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 247429District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Dec 2008 – May 2026
Value, last 12 filed months
$0
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 Gas112009-07-23192952
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
CondensateDisposition4,939 bbl$316,299
GasProduction875,983 Mcf$3,536,568
Total$3,852,867

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 35.7337, -100.3797. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73367, -100.37970 · 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
Dec 2008
1 of 1 wells

1 well

42-21134436256812,800 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 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 20190059.012.30$0
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 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
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 20182263.842.90$133
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201722,11249.292.98$6,400
Sep 201732,26147.523.09$7,123
Aug 201722,30845.373.00$7,025
Jul 201722,34443.873.09$7,324
Jun 201712,26842.493.09$7,044
May 201722,41545.373.26$7,972
Apr 201712,38147.933.21$7,695
Mar 201712,46246.772.98$7,393
Feb 201712,27750.452.95$6,774
Jan 2017632,35749.413.42$11,171
Dec 201612,48948.763.72$9,315
Nov 201622,53042.492.64$6,775
Oct 201632,68346.193.09$8,430
Sep 201622,58641.553.10$8,101
Aug 201622,75941.442.92$8,151
Jul 201622,79041.622.92$8,242
Jun 201622,80045.352.69$7,611
May 201622,92842.521.99$5,915
Apr 201622,80236.561.99$5,652
Mar 201603,05833.011.79$5,486
Feb 201662,83426.472.06$6,007
Jan 201652,96027.352.36$7,135
Dec 201553,07532.362.00$6,316
Nov 201553,10738.792.17$6,928
Oct 201573,24343.552.43$8,174
Sep 201533,12542.992.76$8,749
Aug 201533,31940.162.87$9,654
Jul 201563,38848.152.95$10,267
Jun 201583,29356.152.88$9,942
May 2015173,50055.212.96$11,283
Apr 201573,40749.822.71$9,570
Mar 201553,50842.892.93$10,509
Feb 201543,18944.662.98$9,670
Jan 201573,08643.433.10$9,873
Dec 201473,02554.693.59$11,247
Nov 201453,29970.464.25$14,379
Oct 201453,88278.303.90$15,535
Sep 201433,84486.164.05$15,809
Aug 20141813,87789.394.04$31,824
Jul 2014104,08896.564.18$18,052
Jun 2014104,10298.164.74$20,412
May 2014124,20494.734.73$21,007
Apr 2014114,09395.944.81$20,739
Mar 201484,03495.895.06$21,166
Feb 201443,49697.406.19$22,037
Jan 201464,41990.404.86$22,022
Dec 2013104,50391.824.35$20,526
Nov 20132064,10088.853.74$33,630
Oct 201304,05097.423.78$15,306
Sep 201304,668104.113.72$17,354
Aug 201304,517104.253.52$15,912
Jul 201304,772102.523.72$17,741
Jun 201304,84494.403.93$19,053
May 201304,96694.834.15$20,604
Apr 201304,59593.964.28$19,679
Mar 20131935,12293.623.91$38,110
Feb 201304,61491.233.42$15,779
Jan 201305,01991.603.42$17,165
Dec 201204,77386.773.42$16,324
Nov 201205,18886.953.62$18,806
Oct 201205,44189.383.40$18,498
Sep 201205,32694.672.92$15,543
Aug 20122005,68192.662.91$35,053
Jul 201205,70685.133.02$17,237
Jun 201205,77779.822.52$14,552
May 201206,04691.612.49$15,044
Apr 201205,952101.652.00$11,885
Mar 20122016,437105.052.22$35,419
Feb 201206,122101.102.57$15,735
Jan 201206,64498.092.73$18,165
Dec 201106,87396.873.24$22,267
Nov 201106,75895.723.31$22,378
Oct 201107,52484.983.65$27,452
Sep 201107,83183.623.99$31,213
Aug 201107,93483.404.15$32,921
Jul 201108,87394.144.52$40,081
Jun 20112008,84292.904.64$59,606
May 201109,77098.134.40$43,035
Apr 201119910,110105.964.33$64,896
Mar 2011010,23496.364.06$41,523
Feb 2011011,29485.644.18$47,209
Jan 201107,73686.504.59$35,499
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010043378.103.51$1,519
Sep 201019510,52672.633.98$56,051
Aug 2010012,24173.684.42$54,097
Jul 2010012,61572.554.74$59,751
Jun 2010012,67370.364.91$62,230
May 2010013,43271.124.24$56,887
Apr 201019514,09581.694.12$74,039
Mar 2010015,37678.394.39$67,480
Feb 2010014,24673.585.44$77,532
Jan 201019717,79874.365.96$120,798
Dec 2009017,48471.445.48$95,878
Nov 2009018,78174.593.75$70,457
Oct 200919020,70272.544.11$98,873
Sep 2009021,27465.543.06$65,199
Aug 200918923,73967.423.22$89,146
Jul 200919125,93661.133.46$101,531
Jun 2009026,54366.163.90$103,385
May 200919129,53654.743.93$126,406
Apr 200937830,26646.773.59$126,258
Mar 200938536,53242.144.06$164,507
Feb 200958045,15732.814.63$228,242
Jan 200948468,76835.865.37$386,709
Dec 200810717,17937.105.98$106,651

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.

Apr 2018 — as filed, then multipliedworked
Condensate             2 bbl  × $ 63.84 =       $128
Gas                    2 Mcf  × $  2.90 =         $6

────────────────────────────────────────────────────
Month total                                     $133

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/247429 is the state's own key, not one this site invented.