HOBART 59

Operated by BCE-MACH III LLC (P-5 40209) in the BUFFALO WALLOW (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 239610District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jun 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
216
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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered
1974-09-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2016-03-29.

The Commission's schedule remark for this field reads: 01-30-2024

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 Gas112009-04-09189606
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
CondensateDisposition1,725 bbl$134,233
GasProduction303,611 Mcf$1,598,405
Total$1,732,638

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 35.7400, -100.3405. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.74003, -100.34051 · 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
12,807 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 12,807 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-21134205512,807 ftJun 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 (216)

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

216 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 2020038630.341.86$717
Feb 2020039749.881.98$786
Jan 2020044557.252.09$932
Dec 2019044359.012.30$1,021
Nov 2019042955.302.75$1,180
Oct 2019042353.472.42$1,023
Sep 2019042055.052.66$1,116
Aug 2019045153.112.30$1,039
Jul 2019045556.272.46$1,119
Jun 2019043752.782.49$1,089
May 2019044158.482.74$1,208
Apr 2019040562.632.75$1,114
Mar 2019048956.803.06$1,497
Feb 2019235450.852.79$1,090
Jan 2019037246.033.23$1,201
Dec 2018041446.594.19$1,733
Nov 2018141852.934.24$1,824
Oct 2018046461.443.40$1,577
Sep 2018045059.543.11$1,399
Aug 2018048159.403.07$1,475
Jul 2018047865.142.93$1,401
Jun 2018246860.183.08$1,560
May 2018040265.382.90$1,166
Apr 2018033663.842.90$975
Mar 2018138061.222.79$1,120
Feb 2018028661.782.77$791
Jan 2018033362.874.01$1,335
Dec 2017037657.272.92$1,098
Nov 2017035655.423.12$1,110
Oct 2017041649.292.98$1,241
Sep 2017038847.523.09$1,198
Aug 2017042745.373.00$1,283
Jul 2017043143.873.09$1,331
Jun 2017039842.493.09$1,229
May 2017045345.373.26$1,478
Apr 2017042347.933.21$1,359
Mar 2017040146.772.98$1,196
Feb 2017037150.452.95$1,095
Jan 2017040749.413.42$1,391
Dec 2016042748.763.72$1,590
Nov 2016045042.492.64$1,190
Oct 20168141746.193.09$5,030
Sep 2016247541.553.10$1,556
Aug 2016050441.442.92$1,474
Jul 2016048441.622.92$1,415
Jun 2016049545.352.69$1,329
May 2016051042.521.99$1,015
Apr 2016048436.561.99$964
Mar 2016052033.011.79$933
Feb 2016047626.472.06$982
Jan 2016156527.352.36$1,363
Dec 2015166032.362.00$1,353
Nov 2015071138.792.17$1,541
Oct 2015174343.552.43$1,847
Sep 2015178042.992.76$2,195
Aug 2015183040.162.87$2,424
Jul 2015383048.152.95$2,589
Jun 2015484356.152.88$2,655
May 20155590555.212.96$5,711
Apr 2015480549.822.71$2,378
Mar 2015589542.892.93$2,841
Feb 2015283444.662.98$2,571
Jan 2015494243.433.10$3,095
Dec 2014494054.693.59$3,595
Nov 2014299870.464.25$4,384
Oct 2014481,12778.303.90$8,155
Sep 201411,03386.164.05$4,265
Aug 201411,11789.394.04$4,597
Jul 201411,06896.564.18$4,560
Jun 201411,05398.164.74$5,086
May 2014791,13794.734.73$12,858
Apr 2014395195.944.81$4,861
Mar 201481,15195.895.06$6,588
Feb 201401,14097.406.19$7,059
Jan 2014121,67390.404.86$9,217
Dec 2013232,02391.824.35$10,921
Nov 2013131,72088.853.74$7,585
Oct 201302,05397.423.78$7,759
Sep 201302,140104.113.72$7,956
Aug 201302,350104.253.52$8,278
Jul 20131872,489102.523.72$28,425
Jun 201302,22494.403.93$8,748
May 201302,45494.834.15$10,182
Apr 201302,36593.964.28$10,128
Mar 201302,52993.623.91$9,896
Feb 201302,21691.233.42$7,579
Jan 201302,55491.603.42$8,734
Dec 201201,65786.773.42$5,667
Nov 201201,84186.953.62$6,674
Oct 201202,27389.383.40$7,727
Sep 20122011,83094.672.92$24,369
Aug 201201,61492.662.91$4,694
Jul 201201,87185.133.02$5,652
Jun 201201,54079.822.52$3,879
May 201201,97091.612.49$4,902
Apr 20121982,265101.652.00$24,649
Mar 201202,217105.052.22$4,926
Feb 201202,221101.102.57$5,709
Jan 201202,29398.092.73$6,269
Dec 201101,88996.873.24$6,120
Nov 201102,61595.723.31$8,659
Oct 201103,02984.983.65$11,051
Sep 201102,73283.623.99$10,889
Aug 201102,59983.404.15$10,784
Jul 201103,21594.144.52$14,523
Jun 201102,49092.904.64$11,553
May 201102,00198.134.40$8,814
Apr 201102,228105.964.33$9,655
Mar 201102,06996.364.06$8,395
Feb 201101,78685.644.18$7,465
Jan 201102,70686.504.59$12,417
Dec 201002,71885.734.35$11,817
Nov 201002,50580.843.80$9,507
Oct 201002,76178.103.51$9,688
Sep 201002,79572.633.98$11,123
Aug 201003,35373.684.42$14,818
Jul 201003,44572.554.74$16,317
Jun 201003,30870.364.91$16,244
May 201004,35371.124.24$18,436
Apr 201003,50281.694.12$14,438
Mar 201003,86178.394.39$16,945
Feb 201003,45073.585.44$18,776
Jan 201004,24874.365.96$25,335
Dec 20091903,25071.445.48$31,396
Nov 200903,69874.593.75$13,873
Oct 200903,94472.544.11$16,211
Sep 200904,28765.543.06$13,139
Aug 20091904,68967.423.22$27,901
Jul 200905,00261.133.46$17,329
Jun 200906,01066.163.90$23,409
May 200906,42554.743.93$25,223
Apr 20092037,44446.773.59$36,200
Mar 200907,35442.144.06$29,850
Feb 200906,05232.814.63$28,039
Jan 200903,29735.865.37$17,708
Dec 200804,20937.105.98$25,158
Nov 200805,21055.496.86$35,742
Oct 20081897,22675.246.92$64,239
Sep 2008010,613101.767.88$83,600
Aug 2008017,519114.228.48$148,614
Jul 2008017,692131.0811.39$201,502
Jun 2008014,246131.3313.03$185,663

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.

Mar 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.34 =         $0
Gas                  386 Mcf  × $  1.86 =       $717

────────────────────────────────────────────────────
Month total                                     $717

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/239610 is the state's own key, not one this site invented.