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 246579District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Dec 2008 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
210
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 Gas112009-06-16191824
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
CondensateDisposition9,517 bbl$613,916
GasProduction829,562 Mcf$3,149,893
Total$3,763,809

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 35.7423, -100.3758. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.74232, -100.37581 · 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
12,600 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 12,600 ft.

Completions filed
Dec 2008
1 of 1 wells

1 well

42-21134373206912,600 ftDec 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 (210)

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

210 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 2025073656.664.41$3,248
Nov 202501,47758.593.93$5,799
Oct 202501,48059.383.30$4,891
Sep 202501,57962.743.08$4,858
Aug 202501,54363.933.01$4,652
Jul 202501,51466.743.32$5,019
Jun 202501,44666.483.13$4,524
May 202501,52460.553.23$4,926
Apr 202501,40362.363.54$4,971
Mar 202501,52867.704.27$6,522
Feb 202501,46370.884.34$6,351
Jan 202501,35474.324.28$5,793
Dec 202401,48668.993.12$4,638
Nov 202401,45469.052.20$3,197
Oct 202401,49271.372.28$3,404
Sep 202401,49969.612.36$3,544
Aug 202401,47375.632.06$3,040
Jul 202401,40779.932.15$3,020
Jun 202401,43378.082.63$3,774
May 202401,46978.812.20$3,230
Apr 202401,39484.451.66$2,313
Mar 202401,42780.301.55$2,205
Feb 202401,36076.091.78$2,426
Jan 202401,36573.023.30$4,501
Dec 202301,33571.262.61$3,485
Nov 202301,27477.892.81$3,577
Oct 202301,29385.443.09$3,992
Sep 2023111,23789.042.74$4,363
Aug 202301,20580.522.67$3,221
Jul 202301,09974.852.64$2,903
Jun 2023025768.962.26$580
May 2023043970.622.23$978
Apr 202301,44278.122.24$3,227
Mar 202301,45472.852.39$3,480
Feb 2023030475.112.47$750
Jan 202301,09476.533.39$3,706
Dec 202201,42476.415.73$8,158
Nov 202201,33185.005.65$7,515
Oct 202201,67487.185.86$9,816
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202201,742115.097.98$13,896
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202201,212108.885.08$6,153
Feb 202201,46591.054.86$7,118
Jan 202201,43781.844.54$6,521
Dec 202101,99471.323.90$7,775
Nov 202102,06177.435.24$10,793
Oct 202102,17379.795.71$12,416
Sep 202102,17769.865.35$11,649
Aug 202102,21266.024.22$9,336
Jul 202102,14870.783.98$8,554
Jun 2021322,22269.493.38$9,735
May 2021242,19663.483.02$8,150
Apr 2021282,17760.362.76$7,695
Mar 2021202,21261.302.72$7,236
Feb 2021261,87957.805.55$11,927
Jan 202102,24850.412.81$6,317
Dec 2020381,71744.642.68$6,290
Nov 2020332,23038.772.71$7,315
Oct 2020332,49936.972.48$7,414
Sep 2020262,33337.091.99$5,609
Aug 2020182,44939.982.39$6,561
Jul 2020322,56538.371.83$5,909
Jun 2020312,26034.901.69$4,902
May 2020392,74116.921.81$5,634
Apr 202041,19414.751.80$2,213
Mar 2020312,04030.341.86$4,727
Feb 2020302,28349.881.98$6,018
Jan 2020382,41157.252.09$7,226
Dec 2019332,40459.012.30$7,487
Nov 2019262,37455.302.75$7,968
Oct 2019362,48953.472.42$7,945
Sep 2019262,42455.052.66$7,873
Aug 2019302,47553.112.30$7,297
Jul 2019122,50056.272.46$6,825
Jun 2019232,48152.782.49$7,395
May 2019312,52558.482.74$8,732
Apr 2019232,48162.632.75$8,265
Mar 2019192,32856.803.06$8,208
Feb 2019322,24750.852.79$7,901
Jan 2019212,66246.033.23$9,560
Dec 2018252,69246.594.19$12,432
Nov 2018422,57852.934.24$13,147
Oct 2018162,52661.443.40$9,567
Sep 20181922,66059.543.11$19,699
Aug 2018112,81459.403.07$9,283
Jul 2018452,36065.142.93$9,851
Jun 2018102,46160.183.08$8,174
May 2018142,50165.382.90$8,170
Apr 20181992,61563.842.90$20,290
Mar 2018222,73861.222.79$8,977
Feb 2018262,53161.782.77$8,607
Jan 2018222,83662.874.01$12,754
Dec 2017152,81757.272.92$9,089
Nov 2017142,86155.423.12$9,698
Oct 2017132,96749.292.98$9,493
Sep 2017223,05647.523.09$10,480
Aug 201782,57245.373.00$8,090
Jul 20172082,94543.873.09$18,217
Jun 201792,65442.493.09$8,576
May 2017122,93545.373.26$10,123
Apr 201783,05847.933.21$10,205
Mar 2017123,01646.772.98$9,560
Feb 2017112,70850.452.95$8,551
Jan 20171573,08949.413.42$18,318
Dec 201652,52048.763.72$9,625
Nov 201652,93442.492.64$7,971
Oct 201653,04246.193.09$9,632
Sep 201652,89941.553.10$9,196
Aug 201652,95041.442.92$8,834
Jul 201652,95241.622.92$8,841
Jun 20161892,92145.352.69$16,416
May 201673,27142.521.99$6,810
Apr 201652,40236.561.99$4,965
Mar 201613,09433.011.79$5,584
Feb 201663,03726.472.06$6,426
Jan 2016122,46227.352.36$6,149
Dec 2015132,98932.362.00$6,403
Nov 20151962,98038.792.17$14,061
Oct 2015103,12843.552.43$8,026
Sep 201562,73442.992.76$7,799
Aug 201552,78340.162.87$8,195
Jul 201542,65148.152.95$8,000
Jun 20151932,92656.152.88$19,272
May 2015143,20155.212.96$10,233
Apr 201593,14449.822.71$8,958
Mar 201573,28242.892.93$9,932
Feb 201553,02444.662.98$9,223
Jan 20151932,82143.433.10$17,129
Dec 201452,49454.693.59$9,230
Nov 201442,86170.464.25$12,446
Oct 201453,28378.303.90$13,198
Sep 201443,05286.164.05$12,691
Aug 20141993,29189.394.04$31,068
Jul 2014113,37696.564.18$15,172
Jun 2014113,34398.164.74$16,915
May 20142003,44294.734.73$35,215
Apr 2014123,25495.944.81$16,800
Mar 2014153,56895.895.06$19,481
Feb 2014123,26597.406.19$21,386
Jan 2014173,81790.404.86$20,090
Dec 2013183,69591.824.35$17,743
Nov 2013173,44288.853.74$14,378
Oct 201303,26797.423.78$12,347
Sep 20131873,482104.113.72$32,414
Aug 201303,412104.253.52$12,019
Jul 201303,849102.523.72$14,310
Jun 201303,80394.403.93$14,959
May 20131834,00094.834.15$33,950
Apr 201303,93993.964.28$16,869
Mar 201304,17393.623.91$16,328
Feb 20131903,83591.233.42$30,449
Jan 201304,12391.603.42$14,100
Dec 201204,28886.773.42$14,666
Nov 20121704,20686.953.62$30,028
Oct 201204,45689.383.40$15,149
Sep 201204,36994.672.92$12,750
Aug 201204,54192.662.91$13,206
Jul 201204,49685.133.02$13,582
Jun 20121994,40779.822.52$26,986
May 201204,55691.612.49$11,337
Apr 201204,520101.652.00$9,026
Mar 201204,340105.052.22$9,644
Feb 20122003,927101.102.57$30,313
Jan 201204,61498.092.73$12,615
Dec 201104,69196.873.24$15,198
Nov 20111994,48895.723.31$33,909
Oct 201105,09984.983.65$18,604
Sep 20111985,23083.623.99$37,402
Aug 201105,20783.404.15$21,606
Jul 201105,45494.144.52$24,637
Jun 20111975,47192.904.64$43,686
May 201105,82398.134.40$25,649
Apr 20112015,827105.964.33$46,548
Mar 201105,57196.364.06$22,603
Feb 20112015,56785.644.18$40,484
Jan 201106,45686.504.59$29,625
Dec 201006,83485.734.35$29,713
Nov 20101936,91680.843.80$41,851
Oct 201007,43078.103.51$26,071
Sep 20101947,42072.633.98$43,618
Aug 201007,79073.684.42$34,427
Jul 20101918,24272.554.74$52,895
Jun 20101958,21570.364.91$54,059
May 201008,89271.124.24$37,660
Apr 20101969,27281.694.12$54,237
Mar 201009,98578.394.39$43,821
Feb 20101959,35273.585.44$65,245
Jan 2010010,57174.365.96$63,046
Dec 200919711,29471.445.48$76,007
Nov 2009012,05474.593.75$45,221
Oct 200919613,54172.544.11$69,875
Sep 200918913,89365.543.06$54,966
Aug 2009015,05467.423.22$48,451
Jul 200937716,57561.133.46$80,470
Jun 2009017,77566.163.90$69,234
May 200919020,00554.743.93$88,935
Apr 200919020,96846.773.59$84,109
Mar 200918722,76542.144.06$100,283
Feb 200939624,83332.814.63$128,044
Jan 200957539,65835.865.37$233,623
Dec 200837723,58637.105.98$154,964

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.

Dec 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.66 =         $0
Gas                  736 Mcf  × $  4.41 =     $3,248

────────────────────────────────────────────────────
Month total                                   $3,248

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/246579 is the state's own key, not one this site invented.