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 244132District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Oct 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
212
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 Gas112009-03-24189708
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
CondensateDisposition3,224 bbl$214,920
GasProduction511,957 Mcf$2,078,923
Total$2,293,843

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, -100.3700. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.74004, -100.37003 · 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
Oct 2008
1 of 1 wells

1 well

42-21134352226912,800 ftOct 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 (212)

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

212 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 202303772.852.39$89
Feb 2023048975.112.47$1,206
Jan 2023059976.533.39$2,029
Dec 2022055276.415.73$3,162
Nov 2022055685.005.65$3,139
Oct 2022061087.185.86$3,577
Sep 2022061084.888.16$4,980
Aug 2022061194.529.13$5,577
Jul 20220658101.587.54$4,963
Jun 20220635115.097.98$5,066
May 20220675109.378.43$5,692
Apr 20220851104.226.84$5,819
Mar 202201,315108.885.08$6,675
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 2021052870.783.98$2,103
Jun 2021687269.493.38$3,365
May 2021586263.483.02$2,919
Apr 2021583160.362.76$2,594
Mar 2021685061.302.72$2,677
Feb 2021755157.805.55$3,462
Jan 2021078050.412.81$2,192
Dec 2020980344.642.68$2,550
Nov 20201081438.772.71$2,591
Oct 202021,52336.972.48$3,849
Sep 202021,25837.091.99$2,579
Aug 202021,32339.982.39$3,235
Jul 202011,42738.371.83$2,643
Jun 202031,33434.901.69$2,360
May 202071,44216.921.81$2,735
Apr 2020241314.751.80$775
Mar 2020582630.341.86$1,685
Feb 2020089349.881.98$1,769
Jan 2020491357.252.09$2,142
Dec 20191095859.012.30$2,798
Nov 20191899555.302.75$3,732
Oct 2019231,05153.472.42$3,772
Sep 2019131,17655.052.66$3,841
Aug 2019191,19053.112.30$3,751
Jul 201971,17256.272.46$3,277
Jun 2019121,11852.782.49$3,419
May 2019121,23558.482.74$4,086
Apr 2019111,17162.632.75$3,910
Mar 2019251,14456.803.06$4,923
Feb 20191289850.852.79$3,118
Jan 201991,45446.033.23$5,108
Dec 201891,27346.594.19$5,747
Nov 2018101,21152.934.24$5,661
Oct 201841,23261.443.40$4,432
Sep 201871,21759.543.11$4,199
Aug 201841,24959.403.07$4,068
Jul 2018151,23565.142.93$4,598
Jun 201851,33460.183.08$4,406
May 201861,38965.382.90$4,421
Apr 201841,31163.842.90$4,058
Mar 201871,33561.222.79$4,149
Feb 201881,17761.782.77$3,750
Jan 201881,31162.874.01$5,759
Dec 201771,33557.272.92$4,301
Nov 2017101,31555.423.12$4,655
Oct 201781,44649.292.98$4,709
Sep 2017131,53347.523.09$5,351
Aug 201771,50945.373.00$4,851
Jul 201781,61343.873.09$5,331
Jun 201751,38442.493.09$4,485
May 201781,59645.373.26$5,571
Apr 201761,51447.933.21$5,150
Mar 201771,51046.772.98$4,833
Feb 2017101,36950.452.95$4,547
Jan 20171221,53149.413.42$11,262
Dec 201641,34848.763.72$5,213
Nov 201651,56542.492.64$4,351
Oct 201651,60046.193.09$5,175
Sep 201641,51741.553.10$4,870
Aug 201641,57141.442.92$4,760
Jul 201651,54341.622.92$4,720
Jun 201651,48845.352.69$4,223
May 201671,40142.521.99$3,087
Apr 201651,32336.561.99$2,817
Mar 201601,28133.011.79$2,298
Feb 2016582126.472.06$1,827
Jan 2016585527.352.36$2,158
Dec 201591,98932.362.00$4,272
Nov 201581,99138.792.17$4,625
Oct 201581,96343.552.43$5,112
Sep 201541,75942.992.76$5,024
Aug 201551,85740.162.87$5,535
Jul 201521,89648.152.95$5,680
Jun 201541,79656.152.88$5,402
May 201571,98955.212.96$6,265
Apr 201551,93249.822.71$5,478
Mar 201541,99542.892.93$6,026
Feb 201532,00544.662.98$6,101
Jan 201531,86843.433.10$5,922
Dec 201431,72854.693.59$6,370
Nov 201431,89570.464.25$8,269
Oct 201432,07478.303.90$8,325
Sep 201431,94186.164.05$8,111
Aug 201431,98989.394.04$8,294
Jul 201442,02096.564.18$8,829
Jun 201491,97198.164.74$10,220
May 201452,15794.734.73$10,669
Apr 2014102,18295.944.81$11,453
Mar 201462,39495.895.06$12,681
Feb 201452,25997.406.19$14,475
Jan 201472,72690.404.86$13,883
Dec 2013102,65291.824.35$12,466
Nov 20131742,53888.853.74$24,948
Oct 201302,63297.423.78$9,947
Sep 201302,844104.113.72$10,573
Aug 201303,025104.253.52$10,656
Jul 201303,148102.523.72$11,703
Jun 201302,84694.403.93$11,194
May 201302,98394.834.15$12,377
Apr 201302,93193.964.28$12,552
Mar 201302,89193.623.91$11,312
Feb 201302,73791.233.42$9,360
Jan 201303,02291.603.42$10,335
Dec 201203,13886.773.42$10,732
Nov 201203,14586.953.62$11,401
Oct 201203,29489.383.40$11,199
Sep 201203,22094.672.92$9,397
Aug 201203,42692.662.91$9,963
Jul 20121983,46685.133.02$27,326
Jun 201203,50679.822.52$8,832
May 201203,68791.612.49$9,174
Apr 201203,694101.652.00$7,376
Mar 201203,516105.052.22$7,813
Feb 201203,245101.102.57$8,340
Jan 201203,67598.092.73$10,048
Dec 20112023,75896.873.24$31,743
Nov 201103,74095.723.31$12,384
Oct 201103,97484.983.65$14,499
Sep 201104,38283.623.99$17,466
Aug 201104,12283.404.15$17,104
Jul 201104,64694.144.52$20,987
Jun 20111954,54292.904.64$39,190
May 201104,86898.134.40$21,443
Apr 201105,044105.964.33$21,857
Mar 201104,85496.364.06$19,694
Feb 201104,64785.644.18$19,424
Jan 201105,25086.504.59$24,091
Dec 201005,32985.734.35$23,169
Nov 201005,59680.843.80$21,239
Oct 201005,79578.103.51$20,334
Sep 20101955,65072.633.98$36,647
Aug 201005,89973.684.42$26,070
Jul 201006,32572.554.74$29,958
Jun 201006,32770.364.91$31,068
May 20101976,53671.124.24$41,692
Apr 201006,78781.694.12$27,981
Mar 201007,26278.394.39$31,871
Feb 201006,74373.585.44$36,698
Jan 20101967,53174.365.96$59,490
Dec 200907,78171.445.48$42,669
Nov 20091937,52374.593.75$42,618
Oct 200908,06172.544.11$33,133
Sep 200907,96865.543.06$24,420
Aug 20091878,91367.423.22$41,294
Jul 200909,94761.133.46$34,461
Jun 200918910,73866.163.90$54,329
May 2009011,91854.743.93$46,787
Apr 200918612,08846.773.59$52,065
Mar 200918412,44042.144.06$58,248
Feb 200919611,79532.814.63$61,077
Jan 2009014,71435.865.37$79,029
Dec 2008015,31837.105.98$91,558
Nov 2008019,48955.496.86$133,702
Oct 2008010,77575.246.92$74,584

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 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 72.85 =         $0
Gas                   37 Mcf  × $  2.39 =        $89

────────────────────────────────────────────────────
Month total                                      $89

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/244132 is the state's own key, not one this site invented.