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 258704District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
May 2010 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
193
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 Gas112011-03-16201528
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
CondensateDisposition2,820 bbl$191,529
GasProduction698,398 Mcf$2,566,049
Total$2,757,578

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 35.7359, -100.3846. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73594, -100.38465 · 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
May 2010
1 of 1 wells

1 well

42-21134449177012,800 ftMay 2010

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 (193)

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

193 months

May 202601,247106.413.05$3,798
Apr 202601,61998.932.87$4,646
Mar 202601,09389.753.15$3,442
Feb 202601,29263.503.75$4,845
Jan 202601,49359.138.00$11,941
Dec 202501,45356.664.41$6,413
Nov 202501,43158.593.93$5,619
Oct 202501,46659.383.30$4,845
Sep 202501,45562.743.08$4,477
Aug 202501,39263.933.01$4,197
Jul 202501,49266.743.32$4,946
Jun 202501,42866.483.13$4,468
May 202501,56660.553.23$5,062
Apr 202501,45362.363.54$5,148
Mar 202501,58067.704.27$6,744
Feb 202501,49570.884.34$6,490
Jan 202501,48674.324.28$6,358
Dec 202401,53468.993.12$4,788
Nov 202401,50769.052.20$3,313
Oct 202401,54371.372.28$3,520
Sep 202401,52369.612.36$3,601
Aug 202401,57075.632.06$3,240
Jul 202401,45279.932.15$3,117
Jun 202401,47278.082.63$3,877
May 202401,56478.812.20$3,438
Apr 202401,47384.451.66$2,444
Mar 202401,67980.301.55$2,594
Feb 202401,56376.091.78$2,788
Jan 202401,65673.023.30$5,461
Dec 202301,65471.262.61$4,318
Nov 202301,66577.892.81$4,675
Oct 202301,73985.443.09$5,369
Sep 202301,74189.042.74$4,762
Aug 202301,77680.522.67$4,747
Jul 202301,77974.852.64$4,700
Jun 202301,73368.962.26$3,914
May 202301,84370.622.23$4,105
Apr 202301,73578.122.24$3,883
Mar 202301,75872.852.39$4,207
Feb 202301,57475.112.47$3,881
Jan 202301,77576.533.39$6,013
Dec 202201,70776.415.73$9,780
Nov 202201,66885.005.65$9,418
Oct 202201,87787.185.86$11,006
Sep 202201,83084.888.16$14,940
Aug 202201,80494.529.13$16,465
Jul 202201,883101.587.54$14,202
Jun 202201,824115.097.98$14,550
May 202201,793109.378.43$15,120
Apr 202201,678104.226.84$11,473
Mar 202201,770108.885.08$8,985
Feb 202201,60891.054.86$7,813
Jan 202201,76381.844.54$8,000
Dec 202101,75471.323.90$6,839
Nov 202101,80177.435.24$9,432
Oct 202101,86679.795.71$10,662
Sep 202101,89769.865.35$10,151
Aug 202101,93566.024.22$8,167
Jul 202101,92470.783.98$7,662
Jun 2021112,00469.493.38$7,539
May 202181,98163.483.02$6,486
Apr 202181,89860.362.76$5,718
Mar 2021111,94661.302.72$5,961
Feb 202151,33157.805.55$7,673
Jan 202101,94550.412.81$5,466
Dec 2020612,00744.642.68$8,093
Nov 2020341,97338.772.71$6,658
Oct 202072,09536.972.48$5,451
Sep 2020111,96837.091.99$4,326
Aug 2020132,05039.982.39$5,409
Jul 2020252,10238.371.83$4,796
Jun 202032,08234.901.69$3,624
May 202022,48016.921.81$4,534
Apr 202031,04114.751.80$1,923
Mar 2020311,76830.341.86$4,222
Feb 2020301,85849.881.98$5,176
Jan 2020311,92957.252.09$5,816
Dec 2019301,98359.012.30$6,340
Nov 2019292,00055.302.75$7,105
Oct 2019352,16053.472.42$7,096
Sep 2019242,06055.052.66$6,795
Aug 2019272,11653.112.30$6,310
Jul 201992,12256.272.46$5,727
Jun 2019142,05752.782.49$5,863
May 2019222,20658.482.74$7,332
Apr 2019172,18462.632.75$7,072
Mar 2019182,03256.803.06$7,245
Feb 2019281,97450.852.79$6,936
Jan 2019162,37746.033.23$8,410
Dec 2018212,31846.594.19$10,680
Nov 2018242,44652.934.24$11,635
Oct 2018142,28561.443.40$8,625
Sep 2018252,37959.543.11$8,882
Aug 2018152,53059.403.07$8,649
Jul 2018482,27165.142.93$9,785
Jun 2018112,38360.183.08$7,994
May 2018162,49765.382.90$8,289
Apr 2018162,38363.842.90$7,934
Mar 2018242,44361.222.79$8,278
Feb 2018232,18561.782.77$7,465
Jan 2018212,54462.874.01$11,520
Dec 2017172,34857.272.92$7,833
Nov 2017152,51655.423.12$8,677
Oct 2017142,63049.292.98$8,537
Sep 2017252,62547.523.09$9,292
Aug 201792,54845.373.00$8,064
Jul 2017132,68143.873.09$8,847
Jun 2017112,55742.493.09$8,362
May 2017132,69445.373.26$9,381
Apr 201782,61647.933.21$8,785
Mar 2017122,67746.772.98$8,549
Feb 2017122,42050.452.95$7,751
Jan 201732,72849.413.42$9,475
Dec 201652,45848.763.72$9,395
Nov 201642,62442.492.64$7,109
Oct 201652,75146.193.09$8,732
Sep 201652,68141.553.10$8,521
Aug 201642,83541.442.92$8,456
Jul 201642,87341.622.92$8,568
Jun 201662,82145.352.69$7,849
May 201683,20642.521.99$6,723
Apr 201642,30936.561.99$4,744
Mar 201612,97133.011.79$5,363
Feb 2016102,93526.472.06$6,321
Jan 2016112,44127.352.36$6,072
Dec 2015142,80932.362.00$6,075
Nov 201562,84738.792.17$6,403
Oct 2015113,01543.552.43$7,795
Sep 201582,95142.992.76$8,484
Aug 2015103,10840.162.87$9,329
Jul 201553,22348.152.95$9,733
Jun 201583,04956.152.88$9,239
May 2015183,24655.212.96$10,587
Apr 2015153,14649.822.71$9,262
Mar 2015123,25742.892.93$10,073
Feb 2015102,70344.662.98$8,491
Jan 2015102,83443.433.10$9,221
Dec 2014102,32554.693.59$8,897
Nov 201472,67670.464.25$11,871
Oct 201493,13178.303.90$12,919
Sep 201483,05186.164.05$13,032
Aug 201493,14689.394.04$13,499
Jul 2014143,22596.564.18$14,831
Jun 2014113,14998.164.74$15,996
May 2014153,31694.734.73$17,094
Apr 2014153,18195.944.81$16,737
Mar 2014183,33795.895.06$18,601
Feb 201473,06097.406.19$19,629
Jan 2014173,61690.404.86$19,113
Dec 2013203,94091.824.35$18,993
Nov 2013173,69388.853.74$15,316
Oct 201303,51097.423.78$13,266
Sep 201303,924104.113.72$14,588
Aug 201304,144104.253.52$14,598
Jul 201304,287102.523.72$15,938
Jun 201304,21894.403.93$16,591
May 201304,47894.834.15$18,580
Apr 201304,55993.964.28$19,524
Mar 201305,85193.623.91$22,894
Feb 201304,48391.233.42$15,331
Jan 201305,30191.603.42$18,129
Dec 201204,81386.773.42$16,461
Nov 201205,04386.953.62$18,281
Oct 201205,33689.383.40$18,141
Sep 201205,43594.672.92$15,862
Aug 201205,79392.662.91$16,847
Jul 20121036,49285.133.02$28,379
Jun 201206,37179.822.52$16,049
May 201206,57091.612.49$16,348
Apr 201205,912101.652.00$11,805
Mar 201205,723105.052.22$12,717
Feb 201205,151101.102.57$13,239
Jan 201205,98498.092.73$16,361
Dec 201106,19496.873.24$20,067
Nov 20112045,85695.723.31$38,918
Oct 201106,64884.983.65$24,255
Sep 201106,77783.623.99$27,012
Aug 201106,91983.404.15$28,709
Jul 201107,52294.144.52$33,979
Jun 201107,77392.904.64$36,066
May 201108,45698.134.40$37,247
Apr 201108,807105.964.33$38,163
Mar 201108,28796.364.06$33,623
Feb 20111969,09885.644.18$54,815
Jan 2011010,59086.504.59$48,595
Dec 2010011,50985.734.35$50,038
Nov 2010011,88480.843.80$45,104
Oct 201020013,51378.103.51$63,036
Sep 201019714,94072.633.98$73,761
Aug 2010016,58973.684.42$73,313
Jul 201038322,26472.554.74$133,240
Jun 201019131,59270.364.91$168,568
May 2010240,29971.124.24$170,817

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                1,247 Mcf  × $  3.05 =     $3,798

────────────────────────────────────────────────────
Month total                                   $3,798

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/258704 is the state's own key, not one this site invented.