HUBBERD ESTATE F

Operated by VARAS ENERGY OPERATING COMPANY, (P-5 102824) in the LA PERLA (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 135920District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111993-06-11124440
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition8,579 bbl$235,825
GasProduction1,161,021 Mcf$2,520,807
Total$2,756,633

536,047 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.

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 27.3397, -99.3014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.33975, -99.30138 · 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
9,000 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 9,000 ft.

Completions filed
Jun 1992
1 of 1 wells

1 well

42-4793502519,000 ftJun 1992

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 20260693106.413.05$2,111
Apr 2026027998.932.87$801
Mar 20263147389.753.15$4,272
Feb 202601,42263.503.75$5,333
Jan 2026040059.138.00$3,199
Dec 202501,31856.664.41$5,817
Nov 202501,99758.593.93$7,841
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250566.483.13$16
May 2025066260.553.23$2,140
Apr 202501,76262.363.54$6,243
Mar 2025362,47167.704.27$12,984
Feb 2025028170.884.34$1,220
Jan 20250074.324.28$0
Dec 202404368.993.12$134
Nov 2024036969.052.20$811
Oct 2024056271.372.28$1,282
Sep 2024041269.612.36$974
Aug 20242935975.632.06$2,934
Jul 2024062079.932.15$1,331
Jun 2024074678.082.63$1,965
May 2024077878.812.20$1,710
Apr 20240984.451.66$15
Mar 2024038780.301.55$598
Feb 2024037176.091.78$662
Jan 20240073.023.30$0
Dec 2023053471.262.61$1,394
Nov 20230077.892.81$0
Oct 202308985.443.09$275
Sep 2023071589.042.74$1,956
Aug 202301,15380.522.67$3,082
Jul 202301,34974.852.64$3,564
Jun 202301,02068.962.26$2,304
May 202301,13570.622.23$2,528
Apr 202301,21878.122.24$2,726
Mar 202301,36572.852.39$3,267
Feb 202301,29275.112.47$3,186
Jan 202301,45876.533.39$4,939
Dec 202201,40276.415.73$8,032
Nov 2022371,20185.005.65$9,926
Oct 202201,49587.185.86$8,766
Sep 202201,48584.888.16$12,123
Aug 202201,39094.529.13$12,687
Jul 202201,316101.587.54$9,925
Jun 202201,405115.097.98$11,208
May 202201,904109.378.43$16,057
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220791.054.86$34
Jan 2022087581.844.54$3,970
Dec 2021271,02971.323.90$5,938
Nov 2021099577.435.24$5,211
Oct 202101,00979.795.71$5,765
Sep 2021099369.865.35$5,313
Aug 202101,00766.024.22$4,250
Jul 202101,49370.783.98$5,945
Jun 202101,14469.493.38$3,867
May 2021050263.483.02$1,515
Apr 202101,08360.362.76$2,987
Mar 2021065861.302.72$1,788
Feb 202107757.805.55$427
Jan 2021063650.412.81$1,787
Dec 2020087644.642.68$2,344
Nov 2020099738.772.71$2,698
Oct 2020098336.972.48$2,436
Sep 20202574037.091.99$2,401
Aug 2020093939.982.39$2,240
Jul 2020082838.371.83$1,511
Jun 2020099134.901.69$1,675
May 2020099116.921.81$1,798
Apr 2020088814.751.80$1,602
Mar 2020079630.341.86$1,478
Feb 2020086949.881.98$1,721
Jan 2020086457.252.09$1,810
Dec 20192579359.012.30$3,303
Nov 2019081455.302.75$2,239
Oct 201901,00853.472.42$2,438
Sep 2019093855.052.66$2,493
Aug 2019086553.112.30$1,993
Jul 201901,20456.272.46$2,962
Jun 201901,02052.782.49$2,541
May 201901,09858.482.74$3,009
Apr 201901,28562.632.75$3,535
Mar 2019251,48156.803.06$5,955
Feb 201902,00950.852.79$5,610
Jan 201901,00146.033.23$3,231
Dec 2018093246.594.19$3,901
Nov 201801,02052.934.24$4,322
Oct 201801,02761.443.40$3,490
Sep 20182898959.543.11$4,741
Aug 201801,12459.403.07$3,447
Jul 201801,41365.142.93$4,143
Jun 201801,63460.183.08$5,028
May 20180065.382.90$0
Apr 201801,23263.842.90$3,574
Mar 201801,24461.222.79$3,467
Feb 201801,08661.782.77$3,004
Jan 2018351,30862.874.01$7,445
Dec 201701,20557.272.92$3,520
Nov 201701,20255.423.12$3,748
Oct 2017291,35349.292.98$5,466
Sep 201701,30447.523.09$4,026
Aug 201701,84545.373.00$5,543
Jul 201701,51143.873.09$4,665
Jun 20170042.493.09$0
May 20176760045.373.26$4,998
Apr 201701,97047.933.21$6,327
Mar 201703,11246.772.98$9,285
Feb 2017047850.452.95$1,411
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016079741.553.10$2,471
Aug 2016291,00641.442.92$4,144
Jul 201601,01541.622.92$2,968
Jun 2016098345.352.69$2,640
May 2016291,01142.521.99$3,246
Apr 2016091236.561.99$1,816
Mar 2016191,09733.011.79$2,595
Feb 201601,17226.472.06$2,419
Jan 2016321,47627.352.36$4,365
Dec 201502,55732.362.00$5,118
Nov 201502,50638.792.17$5,431
Oct 201502,69443.552.43$6,537
Sep 2015452,75142.992.76$9,523
Aug 201502,88840.162.87$8,296
Jul 201502,89848.152.95$8,535
Jun 201503,04656.152.88$8,781
May 2015452,66955.212.96$10,373
Apr 201501,64449.822.71$4,450
Mar 201501,66642.892.93$4,889
Feb 2015552,59044.662.98$10,165
Jan 201501,93043.433.10$5,984
Dec 201403,33054.693.59$11,959
Nov 201403,93970.464.25$16,748
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20148251489.394.04$9,404
Jul 2014070996.564.18$2,963
Jun 201401,13998.164.74$5,395
May 201403,36294.734.73$15,891
Apr 201405,07795.944.81$24,416
Mar 201402,15395.895.06$10,887
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013064694.403.93$2,541
May 201301,42194.834.15$5,896
Apr 201301,23693.964.28$5,293
Mar 201301,31893.623.91$5,157
Feb 201301,20091.233.42$4,104
Jan 201301,60791.603.42$5,496
Dec 201201,30486.773.42$4,460
Nov 2012087186.953.62$3,157
Oct 201201,29889.383.40$4,413
Sep 201201,04194.672.92$3,038
Aug 201201,19192.662.91$3,464
Jul 201201,25385.133.02$3,785
Jun 201201,33579.822.52$3,363
May 201201,35691.612.49$3,374
Apr 201201,250101.652.00$2,496
Mar 201201,327105.052.22$2,949
Feb 201201,242101.102.57$3,192
Jan 201201,74898.092.73$4,779
Dec 201101,71496.873.24$5,553
Nov 201102,37995.723.31$7,878
Oct 201102,41784.983.65$8,819
Sep 201101,95583.623.99$7,792
Aug 201101,69283.404.15$7,021
Jul 201101,04594.144.52$4,721
Jun 2011097592.904.64$4,524
May 201101,09298.134.40$4,810
Apr 201101,039105.964.33$4,502
Mar 201101,20296.364.06$4,877
Feb 201101,11185.644.18$4,644
Jan 201101,27486.504.59$5,846
Dec 201001,11785.734.35$4,856
Nov 201001,11480.843.80$4,228
Oct 201001,19478.103.51$4,190
Sep 201001,06272.633.98$4,226
Aug 201001,60873.684.42$7,106
Jul 201001,24672.554.74$5,902
Jun 2010098170.364.91$4,817
May 201001,19071.124.24$5,040
Apr 201021,36081.694.12$5,770
Mar 201001,57178.394.39$6,895
Feb 201001,23773.585.44$6,732
Jan 201001,36974.365.96$8,165
Dec 2009581,66471.445.48$13,268
Nov 200901,23474.593.75$4,629
Oct 200901,25472.544.11$5,154
Sep 200901,58065.543.06$4,842
Aug 200901,50767.423.22$4,850
Jul 200901,61361.133.46$5,588
Jun 2009072466.163.90$2,820
May 200901,01854.743.93$3,996
Apr 2009092746.773.59$3,326
Mar 2009099042.144.06$4,018
Feb 200901,10032.814.63$5,096
Jan 200901,08735.865.37$5,838
Dec 20082989437.105.98$6,419
Nov 2008099755.496.86$6,840
Oct 2008291,08275.246.92$9,672
Sep 200801,248101.767.88$9,831
Aug 200801,453114.228.48$12,326
Jul 20080883131.0811.39$10,057
Jun 200801,023131.3313.03$13,332
May 200801,759123.1711.57$20,359
Apr 200801,242110.3110.45$12,985
Mar 200801,606101.909.66$15,521
Feb 200801,09892.538.77$9,630
Jan 200801,46290.388.21$11,997
Dec 200701,26888.337.30$9,259
Nov 200701,35591.677.29$9,880
Oct 2007771,55082.856.92$17,109
Sep 2007087775.846.24$5,476
Aug 200701,22269.066.39$7,806
Jul 200701,67870.906.39$10,719
Jun 2007079362.007.55$5,986
May 2007781,76158.747.85$18,399
Apr 200702,10259.617.81$16,407
Mar 200701,50156.927.30$10,960
Feb 200701,55855.108.22$12,801
Jan 200701,32250.306.73$8,893
Dec 200601,76956.656.92$12,239
Nov 200601,38854.207.62$10,573
Oct 2006771,83954.906.01$15,287
Sep 200601,86560.085.04$9,394
Aug 20061141,71768.717.34$20,436
Jul 200601,43669.376.34$9,108
Jun 200601,63666.286.38$10,444
May 200602,26966.016.42$14,578
Apr 20061231,74164.397.36$20,735
Mar 200601,83056.707.08$12,962
Feb 200601,54557.597.75$11,975
Jan 200602,09860.598.93$18,742
Dec 20051061,82054.9413.42$30,240
Nov 200501,84154.6910.59$19,493
Oct 200502,07058.3413.80$28,557
Sep 200501,88761.4512.08$22,793
Aug 200501,56861.519.80$15,361
Jul 2005921,98855.697.84$20,717
Jun 200501,85352.337.38$13,677
May 200501,87645.226.65$12,478
Apr 2005961,99349.207.36$19,393
Mar 200501,32850.377.15$9,502
Feb 200501,58645.226.31$10,011
Jan 200502,25143.166.32$14,231
Dec 200401,74639.866.75$11,787
Nov 200401,86745.286.33$11,819
Oct 200401,80749.706.52$11,773
Sep 20041052,36543.245.28$17,037
Aug 200402,10342.375.55$11,673
Jul 20041152,61338.286.08$20,300
Jun 200401,92336.106.43$12,371
May 200401,83937.486.49$11,944
Apr 200402,53234.475.86$14,834
Mar 20041092,47734.365.53$17,443
Feb 200401,80732.455.51$9,956
Jan 200402,01332.036.30$12,681
Dec 200302,09030.266.30$13,170
Nov 2003792,25928.804.60$12,656
Oct 200302,49828.174.76$11,890
Sep 200302,22026.314.75$10,544
Aug 200301,89329.765.13$9,711
Jul 200302,41629.415.17$12,493
Jun 200302,63328.565.98$15,753
May 200302,83026.595.97$16,903
Apr 20031181,93926.675.41$13,632
Mar 200302,15931.146.10$13,161
Feb 200301,49833.487.93$11,873
Jan 200302,21430.315.58$12,359
Dec 200202,13326.914.85$10,353
Nov 200202,02524.664.14$8,377
Oct 2002473,31426.464.23$15,259
Sep 200202,28227.443.64$8,296
Aug 200202,78625.963.16$8,815
Jul 200202,72024.583.06$8,328
Jun 200202,40623.733.34$8,032
May 200202,23624.663.58$8,014
Apr 20021052,48023.653.51$11,194
Mar 200202,77622.003.10$8,613
Feb 20021511,80518.222.38$7,039
Jan 200202,82417.172.38$6,709
Dec 200101,98216.932.36$4,686
Nov 200102,36518.072.41$5,689
Oct 200102,50619.782.53$6,337
Sep 200102,77924.262.25$6,256
Aug 200102,15424.873.05$6,577
Jul 20011702,62623.933.20$12,464
Jun 200103,14224.563.82$12,016
May 200103,42625.524.31$14,757
Apr 200102,31124.685.34$12,330
Mar 20011802,54824.545.38$18,116
Feb 200102,78627.755.77$16,067
Jan 200101,79227.478.40$15,051
Dec 200002,31826.889.12$21,146
Nov 200002,89032.215.66$16,352
Oct 200002,56431.235.15$13,193
Sep 2000743,29231.875.19$19,432
Aug 2000323,87729.644.54$18,553
Jul 200003,33628.534.09$13,643
Jun 200003,50529.304.40$15,412
May 200003,35027.263.68$12,327
Apr 200003,72124.513.12$11,595
Mar 200003,80128.422.86$10,870
Feb 2000653,48927.622.73$11,308
Jan 20001113,44125.272.48$11,340
Dec 199902,98124.282.42$7,225
Nov 199902,90623.192.43$7,073
Oct 1999844,15120.982.80$13,401
Sep 199903,20021.752.62$8,380
Aug 199904,36119.262.88$12,540
Jul 199904,67117.892.37$11,081
Jun 199903,36915.942.36$7,958
May 199903,43015.792.32$7,961
Apr 199903,96215.102.21$8,748
Mar 199904,10712.471.84$7,550
Feb 199903,9729.981.82$7,220
Jan 199904,31910.381.90$8,206
Dec 199804,7289.201.77$8,384
Nov 199803,78910.892.19$8,282
Oct 199804,05612.421.97$7,987
Sep 199804,77612.592.08$9,947
Aug 199804,89111.301.91$9,329
Jul 199804,07211.742.24$9,110
Jun 199803,87611.242.24$8,672
May 199804,76712.622.21$10,518
Apr 199804,03213.042.51$10,101
Mar 199804,20612.802.31$9,714
Feb 199803,71413.952.30$8,539
Jan 199804,74614.702.15$10,227
Dec 199705,01316.322.41$12,087
Nov 199724,84618.193.09$15,002
Oct 199755,08419.253.15$16,110
Sep 199706,24917.742.95$18,465
Aug 1997254,56117.862.55$12,099
Jul 199705,18017.582.25$11,639
Jun 199705,64417.242.26$12,740
May 1997535,54218.972.31$13,799
Apr 199706,29117.882.08$13,103
Mar 199705,64018.951.94$10,937
Feb 1997995,92420.492.21$15,096
Jan 19971798,92423.483.54$35,791
Dec 199607,35823.32$0
Nov 19961786,12021.97$3,911
Oct 19961786,26423.31$4,149
Sep 19961785,92522.22$3,955
Aug 19961554,97720.26$3,140
Jul 199606,85119.55$0
Jun 19961637,98218.73$3,053
May 19961667,48619.43$3,225
Apr 19961847,39621.51$3,958
Mar 199607,75519.38$0
Feb 199687,68916.98$136
Jan 199608,57417.07$0
Dec 19951578,77217.19$2,699
Nov 199507,99316.00$0
Oct 19951578,47315.43$2,423
Sep 199509,94816.18$0
Aug 199506,21915.92$0
Jul 19952548,44115.24$3,871
Jun 1995369,06116.41$591
May 199508,17917.56$0
Apr 199508,43517.73$0
Mar 19951049,33916.44$1,710
Feb 1995548,16516.58$895
Jan 199505,28815.92$0
Dec 19942111,28315.03$316
Nov 19941610,16515.90$254
Oct 1994319,93115.58$483
Sep 19943111,86115.29$474
Aug 19942011,69916.13$323
Jul 19941912,36317.56$334
Jun 19942112,94617.09$359
May 19943815,96315.88$603
Apr 19941617,36914.14$226
Mar 1994989,64312.46$1,221
Feb 199407,70012.50$0
Jan 1994988,31212.66$1,241
Dec 19939612,01212.33$1,184
Nov 199318912,18114.49$2,739
Oct 199320813,31815.85$3,297
Sep 199310315,76715.03$1,548
Aug 199321816,72815.66$3,414
Jul 199317918,43315.46$2,767
Jun 19938916,50316.79$1,494
May 199328719,54017.68$5,074
Apr 199340830,17318.05$7,364
Mar 199332222,24718.14$5,841
Feb 199322115,46917.90$3,956
Jan 199335921,75116.93$6,078

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  693 Mcf  × $  3.05 =     $2,111

────────────────────────────────────────────────────
Month total                                   $2,111

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. 04/G/135920 is the state's own key, not one this site invented.