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 235486District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Feb 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
220
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 Gas112009-01-13183790
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
CondensateDisposition3,091 bbl$268,739
GasProduction705,407 Mcf$3,981,550
Total$4,250,289

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 35.7333, -100.3692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73333, -100.36917 · 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
Feb 2008
1 of 1 wells

1 well

42-21134092276812,800 ftFeb 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 (220)

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

220 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 20223094.529.13$284
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 2020122238.371.83$444
Jun 20201476434.901.69$1,780
May 202041,82216.921.81$3,374
Apr 20202095114.751.80$2,011
Mar 202001,58930.341.86$2,950
Feb 2020241,59749.881.98$4,360
Jan 2020221,65457.252.09$4,724
Dec 2019171,66759.012.30$4,845
Nov 2019201,63055.302.75$5,590
Oct 2019211,73353.472.42$5,314
Sep 2019171,70155.052.66$5,456
Aug 2019211,74053.112.30$5,125
Jul 201961,80556.272.46$4,778
Jun 201941,34252.782.49$3,554
May 201901,52058.482.74$4,165
Apr 201901,43562.632.75$3,947
Mar 201901,37656.803.06$4,213
Feb 201901,32450.852.79$3,697
Jan 201901,50746.033.23$4,865
Dec 201801,51846.594.19$6,354
Nov 201801,51252.934.24$6,407
Oct 201801,56161.443.40$5,304
Sep 201801,52859.543.11$4,749
Aug 201801,55059.403.07$4,753
Jul 201831,53665.142.93$4,699
Jun 201811,60060.183.08$4,983
May 201811,63165.382.90$4,797
Apr 201811,56763.842.90$4,609
Mar 201811,60061.222.79$4,520
Feb 201801,43261.782.77$3,961
Jan 201801,56962.874.01$6,291
Dec 201701,64157.272.92$4,794
Nov 201701,58955.423.12$4,955
Oct 201701,71449.292.98$5,114
Sep 201701,67947.523.09$5,184
Aug 201701,74545.373.00$5,243
Jul 201701,74243.873.09$5,378
Jun 201701,69042.493.09$5,218
May 201701,75245.373.26$5,717
Apr 201701,67647.933.21$5,383
Mar 201701,72346.772.98$5,141
Feb 201701,55450.452.95$4,588
Jan 201701,68349.413.42$5,754
Dec 201601,65848.763.72$6,172
Nov 201601,73042.492.64$4,575
Oct 201601,82446.193.09$5,637
Sep 201601,77541.553.10$5,504
Aug 201601,85441.442.92$5,422
Jul 201601,92141.622.92$5,618
Jun 201611,92645.352.69$5,218
May 201612,01142.521.99$4,047
Apr 201611,91936.561.99$3,857
Mar 201602,08833.011.79$3,746
Feb 201641,92126.472.06$4,070
Jan 201651,96527.352.36$4,783
Dec 201521,81732.362.00$3,701
Nov 201541,85138.792.17$4,167
Oct 201531,98743.552.43$4,952
Sep 201551,92442.992.76$5,522
Aug 201561,98040.162.87$5,928
Jul 201532,02848.152.95$6,117
Jun 201551,94256.152.88$5,879
May 2015122,17355.212.96$7,085
Apr 201552,04749.822.71$5,789
Mar 201531,88442.892.93$5,658
Feb 201521,75344.662.98$5,307
Jan 201531,72643.433.10$5,482
Dec 201431,49254.693.59$5,522
Nov 201421,85470.464.25$8,024
Oct 201411,99078.303.90$7,841
Sep 201412,04386.164.05$8,351
Aug 201422,13789.394.04$8,802
Jul 201442,17496.564.18$9,473
Jun 201442,09598.164.74$10,316
May 201462,12594.734.73$10,612
Apr 201452,13595.944.81$10,747
Mar 201482,34895.895.06$12,640
Feb 201462,09097.406.19$13,526
Jan 201492,56390.404.86$13,272
Dec 201382,48791.824.35$11,564
Nov 201362,42588.853.74$9,598
Oct 201302,10497.423.78$7,952
Sep 201302,576104.113.72$9,577
Aug 201302,791104.253.52$9,832
Jul 201302,863102.523.72$10,644
Jun 201302,75194.403.93$10,821
May 201302,68194.834.15$11,124
Apr 201302,65693.964.28$11,375
Mar 20131012,81993.623.91$20,486
Feb 201302,71091.233.42$9,268
Jan 201303,01491.603.42$10,308
Dec 201203,08586.773.42$10,551
Nov 201203,07786.953.62$11,154
Oct 201203,22889.383.40$10,974
Sep 201203,18194.672.92$9,283
Aug 201203,36892.662.91$9,795
Jul 201203,40185.133.02$10,274
Jun 201203,38879.822.52$8,535
May 201203,49891.612.49$8,704
Apr 201203,370101.652.00$6,729
Mar 201202,847105.052.22$6,326
Feb 201202,905101.102.57$7,467
Jan 201202,91398.092.73$7,964
Dec 20112013,62396.873.24$31,208
Nov 201103,57295.723.31$11,828
Oct 201104,04984.983.65$14,773
Sep 201104,16583.623.99$16,601
Aug 201104,35883.404.15$18,083
Jul 201104,51794.144.52$20,404
Jun 201104,39792.904.64$20,402
May 201104,79898.134.40$21,134
Apr 201104,549105.964.33$19,712
Mar 20111984,38396.364.06$36,863
Feb 201103,93185.644.18$16,432
Jan 201108,05986.504.59$36,981
Dec 201008,40085.734.35$36,521
Nov 201008,32280.843.80$31,585
Oct 201009,00678.103.51$31,601
Sep 20101909,03572.633.98$49,754
Aug 2010010,25073.684.42$45,298
Jul 201006,23672.554.74$29,537
Jun 201005,61470.364.91$27,567
May 201007,62771.124.24$32,302
Apr 201007,97481.694.12$32,874
Mar 201008,64078.394.39$37,918
Feb 201007,82973.585.44$42,608
Jan 201008,88874.365.96$53,009
Dec 200909,02571.445.48$49,491
Nov 200909,04774.593.75$33,940
Oct 20091829,57772.544.11$52,566
Sep 200909,52665.543.06$29,195
Aug 2009010,00767.423.22$32,208
Jul 200918010,21061.133.46$46,376
Jun 2009010,07966.163.90$39,258
May 2009010,73354.743.93$42,135
Apr 2009010,67646.773.59$38,300
Mar 2009010,66142.144.06$43,273
Feb 200919310,28532.814.63$53,983
Jan 2009012,41435.865.37$66,676
Dec 2008011,59737.105.98$69,317
Nov 200819512,60255.496.86$97,275
Oct 200819313,38675.246.92$107,179
Sep 2008014,085101.767.88$110,949
Aug 200818716,327114.228.48$159,861
Jul 2008013,453131.0811.39$153,222
Jun 200818920,171131.3313.03$287,703
May 200838025,598123.1711.57$343,083
Apr 200818936,231110.3110.45$399,639
Mar 200818253,752101.909.66$538,009
Feb 200806,68492.538.77$58,623

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.

Aug 2022 — as filed, then multipliedworked
Condensate             3 bbl  × $ 94.52 =       $284
Gas                    0 Mcf  × $  9.13 =         $0

────────────────────────────────────────────────────
Month total                                     $284

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/235486 is the state's own key, not one this site invented.