HOBBS, CHARLES L. ET UX "A"

Name: HOBBS, CHARLES L. ET UX "A" lease production and value, Jul 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 26939District 7BField 13225500OilCasinghead gasSave Export

Value, all time

$2.5 M

Jul 1993 – Dec 2008

Value, last 12 filed months

$109 k

at the published price for each month

Months reported

186

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	124,345 bbl	$2,302,694
Casinghead gas	Production	275,843 Mcf	$217,028
Total			$2,519,722

219,980 Mcf of this lease's gas, across 42 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 (186)

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

186 months


Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	111	0	75.24	6.92	$8,352
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	165	235	114.22	8.48	$20,840
Jul 2008	0	265	131.08	11.39	$3,018
Jun 2008	169	273	131.33	13.03	$25,753
May 2008	0	281	123.17	11.57	$3,252
Apr 2008	161	304	110.31	10.45	$20,938
Mar 2008	0	339	101.90	9.66	$3,276
Feb 2008	197	307	92.53	8.77	$20,921
Jan 2008	0	277	90.38	8.21	$2,273
Dec 2007	188	317	88.33	7.30	$18,921
Nov 2007	0	307	91.67	7.29	$2,239
Oct 2007	0	342	82.85	6.92	$2,367
Sep 2007	172	359	75.84	6.24	$15,286
Aug 2007	163	379	69.06	6.39	$13,678
Jul 2007	0	257	70.90	6.39	$1,642
Jun 2007	192	71	62.00	7.55	$12,440
May 2007	187	134	58.74	7.85	$12,036
Apr 2007	0	486	59.61	7.81	$3,793
Mar 2007	165	546	56.92	7.30	$13,379
Feb 2007	199	493	55.10	8.22	$15,015
Jan 2007	0	482	50.30	6.73	$3,242
Dec 2006	171	486	56.65	6.92	$13,050
Nov 2006	178	493	54.20	7.62	$13,403
Oct 2006	0	425	54.90	6.01	$2,556
Sep 2006	166	439	60.08	5.04	$12,185
Aug 2006	356	255	68.71	7.34	$26,332
Jul 2006	0	269	69.37	6.34	$1,706
Jun 2006	173	267	66.28	6.38	$13,171
May 2006	0	155	66.01	6.42	$996
Apr 2006	167	211	64.39	7.36	$12,306
Mar 2006	0	205	56.70	7.08	$1,452
Feb 2006	182	206	57.59	7.75	$12,078
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	184	54.94	13.42	$2,468
Nov 2005	0	144	54.69	10.59	$1,525
Oct 2005	0	143	58.34	13.80	$1,973
Sep 2005	0	105	61.45	12.08	$1,268
Aug 2005	0	106	61.51	9.80	$1,038
Jul 2005	0	89	55.69	7.84	$698
Jun 2005	166	159	52.33	7.38	$9,860
May 2005	0	107	45.22	6.65	$712
Apr 2005	0	165	49.20	7.36	$1,214
Mar 2005	0	131	50.37	7.15	$937
Feb 2005	0	77	45.22	6.31	$486
Jan 2005	173	133	43.16	6.32	$8,308
Dec 2004	0	206	39.86	6.75	$1,391
Nov 2004	0	74	45.28	6.33	$468
Oct 2004	177	165	49.70	6.52	$9,872
Sep 2004	0	131	43.24	5.28	$692
Aug 2004	0	119	42.37	5.55	$661
Jul 2004	180	181	38.28	6.08	$7,992
Jun 2004	0	165	36.10	6.43	$1,061
May 2004	176	162	37.48	6.49	$7,649
Apr 2004	0	181	34.47	5.86	$1,060
Mar 2004	0	181	34.36	5.53	$1,001
Feb 2004	182	175	32.45	5.51	$6,870
Jan 2004	0	173	32.03	6.30	$1,090
Dec 2003	178	141	30.26	6.30	$6,275
Nov 2003	0	122	28.80	4.60	$561
Oct 2003	0	120	28.17	4.76	$571
Sep 2003	173	123	26.31	4.75	$5,136
Aug 2003	0	190	29.76	5.13	$975
Jul 2003	0	98	29.41	5.17	$507
Jun 2003	168	92	28.56	5.98	$5,349
May 2003	0	169	26.59	5.97	$1,009
Apr 2003	180	177	26.67	5.41	$5,758
Mar 2003	0	149	31.14	6.10	$908
Feb 2003	182	88	33.48	7.93	$6,791
Jan 2003	0	23	30.31	5.58	$128
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	168	18	24.66	4.14	$4,217
Oct 2002	0	41	26.46	4.23	$173
Sep 2002	0	15	27.44	3.64	$55
Aug 2002	179	20	25.96	3.16	$4,710
Jul 2002	0	33	24.58	3.06	$101
Jun 2002	0	30	23.73	3.34	$100
May 2002	0	26	24.66	3.58	$93
Apr 2002	180	29	23.65	3.51	$4,359
Mar 2002	0	23	22.00	3.10	$71
Feb 2002	1	22	18.22	2.38	$70
Jan 2002	183	0	17.17	2.38	$3,142
Dec 2001	0	2	16.93	2.36	$5
Nov 2001	175	63	18.07	2.41	$3,314
Oct 2001	179	63	19.78	2.53	$3,700
Sep 2001	0	82	24.26	2.25	$185
Aug 2001	151	93	24.87	3.05	$4,039
Jul 2001	0	110	23.93	3.20	$352
Jun 2001	181	120	24.56	3.82	$4,904
May 2001	0	167	25.52	4.31	$719
Apr 2001	155	119	24.68	5.34	$4,460
Mar 2001	181	25	24.54	5.38	$4,576
Feb 2001	184	26	27.75	5.77	$5,256
Jan 2001	0	219	27.47	8.40	$1,839
Dec 2000	184	134	26.88	9.12	$6,168
Nov 2000	178	220	32.21	5.66	$6,978
Oct 2000	173	244	31.23	5.15	$6,658
Sep 2000	178	156	31.87	5.19	$6,482
Aug 2000	177	278	29.64	4.54	$6,509
Jul 2000	177	271	28.53	4.09	$6,158
Jun 2000	180	283	29.30	4.40	$6,518
May 2000	166	249	27.26	3.68	$5,441
Apr 2000	182	356	24.51	3.12	$5,570
Mar 2000	171	335	28.42	2.86	$5,818
Feb 2000	184	172	27.62	2.73	$5,551
Jan 2000	179	148	25.27	2.48	$4,890
Dec 1999	179	413	24.28	2.42	$5,347
Nov 1999	362	361	23.19	2.43	$9,273
Oct 1999	179	449	20.98	2.80	$5,014
Sep 1999	176	496	21.75	2.62	$5,127
Aug 1999	339	441	19.26	2.88	$7,797
Jul 1999	179	472	17.89	2.37	$4,322
Jun 1999	349	462	15.94	2.36	$6,654
May 1999	177	442	15.79	2.32	$3,821
Apr 1999	181	453	15.10	2.21	$3,733
Mar 1999	364	449	12.47	1.84	$5,364
Feb 1999	182	466	9.98	1.82	$2,663
Jan 1999	352	465	10.38	1.90	$4,537
Dec 1998	363	341	9.20	1.77	$3,944
Nov 1998	351	400	10.89	2.19	$4,697
Oct 1998	358	645	12.42	1.97	$5,717
Sep 1998	175	716	12.59	2.08	$3,694
Aug 1998	536	934	11.30	1.91	$7,838
Jul 1998	356	936	11.74	2.24	$6,274
Jun 1998	353	1,031	11.24	2.24	$6,274
May 1998	355	1,046	12.62	2.21	$6,788
Apr 1998	349	891	13.04	2.51	$6,783
Mar 1998	354	964	12.80	2.31	$6,758
Feb 1998	354	941	13.95	2.30	$7,102
Jan 1998	361	1,086	14.70	2.15	$7,647
Dec 1997	359	1,134	16.32	2.41	$8,593
Nov 1997	540	1,265	18.19	3.09	$13,729
Oct 1997	537	1,456	19.25	3.15	$14,923
Sep 1997	359	1,536	17.74	2.95	$10,907
Aug 1997	536	1,797	17.86	2.55	$14,164
Jul 1997	683	1,839	17.58	2.25	$16,139
Jun 1997	531	1,849	17.24	2.26	$13,328
May 1997	523	2,113	18.97	2.31	$14,799
Apr 1997	540	2,053	17.88	2.08	$13,931
Mar 1997	1,046	2,292	18.95	1.94	$24,266
Feb 1997	696	1,860	20.49	2.21	$18,364
Jan 1997	717	2,364	23.48	3.54	$25,203
Dec 1996	725	2,515	23.32	—	$16,907
Nov 1996	1,075	2,558	21.97	—	$23,618
Oct 1996	898	2,850	23.31	—	$20,932
Sep 1996	1,071	3,302	22.22	—	$23,798
Aug 1996	1,259	3,147	20.26	—	$25,507
Jul 1996	1,080	3,269	19.55	—	$21,114
Jun 1996	1,104	2,628	18.73	—	$20,678
May 1996	1,380	3,688	19.43	—	$26,813
Apr 1996	1,374	3,711	21.51	—	$29,555
Mar 1996	1,617	4,014	19.38	—	$31,337
Feb 1996	1,524	3,856	16.98	—	$25,878
Jan 1996	2,071	3,933	17.07	—	$35,352
Dec 1995	1,967	3,995	17.19	—	$33,813
Nov 1995	2,346	4,333	16.00	—	$37,536
Oct 1995	2,185	3,911	15.43	—	$33,715
Sep 1995	2,713	5,612	16.18	—	$43,896
Aug 1995	3,255	6,008	15.92	—	$51,820
Jul 1995	3,211	6,502	15.24	—	$48,936
Jun 1995	3,401	6,100	16.41	—	$55,810
May 1995	2,344	4,841	17.56	—	$41,161
Apr 1995	3,059	5,990	17.73	—	$54,236
Mar 1995	3,210	4,845	16.44	—	$52,772
Feb 1995	2,571	5,085	16.58	—	$42,627
Jan 1995	3,390	6,180	15.92	—	$53,969
Dec 1994	4,231	6,888	15.03	—	$63,592
Nov 1994	3,282	5,766	15.90	—	$52,184
Oct 1994	3,032	5,724	15.58	—	$47,239
Sep 1994	3,071	6,272	15.29	—	$46,956
Aug 1994	3,572	8,604	16.13	—	$57,616
Jul 1994	4,656	10,387	17.56	—	$81,759
Jun 1994	3,747	8,616	17.09	—	$64,036
May 1994	4,275	10,414	15.88	—	$67,887
Apr 1994	4,666	12,838	14.14	—	$65,977
Mar 1994	3,075	9,009	12.46	—	$38,315
Feb 1994	2,503	8,061	12.50	—	$31,288
Jan 1994	2,111	6,297	12.66	—	$26,725
Dec 1993	1,784	4,517	12.33	—	$21,997
Nov 1993	1,997	3,528	14.49	—	$28,937
Oct 1993	1,638	2,747	15.85	—	$25,962
Sep 1993	1,772	2,471	15.03	—	$26,633
Aug 1993	1,421	3,527	15.66	—	$22,253
Jul 1993	888	1,441	15.46	—	$13,728

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                  111 bbl  × $ 75.24 =     $8,352
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $8,352

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/26939 is the state's own key, not one this site invented.