104.253.52$11,385
Jul 201303,351102.523.72$12,458
Jun 20131873,28694.403.93$30,578
May 201303,10394.834.15$12,875
Apr 201303,27893.964.28$14,038
Mar 201303,19693.623.91$12,506
Feb 201302,65391.233.42$9,073
Jan 201302,92791.603.42$10,010
Dec 201203,22186.773.42$11,016
Nov 201202,65586.953.62$9,624
Oct 201202,95589.383.40$10,046
Sep 201202,87594.672.92$8,390
Aug 20121952,58692.662.91$25,589
Jul 201203,14985.133.02$9,513
Jun 201203,14979.822.52$7,932
May 201203,19291.612.49$7,943
Apr 201203,159101.652.00$6,308
Mar 201202,834105.052.22$6,297
Feb 201203,054101.102.57$7,850
Jan 201203,00398.092.73$8,210
Dec 2011091596.873.24$2,964
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201101,53492.904.64$7,118
May 201104,63998.134.40$20,434
Apr 201105,761105.964.33$24,964
Mar 201104,52496.364.06$18,355
Feb 201104,69885.644.18$19,638
Jan 201104,77686.504.59$21,916
Dec 201005,94085.734.35$25,826
Nov 201005,93180.843.80$22,510
Oct 201005,17478.103.51$18,155
Sep 201005,57472.633.98$22,182
Aug 201006,12073.684.42$27,046
Jul 201006,27072.554.74$29,698
Jun 201005,48770.364.91$26,943
May 201005,96771.124.24$25,272
Apr 201006,04481.694.12$24,918
Mar 20101966,58678.394.39$44,268
Feb 201006,57073.585.44$35,756
Jan 201007,32974.365.96$43,711
Dec 200907,45971.445.48$40,903
Nov 200907,20074.593.75$27,011
Oct 200907,75472.544.11$31,871
Sep 200907,72865.543.06$23,684
Aug 200908,78867.423.22$28,284
Jul 200908,92161.133.46$30,907
Jun 200908,93566.163.90$34,802
May 200909,36954.743.93$36,780
Apr 200909,58546.773.59$34,386
Mar 2009010,00342.144.06$40,602
Feb 200908,97632.814.63$41,586
Jan 200909,90035.865.37$53,173
Dec 200818610,52837.105.98$69,828
Nov 2008010,10155.496.86$69,297
Oct 2008010,83875.246.92$75,020
Sep 2008012,126101.767.88$95,518
Aug 2008012,420114.228.48$105,359
Jul 200819111,305131.0811.39$153,794
Jun 200819214,585131.3313.03$215,296
May 200817718,290123.1711.57$233,495
Apr 200818919,907110.3110.45$228,973
Mar 200819622,710101.909.66$239,443
Feb 200819723,85692.538.77$227,459
Jan 200819231,52290.388.21$276,014
Dec 200719239,78488.337.30$307,461
Nov 2007048,23191.677.29$351,686

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.

Apr 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.36 =         $0
Gas                   63 Mcf  × $  3.54 =       $223

────────────────────────────────────────────────────
Month total                                     $223

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/233141 is the state's own key, not one this site invented.