HUBBERD ESTATE E

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 135994District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$39 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 Gas111992-06-12124535
NGPA1none

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
CondensateDisposition3,795 bbl$112,236
GasProduction1,147,080 Mcf$2,673,819
Total$2,786,055

475,987 Mcf of this lease's gas, across 46 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 27.3430, -99.3017. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34302, -99.30167 · 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
9,300 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 9,300 ft.

Completions filed
Sep 1990
1 of 1 wells

1 well

42-4793506859,300 ftSep 1990

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 202601,902106.413.05$5,793
Apr 2026048598.932.87$1,392
Mar 20263733189.753.15$4,363
Feb 2026087363.503.75$3,274
Jan 202601,36759.138.00$10,933
Dec 202501,58956.664.41$7,013
Nov 202501,19158.593.93$4,676
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 202501263.933.01$36
Jul 202503666.743.32$119
Jun 2025048966.483.13$1,530
May 202501,06160.553.23$3,429
Apr 2025093662.363.54$3,316
Mar 2025351,00467.704.27$6,655
Feb 202501,18570.884.34$5,144
Jan 202501,41174.324.28$6,037
Dec 202401,39068.993.12$4,339
Nov 202401,53769.052.20$3,379
Oct 202401,25571.372.28$2,863
Sep 202401,86569.612.36$4,410
Aug 2024431,68175.632.06$6,721
Jul 202401,13579.932.15$2,436
Jun 2024048078.082.63$1,264
May 2024072978.812.20$1,603
Apr 2024013684.451.66$226
Mar 2024018680.301.55$287
Feb 2024017876.091.78$317
Jan 20240073.023.30$0
Dec 2023042171.262.61$1,099
Nov 20230077.892.81$0
Oct 2023011585.443.09$355
Sep 2023081989.042.74$2,240
Aug 202301,04780.522.67$2,799
Jul 202301,50374.852.64$3,971
Jun 202301,41068.962.26$3,184
May 202301,31570.622.23$2,929
Apr 202301,34878.122.24$3,017
Mar 202301,37772.852.39$3,295
Feb 202301,32375.112.47$3,262
Jan 2023097876.533.39$3,313
Dec 2022092676.415.73$5,305
Nov 20222887585.005.65$7,320
Oct 202201,06787.185.86$6,257
Sep 202201,18284.888.16$9,649
Aug 202201,22194.529.13$11,144
Jul 202201,503101.587.54$11,336
Jun 202201,629115.097.98$12,995
May 20220686109.378.43$5,785
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 202209891.054.86$476
Jan 202201,21981.844.54$5,531
Dec 2021351,26271.323.90$7,417
Nov 202101,24077.435.24$6,494
Oct 202101,32079.795.71$7,542
Sep 202101,23069.865.35$6,582
Aug 202101,39566.024.22$5,888
Jul 202102,39570.783.98$9,537
Jun 202101,51469.493.38$5,118
May 2021069863.483.02$2,106
Apr 202101,20360.362.76$3,318
Mar 2021077361.302.72$2,100
Feb 2021012357.805.55$682
Jan 2021081150.412.81$2,279
Dec 2020085744.642.68$2,293
Nov 2020097738.772.71$2,644
Oct 202001,40136.972.48$3,472
Sep 2020431,46937.091.99$4,520
Aug 202001,55339.982.39$3,704
Jul 202001,56538.371.83$2,856
Jun 202001,47734.901.69$2,497
May 202001,59716.921.81$2,898
Apr 202001,86014.751.80$3,356
Mar 202001,58230.341.86$2,937
Feb 202001,58849.881.98$3,145
Jan 202001,70357.252.09$3,567
Dec 2019361,15159.012.30$4,777
Nov 201901,34855.302.75$3,708
Oct 201901,33453.472.42$3,226
Sep 201901,42055.052.66$3,773
Aug 201901,49353.112.30$3,440
Jul 201901,46056.272.46$3,592
Jun 201901,55252.782.49$3,866
May 201901,64358.482.74$4,502
Apr 201901,66762.632.75$4,585
Mar 2019201,83156.803.06$6,743
Feb 2019080850.852.79$2,256
Jan 201901,29746.033.23$4,187
Dec 201801,25546.594.19$5,253
Nov 201801,45852.934.24$6,178
Oct 201801,56561.443.40$5,318
Sep 2018351,44959.543.11$6,587
Aug 201801,50259.403.07$4,606
Jul 201801,55965.142.93$4,571
Jun 2018084460.183.08$2,597
May 20180065.382.90$0
Apr 201801,27863.842.90$3,707
Mar 201801,38861.222.79$3,868
Feb 201801,53961.782.77$4,257
Jan 2018351,64462.874.01$8,792
Dec 201701,83657.272.92$5,364
Nov 201701,98455.423.12$6,187
Oct 2017402,10549.292.98$8,252
Sep 201702,39147.523.09$7,382
Aug 201702,69245.373.00$8,088
Jul 201701,16243.873.09$3,587
Jun 20170042.493.09$0
May 20172484345.373.26$3,840
Apr 201702,53947.933.21$8,154
Mar 201702,96746.772.98$8,853
Feb 201708350.452.95$245
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201601,32641.553.10$4,111
Aug 2016391,80241.442.92$6,886
Jul 201601,85841.622.92$5,433
Jun 201601,81245.352.69$4,867
May 2016301,87442.521.99$5,007
Apr 201601,86036.561.99$3,703
Mar 2016352,06133.011.79$4,853
Feb 201601,98926.472.06$4,105
Jan 2016492,23727.352.36$6,629
Dec 201501,64532.362.00$3,292
Nov 201501,92838.792.17$4,179
Oct 201502,17743.552.43$5,283
Sep 2015362,18942.992.76$7,586
Aug 201502,45440.162.87$7,049
Jul 201502,87648.152.95$8,470
Jun 201503,21056.152.88$9,254
May 2015403,13355.212.96$11,468
Apr 201502,71749.822.71$7,354
Mar 2015059642.892.93$1,749
Feb 2015840144.662.98$1,551
Jan 2015051343.433.10$1,591
Dec 2014043954.693.59$1,577
Nov 2014088170.464.25$3,746
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014329389.394.04$1,450
Jul 201402096.564.18$84
Jun 2014013398.164.74$630
May 2014034694.734.73$1,635
Apr 2014055995.944.81$2,688
Mar 2014086195.895.06$4,354
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 2013086394.403.93$3,395
May 201301,76094.834.15$7,302
Apr 201301,49993.964.28$6,420
Mar 201302,05193.623.91$8,025
Feb 201301,66291.233.42$5,684
Jan 201301,67191.603.42$5,715
Dec 201202,26486.773.42$7,743
Nov 201201,67686.953.62$6,075
Oct 201201,66789.383.40$5,667
Sep 201201,33294.672.92$3,887
Aug 201202,03692.662.91$5,921
Jul 201201,26185.133.02$3,809
Jun 201201,81279.822.52$4,565
May 201201,35291.612.49$3,364
Apr 201201,701101.652.00$3,397
Mar 201201,862105.052.22$4,138
Feb 201201,398101.102.57$3,593
Jan 201201,35298.092.73$3,696
Dec 201102,11296.873.24$6,842
Nov 201102,29395.723.31$7,593
Oct 201101,99884.983.65$7,290
Sep 201102,64383.623.99$10,534
Aug 201102,16183.404.15$8,967
Jul 201102,62094.144.52$11,835
Jun 201102,23092.904.64$10,347
May 201101,80398.134.40$7,942
Apr 201101,402105.964.33$6,075
Mar 201101,59896.364.06$6,484
Feb 201101,11185.644.18$4,644
Jan 2011083386.504.59$3,822
Dec 201001,52185.734.35$6,613
Nov 201001,59580.843.80$6,054
Oct 201001,24478.103.51$4,365
Sep 201002,01972.633.98$8,035
Aug 201032,15773.684.42$9,754
Jul 201001,77272.554.74$8,393
Jun 2010036870.364.91$1,807
May 201001,04471.124.24$4,422
Apr 20101682681.694.12$4,712
Mar 201001,55378.394.39$6,816
Feb 201001,74173.585.44$9,475
Jan 201001,69074.365.96$10,079
Dec 20091186871.445.48$8,803
Nov 2009030474.593.75$1,140
Oct 2009026872.544.11$1,102
Sep 2009057665.543.06$1,765
Aug 200901,14767.423.22$3,692
Jul 200901,27961.133.46$4,431
Jun 200901,16566.163.90$4,538
May 200901,69354.743.93$6,646
Apr 200902,14746.773.59$7,702
Mar 200901,55042.144.06$6,291
Feb 200901,74532.814.63$8,085
Jan 200901,97035.865.37$10,581
Dec 2008791,19737.105.98$10,086
Nov 200801,12255.496.86$7,697
Oct 2008791,73275.246.92$17,933
Sep 200801,763101.767.88$13,887
Aug 20080548114.228.48$4,649
Jul 200802,016131.0811.39$22,961
Jun 20080715131.3313.03$9,318
May 20080669123.1711.57$7,743
Apr 200801,396110.3110.45$14,595
Mar 200801,694101.909.66$16,371
Feb 200801,70492.538.77$14,945
Jan 200802,47390.388.21$20,293
Dec 200702,11888.337.30$15,466
Nov 200701,21291.677.29$8,838
Oct 2007381,78382.856.92$15,490
Sep 200701,42475.846.24$8,892
Aug 2007038469.066.39$2,453
Jul 200701,28970.906.39$8,234
Jun 2007085162.007.55$6,424
May 2007481,60958.747.85$15,444
Apr 200701,23059.617.81$9,600
Mar 200701,27156.927.30$9,281
Feb 200702,40155.108.22$19,727
Jan 200702,15050.306.73$14,463
Dec 200602,72056.656.92$18,818
Nov 200602,06554.207.62$15,730
Oct 2006321,16054.906.01$8,733
Sep 200601,55160.085.04$7,813
Aug 20062477868.717.34$7,360
Jul 200602,07769.376.34$13,174
Jun 200601,68866.286.38$10,776
May 200602,09566.016.42$13,460
Apr 2006152,26864.397.36$17,659
Mar 200602,32756.707.08$16,482
Feb 200601,22757.597.75$9,511
Jan 200601,41860.598.93$12,667
Dec 2005271,22254.9413.42$17,877
Nov 200501,81154.6910.59$19,176
Oct 200502,43058.3413.80$33,524
Sep 200502,32861.4512.08$28,120
Aug 200502,45861.519.80$24,081
Jul 2005202,56855.697.84$21,256
Jun 200502,72452.337.38$20,106
May 200502,64645.226.65$17,599
Apr 2005222,07649.207.36$16,363
Mar 2005089350.377.15$6,389
Feb 200503,25345.226.31$20,533
Jan 200503,98143.166.32$25,169
Dec 200403,28839.866.75$22,198
Nov 200403,92845.286.33$24,866
Oct 200402,53549.706.52$16,516
Sep 2004113,93243.245.28$21,252
Aug 200403,45842.375.55$19,194
Jul 2004102,95838.286.08$18,380
Jun 200402,67536.106.43$17,208
May 200401,90037.486.49$12,340
Apr 200401,99734.475.86$11,699
Mar 200472,46734.365.53$13,883
Feb 200401,82732.455.51$10,066
Jan 200401,85932.036.30$11,711
Dec 200303,13630.266.30$19,762
Nov 200302,42928.804.60$11,162
Oct 200303,74228.174.76$17,811
Sep 200301,77426.314.75$8,425
Aug 200302,71129.765.13$13,907
Jul 200303,15929.415.17$16,335
Jun 200301,93928.565.98$11,601
May 200301,42626.595.97$8,517
Apr 2003661,69026.675.41$10,899
Mar 2003085431.146.10$5,206
Feb 2003085833.487.93$6,800
Jan 2003067730.315.58$3,779
Dec 200201,75926.914.85$8,538
Nov 200202,42124.664.14$10,016
Oct 2002643,14426.464.23$14,990
Sep 200202,17627.443.64$7,910
Aug 200202,94925.963.16$9,331
Jul 200202,92224.583.06$8,946
Jun 200203,00423.733.34$10,028
May 200203,56524.663.58$12,777
Apr 2002713,07623.653.51$12,483
Mar 200203,10422.003.10$9,631
Feb 2002301,21518.222.38$3,433
Jan 200201,28517.172.38$3,053
Dec 2001090516.932.36$2,140
Nov 200101,07718.072.41$2,591
Oct 200103,20619.782.53$8,108
Sep 200102,78724.262.25$6,274
Aug 200103,26224.873.05$9,959
Jul 200104,04323.933.20$12,926
Jun 200103,75524.563.82$14,360
May 200103,08325.524.31$13,279
Apr 200102,98824.685.34$15,942
Mar 200103,50124.545.38$18,823
Feb 200103,33127.755.77$19,210
Jan 200101,71527.478.40$14,404
Dec 200002,90426.889.12$26,492
Nov 200001,98432.215.66$11,225
Oct 200001,55031.235.15$7,976
Sep 200002,05631.875.19$10,663
Aug 200012,11629.644.54$9,638
Jul 200001,49028.534.09$6,094
Jun 200003,01129.304.40$13,240
May 200003,78227.263.68$13,917
Apr 200003,37224.513.12$10,507
Mar 200002,62528.422.86$7,507
Feb 200073,29627.622.73$9,180
Jan 2000153,35525.272.48$8,701
Dec 199903,19924.282.42$7,753
Nov 199903,30723.192.43$8,049
Oct 1999273,40620.982.80$10,116
Sep 199903,14521.752.62$8,236
Aug 199904,03819.262.88$11,612
Jul 199904,86117.892.37$11,532
Jun 1999634,27915.942.36$11,112
May 199904,23215.792.32$9,823
Apr 199905,19915.102.21$11,480
Mar 1999654,33412.471.84$8,778
Feb 199904,4669.981.82$8,118
Jan 199905,15910.381.90$9,802
Dec 199805,2769.201.77$9,356
Nov 1998585,38610.892.19$12,404
Oct 1998623,72712.421.97$8,109
Sep 199803,61812.592.08$7,535
Aug 1998594,19811.301.91$8,674
Jul 199803,65211.742.24$8,171
Jun 199803,35711.242.24$7,511
May 1998504,28612.622.21$10,087
Apr 199805,00313.042.51$12,534
Mar 199805,56212.802.31$12,845
Feb 1998514,60513.952.30$11,299
Jan 1998486,29414.702.15$14,268
Dec 199706,53616.322.41$15,759
Nov 1997485,90218.193.09$19,100
Oct 1997396,57319.253.15$21,455
Sep 199704,79817.742.95$14,178
Aug 1997184,92017.862.55$12,891
Jul 199706,22517.582.25$13,987
Jun 199706,11217.242.26$13,796
May 199706,76418.972.31$15,615
Apr 199705,90217.882.08$12,293
Mar 199706,64518.951.94$12,886
Feb 199706,12420.492.21$13,509
Jan 199705,61423.483.54$19,872
Dec 199607,12023.32$0
Nov 199606,88621.97$0
Oct 199607,36423.31$0
Sep 199606,24622.22$0
Aug 199607,19020.26$0
Jul 199607,86319.55$0
Jun 199608,12418.73$0
May 199608,12019.43$0
Apr 199608,44821.51$0
Mar 199609,27619.38$0
Feb 199607,91016.98$0
Jan 199608,50817.07$0
Dec 199568,98917.19$103
Nov 199508,07716.00$0
Oct 199588,15515.43$123
Sep 199508,81616.18$0
Aug 199508,30015.92$0
Jul 19951810,50315.24$274
Jun 1995169,49216.41$263
May 199507,97517.56$0
Apr 199507,65717.73$0
Mar 1995879,44016.44$1,430
Feb 1995689,93016.58$1,127
Jan 199504,41615.92$0
Dec 1994908,67615.03$1,353
Nov 1994958,43115.90$1,511
Oct 19941989,97615.58$3,085
Sep 199416812,79115.29$2,569
Aug 19947913,64116.13$1,274
Jul 19947315,45317.56$1,282
Jun 19949615,76517.09$1,641
May 199417916,25815.88$2,843
Apr 19947114,52414.14$1,004
Mar 19948610,23212.46$1,072
Feb 199406,61312.50$0
Jan 19942611,56212.66$329
Dec 19933014,31312.33$370
Nov 19935817,82414.49$840
Oct 19931717,23815.85$269
Sep 19930015.03$0
Aug 19930015.66$0
Jul 199381,58515.46$124
Jun 1993103,97216.79$168
May 19934715,95817.68$831
Apr 19935215,33318.05$939
Mar 19936317,62918.14$1,143
Feb 19934816,92717.90$859
Jan 19935616,48116.93$948

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                1,902 Mcf  × $  3.05 =     $5,793

────────────────────────────────────────────────────
Month total                                   $5,793

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/135994 is the state's own key, not one this site invented.