HOBBS, CHARLES L. ET AL

Name: HOBBS, CHARLES L. ET AL lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HGN OPERATING I, LLC (P-5 383323) in the BULL (GRAY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26743District 7BField 13225500OilCasinghead gasSave Export

Value, all time

$2.7 M

Jan 1993 – Dec 2008

Value, last 12 filed months

$144 k

at the published price for each month

Months reported

192

no gaps in the span

Streams

oil, casinghead gas

The BULL (GRAY SAND) field

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 9 leases and 22 wells, and the rule below applies to all of them.

Discovered

1961-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Stream	Basis	Volume	Value
Oil	Disposition	110,221 bbl	$2,350,667
Casinghead gas	Production	250,146 Mcf	$300,064
Total			$2,650,731

172,713 Mcf of this lease's gas, across 48 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.

Every month this lease reported (192)

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

192 months


Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	177	0	75.24	6.92	$13,317
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	176	211	114.22	8.48	$21,893
Jul 2008	0	321	131.08	11.39	$3,656
Jun 2008	165	293	131.33	13.03	$25,488
May 2008	0	291	123.17	11.57	$3,368
Apr 2008	163	280	110.31	10.45	$20,908
Mar 2008	175	282	101.90	9.66	$20,558
Feb 2008	164	257	92.53	8.77	$17,429
Jan 2008	164	274	90.38	8.21	$17,071
Dec 2007	163	276	88.33	7.30	$16,413
Nov 2007	0	271	91.67	7.29	$1,976
Oct 2007	160	266	82.85	6.92	$15,097
Sep 2007	167	276	75.84	6.24	$14,389
Aug 2007	165	300	69.06	6.39	$13,311
Jul 2007	179	305	70.90	6.39	$14,639
Jun 2007	184	285	62.00	7.55	$13,559
May 2007	179	303	58.74	7.85	$12,892
Apr 2007	168	286	59.61	7.81	$12,247
Mar 2007	178	301	56.92	7.30	$12,330
Feb 2007	183	260	55.10	8.22	$12,219
Jan 2007	181	280	50.30	6.73	$10,988
Dec 2006	178	284	56.65	6.92	$12,049
Nov 2006	182	276	54.20	7.62	$11,967
Oct 2006	178	296	54.90	6.01	$11,552
Sep 2006	165	269	60.08	5.04	$11,268
Aug 2006	171	306	68.71	7.34	$13,995
Jul 2006	165	333	69.37	6.34	$13,558
Jun 2006	177	311	66.28	6.38	$13,717
May 2006	336	323	66.01	6.42	$24,255
Apr 2006	174	308	64.39	7.36	$13,471
Mar 2006	179	324	56.70	7.08	$12,444
Feb 2006	174	299	57.59	7.75	$12,338
Jan 2006	181	0	60.59	8.93	$10,967
Dec 2005	356	316	54.94	13.42	$23,798
Nov 2005	354	309	54.69	10.59	$22,632
Oct 2005	0	320	58.34	13.80	$4,415
Sep 2005	351	258	61.45	12.08	$24,685
Aug 2005	3	247	61.51	9.80	$2,604
Jul 2005	177	225	55.69	7.84	$11,622
Jun 2005	178	270	52.33	7.38	$11,308
May 2005	0	260	45.22	6.65	$1,729
Apr 2005	180	234	49.20	7.36	$10,578
Mar 2005	177	240	50.37	7.15	$10,633
Feb 2005	179	219	45.22	6.31	$9,477
Jan 2005	175	255	43.16	6.32	$9,165
Dec 2004	180	256	39.86	6.75	$8,903
Nov 2004	176	233	45.28	6.33	$9,444
Oct 2004	175	233	49.70	6.52	$10,216
Sep 2004	178	243	43.24	5.28	$8,981
Aug 2004	176	256	42.37	5.55	$8,878
Jul 2004	358	265	38.28	6.08	$15,317
Jun 2004	0	259	36.10	6.43	$1,666
May 2004	179	269	37.48	6.49	$8,456
Apr 2004	180	266	34.47	5.86	$7,763
Mar 2004	346	252	34.36	5.53	$13,282
Feb 2004	0	232	32.45	5.51	$1,278
Jan 2004	172	248	32.03	6.30	$7,071
Dec 2003	171	242	30.26	6.30	$6,699
Nov 2003	182	232	28.80	4.60	$6,308
Oct 2003	183	258	28.17	4.76	$6,383
Sep 2003	173	269	26.31	4.75	$5,829
Aug 2003	179	281	29.76	5.13	$6,768
Jul 2003	172	288	29.41	5.17	$6,548
Jun 2003	168	280	28.56	5.98	$6,473
May 2003	180	296	26.59	5.97	$6,554
Apr 2003	150	282	26.67	5.41	$5,525
Mar 2003	352	282	31.14	6.10	$12,680
Feb 2003	182	251	33.48	7.93	$8,083
Jan 2003	176	316	30.31	5.58	$7,098
Dec 2002	171	343	26.91	4.85	$6,266
Nov 2002	176	325	24.66	4.14	$5,685
Oct 2002	362	269	26.46	4.23	$10,716
Sep 2002	0	173	27.44	3.64	$629
Aug 2002	354	251	25.96	3.16	$9,984
Jul 2002	172	255	24.58	3.06	$5,009
Jun 2002	178	345	23.73	3.34	$5,376
May 2002	171	325	24.66	3.58	$5,382
Apr 2002	351	290	23.65	3.51	$9,320
Mar 2002	170	340	22.00	3.10	$4,795
Feb 2002	178	342	18.22	2.38	$4,056
Jan 2002	172	385	17.17	2.38	$3,868
Dec 2001	354	362	16.93	2.36	$6,849
Nov 2001	175	343	18.07	2.41	$3,987
Oct 2001	351	315	19.78	2.53	$7,739
Sep 2001	179	275	24.26	2.25	$4,962
Aug 2001	354	169	24.87	3.05	$9,320
Jul 2001	176	578	23.93	3.20	$6,060
Jun 2001	351	347	24.56	3.82	$9,948
May 2001	348	338	25.52	4.31	$10,337
Apr 2001	352	185	24.68	5.34	$9,674
Mar 2001	336	438	24.54	5.38	$10,600
Feb 2001	181	266	27.75	5.77	$6,557
Jan 2001	358	424	27.47	8.40	$13,395
Dec 2000	544	383	26.88	9.12	$18,117
Nov 2000	359	379	32.21	5.66	$13,708
Oct 2000	360	469	31.23	5.15	$13,656
Sep 2000	538	478	31.87	5.19	$19,625
Aug 2000	348	650	29.64	4.54	$13,266
Jul 2000	338	716	28.53	4.09	$12,571
Jun 2000	533	670	29.30	4.40	$18,563
May 2000	358	603	27.26	3.68	$11,978
Apr 2000	713	630	24.51	3.12	$19,439
Mar 2000	180	558	28.42	2.86	$6,711
Feb 2000	533	722	27.62	2.73	$16,690
Jan 2000	363	814	25.27	2.48	$11,192
Dec 1999	533	633	24.28	2.42	$14,475
Nov 1999	534	901	23.19	2.43	$14,576
Oct 1999	357	991	20.98	2.80	$10,268
Sep 1999	524	1,114	21.75	2.62	$14,314
Aug 1999	356	1,124	19.26	2.88	$10,089
Jul 1999	531	1,173	17.89	2.37	$12,282
Jun 1999	347	1,121	15.94	2.36	$8,179
May 1999	352	1,112	15.79	2.32	$8,139
Apr 1999	362	860	15.10	2.21	$7,365
Mar 1999	716	763	12.47	1.84	$10,331
Feb 1999	181	770	9.98	1.82	$3,206
Jan 1999	362	893	10.38	1.90	$5,454
Dec 1998	540	821	9.20	1.77	$6,424
Nov 1998	348	921	10.89	2.19	$5,803
Oct 1998	356	691	12.42	1.97	$5,782
Sep 1998	359	734	12.59	2.08	$6,048
Aug 1998	533	851	11.30	1.91	$7,646
Jul 1998	533	1,136	11.74	2.24	$8,799
Jun 1998	356	1,140	11.24	2.24	$6,552
May 1998	526	1,248	12.62	2.21	$9,392
Apr 1998	510	1,220	13.04	2.51	$9,707
Mar 1998	536	1,302	12.80	2.31	$9,868
Feb 1998	366	1,148	13.95	2.30	$7,745
Jan 1998	545	1,266	14.70	2.15	$10,739
Dec 1997	352	1,348	16.32	2.41	$8,995
Nov 1997	692	1,382	18.19	3.09	$16,855
Oct 1997	534	1,449	19.25	3.15	$14,844
Sep 1997	534	1,514	17.74	2.95	$13,947
Aug 1997	525	1,826	17.86	2.55	$14,041
Jul 1997	526	1,940	17.58	2.25	$13,606
Jun 1997	523	1,708	17.24	2.26	$12,872
May 1997	531	1,802	18.97	2.31	$14,233
Apr 1997	512	1,830	17.88	2.08	$12,966
Mar 1997	352	1,938	18.95	1.94	$10,428
Feb 1997	700	1,714	20.49	2.21	$18,124
Jan 1997	361	1,905	23.48	3.54	$15,219
Dec 1996	724	1,985	23.32	—	$16,884
Nov 1996	701	3,586	21.97	—	$15,401
Oct 1996	723	3,377	23.31	—	$16,853
Sep 1996	344	2,909	22.22	—	$7,644
Aug 1996	671	2,455	20.26	—	$13,594
Jul 1996	707	2,216	19.55	—	$13,822
Jun 1996	853	2,218	18.73	—	$15,977
May 1996	830	2,327	19.43	—	$16,127
Apr 1996	901	2,462	21.51	—	$19,381
Mar 1996	1,245	2,643	19.38	—	$24,128
Feb 1996	1,087	2,548	16.98	—	$18,457
Jan 1996	1,494	2,795	17.07	—	$25,503
Dec 1995	1,252	3,028	17.19	—	$21,522
Nov 1995	1,467	3,764	16.00	—	$23,472
Oct 1995	1,784	4,637	15.43	—	$27,527
Sep 1995	964	2,151	16.18	—	$15,598
Aug 1995	1,184	2,173	15.92	—	$18,849
Jul 1995	937	2,412	15.24	—	$14,280
Jun 1995	1,771	2,956	16.41	—	$29,062
May 1995	1,603	3,515	17.56	—	$28,149
Apr 1995	1,812	3,439	17.73	—	$32,127
Mar 1995	2,002	3,969	16.44	—	$32,913
Feb 1995	1,808	3,903	16.58	—	$29,977
Jan 1995	2,011	3,906	15.92	—	$32,015
Dec 1994	1,951	3,125	15.03	—	$29,324
Nov 1994	1,776	3,355	15.90	—	$28,238
Oct 1994	1,425	2,559	15.58	—	$22,202
Sep 1994	1,753	3,334	15.29	—	$26,803
Aug 1994	1,704	3,915	16.13	—	$27,486
Jul 1994	2,130	4,185	17.56	—	$37,403
Jun 1994	2,119	4,233	17.09	—	$36,214
May 1994	2,522	4,510	15.88	—	$40,049
Apr 1994	2,330	4,084	14.14	—	$32,946
Mar 1994	2,792	4,200	12.46	—	$34,788
Feb 1994	2,390	3,773	12.50	—	$29,875
Jan 1994	1,977	3,491	12.66	—	$25,029
Dec 1993	2,188	3,964	12.33	—	$26,978
Nov 1993	2,013	5,058	14.49	—	$29,168
Oct 1993	2,155	7,207	15.85	—	$34,157
Sep 1993	2,105	8,036	15.03	—	$31,638
Aug 1993	2,069	4,817	15.66	—	$32,401
Jul 1993	711	3,890	15.46	—	$10,992
Jun 1993	889	4,846	16.79	—	$14,926
May 1993	1,077	5,029	17.68	—	$19,041
Apr 1993	1,066	4,599	18.05	—	$19,241
Mar 1993	880	3,713	18.14	—	$15,963
Feb 1993	1,513	5,415	17.90	—	$27,083
Jan 1993	0	1	16.93	—	$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.

Oct 2008 — as filed, then multipliedworked

Oil                  177 bbl  × $ 75.24 =    $13,317
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                  $13,317

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/O/26743 is the state's own key, not one this site invented.