HOBART RANCH 19

Operated by MMGL TXPH, LLC (P-5 101619) in the BUFFALO WALLOW (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278377District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.9 M
Aug 2014 – May 2026
Value, last 12 filed months
$382 k
at the published price for each month
Months reported
142
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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered
1974-09-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2016-03-29.

The Commission's schedule remark for this field reads: 01-30-2024

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 Gas112016-11-04218007
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
CondensateDisposition63,424 bbl$3,416,106
GasProduction2,409,991 Mcf$7,520,148
Total$10,936,254

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 35.7072, -100.3286. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.70717, -100.32858 · 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
11,326 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 11,326 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-211353055H11,326 ftAug 2014

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 (142)

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

142 months

May 20261646,292106.413.05$36,616
Apr 20261756,56698.932.87$36,155
Mar 202606,92289.753.15$21,800
Feb 20261737,05863.503.75$37,455
Jan 202607,67459.138.00$61,376
Dec 20253538,88856.664.41$59,227
Nov 202509,58658.593.93$37,639
Oct 202504,10359.383.30$13,560
Sep 202501,66762.743.08$5,129
Aug 20251541,87263.933.01$15,489
Jul 202507,16966.743.32$23,767
Jun 20251846,83166.483.13$33,605
May 202517811,73660.553.23$48,712
Apr 202517410,90562.363.54$49,488
Mar 202517411,59767.704.27$61,280
Feb 202515510,18770.884.34$55,207
Jan 202517611,53874.324.28$62,448
Dec 202418711,80668.993.12$49,752
Nov 2024011,15869.052.20$24,530
Oct 202434211,62071.372.28$50,918
Sep 202416511,42469.612.36$38,496
Aug 202416711,65175.632.06$36,674
Jul 202417211,54079.932.15$38,520
Jun 202416711,03078.082.63$42,092
May 2024010,62978.812.20$23,367
Apr 20241739,27684.451.66$30,001
Mar 20241719,79280.301.55$28,861
Feb 20241919,21976.091.78$30,977
Jan 20241738,35573.023.30$40,184
Dec 20231859,09971.262.61$36,938
Nov 2023012,18577.892.81$34,210
Oct 202334511,22885.443.09$64,141
Sep 202318511,13789.042.74$46,933
Aug 202316811,20180.522.67$43,466
Jul 2023011,31174.852.64$29,881
Jun 20231818,83968.962.26$32,444
May 202317010,79670.622.23$36,052
Apr 202336910,61878.122.24$52,587
Mar 202317910,78072.852.39$38,838
Feb 20231797,88175.112.47$32,877
Jan 2023010,08276.533.39$34,155
Dec 20221759,74576.415.73$69,202
Nov 20221718,78885.005.65$64,154
Oct 20221739,68787.185.86$71,884
Sep 20221748,66984.888.16$85,540
Aug 20223517,42894.529.13$100,973
Jul 202207,963101.587.54$60,058
Jun 20221577,794115.097.98$80,243
May 20221797,767109.378.43$85,077
Apr 20221798,014104.226.84$73,452
Mar 20223528,298108.885.08$80,450
Feb 20221827,27091.054.86$51,895
Jan 202207,66081.844.54$34,759
Dec 202135610,63971.323.90$66,873
Nov 202109,53677.435.24$49,939
Oct 202136112,16679.795.71$98,319
Sep 202118611,29169.865.35$73,411
Aug 202104,86866.024.22$20,546
Jul 202118411,85270.783.98$60,219
Jun 202118311,03969.493.38$50,035
May 202118212,32263.483.02$48,737
Apr 202117811,72260.362.76$43,078
Mar 20211799,36761.302.72$36,422
Feb 20211756,45657.805.55$45,933
Jan 202117513,50950.412.81$46,786
Dec 202017614,59844.642.68$46,913
Nov 202035214,81838.772.71$53,753
Oct 202017314,14836.972.48$41,461
Sep 2020013,49937.091.99$26,877
Aug 202035814,89739.982.39$49,844
Jul 202018312,84238.371.83$30,460
Jun 202017812,66434.901.69$27,618
May 202018311,05716.921.81$23,162
Apr 202018211,53214.751.80$23,493
Mar 202017316,28130.341.86$35,470
Feb 20201795,31549.881.98$19,456
Jan 202017410,62757.252.09$32,222
Dec 201917616,14959.012.30$47,599
Nov 201918518,66355.302.75$61,567
Oct 201917212,04453.472.42$38,326
Sep 201917516,89555.052.66$54,529
Aug 201917017,51853.112.30$49,396
Jul 201934717,09156.272.46$61,571
Jun 201917316,51752.782.49$50,278
May 201917412,80058.482.74$45,252
Apr 201917814,14562.632.75$50,057
Mar 201935619,39656.803.06$79,613
Feb 201906,90350.852.79$19,275
Jan 201937214,96946.033.23$65,446
Dec 201818817,99346.594.19$84,068
Nov 201818014,16052.934.24$69,527
Oct 201835214,55861.443.40$71,096
Sep 201817518,35059.543.11$67,451
Aug 201835719,75759.403.07$81,792
Jul 201817419,95165.142.93$69,828
Jun 201835719,27360.183.08$80,786
May 201817919,71065.382.90$68,878
Apr 201879519,69363.842.90$107,878
Mar 201894119,54061.222.79$112,063
Feb 201878618,07961.782.77$98,568
Jan 201893320,15162.874.01$139,450
Dec 201786219,96557.272.92$107,695
Nov 201762720,53655.423.12$98,787
Oct 201764721,51649.292.98$96,087
Sep 20175580147.523.09$5,087
Aug 201781820,97245.373.00$100,121
Jul 201774522,45643.873.09$102,011
Jun 201749821,96042.493.09$88,957
May 201795723,51145.373.26$120,145
Apr 201766223,18447.933.21$106,187
Mar 201783024,16346.772.98$110,914
Feb 201787521,49550.452.95$107,610
Jan 201755023,18049.413.42$106,423
Dec 201681021,49248.763.72$119,507
Nov 201698921,91142.492.64$99,963
Oct 20161,17122,68046.193.09$124,176
Sep 201698321,47041.553.10$107,414
Aug 201682021,54841.442.92$96,994
Jul 201690919,68641.622.92$95,401
Jun 20161,07124,23945.352.69$113,672
May 20161,06622,65642.521.99$90,435
Apr 20161,22424,55636.561.99$93,641
Mar 20161,94327,89933.011.79$114,190
Feb 20161,22426,84526.472.06$87,797
Jan 20161,04826,31327.352.36$90,876
Dec 20151,00532,94532.362.00$98,458
Nov 201573838,27838.792.17$111,588
Oct 201554432,39343.552.43$102,295
Sep 20151,27151,42442.992.76$196,489
Aug 20151,59568,00440.162.87$259,396
Jul 20151,72266,72548.152.95$279,425
Jun 20151,53042,51856.152.88$208,483
May 201570314,99755.212.96$83,136
Apr 20151,89340,68549.822.71$204,426
Mar 20151,24044,58442.892.93$184,025
Feb 20151,30441,75244.662.98$182,499
Jan 20151,43749,52343.433.10$215,961
Dec 20141,59650,35154.693.59$268,114
Nov 20141,50051,33970.464.25$323,975
Oct 20141,81652,53478.303.90$347,126
Sep 20141,28038,84686.164.05$267,434
Aug 20144794,37889.394.04$60,484

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           164 bbl  × $106.41 =    $17,451
Gas                6,292 Mcf  × $  3.05 =    $19,164

────────────────────────────────────────────────────
Month total                                  $36,616

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/278377 is the state's own key, not one this site invented.