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 235890District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Apr 2008 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
218
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 Gas112009-01-13183788
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
CondensateDisposition4,192 bbl$325,289
GasProduction661,858 Mcf$3,224,466
Total$3,549,755

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 35.7368, -100.3898. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73675, -100.38975 · 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
13,500 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 13,500 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-21134126207013,500 ftApr 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 (218)

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

218 months

May 202601,635106.413.05$4,980
Apr 202601,95998.932.87$5,622
Mar 202601,36389.753.15$4,293
Feb 202601,61563.503.75$6,057
Jan 202601,93259.138.00$15,452
Dec 202501,92356.664.41$8,487
Nov 202501,68058.593.93$6,596
Oct 202501,64659.383.30$5,440
Sep 202501,59462.743.08$4,905
Aug 202501,67663.933.01$5,053
Jul 202501,76566.743.32$5,851
Jun 202501,70866.483.13$5,344
May 202501,78060.553.23$5,754
Apr 202501,62162.363.54$5,743
Mar 202501,73867.704.27$7,418
Feb 202501,46570.884.34$6,359
Jan 202501,77974.324.28$7,612
Dec 202402,04068.993.12$6,368
Nov 202401,74769.052.20$3,841
Oct 202401,76871.372.28$4,034
Sep 202401,75369.612.36$4,145
Aug 202401,80575.632.06$3,725
Jul 202401,69579.932.15$3,638
Jun 202401,70978.082.63$4,501
May 202401,75478.812.20$3,856
Apr 202401,67884.451.66$2,784
Mar 202401,73380.301.55$2,678
Feb 202401,63176.091.78$2,909
Jan 202401,72373.023.30$5,682
Dec 202301,66971.262.61$4,357
Nov 202301,67077.892.81$4,689
Oct 202301,73385.443.09$5,350
Sep 202301,72089.042.74$4,704
Aug 202301,77980.522.67$4,755
Jul 202301,80174.852.64$4,758
Jun 202301,77268.962.26$4,002
May 202301,86670.622.23$4,156
Apr 202301,80578.122.24$4,039
Mar 202301,82172.852.39$4,358
Feb 202301,64775.112.47$4,061
Jan 202301,81376.533.39$6,142
Dec 202201,74776.415.73$10,009
Nov 202201,69585.005.65$9,570
Oct 202201,92187.185.86$11,264
Sep 202201,89584.888.16$15,470
Aug 202201,93794.529.13$17,679
Jul 202202,145101.587.54$16,178
Jun 202201,035115.097.98$8,256
May 202201,569109.378.43$13,231
Apr 202201,730104.226.84$11,829
Mar 202201,832108.885.08$9,300
Feb 202201,63791.054.86$7,954
Jan 202201,80781.844.54$8,200
Dec 202101,76971.323.90$6,898
Nov 202101,81777.435.24$9,515
Oct 202101,87479.795.71$10,708
Sep 202101,89969.865.35$10,161
Aug 202101,91466.024.22$8,078
Jul 202101,89570.783.98$7,546
Jun 2021221,92569.493.38$8,036
May 2021181,90363.483.02$6,885
Apr 2021271,85760.362.76$6,752
Mar 2021331,93461.302.72$7,277
Feb 2021101,30557.805.55$7,818
Jan 202101,90450.412.81$5,351
Dec 2020461,97044.642.68$7,324
Nov 2020381,96238.772.71$6,784
Oct 2020331,98436.972.48$6,137
Sep 2020171,88337.091.99$4,380
Aug 2020161,94239.982.39$5,272
Jul 2020211,98038.371.83$4,420
Jun 2020261,97434.901.69$4,244
May 2020302,32516.921.81$4,727
Apr 2020382214.751.80$1,527
Mar 2020221,59030.341.86$3,619
Feb 2020211,70749.881.98$4,428
Jan 2020251,83857.252.09$5,281
Dec 2019191,79959.012.30$5,267
Nov 2019191,80155.302.75$6,005
Oct 2019221,86453.472.42$5,685
Sep 2019171,84755.052.66$5,844
Aug 2019211,90653.112.30$5,507
Jul 201981,90256.272.46$5,129
Jun 2019151,82352.782.49$5,333
May 2019191,87858.482.74$6,257
Apr 2019141,74762.632.75$5,682
Mar 2019161,84256.803.06$6,549
Feb 2019181,56350.852.79$5,280
Jan 2019121,86146.033.23$6,560
Dec 2018161,83946.594.19$8,442
Nov 2018191,81652.934.24$8,701
Oct 201881,87261.443.40$6,853
Sep 2018131,81359.543.11$6,409
Aug 201891,86859.403.07$6,263
Jul 2018271,79365.142.93$7,016
Jun 201841,67460.183.08$5,391
May 201891,89265.382.90$6,077
Apr 201881,79763.842.90$5,723
Mar 2018131,84261.222.79$5,929
Feb 2018101,64961.782.77$5,179
Jan 2018111,83462.874.01$8,045
Dec 201771,88457.272.92$5,905
Nov 201751,68855.423.12$5,541
Oct 201751,76249.292.98$5,504
Sep 2017101,80247.523.09$6,038
Aug 201741,71545.373.00$5,334
Jul 201761,88543.873.09$6,083
Jun 201741,79942.493.09$5,724
May 201751,89045.373.26$6,395
Apr 201741,83747.933.21$6,091
Mar 201761,85646.772.98$5,818
Feb 201761,69850.452.95$5,316
Jan 201731,83249.413.42$6,411
Dec 201641,56348.763.72$6,014
Nov 201671,78642.492.64$5,020
Oct 201671,86046.193.09$6,071
Sep 201671,76041.553.10$5,748
Aug 201661,87941.442.92$5,743
Jul 201661,91441.622.92$5,847
Jun 201671,84245.352.69$5,265
May 2016101,90742.521.99$4,222
Apr 2016101,87036.561.99$4,089
Mar 201612,03233.011.79$3,678
Feb 2016211,87626.472.06$4,427
Jan 2016171,88627.352.36$4,924
Dec 2015191,89332.362.00$4,404
Nov 2015131,93638.792.17$4,700
Oct 2015172,08243.552.43$5,792
Sep 2015102,07542.992.76$6,154
Aug 2015112,13340.162.87$6,569
Jul 201562,16548.152.95$6,665
Jun 201592,11156.152.88$6,591
May 2015112,07355.212.96$6,734
Apr 201562,02649.822.71$5,782
Mar 201552,01942.892.93$6,140
Feb 201531,80944.662.98$5,518
Jan 201541,71843.433.10$5,501
Dec 201431,59354.693.59$5,885
Nov 201431,97470.464.25$8,605
Oct 201432,02678.303.90$8,138
Sep 201431,91986.164.05$8,022
Aug 201452,04389.394.04$8,691
Jul 2014102,12996.564.18$9,864
Jun 2014102,03998.164.74$10,640
May 2014112,11494.734.73$11,034
Apr 201492,01095.944.81$10,530
Mar 2014102,21795.895.06$12,170
Feb 201492,26797.406.19$14,914
Jan 2014112,45790.404.86$12,937
Dec 2013142,50691.824.35$12,198
Nov 2013102,08788.853.74$8,690
Oct 201301,98197.423.78$7,487
Sep 201302,101104.113.72$7,811
Aug 201302,233104.253.52$7,866
Jul 201302,297102.523.72$8,540
Jun 201302,34294.403.93$9,212
May 201302,41894.834.15$10,032
Apr 201302,33793.964.28$10,008
Mar 201302,47793.623.91$9,692
Feb 201302,20691.233.42$7,544
Jan 201302,43691.603.42$8,331
Dec 201202,46986.773.42$8,444
Nov 201202,41886.953.62$8,765
Oct 201202,56189.383.40$8,707
Sep 201202,54194.672.92$7,416
Aug 201202,62292.662.91$7,625
Jul 201202,89485.133.02$8,742
Jun 201202,15879.822.52$5,436
May 201202,51891.612.49$6,266
Apr 201203,077101.652.00$6,144
Mar 201202,840105.052.22$6,311
Feb 201202,117101.102.57$5,441
Jan 20121993,04498.092.73$27,842
Dec 201103,16696.873.24$10,257
Nov 201103,01995.723.31$9,997
Oct 201103,40784.983.65$12,431
Sep 201103,50383.623.99$13,962
Aug 201103,53483.404.15$14,664
Jul 201103,87794.144.52$17,513
Jun 201103,58092.904.64$16,611
May 201103,99198.134.40$17,580
Apr 201104,009105.964.33$17,372
Mar 20111873,88196.364.06$33,766
Feb 201104,19785.644.18$17,543
Jan 201104,43886.504.59$20,365
Dec 201004,55485.734.35$19,800
Nov 201004,66380.843.80$17,698
Oct 20101914,82878.103.51$31,858
Sep 201004,88472.633.98$19,436
Aug 201005,07173.684.42$22,411
Jul 201005,20372.554.74$24,644
Jun 201005,23570.364.91$25,706
May 20101965,72271.124.24$38,173
Apr 201005,98681.694.12$24,678
Mar 201006,37978.394.39$27,995
Feb 201006,75773.585.44$36,774
Jan 201006,76774.365.96$40,359
Dec 20091937,02071.445.48$52,284
Nov 200907,16574.593.75$26,880
Oct 200907,51172.544.11$30,872
Sep 200907,53565.543.06$23,093
Aug 20091867,87067.423.22$37,870
Jul 200907,97261.133.46$27,619
Jun 200907,57866.163.90$29,516
May 20091888,05354.743.93$41,905
Apr 200907,97846.773.59$28,621
Mar 20091898,92642.144.06$44,195
Feb 200906,63532.814.63$30,740
Jan 200908,24435.865.37$44,279
Dec 20081948,19837.105.98$56,198
Nov 200819310,23655.496.86$80,932
Oct 2008010,67675.246.92$73,899
Sep 200818710,796101.767.88$104,070
Aug 200818911,999114.228.48$123,375
Jul 200818611,395131.0811.39$154,163
Jun 200818915,825131.3313.03$231,063
May 200837723,584123.1711.57$319,403
Apr 2008025,224110.3110.45$263,713

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                1,635 Mcf  × $  3.05 =     $4,980

────────────────────────────────────────────────────
Month total                                   $4,980

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/235890 is the state's own key, not one this site invented.