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 239033District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
May 2008 – May 2026
Value, last 12 filed months
$0
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 Gas112008-12-12187671
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
CondensateDisposition4,277 bbl$363,084
GasProduction694,642 Mcf$3,767,667
Total$4,130,751

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 35.7319, -100.3914. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73185, -100.39140 · 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

42-21134190206712,800 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 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 20220094.529.13$0
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 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20174455.423.12$234
Oct 2017102349.292.98$5,037
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201511,93338.792.17$4,228
Oct 201512,86443.552.43$6,993
Sep 201512,74642.992.76$7,618
Aug 201522,87540.162.87$8,339
Jul 201502,94748.152.95$8,679
Jun 201512,96456.152.88$8,601
May 2015153,16655.212.96$10,185
Apr 201533,06049.822.71$8,432
Mar 201513,04342.892.93$8,973
Feb 201512,87744.662.98$8,607
Jan 201592,88743.433.10$9,342
Dec 2014112,73454.693.59$10,420
Nov 201493,27470.464.25$14,555
Oct 2014113,91278.303.90$16,122
Sep 2014113,83786.164.05$16,470
Aug 2014133,97289.394.04$17,190
Jul 2014274,00896.564.18$19,359
Jun 2014263,87198.164.74$20,889
May 2014324,03794.734.73$22,112
Apr 2014263,72195.944.81$20,389
Mar 2014374,04995.895.06$24,023
Feb 2014273,73297.406.19$25,738
Jan 2014344,31890.404.86$24,062
Dec 2013354,21791.824.35$21,577
Nov 2013284,00388.853.74$17,452
Oct 201303,77297.423.78$14,256
Sep 201304,353104.113.72$16,183
Aug 201303,898104.253.52$13,731
Jul 201304,259102.523.72$15,834
Jun 201304,23294.403.93$16,646
May 201304,48394.834.15$18,600
Apr 201304,36293.964.28$18,681
Mar 201304,76793.623.91$18,653
Feb 201304,47991.233.42$15,318
Jan 201304,75091.603.42$16,245
Dec 201205,20086.773.42$17,785
Nov 201205,23486.953.62$18,973
Oct 201205,39189.383.40$18,328
Sep 201205,33594.672.92$15,570
Aug 201205,57492.662.91$16,210
Jul 201205,46585.133.02$16,509
Jun 20121945,36979.822.52$29,010
May 201205,60391.612.49$13,942
Apr 201205,453101.652.00$10,889
Mar 201204,910105.052.22$10,910
Feb 201204,695101.102.57$12,067
Jan 201205,43098.092.73$14,846
Dec 20111985,40596.873.24$36,691
Nov 201105,07195.723.31$16,792
Oct 201105,82984.983.65$21,267
Sep 201105,86283.623.99$23,365
Aug 20111925,98883.404.15$40,859
Jul 201106,42794.144.52$29,032
Jun 201106,26892.904.64$29,083
May 20111946,65298.134.40$48,338
Apr 201106,468105.964.33$28,028
Mar 201106,26896.364.06$25,431
Feb 201106,08785.644.18$25,444
Jan 201107,12886.504.59$32,709
Dec 201007,59285.734.35$33,008
Nov 20101917,59780.843.80$44,274
Oct 201008,06778.103.51$28,306
Sep 201008,02072.633.98$31,915
Aug 20101917,53873.684.42$47,386
Jul 201009,06072.554.74$42,913
Jun 201008,57470.364.91$42,102
May 201008,71971.124.24$36,927
Apr 20101918,49881.694.12$50,637
Mar 201008,55778.394.39$37,554
Feb 201007,94373.585.44$43,229
Jan 2010010,34174.365.96$61,675
Dec 200919010,70571.445.48$72,277
Nov 2009010,45774.593.75$39,229
Oct 2009011,23572.544.11$46,179
Sep 2009011,56265.543.06$35,435
Aug 200918512,04067.423.22$51,223
Jul 2009012,39261.133.46$42,932
Jun 2009012,35366.163.90$48,115
May 200918713,27354.743.93$62,343
Apr 2009013,45046.773.59$48,252
Mar 2009014,10142.144.06$57,236
Feb 200919612,76632.814.63$65,576
Jan 200918713,78035.865.37$80,718
Dec 2008015,16237.105.98$90,625
Nov 200818417,02955.496.86$127,035
Oct 200818618,56775.246.92$142,515
Sep 200819420,847101.767.88$183,955
Aug 200837925,678114.228.48$261,116
Jul 200819032,600131.0811.39$396,201
Jun 200837742,697131.3313.03$605,966
May 200837,921123.1711.57$92,049

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.

Nov 2017 — as filed, then multipliedworked
Condensate             4 bbl  × $ 55.42 =       $222
Gas                    4 Mcf  × $  3.12 =        $12

────────────────────────────────────────────────────
Month total                                     $234

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/239033 is the state's own key, not one this site invented.