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 235900District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Mar 2008 – May 2026
Value, last 12 filed months
$57 k
at the published price for each month
Months reported
219
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 Gas112009-01-13183789
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
CondensateDisposition3,476 bbl$267,298
GasProduction614,218 Mcf$2,829,025
Total$3,096,323

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 35.7386, -100.3966. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73857, -100.39658 · 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
Mar 2008
1 of 1 wells

1 well

42-21134116157012,800 ftMar 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 (219)

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

219 months

May 202601,004106.413.05$3,058
Apr 202601,16298.932.87$3,335
Mar 2026082589.753.15$2,598
Feb 202601,55663.503.75$5,836
Jan 202601,17559.138.00$9,398
Dec 202501,35456.664.41$5,976
Nov 202501,35058.593.93$5,301
Oct 202501,40659.383.30$4,647
Sep 202501,37362.743.08$4,225
Aug 202501,38863.933.01$4,184
Jul 202501,35066.743.32$4,476
Jun 202501,36766.483.13$4,277
May 202501,44760.553.23$4,677
Apr 202501,38562.363.54$4,907
Mar 202501,59367.704.27$6,799
Feb 202501,30970.884.34$5,682
Jan 202501,23274.324.28$5,271
Dec 202401,72468.993.12$5,381
Nov 202401,69169.052.20$3,718
Oct 202401,73771.372.28$3,963
Sep 202401,72269.612.36$4,071
Aug 202401,69375.632.06$3,494
Jul 202401,66079.932.15$3,563
Jun 202401,79478.082.63$4,725
May 202401,73478.812.20$3,812
Apr 202401,66384.451.66$2,759
Mar 202401,77280.301.55$2,738
Feb 202401,70576.091.78$3,041
Jan 202401,40273.023.30$4,623
Dec 202301,69671.262.61$4,428
Nov 202301,70077.892.81$4,773
Oct 202301,77085.443.09$5,464
Sep 202301,77089.042.74$4,841
Aug 202301,83180.522.67$4,894
Jul 202301,89274.852.64$4,998
Jun 202302,21768.962.26$5,007
May 2023033670.622.23$748
Apr 202301,52078.122.24$3,401
Mar 202301,64272.852.39$3,930
Feb 202301,54675.112.47$3,812
Jan 202301,78176.533.39$6,034
Dec 202201,69476.415.73$9,705
Nov 202201,64985.005.65$9,311
Oct 202201,83087.185.86$10,731
Sep 202201,76984.888.16$14,442
Aug 202201,77294.529.13$16,173
Jul 202201,735101.587.54$13,086
Jun 202201,635115.097.98$13,043
May 202201,656109.378.43$13,965
Apr 202201,526104.226.84$10,434
Mar 202201,599108.885.08$8,117
Feb 202201,41791.054.86$6,885
Jan 202201,62281.844.54$7,360
Dec 202101,66471.323.90$6,488
Nov 202101,72377.435.24$9,023
Oct 202101,82879.795.71$10,445
Sep 202101,84169.865.35$9,851
Aug 202101,86766.024.22$7,880
Jul 202101,83970.783.98$7,323
Jun 202141,52369.493.38$5,427
May 202121,79363.483.02$5,538
Apr 202131,76160.362.76$5,039
Mar 202121,80461.302.72$5,024
Feb 202111,52157.805.55$8,496
Jan 202101,81650.412.81$5,103
Dec 202031,88344.642.68$5,172
Nov 202021,84738.772.71$5,077
Oct 202022,00336.972.48$5,038
Sep 202021,84537.091.99$3,748
Aug 202031,96639.982.39$4,809
Jul 202031,74938.371.83$3,307
Jun 2020121,82334.901.69$3,500
May 2020182,09916.921.81$4,114
Apr 2020471814.751.80$1,355
Mar 2020141,60730.341.86$3,408
Feb 2020131,60349.881.98$3,823
Jan 2020171,75357.252.09$4,645
Dec 2019181,74359.012.30$5,079
Nov 2019151,73955.302.75$5,613
Oct 2019181,85353.472.42$5,444
Sep 2019131,73455.052.66$5,323
Aug 2019161,78653.112.30$4,965
Jul 201971,80156.272.46$4,824
Jun 2019141,73752.782.49$5,066
May 2019161,66858.482.74$5,507
Apr 2019121,63062.632.75$5,235
Mar 2019131,73556.803.06$6,051
Feb 2019161,47450.852.79$4,929
Jan 201991,80146.033.23$6,228
Dec 2018211,84546.594.19$8,701
Nov 2018251,83652.934.24$9,103
Oct 2018121,86861.443.40$7,085
Sep 2018171,80759.543.11$6,628
Aug 2018111,90459.403.07$6,492
Jul 2018331,66365.142.93$7,025
Jun 201881,70360.183.08$5,721
May 201871,63665.382.90$5,203
Apr 201891,93363.842.90$6,182
Mar 2018111,99261.222.79$6,225
Feb 2018121,75761.782.77$5,601
Jan 2018122,02462.874.01$8,869
Dec 201792,12057.272.92$6,709
Nov 201772,04255.423.12$6,756
Oct 201772,15549.292.98$6,775
Sep 2017142,14347.523.09$7,281
Aug 201752,11245.373.00$6,572
Jul 201762,18643.873.09$7,012
Jun 201752,08742.493.09$6,656
May 201772,18845.373.26$7,458
Apr 201752,13747.933.21$7,103
Mar 201782,18046.772.98$6,879
Feb 201791,98250.452.95$6,306
Jan 201732,20149.413.42$7,673
Dec 201661,93248.763.72$7,485
Nov 2016102,17742.492.64$6,182
Oct 2016102,26846.193.09$7,471
Sep 2016102,19941.553.10$7,234
Aug 201692,31441.442.92$7,140
Jul 2016102,31141.622.92$7,174
Jun 2016112,28645.352.69$6,639
May 2016152,32842.521.99$5,273
Apr 2016132,21236.561.99$4,879
Mar 201612,36833.011.79$4,281
Feb 2016222,20226.472.06$5,126
Jan 2016172,24227.352.36$5,766
Dec 2015192,27332.362.00$5,164
Nov 2015122,27638.792.17$5,398
Oct 2015172,36843.552.43$6,486
Sep 2015102,30242.992.76$6,780
Aug 2015122,41640.162.87$7,422
Jul 201562,46248.152.95$7,540
Jun 201592,36256.152.88$7,315
May 2015172,48955.212.96$8,295
Apr 201592,40649.822.71$6,960
Mar 201572,46142.892.93$7,523
Feb 201552,20244.662.98$6,777
Jan 201562,14043.433.10$6,896
Dec 201461,97054.693.59$7,403
Nov 201442,13470.464.25$9,355
Oct 201452,44578.303.90$9,929
Sep 201452,39886.164.05$10,132
Aug 201462,45689.394.04$10,447
Jul 2014122,47296.564.18$11,491
Jun 2014112,40398.164.74$12,462
May 2014132,45494.734.73$12,830
Apr 2014102,27495.944.81$11,895
Mar 2014102,35295.895.06$12,852
Feb 201462,00397.406.19$12,987
Jan 201492,42990.404.86$12,620
Dec 201382,29491.824.35$10,724
Nov 201372,22488.853.74$8,936
Oct 201302,12797.423.78$8,039
Sep 201302,436104.113.72$9,056
Aug 201302,579104.253.52$9,085
Jul 201302,623102.523.72$9,752
Jun 201302,55594.403.93$10,050
May 201302,68194.834.15$11,124
Apr 201302,53893.964.28$10,869
Mar 201302,67393.623.91$10,459
Feb 201302,45091.233.42$8,379
Jan 201302,63191.603.42$8,998
Dec 201202,64086.773.42$9,029
Nov 201202,66886.953.62$9,671
Oct 201202,79989.383.40$9,516
Sep 201202,80094.672.92$8,172
Aug 201202,89192.662.91$8,407
Jul 201202,80585.133.02$8,473
Jun 2012942,61079.822.52$14,078
May 201202,63291.612.49$6,549
Apr 201202,682101.652.00$5,355
Mar 201202,313105.052.22$5,140
Feb 201202,338101.102.57$6,009
Jan 201202,75898.092.73$7,541
Dec 201102,80096.873.24$9,071
Nov 201102,67195.723.31$8,844
Oct 201103,08684.983.65$11,259
Sep 201103,25083.623.99$12,954
Aug 201102,99083.404.15$12,406
Jul 201103,41094.144.52$15,404
Jun 201103,25792.904.64$15,112
May 201103,39998.134.40$14,972
Apr 201102,923105.964.33$12,666
Mar 201103,13596.364.06$12,720
Feb 201102,89885.644.18$12,114
Jan 201103,53186.504.59$16,203
Dec 201003,71285.734.35$16,139
Nov 201003,90380.843.80$14,813
Oct 201004,10578.103.51$14,404
Sep 201004,11872.633.98$16,387
Aug 201004,66773.684.42$20,625
Jul 201005,63572.554.74$26,690
Jun 20101865,41070.364.91$39,652
May 201005,75371.124.24$24,365
Apr 201005,78881.694.12$23,862
Mar 20101936,05278.394.39$41,690
Feb 201005,21173.585.44$28,360
Jan 201005,85274.365.96$34,902
Dec 200905,86571.445.48$32,162
Nov 20091976,07974.593.75$37,500
Oct 200906,39672.544.11$26,289
Sep 200906,39265.543.06$19,590
Aug 20091836,75167.423.22$34,066
Jul 200906,80561.133.46$23,576
Jun 200906,60266.163.90$25,715
May 20091877,00854.743.93$37,748
Apr 200907,03646.773.59$25,242
Mar 20091907,46642.144.06$38,311
Feb 200906,92832.814.63$32,097
Jan 20091937,54935.865.37$47,467
Dec 200808,21437.105.98$49,096
Nov 200808,00255.496.86$54,897
Oct 20081948,41075.246.92$72,810
Sep 20081938,954101.767.88$90,171
Aug 200809,671114.228.48$82,039
Jul 200818710,034131.0811.39$138,794
Jun 200819410,646131.3313.03$164,223
May 200837513,465123.1711.57$202,037
Apr 2008016,546110.3110.45$172,986
Mar 200805,054101.909.66$48,842

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                1,004 Mcf  × $  3.05 =     $3,058

────────────────────────────────────────────────────
Month total                                   $3,058

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/235900 is the state's own key, not one this site invented.