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 234466District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Aug 2007 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
226
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 Gas112008-06-10182864
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
CondensateDisposition4,491 bbl$339,194
GasProduction823,921 Mcf$4,368,349
Total$4,707,543

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 35.7244, -100.3642. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72438, -100.36420 · 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
Aug 2007
1 of 1 wells

1 well

42-21133916206812,800 ftAug 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 (226)

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

226 months

May 20260257106.413.05$783
Apr 2026030698.932.87$878
Mar 2026019389.753.15$608
Feb 2026019763.503.75$739
Jan 2026025759.138.00$2,055
Dec 2025023356.664.41$1,028
Nov 2025025558.593.93$1,001
Oct 2025024259.383.30$800
Sep 2025023762.743.08$729
Aug 2025018963.933.01$570
Jul 2025016166.743.32$534
Jun 2025017466.483.13$544
May 2025022860.553.23$737
Apr 2025023862.363.54$843
Mar 2025021867.704.27$930
Feb 2025029070.884.34$1,259
Jan 2025025174.324.28$1,074
Dec 2024026168.993.12$815
Nov 2024026769.052.20$587
Oct 2024025771.372.28$586
Sep 2024028169.612.36$664
Aug 2024024675.632.06$508
Jul 2024025679.932.15$550
Jun 2024022978.082.63$603
May 2024023478.812.20$514
Apr 2024023884.451.66$395
Mar 2024025980.301.55$400
Feb 2024029776.091.78$530
Jan 2024029573.023.30$973
Dec 2023036071.262.61$940
Nov 2023047577.892.81$1,334
Oct 2023053485.443.09$1,649
Sep 2023050789.042.74$1,387
Aug 2023052080.522.67$1,390
Jul 2023048174.852.64$1,271
Jun 2023045268.962.26$1,021
May 2023045070.622.23$1,002
Apr 2023031578.122.24$705
Mar 2023027472.852.39$656
Feb 2023028975.112.47$713
Jan 2023028076.533.39$949
Dec 2022037476.415.73$2,143
Nov 2022038485.005.65$2,168
Oct 2022052387.185.86$3,067
Sep 2022061784.888.16$5,037
Aug 2022067294.529.13$6,133
Jul 20220730101.587.54$5,506
Jun 20220691115.097.98$5,512
May 20220815109.378.43$6,873
Apr 20220811104.226.84$5,545
Mar 20220885108.885.08$4,493
Feb 2022078291.054.86$3,800
Jan 2022091381.844.54$4,143
Dec 2021090871.323.90$3,540
Nov 2021097577.435.24$5,106
Oct 202101,01779.795.71$5,811
Sep 202101,11869.865.35$5,982
Aug 202101,04066.024.22$4,389
Jul 202101,24270.783.98$4,946
Jun 2021121,62369.493.38$6,321
May 2021111,60463.483.02$5,539
Apr 202161,56660.362.76$4,682
Mar 2021131,58461.302.72$5,101
Feb 2021131,32257.805.55$8,086
Jan 2021241,47850.412.81$5,363
Dec 2020391,54044.642.68$5,861
Nov 2020291,52938.772.71$5,263
Oct 2020171,68136.972.48$4,795
Sep 202081,48837.091.99$3,259
Aug 202041,62239.982.39$4,029
Jul 2020101,62338.371.83$3,346
Jun 2020361,40934.901.69$3,638
May 2020171,46416.921.81$2,944
Apr 2020383314.751.80$1,547
Mar 2020221,18930.341.86$2,875
Feb 2020221,27249.881.98$3,617
Jan 2020211,36157.252.09$4,053
Dec 2019151,34159.012.30$3,975
Nov 2019211,34055.302.75$4,847
Oct 2019221,43253.472.42$4,640
Sep 2019151,39355.052.66$4,527
Aug 2019201,44153.112.30$4,383
Jul 201981,46956.272.46$4,064
Jun 2019131,40252.782.49$4,179
May 2019181,46058.482.74$5,054
Apr 2019131,40962.632.75$4,690
Mar 2019141,43456.803.06$5,186
Feb 2019201,39150.852.79$4,901
Jan 2019111,62046.033.23$5,736
Dec 2018151,65846.594.19$7,638
Nov 2018241,57952.934.24$7,961
Oct 2018121,57561.443.40$6,089
Sep 2018181,63559.543.11$6,153
Aug 2018121,67459.403.07$5,846
Jul 2018331,64765.142.93$6,978
Jun 201881,61660.183.08$5,454
May 2018111,62765.382.90$5,439
Apr 2018131,51863.842.90$5,233
Mar 2018161,60161.222.79$5,441
Feb 2018141,54361.782.77$5,133
Jan 201891,57462.874.01$6,877
Dec 2017101,70957.272.92$5,566
Nov 201781,67355.423.12$5,660
Oct 20171571,72949.292.98$12,897
Sep 2017131,70047.523.09$5,866
Aug 201771,70745.373.00$5,446
Jul 201761,70143.873.09$5,515
Jun 201741,67342.493.09$5,335
May 201761,73345.373.26$5,928
Apr 201741,65647.933.21$5,510
Mar 201791,64946.772.98$5,341
Feb 2017111,51950.452.95$5,040
Jan 201721,81149.413.42$6,290
Dec 201651,68948.763.72$6,532
Nov 201651,63842.492.64$4,544
Oct 20161601,76246.193.09$12,835
Sep 201681,69841.553.10$5,597
Aug 201671,81441.442.92$5,595
Jul 2016111,84641.622.92$5,856
Jun 201661,74645.352.69$4,962
May 201651,84742.521.99$3,890
Apr 201621,80636.561.99$3,669
Mar 201601,72133.011.79$3,087
Feb 201671,79726.472.06$3,894
Jan 201621,83027.352.36$4,381
Dec 201521,78932.362.00$3,645
Nov 201531,92138.792.17$4,280
Oct 20151882,21043.552.43$13,550
Sep 201522,16942.992.76$6,069
Aug 201572,24640.162.87$6,733
Jul 201512,33848.152.95$6,934
Jun 201532,18956.152.88$6,479
May 201531,83955.212.96$5,601
Apr 201522,26049.822.71$6,216
Mar 201532,36642.892.93$7,072
Feb 201522,22044.662.98$6,696
Jan 201522,72943.433.10$8,548
Dec 2014902,37454.693.59$13,448
Nov 201422,54970.464.25$10,979
Oct 201422,87878.303.90$11,384
Sep 20141862,88386.164.05$27,689
Aug 201423,04289.394.04$12,454
Jul 201443,07096.564.18$13,218
Jun 201443,03098.164.74$14,745
May 201453,17094.734.73$15,457
Apr 201453,17395.944.81$15,739
Mar 201453,39795.895.06$17,657
Feb 201433,58697.406.19$22,497
Jan 201443,44190.404.86$17,087
Dec 201343,09291.824.35$13,831
Nov 20131262,98988.853.74$22,369
Oct 201303,12997.423.78$11,826
Sep 201303,542104.113.72$13,168
Aug 201303,787104.253.52$13,340
Jul 20131863,891102.523.72$33,534
Jun 201303,84494.403.93$15,120
May 201303,96194.834.15$16,435
Apr 201303,87893.964.28$16,608
Mar 20131903,19593.623.91$30,289
Feb 201303,68791.233.42$12,609
Jan 201303,99091.603.42$13,645
Dec 201204,07186.773.42$13,923
Nov 201204,17186.953.62$15,120
Oct 20121874,39589.383.40$31,656
Sep 201204,35894.672.92$12,718
Aug 201204,28292.662.91$12,453
Jul 201204,60285.133.02$13,902
Jun 201204,58179.822.52$11,540
May 20122034,89991.612.49$30,787
Apr 201204,663101.652.00$9,311
Mar 201204,037105.052.22$8,971
Feb 201204,087101.102.57$10,505
Jan 201205,17298.092.73$14,141
Dec 201105,26496.873.24$17,054
Nov 201104,10395.723.31$13,586
Oct 201104,77984.983.65$17,436
Sep 201104,90583.623.99$19,550
Aug 201104,56683.404.15$18,946
Jul 201104,90494.144.52$22,153
Jun 201104,64492.904.64$21,548
May 201105,43098.134.40$23,918
Apr 201105,517105.964.33$23,907
Mar 201105,14496.364.06$20,871
Feb 201105,40085.644.18$22,572
Jan 201105,34786.504.59$24,536
Dec 20101966,35785.734.35$44,442
Nov 201006,30780.843.80$23,937
Oct 201005,98878.103.51$21,011
Sep 201006,02272.633.98$23,964
Aug 201006,39573.684.42$28,262
Jul 20101886,57972.554.74$44,801
Jun 201007,49770.364.91$36,813
May 201006,07071.124.24$25,708
Apr 201006,42881.694.12$26,501
Mar 201007,81078.394.39$34,276
Feb 201005,97273.585.44$32,502
Jan 201006,88974.365.96$41,087
Dec 200906,95371.445.48$38,129
Nov 200906,97374.593.75$26,159
Oct 200907,41272.544.11$30,465
Sep 200907,60865.543.06$23,317
Aug 200908,03567.423.22$25,861
Jul 200908,14461.133.46$28,215
Jun 200907,95166.163.90$30,969
May 200908,54654.743.93$33,549
Apr 200908,53246.773.59$30,609
Mar 20091869,14742.144.06$44,966
Feb 200907,88232.814.63$36,517
Jan 200909,26235.865.37$49,746
Dec 2008010,52637.105.98$62,915
Nov 200809,52655.496.86$65,352
Oct 2008010,02775.246.92$69,407
Sep 200808,624101.767.88$67,932
Aug 2008012,823114.228.48$108,778
Jul 2008013,381131.0811.39$152,402
Jun 2008012,251131.3313.03$159,663
May 200819213,718123.1711.57$182,425
Apr 2008014,573110.3110.45$152,359
Mar 200818816,054101.909.66$174,304
Feb 2008015,61892.538.77$136,979
Jan 2008018,75690.388.21$153,907
Dec 200718918,97488.337.30$155,242
Nov 200739123,94591.677.29$210,443
Oct 200720033,39182.856.92$247,702
Sep 200719844,97875.846.24$295,866
Aug 2007022,32169.066.39$142,585

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                  257 Mcf  × $  3.05 =       $783

────────────────────────────────────────────────────
Month total                                     $783

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/234466 is the state's own key, not one this site invented.