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 235150District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 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 Gas112009-01-13183684
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
CondensateDisposition5,071 bbl$457,542
GasProduction704,012 Mcf$4,181,747
Total$4,639,290

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 35.7348, -100.3641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73478, -100.36414 · 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
Oct 2013
1 of 1 wells

1 well

42-21134065236812,805 ftOct 2013

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 2022065976.415.73$3,775
Nov 2022056985.005.65$3,213
Oct 2022052987.185.86$3,102
Sep 2022051184.888.16$4,172
Aug 2022055994.529.13$5,102
Jul 20220544101.587.54$4,103
Jun 20220528115.097.98$4,212
May 20220552109.378.43$4,655
Apr 20220510104.226.84$3,487
Mar 20220544108.885.08$2,762
Feb 2022047591.054.86$2,308
Jan 2022054481.844.54$2,469
Dec 2021054871.323.90$2,137
Nov 2021056577.435.24$2,959
Oct 2021059979.795.71$3,423
Sep 2021060669.865.35$3,243
Aug 2021061166.024.22$2,579
Jul 2021062970.783.98$2,505
Jun 2021153469.493.38$1,875
May 2021152863.483.02$1,657
Apr 2021163960.362.76$1,823
Mar 2021259561.302.72$1,739
Feb 2021013957.805.55$771
Jan 2021162350.412.81$1,801
Dec 2020166544.642.68$1,824
Nov 2020364038.772.71$1,849
Oct 2020170236.972.48$1,777
Sep 2020165037.091.99$1,331
Aug 2020171639.982.39$1,748
Jul 2020165138.371.83$1,227
Jun 2020773134.901.69$1,480
May 2020088216.921.81$1,601
Apr 2020252714.751.80$980
Mar 2020063930.341.86$1,186
Feb 2020069649.881.98$1,379
Jan 2020074057.252.09$1,550
Dec 2019076659.012.30$1,765
Nov 2019177155.302.75$2,176
Oct 2019080553.472.42$1,947
Sep 2019079055.052.66$2,099
Aug 2019083853.112.30$1,931
Jul 2019085256.272.46$2,096
Jun 2019086452.782.49$2,152
May 2019101,12058.482.74$3,654
Apr 201971,16262.632.75$3,635
Mar 201961,07956.803.06$3,645
Feb 2019894050.852.79$3,031
Jan 201931,04346.033.23$3,505
Dec 201861,02846.594.19$4,582
Nov 2018101,06752.934.24$5,050
Oct 201861,18161.443.40$4,382
Sep 201821,33559.543.11$4,268
Aug 201861,27859.403.07$4,275
Jul 2018181,25565.142.93$4,852
Jun 201841,26260.183.08$4,124
May 201851,32365.382.90$4,165
Apr 201871,21263.842.90$3,963
Mar 2018111,28761.222.79$4,260
Feb 2018111,14661.782.77$3,850
Jan 2018101,24662.874.01$5,624
Dec 201781,25157.272.92$4,113
Nov 201791,24555.423.12$4,381
Oct 201761,31049.292.98$4,204
Sep 2017101,27747.523.09$4,418
Aug 201751,21045.373.00$3,862
Jul 201771,20043.873.09$4,012
Jun 201761,12542.493.09$3,728
May 201771,19545.373.26$4,217
Apr 201751,15547.933.21$3,949
Mar 201781,18946.772.98$3,922
Feb 201781,06350.452.95$3,542
Jan 201741,13849.413.42$4,088
Dec 201681,13648.763.72$4,619
Nov 2016101,13442.492.64$3,424
Oct 201691,18546.193.09$4,078
Sep 201691,18541.553.10$4,048
Aug 201681,25641.442.92$4,004
Jul 201691,23841.622.92$3,995
Jun 2016101,20745.352.69$3,695
May 2016151,24042.521.99$3,107
Apr 2016121,15336.561.99$2,734
Mar 201611,25033.011.79$2,276
Feb 2016221,16026.472.06$2,976
Jan 2016181,13627.352.36$3,178
Dec 2015111,05032.362.00$2,457
Nov 2015101,09638.792.17$2,763
Oct 2015141,15043.552.43$3,400
Sep 201571,07142.992.76$3,255
Aug 201591,14740.162.87$3,656
Jul 201541,14048.152.95$3,550
Jun 2015101,06956.152.88$3,643
May 2015131,13855.212.96$4,081
Apr 201571,10249.822.71$3,331
Mar 2015690742.892.93$2,919
Feb 2015674744.662.98$2,491
Jan 2015769443.433.10$2,456
Dec 2014358854.693.59$2,276
Nov 2014365670.464.25$3,001
Oct 2014482878.303.90$3,543
Sep 2014267486.164.05$2,899
Aug 2014467389.394.04$3,073
Jul 2014561796.564.18$3,062
Jun 2014753798.164.74$3,231
May 20142132294.734.73$3,511
Apr 20141025795.944.81$2,195
Mar 201464995.895.06$823
Feb 20146797.406.19$628
Jan 20143390.404.86$286
Dec 20130091.824.35$0
Nov 2013101188.853.74$930
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013111091.233.42$10,127
Jan 201303,49691.603.42$11,956
Dec 201204,66886.773.42$15,965
Nov 201204,71986.953.62$17,106
Oct 20121764,91489.383.40$32,437
Sep 201204,74994.672.92$13,859
Aug 201205,15592.662.91$14,992
Jul 201205,17385.133.02$15,627
Jun 201204,77779.822.52$12,033
May 201205,19691.612.49$12,929
Apr 20121985,033101.652.00$30,177
Mar 201204,223105.052.22$9,384
Feb 201204,266101.102.57$10,965
Jan 201204,84198.092.73$13,236
Dec 201105,30496.873.24$17,184
Nov 20111994,84695.723.31$35,095
Oct 201105,34984.983.65$19,516
Sep 201105,47383.623.99$21,814
Aug 201105,41483.404.15$22,464
Jul 201105,74394.144.52$25,943
Jun 20111955,69592.904.64$44,540
May 201106,09498.134.40$26,843
Apr 201105,937105.964.33$25,727
Mar 201105,71996.364.06$23,204
Feb 201105,68185.644.18$23,746
Jan 20112006,19486.504.59$45,723
Dec 201006,42685.734.35$27,939
Nov 201006,22980.843.80$23,641
Oct 201006,74978.103.51$23,682
Sep 20101936,52172.633.98$39,968
Aug 201007,35373.684.42$32,496
Jul 201007,73572.554.74$36,637
Jun 201007,71570.364.91$37,884
May 201008,01271.124.24$33,933
Apr 20101988,12581.694.12$49,671
Mar 201008,50178.394.39$37,308
Feb 201007,67373.585.44$41,759
Jan 201008,11374.365.96$48,387
Dec 200908,30771.445.48$45,554
Nov 20091969,14274.593.75$48,916
Oct 200909,80672.544.11$40,305
Sep 200909,88065.543.06$30,280
Aug 2009010,44067.423.22$33,601
Jul 2009010,73261.133.46$37,181
Jun 200918710,70566.163.90$54,068
May 2009011,25554.743.93$44,184
Apr 2009011,42646.773.59$40,991
Mar 200919511,91942.144.06$56,597
Feb 2009011,41332.814.63$52,876
Jan 2009012,17435.865.37$65,387
Dec 200813712,26737.105.98$78,404
Nov 2008013,04355.496.86$89,480
Oct 200819113,82575.246.92$110,067
Sep 200819114,453101.767.88$133,284
Aug 200818517,136114.228.48$166,496
Jul 200838419,186131.0811.39$268,852
Jun 200819120,412131.3313.03$291,106
May 200819323,936123.1711.57$300,814
Apr 200837927,903110.3110.45$333,529
Mar 200838639,966101.909.66$425,568
Feb 200823055,25692.538.77$505,909
Jan 200808,41990.388.21$69,084

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 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.41 =         $0
Gas                  659 Mcf  × $  5.73 =     $3,775

────────────────────────────────────────────────────
Month total                                   $3,775

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/235150 is the state's own key, not one this site invented.