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 241774District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Jul 2008 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
215
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 Gas112008-12-12187673
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
CondensateDisposition6,628 bbl$455,697
GasProduction788,932 Mcf$3,596,002
Total$4,051,699

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 35.7281, -100.3684. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72809, -100.36843 · 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
12,827 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 12,827 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-21134246336812,827 ftJul 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 (215)

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

215 months

May 20260139106.413.05$423
Apr 202604398.932.87$123
Mar 202604489.753.15$139
Feb 202606263.503.75$233
Jan 2026016459.138.00$1,312
Dec 2025011756.664.41$516
Nov 202506058.593.93$236
Oct 202506159.383.30$202
Sep 202501662.743.08$49
Aug 2025015563.933.01$467
Jul 2025014366.743.32$474
Jun 2025019966.483.13$623
May 2025032560.553.23$1,051
Apr 2025056362.363.54$1,995
Mar 2025069767.704.27$2,975
Feb 2025068170.884.34$2,956
Jan 2025056174.324.28$2,400
Dec 2024077668.993.12$2,422
Nov 2024071969.052.20$1,581
Oct 2024074371.372.28$1,695
Sep 2024076169.612.36$1,799
Aug 2024072475.632.06$1,494
Jul 2024081079.932.15$1,739
Jun 2024078578.082.63$2,068
May 2024090778.812.20$1,994
Apr 2024089884.451.66$1,490
Mar 2024092080.301.55$1,422
Feb 2024076376.091.78$1,361
Jan 2024080373.023.30$2,648
Dec 2023067371.262.61$1,757
Nov 2023074077.892.81$2,078
Oct 2023084885.443.09$2,618
Sep 2023081489.042.74$2,226
Aug 2023093180.522.67$2,488
Jul 2023092574.852.64$2,444
Jun 2023083468.962.26$1,884
May 2023091370.622.23$2,034
Apr 2023086678.122.24$1,938
Mar 2023092572.852.39$2,214
Feb 2023081875.112.47$2,017
Jan 2023080676.533.39$2,731
Dec 2022096776.415.73$5,540
Nov 2022096185.005.65$5,426
Oct 202201,12887.185.86$6,614
Sep 202201,14584.888.16$9,347
Aug 202201,03094.529.13$9,401
Jul 202201,149101.587.54$8,666
Jun 202201,040115.097.98$8,296
May 202201,076109.378.43$9,074
Apr 202201,046104.226.84$7,152
Mar 202201,065108.885.08$5,406
Feb 2022093991.054.86$4,562
Jan 2022099281.844.54$4,501
Dec 202101,01071.323.90$3,938
Nov 202101,12277.435.24$5,876
Oct 202101,02079.795.71$5,828
Sep 202101,17769.865.35$6,298
Aug 202101,32466.024.22$5,588
Jul 202101,15570.783.98$4,599
Jun 202191,41569.493.38$5,409
May 202161,39963.483.02$4,603
Apr 202161,39260.362.76$4,202
Mar 2021131,54461.302.72$4,992
Feb 2021111,08557.805.55$6,655
Jan 2021261,30650.412.81$4,981
Dec 2020351,34844.642.68$5,169
Nov 2020311,29638.772.71$4,710
Oct 2020171,37936.972.48$4,046
Sep 2020141,27037.091.99$3,048
Aug 2020111,31039.982.39$3,564
Jul 2020121,34038.371.83$2,906
Jun 2020121,36334.901.69$2,723
May 202041,39716.921.81$2,603
Apr 2020223514.751.80$454
Mar 2020251,11730.341.86$2,832
Feb 2020151,17949.881.98$3,083
Jan 2020141,26157.252.09$3,443
Dec 2019101,27859.012.30$3,535
Nov 2019191,27055.302.75$4,544
Oct 2019221,28253.472.42$4,277
Sep 201991,30255.052.66$3,955
Aug 2019211,35453.112.30$4,235
Jul 201961,47256.272.46$3,959
Jun 201991,30452.782.49$3,724
May 2019131,43858.482.74$4,701
Apr 2019111,37962.632.75$4,482
Mar 201991,31556.803.06$4,538
Feb 2019141,28750.852.79$4,305
Jan 201971,46146.033.23$5,039
Dec 2018181,48146.594.19$7,037
Nov 2018141,41252.934.24$6,724
Oct 201881,57761.443.40$5,850
Sep 2018131,53259.543.11$5,535
Aug 20181281,58159.403.07$12,451
Jul 2018151,50165.142.93$5,378
Jun 201831,30260.183.08$4,187
May 201881,59565.382.90$5,150
Apr 201851,58963.842.90$4,929
Mar 2018131,65461.222.79$5,405
Feb 20181341,49061.782.77$12,400
Jan 201881,66262.874.01$7,166
Dec 201771,72357.272.92$5,435
Nov 201741,70455.423.12$5,535
Oct 201781,79449.292.98$5,747
Sep 2017171,78447.523.09$6,316
Aug 201731,70345.373.00$5,253
Jul 201761,87043.873.09$6,036
Jun 20171901,81442.493.09$13,673
May 201741,90245.373.26$6,388
Apr 201731,83447.933.21$6,034
Mar 201791,88146.772.98$6,033
Feb 201751,71050.452.95$5,301
Jan 201731,86649.413.42$6,528
Dec 201661,83548.763.72$7,124
Nov 201661,86542.492.64$5,187
Oct 20161321,98646.193.09$12,234
Sep 2016111,92541.553.10$6,426
Aug 201652,03841.442.92$6,167
Jul 201652,03641.622.92$6,162
Jun 201681,94945.352.69$5,597
May 201682,12942.521.99$4,579
Apr 2016372,01536.561.99$5,365
Mar 201652,19833.011.79$4,108
Feb 2016122,06626.472.06$4,581
Jan 201692,11727.352.36$5,252
Dec 20151952,18832.362.00$10,689
Nov 201572,23638.792.17$5,118
Oct 201592,45543.552.43$6,349
Sep 201552,30742.992.76$6,579
Aug 201552,53240.162.87$7,474
Jul 201512,17148.152.95$6,442
Jun 201552,58956.152.88$7,744
May 2015143,01055.212.96$9,669
Apr 201562,81249.822.71$7,910
Mar 20151852,78342.892.93$16,102
Feb 201542,06644.662.98$6,327
Jan 201532,54743.433.10$8,028
Dec 201442,88254.693.59$10,569
Nov 201442,86370.464.25$12,455
Oct 201433,30878.303.90$13,139
Sep 201423,21186.164.05$13,162
Aug 20141913,45089.394.04$30,995
Jul 201473,49296.564.18$15,271
Jun 2014103,43398.164.74$17,243
May 2014103,58194.734.73$17,873
Apr 201483,36495.944.81$16,945
Mar 2014123,20095.895.06$17,332
Feb 2014103,11297.406.19$20,244
Jan 2014183,72390.404.86$19,724
Dec 2013173,98091.824.35$18,892
Nov 20131982,83388.853.74$28,183
Oct 201303,43097.423.78$12,963
Sep 201303,921104.113.72$14,577
Aug 201304,030104.253.52$14,196
Jul 201304,337102.523.72$16,124
Jun 20131744,15194.403.93$32,753
May 201304,67594.834.15$19,397
Apr 201304,69093.964.28$20,085
Mar 201304,52993.623.91$17,721
Feb 201304,48791.233.42$15,345
Jan 20131884,86091.603.42$33,842
Dec 201204,40486.773.42$15,062
Nov 201204,72286.953.62$17,117
Oct 201204,93089.383.40$16,760
Sep 201204,85194.672.92$14,157
Aug 201204,73792.662.91$13,776
Jul 20121985,18585.133.02$32,519
Jun 201205,14579.822.52$12,960
May 201205,41591.612.49$13,474
Apr 20121975,129101.652.00$30,267
Mar 201204,733105.052.22$10,517
Feb 201205,144101.102.57$13,221
Jan 201205,86998.092.73$16,046
Dec 201105,89996.873.24$19,111
Nov 20112005,36695.723.31$36,912
Oct 201106,42684.983.65$23,446
Sep 201106,62983.623.99$26,422
Aug 20111946,76783.404.15$44,258
Jul 201106,98694.144.52$31,557
Jun 201106,09092.904.64$28,257
May 20112016,34998.134.40$47,690
Apr 201106,279105.964.33$27,209
Mar 201106,11396.364.06$24,803
Feb 201105,62285.644.18$23,500
Jan 201106,82286.504.59$31,305
Dec 20101996,94585.734.35$47,255
Nov 201006,67780.843.80$25,341
Oct 201007,31978.103.51$25,682
Sep 20101987,72572.633.98$45,122
Aug 201008,35273.684.42$36,910
Jul 20101878,59172.554.74$54,258
Jun 20101978,15770.364.91$53,915
May 201007,31971.124.24$30,998
Apr 201006,60681.694.12$27,234
Mar 201007,07378.394.39$31,041
Feb 201006,62973.585.44$36,077
Jan 201007,73174.365.96$46,108
Dec 200908,08571.445.48$44,336
Nov 20091898,37274.593.75$45,505
Oct 200909,11672.544.11$37,469
Sep 20091889,35565.543.06$40,992
Aug 2009010,36767.423.22$33,366
Jul 200918911,10061.133.46$50,010
Jun 200919011,53966.163.90$57,515
May 2009013,08654.743.93$51,372
Apr 200919113,57446.773.59$57,630
Mar 200919214,55042.144.06$67,149
Feb 200919714,73632.814.63$74,735
Jan 2009017,82335.865.37$95,727
Dec 200819019,95437.105.98$126,317
Nov 20081908,41455.496.86$68,266
Oct 200818928,61875.246.92$212,314
Sep 200818936,866101.767.88$309,629
Aug 200818560,670114.228.48$535,796
Jul 200802,757131.0811.39$31,401

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                  139 Mcf  × $  3.05 =       $423

────────────────────────────────────────────────────
Month total                                     $423

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/241774 is the state's own key, not one this site invented.