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Texas oil lease

Producing

KEY, HOBART

Key, Hobart is an oil lease in Gregg County, Texas, operated by Smith Resources, L.L.C. in the East Texas field.

2 wells

686bbl oil, last 12 months−22% vs prior year
RRC lease
6E-07131

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Where it sits

This county

Gregg CountyGreggPanolaUpshurCassWoodMorrisHopkinsSmithRuskHarrisonMarionCampGregg County
Gregg County
Gas, last 12 months
6 mcf
Oil in Jul 2026
1 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for KEY, HOBART, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 686 bbl in the 12 months through Jul 2026, against 883 bbl in the 12 months before.Last 12 months: 686 bblbbl per monthmcf per month00252550507575100100125125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for KEY, HOBART, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 686 bbl in the 12 months through Jul 2026, against 883 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00252550507575100100125125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of KEY, HOBART gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of KEY, HOBART gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on KEY, HOBART
API numberWell no.Status
42-183-844701Active
42-183-844712Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lion Oil Trading & Trans, LLCOilGathers100Feb 1, 2020–
Inland Contractors, Inc.Casinghead gasBuys100Mar 1, 2003–
Inland Contractors, Inc.Casinghead gasGathers100Mar 1, 2003–
Plains Marketing, L.p.OilGathers100Mar 1, 2003Feb 1, 2020
Nominator Not Required / Swr 31Casinghead gasNominates100Mar 1, 2003Nov 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Key, Hobart
API numberWell no.Acreson the permit
42-183-844701–
42-183-844712–

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for KEY, HOBART
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202610000$80.46$2.89
Jun 2026190000$84.81$3.15
May 202669167000$102.13$2.94
Apr 2026370000$100.32$2.77
Mar 2026240000$91.38$3.04
Feb 2026120170000$64.51$3.62
Jan 2026420000$60.04$7.72
Dec 202578149000$57.97$4.26
Nov 2025770330$60.06$3.79
Oct 202572164330$60.89$3.19
Sep 2025760000$63.96$2.97
Aug 2025710000$64.86$2.91
Jul 202573162000$68.39$3.20
Jun 2025720000$68.17$3.02
May 202577161000$62.17$3.12
Apr 2025550110$63.54$3.42
Mar 202583168770$68.24$4.12
Feb 2025710440$71.53$4.19
Jan 202585166000$75.74$4.13
Dec 2024700000$70.12$3.01
Nov 2024740000$69.95$2.12
Oct 202469158000$71.99$2.20
Sep 2024760110$70.24$2.28
Aug 20247814916160$76.68$1.99
Jul 202474028280$81.80$2.07
Jun 20247115755550$79.77$2.54
May 202451017170$80.02$2.12
Apr 202473165000$85.35$1.60
Mar 2024730000$81.28$1.49
Feb 20247716513130$77.25$1.72
Jan 202471042420$74.15$3.18
Dec 202374075750$71.90$2.52
Nov 2023811671021020$77.69$2.71
Oct 202388097970$85.64$2.98
Sep 202387162000$89.43$2.64
Aug 202339048480$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Smith Resources, L.L.C. in Gregg County

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