HOBSON

Operated by MKS NATURAL GAS COMPANY (P-5 518491) in the B.R.A. (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 107041District 7BField 11155500NGPA filingCondensateGasSaveExport
Value, all time
$36 k
Jan 1993 – May 2014
Value, last 12 filed months
$67
at the published price for each month
Months reported
257
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 23 leases and 23 wells, and the rule below applies to all of them.

Discovered
1982-06-14
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition122 bbl$2,144
GasProduction18,347 Mcf$33,499
Total$35,644

10,995 Mcf of this lease's gas, across 46 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 32.9889, -97.8564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.98894, -97.85638 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
2,444 ft
1 wells filed one
Completion to plug
30.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 2,444 ft.

Completions filed
Jul 1983
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 30.8 years across the 1 well that filed both dates, with the middle half between 30.8 years and 30.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3673251562,444 ftJul 1983May 2014Yes

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 (257)

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

257 months

May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130491.824.35$17
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201308104.113.72$30
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130594.403.93$20
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130693.623.91$23
Feb 20130391.233.42$10
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120589.383.40$17
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120485.133.02$12
Jun 20120079.822.52$0
May 20120691.612.49$15
Apr 201208101.652.00$16
Mar 201207105.052.22$16
Feb 201203101.102.57$8
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110895.723.31$26
Oct 20110684.983.65$22
Sep 20110583.623.99$20
Aug 20110783.404.15$29
Jul 20110794.144.52$32
Jun 20110892.904.64$37
May 20110798.134.40$31
Apr 201107105.964.33$30
Mar 20110696.364.06$24
Feb 20110085.644.18$0
Jan 20110186.504.59$5
Dec 20100385.734.35$13
Nov 20100580.843.80$19
Oct 20100478.103.51$14
Sep 20100472.633.98$16
Aug 20100473.684.42$18
Jul 20100472.554.74$19
Jun 20100470.364.91$20
May 20100471.124.24$17
Apr 20100481.694.12$16
Mar 20100478.394.39$18
Feb 20100473.585.44$22
Jan 20100474.365.96$24
Dec 20090471.445.48$22
Nov 200901274.593.75$45
Oct 20090872.544.11$33
Sep 20090665.543.06$18
Aug 20090667.423.22$19
Jul 20090561.133.46$17
Jun 20090466.163.90$16
May 20090454.743.93$16
Apr 20090046.773.59$0
Mar 20090342.144.06$12
Feb 20090232.814.63$9
Jan 20090035.865.37$0
Dec 20080137.105.98$6
Nov 20080955.496.86$62
Oct 200801175.246.92$76
Sep 2008015101.767.88$118
Aug 2008014114.228.48$119
Jul 2008014131.0811.39$159
Jun 2008017131.3313.03$222
May 2008016123.1711.57$185
Apr 2008010110.3110.45$105
Mar 200801101.909.66$10
Feb 20080092.538.77$0
Jan 200801090.388.21$82
Dec 200704188.337.30$299
Nov 2007021091.677.29$1,531
Oct 2007017582.856.92$1,211
Sep 2007021075.846.24$1,311
Aug 2007016969.066.39$1,080
Jul 200703670.906.39$230
Jun 200701462.007.55$106
May 200707358.747.85$573
Apr 200704159.617.81$320
Mar 200708156.927.30$591
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 200605554.906.01$331
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 200505658.3413.80$773
Sep 200505161.4512.08$616
Aug 200505061.519.80$490
Jul 200503755.697.84$290
Jun 200504052.337.38$295
May 200506245.226.65$412
Apr 200501549.207.36$110
Mar 200503450.377.15$243
Feb 200501445.226.31$88
Jan 200502543.166.32$158
Dec 200405039.866.75$338
Nov 200405645.286.33$355
Oct 200405449.706.52$352
Sep 200408143.245.28$428
Aug 200408742.375.55$483
Jul 200408738.286.08$529
Jun 200407336.106.43$470
May 200406937.486.49$448
Apr 200406534.475.86$381
Mar 200405434.365.53$299
Feb 200405632.455.51$309
Jan 200406232.036.30$391
Dec 200307130.266.30$447
Nov 200308628.804.60$395
Oct 200309928.174.76$471
Sep 200308826.314.75$418
Aug 200306029.765.13$308
Jul 200302129.415.17$109
Jun 200301628.565.98$96
May 200302126.595.97$125
Apr 200305126.675.41$276
Mar 200306431.146.10$390
Feb 200304133.487.93$325
Jan 200304630.315.58$257
Dec 200206126.914.85$296
Nov 2002010224.664.14$422
Oct 200208826.464.23$372
Sep 200204527.443.64$164
Aug 200208225.963.16$259
Jul 200205424.583.06$165
Jun 200205223.733.34$174
May 200206924.663.58$247
Apr 200205323.653.51$186
Mar 200208222.003.10$254
Feb 2002012318.222.38$292
Jan 200201817.172.38$43
Dec 200101216.932.36$28
Nov 20010618.072.41$14
Oct 20010519.782.53$13
Sep 20010724.262.25$16
Aug 200101224.873.05$37
Jul 20010923.933.20$29
Jun 200101724.563.82$65
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010927.755.77$52
Jan 200101627.478.40$134
Dec 200001726.889.12$155
Nov 200002932.215.66$164
Oct 200003131.235.15$160
Sep 200003931.875.19$202
Aug 200002629.644.54$118
Jul 2000011128.534.09$454
Jun 2000012529.304.40$550
May 200003327.263.68$121
Apr 200005524.513.12$171
Mar 200003228.422.86$92
Feb 200083127.622.73$305
Jan 200003125.272.48$77
Dec 199903624.282.42$87
Nov 199903123.192.43$75
Oct 199903120.982.80$87
Sep 199901521.752.62$39
Aug 199903119.262.88$89
Jul 199903317.892.37$78
Jun 19990015.942.36$0
May 199908615.792.32$200
Apr 1999010815.102.21$238
Mar 199903412.471.84$63
Feb 19990349.981.82$62
Jan 199903510.381.90$67
Dec 1998039.201.77$5
Nov 199803410.892.19$74
Oct 199801312.421.97$26
Sep 199803012.592.08$62
Aug 199805211.301.91$99
Jul 199804611.742.24$103
Jun 199804611.242.24$103
May 1998010112.622.21$223
Apr 1998010813.042.51$271
Mar 1998012312.802.31$284
Feb 199808313.952.30$191
Jan 199808214.702.15$177
Dec 199707816.322.41$188
Nov 199708918.193.09$275
Oct 1997011419.253.15$359
Sep 199706017.742.95$177
Aug 1997018117.862.55$462
Jul 199705017.582.25$112
Jun 1997016017.242.26$361
May 1997024218.972.31$559
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 1997017520.492.21$386
Jan 1997023823.483.54$842
Dec 1996023423.32$0
Nov 1996023021.97$0
Oct 1996022523.31$0
Sep 1996022322.22$0
Aug 1996022520.26$0
Jul 1996022519.55$0
Jun 1996021718.73$0
May 1996020819.43$0
Apr 1996020021.51$0
Mar 1996120619.38$19
Feb 1996020216.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 199509816.00$0
Oct 199505915.43$0
Sep 199508816.18$0
Aug 1995012415.92$0
Jul 1995012415.24$0
Jun 19950116.41$0
May 19950117.56$0
Apr 19953322017.73$585
Mar 1995031316.44$0
Feb 1995017116.58$0
Jan 199508615.92$0
Dec 1994013915.03$0
Nov 199409715.90$0
Oct 1994012315.58$0
Sep 1994027015.29$0
Aug 1994028816.13$0
Jul 1994023017.56$0
Jun 1994021217.09$0
May 1994026215.88$0
Apr 19942523814.14$354
Mar 1994026312.46$0
Feb 1994024312.50$0
Jan 1994029512.66$0
Dec 1993025112.33$0
Nov 1993032014.49$0
Oct 1993034515.85$0
Sep 1993032515.03$0
Aug 19931334015.66$204
Jul 1993031215.46$0
Jun 1993043016.79$0
May 1993044817.68$0
Apr 1993048618.05$0
Mar 19934250718.14$762
Feb 1993043017.90$0
Jan 1993046116.93$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.

Dec 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.82 =         $0
Gas                    4 Mcf  × $  4.35 =        $17

────────────────────────────────────────────────────
Month total                                      $17

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. 7B/G/107041 is the state's own key, not one this site invented.