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 248796District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Jan 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
209
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 Gas112009-08-14193864
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
CondensateDisposition4,595 bbl$303,322
GasProduction520,016 Mcf$2,034,364
Total$2,337,686

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 35.7300, -100.3924. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72996, -100.39238 · 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
12,805 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 12,805 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-21134466246712,805 ftJan 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 (209)

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

209 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 202501967.704.27$81
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 202301368.962.26$29
May 202303970.622.23$87
Apr 202302578.122.24$56
Mar 202301272.852.39$29
Feb 202303375.112.47$81
Jan 20230076.533.39$0
Dec 202201676.415.73$92
Nov 202201285.005.65$68
Oct 20220087.185.86$0
Sep 202201084.888.16$82
Aug 202271794.529.13$817
Jul 2022018101.587.54$136
Jun 202200115.097.98$0
May 2022016109.378.43$135
Apr 202208104.226.84$55
Mar 2022011108.885.08$56
Feb 202201391.054.86$63
Jan 202204881.844.54$218
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 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 20170055.423.12$0
Oct 2017154049.292.98$7,591
Sep 201751047.523.09$268
Aug 20170045.373.00$0
Jul 20173343.873.09$141
Jun 2017217842.493.09$635
May 2017595645.373.26$3,347
Apr 201772,32947.933.21$7,815
Mar 2017142,59946.772.98$8,409
Feb 2017122,32650.452.95$7,473
Jan 201752,57049.413.42$9,033
Dec 201682,20748.763.72$8,606
Nov 2016142,52042.492.64$7,259
Oct 2016142,62746.193.09$8,765
Sep 2016132,52441.553.10$8,366
Aug 20161972,64241.442.92$15,890
Jul 2016142,65741.622.92$8,353
Jun 2016152,60445.352.69$7,674
May 2016192,88542.521.99$6,552
Apr 2016162,13736.561.99$4,840
Mar 201622,73533.011.79$4,973
Feb 2016292,63826.472.06$6,211
Jan 2016272,31227.352.36$6,205
Dec 2015322,65232.362.00$6,343
Nov 20152102,68938.792.17$13,974
Oct 2015302,76743.552.43$8,021
Sep 2015172,65342.992.76$8,049
Aug 2015182,74640.162.87$8,611
Jul 201592,79148.152.95$8,653
Jun 2015142,67356.152.88$8,492
May 2015282,81255.212.96$9,857
Apr 2015132,72349.822.71$8,018
Mar 2015122,81842.892.93$8,785
Feb 20151882,61944.662.98$16,191
Jan 201592,67243.433.10$8,676
Dec 201492,14154.693.59$8,181
Nov 201472,31670.464.25$10,340
Oct 201482,77878.303.90$11,463
Sep 201472,72586.164.05$11,627
Aug 201492,80789.394.04$12,131
Jul 2014182,84096.564.18$13,608
Jun 2014182,60198.164.74$14,088
May 2014172,79994.734.73$14,840
Apr 2014192,65795.944.81$14,601
Mar 20141972,85595.895.06$33,327
Feb 2014192,57597.406.19$17,795
Jan 2014273,07290.404.86$17,373
Dec 2013202,96791.824.35$14,756
Nov 2013232,88588.853.74$12,828
Oct 201302,76597.423.78$10,450
Sep 201303,078104.113.72$11,443
Aug 20131903,231104.253.52$31,189
Jul 201303,323102.523.72$12,354
Jun 201303,19494.403.93$12,563
May 201303,36894.834.15$13,974
Apr 201303,23193.964.28$13,837
Mar 201303,29193.623.91$12,877
Feb 20131623,04891.233.42$25,203
Jan 201303,24991.603.42$11,111
Dec 201203,19686.773.42$10,931
Nov 201203,24086.953.62$11,745
Oct 201203,51489.383.40$11,946
Sep 201203,43894.672.92$10,033
Aug 201203,59692.662.91$10,458
Jul 201203,55485.133.02$10,736
Jun 201203,55979.822.52$8,965
May 20121983,66791.612.49$27,263
Apr 201203,567101.652.00$7,123
Mar 201203,210105.052.22$7,133
Feb 201203,007101.102.57$7,729
Jan 201203,51198.092.73$9,599
Dec 201103,68596.873.24$11,938
Nov 20112023,72395.723.31$31,663
Oct 201104,24084.983.65$15,470
Sep 201104,40683.623.99$17,561
Aug 201104,70983.404.15$19,539
Jul 201104,90994.144.52$22,175
Jun 20111974,89092.904.64$40,990
May 201104,86698.134.40$21,434
Apr 201104,915105.964.33$21,298
Mar 201104,75296.364.06$19,280
Feb 20111924,89785.644.18$36,912
Jan 201106,01286.504.59$27,588
Dec 201005,42685.734.35$23,591
Nov 201005,40380.843.80$20,506
Oct 201005,88778.103.51$20,657
Sep 20101926,04472.633.98$37,997
Aug 201006,68573.684.42$29,543
Jul 201007,02772.554.74$33,283
Jun 20101736,99170.364.91$46,501
May 201007,16671.124.24$30,350
Apr 20101847,44481.694.12$45,720
Mar 201008,02778.394.39$35,228
Feb 201007,13373.585.44$38,820
Jan 20101958,21474.365.96$63,489
Dec 200908,50871.445.48$46,656
Nov 200908,97974.593.75$33,685
Oct 2009010,57072.544.11$43,445
Sep 200919111,08265.543.06$46,482
Aug 2009012,48067.423.22$40,167
Jul 200919313,72261.133.46$59,338
Jun 2009014,66466.163.90$57,116
May 2009017,24054.743.93$67,680
Apr 200918919,23446.773.59$77,842
Mar 200918923,00442.144.06$101,338
Feb 200938728,16532.814.63$143,186
Jan 2009129,67835.865.37$159,436

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.

Mar 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.70 =         $0
Gas                   19 Mcf  × $  4.27 =        $81

────────────────────────────────────────────────────
Month total                                      $81

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/248796 is the state's own key, not one this site invented.