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 247426District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Aug 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
214
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 Gas112009-07-23192950
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
CondensateDisposition3,254 bbl$227,691
GasProduction547,691 Mcf$2,604,529
Total$2,832,220

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 35.7403, -100.3748. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.74027, -100.37477 · 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
Aug 2008
1 of 1 wells

1 well

42-21134140186912,800 ftAug 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 (214)

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

214 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 20220094.529.13$0
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 20194459.012.30$245
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019707762.632.75$4,596
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20183352.934.24$172
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20173355.423.12$176
Oct 201791049.292.98$4,485
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20171146.772.98$50
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201521,10149.822.71$3,080
Mar 201543,26742.892.93$9,759
Feb 201532,69244.662.98$8,146
Jan 201542,75743.433.10$8,722
Dec 201432,42654.693.59$8,877
Nov 201432,93270.464.25$12,678
Oct 201433,12478.303.90$12,422
Sep 201432,87086.164.05$11,869
Aug 20141833,03589.394.04$28,605
Jul 201463,11596.564.18$13,599
Jun 201462,89998.164.74$14,321
May 201483,18294.734.73$15,798
Apr 201472,90995.944.81$14,661
Mar 201463,05295.895.06$16,009
Feb 201462,82397.406.19$18,064
Jan 201473,35890.404.86$16,955
Dec 201363,21091.824.35$14,529
Nov 201373,32588.853.74$13,052
Oct 201303,20897.423.78$12,124
Sep 201303,509104.113.72$13,046
Aug 201303,713104.253.52$13,079
Jul 201303,823102.523.72$14,213
Jun 201303,78494.403.93$14,884
May 201303,96594.834.15$16,451
Apr 201303,84293.964.28$16,454
Mar 20131823,54393.623.91$30,902
Feb 201303,16091.233.42$10,807
Jan 201303,29391.603.42$11,262
Dec 201203,52086.773.42$12,039
Nov 201203,65386.953.62$13,242
Oct 201203,96989.383.40$13,493
Sep 201203,96694.672.92$11,574
Aug 201204,22492.662.91$12,284
Jul 201204,33485.133.02$13,092
Jun 201204,18079.822.52$10,530
May 201204,58391.612.49$11,404
Apr 201204,573101.652.00$9,131
Mar 201203,899105.052.22$8,664
Feb 201203,822101.102.57$9,823
Jan 201204,42698.092.73$12,101
Dec 201104,32596.873.24$14,012
Nov 201104,09395.723.31$13,553
Oct 201104,64284.983.65$16,937
Sep 20111904,72383.623.99$34,713
Aug 201104,81983.404.15$19,996
Jul 201105,10994.144.52$23,079
Jun 201104,97092.904.64$23,060
May 201105,26098.134.40$23,169
Apr 201105,232105.964.33$22,672
Mar 201105,15096.364.06$20,895
Feb 20111985,59985.644.18$40,360
Jan 201105,84686.504.59$26,826
Dec 201006,06885.734.35$26,382
Nov 201006,11080.843.80$23,189
Oct 201006,59378.103.51$23,134
Sep 201006,55872.633.98$26,097
Aug 20101916,89173.684.42$44,527
Jul 2010397,29772.554.74$37,392
Jun 201007,14770.364.91$35,095
May 201007,78171.124.24$32,954
Apr 20101978,05081.694.12$49,281
Mar 201008,56878.394.39$37,602
Feb 20102018,00573.585.44$58,356
Jan 201009,62174.365.96$57,381
Dec 200909,42071.445.48$51,657
Nov 200909,69874.593.75$36,382
Oct 200919210,45072.544.11$56,880
Sep 2009010,56765.543.06$32,385
Aug 2009011,32667.423.22$36,453
Jul 200917912,03161.133.46$52,624
Jun 200919212,31866.163.90$60,681
May 2009013,13454.743.93$51,561
Apr 200920013,55746.773.59$57,990
Mar 2009014,45442.144.06$58,669
Feb 200919612,98832.814.63$66,604
Jan 200919313,76935.865.37$80,874
Dec 20088215,91637.105.98$98,174
Nov 2008019,67655.496.86$134,984
Oct 200819321,18875.246.92$161,184
Sep 200819031,022101.767.88$263,697
Aug 2008030,566114.228.48$259,292

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 2019 — as filed, then multipliedworked
Condensate             4 bbl  × $ 59.01 =       $236
Gas                    4 Mcf  × $  2.30 =         $9

────────────────────────────────────────────────────
Month total                                     $245

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/247426 is the state's own key, not one this site invented.