HOBBS

Operated by BCE-MACH III LLC (P-5 40209) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 26109District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$292 k
Jan 1993 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

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
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
GasProduction86,400 Mcf$292,044
Total$292,044

17,990 Mcf of this lease's gas, across 41 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 35.1813, -100.0438. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.18133, -100.04383 · 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
1,945 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 1,945 ft.

Completions filed
Oct 1951
1 of 1 wells

1 well

42-0878012111,945 ftOct 1951

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 (401)

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

401 months

May 2026139106.413.05$423
Apr 20269798.932.87$278
Mar 202613389.753.15$419
Feb 20269563.503.75$356
Jan 202613059.138.00$1,040
Dec 202512556.664.41$552
Nov 202512258.593.93$479
Oct 202514559.383.30$479
Sep 202513562.743.08$415
Aug 202510763.933.01$323
Jul 202513666.743.32$451
Jun 202511066.483.13$344
May 202512860.553.23$414
Apr 202511862.363.54$418
Mar 202513267.704.27$563
Feb 202513370.884.34$577
Jan 202514274.324.28$608
Dec 202413768.993.12$428
Nov 20249869.052.20$215
Oct 202415271.372.28$347
Sep 202411169.612.36$262
Aug 202414375.632.06$295
Jul 202412879.932.15$275
Jun 20247178.082.63$187
May 202412078.812.20$264
Apr 20249484.451.66$156
Mar 202411180.301.55$172
Feb 202410276.091.78$182
Jan 202420673.023.30$679
Dec 202310971.262.61$285
Nov 202312377.892.81$345
Oct 202310585.443.09$324
Sep 20236189.042.74$167
Aug 20236580.522.67$174
Jul 20234274.852.64$111
Jun 202310668.962.26$239
May 202313570.622.23$301
Apr 202311578.122.24$257
Mar 202351672.852.39$1,235
Feb 202344975.112.47$1,107
Jan 202312876.533.39$434
Dec 202212976.415.73$739
Nov 202213085.005.65$734
Oct 202214887.185.86$868
Sep 202211484.888.16$931
Aug 202213694.529.13$1,241
Jul 2022131101.587.54$988
Jun 2022110115.097.98$877
May 2022144109.378.43$1,214
Apr 2022122104.226.84$834
Mar 2022141108.885.08$716
Feb 202211091.054.86$534
Jan 202215581.844.54$703
Dec 202114571.323.90$565
Nov 202111877.435.24$618
Oct 202116579.795.71$943
Sep 202113669.865.35$728
Aug 202112866.024.22$540
Jul 2021070.783.98$0
Jun 202112769.493.38$429
May 202111363.483.02$341
Apr 2021060.362.76$0
Mar 202112161.302.72$329
Feb 202111657.805.55$644
Jan 202112550.412.81$351
Dec 20205444.642.68$144
Nov 202011838.772.71$319
Oct 202010436.972.48$258
Sep 20206437.091.99$127
Aug 202010039.982.39$239
Jul 202013238.371.83$241
Jun 20202034.901.69$34
May 20202516.921.81$45
Apr 20201614.751.80$29
Mar 20208930.341.86$165
Feb 2020049.881.98$0
Jan 20207357.252.09$153
Dec 20195459.012.30$124
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 20192055.052.66$53
Aug 201915253.112.30$350
Jul 201916156.272.46$396
Jun 201910652.782.49$264
May 20199958.482.74$271
Apr 20194062.632.75$110
Mar 2019156.803.06$3
Feb 20198950.852.79$249
Jan 20197446.033.23$239
Dec 20184746.594.19$197
Nov 201810152.934.24$428
Oct 201813561.443.40$459
Sep 201813259.543.11$410
Aug 201815559.403.07$475
Jul 201815065.142.93$440
Jun 201815760.183.08$483
May 201815465.382.90$447
Apr 201815863.842.90$458
Mar 201816761.222.79$465
Feb 201815361.782.77$423
Jan 201817762.874.01$710
Dec 201717657.272.92$514
Nov 201717055.423.12$530
Oct 201717049.292.98$507
Sep 201717647.523.09$543
Aug 201716845.373.00$505
Jul 201716843.873.09$519
Jun 201716642.493.09$512
May 201716745.373.26$545
Apr 201713047.933.21$418
Mar 20178046.772.98$239
Feb 20179750.452.95$286
Jan 201716949.413.42$578
Dec 201618048.763.72$670
Nov 201617442.492.64$460
Oct 201616646.193.09$513
Sep 201616841.553.10$521
Aug 201617141.442.92$500
Jul 201616941.622.92$494
Jun 201616045.352.69$430
May 201616542.521.99$329
Apr 201617136.561.99$340
Mar 201616633.011.79$298
Feb 201617226.472.06$355
Jan 201616827.352.36$397
Dec 201518832.362.00$376
Nov 201517938.792.17$388
Oct 201518343.552.43$444
Sep 201516242.992.76$447
Aug 201512140.162.87$348
Jul 201515348.152.95$451
Jun 201515556.152.88$447
May 201516455.212.96$485
Apr 201515349.822.71$414
Mar 201517942.892.93$525
Feb 201514844.662.98$440
Jan 201516543.433.10$512
Dec 201416454.693.59$589
Nov 201416070.464.25$680
Oct 201416178.303.90$628
Sep 201414886.164.05$599
Aug 201414989.394.04$601
Jul 201415196.564.18$631
Jun 201415698.164.74$739
May 201417794.734.73$837
Apr 201417395.944.81$832
Mar 201417495.895.06$880
Feb 201416897.406.19$1,040
Jan 201418090.404.86$875
Dec 201318091.824.35$784
Nov 201316688.853.74$621
Oct 201316597.423.78$624
Sep 2013151104.113.72$561
Aug 2013164104.253.52$578
Jul 2013170102.523.72$632
Jun 201316394.403.93$641
May 201317694.834.15$730
Apr 201316793.964.28$715
Mar 201317493.623.91$681
Feb 201315791.233.42$537
Jan 201317191.603.42$585
Dec 201219586.773.42$667
Nov 201218086.953.62$652
Oct 201219989.383.40$677
Sep 201218594.672.92$540
Aug 201218792.662.91$544
Jul 201219285.133.02$580
Jun 201218979.822.52$476
May 201219791.612.49$490
Apr 2012184101.652.00$367
Mar 2012189105.052.22$420
Feb 2012186101.102.57$478
Jan 201219898.092.73$541
Dec 201119096.873.24$616
Nov 201118195.723.31$599
Oct 201119184.983.65$697
Sep 201120583.623.99$817
Aug 201120183.404.15$834
Jul 201120894.144.52$940
Jun 201119692.904.64$909
May 201120998.134.40$921
Apr 2011159105.964.33$689
Mar 201116996.364.06$686
Feb 20119885.644.18$410
Jan 201118186.504.59$831
Dec 201019685.734.35$852
Nov 201012480.843.80$471
Oct 201015878.103.51$554
Sep 201018172.633.98$720
Aug 201018573.684.42$818
Jul 201011972.554.74$564
Jun 201011070.364.91$540
May 20103971.124.24$165
Apr 201011181.694.12$458
Mar 201020178.394.39$882
Feb 20109973.585.44$539
Jan 201018574.365.96$1,103
Dec 200918371.445.48$1,004
Nov 200917974.593.75$672
Oct 200923272.544.11$954
Sep 200921265.543.06$650
Aug 200921667.423.22$695
Jul 200913761.133.46$475
Jun 200918166.163.90$705
May 200919854.743.93$777
Apr 200912246.773.59$438
Mar 200920842.144.06$844
Feb 200919132.814.63$885
Jan 200921035.865.37$1,128
Dec 200821137.105.98$1,261
Nov 200819955.496.86$1,365
Oct 200820375.246.92$1,405
Sep 2008206101.767.88$1,623
Aug 2008212114.228.48$1,798
Jul 2008210131.0811.39$2,392
Jun 2008210131.3313.03$2,737
May 2008191123.1711.57$2,211
Apr 2008221110.3110.45$2,311
Mar 2008236101.909.66$2,281
Feb 200820692.538.77$1,807
Jan 200821690.388.21$1,772
Dec 200716988.337.30$1,234
Nov 200717291.677.29$1,254
Oct 200719582.856.92$1,350
Sep 200720375.846.24$1,268
Aug 200721369.066.39$1,361
Jul 200721270.906.39$1,354
Jun 200719862.007.55$1,495
May 200720458.747.85$1,601
Apr 200719759.617.81$1,538
Mar 200720756.927.30$1,512
Feb 200716655.108.22$1,364
Jan 200719050.306.73$1,278
Dec 200620156.656.92$1,391
Nov 200619154.207.62$1,455
Oct 200612954.906.01$776
Sep 200619060.085.04$957
Aug 200621368.717.34$1,563
Jul 200622369.376.34$1,414
Jun 200622466.286.38$1,430
May 200622166.016.42$1,420
Apr 200621464.397.36$1,575
Mar 200622356.707.08$1,579
Feb 200618557.597.75$1,434
Jan 200621660.598.93$1,930
Dec 200522054.9413.42$2,951
Nov 200521254.6910.59$2,245
Oct 200522558.3413.80$3,104
Sep 200522261.4512.08$2,682
Aug 200523561.519.80$2,302
Jul 200523555.697.84$1,843
Jun 200523052.337.38$1,698
May 200522645.226.65$1,503
Apr 200521449.207.36$1,575
Mar 200519750.377.15$1,410
Feb 200519345.226.31$1,218
Jan 200520143.166.32$1,271
Dec 200424239.866.75$1,634
Nov 200424445.286.33$1,545
Oct 200425549.706.52$1,661
Sep 200425043.245.28$1,321
Aug 200425842.375.55$1,432
Jul 200426538.286.08$1,612
Jun 200426336.106.43$1,692
May 200427237.486.49$1,767
Apr 200426234.475.86$1,535
Mar 200423634.365.53$1,305
Feb 200423332.455.51$1,284
Jan 200424832.036.30$1,562
Dec 200324630.266.30$1,550
Nov 200324228.804.60$1,112
Oct 200325528.174.76$1,214
Sep 200325026.314.75$1,187
Aug 200323629.765.13$1,211
Jul 200325729.415.17$1,329
Jun 200325328.565.98$1,514
May 200325326.595.97$1,511
Apr 200324226.675.41$1,309
Mar 200324531.146.10$1,494
Feb 200321233.487.93$1,680
Jan 200324030.315.58$1,340
Dec 200223626.914.85$1,145
Nov 200223224.664.14$960
Oct 200225626.464.23$1,083
Sep 200224727.443.64$898
Aug 200225525.963.16$807
Jul 200227324.583.06$836
Jun 200224023.733.34$801
May 200225624.663.58$918
Apr 200226123.653.51$917
Mar 200227222.003.10$844
Feb 200224818.222.38$589
Jan 200228317.172.38$672
Dec 200130216.932.36$714
Nov 200128318.072.41$681
Oct 200129619.782.53$749
Sep 200128524.262.25$642
Aug 200124124.873.05$736
Jul 200130823.933.20$985
Jun 200131524.563.82$1,205
May 200128325.524.31$1,219
Apr 200127024.685.34$1,441
Mar 200129124.545.38$1,565
Feb 200126127.755.77$1,505
Jan 200130927.478.40$2,595
Dec 200032526.889.12$2,965
Nov 200024032.215.66$1,358
Oct 200032031.235.15$1,647
Sep 200030631.875.19$1,587
Aug 200031329.644.54$1,421
Jul 200031728.534.09$1,296
Jun 200032929.304.40$1,447
May 200023827.263.68$876
Apr 200031424.513.12$978
Mar 200033328.422.86$952
Feb 200029627.622.73$807
Jan 200032425.272.48$804
Dec 199932324.282.42$783
Nov 199932123.192.43$781
Oct 199931820.982.80$892
Sep 199929921.752.62$783
Aug 199933019.262.88$949
Jul 199931817.892.37$754
Jun 199934315.942.36$810
May 199934315.792.32$796
Apr 199933015.102.21$729
Mar 199932612.471.84$599
Feb 19993039.981.82$551
Jan 199935910.381.90$682
Dec 19983399.201.77$601
Nov 199833410.892.19$730
Oct 199835812.421.97$705
Sep 199833212.592.08$691
Aug 199835011.301.91$668
Jul 199833511.742.24$749
Jun 199830011.242.24$671
May 199834912.622.21$770
Apr 199835613.042.51$892
Mar 199836612.802.31$845
Feb 199832913.952.30$756
Jan 199836514.702.15$787
Dec 199736916.322.41$890
Nov 199736018.193.09$1,112
Oct 199740719.253.15$1,282
Sep 199740317.742.95$1,191
Aug 199740617.862.55$1,037
Jul 199742917.582.25$964
Jun 199741017.242.26$925
May 199719618.972.31$452
Apr 199728017.882.08$583
Mar 199741618.951.94$807
Feb 199737720.492.21$832
Jan 199740423.483.54$1,430
Dec 199642223.32$0
Nov 199638921.97$0
Oct 199640123.31$0
Sep 199640322.22$0
Aug 199645120.26$0
Jul 199640819.55$0
Jun 199640718.73$0
May 199641819.43$0
Apr 199635821.51$0
Mar 199636519.38$0
Feb 199637216.98$0
Jan 199639417.07$0
Dec 199525717.19$0
Nov 1995016.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 199536415.24$0
Jun 199538616.41$0
May 199542617.56$0
Apr 199540317.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 199540715.92$0
Dec 199446315.03$0
Nov 199445915.90$0
Oct 199446715.58$0
Sep 199441815.29$0
Aug 199441916.13$0
Jul 199445917.56$0
Jun 1994017.09$0
May 199447815.88$0
Apr 199439714.14$0
Mar 199448212.46$0
Feb 199441212.50$0
Jan 199447612.66$0
Dec 199348312.33$0
Nov 199348014.49$0
Oct 199350615.85$0
Sep 199349415.03$0
Aug 199349115.66$0
Jul 199351815.46$0
Jun 199350716.79$0
May 199348917.68$0
Apr 199349418.05$0
Mar 199352718.14$0
Feb 199348117.90$0
Jan 199355916.93$0

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
Gas                  139 Mcf  × $  3.05 =       $423

────────────────────────────────────────────────────
Month total                                     $423

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/26109 is the state's own key, not one this site invented.