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 78672District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
401
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 Gas112008-03-26180765
NGPA2none

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
CondensateDisposition3,481 bbl$127,049
GasProduction570,280 Mcf$2,237,362
Total$2,364,411

111,540 Mcf of this lease's gas, across 45 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 35.7394, -100.3761. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.73942, -100.37605 · 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
12,527 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 12,527 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-21130969306912,527 ftOct 2007

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 20260207106.413.05$630
Apr 2026024298.932.87$694
Mar 2026018089.753.15$567
Feb 2026018163.503.75$679
Jan 2026019059.138.00$1,520
Dec 2025021656.664.41$953
Nov 2025021858.593.93$856
Oct 2025022459.383.30$740
Sep 2025022262.743.08$683
Aug 2025020963.933.01$630
Jul 2025023566.743.32$779
Jun 2025023666.483.13$738
May 2025023860.553.23$769
Apr 2025022462.363.54$794
Mar 2025024767.704.27$1,054
Feb 2025020070.884.34$868
Jan 2025020474.324.28$873
Dec 2024025668.993.12$799
Nov 2024027069.052.20$594
Oct 2024025971.372.28$591
Sep 2024026969.612.36$636
Aug 2024029375.632.06$605
Jul 2024025579.932.15$547
Jun 2024026478.082.63$695
May 2024027478.812.20$602
Apr 2024028884.451.66$478
Mar 2024025880.301.55$399
Feb 2024024576.091.78$437
Jan 2024028373.023.30$933
Dec 2023019671.262.61$512
Nov 2023023077.892.81$646
Oct 2023028685.443.09$883
Sep 2023031889.042.74$870
Aug 2023032780.522.67$874
Jul 2023025574.852.64$674
Jun 2023046868.962.26$1,057
May 2023040970.622.23$911
Apr 2023060478.122.24$1,352
Mar 2023014372.852.39$342
Feb 2023045175.112.47$1,112
Jan 2023042176.533.39$1,426
Dec 2022044076.415.73$2,521
Nov 2022053885.005.65$3,038
Oct 2022055287.185.86$3,237
Sep 2022054084.888.16$4,408
Aug 2022055794.529.13$5,084
Jul 20220550101.587.54$4,148
Jun 20220528115.097.98$4,212
May 20220551109.378.43$4,647
Apr 20220489104.226.84$3,344
Mar 20220546108.885.08$2,772
Feb 2022050691.054.86$2,459
Jan 2022055281.844.54$2,505
Dec 2021053771.323.90$2,094
Nov 2021066477.435.24$3,477
Oct 2021078279.795.71$4,468
Sep 202101,32169.865.35$7,069
Aug 2021084066.024.22$3,545
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 2020013634.901.69$230
May 2020053716.921.81$975
Apr 202008614.751.80$155
Mar 2020027130.341.86$503
Feb 2020028849.881.98$570
Jan 2020029657.252.09$620
Dec 2019031459.012.30$724
Nov 2019030555.302.75$839
Oct 2019032353.472.42$781
Sep 2019031855.052.66$845
Aug 2019034553.112.30$795
Jul 2019038356.272.46$942
Jun 2019140652.782.49$1,064
May 2019247258.482.74$1,410
Apr 2019227562.632.75$882
Mar 2019138256.803.06$1,227
Feb 2019350450.852.79$1,560
Jan 2019252846.033.23$1,797
Dec 2018255346.594.19$2,408
Nov 2018256152.934.24$2,483
Oct 2018148061.443.40$1,693
Sep 2018137559.543.11$1,225
Aug 2018138359.403.07$1,234
Jul 2018333365.142.93$1,172
Jun 2018134760.183.08$1,128
May 2018135765.382.90$1,101
Apr 2018134463.842.90$1,062
Mar 2018136461.222.79$1,076
Feb 2018130861.782.77$914
Jan 2018132662.874.01$1,370
Dec 2017141157.272.92$1,258
Nov 2017137555.423.12$1,225
Oct 2017140949.292.98$1,270
Sep 2017141347.523.09$1,323
Aug 2017041245.373.00$1,238
Jul 2017143443.873.09$1,384
Jun 2017041642.493.09$1,284
May 2017143345.373.26$1,458
Apr 2017140847.933.21$1,358
Mar 2017242846.772.98$1,371
Feb 2017239950.452.95$1,279
Jan 2017146849.413.42$1,649
Dec 2016147748.763.72$1,825
Nov 2016248342.492.64$1,362
Oct 2016251546.193.09$1,684
Sep 2016250041.553.10$1,633
Aug 2016353841.442.92$1,698
Jul 2016360741.622.92$1,900
Jun 2016365145.352.69$1,885
May 2016250842.521.99$1,096
Apr 2016242636.561.99$921
Mar 2016055333.011.79$992
Feb 2016357026.472.06$1,256
Jan 2016447627.352.36$1,235
Dec 2015354932.362.00$1,196
Nov 2015356138.792.17$1,332
Oct 2015566543.552.43$1,831
Sep 2015265642.992.76$1,896
Aug 2015255240.162.87$1,666
Jul 2015048848.152.95$1,437
Jun 2015118856.152.88$598
May 2015130255.212.96$948
Apr 2015142849.822.71$1,208
Mar 2015156842.892.93$1,710
Feb 2015267744.662.98$2,104
Jan 2015253943.433.10$1,758
Dec 2014253654.693.59$2,034
Nov 2014158670.464.25$2,562
Oct 2014177078.303.90$3,082
Sep 2014384086.164.05$3,657
Aug 2014384489.394.04$3,674
Jul 2014281996.564.18$3,616
Jun 2014358998.164.74$3,085
May 2014110094.734.73$567
Apr 2014112595.944.81$697
Mar 2014332695.895.06$1,936
Feb 2014360297.406.19$4,020
Jan 2014378290.404.86$4,072
Dec 2013483191.824.35$3,986
Nov 2013378188.853.74$3,186
Oct 2013072797.423.78$2,748
Sep 20130773104.113.72$2,874
Aug 2013170882104.253.52$20,829
Jul 20130931102.523.72$3,461
Jun 2013099694.403.93$3,918
May 2013098594.834.15$4,087
Apr 2013085493.964.28$3,657
Mar 201301,09693.623.91$4,289
Feb 2013094991.233.42$3,245
Jan 201301,04991.603.42$3,587
Dec 201201,21286.773.42$4,145
Nov 201201,03886.953.62$3,763
Oct 201201,08189.383.40$3,675
Sep 201201,00094.672.92$2,918
Aug 201201,05292.662.91$3,059
Jul 201201,09585.133.02$3,308
Jun 201201,07879.822.52$2,716
May 201201,15091.612.49$2,862
Apr 20121951,101101.652.00$22,020
Mar 201201,075105.052.22$2,389
Feb 20120973101.102.57$2,501
Jan 201201,13498.092.73$3,100
Dec 201101,14396.873.24$3,703
Nov 201101,05895.723.31$3,503
Oct 201101,25184.983.65$4,564
Sep 201101,27583.623.99$5,082
Aug 201101,15183.404.15$4,776
Jul 201101,29494.144.52$5,845
Jun 201101,19592.904.64$5,545
May 201101,21598.134.40$5,352
Apr 201101,254105.964.33$5,434
Mar 201101,04296.364.06$4,228
Feb 201101,03485.644.18$4,322
Jan 201101,28686.504.59$5,901
Dec 201001,40085.734.35$6,087
Nov 201001,41180.843.80$5,355
Oct 201001,51478.103.51$5,312
Sep 201001,41572.633.98$5,631
Aug 201001,44973.684.42$6,404
Jul 20101471,45172.554.74$17,538
Jun 201001,21170.364.91$5,946
May 201001,46771.124.24$6,213
Apr 201001,69381.694.12$6,980
Mar 201001,72078.394.39$7,549
Feb 201001,47373.585.44$8,017
Jan 201001,79874.365.96$10,723
Dec 200901,69871.445.48$9,311
Nov 200901,90374.593.75$7,139
Oct 200902,07672.544.11$8,533
Sep 200902,17865.543.06$6,675
Aug 200902,30367.423.22$7,412
Jul 200902,34161.133.46$8,110
Jun 200902,32866.163.90$9,068
May 200902,38354.743.93$9,355
Apr 200902,14646.773.59$7,699
Mar 200902,26642.144.06$9,198
Feb 20092022,36532.814.63$17,585
Jan 200902,28335.865.37$12,262
Dec 200802,46437.105.98$14,728
Nov 200802,54955.496.86$17,487
Oct 200802,82975.246.92$19,582
Sep 200802,751101.767.88$21,670
Aug 200801,968114.228.48$16,695
Jul 200802,837131.0811.39$32,312
Jun 200802,451131.3313.03$31,943
May 200803,275123.1711.57$37,906
Apr 200803,647110.3110.45$38,129
Mar 200804,484101.909.66$43,334
Feb 200804,92892.538.77$43,221
Jan 200806,27590.388.21$51,491
Dec 200707,53788.337.30$55,035
Nov 200719212,55291.677.29$109,126
Oct 2007010,46382.856.92$72,425
Sep 20070175.846.24$6
Aug 200701,52669.066.39$9,748
Jul 200701,90570.906.39$12,169
Jun 200701,43962.007.55$10,862
May 200701,77458.747.85$13,919
Apr 200701,74359.617.81$13,604
Mar 200701,90356.927.30$13,896
Feb 200701,24755.108.22$10,245
Jan 200702,84050.306.73$19,104
Dec 200602,05856.656.92$14,238
Nov 200601,92654.207.62$14,671
Oct 200601,75754.906.01$10,566
Sep 200602,00360.085.04$10,090
Aug 200601,48168.717.34$10,870
Jul 200601,20069.376.34$7,611
Jun 200602,32466.286.38$14,836
May 200601,01966.016.42$6,547
Apr 2006069064.397.36$5,079
Mar 200601,06756.707.08$7,557
Feb 2006082457.597.75$6,387
Jan 2006081460.598.93$7,272
Dec 200501,29654.9413.42$17,386
Nov 200501,40654.6910.59$14,887
Oct 200501,76958.3413.80$24,405
Sep 200501,61861.4512.08$19,544
Aug 200501,53161.519.80$14,999
Jul 200501,82355.697.84$14,299
Jun 200501,73952.337.38$12,836
May 200501,88445.226.65$12,531
Apr 200501,22849.207.36$9,039
Mar 200501,41750.377.15$10,138
Feb 200501,07645.226.31$6,792
Jan 200501,19643.166.32$7,561
Dec 200401,39439.866.75$9,411
Nov 200401,49845.286.33$9,483
Oct 200401,53449.706.52$9,994
Sep 200401,46843.245.28$7,757
Aug 20041381,68942.375.55$15,222
Jul 200401,57338.286.08$9,570
Jun 200401,61636.106.43$10,396
May 200401,54237.486.49$10,015
Apr 200401,21034.475.86$7,089
Mar 200401,89034.365.53$10,452
Feb 200401,71932.455.51$9,471
Jan 200401,75132.036.30$11,031
Dec 200301,99330.266.30$12,559
Nov 200302,43028.804.60$11,166
Oct 200302,06028.174.76$9,805
Sep 200301,85526.314.75$8,810
Aug 200302,03729.765.13$10,449
Jul 200302,33729.415.17$12,084
Jun 200302,03328.565.98$12,163
May 200301,87426.595.97$11,193
Apr 200301,93826.675.41$10,479
Mar 200301,70331.146.10$10,382
Feb 200302,18533.487.93$17,318
Jan 200302,16530.315.58$12,085
Dec 200202,32926.914.85$11,304
Nov 200202,39124.664.14$9,891
Oct 200202,32526.464.23$9,833
Sep 200201,92427.443.64$6,994
Aug 200201,65525.963.16$5,237
Jul 200202,19724.583.06$6,727
Jun 200201,98023.733.34$6,610
May 20021501,98524.663.58$10,813
Apr 200201,86323.653.51$6,543
Mar 20021242,12522.003.10$9,321
Feb 200201,80618.222.38$4,290
Jan 200202,10717.172.38$5,006
Dec 200101,98716.932.36$4,698
Nov 200101,72218.072.41$4,142
Oct 200102,09819.782.53$5,306
Sep 200102,07824.262.25$4,678
Aug 200101,83724.873.05$5,609
Jul 200102,04423.933.20$6,535
Jun 200101,72024.563.82$6,578
May 200101,98525.524.31$8,550
Apr 200101,98324.685.34$10,580
Mar 200102,14924.545.38$11,554
Feb 200101,99127.755.77$11,482
Jan 200102,05627.478.40$17,268
Dec 200001,89626.889.12$17,296
Nov 200001,94832.215.66$11,022
Oct 200002,19431.235.15$11,289
Sep 200002,08331.875.19$10,803
Aug 200002,15629.644.54$9,790
Jul 200002,26428.534.09$9,259
Jun 200002,27429.304.40$9,999
May 200002,26827.263.68$8,346
Apr 200002,24224.513.12$6,986
Mar 200002,25028.422.86$6,434
Feb 200002,13527.622.73$5,821
Jan 200002,40825.272.48$5,973
Dec 199902,26624.282.42$5,492
Nov 199902,52323.192.43$6,141
Oct 19991882,46720.982.80$10,861
Sep 199902,51921.752.62$6,597
Aug 199902,60519.262.88$7,491
Jul 199902,70317.892.37$6,413
Jun 199902,59515.942.36$6,130
May 199902,80815.792.32$6,517
Apr 199902,87215.102.21$6,342
Mar 199903,10312.471.84$5,704
Feb 199902,5519.981.82$4,637
Jan 199901,70210.381.90$3,234
Dec 199802,5109.201.77$4,451
Nov 199803,14310.892.19$6,870
Oct 19980012.421.97$0
Sep 199803,47412.592.08$7,235
Aug 199803,44911.301.91$6,578
Jul 199803,35211.742.24$7,499
Jun 199802,20611.242.24$4,935
May 19981703,39912.622.21$9,645
Apr 1998040813.042.51$1,022
Mar 199801,17612.802.31$2,716
Feb 199801,43713.952.30$3,304
Jan 19981901,54214.702.15$6,116
Dec 1997059216.322.41$1,427
Nov 1997083918.193.09$2,591
Oct 199701,32819.253.15$4,183
Sep 199701,85117.742.95$5,469
Aug 199701,98317.862.55$5,066
Jul 199702,06017.582.25$4,629
Jun 199701,76017.242.26$3,973
May 199702,07718.972.31$4,795
Apr 199702,56117.882.08$5,334
Mar 199703,27718.951.94$6,355
Feb 199702,45720.492.21$5,420
Jan 19971833,55923.483.54$16,895
Dec 199602,90523.32$0
Nov 199601,80221.97$0
Oct 199602,38423.31$0
Sep 199602,11422.22$0
Aug 199602,12320.26$0
Jul 199602,20019.55$0
Jun 199602,40918.73$0
May 199602,43519.43$0
Apr 199602,42321.51$0
Mar 199602,89919.38$0
Feb 199602,54216.98$0
Jan 19962023,30017.07$3,448
Dec 199503,13417.19$0
Nov 199502,71216.00$0
Oct 199502,97615.43$0
Sep 199502,51216.18$0
Aug 199502,97415.92$0
Jul 199502,49715.24$0
Jun 199502,50216.41$0
May 19951901,71617.56$3,336
Apr 199501,71817.73$0
Mar 199502,41516.44$0
Feb 199502,97316.58$0
Jan 199503,85315.92$0
Dec 199402,71715.03$0
Nov 199402,58215.90$0
Oct 19941893,08715.58$2,945
Sep 199402,55915.29$0
Aug 199401,81416.13$0
Jul 199403,74717.56$0
Jun 19941861,74817.09$3,179
May 199402,23015.88$0
Apr 199401,96514.14$0
Mar 199401,27912.46$0
Feb 199401,26312.50$0
Jan 199405,29212.66$0
Dec 199304,46912.33$0
Nov 199302,87514.49$0
Oct 19931822,04315.85$2,885
Sep 19930015.03$0
Aug 19930015.66$0
Jul 199301,30215.46$0
Jun 1993181016.79$3,039
May 199302,09617.68$0
Apr 199301,70018.05$0
Mar 199301,82318.14$0
Feb 19931801,66617.90$3,222
Jan 199301,76516.93$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
Condensate             0 bbl  × $106.41 =         $0
Gas                  207 Mcf  × $  3.05 =       $630

────────────────────────────────────────────────────
Month total                                     $630

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/78672 is the state's own key, not one this site invented.