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 245615District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Nov 2008 – May 2026
Value, last 12 filed months
$74 k
at the published price for each month
Months reported
211
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 Gas112009-05-01190938
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
CondensateDisposition4,349 bbl$294,244
GasProduction768,082 Mcf$3,042,541
Total$3,336,785

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 35.7447, -100.3703. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.74471, -100.37030 · 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
Nov 2008
1 of 1 wells

1 well

42-21134358236912,800 ftNov 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 (211)

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

211 months

May 202601,594106.413.05$4,855
Apr 202601,88998.932.87$5,421
Mar 202601,28089.753.15$4,031
Feb 202601,51663.503.75$5,685
Jan 202601,65059.138.00$13,197
Dec 202501,74756.664.41$7,710
Nov 202501,69258.593.93$6,644
Oct 202501,49359.383.30$4,934
Sep 202501,73062.743.08$5,323
Aug 202501,68963.933.01$5,092
Jul 202501,75366.743.32$5,812
Jun 202501,71566.483.13$5,366
May 202501,81360.553.23$5,860
Apr 202501,69962.363.54$6,020
Mar 202501,83167.704.27$7,815
Feb 202501,55670.884.34$6,754
Jan 202501,67474.324.28$7,163
Dec 202401,80368.993.12$5,628
Nov 202401,78769.052.20$3,929
Oct 202401,84671.372.28$4,211
Sep 202401,79669.612.36$4,246
Aug 202401,35375.632.06$2,792
Jul 202401,75779.932.15$3,772
Jun 202401,67078.082.63$4,399
May 202401,84878.812.20$4,063
Apr 202401,79284.451.66$2,973
Mar 202401,86080.301.55$2,874
Feb 202401,74576.091.78$3,112
Jan 202402,07373.023.30$6,836
Dec 202301,73271.262.61$4,522
Nov 202301,73277.892.81$4,863
Oct 202301,77985.443.09$5,492
Sep 202301,82289.042.74$4,983
Aug 202301,89480.522.67$5,062
Jul 202301,86974.852.64$4,938
Jun 202301,78768.962.26$4,036
May 202301,85870.622.23$4,139
Apr 202301,79478.122.24$4,015
Mar 202301,83572.852.39$4,391
Feb 202301,67075.112.47$4,118
Jan 202301,77876.533.39$6,023
Dec 202201,68676.415.73$9,659
Nov 202201,65185.005.65$9,322
Oct 202202,08887.185.86$12,244
Sep 202202,04284.888.16$16,670
Aug 202202,06194.529.13$18,811
Jul 202202,096101.587.54$15,808
Jun 202202,021115.097.98$16,122
May 202202,045109.378.43$17,246
Apr 202201,919104.226.84$13,121
Mar 202202,042108.885.08$10,366
Feb 202201,82591.054.86$8,867
Jan 202201,97581.844.54$8,962
Dec 202101,93571.323.90$7,545
Nov 202102,00977.435.24$10,521
Oct 202102,09979.795.71$11,993
Sep 202102,10569.865.35$11,264
Aug 202101,90966.024.22$8,057
Jul 202101,62970.783.98$6,487
Jun 2021261,58869.493.38$7,175
May 2021131,57063.483.02$5,563
Apr 2021372,09560.362.76$8,012
Mar 2021332,11861.302.72$7,777
Feb 2021271,78157.805.55$11,442
Jan 202102,14250.412.81$6,020
Dec 2020552,10944.642.68$8,098
Nov 202002,10038.772.71$5,684
Oct 2020292,32436.972.48$6,832
Sep 2020222,06137.091.99$4,920
Aug 2020202,13039.982.39$5,880
Jul 2020232,18338.371.83$4,867
Jun 2020322,14234.901.69$4,737
May 2020332,47316.921.81$5,046
Apr 202091,11014.751.80$2,136
Mar 2020181,82530.341.86$3,934
Feb 2020301,94449.881.98$5,347
Jan 2020282,04557.252.09$5,887
Dec 2019282,02959.012.30$6,328
Nov 2019222,05155.302.75$6,858
Oct 2019292,18053.472.42$6,823
Sep 2019182,08555.052.66$6,531
Aug 2019202,08853.112.30$5,874
Jul 201982,12556.272.46$5,678
Jun 2019142,02152.782.49$5,774
May 2019182,10858.482.74$6,829
Apr 2019142,06562.632.75$6,557
Mar 2019173,11256.803.06$10,495
Feb 2019231,94450.852.79$6,598
Jan 2019152,22746.033.23$7,880
Dec 2018192,22946.594.19$10,215
Nov 2018202,17052.934.24$10,253
Oct 201882,24861.443.40$8,130
Sep 2018132,18359.543.11$7,559
Aug 201892,28659.403.07$7,545
Jul 2018272,15265.142.93$8,068
Jun 201862,28160.183.08$7,380
May 201862,29165.382.90$7,038
Apr 201872,46263.842.90$7,589
Mar 2018102,41761.222.79$7,348
Feb 2018102,21261.782.77$6,736
Jan 2018112,62662.874.01$11,220
Dec 201772,37757.272.92$7,345
Nov 2017102,56955.423.12$8,565
Oct 201752,64849.292.98$8,147
Sep 2017122,63547.523.09$8,705
Aug 201752,70045.373.00$8,339
Jul 201772,70843.873.09$8,667
Jun 201752,39942.493.09$7,619
May 201772,69945.373.26$9,126
Apr 201752,65547.933.21$8,766
Mar 201772,58846.772.98$8,049
Feb 201772,44450.452.95$7,569
Jan 201722,61849.413.42$9,049
Dec 201642,59848.763.72$9,867
Nov 201642,62442.492.64$7,109
Oct 201652,72746.193.09$8,658
Sep 201652,68541.553.10$8,533
Aug 201642,51741.442.92$7,526
Jul 201652,44341.622.92$7,352
Jun 201652,49145.352.69$6,917
May 201672,55242.521.99$5,379
Apr 201652,43136.561.99$5,023
Mar 201612,61833.011.79$4,730
Feb 2016122,43026.472.06$5,332
Jan 201692,35527.352.36$5,814
Dec 201592,60632.362.00$5,507
Nov 201582,54538.792.17$5,826
Oct 201592,94243.552.43$7,531
Sep 201552,82942.992.76$8,019
Aug 201542,95440.162.87$8,646
Jul 201522,97348.152.95$8,852
Jun 201532,59256.152.88$7,641
May 201572,20955.212.96$6,915
Apr 201542,35549.822.71$6,573
Mar 201542,59942.892.93$7,799
Feb 201532,58244.662.98$7,819
Jan 201542,39243.433.10$7,590
Dec 201452,03154.693.59$7,568
Nov 201432,42470.464.25$10,518
Oct 201432,69378.303.90$10,740
Sep 201432,71586.164.05$11,242
Aug 201432,76289.394.04$11,413
Jul 201442,79296.564.18$12,056
Jun 20141852,79098.164.74$31,376
May 201463,00494.734.73$14,767
Apr 201452,87595.944.81$14,306
Mar 201462,92595.895.06$15,366
Feb 201452,69197.406.19$17,150
Jan 201463,28990.404.86$16,529
Dec 201373,01991.824.35$13,789
Nov 201362,79388.853.74$10,974
Oct 201302,68597.423.78$10,148
Sep 201302,952104.113.72$10,975
Aug 201303,194104.253.52$11,251
Jul 201303,157102.523.72$11,737
Jun 201303,12894.403.93$12,304
May 201303,31494.834.15$13,750
Apr 201303,34293.964.28$14,312
Mar 201303,41393.623.91$13,355
Feb 201303,50591.233.42$11,987
Jan 201302,51891.603.42$8,611
Dec 201202,65586.773.42$9,081
Nov 201202,88886.953.62$10,469
Oct 20121993,73989.383.40$30,498
Sep 201202,73394.672.92$7,976
Aug 201203,42592.662.91$9,960
Jul 201203,93485.133.02$11,884
Jun 201203,54779.822.52$8,935
May 20121983,92291.612.49$27,898
Apr 201203,690101.652.00$7,368
Mar 201203,462105.052.22$7,693
Feb 201203,092101.102.57$7,947
Jan 201203,69998.092.73$10,113
Dec 20112023,70596.873.24$31,571
Nov 201104,15995.723.31$13,772
Oct 201104,66484.983.65$17,017
Sep 201104,72983.623.99$18,849
Aug 201104,79683.404.15$19,900
Jul 201104,93394.144.52$22,284
Jun 201104,69492.904.64$21,780
May 201105,08098.134.40$22,376
Apr 20111925,022105.964.33$42,106
Mar 201104,67296.364.06$18,956
Feb 201104,93985.644.18$20,645
Jan 20112005,62986.504.59$43,130
Dec 201006,01485.734.35$26,147
Nov 201006,15680.843.80$23,364
Oct 201006,74078.103.51$23,650
Sep 20101896,94772.633.98$41,372
Aug 201007,16173.684.42$31,647
Jul 201007,37472.554.74$34,927
Jun 20101897,20170.364.91$48,658
May 201007,67171.124.24$32,488
Apr 201007,63881.694.12$31,489
Mar 20101948,19778.394.39$51,182
Feb 201007,41273.585.44$40,339
Jan 20101998,42174.365.96$65,021
Dec 200908,95171.445.48$49,085
Nov 200908,71874.593.75$32,706
Oct 20091879,68272.544.11$53,360
Sep 2009010,59765.543.06$32,477
Aug 200918612,07567.423.22$51,404
Jul 2009012,78461.133.46$44,290
Jun 200919013,08566.163.90$63,536
May 200918214,90754.743.93$68,484
Apr 200919715,16146.773.59$63,604
Mar 2009016,37442.144.06$66,462
Feb 200938416,78732.814.63$90,373
Jan 2009021,35535.865.37$114,698
Dec 2008033,80737.105.98$202,069
Nov 2008030,28955.496.86$207,793

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                1,594 Mcf  × $  3.05 =     $4,855

────────────────────────────────────────────────────
Month total                                   $4,855

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/245615 is the state's own key, not one this site invented.