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 234573District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Jan 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
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 Gas112008-08-28183631
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
CondensateDisposition2,699 bbl$227,708
GasProduction459,935 Mcf$2,824,700
Total$3,052,407

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 35.7380, -100.3641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73797, -100.36412 · 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
Jan 2008
1 of 1 wells

1 well

42-21134066166912,800 ftJan 2008

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 (221)

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

221 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 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20194459.012.30$245
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017121055.423.12$6,706
Oct 20174449.292.98$209
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015293240.162.87$2,757
Jul 201522,03248.152.95$6,081
Jun 201542,01456.152.88$6,031
May 201572,12355.212.96$6,661
Apr 201551,99749.822.71$5,654
Mar 201542,12642.892.93$6,411
Feb 201531,88644.662.98$5,747
Jan 201541,93943.433.10$6,186
Dec 201441,76354.693.59$6,550
Nov 201431,83470.464.25$8,009
Oct 201432,08478.303.90$8,365
Sep 201422,00886.164.05$8,296
Aug 201432,14489.394.04$8,919
Jul 201452,20596.564.18$9,699
Jun 201452,11698.164.74$10,514
May 201462,24094.734.73$11,156
Apr 201452,15395.944.81$10,834
Mar 201472,32895.895.06$12,443
Feb 201452,16897.406.19$13,911
Jan 201462,49890.404.86$12,684
Dec 201372,40591.824.35$11,115
Nov 201352,29088.853.74$9,005
Oct 201302,13497.423.78$8,065
Sep 201302,286104.113.72$8,499
Aug 20131752,484104.253.52$26,994
Jul 201302,359102.523.72$8,770
Jun 201302,26694.403.93$8,913
May 201302,37794.834.15$9,862
Apr 201302,21393.964.28$9,477
Mar 201302,53793.623.91$9,927
Feb 201302,12591.233.42$7,267
Jan 201302,38691.603.42$8,160
Dec 201202,38386.773.42$8,150
Nov 201202,44886.953.62$8,874
Oct 201202,63389.383.40$8,951
Sep 201202,56394.672.92$7,480
Aug 201202,72492.662.91$7,922
Jul 201202,67685.133.02$8,084
Jun 201202,47279.822.52$6,227
May 201202,66291.612.49$6,624
Apr 201202,543101.652.00$5,078
Mar 201202,327105.052.22$5,171
Feb 20122032,142101.102.57$26,029
Jan 201202,61098.092.73$7,136
Dec 201102,63296.873.24$8,527
Nov 201102,47595.723.31$8,195
Oct 201102,76084.983.65$10,070
Sep 201102,77883.623.99$11,073
Aug 201103,30883.404.15$13,726
Jul 201103,07894.144.52$13,904
Jun 201103,03792.904.64$14,091
May 201103,24698.134.40$14,298
Apr 201103,162105.964.33$13,702
Mar 20111953,31396.364.06$32,232
Feb 201103,24285.644.18$13,552
Jan 201103,54086.504.59$16,244
Dec 201003,87685.734.35$16,852
Nov 201004,02480.843.80$15,272
Oct 201004,16178.103.51$14,600
Sep 201004,35972.633.98$17,347
Aug 20101884,60673.684.42$34,207
Jul 201004,66772.554.74$22,105
Jun 201003,58370.364.91$17,594
May 201004,67971.124.24$19,817
Apr 201004,92881.694.12$20,317
Mar 20101945,14278.394.39$37,774
Feb 201004,92373.585.44$26,793
Jan 201005,65474.365.96$33,721
Dec 200905,71771.445.48$31,351
Nov 200905,85574.593.75$21,965
Oct 200906,20772.544.11$25,512
Sep 20091856,16565.543.06$31,019
Aug 200906,50467.423.22$20,933
Jul 200906,63761.133.46$22,994
Jun 200906,82666.163.90$26,587
May 20091867,53954.743.93$39,778
Apr 200907,48246.773.59$26,842
Mar 200907,81542.144.06$31,721
Feb 20091947,28932.814.63$40,135
Jan 200908,43035.865.37$45,278
Dec 200809,81437.105.98$58,660
Nov 200818610,10355.496.86$79,631
Oct 2008010,71675.246.92$74,176
Sep 2008010,732101.767.88$84,537
Aug 2008010,748114.228.48$91,176
Jul 200819111,388131.0811.39$154,739
Jun 2008013,110131.3313.03$170,858
May 200819115,553123.1711.57$203,540
Apr 200818818,569110.3110.45$214,875
Mar 2008024,793101.909.66$239,601
Feb 200819733,05392.538.77$308,122
Jan 2008019,07490.388.21$156,516

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.

Dec 2019 — as filed, then multipliedworked
Condensate             4 bbl  × $ 59.01 =       $236
Gas                    4 Mcf  × $  2.30 =         $9

────────────────────────────────────────────────────
Month total                                     $245

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/234573 is the state's own key, not one this site invented.