HUBBERD ESTATE D

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 141748District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$19 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 Gas111993-03-10125678
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
CondensateDisposition1,435 bbl$35,785
GasProduction732,952 Mcf$1,515,045
Total$1,550,831

354,679 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 27.3473, -99.3049. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.34733, -99.30488 · 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
9,565 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 9,565 ft.

Completions filed
Jun 1992
1 of 1 wells

1 well

42-4793539089,565 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 20260557106.413.05$1,697
Apr 2026051898.932.87$1,487
Mar 202629089.753.15$2,603
Feb 2026038363.503.75$1,436
Jan 2026067759.138.00$5,415
Dec 2025067556.664.41$2,979
Nov 2025045058.593.93$1,767
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025036266.483.13$1,133
May 202501,06460.553.23$3,439
Apr 202505762.363.54$202
Mar 20251412067.704.27$1,460
Feb 202508770.884.34$378
Jan 2025074874.324.28$3,200
Dec 2024057668.993.12$1,798
Nov 20240069.052.20$0
Oct 20240571.372.28$11
Sep 202401969.612.36$45
Aug 202411975.632.06$115
Jul 202408979.932.15$191
Jun 2024016478.082.63$432
May 2024025778.812.20$565
Apr 2024027884.451.66$461
Mar 20240380.301.55$5
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202306471.262.61$167
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023019880.522.67$529
Jul 2023043774.852.64$1,154
Jun 202302368.962.26$52
May 2023055370.622.23$1,232
Apr 2023058578.122.24$1,309
Mar 2023077372.852.39$1,850
Feb 2023096575.112.47$2,379
Jan 202301,63376.533.39$5,532
Dec 2022029576.415.73$1,690
Nov 202215085.005.65$1,275
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220294.529.13$18
Jul 202200101.587.54$0
Jun 202204115.097.98$32
May 20220202109.378.43$1,703
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202202081.844.54$91
Dec 2021124671.323.90$1,035
Nov 2021035877.435.24$1,875
Oct 2021053479.795.71$3,051
Sep 2021082469.865.35$4,409
Aug 2021063066.024.22$2,659
Jul 202101,23770.783.98$4,926
Jun 2021065969.493.38$2,228
May 202101963.483.02$57
Apr 2021019560.362.76$538
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 202102250.412.81$62
Dec 202009344.642.68$249
Nov 2020032938.772.71$890
Oct 2020039636.972.48$981
Sep 20201638837.091.99$1,366
Aug 2020043639.982.39$1,040
Jul 2020048538.371.83$885
Jun 2020062134.901.69$1,050
May 202001,06116.921.81$1,925
Apr 2020051014.751.80$920
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202002257.252.09$46
Dec 2019354359.012.30$2,164
Nov 2019032355.302.75$888
Oct 2019084153.472.42$2,034
Sep 2019096955.052.66$2,575
Aug 201901,14753.112.30$2,643
Jul 201901,29456.272.46$3,183
Jun 201901,30052.782.49$3,239
May 201901,84558.482.74$5,056
Apr 201902,83162.632.75$7,787
Mar 2019784,61556.803.06$18,562
Feb 201907,20650.852.79$20,121
Jan 2019033046.033.23$1,065
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201820059.543.11$1,191
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 201815062.874.01$943
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 20170042.493.09$0
May 20170045.373.26$0
Apr 201701147.933.21$35
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
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 20160845.352.69$21
May 20160042.521.99$0
Apr 20160636.561.99$12
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201501232.362.00$24
Nov 20150038.792.17$0
Oct 2015015443.552.43$374
Sep 2015423442.992.76$817
Aug 2015033140.162.87$951
Jul 2015031848.152.95$937
Jun 2015034656.152.88$997
May 2015422655.212.96$889
Apr 2015018849.822.71$509
Mar 201509742.892.93$285
Feb 201529544.662.98$372
Jan 2015020743.433.10$642
Dec 2014033154.693.59$1,189
Nov 2014051770.464.25$2,198
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20141013489.394.04$1,435
Jul 201408596.564.18$355
Jun 2014011698.164.74$549
May 2014033694.734.73$1,588
Apr 2014035595.944.81$1,707
Mar 2014041695.895.06$2,104
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 2013039894.403.93$1,566
May 201301,39894.834.15$5,800
Apr 201301,06593.964.28$4,561
Mar 201301,54993.623.91$6,061
Feb 2013099091.233.42$3,386
Jan 201301,10691.603.42$3,782
Dec 201201,65486.773.42$5,657
Nov 2012051686.953.62$1,870
Oct 2012030889.383.40$1,047
Sep 2012041694.672.92$1,214
Aug 2012060592.662.91$1,759
Jul 2012046785.133.02$1,411
Jun 201201,04679.822.52$2,635
May 2012046091.612.49$1,145
Apr 20120602101.652.00$1,202
Mar 20120935105.052.22$2,078
Feb 20120878101.102.57$2,257
Jan 201201,13498.092.73$3,100
Dec 2011099396.873.24$3,217
Nov 201101,34595.723.31$4,454
Oct 2011093684.983.65$3,415
Sep 201101,73883.623.99$6,927
Aug 201101,01783.404.15$4,220
Jul 201101,95594.144.52$8,831
Jun 201101,81192.904.64$8,403
May 2011068998.134.40$3,035
Apr 20110592105.964.33$2,565
Mar 2011083696.364.06$3,392
Feb 2011080885.644.18$3,377
Jan 201101,61486.504.59$7,406
Dec 2010088485.734.35$3,843
Nov 201001,34680.843.80$5,109
Oct 201001,20178.103.51$4,214
Sep 201001,45672.633.98$5,794
Aug 201001,40973.684.42$6,227
Jul 201001,11172.554.74$5,262
Jun 201001,22870.364.91$6,030
May 201001,44471.124.24$6,116
Apr 201001,41581.694.12$5,834
Mar 201002,44678.394.39$10,735
Feb 2010028173.585.44$1,529
Jan 2010088374.365.96$5,266
Dec 2009213671.445.48$889
Nov 200902874.593.75$105
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090267.423.22$6
Jul 200901561.133.46$52
Jun 200901,59166.163.90$6,197
May 200906154.743.93$239
Apr 200908346.773.59$298
Mar 200903942.144.06$158
Feb 200907632.814.63$352
Jan 2009016735.865.37$897
Dec 2008121237.105.98$1,304
Nov 2008012655.496.86$864
Oct 200812,83975.246.92$19,727
Sep 200801,114101.767.88$8,775
Aug 200801,745114.228.48$14,803
Jul 200802,180131.0811.39$24,829
Jun 200802,445131.3313.03$31,865
May 200801,740123.1711.57$20,139
Apr 200802,782110.3110.45$29,085
Mar 200800101.909.66$0
Feb 200801392.538.77$114
Jan 200807790.388.21$632
Dec 200701,68488.337.30$12,297
Nov 200701,13691.677.29$8,283
Oct 2007086182.856.92$5,960
Sep 2007019175.846.24$1,193
Aug 2007022269.066.39$1,418
Jul 2007063470.906.39$4,050
Jun 2007060562.007.55$4,567
May 2007022658.747.85$1,773
Apr 2007042859.617.81$3,341
Mar 2007046156.927.30$3,366
Feb 2007072055.108.22$5,916
Jan 2007068150.306.73$4,581
Dec 200601,36356.656.92$9,430
Nov 2006081854.207.62$6,231
Oct 2006076054.906.01$4,570
Sep 2006053460.085.04$2,690
Aug 2006018468.717.34$1,351
Jul 2006096669.376.34$6,127
Jun 200601,55566.286.38$9,927
May 2006094666.016.42$6,078
Apr 200601,41164.397.36$10,386
Mar 200601,04056.707.08$7,366
Feb 200601,02457.597.75$7,937
Jan 2006025060.598.93$2,233
Dec 200501,06854.9413.42$14,328
Nov 200501,06454.6910.59$11,266
Oct 2005053458.3413.80$7,367
Sep 2005075361.4512.08$9,095
Aug 2005063061.519.80$6,172
Jul 2005093455.697.84$7,326
Jun 200501,22552.337.38$9,042
May 200501,12245.226.65$7,463
Apr 2005084849.207.36$6,242
Mar 2005020050.377.15$1,431
Feb 200501,60145.226.31$10,105
Jan 200502,00043.166.32$12,644
Dec 200401,32739.866.75$8,959
Nov 200402,36345.286.33$14,959
Oct 200401,82749.706.52$11,903
Sep 200423,28243.245.28$17,428
Aug 200405,06342.375.55$28,103
Jul 200431,41538.286.08$8,724
Jun 200401,39236.106.43$8,955
May 200402,50637.486.49$16,275
Apr 200401,60034.475.86$9,374
Mar 200491,22534.365.53$7,084
Feb 200401,30232.455.51$7,174
Jan 200401,48832.036.30$9,374
Dec 200301,14530.266.30$7,215
Nov 2003181,78928.804.60$8,739
Oct 200302,08228.174.76$9,910
Sep 200303,25826.314.75$15,473
Aug 200302,48529.765.13$12,747
Jul 200301,57629.415.17$8,149
Jun 200302,16128.565.98$12,929
May 200301,56326.595.97$9,335
Apr 2003465026.675.41$3,621
Mar 200301,29631.146.10$7,900
Feb 2003023333.487.93$1,847
Jan 2003055630.315.58$3,104
Dec 200202,16026.914.85$10,484
Nov 2002094224.664.14$3,897
Oct 200201,31626.464.23$5,566
Sep 200201,31327.443.64$4,773
Aug 200201,18125.963.16$3,737
Jul 2002036924.583.06$1,130
Jun 200201,53323.733.34$5,118
May 2002021224.663.58$760
Apr 200201,56823.653.51$5,507
Mar 2002073422.003.10$2,277
Feb 2002056818.222.38$1,349
Jan 200201,49617.172.38$3,554
Dec 2001064616.932.36$1,527
Nov 200101,25518.072.41$3,019
Oct 200102,90019.782.53$7,334
Sep 200102,74024.262.25$6,169
Aug 200103,38224.873.05$10,326
Jul 200102,75623.933.20$8,811
Jun 200103,21124.563.82$12,279
May 200102,24525.524.31$9,670
Apr 200101,65424.685.34$8,825
Mar 200102,09824.545.38$11,280
Feb 200102,37027.755.77$13,668
Jan 200101,92127.478.40$16,134
Dec 200007126.889.12$648
Nov 2000084332.215.66$4,770
Oct 2000075131.235.15$3,864
Sep 200001,64631.875.19$8,537
Aug 200011,56029.644.54$7,113
Jul 200001,09928.534.09$4,495
Jun 200001,62929.304.40$7,163
May 200001,84427.263.68$6,785
Apr 200001,68024.513.12$5,235
Mar 200002,18828.422.86$6,257
Feb 200042,99427.622.73$8,274
Jan 200092,47025.272.48$6,354
Dec 199902,81424.282.42$6,820
Nov 199901,64023.192.43$3,992
Oct 1999161,29920.982.80$3,978
Sep 199901,37021.752.62$3,588
Aug 199901,30019.262.88$3,738
Jul 199901,98217.892.37$4,702
Jun 1999373,29315.942.36$8,368
May 199902,79915.792.32$6,497
Apr 199902,91315.102.21$6,432
Mar 1999363,18012.471.84$6,295
Feb 199902,4579.981.82$4,466
Jan 199903,76110.381.90$7,146
Dec 199804,1739.201.77$7,400
Nov 1998284,20310.892.19$9,492
Oct 1998263,11812.421.97$6,463
Sep 199801,73712.592.08$3,618
Aug 1998441,99411.301.91$4,300
Jul 199802,87411.742.24$6,430
Jun 199801,72611.242.24$3,862
May 1998521,50012.622.21$3,966
Apr 199802,64213.042.51$6,619
Mar 199803,34712.802.31$7,730
Feb 1998362,12213.952.30$5,381
Jan 1998374,55714.702.15$10,363
Dec 199705,31116.322.41$12,805
Nov 1997364,75418.193.09$15,336
Oct 1997305,01419.253.15$16,371
Sep 199704,66317.742.95$13,779
Aug 1997153,22717.862.55$8,512
Jul 199705,58517.582.25$12,549
Jun 199705,58217.242.26$12,600
May 199706,98018.972.31$16,113
Apr 199706,28917.882.08$13,099
Mar 199706,88418.951.94$13,349
Feb 199707,86920.492.21$17,358
Jan 199708,27623.483.54$29,295
Dec 1996054323.32$0
Nov 199601,62621.97$0
Oct 1996046423.31$0
Sep 199601,15522.22$0
Aug 199604,07320.26$0
Jul 199607,46219.55$0
Jun 199607,99018.73$0
May 199601,39119.43$0
Apr 199605,87721.51$0
Mar 199606,84419.38$0
Feb 199606,57516.98$0
Jan 199606,95517.07$0
Dec 199587,20917.19$138
Nov 199508,88216.00$0
Oct 1995810,77715.43$123
Sep 199508,43016.18$0
Aug 199507,84215.92$0
Jul 1995589,70915.24$884
Jun 19951227,47616.41$2,002
May 199503,18317.56$0
Apr 1995404,69617.73$709
Mar 1995847,34516.44$1,381
Feb 1995169,50116.58$265
Jan 199502,44415.92$0
Dec 1994172,74615.03$256
Nov 1994163,93415.90$254
Oct 1994444,00015.58$686
Sep 1994548,17815.29$826
Aug 1994439,66116.13$694
Jul 19944211,13017.56$738
Jun 19942812,36817.09$479
May 1994109,41615.88$159
Apr 199457,44314.14$71
Mar 1994710,49212.46$87
Feb 199404,42112.50$0
Jan 199404,71512.66$0
Dec 199305,77012.33$0
Nov 199337,77314.49$43
Oct 199358,13215.85$79
Sep 199338,75215.03$45
Aug 1993610,47215.66$94
Jul 1993311,06415.46$46
Jun 199327,10416.79$34
May 1993712,00917.68$124
Apr 1993914,17618.05$162
Mar 1993915,67818.14$163
Feb 199368,35817.90$107
Jan 19937818,43816.93$1,321

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                  557 Mcf  × $  3.05 =     $1,697

────────────────────────────────────────────────────
Month total                                   $1,697

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/141748 is the state's own key, not one this site invented.