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 245616District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Nov 2008 – May 2026
Value, last 12 filed months
$40 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 Gas112009-05-01190937
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
CondensateDisposition7,910 bbl$495,980
GasProduction1,198,175 Mcf$4,581,208
Total$5,077,188

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 35.7223, -100.3731. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72229, -100.37312 · 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

42-21134248346812,800 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026068463.503.75$2,565
Jan 202601,18059.138.00$9,438
Dec 202501,15256.664.41$5,084
Nov 202501,14358.593.93$4,488
Oct 202501,08859.383.30$3,596
Sep 202501,21662.743.08$3,742
Aug 202501,17963.933.01$3,554
Jul 202501,25366.743.32$4,154
Jun 202501,23666.483.13$3,867
May 202501,29760.553.23$4,192
Apr 202501,17162.363.54$4,149
Mar 202501,31067.704.27$5,592
Feb 202501,14970.884.34$4,988
Jan 202501,15374.324.28$4,933
Dec 202401,23468.993.12$3,852
Nov 202401,17869.052.20$2,590
Oct 202401,29271.372.28$2,948
Sep 202401,34369.612.36$3,175
Aug 202401,19875.632.06$2,472
Jul 202401,14879.932.15$2,464
Jun 202401,16178.082.63$3,058
May 202401,23978.812.20$2,724
Apr 202401,22084.451.66$2,024
Mar 202401,34080.301.55$2,070
Feb 202401,26576.091.78$2,256
Jan 202401,36173.023.30$4,488
Dec 202301,30371.262.61$3,402
Nov 202301,32777.892.81$3,726
Oct 202301,41385.443.09$4,362
Sep 202301,40989.042.74$3,854
Aug 202301,46580.522.67$3,916
Jul 202301,48474.852.64$3,920
Jun 202301,44568.962.26$3,264
May 202301,53470.622.23$3,417
Apr 202301,46578.122.24$3,278
Mar 202301,45772.852.39$3,487
Feb 202301,28575.112.47$3,168
Jan 202301,42676.533.39$4,831
Dec 202201,35476.415.73$7,757
Nov 202201,34585.005.65$7,594
Oct 202201,57487.185.86$9,230
Sep 202201,54084.888.16$12,572
Aug 202201,51394.529.13$13,809
Jul 202201,588101.587.54$11,977
Jun 202201,596115.097.98$12,732
May 202201,620109.378.43$13,662
Apr 202201,523104.226.84$10,414
Mar 202201,597108.885.08$8,107
Feb 202201,37991.054.86$6,700
Jan 202201,57581.844.54$7,147
Dec 202101,70471.323.90$6,644
Nov 202101,76677.435.24$9,248
Oct 202101,94179.795.71$11,091
Sep 202101,96969.865.35$10,536
Aug 202102,02266.024.22$8,534
Jul 202102,02970.783.98$8,080
Jun 202142,09169.493.38$7,347
May 2021102,06763.483.02$6,872
Apr 202152,01260.362.76$5,852
Mar 202162,09161.302.72$6,049
Feb 202171,78957.805.55$10,330
Jan 202152,03850.412.81$5,979
Dec 202042,32744.642.68$6,404
Nov 202032,34738.772.71$6,469
Oct 202022,47536.972.48$6,208
Sep 202032,36837.091.99$4,826
Aug 202042,49839.982.39$6,118
Jul 202032,59338.371.83$4,848
Jun 202032,66034.901.69$4,601
May 202023,32516.921.81$6,068
Apr 202021,48114.751.80$2,702
Mar 202023,95430.341.86$7,400
Feb 202024,39649.881.98$8,807
Jan 202034,96757.252.09$10,576
Dec 2019105,69359.012.30$13,709
Nov 2019583,00555.302.75$11,473
Oct 2019454,25353.472.42$12,692
Sep 2019364,02555.052.66$12,677
Aug 2019464,16653.112.30$12,043
Jul 2019213,99656.272.46$11,012
Jun 2019343,92052.782.49$11,560
May 2019514,27258.482.74$14,689
Apr 2019374,09562.632.75$13,581
Mar 2019333,45156.803.06$12,442
Feb 2019553,79550.852.79$13,393
Jan 2019304,27646.033.23$15,185
Dec 2018414,71746.594.19$21,653
Nov 2018623,78352.934.24$19,311
Oct 2018254,47661.443.40$16,746
Sep 2018374,60659.543.11$16,518
Aug 20182115,20259.403.07$28,486
Jul 2018243,08265.142.93$10,599
Jun 2018174,33660.183.08$14,365
May 2018244,52265.382.90$14,687
Apr 2018274,44863.842.90$14,626
Mar 2018344,58561.222.79$14,859
Feb 2018374,05961.782.77$13,514
Jan 2018463,77962.874.01$18,043
Dec 20171024,88957.272.92$20,125
Nov 2017194,40455.423.12$14,786
Oct 2017944,64749.292.98$18,498
Sep 2017314,41647.523.09$15,107
Aug 2017134,50145.373.00$14,113
Jul 20171954,61043.873.09$22,787
Jun 2017134,44042.493.09$14,260
May 2017184,79445.373.26$16,461
Apr 2017104,96947.933.21$16,438
Mar 2017154,13746.772.98$13,045
Feb 2017124,32350.452.95$13,369
Jan 201774,83549.413.42$16,876
Dec 2016164,51548.763.72$17,589
Nov 2016194,76842.492.64$13,416
Oct 2016195,06446.193.09$16,527
Sep 20161944,82541.553.10$23,021
Aug 2016154,99241.442.92$15,220
Jul 2016185,34241.622.92$16,371
Jun 2016225,59945.352.69$16,036
May 2016374,65842.521.99$10,848
Apr 2016284,89236.561.99$10,764
Mar 20161855,65133.011.79$16,245
Feb 2016664,65426.472.06$11,351
Jan 2016534,90727.352.36$13,051
Dec 2015564,26632.362.00$10,350
Nov 2015235,00938.792.17$11,748
Oct 2015294,89743.552.43$13,146
Sep 201596,07542.992.76$17,144
Aug 2015126,36040.162.87$18,751
Jul 201566,58948.152.95$19,694
Jun 2015156,63556.152.88$19,970
May 2015226,96055.212.96$21,785
Apr 201565,10349.822.71$14,111
Mar 20151944,71642.892.93$22,161
Feb 2015153,47644.662.98$11,015
Jan 2015143,98043.433.10$12,949
Dec 201464,02254.693.59$14,773
Nov 201454,19470.464.25$18,185
Oct 201455,14178.303.90$20,446
Sep 20141884,30786.164.05$33,622
Aug 201465,05089.394.04$20,914
Jul 2014184,72696.564.18$21,491
Jun 2014164,95198.164.74$25,023
May 2014145,46294.734.73$27,143
Apr 2014115,40995.944.81$27,068
Mar 20141975,39095.895.06$46,146
Feb 2014196,14697.406.19$39,907
Jan 2014404,69090.404.86$26,413
Dec 2013314,91891.824.35$24,262
Nov 2013184,69988.853.74$19,165
Oct 201305,20997.423.78$19,687
Sep 201305,644104.113.72$20,983
Aug 20131976,581104.253.52$43,720
Jul 201306,140102.523.72$22,827
Jun 201306,42694.403.93$25,276
May 201306,62094.834.15$27,467
Apr 201306,39793.964.28$27,396
Mar 201306,35393.623.91$24,858
Feb 2013045291.233.42$1,546
Jan 201307,72891.603.42$26,429
Dec 201206,51586.773.42$22,282
Nov 201206,96686.953.62$25,251
Oct 20121877,11989.383.40$40,916
Sep 201206,55294.672.92$19,121
Aug 201206,83192.662.91$19,866
Jul 20121967,86785.133.02$40,450
Jun 201207,30079.822.52$18,389
May 20122008,11891.612.49$38,522
Apr 201207,710101.652.00$15,395
Mar 201207,575105.052.22$16,832
Feb 201220510,294101.102.57$47,184
Jan 201208,52998.092.73$23,319
Dec 201106,18296.873.24$20,028
Nov 201106,40595.723.31$21,209
Oct 201109,07684.983.65$33,114
Sep 201108,14383.623.99$32,456
Aug 201106,59583.404.15$27,365
Jul 20111776,68594.144.52$46,861
Jun 201106,46492.904.64$29,992
May 201107,24498.134.40$31,909
Apr 201107,660105.964.33$33,193
Mar 201107,60696.364.06$30,860
Feb 20111997,57485.644.18$48,702
Jan 201109,18586.504.59$42,148
Dec 201009,94885.734.35$43,251
Nov 20101949,92680.843.80$53,355
Oct 2010010,60478.103.51$37,208
Sep 2010010,59672.633.98$42,166
Aug 201018911,26973.684.42$63,727
Jul 2010011,72772.554.74$55,545
Jun 201019411,53270.364.91$70,277
May 2010012,36271.124.24$52,356
Apr 201019212,80781.694.12$68,484
Mar 2010013,64878.394.39$59,897
Feb 2010012,78673.585.44$69,586
Jan 201018814,41374.365.96$99,940
Dec 2009015,18671.445.48$83,276
Nov 200918716,08874.593.75$74,302
Oct 2009017,81472.544.11$73,220
Sep 200918518,05465.543.06$67,456
Aug 200918319,81967.423.22$76,125
Jul 2009021,19361.133.46$73,423
Jun 200918321,78466.163.90$96,956
May 200918523,83954.743.93$103,713
Apr 200919824,87846.773.59$98,510
Mar 200919227,25342.144.06$118,711
Feb 200919229,44132.814.63$142,700
Jan 200938845,20935.865.37$256,731
Dec 200841261,41237.105.98$382,353
Nov 200802,98055.496.86$20,444

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                  684 Mcf  × $  3.75 =     $2,565

────────────────────────────────────────────────────
Month total                                   $2,565

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/245616 is the state's own key, not one this site invented.