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 258705District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Apr 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
194
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 Gas112011-03-16201529
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
CondensateDisposition2,681 bbl$185,563
GasProduction682,783 Mcf$2,506,114
Total$2,691,677

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 35.7339, -100.3751. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73386, -100.37511 · 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
Apr 2010
1 of 1 wells

1 well

42-21134524406812,800 ftApr 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 (194)

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

194 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 202225094.529.13$2,363
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 2020285230.341.86$946
Feb 2020281,55449.881.98$4,475
Jan 2020331,73357.252.09$5,519
Dec 2019251,73159.012.30$5,464
Nov 2019301,65355.302.75$6,206
Oct 2019251,69553.472.42$5,436
Sep 2019131,27755.052.66$4,109
Aug 2019121,16053.112.30$3,310
Jul 2019286556.272.46$2,240
Jun 2019512052.782.49$563
May 20190458.482.74$11
Apr 20191078462.632.75$2,783
Mar 2019182,31456.803.06$8,108
Feb 2019272,23250.852.79$7,605
Jan 2019172,47346.033.23$8,766
Dec 2018242,45146.594.19$11,377
Nov 2018292,57852.934.24$12,459
Oct 2018122,65661.443.40$9,763
Sep 2018202,67459.543.11$9,502
Aug 2018142,79359.403.07$9,397
Jul 2018362,69365.142.93$10,241
Jun 2018112,75660.183.08$9,142
May 2018152,87765.382.90$9,326
Apr 2018142,71963.842.90$8,781
Mar 2018222,83161.222.79$9,236
Feb 2018212,73461.782.77$8,860
Jan 2018182,99962.874.01$13,156
Dec 2017133,08857.272.92$9,766
Nov 2017133,02055.423.12$10,138
Oct 2017133,15249.292.98$10,045
Sep 2017233,10347.523.09$10,673
Aug 2017103,17245.373.00$9,984
Jul 2017133,21343.873.09$10,490
Jun 201753,02742.493.09$9,558
May 2017113,25245.373.26$11,112
Apr 201773,15547.933.21$10,468
Mar 2017113,26146.772.98$10,244
Feb 2017122,96150.452.95$9,348
Jan 201753,22149.413.42$11,259
Dec 201683,22448.763.72$12,392
Nov 2016133,26242.492.64$9,178
Oct 2016123,44446.193.09$11,197
Sep 2016123,32741.553.10$10,814
Aug 2016103,50241.442.92$10,655
Jul 2016133,54041.622.92$10,893
Jun 2016143,50845.352.69$10,057
May 2016183,61742.521.99$7,967
Apr 2016163,52836.561.99$7,609
Mar 201623,85133.011.79$6,975
Feb 2016233,56826.472.06$7,972
Jan 2016233,72527.352.36$9,436
Dec 2015324,01532.362.00$9,071
Nov 2015264,03938.792.17$9,762
Oct 2015374,33143.552.43$12,121
Sep 2015204,21242.992.76$12,478
Aug 2015224,36240.162.87$13,413
Jul 201584,23748.152.95$12,864
Jun 2015143,83656.152.88$11,845
May 2015253,96155.212.96$13,087
Apr 2015133,83849.822.71$11,035
Mar 2015124,06842.892.93$12,453
Feb 201593,49144.662.98$10,792
Jan 2015104,00643.433.10$12,855
Dec 201473,06654.693.59$11,394
Nov 201473,36270.464.25$14,788
Oct 201483,99578.303.90$16,211
Sep 201473,94586.164.05$16,562
Aug 2014104,06889.394.04$17,309
Jul 2014244,05896.564.18$19,278
Jun 2014293,95998.164.74$21,600
May 2014344,19494.734.73$23,044
Apr 2014303,83195.944.81$21,302
Mar 2014384,08095.895.06$24,276
Feb 2014274,21497.406.19$28,723
Jan 2014344,92890.404.86$27,027
Dec 2013275,15291.824.35$24,913
Nov 2013145,07288.853.74$20,204
Oct 201304,72397.423.78$17,850
Sep 201305,168104.113.72$19,213
Aug 201305,573104.253.52$19,632
Jul 201305,735102.523.72$21,321
Jun 201305,73894.403.93$22,570
May 201305,93694.834.15$24,629
Apr 201305,69893.964.28$24,402
Mar 201306,01093.623.91$23,516
Feb 20131575,52091.233.42$33,201
Jan 201305,98691.603.42$20,472
Dec 201206,03086.773.42$20,624
Nov 201206,05386.953.62$21,942
Oct 201206,37889.383.40$21,683
Sep 201206,37494.672.92$18,602
Aug 201206,97392.662.91$20,279
Jul 201207,03485.133.02$21,248
Jun 201207,05779.822.52$17,777
May 201207,47691.612.49$18,603
Apr 201207,490101.652.00$14,956
Mar 201207,678105.052.22$17,061
Feb 201206,470101.102.57$16,629
Jan 201207,80798.092.73$21,345
Dec 201107,80796.873.24$25,293
Nov 201107,90395.723.31$26,169
Oct 201109,22484.983.65$33,654
Sep 201109,39283.623.99$37,435
Aug 201109,47183.404.15$39,298
Jul 2011011,23494.144.52$50,747
Jun 2011011,19992.904.64$51,962
May 2011012,00898.134.40$52,893
Apr 2011011,773105.964.33$51,016
Mar 201120011,46996.364.06$65,806
Feb 2011011,23085.644.18$46,941
Jan 2011012,68286.504.59$58,195
Dec 2010013,72485.734.35$59,669
Nov 201019714,45080.843.80$70,768
Oct 2010015,87578.103.51$55,704
Sep 2010015,90772.633.98$63,301
Aug 201019315,90473.684.42$84,506
Jul 201019218,81272.554.74$103,032
Jun 201019622,64270.364.91$124,972
May 201018844,70671.124.24$202,710
Apr 2010018,01581.694.12$74,270

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.

Aug 2022 — as filed, then multipliedworked
Condensate            25 bbl  × $ 94.52 =     $2,363
Gas                    0 Mcf  × $  9.13 =         $0

────────────────────────────────────────────────────
Month total                                   $2,363

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/258705 is the state's own key, not one this site invented.