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 247427District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Jul 2008 – May 2026
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
215
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 Gas112009-07-23192951
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
CondensateDisposition9,834 bbl$690,972
GasProduction1,093,049 Mcf$4,953,781
Total$5,644,754

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 35.7324, -100.3881. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73241, -100.38808 · 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
Jul 2008
1 of 1 wells

1 well

42-21134238256712,800 ftJul 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 (215)

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

215 months

May 202601,647106.413.05$5,017
Apr 202601,95498.932.87$5,607
Mar 202601,29789.753.15$4,085
Feb 202601,50663.503.75$5,648
Jan 202601,77459.138.00$14,188
Dec 202501,80456.664.41$7,962
Nov 202501,77558.593.93$6,969
Oct 202501,83259.383.30$6,054
Sep 202501,84362.743.08$5,671
Aug 202501,87663.933.01$5,656
Jul 202501,92966.743.32$6,395
Jun 202501,90866.483.13$5,970
May 202502,03660.553.23$6,581
Apr 202501,89662.363.54$6,718
Mar 202502,11867.704.27$9,040
Feb 202501,97170.884.34$8,556
Jan 202502,22474.324.28$9,516
Dec 202401,81068.993.12$5,650
Nov 202402,08669.052.20$4,586
Oct 202402,25671.372.28$5,147
Sep 202402,32269.612.36$5,490
Aug 202402,35975.632.06$4,868
Jul 202402,33479.932.15$5,010
Jun 202402,34378.082.63$6,171
May 202402,50578.812.20$5,507
Apr 202402,32284.451.66$3,853
Mar 202402,39580.301.55$3,701
Feb 202402,26876.091.78$4,045
Jan 202402,48173.023.30$8,181
Dec 202302,39371.262.61$6,247
Nov 202302,40977.892.81$6,763
Oct 202302,53385.443.09$7,820
Sep 202302,50389.042.74$6,846
Aug 202302,58380.522.67$6,904
Jul 202302,55174.852.64$6,739
Jun 202302,51568.962.26$5,680
May 202302,65070.622.23$5,903
Apr 202302,51778.122.24$5,632
Mar 202302,55672.852.39$6,117
Feb 202302,32975.112.47$5,743
Jan 202302,63176.533.39$8,913
Dec 202202,28276.415.73$13,074
Nov 202202,45485.005.65$13,856
Oct 202202,72987.185.86$16,002
Sep 202202,63584.888.16$21,511
Aug 202202,63494.529.13$24,041
Jul 202202,717101.587.54$20,492
Jun 202202,627115.097.98$20,956
May 202202,635109.378.43$22,221
Apr 202202,497104.226.84$17,073
Mar 202202,635108.885.08$13,376
Feb 202202,34791.054.86$11,404
Jan 202202,73381.844.54$12,401
Dec 202102,48071.323.90$9,670
Nov 202102,58777.435.24$13,548
Oct 202102,73879.795.71$15,645
Sep 202102,68469.865.35$14,362
Aug 202102,71666.024.22$11,463
Jul 202102,73770.783.98$10,899
Jun 2021652,79169.493.38$13,952
May 2021462,75963.483.02$11,246
Apr 2021452,70660.362.76$10,180
Mar 2021172,81761.302.72$8,696
Feb 2021242,26457.805.55$13,948
Jan 2021632,86250.412.81$11,219
Dec 2020932,93844.642.68$12,012
Nov 2020652,86038.772.71$10,261
Oct 2020583,04136.972.48$9,681
Sep 2020342,86937.091.99$6,973
Aug 2020342,63839.982.39$7,651
Jul 2020442,93738.371.83$7,049
Jun 2020582,86734.901.69$6,870
May 2020633,33816.921.81$7,124
Apr 202041,58114.751.80$2,912
Mar 2020402,42630.341.86$5,717
Feb 2020402,51549.881.98$6,977
Jan 2020442,69357.252.09$8,160
Dec 2019322,69959.012.30$8,108
Nov 2019322,64755.302.75$9,051
Oct 2019362,80353.472.42$8,704
Sep 2019342,77355.052.66$9,240
Aug 2019412,87953.112.30$8,812
Jul 2019172,88556.272.46$8,054
Jun 2019312,77052.782.49$8,537
May 2019392,90458.482.74$10,239
Apr 2019302,86762.632.75$9,765
Mar 2019263,03656.803.06$10,773
Feb 2019432,68650.852.79$9,686
Jan 2019273,13446.033.23$11,360
Dec 2018413,10446.594.19$14,902
Nov 2018493,13452.934.24$15,873
Oct 2018192,92661.443.40$11,110
Sep 20181933,03759.543.11$20,930
Aug 2018183,23959.403.07$11,002
Jul 2018662,87365.142.93$12,723
Jun 2018143,00860.183.08$10,098
May 2018193,12665.382.90$10,310
Apr 2018192,97563.842.90$9,843
Mar 20181962,96461.222.79$20,259
Feb 2018272,91161.782.77$9,720
Jan 2018263,21662.874.01$14,529
Dec 2017193,11457.272.92$10,186
Nov 2017163,08255.423.12$10,498
Oct 20171433,16149.292.98$16,480
Sep 2017293,09347.523.09$10,927
Aug 201793,01045.373.00$9,452
Jul 201732,55743.873.09$8,026
Jun 201702,69542.493.09$8,320
May 201702,90545.373.26$9,480
Apr 201702,89247.933.21$9,288
Mar 201712,92646.772.98$8,777
Feb 201722,73550.452.95$8,176
Jan 201743,12049.413.42$10,864
Dec 20161832,58148.763.72$18,532
Nov 2016133,26242.492.64$9,178
Oct 2016203,52146.193.09$11,805
Sep 2016213,40541.553.10$11,430
Aug 2016183,57341.442.92$11,195
Jul 2016223,58341.622.92$11,394
Jun 2016233,57745.352.69$10,650
May 2016294,00542.521.99$9,207
Apr 2016232,90136.561.99$6,617
Mar 201633,75233.011.79$6,830
Feb 2016383,71526.472.06$8,672
Jan 2016333,20827.352.36$8,487
Dec 2015373,60632.362.00$8,414
Nov 20152123,59738.792.17$16,019
Oct 2015383,72643.552.43$10,696
Sep 2015213,58442.992.76$10,789
Aug 2015233,75840.162.87$11,719
Jul 2015113,80848.152.95$11,745
Jun 20151993,56256.152.88$21,443
May 2015343,92655.212.96$13,480
Apr 2015193,79149.822.71$11,207
Mar 2015163,91442.892.93$12,173
Feb 2015103,53044.662.98$10,953
Jan 201593,29643.433.10$10,611
Dec 2014113,06254.693.59$11,598
Nov 20141873,32970.464.25$27,330
Oct 2014103,83078.303.90$15,724
Sep 201493,73586.164.05$15,885
Aug 2014103,82389.394.04$16,320
Jul 2014223,89896.564.18$18,416
Jun 20141933,80098.164.74$36,945
May 2014253,99894.734.73$21,265
Apr 2014213,80895.944.81$20,328
Mar 2014243,94995.895.06$22,271
Feb 2014193,67797.406.19$24,619
Jan 2014264,36490.404.86$23,563
Dec 20132054,17891.824.35$37,016
Nov 2013214,00988.853.74$16,853
Oct 201303,86997.423.78$14,622
Sep 201304,224104.113.72$15,704
Aug 201304,320104.253.52$15,218
Jul 201304,346102.523.72$16,157
Jun 201304,21294.403.93$16,568
May 201304,42794.834.15$18,368
Apr 201304,25893.964.28$18,235
Mar 20131464,45993.623.91$31,116
Feb 201304,03491.233.42$13,796
Jan 201304,36591.603.42$14,928
Dec 201204,68486.773.42$16,020
Nov 20121224,68486.953.62$27,587
Oct 201204,92589.383.40$16,743
Sep 201204,88994.672.92$14,268
Aug 201205,18292.662.91$15,070
Jul 201205,10385.133.02$15,415
Jun 20121985,14079.822.52$28,752
May 201205,34691.612.49$13,303
Apr 201205,127101.652.00$10,238
Mar 20122035,180105.052.22$32,836
Feb 201204,739101.102.57$12,180
Jan 201205,54598.092.73$15,160
Dec 20112005,64296.873.24$37,653
Nov 201105,55395.723.31$18,388
Oct 201106,04484.983.65$22,052
Sep 201106,24183.623.99$24,875
Aug 20111936,42983.404.15$42,772
Jul 201106,83894.144.52$30,889
Jun 201106,73292.904.64$31,236
May 20111987,06598.134.40$50,550
Apr 201106,983105.964.33$30,259
Mar 20112016,74596.364.06$46,735
Feb 201106,60885.644.18$27,621
Jan 201107,65886.504.59$35,141
Dec 20102017,93385.734.35$51,722
Nov 201008,11180.843.80$30,784
Oct 201008,64278.103.51$30,324
Sep 201008,71472.633.98$34,677
Aug 20101939,08273.684.42$54,357
Jul 201009,49472.554.74$44,968
Jun 201009,28870.364.91$45,608
May 201009,73371.124.24$41,221
Apr 20101959,95181.694.12$56,954
Mar 2010010,59478.394.39$46,494
Feb 201009,22073.585.44$50,179
Jan 201019310,39674.365.96$76,354
Dec 2009010,77871.445.48$59,104
Nov 200918911,16674.593.75$55,987
Oct 2009012,16172.544.11$49,985
Sep 2009012,25165.543.06$37,546
Aug 200919213,43067.423.22$56,169
Jul 200919313,86561.133.46$59,833
Jun 2009013,86366.163.90$53,996
May 200919015,14554.743.93$69,856
Apr 2009015,61346.773.59$56,012
Mar 200919216,55942.144.06$75,304
Feb 200937516,11932.814.63$86,983
Jan 200919218,58735.865.37$106,716
Dec 200820720,95137.105.98$132,907
Nov 200837524,57655.496.86$189,409
Oct 200819030,25675.246.92$223,727
Sep 200856737,529101.767.88$353,317
Aug 200856350,979114.228.48$496,762
Jul 200819037,130131.0811.39$447,795

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                1,647 Mcf  × $  3.05 =     $5,017

────────────────────────────────────────────────────
Month total                                   $5,017

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/247427 is the state's own key, not one this site invented.