HUGHES, M.B.

Operated by JAY MANAGEMENT COMPANY, LLC (P-5 430368) in the CASTILLO (YEGUA #7) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12121District 03Field 16269910OilCasinghead gasSaveExport
Value, all time
$3.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1979-01-02
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.

StreamBasisVolumeValue
OilDisposition87,845 bbl$2,619,195
Casinghead gasProduction140,576 Mcf$806,061
Total$3,425,256

321 Mcf of this lease's gas, across 21 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 30.4935, -93.9599. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.49346, -93.95985 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,180 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 8,180 ft.

Completions filed
Dec 1978
1 of 1 wells

1 well

42-2413013628,180 ftDec 1978

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 (401)

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

401 months

May 2026680106.413.05$7,236
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025162062.363.54$10,102
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025160074.324.28$11,891
Dec 20240068.993.12$0
Nov 2024154069.052.20$10,634
Oct 2024167071.372.28$11,919
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024168084.451.66$14,188
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023159085.443.09$13,585
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023162078.122.24$12,655
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022147085.005.65$12,495
Oct 20220087.185.86$0
Sep 2022158084.888.16$13,411
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221560115.097.98$17,954
May 202200109.378.43$0
Apr 20221760104.226.84$18,343
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022180081.844.54$14,731
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021181079.795.71$14,442
Sep 20210069.865.35$0
Aug 2021139066.024.22$9,177
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021165060.362.76$9,959
Mar 20210061.302.72$0
Feb 2021180057.805.55$10,404
Jan 2021173050.412.81$8,721
Dec 20200044.642.68$0
Nov 2020177038.772.71$6,862
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020336039.982.39$13,433
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020171014.751.80$2,522
Mar 2020166030.341.86$5,036
Feb 20200049.881.98$0
Jan 2020166057.252.09$9,504
Dec 20190059.012.30$0
Nov 2019166055.302.75$9,180
Oct 20190053.472.42$0
Sep 2019167055.052.66$9,193
Aug 2019167053.112.30$8,869
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201710042.493.09$425
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201644048.763.72$2,145
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016160045.352.69$7,256
May 20160042.521.99$0
Apr 2016166036.561.99$6,069
Mar 2016168033.011.79$5,546
Feb 20160026.472.06$0
Jan 2016171027.352.36$4,677
Dec 20150032.362.00$0
Nov 2015168038.792.17$6,517
Oct 20150043.552.43$0
Sep 2015163042.992.76$7,007
Aug 2015164040.162.87$6,586
Jul 2015157048.152.95$7,560
Jun 20150056.152.88$0
May 2015161055.212.96$8,889
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015180044.662.98$8,039
Jan 20150043.433.10$0
Dec 2014181054.693.59$9,899
Nov 2014173070.464.25$12,190
Oct 2014180078.303.90$14,094
Sep 20140086.164.05$0
Aug 2014173089.394.04$15,464
Jul 2014189096.564.18$18,250
Jun 20140098.164.74$0
May 2014179094.734.73$16,957
Apr 2014191095.944.81$18,325
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014195090.404.86$17,628
Dec 20130091.824.35$0
Nov 2013179088.853.74$15,904
Oct 20130097.423.78$0
Sep 20131920104.113.72$19,989
Aug 201300104.253.52$0
Jul 20131880102.523.72$19,274
Jun 20130094.403.93$0
May 2013189094.834.15$17,923
Apr 20130093.964.28$0
Mar 2013380093.623.91$35,576
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012187086.773.42$16,226
Nov 20120086.953.62$0
Oct 2012191089.383.40$17,072
Sep 20120094.672.92$0
Aug 2012193092.662.91$17,883
Jul 20120085.133.02$0
Jun 2012195079.822.52$15,565
May 20120091.612.49$0
Apr 20121790101.652.00$18,195
Mar 201200105.052.22$0
Feb 20121920101.102.57$19,411
Jan 20120098.092.73$0
Dec 2011189096.873.24$18,308
Nov 20110095.723.31$0
Oct 2011186084.983.65$15,806
Sep 2011195083.623.99$16,306
Aug 20110083.404.15$0
Jul 2011193094.144.52$18,169
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009186035.865.37$6,670
Dec 2008374037.105.98$13,875
Nov 2008387055.496.86$21,475
Oct 2008017075.246.92$1,177
Sep 200800101.767.88$0
Aug 20080191114.228.48$1,620
Jul 20080229131.0811.39$2,608
Jun 200800131.3313.03$0
May 20080703123.1711.57$8,137
Apr 2008176321110.3110.45$22,771
Mar 20081901,100101.909.66$29,991
Feb 20081911,17492.538.77$27,970
Jan 20081813,47390.388.21$44,857
Dec 200702,82288.337.30$20,606
Nov 20075543,88391.677.29$79,099
Oct 20077053,88582.856.92$85,301
Sep 20071831,05775.846.24$20,479
Aug 20073711,63069.066.39$36,034
Jul 200701,80570.906.39$11,530
Jun 200701,06562.007.55$8,039
May 2007027258.747.85$2,134
Apr 200705959.617.81$461
Mar 20070756.927.30$51
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006165054.207.62$8,943
Oct 20060054.906.01$0
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 20064057.597.75$230
Jan 20060060.598.93$0
Dec 200535018954.9413.42$21,765
Nov 200501,29254.6910.59$13,680
Oct 20053571,23358.3413.80$37,838
Sep 200501,22461.4512.08$14,785
Aug 200526661161.519.80$22,348
Jul 20053561,38255.697.84$30,666
Jun 20053721,79952.337.38$32,745
May 200501,93145.226.65$12,843
Apr 200503,13749.207.36$23,090
Mar 20053711,14650.377.15$26,887
Feb 20053621,27845.226.31$24,436
Jan 200501,09543.166.32$6,923
Dec 200418089139.866.75$13,190
Nov 200417757145.286.33$11,629
Oct 20042541,29049.706.52$21,028
Sep 20045481,73943.245.28$32,884
Aug 20041812,22242.375.55$20,003
Jul 20047261,73038.286.08$38,317
Jun 20041883,59836.106.43$29,933
May 20047665,80137.486.49$66,385
Apr 20043673,47034.475.86$32,979
Mar 20045012,31334.365.53$30,006
Feb 2004088432.455.51$4,871
Jan 20043451,47532.036.30$20,342
Dec 20033552,37430.266.30$25,702
Nov 20032762,34128.804.60$18,706
Oct 20037242,44728.174.76$32,042
Sep 20033542,10926.314.75$19,330
Aug 20036612,17129.765.13$30,808
Jul 20035453,44829.415.17$33,858
Jun 20036973,32928.565.98$39,824
May 20035493,13626.595.97$33,328
Apr 20031833,58126.675.41$24,244
Mar 20033452,33531.146.10$24,978
Feb 200302,34733.487.93$18,602
Jan 200302,66530.315.58$14,876
Dec 200202,24226.914.85$10,882
Nov 20021904,12624.664.14$21,755
Oct 20023376,17026.464.23$35,011
Sep 20025324,58527.443.64$31,265
Aug 20023283,43525.963.16$19,384
Jul 20023542,56524.583.06$16,555
Jun 20024533,14823.733.34$21,258
May 20025104,59524.663.58$29,045
Apr 20023542,92323.653.51$18,639
Mar 20023742,00022.003.10$14,433
Feb 20025472,34218.222.38$15,530
Jan 20023652,12817.172.38$11,323
Dec 20013591,56616.932.36$9,781
Nov 2001106018.072.41$1,915
Oct 200144019.782.53$870
Sep 2001215024.262.25$5,216
Aug 2001181024.873.05$4,501
Jul 2001249023.933.20$5,959
Jun 20010024.563.82$0
May 2001357025.524.31$9,111
Apr 2001725024.685.34$17,893
Mar 2001123024.545.38$3,018
Feb 2001356027.755.77$9,879
Jan 2001545027.478.40$14,971
Dec 2000560026.889.12$15,053
Nov 2000504032.215.66$16,234
Oct 2000713031.235.15$22,267
Sep 2000364031.875.19$11,601
Aug 2000514029.644.54$15,235
Jul 20000028.534.09$0
Jun 2000182029.304.40$5,333
May 2000368027.263.68$10,032
Apr 2000545024.513.12$13,358
Mar 2000727028.422.86$20,661
Feb 2000366027.622.73$10,109
Jan 2000617025.272.48$15,592
Dec 1999516024.282.42$12,528
Nov 1999573023.192.43$13,288
Oct 1999545020.982.80$11,434
Sep 19990021.752.62$0
Aug 1999607019.262.88$11,691
Jul 1999544017.892.37$9,732
Jun 1999436015.942.36$6,950
May 1999512015.792.32$8,084
Apr 1999740015.102.21$11,174
Mar 1999775012.471.84$9,664
Feb 199936809.981.82$3,673
Jan 1999508010.381.90$5,273
Dec 199853409.201.77$4,913
Nov 1998419010.892.19$4,563
Oct 1998547012.421.97$6,794
Sep 1998371012.592.08$4,671
Aug 1998206011.301.91$2,328
Jul 1998374011.742.24$4,391
Jun 1998471011.242.24$5,294
May 1998389012.622.21$4,909
Apr 1998560013.042.51$7,302
Mar 1998523012.802.31$6,694
Feb 1998291013.952.30$4,059
Jan 1998770014.702.15$11,319
Dec 1997187016.322.41$3,052
Nov 1997237018.193.09$4,311
Oct 1997372019.253.15$7,161
Sep 1997952017.742.95$16,888
Aug 1997190017.862.55$3,393
Jul 1997566017.582.25$9,950
Jun 1997188017.242.26$3,241
May 1997548018.972.31$10,396
Apr 1997376017.882.08$6,723
Mar 1997408018.951.94$7,732
Feb 1997189020.492.21$3,873
Jan 1997384023.483.54$9,016
Dec 1996566023.32$13,199
Nov 1996867021.97$19,048
Oct 1996691023.31$16,107
Sep 1996647022.22$14,376
Aug 1996510020.26$10,333
Jul 1996762019.55$14,897
Jun 1996754018.73$14,122
May 1996770019.43$14,961
Apr 1996749021.51$16,111
Mar 1996844019.38$16,357
Feb 1996684016.98$11,614
Jan 1996640017.07$10,925
Dec 1995832017.19$14,302
Nov 1995906016.00$14,496
Oct 1995914015.43$14,103
Sep 1995731016.18$11,828
Aug 1995733015.92$11,669
Jul 1995338015.24$5,151
Jun 1995365016.41$5,990
May 1995550017.56$9,658
Apr 1995592017.73$10,496
Mar 1995823016.44$13,530
Feb 1995563016.58$9,335
Jan 1995549015.92$8,740
Dec 1994745015.03$11,197
Nov 1994632015.90$10,049
Oct 1994503015.58$7,837
Sep 1994615115.29$9,403
Aug 1994653116.13$10,533
Jul 1994722117.56$12,678
Jun 1994633117.09$10,818
May 1994525115.88$8,337
Apr 1994701114.14$9,912
Mar 1994773112.46$9,632
Feb 1994552112.50$6,900
Jan 1994747112.66$9,457
Dec 1993775112.33$9,556
Nov 1993909114.49$13,171
Oct 1993733115.85$11,618
Sep 1993611115.03$9,183
Aug 19930115.66$0
Jul 1993184115.46$2,845
Jun 19933475016.79$5,826
May 19937595017.68$13,419
Apr 19939465118.05$17,075
Mar 19931,1335118.14$20,553
Feb 19931,1335217.90$20,281
Jan 19931,2995216.93$21,992

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.

May 2026 — as filed, then multipliedworked
Oil                   68 bbl  × $106.41 =     $7,236
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $7,236

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. 03/O/12121 is the state's own key, not one this site invented.