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 248794District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Feb 2009 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
208
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 Gas112009-08-14193866
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
CondensateDisposition2,374 bbl$183,889
GasProduction441,774 Mcf$1,717,179
Total$1,901,068

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 35.7236, -100.3648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72363, -100.36482 · 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
Feb 2009
1 of 1 wells

1 well

42-21134292366812,800 ftFeb 2009

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 (208)

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

208 months

May 20260171106.413.05$521
Apr 2026017898.932.87$511
Mar 202608389.753.15$261
Feb 2026027263.503.75$1,020
Jan 2026054359.138.00$4,343
Dec 2025033956.664.41$1,496
Nov 2025047958.593.93$1,881
Oct 2025049059.383.30$1,619
Sep 2025048862.743.08$1,502
Aug 2025053963.933.01$1,625
Jul 202501,00366.743.32$3,325
Jun 2025066866.483.13$2,090
May 2025094160.553.23$3,042
Apr 2025055962.363.54$1,981
Mar 2025036367.704.27$1,549
Feb 2025015570.884.34$673
Jan 2025014274.324.28$608
Dec 2024043868.993.12$1,367
Nov 2024032769.052.20$719
Oct 2024031171.372.28$710
Sep 2024022169.612.36$523
Aug 2024017975.632.06$369
Jul 2024025779.932.15$552
Jun 2024010578.082.63$277
May 2024015978.812.20$350
Apr 2024016884.451.66$279
Mar 202408080.301.55$124
Feb 2024026576.091.78$473
Jan 2024010673.023.30$350
Dec 2023018671.262.61$486
Nov 2023015277.892.81$427
Oct 2023017985.443.09$553
Sep 2023016489.042.74$449
Aug 2023015880.522.67$422
Jul 2023012874.852.64$338
Jun 2023019968.962.26$449
May 2023039570.622.23$880
Apr 2023061678.122.24$1,378
Mar 2023012972.852.39$309
Feb 202302475.112.47$59
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 2022035101.587.54$264
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 2021031971.323.90$1,244
Nov 202107777.435.24$403
Oct 2021014779.795.71$840
Sep 2021051769.865.35$2,766
Aug 2021019666.024.22$827
Jul 2021073270.783.98$2,915
Jun 2021566369.493.38$2,589
May 2021338063.483.02$1,337
Apr 2021010660.362.76$292
Mar 2021661661.302.72$2,041
Feb 2021089057.805.55$4,938
Jan 2021029550.412.81$829
Dec 202006744.642.68$179
Nov 2020019438.772.71$525
Oct 202003736.972.48$92
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 2020264030.341.86$1,249
Feb 2020237149.881.98$835
Jan 2020346357.252.09$1,142
Dec 2019539959.012.30$1,214
Nov 2019642255.302.75$1,493
Oct 2019451953.472.42$1,469
Sep 2019349155.052.66$1,470
Aug 2019243853.112.30$1,116
Jul 2019149756.272.46$1,279
Jun 2019143952.782.49$1,146
May 2019248058.482.74$1,432
Apr 2019141462.632.75$1,201
Mar 2019140456.803.06$1,294
Feb 2019339550.852.79$1,255
Jan 2019358346.033.23$2,020
Dec 2018576446.594.19$3,431
Nov 2018387052.934.24$3,845
Oct 2018170361.443.40$2,450
Sep 2018467159.543.11$2,324
Aug 2018375159.403.07$2,481
Jul 2018671565.142.93$2,487
Jun 2018172060.183.08$2,276
May 2018275565.382.90$2,321
Apr 2018170063.842.90$2,094
Mar 2018173161.222.79$2,098
Feb 2018169361.782.77$1,979
Jan 2018275662.874.01$3,157
Dec 2017295657.272.92$2,908
Nov 2017282655.423.12$2,687
Oct 2017284949.292.98$2,632
Sep 2017393447.523.09$3,026
Aug 2017199445.373.00$3,032
Jul 201721,00243.873.09$3,181
Jun 2017176842.493.09$2,414
May 2017282745.373.26$2,790
Apr 2017281447.933.21$2,710
Mar 2017289146.772.98$2,752
Feb 2017287450.452.95$2,681
Jan 2017194549.413.42$3,280
Dec 2016292048.763.72$3,523
Nov 2016395242.492.64$2,645
Oct 201631,11646.193.09$3,587
Sep 201661,34241.553.10$4,410
Aug 201681,44841.442.92$4,566
Jul 201671,49041.622.92$4,649
Jun 201671,48945.352.69$4,317
May 2016101,57742.521.99$3,565
Apr 201671,51236.561.99$3,266
Mar 201611,61533.011.79$2,930
Feb 2016101,63326.472.06$3,635
Jan 2016131,77527.352.36$4,552
Dec 2015131,73232.362.00$3,887
Nov 2015111,94838.792.17$4,649
Oct 2015152,08643.552.43$5,715
Sep 201582,02342.992.76$5,924
Aug 201592,14240.162.87$6,514
Jul 201552,38048.152.95$7,250
Jun 2015132,56656.152.88$8,127
May 2015262,15455.212.96$7,802
Apr 20151632,10349.822.71$13,813
Mar 2015141,92742.892.93$6,256
Feb 201541,33844.662.98$4,161
Jan 201551,66443.433.10$5,377
Dec 201451,45954.693.59$5,513
Nov 201452,00470.464.25$8,873
Oct 201442,46678.303.90$9,933
Sep 201432,46086.164.05$10,210
Aug 201402,60789.394.04$10,520
Jul 201412,61796.564.18$11,035
Jun 201462,54298.164.74$12,630
May 201452,67494.734.73$13,112
Apr 201432,56495.944.81$12,618
Mar 201452,37695.895.06$12,494
Feb 201452,49097.406.19$15,905
Jan 201482,81590.404.86$14,406
Dec 201382,56191.824.35$11,886
Nov 20131932,61788.853.74$26,931
Oct 201301,77697.423.78$6,712
Sep 201302,937104.113.72$10,919
Aug 201303,179104.253.52$11,198
Jul 201303,195102.523.72$11,878
Jun 20131352,99594.403.93$24,525
May 201302,74794.834.15$11,398
Apr 201302,79993.964.28$11,987
Mar 201302,76293.623.91$10,807
Feb 201315821091.233.42$15,133
Jan 201302,12991.603.42$7,281
Dec 201202,80186.773.42$9,580
Nov 201202,96186.953.62$10,734
Oct 201202,24989.383.40$7,646
Sep 2012095094.672.92$2,772
Aug 2012061792.662.91$1,794
Jul 201201,87785.133.02$5,670
Jun 201202,21579.822.52$5,580
May 20121971,61791.612.49$22,071
Apr 201201,327101.652.00$2,650
Mar 201201,773105.052.22$3,940
Feb 201201,464101.102.57$3,763
Jan 201201,43498.092.73$3,921
Dec 201102,03696.873.24$6,596
Nov 20112002,05295.723.31$25,939
Oct 201103,08584.983.65$11,256
Sep 201103,56883.623.99$14,221
Aug 201103,31083.404.15$13,734
Jul 201104,68594.144.52$21,163
Jun 201103,05192.904.64$14,156
May 201103,31298.134.40$14,589
Apr 201103,512105.964.33$15,218
Mar 201120017,09296.364.06$88,620
Feb 201103,65385.644.18$15,269
Jan 201104,59486.504.59$21,081
Dec 201004,67485.734.35$20,321
Nov 201006,48880.843.80$24,624
Oct 201004,56678.103.51$16,022
Sep 20101964,75472.633.98$33,154
Aug 201005,30073.684.42$23,423
Jul 201004,68372.554.74$22,181
Jun 201004,80170.364.91$23,575
May 201005,41171.124.24$22,917
Apr 20101935,83781.694.12$39,830
Mar 201006,97478.394.39$30,607
Feb 201007,23173.585.44$39,354
Jan 201007,99674.365.96$47,689
Dec 200908,43171.445.48$46,234
Nov 20091958,85174.593.75$47,750
Oct 200909,65472.544.11$39,680
Sep 200909,78765.543.06$29,995
Aug 2009010,51367.423.22$33,836
Jul 200918111,06661.133.46$49,403
Jun 2009011,31766.163.90$44,080
May 2009012,42154.743.93$48,762
Apr 2009014,28446.773.59$51,244
Mar 2009020,17342.144.06$81,882
Feb 2009037,32032.814.63$172,904

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                  171 Mcf  × $  3.05 =       $521

────────────────────────────────────────────────────
Month total                                     $521

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/248794 is the state's own key, not one this site invented.