HOBART,-C-
HOBART,-C- is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Malson Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 8,479 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $5K, with roughly $1K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1 barrels a month. Its strongest month on the record we hold was July 2019, at 20 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about HOBART,-C-
- Who operates HOBART,-C-?
- HOBART,-C- is operated by Malson Oil Company, Railroad Commission of Texas operator number 523540.
- Where is HOBART,-C-?
- HOBART,-C- is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 03866.
- Is HOBART,-C- still producing?
- HOBART,-C- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOBART,-C- is August 2026.
- How much has HOBART,-C- produced?
- HOBART,-C- has reported 8,479 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HOBART,-C- worth?
- The remaining production from HOBART,-C- is estimated to be worth about $5K in total as of 27 August 2026, within a range of $0 to $11K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOBART,-C- is a fraction of it. The estimate fits an Arps decline curve to the production HOBART,-C- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOBART,-C- is an estimate of value, not an offer and not an appraisal.
- How much income does HOBART,-C- generate in a year?
- HOBART,-C- is forecast to net about $1K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOBART,-C- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Malson Oil Company |
|---|---|
| Field | Hemphill (Granite Wash. So) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 03866 |
| Wellbores | 1 |
| Reported production | 8,479 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where HOBART,-C- sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.