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 237567District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Apr 2008 – May 2026
Value, last 12 filed months
$60 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 Gas112008-09-18185475
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
CondensateDisposition4,892 bbl$391,693
GasProduction896,604 Mcf$4,719,600
Total$5,111,294

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 35.7280, -100.3751. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72799, -100.37511 · 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
Apr 2008
1 of 1 wells

1 well

42-21134138266812,800 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 202601,251106.413.05$3,810
Apr 202601,52898.932.87$4,385
Mar 2026098789.753.15$3,109
Feb 202601,21663.503.75$4,560
Jan 202601,35659.138.00$10,845
Dec 202501,39256.664.41$6,143
Nov 202501,42258.593.93$5,583
Oct 2025099059.383.30$3,272
Sep 202501,41562.743.08$4,354
Aug 202501,49663.933.01$4,510
Jul 202501,51866.743.32$5,032
Jun 202501,50966.483.13$4,721
May 202501,58160.553.23$5,110
Apr 202501,47862.363.54$5,237
Mar 202501,47267.704.27$6,283
Feb 202501,23570.884.34$5,361
Jan 202501,39274.324.28$5,956
Dec 202401,62368.993.12$5,066
Nov 202401,50369.052.20$3,304
Oct 202401,76171.372.28$4,018
Sep 202401,82369.612.36$4,310
Aug 202401,79475.632.06$3,702
Jul 202401,76079.932.15$3,778
Jun 202401,45978.082.63$3,843
May 202401,77178.812.20$3,893
Apr 202401,50984.451.66$2,504
Mar 202401,50180.301.55$2,319
Feb 202401,50376.091.78$2,681
Jan 202401,68073.023.30$5,540
Dec 202301,58371.262.61$4,133
Nov 202301,54877.892.81$4,346
Oct 202301,60385.443.09$4,949
Sep 202301,55889.042.74$4,261
Aug 202301,68080.522.67$4,490
Jul 202301,72874.852.64$4,565
Jun 202301,76668.962.26$3,988
May 202301,82370.622.23$4,061
Apr 202301,71678.122.24$3,840
Mar 202301,70272.852.39$4,073
Feb 202301,57575.112.47$3,883
Jan 202301,81676.533.39$6,152
Dec 202201,82776.415.73$10,467
Nov 202201,82385.005.65$10,293
Oct 202202,03087.185.86$11,903
Sep 202201,96284.888.16$16,017
Aug 2022101,98294.529.13$19,035
Jul 202201,918101.587.54$14,466
Jun 202201,888115.097.98$15,061
May 202201,895109.378.43$15,981
Apr 202201,872104.226.84$12,800
Mar 202201,941108.885.08$9,853
Feb 202201,74091.054.86$8,454
Jan 202201,90681.844.54$8,649
Dec 202101,81571.323.90$7,077
Nov 202101,76277.435.24$9,227
Oct 202102,02679.795.71$11,576
Sep 202102,22069.865.35$11,879
Aug 202102,24366.024.22$9,467
Jul 202102,23070.783.98$8,880
Jun 20211326469.493.38$1,796
May 2021111,89263.483.02$6,408
Apr 202161,85760.362.76$5,485
Mar 2021132,32361.302.72$7,108
Feb 2021572557.805.55$4,311
Jan 202171,99450.412.81$5,957
Dec 2020122,16744.642.68$6,333
Nov 2020122,07838.772.71$6,089
Oct 202082,00736.972.48$5,270
Sep 202042,00037.091.99$4,130
Aug 202051,96839.982.39$4,894
Jul 202022,18538.371.83$4,065
Jun 202032,22134.901.69$3,859
May 202022,44916.921.81$4,478
Apr 2020177214.751.80$1,408
Mar 2020241,73030.341.86$3,939
Feb 2020231,83249.881.98$4,776
Jan 2020171,86657.252.09$4,882
Dec 2019111,88059.012.30$4,981
Nov 2019151,83755.302.75$5,883
Oct 2019171,97953.472.42$5,695
Sep 2019111,90155.052.66$5,657
Aug 2019141,97453.112.30$5,292
Jul 201961,98056.272.46$5,209
Jun 2019111,87352.782.49$5,247
May 2019141,92258.482.74$6,086
Apr 2019111,92462.632.75$5,981
Mar 2019101,90556.803.06$6,401
Feb 2019161,77950.852.79$5,781
Jan 2019102,04846.033.23$7,072
Dec 2018132,06846.594.19$9,261
Nov 2018182,06752.934.24$9,711
Oct 201882,15761.443.40$7,821
Sep 2018122,16959.543.11$7,456
Aug 201892,39759.403.07$7,885
Jul 2018242,39365.142.93$8,579
Jun 201862,38060.183.08$7,684
May 201882,20165.382.90$6,908
Apr 201882,22063.842.90$6,951
Mar 2018122,22261.222.79$6,927
Feb 2018111,97861.782.77$6,151
Jan 201892,15462.874.01$9,202
Dec 201772,18557.272.92$6,784
Nov 201762,16755.423.12$7,090
Oct 201772,25949.292.98$7,085
Sep 2017122,24747.523.09$7,507
Aug 201752,37345.373.00$7,356
Jul 201762,61543.873.09$8,336
Jun 201752,50542.493.09$7,946
May 201762,46045.373.26$8,300
Apr 201742,27347.933.21$7,492
Mar 201762,33846.772.98$7,256
Feb 201772,10150.452.95$6,557
Jan 201732,30549.413.42$8,029
Dec 201642,21448.763.72$8,437
Nov 201692,27742.492.64$6,404
Oct 201692,39346.193.09$7,811
Sep 201682,28941.553.10$7,430
Aug 201672,47941.442.92$7,540
Jul 201692,41541.622.92$7,437
Jun 201692,37245.352.69$6,779
May 2016132,47542.521.99$5,481
Apr 2016112,34536.561.99$5,071
Mar 201612,43233.011.79$4,396
Feb 2016192,35226.472.06$5,357
Jan 2016152,41027.352.36$6,108
Dec 2015162,44232.362.00$5,405
Nov 2015122,47038.792.17$5,819
Oct 2015162,47743.552.43$6,707
Sep 201582,43942.992.76$7,072
Aug 201592,57640.162.87$7,761
Jul 201542,55248.152.95$7,708
Jun 201562,38356.152.88$7,207
May 2015122,50755.212.96$8,072
Apr 201552,63549.822.71$7,381
Mar 201542,48442.892.93$7,461
Feb 20151583,11444.662.98$16,324
Jan 201582,91243.433.10$9,376
Dec 201472,75454.693.59$10,273
Nov 201452,92770.464.25$12,797
Oct 201463,31878.303.90$13,413
Sep 201463,27486.164.05$13,762
Aug 20141933,42889.394.04$31,085
Jul 2014123,56096.564.18$16,038
Jun 2014113,40398.164.74$17,199
May 2014153,52294.734.73$18,068
Apr 2014133,34395.944.81$17,324
Mar 2014173,15095.895.06$17,559
Feb 2014122,91697.406.19$19,225
Jan 20142073,79590.404.86$37,159
Dec 2013183,19691.824.35$15,570
Nov 2013153,54088.853.74$14,566
Oct 201303,32697.423.78$12,570
Sep 201303,747104.113.72$13,930
Aug 201304,557104.253.52$16,053
Jul 20131883,791102.523.72$33,368
Jun 201303,78294.403.93$14,876
May 201304,03594.834.15$16,742
Apr 201303,97793.964.28$17,032
Mar 201303,97393.623.91$15,546
Feb 201303,66491.233.42$12,531
Jan 20131924,15791.603.42$31,804
Dec 201204,30886.773.42$14,734
Nov 201204,32686.953.62$15,682
Oct 201204,37889.383.40$14,884
Sep 201204,40394.672.92$12,850
Aug 201204,50792.662.91$13,107
Jul 201204,70485.133.02$14,210
Jun 20121954,73879.822.52$27,500
May 201205,02191.612.49$12,494
Apr 201205,068101.652.00$10,120
Mar 201204,555105.052.22$10,122
Feb 201203,760101.102.57$9,664
Jan 201204,78798.092.73$13,088
Dec 201103,77096.873.24$12,214
Nov 201103,89095.723.31$12,881
Oct 20111984,45784.983.65$33,088
Sep 201104,09183.623.99$16,306
Aug 201104,14283.404.15$17,186
Jul 201104,48594.144.52$20,260
Jun 201104,45092.904.64$20,647
May 201104,70698.134.40$20,729
Apr 20112004,691105.964.33$41,519
Mar 201104,62496.364.06$18,761
Feb 201105,71285.644.18$23,876
Jan 201105,05386.504.59$23,187
Dec 201005,33685.734.35$23,200
Nov 20101945,44580.843.80$36,349
Oct 201005,79078.103.51$20,316
Sep 201006,15572.633.98$24,494
Aug 201006,63073.684.42$29,300
Jul 201007,00572.554.74$33,179
Jun 20101877,07770.364.91$47,908
May 201007,35071.124.24$31,129
Apr 201007,45981.694.12$30,751
Mar 201007,95178.394.39$34,894
Feb 201007,45473.585.44$40,567
Jan 201008,45374.365.96$50,414
Dec 20091958,83471.445.48$62,374
Nov 200909,28174.593.75$34,818
Oct 200909,93372.544.11$40,827
Sep 200918810,19765.543.06$43,573
Aug 2009010,91467.423.22$35,127
Jul 200919811,32261.133.46$51,329
Jun 2009011,35866.163.90$44,239
May 2009012,30254.743.93$48,295
Apr 2009012,39646.773.59$44,471
Mar 2009012,71142.144.06$51,594
Feb 200918911,52432.814.63$59,592
Jan 2009012,97935.865.37$69,710
Dec 200818813,83937.105.98$89,692
Nov 2008016,07955.496.86$110,308
Oct 200819217,73275.246.92$137,187
Sep 200818919,388101.767.88$171,954
Aug 200818822,629114.228.48$213,436
Jul 200818828,794131.0811.39$352,590
Jun 200818838,118131.3313.03$521,468
May 200819056,385123.1711.57$676,019
Apr 200806,910110.3110.45$72,243

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                1,251 Mcf  × $  3.05 =     $3,810

────────────────────────────────────────────────────
Month total                                   $3,810

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/237567 is the state's own key, not one this site invented.