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 237566District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
May 2008 – May 2026
Value, last 12 filed months
$83 k
at the published price for each month
Months reported
217
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 Gas112008-09-18185476
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
CondensateDisposition6,888 bbl$553,353
GasProduction1,001,721 Mcf$5,170,634
Total$5,723,987

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 35.7422, -100.3670. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.74215, -100.36700 · 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
May 2008
1 of 1 wells

1 well

42-21134141176912,800 ftMay 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 (217)

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

217 months

May 202601,725106.413.05$5,254
Apr 202601,91198.932.87$5,484
Mar 202601,55089.753.15$4,882
Feb 202601,65163.503.75$6,192
Jan 202602,09059.138.00$16,716
Dec 202502,04756.664.41$9,034
Nov 202501,83858.593.93$7,217
Oct 202501,85859.383.30$6,140
Sep 202501,87562.743.08$5,769
Aug 202501,80463.933.01$5,439
Jul 202501,78466.743.32$5,914
Jun 202501,72066.483.13$5,381
May 202501,71260.553.23$5,534
Apr 202501,56562.363.54$5,545
Mar 202501,66467.704.27$7,102
Feb 202501,85170.884.34$8,035
Jan 202501,78174.324.28$7,620
Dec 202401,60868.993.12$5,019
Nov 202401,52869.052.20$3,359
Oct 202401,66271.372.28$3,792
Sep 202401,78069.612.36$4,209
Aug 202401,66475.632.06$3,434
Jul 202401,59979.932.15$3,432
Jun 202401,70978.082.63$4,501
May 202401,67078.812.20$3,671
Apr 202401,65184.451.66$2,739
Mar 202402,24880.301.55$3,473
Feb 202401,82376.091.78$3,252
Jan 202402,07773.023.30$6,849
Dec 202302,10671.262.61$5,498
Nov 202301,96477.892.81$5,514
Oct 202302,09585.443.09$6,468
Sep 202302,07189.042.74$5,664
Aug 202302,00080.522.67$5,346
Jul 202302,26374.852.64$5,978
Jun 202302,04868.962.26$4,625
May 202302,16870.622.23$4,829
Apr 202302,09378.122.24$4,684
Mar 202302,48872.852.39$5,954
Feb 202302,88975.112.47$7,123
Jan 202302,31176.533.39$7,829
Dec 202202,12076.415.73$12,146
Nov 202202,10585.005.65$11,885
Oct 202202,31087.185.86$13,545
Sep 202202,23684.888.16$18,254
Aug 202202,17594.529.13$19,852
Jul 202202,381101.587.54$17,958
Jun 202202,361115.097.98$18,834
May 202202,408109.378.43$20,307
Apr 202202,238104.226.84$15,303
Mar 202202,276108.885.08$11,554
Feb 202202,08991.054.86$10,150
Jan 202202,32981.844.54$10,568
Dec 202102,24271.323.90$8,742
Nov 202102,39877.435.24$12,558
Oct 202102,45279.795.71$14,010
Sep 202102,43569.865.35$13,029
Aug 202102,41566.024.22$10,193
Jul 202102,49170.783.98$9,919
Jun 2021542,55369.493.38$12,383
May 2021452,52363.483.02$10,470
Apr 2021382,47560.362.76$9,121
Mar 2021282,58461.302.72$8,737
Feb 2021162,25657.805.55$13,441
Jan 2021462,75350.412.81$10,056
Dec 2020522,94944.642.68$10,211
Nov 2020483,10038.772.71$10,251
Oct 2020355,43036.972.48$14,752
Sep 202001,50337.091.99$2,993
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20208914.751.80$134
Mar 202002,09530.341.86$3,889
Feb 2020242,22849.881.98$5,610
Jan 2020352,37957.252.09$6,987
Dec 2019242,39059.012.30$6,924
Nov 2019262,38155.302.75$7,987
Oct 2019302,54353.472.42$7,754
Sep 2019232,44755.052.66$7,769
Aug 2019192,53653.112.30$6,853
Jul 2019112,53656.272.46$6,858
Jun 2019132,42852.782.49$6,735
May 2019252,54358.482.74$8,431
Apr 2019192,45562.632.75$7,943
Mar 2019262,48356.803.06$9,080
Feb 2019202,23350.852.79$7,252
Jan 2019142,58846.033.23$8,999
Dec 2018282,60046.594.19$12,187
Nov 2018292,60352.934.24$12,565
Oct 2018142,66461.443.40$9,913
Sep 2018112,60659.543.11$8,754
Aug 2018112,69259.403.07$8,909
Jul 2018302,62365.142.93$9,645
Jun 201892,72160.183.08$8,914
May 201872,52865.382.90$7,791
Apr 2018142,72163.842.90$8,787
Mar 2018152,81561.222.79$8,763
Feb 2018122,52861.782.77$7,734
Jan 2018132,86362.874.01$12,296
Dec 2017102,92557.272.92$9,118
Nov 2017122,83655.423.12$9,509
Oct 201792,94849.292.98$9,240
Sep 2017162,89747.523.09$9,704
Aug 201752,90645.373.00$8,958
Jul 201782,95643.873.09$9,477
Jun 201752,67842.493.09$8,480
May 201782,99145.373.26$10,124
Apr 201773,08147.933.21$10,230
Mar 2017103,17646.772.98$9,944
Feb 2017102,84450.452.95$8,902
Jan 201733,06949.413.42$10,641
Dec 201653,27148.763.72$12,421
Nov 201653,08842.492.64$8,378
Oct 201653,24646.193.09$10,262
Sep 201653,12141.553.10$9,885
Aug 201653,18041.442.92$9,507
Jul 201653,27541.622.92$9,785
Jun 201663,19345.352.69$8,848
May 201683,32542.521.99$6,960
Apr 201663,10736.561.99$6,406
Mar 201613,43033.011.79$6,186
Feb 2016173,22626.472.06$7,107
Jan 2016123,02627.352.36$7,483
Dec 2015173,31332.362.00$7,181
Nov 201593,46738.792.17$7,863
Oct 2015143,51643.552.43$9,142
Sep 201583,40242.992.76$9,728
Aug 2015103,60540.162.87$10,757
Jul 201543,65348.152.95$10,951
Jun 201583,40056.152.88$10,251
May 2015153,44955.212.96$11,022
Apr 201583,23849.822.71$9,162
Mar 201573,38042.892.93$10,220
Feb 201562,96944.662.98$9,104
Jan 20151892,84243.433.10$17,020
Dec 201462,57854.693.59$9,587
Nov 201442,90470.464.25$12,629
Oct 201463,39378.303.90$13,706
Sep 201453,30486.164.05$13,797
Aug 201463,44189.394.04$14,421
Jul 20141953,48796.564.18$33,403
Jun 2014103,39698.164.74$17,068
May 2014163,55294.734.73$18,304
Apr 2014113,49995.944.81$17,882
Mar 2014143,83295.895.06$20,720
Feb 2014123,49897.406.19$22,828
Jan 2014143,98590.404.86$20,636
Dec 2013114,04291.824.35$18,611
Nov 2013113,74088.853.74$14,959
Oct 201303,68197.423.78$13,912
Sep 201303,837104.113.72$14,265
Aug 201304,132104.253.52$14,555
Jul 201304,162102.523.72$15,473
Jun 201304,13594.403.93$16,265
May 201304,31894.834.15$17,916
Apr 201304,46393.964.28$19,113
Mar 201304,51893.623.91$17,678
Feb 201304,20991.233.42$14,394
Jan 201304,71791.603.42$16,132
Dec 20121974,63086.773.42$32,929
Nov 201204,51586.953.62$16,367
Oct 201204,76089.383.40$16,182
Sep 201204,58894.672.92$13,390
Aug 201205,04292.662.91$14,663
Jul 201205,07785.133.02$15,337
Jun 201205,03679.822.52$12,686
May 201205,15691.612.49$12,830
Apr 201205,224101.652.00$10,431
Mar 201204,989105.052.22$11,086
Feb 20121974,403101.102.57$31,233
Jan 201205,13098.092.73$14,026
Dec 201105,26196.873.24$17,044
Nov 201105,18995.723.31$17,182
Oct 201105,66084.983.65$20,651
Sep 201105,80583.623.99$23,138
Aug 201105,94083.404.15$24,647
Jul 201106,17794.144.52$27,903
Jun 201106,06292.904.64$28,127
May 201106,39698.134.40$28,173
Apr 201105,955105.964.33$25,805
Mar 201105,76596.364.06$23,391
Feb 201105,60685.644.18$23,433
Jan 20111986,36586.504.59$46,335
Dec 201006,36285.734.35$27,660
Nov 2010436,54380.843.80$28,309
Oct 201006,77878.103.51$23,783
Sep 20101935,87872.633.98$37,409
Aug 201007,26573.684.42$32,107
Jul 201007,56872.554.74$35,846
Jun 20101957,52470.364.91$50,666
May 201007,82571.124.24$33,141
Apr 201007,90981.694.12$32,606
Mar 20101948,25178.394.39$51,419
Feb 201007,73873.585.44$42,113
Jan 201008,77574.365.96$52,335
Dec 200908,82971.445.48$48,416
Nov 20091998,55474.593.75$46,934
Oct 20091859,51572.544.11$52,529
Sep 200909,89865.543.06$30,335
Aug 200918710,65167.423.22$46,888
Jul 2009011,17061.133.46$38,698
Jun 200919811,48766.163.90$57,842
May 200918712,43054.743.93$59,033
Apr 200919713,48346.773.59$57,584
Mar 200919713,69342.144.06$63,881
Feb 2009013,01932.814.63$60,317
Jan 200918813,81635.865.37$80,947
Dec 200819414,25137.105.98$92,378
Nov 200818016,29355.496.86$121,764
Oct 200818718,48975.246.92$142,050
Sep 200819219,823101.767.88$175,685
Aug 200838425,188114.228.48$257,531
Jul 200837332,152131.0811.39$415,086
Jun 200856547,282131.3313.03$690,410
May 200838753,933123.1711.57$671,903

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                1,725 Mcf  × $  3.05 =     $5,254

────────────────────────────────────────────────────
Month total                                   $5,254

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/237566 is the state's own key, not one this site invented.