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 241777District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Jul 2008 – May 2026
Value, last 12 filed months
$0
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 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 Gas112009-03-24189711
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
CondensateDisposition3,728 bbl$286,995
GasProduction455,135 Mcf$2,528,067
Total$2,815,062

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 35.7371, -100.3436. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73715, -100.34357 · 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
12,810 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 12,810 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-21134109312,810 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 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 20223094.529.13$284
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 201991053.472.42$505
Sep 20190055.052.66$0
Aug 20190753.112.30$16
Jul 201901456.272.46$34
Jun 201901452.782.49$35
May 2019021658.482.74$592
Apr 2019034262.632.75$941
Mar 2019037756.803.06$1,154
Feb 2019015850.852.79$441
Jan 201901,00846.033.23$3,254
Dec 201801,03846.594.19$4,344
Nov 20181283352.934.24$4,165
Oct 2018688761.443.40$3,383
Sep 20181379559.543.11$3,245
Aug 2018089659.403.07$2,748
Jul 201801,05565.142.93$3,093
Jun 2018199160.183.08$3,109
May 201811,10665.382.90$3,274
Apr 201831,05163.842.90$3,240
Mar 201871,06461.222.79$3,394
Feb 201851,12761.782.77$3,426
Jan 201811,10762.874.01$4,501
Dec 201711,12557.272.92$3,344
Nov 201711,10955.423.12$3,514
Oct 201701,22949.292.98$3,667
Sep 201751,20647.523.09$3,961
Aug 201721,29945.373.00$3,993
Jul 201731,42043.873.09$4,516
Jun 201741,27542.493.09$4,106
May 201771,32245.373.26$4,632
Apr 201751,26447.933.21$4,299
Mar 201761,29446.772.98$4,142
Feb 201741,14850.452.95$3,591
Jan 201721,24749.413.42$4,362
Dec 201661,30148.763.72$5,136
Nov 2016121,23442.492.64$3,773
Oct 20161691,18846.193.09$11,477
Sep 201691,37741.553.10$4,644
Aug 201661,47341.442.92$4,556
Jul 2016101,40741.622.92$4,531
Jun 201691,38245.352.69$4,120
May 2016181,31742.521.99$3,388
Apr 2016111,28236.561.99$2,955
Mar 2016191,42233.011.79$3,178
Feb 2016131,32626.472.06$3,080
Jan 201661,39027.352.36$3,451
Dec 2015151,57932.362.00$3,646
Nov 201561,37538.792.17$3,213
Oct 201571,41443.552.43$3,736
Sep 201531,36042.992.76$3,880
Aug 201511,51740.162.87$4,398
Jul 201541,47848.152.95$4,545
Jun 201581,46856.152.88$4,681
May 20151471,51855.212.96$12,602
Apr 201571,43149.822.71$4,222
Mar 201531,50142.892.93$4,534
Feb 201551,38944.662.98$4,357
Jan 201571,58243.433.10$5,209
Dec 20141901,53554.693.59$15,904
Nov 201431,60170.464.25$7,019
Oct 201431,63478.303.90$6,609
Sep 201431,58186.164.05$6,654
Aug 201451,53989.394.04$6,657
Jul 201451,63996.564.18$7,333
Jun 201451,67098.164.74$8,401
May 2014121,83894.734.73$9,824
Apr 201491,82295.944.81$9,626
Mar 2014152,03495.895.06$11,724
Feb 20141951,19797.406.19$26,405
Jan 2014162,16590.404.86$11,970
Dec 2013281,62991.824.35$9,664
Nov 2013241,91588.853.74$9,291
Oct 20131901,15097.423.78$22,856
Sep 201301,296104.113.72$4,818
Aug 20130897104.253.52$3,160
Jul 201301,181102.523.72$4,391
Jun 201301,11494.403.93$4,382
May 20131911,50894.834.15$24,369
Apr 201301,64993.964.28$7,062
Mar 201301,33693.623.91$5,228
Feb 201301,09491.233.42$3,741
Jan 20131861,29391.603.42$21,460
Dec 201201,70186.773.42$5,818
Nov 201201,02486.953.62$3,712
Oct 20121012,10189.383.40$16,170
Sep 201203,55194.672.92$10,363
Aug 201204,60592.662.91$13,392
Jul 201203,80385.133.02$11,488
Jun 201204,74179.822.52$11,943
May 20121983,29091.612.49$26,325
Apr 201202,817101.652.00$5,625
Mar 201202,120105.052.22$4,711
Feb 201202,660101.102.57$6,837
Jan 20122032,81598.092.73$27,609
Dec 201104,54196.873.24$14,712
Nov 201102,15095.723.31$7,119
Oct 201103,18384.983.65$11,613
Sep 201103,64583.623.99$14,528
Aug 201104,68483.404.15$19,435
Jul 201103,71194.144.52$16,763
Jun 201104,27592.904.64$19,835
May 20112005,96098.134.40$45,879
Apr 201104,021105.964.33$17,424
Mar 201103,50296.364.06$14,209
Feb 201102,52985.644.18$10,571
Jan 201102,92586.504.59$13,422
Dec 201003,05285.734.35$13,269
Nov 201003,52580.843.80$13,379
Oct 201003,42278.103.51$12,007
Sep 201003,48672.633.98$13,872
Aug 201004,42673.684.42$19,560
Jul 20101924,53672.554.74$35,414
Jun 201005,08370.364.91$24,960
May 201002,45671.124.24$10,402
Apr 201004,77481.694.12$19,682
Mar 201004,27778.394.39$18,770
Feb 201004,12273.585.44$22,433
Jan 201005,31174.365.96$31,675
Dec 200903,40371.445.48$18,661
Nov 20092004,39974.593.75$31,421
Oct 200904,69472.544.11$19,294
Sep 20091885,01365.543.06$27,685
Aug 200905,26767.423.22$16,952
Jul 200905,83961.133.46$20,229
Jun 20091926,16666.163.90$36,719
May 200906,88254.743.93$27,017
Apr 20091896,40646.773.59$31,821
Mar 200907,70642.144.06$31,279
Feb 200906,59632.814.63$30,559
Jan 200909,05735.865.37$48,645
Dec 2008010,19037.105.98$60,907
Nov 2008012,08555.496.86$82,907
Oct 200819114,38775.246.92$113,957
Sep 200819024,003101.767.88$208,408
Aug 2008041,126114.228.48$348,873
Jul 2008254,030131.0811.39$615,633

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.

Aug 2022 — as filed, then multipliedworked
Condensate             3 bbl  × $ 94.52 =       $284
Gas                    0 Mcf  × $  9.13 =         $0

────────────────────────────────────────────────────
Month total                                     $284

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/241777 is the state's own key, not one this site invented.